Sunday, April 3, 2011

Quake-proof your house

Quake-proof your house


Quake-proof your house

Posted: 03 Apr 2011 04:24 PM PDT

The earthquake and tsunami in Japan destroyed property worth billions of dollars. While there's little you can do to control natural calamities, steps can be taken to cushion yourself against the after-effects by taking the relevant insurance.


BRPSE suggests merger of ITI with BSNL

Posted: 03 Apr 2011 04:14 PM PDT

The Board for Reconstruction of Public Sector Enterprise (BRPSE) has advised BSNL to take over the ailing PSU Indian Telephone Industries (ITI) as the merger will help the state-run telco emerge as a strong competition to Chinese equipment manufacturers.


Top-level changes likely at Sebi

Posted: 03 Apr 2011 03:59 PM PDT

A major makeover may be in the offing at Sebi, with as many as five new faces expected to join in the market regulator's leadership positions over the next few months.


Govt shield for independent directors

Posted: 03 Apr 2011 03:58 PM PDT

Reducing unnecessary burden, the government has changed the norms to help independent directors, bank nominees and government nominees avoid prosecution unless they are directly or indirectly involved.

Rieter, Lakshmi Machine end joint venture

Posted: 03 Apr 2011 03:56 PM PDT

Textile machinery major Lakshmi Machine Works (LMW) and Rieter have ended their joint venture (JV) in the country. The split come soon after the government scrapped a clause where foreign companies needed a 'no objection certification' – or NOC – from their Indian JV partners before venturing on their own or bring in a local ally.

Motor claims fund to eat into PSU insurers' margins

Posted: 03 Apr 2011 12:38 PM PDT

For several years now, the four state-owned non-life insurance companies have been net contributors to the government's kitty. Over the years, these insurers have paid hundreds of crores by way of dividend and taxes.


Team India's brand equity set to scale new levels post World Cup win

Posted: 03 Apr 2011 07:58 AM PDT

While the historic win will push MS Dhoni to a new trajectory in the branding business, others like Yuvraj Singh will also see a rejuvenation.


Huntsman acquires Laffans Petrochemicals

Posted: 03 Apr 2011 07:49 AM PDT

The American chemicals major Huntsman Corporation on Sunday said it has taken over Gujarat-based chemicals producer Laffans Petrochemicals.


Consumer forum fines Union Bank Rs 50,000

Posted: 03 Apr 2011 01:27 AM PDT

A consumer forum on Sunday imposed a fine of Rs 50,000 on Union Bank of India for not returning an owner's original property documents.


Indian banking professionals' demand grows 25% in Africa, UAE

Posted: 02 Apr 2011 10:35 PM PDT

There is up to 25% rise in demand for Indian banking professionals in the global market, especially from Africa and the UAE, as firms seek to cash in on their experience, leading human resource firm GlobalHunt has said.


US upset with India's insurance laws

Posted: 02 Apr 2011 10:04 PM PDT

Foreign partners in the Indian insurance companies operate in an "extremely uncertain" environment due to snake and ladder like laws governing the sector, the US Trade office said.


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