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Bharti AXA to infuse Rs.200 crore additional capital in 2012


March 5th, 2012 - 5:55 pm ICT by IANS
Kolkata, March 5 (IANS) Private sector insurer Bharti AXA General Insurance is looking at an additional Rs.200 crore capital infusion this calendar year to fund its expansion plans, a top ... Read more...

Posted in Business |

RIL calls off acquisition of Bharti AXA


November 25th, 2011 - 8:43 pm ICT by IANS
Mumbai, Nov 25 (IANS) Mukesh Ambani led-Reliance Industries (RIL) Friday said it has called off the proposed acquisition of Bharti Group's 74 percent stake in Bharti AXA insurance companies.Bharti Enterprises, ... Read more...

Posted in Business |

Naming of RIL’s insurance venture will be interesting


June 11th, 2011 - 2:48 pm ICT by IANS
Chennai, June 11 (IANS) With Reliance Industries buying out Bharti Enterprises' 74 percent stakes in two insurance joint ventures -- Bharti Axa Life Insurance and Bharti Axa General Insurance, the ... Read more...

Posted in Business |

Bharti to exit from financial services joint venture with AXA


June 10th, 2011 - 11:53 pm ICT by IANS
New Delhi, June 10 (IANS) Bharti Enterprises, a subsidiary of Bharti Group, Friday said it had decided to sell its entire stake in the life and general insurance subsidiary France's ... Read more...

Posted in Business |

Bharti Axa Life to launch two new products


March 10th, 2011 - 6:29 pm ICT by IANS
Chennai, March 10 (IANS) Private life insurer Bharti Axa Life Insurance will soon launch two new products, one a traditional participating retirement plan and the other a child protection plan, ... Read more...

Posted in Uncategorized |

Bharti Axa hopeful of signing a bancassurance deal in 2011


November 30th, 2010 - 7:08 pm ICT by IANS
Chennai, Nov 30 (IANS) The Bangalore based private non-life insurer Bharti Axa General Insurance Company Ltd is planning to increase its presence in tier II and III cities next year and also ... Read more...

Posted in Business |

Axa Assistance expanding service portfolio in India


November 19th, 2010 - 9:41 pm ICT by IANS
Chennai, Nov 19 (IANS) Assistance services company Axa Assistance India is hoping to tie up with public sector non-life insurers to act as their healthcare claims processing agency even as it is ... Read more...

Posted in Business |

Frenchman who ‘heard Diana’s dying words’ exposed as a common thief


November 2nd, 2010 - 2:15 pm ICT by ANI
London, Nov 02 (ANI): A Frenchman who allegedly heard Princess Diana's dying words and gave evidence in court as a key witness has been exposed as a career criminal.Abdelatif Redjil, 54, ... Read more...

Posted in World |

IRDA bans universal life products


October 21st, 2010 - 11:09 pm ICT by IANS
Chennai, Oct 21 (IANS) In yet another policy holder-friendly move, the Insurance Regulatory and Development Authority (IRDA) Thursday banned the sale of universal life products from Oct 22, 2010.The universal life product ... Read more...

Posted in Business |

IRDA fines two Bharti Axa insurance companies


August 27th, 2010 - 12:15 am ICT by IANS
Chennai, Aug 26 (IANS) The Insurance Regulatory and Development Authority (IRDA) Thursday fined the life and non-life insurance companies promoted by Bharti Axa combine for violation licensing norms after changes in the ... Read more...

Posted in Business |

IRDA adopts tough standards for approving new ULIPs


August 25th, 2010 - 7:00 pm ICT by IANS
Chennai, Aug 25 (IANS) The Insurance Regulatory and Development Authority (IRDA) is going through the new unit-linked insurance plans (ULIPs) filed for approval with a fine comb so that it is not ... Read more...

Posted in Business |

Rajan Bharti Mittal is new FICCI president


February 27th, 2010 - 4:32 pm ICT by IANS
New Delhi, Feb 27 (IANS) Rajan Bharti Mittal, vice chairman and managing director of Bharti Enterprises, Saturday took over as the president of Federation of Indian Chambers of Commerce and Industry ... Read more...

Posted in Business |

Bharti Axa launches add-on covers for cars


December 10th, 2009 - 7:30 pm ICT by IANS
Chandigarh, Dec 10 (IANS) Private insurer Bharti Axa General Insurance Thursday launched enhanced protection covers for cars to boost its premium earnings from the motor vehicle portfolio. "Currently our overall motor insurance accounts ... Read more...

Posted in Business |

Bharti Axa General resets its business focus on villages


October 8th, 2009 - 9:23 pm ICT by IANS
Chennai, Oct 8 (IANS) Private non-life insurer Bharti Axa General Insurance Company Ltd has decided to focus on personal lines of business, targeting people in rural and semi-urban areas, instead of its ... Read more...

Posted in Business |

Brit victim of Mumbai terror attack faces three million pound medical bill


August 14th, 2009 - 7:31 pm ICT by ANI
London, Aug.14 (ANI): A Britisher, who was a victim of last year's Mumbai terror attacks, faces the prospect of paying three million pounds in medical expenses.According to The Telegraph, 29-year-old Will Pike, ... Read more...

Posted in World |

Up to $750 mn in damages in Air France crash


June 13th, 2009 - 4:51 am ICT by IANS
Paris, June 13 (DPA) Family members of the 216 passengers on board the ill-fated Air France Flight 447 could claim hundreds of millions of dollars in damages in the near future for ... Read more...

Posted in World |

Bharti Axa plans to strengthen branches, expand business


June 5th, 2009 - 9:32 pm ICT by IANS
Chennai, June 5 (IANS) The promoters of private life insurer Bharti Axa Life Insurance will infuse Rs.100 crore in the next quarter to strengthen the company's branches and expand business so that ... Read more...

Posted in Business |

Two insurance firms fined by regulator


April 11th, 2008 - 3:33 pm ICT by admin
Chennai, April 11 (IANS) Shriram Life Insurance Company Ltd and New India Assurance Company Ltd have been fined Rs.500,000 each by the Insurance Regulatory and Development Authority (IRDA) for not complying with ... Read more...

Posted in Business |

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