Tuesday, Jan 26, 2021 | Last Update : 08:28 PM IST

Madhusudan Sahoo Page-5

The government has not yet interviewed for the post by its selection panel — Public Enterprise Selection Board (PESB).

HPCL ignores ONGC as promoters again

As far as the existing vacancies are concerned in HPCL, the director (finance) has been lying vacant after J Ramaswamy retired on February 28.

22 Apr 2019 1:33 AM

Even in the global air crashes, it leads to an increase in the premium payable by the airline.

Jet Airways closure to affect PSU insurers

As far as the losses of these insurers are concerned, pricing factor in aviation space plays a key role for these insurers.

20 Apr 2019 12:58 AM

Since the premium rates haven’t gone up, the insurers may cut down on discounts to offset the revenue loss.

Non-life insurers rue non-revision of premium

The motor segment is the largest portfolio for the general insurance business.

16 Apr 2019 3:02 AM

‘Power has shifted from brands to consumers’

A sought-after person in the advertising filed, Thapliyal has been a brand custodian of brands like Voltas, Schnider Electricals and Hewlett Packard.

12 Apr 2019 1:58 AM

The rating agency expects that LICI could benefit from support from LIC to replenish its capital base.

LIC Bahrain ops downgraded

As LICI is an offshore subsidiary of LIC of India, AM Best has placed these credit ratings concurrently under review with negative implications.

09 Apr 2019 1:37 AM

ICICI Prudential Mutual Fund has launched a new fund offer (NFO).

Consumption Fund from ICICI Prudential Mutual Fund

ICICI Prudential Bharat Consumption Fund, an open-ended equity scheme following the consumption theme.

28 Mar 2019 2:28 AM

The piling-up of unsold ire ore inventories in Karnataka has the state's miners and mine-dependent people worried.

Huge inventories vex Karnataka iron ore miners

Karnataka is the only state to witness high import during FY19 despite having availability of enough material domestically.

27 Mar 2019 1:22 AM

New modes of lending, fund raising on cards

In this context, Governor Shaktikanta Das said he would meet the heads of payments bank this week.

26 Mar 2019 1:46 AM

As LIC has been maintaining a huge balance sheet of Rs 29.67 lakh crore, each MD looks after one particular segment, be it products, investments or sales. (File Photo)

LIC top posts may stay vacant

Also, the largest life insurer has to look after recently bought IDBI Bank where LIC is the largest shareholder.

26 Mar 2019 1:41 AM

Etihad has reportedly approached SBI to purchase its 24 per cent stake in the airline.

SBI hopeful of Jet Air resolution this month

Naresh Goyal, Chairman, currently holds 51 per cent stake in Jet Airways, while Abu Dhabi-based Etihad Airways has a 24 per cent stake.

23 Mar 2019 1:58 AM

New Goa government keen to resume mining

Even former CM had written to the central govt for the same demand we are making now.

20 Mar 2019 2:25 AM

Among different classes, according to MFI Explorer, debt and hybrid funds have displayed steady growth ever since 2003.

Asset allocation key to wealth generation

The equity market tends to perform well in expansionary economies whereas government securities generally perform well in contracting economies.

19 Mar 2019 2:12 AM

ccording to the latest Indian General Insurance Update-2018-19, Bajaj Allianz registered 17 per cent premium growth to Rs 10,038 crore in April-February 2018-19 from Rs 8,599 crore at the same time last year. (Representational Image)

Bajaj Allianz joins Rs10,000-crore club

The current data, however, shows that the businesses are on the track, the official said.

16 Mar 2019 1:29 AM

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Tactical investment beats volatility

An important step in building a successful portfolio is to divide capital among different classes of assets, he said.

08 Mar 2019 7:01 AM

The insurer launched a bancassurance business scheme on March 1, in partnership with the bank, targeting a premium mop-up of Rs 200 crore by March 31 in the current financial year (FY19) and Rs 1,000 crore in the fifth year.

LIC forces IDBI Bank staff to buy insurance policies

By the end of the day, the number of policies sold crossed 18,000.

07 Mar 2019 1:17 AM

Now an effective GST rate of 5% will be applicable on the value of a non-affordable under-construction property, and not 18% on two-thirds of its value, as before.

Builders may pass on input tax to buyers

Affordable home prices may be raised by 2-3%.

05 Mar 2019 2:35 AM

Centre says EC bars don’t apply to existing schemes.

Farmers may get Rs 2,000 cr more before elections

Second tranche to be released between April-end and early May this year.

02 Mar 2019 2:13 AM

All working professionals in the age group between 22 and 50 have reason to cheer, as they have to pay less premium in the coming fiscal starting from April 1, 2019.

Life insurance to cost less as mortality rate declines

With a significant fall in the mortality rate in India, the cost of life insurance premiums is set to come down to a comfortable level.

01 Mar 2019 3:04 AM

In all the orders, Sebi had used observations of various authorities.

Sebi’s not ‘fit and proper’ norm applies to all 300

The Sebi order, however, considers NSEL’s conduct so heinous that any association with it makes one not fit and proper.

28 Feb 2019 1:05 AM

A top IRDAI source told Financial Chronicle that the meeting was held in Hyderabad on February 19 and it was attended by 26 chairmen of both life and non-life insurance companies.

Insurers asked to focus on governance

The high-level meeting was the first of its kind.

22 Feb 2019 1:48 AM

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Shikha Mukerjee