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FM Nirmala Sitharaman comments on Adani row, says regulators will take own actions"It'll be regulators who'll do their job. RBI made statement, prior to that banks, LIC came out & told about their exposure (to Adani group...- Bengal FM Amit Mitra writes to Nirmala Sitharaman against privatisation of insurance companiesThe government plans to privatise public general insurer United India Insurance Company in the first instance as well as sell-off Life Insu...
- LIC IPO process has begun, all structures put in place, says MDThere is a hugely positive sentiment in the market. Despite the large size, the LIC IPO may be hugely oversubscribed, says Vipin Anand.
- LIC new business premium crosses Rs 1.5 lakh-crore-mark, income soars 18%The Corporation's total income grew by 17.79 per cent to Rs 2,97,017.28 crore as of September 2019 from Rs 2,52,149.60 crore a year ago, ch...
- Demonetisation's black and white story plays out on Delhi's outskirtsBankers are now reaching out to residents of this capacious village hugging Gurugam in their efforts to raise digital awareness and thwart ...
- Insurance bill in Rajya Sabha after heated debate on technicalitiesThe Insurance Laws (Amendment) Bill, 2015 was introduced after Deputy Chairman P J Kurien ruled that the new bill, as passed by LS, could b...
- Banks open 10.3 cr Jan Dhan accounts, issue 7.28 cr RuPay cardsBanks have achieved the target set by the government to open 10 cr accounts under Pradhan Mantri Jan Dhan Yojana (PMJDY) a month before the...
- LIC favours raising FDI cap in insurance sector to 49 per centLIC has lent its support to government's proposal of raising the FDI limit in the sector to 49 per cent, a move criticised by a section.
- Insurance Bill: LIC, other insurers make presentations before Parliament select panelThe 15-member panel headed by the senior BJP leader also recorded "oral evidence" of representatives of General Insurance Council.
- LIC to stop selling 14 life insurance policiesCountry's insurance giant Life Insurance Corporation has decided to stop selling as many as 14 policies, including Jeevan Mitra and Anmol J...
- Q&A: InsuranceIrda has directed insurance companies that they cannot reject claims on technical grounds, such as delay in intimation and submission of do...
- LIC to acquire 5% stake in Dena Bank by preferential shares allotmentDena Bank has announced a 5% dilution of equity in favour of Life Insurance Corporation by way of allotment of preferential shares.
- Dena Bank posts 20% jump in net profitDena Bank profits rose 20% to Rs 186.6 crore in third quarter ending December 2011 and it announced dilution of equity in favour of Life In...
- CBI clears Vijayan in corruption caseClean chit gives him another shot at LIC top job after being denied extension in May.
- Vijayan may be back in race for LIC top jobVijayan, who stepped down as chairman LIC could be back in the reckoning for the top job at the country's largest investment institution.
- Query Corner: InsuranceOur expert (PANKAJ MATHPAL CFP, Managing Director, Optima Money Managers) guides you in matters relating to insurance. Email to etqueryins@...
- Query corner: InsuranceOur expert guides you in matters relating to insurance.
- IT dept to look into loan bribery case: FinminThe government today said the income tax department would look into the tax issues relating to the housing loan scam racket.
- Insurance claim? Get your commas rightInsurance firm tries to dodge paying amount to accident victim, says one comma in policy meant he was not eligible for claim. Thumb rules o...
- India Inc shines on civilian honour rollsAs against Padma Vibhushan, businessmen have figured more frequently among the list of awardees of Padma Bhushan.
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