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ICICI Prudential AMC to launch thematic ETFs going ahead ICICI Prudential AMC to launch thematic ETFs going ahead
Currently, the mutual fund house has an asset under management under various ETFs of around Rs 200 crore. The total equity assets managed by the AMC is around Rs 16,000 crore.
Aviva Plc exit not to upset India insurance venture Aviva Plc exit not to upset India insurance venture
British financial major Aviva Plc's reported plans to exit Indian market is unlikely to affect the operations of insurance firm as majority partner Dabur may rope in another overseas investor as replacement.
Majority of young dont claim tax refunds: Survey Majority of young dont claim tax refunds: Survey
Just 27 percent of the young in the age group of 20-34 who file returns claim refund, while this figure is 53 percent for the middle-aged (above 35 years), the survey conducted by online tax return filing portal TaxSpanner has shown.
Every district to have I-T office by 2013 Every district to have I-T office by 2013
Every district in the country will have at least one Income Tax office once the ambitious cadre restructuring of the department is implemented by the end of this year.
New Reliance health insurance plan for women, girl child New Reliance health insurance plan for women, girl child
With just 2 percent of working women having health insurance cover in India, Reliance General Sunday announced a new product for their inclusion and empowerment which also covers the girl child.
HDFC Life launches two traditional pension plans HDFC Life launches two traditional pension plans
HDFC Life launched two traditional pension plans - Personal Pension Plus, a participating plan - and Guaranteed Pension Plan - a non-participating plan.
ICRA upgrades ratings of three MFIs ICRA upgrades ratings of three MFIs
Rating agency ICRA has upgraded ratings of three microfinance institutions, Grameen Financial Services, Ujjivan Financial Services and Utkarsh Microfinance.
One in 4 urban Indian rates retirement planning as priority One in 4 urban Indian rates retirement planning as priority
With Indians continuing to put their family first, retirement planning is quickly gaining ground as financial priority as nearly 24 percent of urban consumers are readying for their old age, a recent survey said.
Employers feel that sum insured is inadequate: Survey Employers feel that sum insured is inadequate: Survey
One in every four employers in the country believe that the existing sum insured (SI) taken for their employees is inadequate, according to a recent online survey by ICICI Lombard General Insurance.
MF assets reach record high of Rs 8.68 lakh cr in May: Crisil MF assets reach record high of Rs 8.68 lakh cr in May: Crisil
The country's 44 fund houses together had an average AUM of Rs 8.68 lakh crore in May, significantly higher than the previous record of Rs 8.26 lakh crore in January 2013.
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