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GOPAL BALACHANDRAN
Indian-origin man who spent 43 years in prison before his conviction, now faces deportationSubramanyam Vedam spent 43 years in prison for a murder conviction that was recently overturned due to new evidence. He was set to be relea...
Health insurers bleed despite premium hikesIndian health insurers are facing challenges. Rising medical costs and claims are impacting their profitability. New India Assurance, ICICI...
Will ICICI Lombard be able to gain market share going forward? Gopal Balachandran answersGopal Balachandran says, “In retail health, we grew in excess of 19% on a nine-month basis; the industry numbers were slightly lower than 1...
Apple leads India's smartphone exports; After Sequoia, GGV Capital to split US-China bizApple has emerged as the largest exporter of smartphone shipments from India, after overtaking its closest rival Samsung. In just a year, i...
ICICI Lombard policy count gone up 9x while headcount down 25% over 15 years: CFO“ICICI Lombard has been able to significantly bring down the overall expense of management. It has always been within the threshold that th...
Health continues to be one of the fastest growing segments: Gopal Balachandran, ICICI LombardLast year, again, when you look at the numbers, industry grew at roughly about 15-16%, ICICI Lombard grew at about 17%. If you look at quar...
We expect ROE trajectory to stay around 16% to 18%: Gopal Balachandran, ICICI LombardI think if you look at as a company, ICICI Lombard has got a market share of 8.2% but if you look at maybe the retail health space, particu...
Non-life insurance to witness consolidation in 2022It is going to be more than seven months since the Insurance Regulatory and Development Authority of India (IRDAI) is without a Chairman. T...
Budget 2021: 20 tax, investing and other personal finance ideas for the Finance MinisterAs the Finance Minister and her team sit down to prepare the Union Budget, here are some ideas worth including in the Bill. Most are to tax...
RBI Policy: Analysts see room for more rate cuts to boost economyHere’s how Dalal Street experts and economists reacted to the RBI policy outcome.
Retail brands seek help from social media influencers to connect better with local crowdMany domestic & international labels are collaborating with social media stars to increase their reach.
For banks, it was a smooth ride to new tax eraLife and non-life premiums would involve an increase in taxes from 15 per cent to 18%
GST rollout: Key changes to IT systems by banks ensures no hiccupRecently, the Indian Banks Association had called for a meeting to check the preparedness for banks and found that they are more or less re...
You have to shell out more for insurance premiums under GST regimeFor families that own a car and pay for health and term insurance the increase in annual outgo would be close to Rs 1,000.
Airtel Q1 net profit jumps 40 per cent to Rs 1,554 croreAirtel beat expectations with a 40% jump in net in the first quarter, helped by a one-time gain from the sale of towers in Africa.
Ex Godrej man, Arumugham Mahendran turns entrepreneur with Rs 600 crore dealsMahendran is close to inking deals worth 600-900 cr, marking his return to what he loves the most- entrepreneurially building new businesse...
- New IRDA norms on motor insurance to reduce losses of insurers
IRDA's decision to implement 'declined risk pool system' for third party motor insurance is likely to reduce the losses incurred in this sp...
- Chennai B-school GLIM to establish own campus
Great Lakes Institute of Management, a B-school founded by Kellogg's Bala V Balachandran, is setting up its own campus on a 14 acre land ab...