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Validity of motor vehicle documents extended till Dec 30

On March 30, the ministry had announced the extension of the validity of fitness, permit (all types), driving license, registration or any other concerned document till June 30.

Later on June 9, the validity of motor vehicle documents was further extended till September 30 due to the pandemic.

Axis Bank cuts stake purchase in Max Life to 17%

The private-sector lender’s move comes months after media reports said the deal, announced in April, ran into a regulatory roadblock over certain clauses in the agreement.

LIC launches new Annuity Plan

he policyholders have an option to choose a type of annuity from 10 available options on payment of a lump sum amount.

The annuity rates are guaranteed at the inception of the policy and annuities are payable throughout the life time of annuitants.

412 infra projects show cost overruns of Rs 4.11 lakh crore

“Total original cost of implementation of the 1,683 projects was Rs 20,65,336.20 crore and their anticipated completion cost is likely to be Rs 24,77,167.67 crore, which reflects overall cost overruns of Rs 4,11,831.47 crore (19.94 per cent of original cost),” the ministry”s latest report for June 2020 said.

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