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EXPLAINED: How chit fund scams work

 'Around 15 crore poor people have lost their money.' The political stand-off between West Bengal Chief Minister Mamata Banerjee and the Narendra Damodardas Modi government after a Central Bureau......

SBI Life to take over liabilities of Sahara India Life Insurance: Irdai

 Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with......

Reliance may enter life insurance arena soon

 After its successful launch of telecom business, Reliance is likely to revive its plans to foray into yet another green-field area -- life insurance -- by March this year.Reliance, which started......

Sahara gets Irda nod for life insurance entry

Insurance Regulatory and Development Authority has permitted Sahara Group to enter life-insurance segment, and issued 12 letters of intent to insurance broking entities, including three having......

Pvt life insurers yet to break even

 Private life insurers have entered into their eighth year of operations in the country but they are yet to generate profits. Usually, insurers globally take six-seven years to break even, or turn......

Financial advertising melts down

 The ongoing downturn has forced firms to cut back on advertising expenses. The banking, financial services and insurance segment (BFSI) has cut advertising budgets by nearly 40 per cent. An......

He quit a well paying job to write Bala

 'The most difficult thing in the world is to convince someone to put Rs 20 crore on your movie script.' IMAGE: Ayushmann Khurrana in Bala. Photograph: Kind courtesy Niren Bhatt/Instagram  ......

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