PERSONAL FINANCE


G Venkatesh 08 May 2012
Team dynamics play a vital role and therefore need to be considered while hiring. Many firms are taking the right steps by conducting personality assessments to gauge the ability of a hire to work well in teams Despite all precautions, there is no way to tell accurately whether a new recruit...

Read More



IRDA has launched a new website to educate and protect you. It wants you to live worry free. While the initiative is laudable, taking the contents as gospel may lead to disappointment The Insurance Regulatory and Development Authority’s (IRDA) newly launched consumer awareness website

Read More



G Venkatesh 07 May 2012
You can’t select a candidate just because he was an outstanding performer in his previous job. Neither can you reject one because of mediocre performance in his last role. Are companies thinking creatively? Amol Kale (not his real name) is devastated. A star-performer in a well-known...

Read More



There can be enormous difference in the insurer-authorized service centre estimation as compared to the roadside repair shops. Is it justified? Are insurance companies being fleeced which means you end-up with higher premium? Imagine an ICICI Lombard-authorized service centre giving quote...

Read More



Moneylife Digital Team 24 April 2012
IRDA has penalised Birla Sun Life Insurance Company a paltry Rs6 lakh for a slew of violations, some serious including using unlicensed entities to sell insurance The Insurance Regulatory Development Authority (IRDA) had detected 22 irregularities in the functioning of Birla Sun Life...

Read More



IRDA has increased premiums for automobile insurance with effect from 1 April 2012. Insurance companies have come up with a new trick of using only the engine cubic capacity. The smaller and cheaper cars and bikes are subsidising the bigger and costlier ones Insurance regulator, Insurance...

Read More



Moneylife Digital Team 19 April 2012
R2 approval is an important step in the process of acquiring the license from IRDA Mumbai: Religare Health Insurance Company Limited (RHICL) has received the R2 license from the Insurance Regulatory Development Authority (IRDA), according to a release from the insurance company.  The R2...

Read More



Many implicitly trust insurance companies. We present you the chilling story of what can happen when a gullible customer walks into an insurance office Arvind Injamuri, 65, a 9th std fail, retired railway employee living at Solapur, decided to use his retirement kitty to secure his...

Read More



Moneylife Digital Team 17 April 2012
Galaxy S Advance and Galaxy Pocket being launched, serve to strengthen our premium as well as the entry level offering in the Smartphone market Smartphone device provider Samsung Electronics Co Ltd on Tuesday announced the expansion of its Galaxy smartphone range with the launch of the Galaxy...

Read More



Moneylife Digital Team 11 April 2012
The flagship smartphone Xperia S has a 4.3-inch scratch resistant TFT touchscreen, along with 12.1 mega pixel camera and 1.5GHz Qualcomm dual core processor Sony Mobile Communications launched Xperia S handset in the Indian market at a price of Rs32,549, along with three other devices.

Read More



Moneylife Digital Team 09 April 2012
HTC has joined hands with Bharti Airtel to introduce exciting limited period offers on every purchase of HTC One X and HTC One V HTC, a global designer of smartphones, has unveiled its new HTC One series of smartphones with a new level of iconic design, consisting of a camera, sound and media...

Read More



Moneylife Digital Team 07 April 2012
The 12,000 square foot, two-storey facility in Mumbai is the home to Mini's entire line-up for India After a successful association with the BMW Group over the last five years, Infinity Cars is appointed the first dealership for MINI in India. Infinity Cars introduced the MINI cars in...

Read More



Moneylife Digital Team 06 April 2012
When combined with Sony's Iris 3 technology of 1,000,000:1 dynamic contrast, the projector can produce screen sizes of up to 200 inches diagonally for cinematic viewing in the comforts of a home, an official statement said Sony India launched 4K home theatre projector systems with 3D...

Read More



Moneylife Digital Team 06 April 2012
Speaking at the New York auto show, Jaguar Cars global brand director Adrian Hallmark said, “F-Type will mark the British marque's re-entry into a segment that it has been absent from for too long.” Tata Motors-owned Jaguar said it will re-enter the sports segment with its 'F-Type' super car...

Read More



KP had illegally availed of over Rs800 crore from the banks in cahoots with the chairman and his son. Soon after, SEBI passed an order barring KP from the capital market for 14 years. In February 2012, the office of the custodian, appointed under the Special Courts Act of 1992, filed a...

Read More



Moneylife Digital Team 05 April 2012
Service tax impact on life insurance policies Increase in service tax from 10.3% to 12.36% on the policy charges will increase the premium as it would be passed on to consumers. Service tax is applicable on charges like mortality, fund management, policy allocation charge and policy...

Read More



Moneylife Digital Team 05 April 2012
Edelweiss Tokio Life Insurance Cashflow Protection and Aegon Religare Life Insurance Flexi Money Back Insurance Plan are the new money-back plans in the market. These traditional products offer regular income at specified intervals in addition to the maturity benefit. These products are for...

Read More



Moneylife Digital Team 05 April 2012
Sahara India Life Insurance has launched Sahara Vatsalya Jeevan Bima to tap into the lucrative child plan business. Traditional child plans offer assured returns but, unfortunately, most of these products offer low returns if the life assured survives. In case of demise of the life assured, the...

Read More



Moneylife Digital Team 05 April 2012
The Union Budget 2012 offers Rs5,000 tax deduction for preventive health check-up. This will be allowed irrespective of whether you have health insurance or not. It is a boost for hospitals. Customers over 40 years of age are interested in yearly check-up which may not be offered for free even...

Read More



Moneylife Digital Team 05 April 2012
The Union Budget 2012 increased the minimum insurance requirement from five to 10 times the premium to qualify for full tax benefit at entry under Section 80C and at exit under Section 10(10D). There are many existing products like money-back traditional and single premium plans which do not...

Read More

Free Helpline
Legal Credit
Feedback