by AIP Online Bureau | Jan 12, 2024 | Indian News, Life, Policy
For LIC, this is second time in recent years large IT refund has happened. Earlier it had received a IT refund of Rs 6000 crore Mumbai: Life Insurance Corporation of India (LIC) said it has received an income tax refund of Rs 25,464 crore relating to interim bonus to...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Noteworthy is the fact that this upward surge remained resilient amid mixed global cues on account of higher-than-expected US inflation and positive job data, which tempered expectations for an imminent rate cut by the US Fed,” said Vinod Nair, Head of...
by AIP Online Bureau | Jan 12, 2024 | Indian News, Life
Vibha Padalkar,MD & CEO, HDFC Life On the Irdai plans to massively hike the surrender value of policies mid-way, Padilkar said that conceptually she agrees with the proposal, as policyholders should not be losing their money if on surrender. However, the industry...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Mukesh Ambani, chairman, Reliance Industries Ambani, Reliance’s chairman, owns 42% of the company, which has businesses in the energy, telecommunications and retail sectors, among others. Its shares have climbed 22% from a low in October after the firm reported a jump...
by AIP Online Bureau | Jan 12, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation
Prashant Tripathy, CEO and Managing Director, Max Life said “ With our presence in Dubai, we are not only extending our reach to the Gulf region and enhancing our brand awareness, but also bridging the geographical gap to ensure that our NRI customers experience a...
