Madras High Court withdraws mandatory 'bumper to bumper' insurance order"This court feels that the direction issued on August 4 this year in paragraph 13 may not be conducive and suitable for implementation in t...
14 Sep, 2021, 07.05 PM IST
Madras High Court withdraws its order on bumper-to-bumper insuranceThe withdrawal follows the submissions of the counsels for the Insurance Regulatory and Development Authority of India (IRDAI), General Ins...
14 Sep, 2021, 03.32 PM IST
No insurance policy to comply with Madras High Court order on 5 year bumper to bumper coverIt is learnt the industry lobby body, General Insurance Council is exploring various options including legal ones to wriggle out of the sit...
31 Aug, 2021, 03.18 PM IST
Comprehensive insurance cover may make new vehicles costlier by up to 10%As per a Madras HC landmark judgement, vehicle owners now have to purchase mandatory ‘bumper to bumper’ cover, which means that along with ...
31 Aug, 2021, 07.08 AM IST
In the wrong lane, your HonourIf the concern that a vehicle owner would not renew the insurance cover after expiry is behind the diktat for a five-year cover, it begs th...
30 Aug, 2021, 11.05 PM IST
Madras High Court order to make five year motor cover mandatory could push vehicle costs higherInsurers aren't yet sure if that would mean premium for five years being collected upfront. There is also confusion over the Court's usage ...
28 Aug, 2021, 05.31 PM IST
Madras HC's bumper-to-bumper insurance order intent laudable, can be challenged"It is patently untenable order and would not stand legal scrutiny if the vehicle makers or any other aggrieved party goes on appeal," D. V...
27 Aug, 2021, 03.47 PM IST
Make mandatory 'bumper-to-bumper' insurance: Madras High CourtThe judge was allowing a writ petition from the New India Assurance Company Limited in Avalpoondurai, challenging the orders dated December...
26 Aug, 2021, 12.48 PM IST
Banks shine as European stock market rally resumesThe pan-European STOXX 600 gained 1.2 per cent, led by a 3 per cent jump in bank stocks.
05 Jun, 2020, 01.52 PM IST
OTO raises Rs 10 crore from Prime Venture PartnersOTO has leased cars worth over Rs 10 crore; to expand to 10 cities by mid-2020.
05 Sep, 2019, 01.11 PM IST
Wall Street banks top mergers and acquisition deal tableBanking on the $12.5 billion acquisition of Essar Oil’s assets by Roseneft, JM Financial and Arpwood Capital made into the top positions of...
04 Jan, 2018, 09.09 AM IST
New India Assurance IPO sees bumper start; subscribed 85% within 2 hoursRIIs and qualified employees will get a price discount of Rs 30 per share each.
01 Nov, 2017, 12.27 PM IST
Agriculture must attract youth, loan waivers no remedy: MS SwaminathanSwaminathan also pitched for including pulses under the National Food Security Act (NFSA) to deal with the issue of deficiency of protein a...
05 Sep, 2017, 07.06 PM IST
Farm loan waiver 'temporarily necessary', says MS SwaminathanUttar Pradesh and Maharashtra governments have announced farm loan waivers, while farmers are demanding the same in Madhya Pradesh.
13 Jun, 2017, 10.35 PM IST
BJP keeps fingers crossed as farmers grow impatientWhile Madhya Pradesh focused on increasing agriculture growth, it failed to see that there was also a need to alleviate the suffering of fa...
09 Jun, 2017, 12.08 AM IST
- HDFC Standard Life's new child ULIP - Youngstar Super
Cashing in on parents’ desire of providing for their children’s education, life insurers have been actively promoting child ULIPs. Recently...
19 Nov, 2009, 03.15 AM IST
- Subsidised sugar sale to BPL families to continue
The government on Friday said it has not taken any decision to do away with the necessity of selling sugar by industry to below poverty lin...
04 May, 2007, 04.30 PM IST