| ICICI Prudential Life and IIRM announces the second batch of EPIRM | 06-NOV-09 |
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| ICICI Prudential Life Insurance in partnership with Institute of Insurance and Risk Management (IIRM) announced the graduation of its second batch for the full time Executive Program in Insurance and Risk Management (EPIRM) program, today. EPIRM a joint initiative between ICICI Prudential Life and IIRM, is the first of its kind program in India, to offer professional training in specialised subjects such as underwriting, claims and risk management. Mr. J Hari Narayan, Chairman, Insurance Regulatory Development Authority, was the Chief Guest for the occasion and he felicitated the top rankers of the second batch. |
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| Incipient signs of recovery | 29-OCT-09 |
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| The monetary policy underlines the incipient signs of recovery of the global economy and improving prospects for the domestic economy. RBI has moved its stance from balancing between growth and inflation to now focussing more on inflation basis, their comfortable outlook on growth momentum. While a status quo has been maintained on rates, there are many references in the policy that suggest possible rate hike if inflation moves out of the comfort zone. |
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| An investment tool | 12-OCT-09 |
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| Last month-end, Crisil launched an initiative which could go a long way in helping investors across different classes take a decision regarding investment in a listed company. Crisil launched a new service called Independent Equity Research (IER), which will provide an independent opinion on two aspects of a company viz. fundamentals and equity valuation. While the move looks good and should enhance the research-led coverage on Indian companies especially the smaller sized, there are a few factors that deserve attention as they could restrict the access to such a service. And, the aim of addressing inadequate equity research coverage in the Indian market and providing an additional tool to investors to take informed investment decisions, may not be achieved. |
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| Regulator unveils disclosure norms for insurers going public | 09-OCT-09 |
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| As insurance companies get closer to entering the capital market, the Insurance Regulatory and Development Authority (Irda) has come out with public disclosures guidelines, making it mandatory for these companies to provide data for a minimum four to five years. |
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| Vive la difference! | 17-AUG-09 |
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| The most successful ads are at times the ones that communicate in a culturally specific way. Take the Idea Cellular commercial. The one about how the caste war in a village is stopped by replacing everyone’s caste-based names with their mobile numbers. The sign-off line, mouthed by a chamcha to village headman Abhishek Bachchan, is “What an idea, Sirji. |
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| ICICI Pru ranked first for managing EPFO funds | 14-AUG-09 |
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| The State Bank of India was relegated to the second spot by providing 8.70 per cent returns to the Employees’ Provident Fund Organisation (EPFO) during the period, according to the Crisil analysis. |
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| STT abolition to bring back high volumes | 13-AUG-09 |
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| The Securities Transaction Tax (STT), a bugbear for the market ever since its introduction in 2005, will be abolished, according to the draft Direct Taxes Code, and market players felt this would bring back high volumes in the market. |
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| 'We will break even latest by 2012' | 11-AUG-09 |
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| V Vaidyanathan, the new managing director and CEO of ICICI Prudential Life Insurance, is trying to get the private sector player overcome the temporary distractions and once again grab market share. At the same time, he tells Sidhartha, higher efficiency and cost control will be the buzzword in making the company profitable in the next two years. |
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| Provident, pension funds create market for oil bonds | 03-AUG-09 |
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| Provident and pension funds are doing what banks did not — purchase oil bonds. Over the past year or so, these fund managers, who manage a corpus of over Rs 25,000 crore between them, have developed a market for oil bonds which was earlier largely confined to Life Insurance Corporation (LIC). |
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| LIC grabs 62% mkt share; pvt insurers slip in negative | 29-JUL-09 |
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| The country's largest insurer Life Insurance Corporation (LIC) of India has increased its market share to 62 per cent among life insurers in the first quarter of current fiscal, thereby growing by about 20 per cent, compared to same period last year. |
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| 'Interest rates will rise by only around 0.5%' | 10-JUL-09 |
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| Nilesh Shah is known to be an entertaining speaker, and his views are almost always laced with a touch of humour. Perhaps it’s the delayed monsoon, but the deputy managing director of ICICI Prudential AMC, seems weighed down and tells Shobhana Subramanian he’s uncertain about growth in the current environment. |
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