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IDBI MF garners over Rs 120 crore from Gilt Fund
IDBI Asset Management, the mutual fund subsidiary of IDBI Bank, has garnered over Rs 120 crore through its 'IDBI Gilt Fund', the company said in a release.
FICCI for 30% income tax on income above Rs 20 lakh
Industry body FICCI has demanded that the highest income tax rate of 30 percent should be levied on income above Rs 20 lakh as against Rs 10 lakh currently from next fiscal to encourage consumption.
Bharti AXA Life launches an improved version of eProtect
Private insurer Bharti AXA Life Insurance Tuesday announced the launch of its improved online term insurance plan, Life eProtect.
IDBI MF launches Gilt fund
Investors can invest in this scheme through Systematic Investment Plan (SIP) route with investment of Rs 500 per month and the minimum investment lumpsum will be Rs 5,000.
Tata AIA Life unveils traditional plan MahaLife Supreme
Tata AIA Life Insurance Wednesday launched MahaLife Supreme, a limited premium paying, non- linked, non-participating, endowment insurance plan.
Bharti AXA to focus on commercial line to drive future growth
The company also said that southern and eastern regions would be the key focus areas going ahead.
HDFC ERGO Gen launches Health Suraksha Top Up plan
Private insurer HDFC ERGO General Insurance on Monday launched 'Health Suraksha Top Up' plan allowing a customer a larger sum insured limit at lower cost.
Reliance Life Insurance unveils new distribution channel
Reliance Life Insurance, a unit of Reliance Capital, Wednesday unveiled a new distribution system called "face-to-face" to focus on servicing customers whose agents have become inactive.
Reliance MF launches portfolio SIP, targets Rs 1K cr in 1st yr
Reliance Mutual Fund has launched portfolio systematic investment plan (PSIP) that will enable retail customers to invest in multiple schemes run by the company and said it aims to raise Rs 1,000 crore through this route in the first year of launch.
Aviva Life Insurance launches Dhan Samruddhi plan
Private insurer Aviva Life Insurance on Tuesday launched Dhan Samruddhi, a traditional money back plan with guaranteed returns.
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