insurance businesses

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 |

Anil Ambani talks of unlocking shareholder value (Roundup)

September 27th, 2011 - 8:12 pm ICT by IANS
New Delhi, Sep 27 (IANS) Unlocking share value through strategic sales in a host of subsidiaries such as telecom towers and life insurance businesses was the focus of Reliance Group ... Read more...

Posted in Business |

HSBC to cut 25,000 jobs by 2013

August 2nd, 2011 - 9:43 am ICT by IANS
London, Aug 2 (IANS) The HSBC bank will cut about 25,000 jobs globally by 2013 despite its good performance in the first half of this year, Xinhua reported.The bank reported ... Read more...

Posted in Business |

HSBC to cut another 25,000 jobs despite rise in profits

August 2nd, 2011 - 1:09 am ICT by BNO News
LONDON (BNO NEWS) -- Banking giant HSBC announced on Monday that it will eliminate up to 25,000 jobs by 2013 and exit operations in 20 countries as part of a major cost-cutting ... Read more...

Posted in Business |

Reliance Life exploring strategic equity partner among banks

July 20th, 2011 - 3:49 pm ICT by IANS
Hong Kong, July 20 (IANS) Reliance Life Insurance Company, India's largest in terms of policies sold, intends to sell strategic equity to a commercial bank and hopes to soon ... Read more...

Posted in Business |

Barack Obama Asserts His Devotion Towards Bettering The Condition Of The American Middle Class

September 4th, 2010 - 9:41 pm ICT by Sampurn Wire
Washington, September 4, 2010 (Just Flashed): American President, Barack Obama, has mentioned that a vigorous financial system in America requires lively Main Streets and a blooming middle class. The existence of these ... Read more...

Posted in World |

Keith Olbermann Special Comments On Health Care Reforms At The Countdown Show

October 9th, 2009 - 2:09 am ICT by GD
By Madhuri Dey Oct 8, (THAINDIAN NEWS) The well-known news anchor Keith Olbermann has declared to have a complete show on health care reform of the country. He had declared that the 8th ... Read more...

Posted in Entertainment |

Tax department to be consulted before changing insurance Form I

March 13th, 2009 - 4:29 pm ICT by IANS
By Venkatachari Jagannathan Chennai, March 13 (IANS) India's insurance regulator will seek the opinion of the Central Board of Direct Taxes (CBDT) before changing the format of the valuation balance sheet, or Form ... Read more...

Posted in Business |

Private life insurers to seek clarity on tax laws

February 8th, 2009 - 5:16 pm ICT by IANS
Chennai, Feb 8 (IANS) After having received notice from the Income Tax department to reopen their past tax assessments, private life insurers are likely to approach the sectoral watchdog seeking clarity on ... Read more...

Posted in Uncategorized |

Sensex snaps 7-day slide, banks recoup

September 18th, 2008 - 9:44 pm ICT by ANI
Mumbai/New Delhi, Sept 18 (ANI): The Bombay Stock Exchange (BSE) Sensex rebounded from sharp early losses on Thursday and snapped a seven-day losing streak, as domestic funds stepped in to pick ... Read more...

Posted in National |