Insurance sector has breaks all past records of tall promises failing at the implementation stage Business Standard, 1 month ago
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Consolidation is the trend for businesses with mergers taking place in the telecom industry and now in the banking space too. Speaking to CNBC-TV18, Ashvin Parekh said that consolidation is an interesting way forward.Money Control, 1 month ago
In the backdrop of demonetization and GST impact uncertainties, there was a high order of expectations from various segments of the economy. In that context, this budget can be described as a flat or a bland one. It’s a mixed bag of some good measures ...DNA, 1 month ago
The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down. Illustration: Uttam Ghosh/Rediff.com. The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, approved the market listing of all five government-owned general insurance companies, namely New India Assurance, United India Insurance, Oriental Insurance, National Insurance and General Insurance ...Rediff.com, 2 months ago
FinMin's project will enable tax man to track electronic transactions like RTGS or NEFT.Shrimi Choudhary reports.Illustration: Uttam Ghosh/Rediff.com The finance ministry is planning a pilot project that will allow tax authorities to access unique transaction reference numbers generated by banks. The ministry was working on the feasibility of the project, said a tax official. The ministry is considering setting up a dedicated team comprising the Reserve Bank of India (RBI) and income-tax ...Rediff.com, 2 months ago
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