Born Again

Small steel stocks are hot. Raipur Alloys is one of them

Steel manufacturers have been reaping the benefits of strong demand for the commodity, led by a boom in construction and infrastructure development. Steel is in great demand internationally too, mainly led by China’s huge appetite for steel products. The supply is just about enough to meet the demand. While the first big beneficiaries...

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Motor Insurance, Claims, And You

Emerging trends in the insurance industry will benefit consumers, predicts Pankaj Kapoor

Like in aviation and telecom, as a motor insurance buyer, you are headed for good times. Till 2000, you just had four government companies to choose from. Since then, you had a wider choice of names, but no real differentiation in products and premium amounts. Only the service was better. From January...

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Right Prescription

In a heart-warming decision, the apex consumer court refuses to allow LIC to use confusing technicalities to reject an insurance claim, says Sucheta Dalal

The right of the insured should not be adversely affected because of judicial interpretation of one of the terms regarding commencement of the policy and relief must be ‘properly moulded’.  This statement, which forms the crux of the 18th...

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