Month: September 2012

The family of a photographer has been awarded a compensation of over Rs 16.63 lakh by a Motor Accident Claims Tribunal (MACT) for his death in a road mishap involving…

Insurance regulator IRDA recently slapped a fine of Rs 22 lakh on Kotak Mahindra Old Mutual Life Insurance for violation of various norms, including payment of death claims.

The Chartered Institute of Public Relation, London defines the public relations as "the Planned and sustained effort to establish and maintain goodwill and mutual understanding between an organization and its…

Mobile banking (also known as M-Banking, m banking, SMS Banking etc.) is a term used for performing balance checks, account transactions, payments etc. via a mobile device such as a…

Life insurance plays an important role in an individual's financial planning exercise. Insurance can assist individuals in planning for their own life stages as well as provide for their children's…

Recently there was an article in Times of India about damage to a car by flood water. One of the private insurer have stated of negligence of a car driver,…

Retirement fund body EPFO recently approved the proposal of Reliance Capital Asset Management Limited (RCAML) to sell 26 per cent stake to Japanese insurance firm Nippon Life.

Private insurer HDFC ERGO General Insurance recently said it has incorporated add-ons in its motor insurance scheme aimed at catering to the growing needs of customers.

Max India recently said its standalone net profit stood at Rs 537 crore for the first quarter ended June 30, 2012.

State-owned United India Insurance today posted 20.7 per cent rise in profit after tax at Rs 192 crore for the first quarter ended June 30.