Canbank, HSBC & OBC float JV Another life insurance company is born, the 17th one to be precise. Canara Bank, HSBC Insurance (Asia-Pacific) Holdings and Oriental Bank of Commerce, on Saturday, signed a formal agreement in Bangalore to jointly establish a life insurance company in India.
Life Insurance premia set to double: study India Insurance 2012: Fortune Favours the Bold, has stated that total life insurance premium market could grow from US$40 billion at present to US$80-100 billion by 2012, an annual growth of 19 per cent to 23 per cent in new business Annual Premium Equivalent (APE) during 2007-2012.
IT department moves SC against Infy The Income Tax department, on Monday, moved the Supreme Court challenging the Karnataka High Court order holding that IT major Infosys Technologies was not liable to deduct tax at source on employees stock option plan.
BHEL in energy tie-up with NTPC Bharat Heavy Electricals Limited (BHEL), on Monday, tied up with National Thermal Power Corporation (NTPC), to form a Joint Venture company (JV) to carry out multifarious activities in the booming energy sector ...
THE MARKET YESTERDAY:SENSEX 15,597 (UP 6) NIFTY 4,508 (DOWN 2)
Sensex recovers from red; ends flat Discounting negative global factors, the stock markets on Monday bounced from their initial lows and ended in black, showing strong resilience on the back of a robust economic growth and low inflation...
Mexican President Felipe Calderon (C), Union Commerce Minister Kamal Nath and Mexican Economy Minister Eduardo Sojo (R), during a meeting with Indian and Mexican business representatives in New Delhi on Monday. PTI
The power game in Karnataka is headed for a climax. In October, the credibility of JD(S) will be put to test when it has to hand over power to BJP. Will the JD(S) do so? If yes, will B S Yediyurappa become the chief minister?
Deccan Herald invited readers to send in their predictions. Many argued that JD(S) would hand over the baton to BJP, but it would still be advantageous to JD(S) in the new dispensation.
Others were sure that BJP won’t gain power but will win public sympathy.
