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Not to merge insurnace arm with subsidiary: Sundaram Fin

Sundaram Finance today said it has revoked the decision taken in November to amalgamate wholly owned insurance broking arm with another subsidiary.
Without citing any reasons, the company said the

LIC to accept debit cards at cash counters

Ritu (name changed) is an LIC policyholder and stays in a rented accommodation in Delhi to pursue her career in journalism. She is not fond of using plastic money

Digital transformation can save trillions of dollars in cost

Digital transformation across industries can help save trillions of dollars in cost and consumers stand to benefit more from it provided there are policy incentives to improve societal outcomes, says

Gold will retain strategic value in 2017: WGC

Despite the current worries around a strong dollar putting pressure on gold prices, the metal will remain a strategic portfolio component in 2017 and get support from factors like heightened political and geopolitical risks, currency depreciation and rising inflation expectations, finds the World Gold Council.

Shift from unorganised to organised retail

The essence
Demonetisation has catapulted the shift from unorganised to organised retail sector in the light of the cash crunch.
While the market expected the organised retail sector to

Real estate sector will need to be formalised

Top officials of several real estate developers across the country – from Chennai to Kolkata, from Hyderabad to Pune and Mumbai to Bangalore and the National Capital Region – say

Private life insurers push premium growth in December

Post the rush to lock investments in LIC’s higher yield product till November, the individual premium growth of life insurers moderated in December. Much of the growth in December

Strong dollar set to bring relief to IT industry

For the Indian IT industry, which has been thriving and growing on the US economy’s appetite for outsourcing to save costs, the recent concerns have been the impact of automation

Mahindra MF launches Dhan Sanchay Yojana balanced fund

Mahindra Mutual Fund announced the launch of a new fund offer (NFO)— a balanced fund called “Mahindra Mutual Fund Dhan Sanchay Yojana”.
The new fund aims to generate long-term capital

Two-wheeler insurance sees traction with long-term plans

For the two-wheeler insurance sector renewals have remained a pain area. However months after introducing long-term policies insurance companies are now seeing better growth in the

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Contents In this section will be updated soon

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