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LIC trims stake in Ranbaxy to 6%
State-owned LIC has cut its stake in Ranbaxy Laboratories to a little over 6 percent by selling more than two percent stake over the past five years.
HDFC Life to launch 21 ULIPs, traditional plans by Jan 2014
Private insurer HDFC Life on Thursday said the company is planning to launch by January 2014 about 21 products, of which 10 will be market-linked and 11 traditional plans, in compliant with new regulations issued by the IRDA.
Sundaram Mutual Fund launches new close-ended equity scheme
Sundaram Mutual Fund has launched 'Sundaram Select Micro Cap - Series I', which is a five-year close-ended equity scheme.
Canara HSBC Oriental launches Smart Monthly Income Plan
Private insurer Canara HSBC Oriental Bank of Commerce Life Insurance Tuesday launched Smart Monthly Income Plan, a traditional participating product, designed to provide life cover and guaranteed extra income.
Max Life Insurance launches two products
Private sector life insurance company Max Life Insurance has launched two new products, a company release said.
New house rent allowance exemption rule: How it will affect you
In conversation with
Reema Sharma
of ZeeBiz.com
Tarun Gupta
, Managing Director, Mangla Consulting explains the details of how to go about claiming the HRA exemption.
Axis MF launches new close-ended equity scheme
Axis Mutual Fund has launched 'Axis Small Cap Fund', a close-ended equity scheme with a 5-year lock-in period, a company release said.
ICICI Prudential launches Value Fund Series 2
Asset management company ICICI Prudential Tuesday launched ICICI Prudential Value Fund Series Fund 2, a close ended equity fund.
SBI Life Insurance to relaunch 10 plans by Jan 1
SBI Life Insurance plans to relaunch about 10 products by January 1 as part of regulatory compliance to make the policies more customer-friendly.
Reliance Life launches initiative to revive lapsed policies
Reliance Life Insurance Company said Wednesday it has launched a new initiative to revive lapsed policies for its policy-holders.
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