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Tech Mahindra acquires Com Tec, invests in two insurtech platformsTech Mahindra says the acquisition will help expand its offerings to high-end digital engineering services for some of the largest insuranc...- Tech Mahindra Acquires Com Tec Co IT Ltd and invests in two InsurTech platformsTech Mahindra said the acquisition will enable the company to tap the potential industry disruption in the insurance sector.
- Hero MotoCorp launches buyback scheme for scootersThe company sells a range of scooters, including Pleasure and Destiny.
- View: China's insurers don't know their own risksAspiring Chinese Buffetts must pay heed to the Oracle of Omaha's investment philosophy.
- NIC raises Rs 893 cr via bond route to meet solvency margin before IPOThe 10-year paper, with call at five, offers 8.35% and enjoys AAA and AA+ ratings.
- Murthy-backed Coverfox eyes gen insuranceAcko is one of the four applications filed with the Insurance Regulatory and Development Authority to set up general insurance company
- Ban on high value currency: Insurers, mutual funds have a lot to thank Narendra Modi forPremium collection of life insurance companies has more than doubled in November while investment in mutual funds grew by a three-fourth.
- Niti Aayog for private cars to pool as taxisTraditional taxi operators are even against allowing taxi aggregators to attach vehicles that have All India Tourist Permit (AITP).
- In Gujarat, a rise in fraud claims means you pay more for insuranceThe claim ratio -claim paid by a company divided by total premium collected -is at about 130-140% for Gujarat, while it is 60-70% for the r...
- Time has come to treat all pension products equallyInvestors are confused now because there is no taxation parity between competing pension products
- Veteran dealmaker Bandyopadhyay buys into brokerage, invests in startupsBandyopadhyay has also bought 50% each in two startups -BimaDirect.Com and DiningPlus -for approximately Rs 43 crore.
- Should you invest in ELSS or Ulip to save tax?While ELSS is a pure investment product, an Ulip’s primary objective is not to give investment returns but to offer insurance cover.
- Cyclone Hudhud may leave crop insurance claims worth Rs 1,500 crore in its wakeThe two states were hit by a similar storm a year earlier. Cyclone Phailin in 2013 had also cost Rs 1,500 crore to insurers.
- Together we grow: Financial inclusionThe committee on financial inclusion set up by the prime minister held its first meeting on Wednesday. The UPA government’s development str...
- France to tax banks for bonus above $40kFinance Minister Christine Lagarde said France will impose a 50 per cent tax on banks for bonuses paid out in 2010 that exceed 27,500 euros...
- IRDA seeks info on fees paid to banksInsurance regulator IRDA has directed insurance firms to provide information on the commission paid to banks which sell insurance products.
- First-party car cover to undergo major changesHow many times did you miss your car while it is being fixed at a garage? You may soon get another car for the period the vehicle is unavai...
- Reliance Capital plans stock-purchase optionAnil Ambani-promoted Reliance Capital is planning a stock purchase plan for all its employees and intermediaries (agents) shortly, accordin...
- Specialty health insurers seek nod for India entryWith health insurance expected to grow 50% annually, several spe-cialised health insurance companies are waiting to launch business in India
- Holding cos will bloom, minus DDT sprayOne of the biggest hurdles for the creation of holding companies in India has been the presence of dividend distribution tax(DDT).
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