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Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Terrorist attack on construction workers will be avenged: LG Sinha

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said security forces will avenge the construction workers' death in the brutal attack in Ganderbal, and "extract a price" that the......

Is Health Insurance Tax Relief Coming?

Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely. Illustration: Uttam Ghosh/Rediff.com  ......

'US Can't Take Indians As Guinea Pigs'

'Why should we disclose classified information. to satisfy those who doubt our Hydrogen Bomb capability?' IMAGE: Dr Anil Kakodkar, former chairman, Atomic Energy Commission, at the 'Machined to......

'Insurance companies will make a killing'

'I can feel the master's pain, because he must be sitting there and cursing and saying, 'Why was I born?'' IMAGE: Part of a span of the collapsed Francis Scott Key Bridge is suspended on the......

No plan to bring clawback clause: LIC

State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any......

New biz premium of life insurers rises 13% in October

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

Cut in FY25 estimates likely to keep SBI Life stock under pressure

SBI Life Insurance reported a weak performance in Q2FY25. Image used for representation purpose only. Illustration: Uttam Ghosh/Rediff.com The annual premium equivalent or APE grew 3 per cent......

'Will Keep Working To Grow Value Of New Businesses'

'Margins will be an outcome of that. They will likely remain somewhat range-bound.' Photograph: Kind courtesy HDFC Life/Instagram HDFC Life on October 8, 2024, reported a 14.85 per cent......

I-bankers earn record Rs 493 crore from Hyundai IPO

Hyundai Motor India Limited’s (HMIL’s) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has......

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