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LIC Housing Finance which claimed to have extended housing loans to over 8,00,000 customers by far is expected to see a marked expansion in its profitability as dual-rate home loans come up for re-pricing at higher rates this fiscal year. Read more
IndiaFirst Life Insurance, a joint venture between two public sector banks—Bank of Baroda and Andhra Bank—along with UK’s risk, wealth and investment company Legal & General recently invited proposals for empanelment of agency for managing the company’s loyalty programs. Read more
LIC Housing recently said it is planning to roll out a new housing loan scheme for self-employed people wherein monthly loan repayment schedule might be tweaked to daily or quarterly. Read more
Madison Media has won Max India’s corporate account in Delhi. The agency will handle traditional media planning and buying for the client as well as the entire digital mandate, including search, display, social, video and mobile. Madison Media has been handling the media business of one of Max India’s subsidiaries, Max Life Insurance, since 2008. Read more
The government has put on hold its plan to list state-run general insurers, with the finance ministry taking the view that the current financial health of these companies is not conducive for listing. Read more
Bajaj Allianz General Insurance has launched an app named ‘Eezee Tab’ on the Android based platform to instantly issue or renew motor insurance policies as well as register claims. Read more
The Haryana government has black listed the SBI Life Insurance Company Limited and debarred it for three years from doing any business with the state or any of its departments, public sector undertakings or autonomous bodies. Read more
Dr Jayant Jadhav thought that he had won the battle when he underwent a life-saving bariatric surgery. For the 57-year-old orthopaedic surgeon, who weighed 98kg and suffered from uncontrolled diabetes and sleep apnoea, a gastric bypass surgery was the only way out of a possible development of retinopathy and nephropathy. Read more
One can say a product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received in exchange for money or some other unit of value. Read more
For the speedy disposal of third party claims and at a minimum cost, the Claims Tribunal has been constituted by different State Governments, under Sec. 110 of Motor Vehicles Act, 1939. Read more