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  3. fe bureau

FE Bureau

Life insurance industry posted a 28% growth in its annualised premium equivalent (APE) at Rs 24,312.5 crore in the first four months of this fiscal compared to the same period last year.
Life insurance new business premiums rise 44 pct in April-July

Life Insurance Corporation of India (LIC) grew at a faster pace compared to private insurance players, shows data from the…

By FE Bureau
August 15, 2019 00:58 IST
Each of the 110 RHA city teams has adopted five villages and is serving rations to people for five days ending August 15
These Robin Hoods are fighting hunger pangs in 500 villages

The organisation has also partnered at local and national levels with radio stations, billboard companies, media houses and digital groups…

By FE Bureau
August 15, 2019 00:57 IST
In last one year, prices of palm oils in international market have gone down in the range of 10-16%, Mehta points out. (Representational image)
India’s veg oil imports rise by 26 pct in July

During November 2018-July 2019, import of refined oil (RBD palmolein) increased to 2,090,381 tonne from 1,495,674 tonne in same period…

By FE Bureau
August 15, 2019 00:56 IST
Sun Pharma will be responsible for development, regulatory filings, manufacturing and commercialisation of these potential products.
Sun pharma, CSIR arm in Rs 240 crore licensing pact

Under the terms of the licence agreement, Sun Pharma gets exclusive global licence for the said patents and any other…

By FE Bureau
August 15, 2019 00:55 IST
In addition to the $75 million investment in EGIA, Kora also plans to make a further investment of $50 million in Edelweiss.
Capital raise: US-based Kora Management to invest $125 million in Edelweiss

Edelweiss said each business group will have its own set of investors, a ring-fenced capital base and an independent board.

By FE Bureau
August 15, 2019 00:54 IST
Prime minister’s assurance that both internal combustion engine (ICE)-based automobiles as well as electric vehicles (EV) can co-exist is indeed a welcome note, said Rajan Wadhera (File photo)
Auto industry heaves a sigh of relief as PM Modi assures co-existence of ICE, EVs

Prime minister in his recent interview with a business daily asserted that India being the largest market, both the ICE…

By FE Bureau
August 15, 2019 00:54 IST
The panel said it was agreed that detailed criteria for eligibility under the Green Channel may be formulated by the government based on consultation with the CCI.
Competitive law: Panel wants ‘disclose and comply regime’ for M&As

The recommendation forms part of a report by the Competition Law Review Committee, constituted in October 2018, for reviewing the…

By FE Bureau
August 15, 2019 00:52 IST
The delay in rolling out the necessary changes in the guidelines is also said to be from an apprehension that there could be a sharp decline in coverage if PMFBY is made optional.
Fasal Bima Yojana: Changes deferred to next Kharif season

Currently, there is no cap on premium quoted by insurance companies and during last kharif season, the lowest bid was…

By FE Bureau
Updated: August 15, 2019 07:08 IST
PESB recommends Sridhar Patra for Nalco CMD post

Government head-hunter Public Enterprises Selection Board (PESB) has recommended Nalco’s finance director Sridhar Patra’s name for the top post of…

By FE Bureau
August 15, 2019 00:51 IST
The indices would have fared even worse, had it not been for the rally in Reliance Industries which rose smartly by 9.7%. (File photo)
In a mess: Sensex crashes 624 points, bank Nifty 703

Since July 5, FPIs have pared their portfolios in all sessions barring three, offloading shares worth over $3 billion.

By FE Bureau
August 14, 2019 03:46 IST
The fall in PV sales in July was also the ninth consecutive month of decline. (Representational image)
Slowdown bites: Auto sales see steepest slump in two decades

Analysts said higher inventory levels are likely to stay the same in the near term as retail is not picking…

By FE Bureau
August 14, 2019 03:39 IST
house, home buyers, homes, real estate, realty, nirmala sitharaman, relief measures, 10000 crore for last mile funding
Amrapali case: SC asks Noida authorities to start registration of flats

The authorities told the judges that they have created a special cell to deal with cases of the Amrapali hombuyers…

By FE Bureau
August 14, 2019 03:31 IST
In April this year, the central bank had released draft guidelines for a regulatory sandbox for fintechs. The final guidelines take into account feedback received from multiple stakeholders.
Regulatory sandbox: RBI eases net worth, regulatory norms

A regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment, for which…

By FE Bureau
August 14, 2019 03:11 IST
The rupee has depreciated nearly by 3.5% in the past six weeks. (Representational Image)
Rupee hits six-month low of 71.39 on global turmoil

The rupee on Tuesday closed at a six-month low of Rs 71.39 against the greenback and is near its weakest…

By FE Bureau
August 14, 2019 03:07 IST
The central bank also raised a bank’s exposure limits towards a single NBFC to 20% of the Tier-I capital of a bank against 15% currently. (Represnetational image)
PSL benefits for bank loans to NBFCs for on-lending only till March 2020

The RBI also said that bank credit to NBFCs for on-lending will be allowed up to a limit of 5%…

By FE Bureau
August 14, 2019 03:01 IST
Mukesh Ambani, chairman, RIL, on Monday said at the company’s 42nd AGM that Jio Fibre’s premium customers will be able to watch new movies in their living rooms the same day these movies are released in theatres. (PTI Photo)
PVR, INOX put up a brace face to Reliance Jio Fibre’s offer

Called the ‘Jio-First-Day-First-Show’ service is planned to be launched in the middle of 2020.

By FE Bureau
August 14, 2019 02:31 IST
The stock surged as much as 12% in intra-day trade on BSE, before settling at Rs 1,275.00, up 9.72%.
Mukesh Ambani’s ‘debt-free’ move: Reliance rallies the most in 2 years

Shares of RIL rallied the most in over two years as investors cheered company’s promise to bring its net debt…

By FE Bureau
Updated: August 14, 2019 07:11 IST
The regulator imposed a penalty of Rs 13.82 crore on JAL.
CCI slaps penalty on Jaiprakash Associates for abusing dominant position

In the case under question, the regulator said adverse effects are clearly evident as customers have suffered due to lower…

By FE Bureau
August 14, 2019 02:22 IST
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Latest News

DK Shivakumar takes oath as Karnataka CM

DK Shivakumar takes oath as Karnataka CM – What it means for Bengaluru’s Rs 14 lakh crore IT economy

Cabinet approves Rs 10,000 crore ATF stabilisation fund for Indian airlines as aviation fuel prices remain elevated due to the West Asia crisis.

Cabinet approves Rs 10,000 crore ATF stabilisation package to shield airlines from fuel price shocks

Jupiter Wagons

Jupiter Wagons: Jefferies raises target price but still sees 23% downside – Here’s why

Taxpayers should review key documents such as Form 16, salary structure, housing loan statements, investment proofs, and insurance receipts. A parallel tax computation under both regimes.

Income Tax Slabs AY 2026-27: Latest tax rates for individuals, senior citizens and super senior citizens under old vs new regime

Air India building

Mumbai’s Air India building sold to Maharashtra government for Rs 1,601 crore; here’s what’s planned

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