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Kin of road mishap victim get nearly Rs 40 lakh compensation

Last Updated: Tuesday, February 04, 2014, 15:28

The tribunal directed National Insurance Company Ltd, with which the offending tractor was insured, to pay Rs 39,08,400 to the wife, minor son and mother of victim Hemant Bhatia.

Intel tightens executive pay as PC demand slows

Last Updated: Tuesday, February 04, 2014, 05:58

Intel Corp, wrestling with shrinking personal computer sales and struggling to expand into mobile devices, said on Monday it was tightening its compensation policy to make senior executives more accountable.

Kerala govt hopeful of getting Centre`s approval for Bill

Last Updated: Tuesday, January 28, 2014, 14:30

Kerala government today expressed hope that it would be able to get Presidential assent to the `Plachimada Coca-Cola Victims Relief and Compensation Claims Special Tribunal Bill-2011, passed by the state Assembly.

RBS sets aside £3.0 bn for claims, conduct matters

Last Updated: Tuesday, January 28, 2014, 14:29

Britain`s state-controlled Royal Bank of Scotland said Monday it has set aside more than £3.0 billion (USD 5.0 billion, 3.6 billion euros) for litigation and compensation claims here and in the United States.

J P Morgan to give CEO Dimon $20 mn compensation for 2013

Last Updated: Saturday, January 25, 2014, 15:28

In a regulatory filing, the bank said its Board of Directors has approved the 2013 incentive compensation for Dimon in the amount of USD 18.5 million.

Parents of DU assistant professor gets Rs 37.64 L compensation

Last Updated: Monday, January 13, 2014, 15:56

Family members of an assistant professor in Delhi University, who died in a road accident last year, have been awarded a compensation of over Rs 37 lakh by a motor accident claims tribunal (MACT) here.

Can't implement pre-packaged rates in policies: GIC to HC

Last Updated: Thursday, January 09, 2014, 20:53

General Insurance Council, which represents 25 non-life insurance companies, today told the Bombay High Court that it was not possible for its members to come out with a pre-packaged compensation in the policies on the basis of sum insured and on the type of hospital.

Obama presses for unemployment benefits extension

Last Updated: Wednesday, January 08, 2014, 11:58

US President Barack Obama stepped up pressure on the Congress to extend unemployment benefits by approving the bill which has just cleared procedural hurdle in the Senate.

Bench pulls up Addnl Home Secy for delay in compensation delivery

Last Updated: Wednesday, December 04, 2013, 15:21

Madras High Court Bench has pulled up the Tamil Nadu Additional Home Secretary for delay in settling the compensation given by an estate company in Malaysia to a woman, whose husband died of injuries in an accident in the country in 2011, and sought to know why costs should not be imposed on him.

Cabinet accepts uniform compensation policy for riot victims

Last Updated: Thursday, November 28, 2013, 22:52

A report that recommends a uniform compensation policy to all riot victims and seeks compensation for minority youths falsely implicated in terror cases was accepted by Union Cabinet.

DTC to pay Rs 32 lakh compensation to mishap victim`s parents

Last Updated: Tuesday, November 12, 2013, 18:04

Delhi Transport Corporation (DTC) has been asked by a Motor Accident Claims Tribunal (MACT) to pay over Rs 32 lakh to the parents of a 26-year-old woman who died in an accident caused by a rashly driven bus.

Family members of DTC driver get Rs 37 lakh compensation

Last Updated: Wednesday, October 30, 2013, 13:54

The family members of a 39-year-old DTC driver, who died in a road accident involving a rashly driven car, have been awarded compensation of over Rs 37 lakh by a Motor Accident Claims Tribunal here.