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NIC for Rs 1500 cr provisioning on motor pool, aims 20% growth NIC for Rs 1500 cr provisioning on motor pool, aims 20% growth Motor policies accounted for more than 45 percent of the total general insurance premium of Rs 5500 crore collected during 2011-12.
Difficult to meet tax targets on subdued profits: Rajan Difficult to meet tax targets on subdued profits: Rajan The government on Monday said it would be difficult to achieve the corporate tax, customs and excise mop-up target as projected in the Budget because of subdued corporate profits.
Life insurance policy sales fall 8.22% in FY'12: Govt Life insurance policy sales fall 8.22% in FY'12: Govt The government Friday said there was a 8.22 percent fall in the number of new life insurance policies sold during 2011-12 compared to the previous fiscal.
LIC pulled up for returning premium 3 yrs after receiving it LIC pulled up for returning premium 3 yrs after receiving it The LIC of India has been pulled up by the apex consumer commission for its failure to issue the policy to a woman in her life time despite receiving the premium from her and retaining it for nearly three years.
National Insurance official, 3 others jailed for forgery National Insurance official, 3 others jailed for forgery A sacked divisional manager of a state insurance firm and three others have been sentenced to varying jail terms for clearing bogus insurance claim and duping the firm of Rs 1,61,500.
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