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COMPULSORY BUNDLING
RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...- RBI’s crackdown on mis-selling: What customers need to knowTighter regulations on banks’ advertising, sales and marketing practices aim to curb the mis-selling of financial products such as insuranc...
- 100% refund for mis-sold financial products and crackdown on dark patterns: How RBI’s new draft can benefit customersThe Reserve Bank of India is implementing stricter regulations against financial institutions for mis-selling products. New draft direction...
- Google Settles Android TV Case with CCI for Rs 20.24 croreGoogle has settled with the Competition Commission of India (CCI) for ₹20.24 crore over alleged antitrust violations in the Android Smart T...
- Provide insurance cover to staff travelling in employers' vehicle: Irdai tells insurersInsurance Regulatory and Development Authority of India (Irdai) further said the compulsory cover of IMT-29 should be provided as an in-bui...
- How new vehicle owners can buy, renew 1-year own damage cover with long term third-party insuranceWith the new guidelines issued by IRDAI, one will now get the flexibility to buy these two insurance covers separately, either from the sam...
- 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 ...
- Govt to make purchase of bio-fertilisers compulsory with urea to reduce use of chemicalsA task force constituted for promoting balanced and sustainable use of chemical fertilisers has suggested bundling bio-fertiliser with urea...
- Sony cuts television prices up to 20% to spur demand during Covid-19The company has cut prices anywhere from Rs 2,000 on the smaller screen televisions going up to Rs two lakh on a flagship 85-inch model apa...
- IRDAI proposals gives clarity on renewing own damage motor insurance policyAccording to the latest draft proposal issued by the insurance regulator on Monday, standalone OD cover may be allowed where long-term liab...
- Insurers to make available standalone 'own damage' motor policy from September 1Consequently, the issuance of bundled policies for cars and two-wheelers will not be compulsory from September 1, the Insurance Regulatory ...
- From Jan 1, IRDAI allows unbundling of compulsory personal accident cover in motor policiesEffective January 1, on expiry of a bundled CPA cover, it may be replaced with a stand-alone CPA cover and the same may be taken from any g...
- Long-term third party insurance: How will it impact youWhile the move will ensure compliance, the cost component will be steep for new vehicle buyers.
- Apple posts all-time record revenue in IndiaCEO Tim Cook added the impact of demonetisation has not worked its way and the company continues to place its long term bet in India.
- Apple wants retailers to dote on all its ‘i’sThe researcher estimates the company captured the tenth position in the smartphone rankings during the last quarter but led the premium seg...
- You may soon be auto enrolled in Atal Pension YojanaWith a view to increase pension coverage in the country, there could be a 'soft compulsion' for employees to join the scheme.
- Power ministry, regulators contemplate ways to develop renewable energyPower Minister Piyush Goyal said at a recent meeting with electricity regulators that the government wants to develop clean energy.
- Pension schemes to carry health cover tooThe health cover will replace or complement the compulsory life cover that insurers have to offer.
- UTStarcom eyes 10 pc of global revenue from IndiaUTStarcom expects more deals in India and hopes to generate 10 per cent of its total global revenue from the country in the next 2-3 years.
- UTStarcom eyes 10% of global revenue from IndiaUS-based UTStarcom, which had recently bagged two IPTV deals Bharti Airtel and MTNL, expects more deals for triple-play services in India.
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