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16 January, 2019 6:47 AM Indiabulls Integrated locked in 5% upper circuit on R1 acceptance from IRDA for life insurance biz

Company is in the process to move ahead with the next step of filing its application for registration (R2) with IRDAI to undertake life insurance business in India. Indiabulls Integrated Services shares were locked in 5 percent upper circuit at Rs 332.05 on Wednesday after receiving R1 acceptance from the insurance regulator for its life insurance business 662

13 January, 2019 12:59 PM Heart Transplant Performed Under Tamil Nadu's Health Insurance Scheme

A 26-year-old man, whose heart was functioning just 15 per cent, got a new lease of life after a heart transplant at a city hospital under the Tamil Nadu Chief Minister's Comprehensive Health Insurance Scheme. After studying his health condition, cardiologists Prashant Vaijyanath and Sureshkumar decided that heart transplant would be the only permanent 197

11 January, 2019 3:13 PM New life premium mop-up inches up 2.41% in December

New business premium collection by the life insurance industry has grown 2.41 percent to Rs 1.41 trillion as of December, show the data released by the apex industry body. The industry collected Rs 1,41,584 crore as against Rs 1,38,253 crore last year, the Life Insurance Council said in a statement. The individual new business booked was Rs 63,356 crore 79

10 January, 2019 12:10 PM You pay, we won't: Mamata Banerjee's big no to PM Modi's Ayushman Bharat fund

The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana scheme was launched by PM Modi in September last year. Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday clearly said that her state will not contribute any fund for the Ayushman Bharat scheme. If the Centre wants to run the scheme it will have to pay the full amount. "My state will not contribute 188

9 January, 2019 3:18 AM IL&FS Crisis: Lenders Asked To Classify Loans To Firm As Non-Performing, Says Report

In October, the government took control of IL&FS, after a string of defaults on debt obligations by the company spooked domestic markets. The Reserve Bank of India (RBI) has asked lenders of Infrastructure Leasing and Financial Services (IL&FS) to classify loans extended to the bankrupt shadow banking firm as non-performing, two sources with direct knowledge 180

8 January, 2019 7:58 AM Irish PM says EU willing to give UK assurances over Irish Brexit backstop

Theresa May pulled a parliamentary vote on her deal last month after admitting it would be rejected by lawmakers, many unhappy with the backstop. Ireland's Prime Minister Leo Varadkar has said the European Union is willing to give Britain reassurances about the Irish backstop before British lawmakers vote on Prime Minister Theresa May's Brexit deal next week, the Irish 143

7 January, 2019 6:26 PM Jewels Worth Rs 1 Crore Looted On Tamil Nadu Highway

Gold and silver jewels, valued at Rs 98.05 lakh, belonging to Kalyan Jewellers, were being transported from Kerala by two employees of the firm when robbery took place In a daring daylight highway heist, a 10-member gang drove away a car with nearly Rs one crore worth ornaments of a Kerala-based jewellery after waylaying the vehicle, the police said. The gold and silver 132

2 January, 2019 3:54 PM Bharti AXA Life uses WhatsApp to deliver policy, renewal premium

Private sector insurer Bharti AXA Life Insurance said it has started delivering policies and renewal premium receipt to customers via instant messaging platform WhatsApp. It is a part of its alternative service option to the policy holders, Bharti AXA Life Insurance said in a statement. Bharti AXA Life Insurance, a joint venture between Bharti Enterprises 127

27 December, 2018 4:28 PM HDFC group surpasses Tatas in m-cap

Financial services conglomerate HDFC group has become the most valuable business house in the country, surpassing Tatas, with the cumulative market valuation of its five listed companies surging Rs 10.40 lakh crore. At close of trade on December 27, the combined market valuation of five HDFC group firms stood at Rs 10,40,689.89 crore on BSE. HDFC Bank with a market 132

22 December, 2018 12:54 PM Few Turn Out For French "Yellow Vest" Protests, Driver Dies At Road Block

Several demonstrations were expected across France on Saturday, including a march in the formal royal city of Versailles. A man died in southern France on Friday when his car hit a truck at a road block erected by "Yellow Vest" protesters, raising the death toll linked to the anti-government demonstrations to 10, the authorities said on Saturday 86