India
RBS Introduces Customized Advisory Service
RBS Private Banking, India said today that it has launched a new range of tailored services – tailored portfolio management Advisory (ATPMS). RBS Private Banking India is private banking arm in India, Royal Bank of [...]
LIC & Axis Bank Tie Up To Offer New Credit Card Service
The largest life insurer in the country, LIC of India and Axis Bank, India’s third largest bank in the private sector joined forces to provide additional services of credit card services to customers and employees [...]
Bharti To Sell 74% In Insurance Joint Venture To Reliance Industries
For the first time Ambani scions come head to head in an insurance business growing rapidly. Six years after the gift of insurance and a younger brother Anil Ambani as part of the ruling family, [...]
LIC Launches “Jeevan Arogya” New Non-Linked Health Insurance Plan
From 1 June 2011 LIC India launches new non-Linked Health Insurance Plan “Jeevan Arogya”. The plan provides full hospital benefits for the whole family of principal insured. A unique feature of this plan is that [...]
India Mahindra Satyam Q4 Loss, Shares Down 6%
India software services exporter Mahindra Satyam posted on Monday a net loss for the fourth fiscal quarter, hurt by a point charge due to the settlement of shareholder litigation in the U.S., sending its shares [...]
HSBC Losing Money In India, China Retail Banking
HSBC Holdings Plc (HSBA.L), the largest bank in Europe, is losing money on operations in India and China retail banking, but we keep the business because the bank is the yuan and deposits in rupees, [...]
Infosys Profit Rises 19 %, Misses Expectations
Infosys Technologies reported a 18.9 percent increase in quarterly profits in U.S. dollars on Friday, missing expectations of the costs of global uncertainty and rising rupee margin pressure. Investors were also troubled by a vision [...]
ING Vysya To Target Rs 1939 Crore Premium In 2010-11
ING Vysya Life Insurance Company Ltd. has established a collection of raw pan-India of Rs 1.939 million rupees for the current year. The insurance company also intends to go out with a couple of new [...]
India Insurance Report First Quarter 2011 :Research & Markets
Research and Markets has announced the addition of “India Insurance Report Q1 2011″ report to their offering. Business Monitor International, India Insurance Report provides industry professionals and strategists, business analysts, insurance associations, government departments and [...]