insurance companies

SBI favours phasing out of CRR


August 23rd, 2012 - 5:16 pm ICT by IANS
Kolkata, Aug 23 (IANS) The country's largest public sector lender State Bank of India has strongly proposed phasing out of Cash Reserve Ratio (CRR) from the banking system, its ... Read more...

Posted in Business |

Reliance Life Insurance in talk with banks for tie-up


August 19th, 2012 - 5:52 pm ICT by IANS
Bangkok, Aug 19 (IANS) The Reliance Life Insurance Company, a unit of the Anil Ambani-led Reliance Capital, is in talks with several public and private sector banks to utilise ... Read more...

Posted in Business |

IRDA plans guidelines to regulate micro-insurance


July 6th, 2012 - 9:53 pm ICT by IANS
Kolkata, July 6 (IANS) India's Insurance Regulatory and Development Authority (IRDA) Friday said it is planning to come out with guidelines for the micro-insurance segment in the country to ensure ... Read more...

Posted in Business |

China’s financial supervision sound: IMF


April 6th, 2012 - 2:04 pm ICT by IANS
Washington, April 6 (IANS) China's financial supervision has made significant progress but more efforts are needed to meet challenges ahead, the International Monetary Fund (IMF) said."Regulation and supervision of China's ... Read more...

Posted in Business |

US Senate defeats birth control amendment


March 2nd, 2012 - 1:32 am ICT by IANS
Washington, March 2 (IANS) The Democratic controlled US Senate Thursday defeated a Republican sponsored amendment to turn back parts of President Barack Obama's healthcare reform.The amendment, introduced by Republican ... Read more...

Posted in Politics |

Trade union strike: Normal life hit in Odisha


February 28th, 2012 - 1:36 pm ICT by IANS
Bhubaneswar, Feb 28 (IANS) Normal life was disrupted across Odisha Tuesday as a large number of vehicles went off the roads and movement of several trains and private transport was ... Read more...

Posted in Business |

Banks, insurance companies shut in Himachal


February 28th, 2012 - 12:46 pm ICT by IANS
Shimla, Feb 28 (IANS) Banks and commercial establishments were closed in parts of Himachal Pradesh Tuesday after trade unions of central government employees joined the nationwide strike to protest violation ... Read more...

Posted in Uncategorized |

Three private firms’ directors booked for fraud


February 28th, 2012 - 12:56 am ICT by IANS
New Delhi, Feb 27 (IANS) Directors of two companies based in Haryana's Sonepat and one in the union territory of Daman have been booked for fraudulently causing loss to insurance ... Read more...

Posted in Uncategorized |

A royal scratch that would cost her $29,800


February 8th, 2012 - 1:36 pm ICT by IANS
Beijing, Feb 8 (IANS) That's a scratch that will cost her dear, and she feared much more. But a woman in China is "relieved" she would have to pay only ... Read more...

Posted in Health Science |

Regency Ceramics declares lockout at Yanam unit


February 1st, 2012 - 2:13 pm ICT by IANS
Hyderabad, Feb 1 (IANS) Floor tiles major Regency Ceramics Ltd Wednesday declared a lockout at its unit in Yanam, Puducherry, which was burnt down during last week's labour unrest.A three-page ... Read more...

Posted in Business |

Sebi raises minimum level for portfolio investments


January 28th, 2012 - 8:39 pm ICT by IANS
New Delhi, Jan 28 (IANS) The Securities and Exchange Board of India (Sebi) Saturday hiked the minimum investment level under portfolio management schemes to Rs.25 lakh from the current level ... Read more...

Posted in Business |

Indian Angel Network to invest Rs.3.25 crore in Peel-Works


January 27th, 2012 - 5:33 pm ICT by IANS
New Delhi, Jan 27 (IANS) Venture capital firm Indian Angel Network (IAN) Friday said it will invest up to Rs.3.25 crore in Peel-Works, a sales manpower transformation and business process ... Read more...

Posted in Business |

Haryana wants all businesses registered by Jan 31


January 16th, 2012 - 8:27 pm ICT by IANS
Chandigarh, Jan 16 (IANS) From tyre puncture repair shops to halwais (sweets shops) to mobile shops and hotels, everyone running commercial establishments in Haryana will have to get themselves registered ... Read more...

Posted in Business |

China gets $226 bn in insurance premium in 2011


January 8th, 2012 - 5:05 am ICT by IANS
Beijing, Jan 8 (IANS) Insurance companies in China reaped around 1.43 trillion yuan ($226 billion) in premium amounts last year, a statement said.The total premium was up 10.4 percent year-on-year, ... Read more...

Posted in World |

Insurance firms might find draft bancassurance guidelines difficult


January 3rd, 2012 - 10:53 pm ICT by IANS
Kolkata, Jan 3 (IANS) The draft guidelines on bancassurance by the Insurance Regulatory Development Authority (IRDA) may turn out to be difficult for a few insurance companies in the country, ... 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 |

Indian software firm awarded for innovative product


November 18th, 2011 - 8:04 pm ICT by IANS
New Delhi, Nov 18 (IANS) An Indian information technology (IT) firm RMSI has been given the 'Technology Initiative of the Year' award by the Asian insurance industry for providing a ... Read more...

Posted in Sci-Tech |

Owners killing their pets to get insurance payout


November 14th, 2011 - 10:08 pm ICT by Aishwarya Bhatt
London, Nov 14 (THAINDIAN NEWS) UK pet insures are losing huge sums due to fraudulent claims. The officials say some pet owners are even killing their own animals just to make the ... Read more...

Posted in World News |

Cambodia establishes first life insurance firm


August 14th, 2011 - 12:42 pm ICT by IANS
Phnom Penh, Aug 14 (IANS) The Cambodian government has joined hands with four foreign companies to establish the country's first ever life insurance firm.Currently, Cambodia has six insurance companies and ... Read more...

Posted in Business |

Railways running without insurance cover


August 4th, 2011 - 7:23 pm ICT by IANS
New Delhi, Aug 4 (IANS) Despite a spate of fatal accidents and injuries to passengers in recent years, the railways have been running without an insurance cover since September 2008 ... Read more...

Posted in Business |

Housing loan demand may fall: NHB chairman


July 27th, 2011 - 5:57 pm ICT by IANS
Kolkata, July 27 (IANS) The demand for housing loans may come down with key rates of the Reserve Bank of India (RBI) going up by 50 basis points, National Housing ... Read more...

Posted in Uncategorized |

Air India to pay Rs.75 lakh to kin of Mangalore crash (Lead)


July 20th, 2011 - 4:55 pm ICT by IANS
Kochi, July 20 (IANS) The Kerala High Court Wednesday told Air India to pay Rs.75 lakh as compensation to the families of each of the 158 people who died in ... Read more...

Posted in Business |

Pregnancy clause: Film frat divided on the issue


July 7th, 2011 - 2:40 pm ICT by IANS
Mumbai, July 7 (IANS) The stalling of Madhur Bhandarkar's "Heroine" after it became known that lead actress Aishwarya Rai was expecting has stoked a debate on introducing a pregnancy ... Read more...

Posted in Entertainment |

Indian insurers don’t have database for Solvency II: Regulator


June 23rd, 2011 - 7:07 pm ICT by IANS
Kolkata, June 23 (IANS) The Indian insurance industry does not have the statistical database to adopt Solvency II - new rules likely to change the way insurance companies keep aside ... 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 |

Government offers free vocational coaching to minority students


April 27th, 2011 - 2:59 pm ICT by IANS
New Delhi, April 27 (IANS) The government is offering students from minority communities free coaching for admission in various technical and professional courses like IT and business management.The other ... Read more...

Posted in Uncategorized |

Punjab approves cash-less insurance for police


March 21st, 2011 - 7:22 pm ICT by IANS
Chandigarh, March 21 (IANS) In a move that will benefit over 70,000 personnel of Punjab Police, the state government has approved a cash-less insurance scheme for them that will include ... Read more...

Posted in Uncategorized |

Bale stopped from doing own stunts in ‘The Fighter’


January 19th, 2011 - 5:33 am ICT by IANS
London, Jan 19 (IANS) Acclaimed British actor Christian Bale, who walked away with the Golden Globe award for best supporting actor, says he wanted to do his own stunts during the ... Read more...

Posted in Entertainment |

‘Government needs to incentivise health insurance’


January 7th, 2011 - 10:19 pm ICT by IANS
New Delhi, Jan 7 (IANS) The government should incentivise health insurance, especially for low-income people, to ensure good health for all, a senior industry official said here Friday. "Everyone should have access ... Read more...

Posted in Business |

Are you paying too much for your car insurance?


December 23rd, 2010 - 8:55 pm ICT by Aishwarya Bhatt
New York, Dec 23 (THAINDIAN NEWS) Insurance is very vital to ensure that whatever happens, you will still be driving later.However insurance payments can also be very tricky. If you have no ... Read more...

Posted in World News |

Norwegian reindeer fitted with reflectors to avoid car crashes


December 23rd, 2010 - 5:25 pm ICT by ANI
London, Dec 23 (ANI): In an effort to protect them from getting hit by cars, Norway's 200,000 reindeer are being fitted with reflectors.Every year several people are injured and around 500 ... Read more...

Posted in World |

Criminals targeting homes, people, thanks to Facecrook


December 20th, 2010 - 2:50 pm ICT by IANS
London, Dec 20 (IANS) When Kai Leighton was born with a life-threatening heart defect, his parents kept their kins and friends updated on Facebook for five weeks till the succesful surgery. ... Read more...

Posted in Sci-Tech |

Expansive health insurance announced for Goan families


December 17th, 2010 - 7:01 pm ICT by IANS
Panaji, Dec 17 (IANS) Chief Minister Digambar Kamat here Friday announced a universal health scheme under which every family in Goa will be covered for first and secondary health aid up to ... Read more...

Posted in Health |

Instant test to detect Alzheimer’s being developed


November 12th, 2010 - 12:24 pm ICT by IANS
London, Nov 12 (IANS) A 30-second test to spot the signs of Alzheimer's in those in their 40s is being developed by scientists.The simple procedure, which warns of the debilitating disease decades ... Read more...

Posted in Health |

Vehicle thieves’ gang busted in Punjab, 6 held


November 9th, 2010 - 3:29 pm ICT by IANS
Mohali, Nov 9 (IANS) Punjab Police Tuesday claimed to have busted an inter-state gang of vehicle thieves with the arrest of six people and recovery of 15 cars from their possession ... Read more...

Posted in Uncategorized |

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