BS Reporter
BS Reporter
Page 1648 - Bs Reporter/workspace/business Standard Web/undefined
Every fourth person is 'suffering' in India: Gallup
Says it reflects the deteriorating economic conditions in the country
 "Every fourth person is 'suffering' in India: Gallup")
Mobile banking rate capped at Rs 1.50 a session
Total number of transactions through mobile banking grew by 29% to 7,169,429 in Sept from 5,554,327 in Jan 2013
 "Mobile banking rate capped at Rs 1.50 a session")
Trai cracks the whip: Restrict market share to curb cable monopolies
According to the recommendations, no single multi-system operator (MSO) can have more than 50% of the market share in a state
 "Trai cracks the whip: Restrict market share to curb cable monopolies")
Card swipe machines may raise banks' costs
Banks are free to decide whether to adopt Aadhaar as an additional authentication factor or shift to the Europay, MasterCard and Visa chip-and-pin technology to secure card-present payment infrastruc
 "Card swipe machines may raise banks' costs")
'Top 50 districts have seven life insurance agents for 1,000 people'
However, bottom 120 districts have average of 0.7 agent licenses per thousand people
 "'Top 50 districts have seven life insurance agents for 1,000 people'")
J&K Bank eyes profit of Rs 1,800-cr by FY16
The lender had made a profit of Rs 610.6 crore in the first half of this financial year
 "J&K Bank eyes profit of Rs 1,800-cr by FY16")
Credit growth slumps on rise in lending rates
Banks had raised lending rates after RBI hiked repo rate by 25 bps in the second quarter review of monetary policy held on Oct 29
 "Credit growth slumps on rise in lending rates")
Complaints on life insurance increase; non-life sees fall
There were a total of 78,927 registered non-life complaints for 2012-13, compared to 93,155 complaints in 2011-12
 "Complaints on life insurance increase; non-life sees fall")
Irda to approve products under use-and-file route
In the use-and-file regime, an insurer has to adhere to the standardised norms and later send information on the product to the regulator's office
 "Irda to approve products under use-and-file route")
'LIC's first-premium growth to surpass 12 per cent'
Tthe insurance company is seeing 30% growth in first year premiumss.
 "'LIC's first-premium growth to surpass 12 per cent'")
 "Cap on stock holdings may roll beyond Nov 30")
MoS shipping Milind Deora moots cruise terminals
Tour Operators demanding better facilities for cruise ships at Indian ports
 "MoS shipping Milind Deora moots cruise terminals")
Maruti recalls 1,500 units of four models
Recall to rectify a possible problem with steering column
 "Maruti recalls 1,500 units of four models")
AMRI promoters to seek review of SC's penalty for medical negligence
AMRI Unit, where fire claimed 91 lives, gets licence to operate in annexe-II
 "AMRI promoters to seek review of SC's penalty for medical negligence")
MCX appoints Satyananda Mishra as chairman
Mishra appointment as the chairman comes after the previous chairman of MCX, Venkat Chary resigned in August
 "MCX appoints Satyananda Mishra as chairman")
Gammon gets a lifeline from lenders
Company to seek shareholders' nod to increase share capital 82 times
 "Gammon gets a lifeline from lenders")
E-payment of tax above Rs 1 lakh a must
Earlier, those with dues of Rs 10 lakh and above were required to electronically pay their taxes
 "E-payment of tax above Rs 1 lakh a must")
ADB plans to issue rupee-linked offshore bonds
Institution cautions that the bond will be little expensive because of hedging costs involved in issuing debt in rupee
SBI graft case: Internal probe report in 2-3 days
CBI court extends custody of ex-executive Kumarah till Saturday
 "SBI graft case: Internal probe report in 2-3 days")