Page 47 - Ortfolio Allocation News Today

Camlin Fine Sciences Ltd (Camlin Fine) is one of the largest manufacturers of synthetic antioxidants and vanillin (which is used as a synthetic alternative for natural vanilla) in the world.

Terming the repudiation of an insurance claim for medical treatment as untenable, the national consumer disputes redressal commission (NCDRC) directed Bajaj Allianz General Insurance Co Ltd to pay US$20,000 along with an interest of 9%pa (per annum) as expenses for treatment overseas. While the insurer had rejected the claim, citing failure to disclose pre-existing medical conditions, the policyholder pointed out that she was never asked to fill out any proposal form and thus did not have an opp...

The much-anticipated showpiece Mumbai Trans Harbour Link (MTHL) will be opened this month and the toll for cars has been fixed at Rs 250, officials said here on Thursday.

The Burman family, which collectively owns 21.24 per cent of Religare Finvest Limited (RFL) through its entities, has raised concerns about the alleged allotment of 8 per cent of RFL shares to Rashmi Saluja, the Chairperson of Religare Enterprises Limited (REL), through ESOPs, Good Returns reported.

The Delhi High Court has said that an accused in a criminal case cannot be compelled to disclose the passwords of their gadgets and digital devices to the investigating agency.

Insurance agents may soon be required to maintain audio-visual records of their sales pitch, where they must read out a summary of the policy features to prospective buyers, says a news report.

After receiving a demand notice for Rs806.3 crore from Maharashtra and Rs116 crore from Telangana, Life Insurance Corporation of India (LIC) says it received another set of notices from Tamil Nadu, Uttarakhand and Gujarat of about Rs663.45 crore for a shortfall in goods and services tax (GST). LIC says it will file appeals against these orders before the respective state GST authorities within the prescribed timeline.

Although the Reserve Bank of India (RBI) says that Rs2,000 notes continue to be a legal tender and currency and can still be exchanged, it has placed a nightmarish process to exchange notes after September. RBI announced the withdrawal of Rs2,000 notes in May circulation as part of its “Clean Note Policy”.

Strengthening its ongoing efforts to reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners or claimants, the Reserve Bank of India (RBI) has issued a revised set of instructions

Guidelines under section 79(A) of the Maharashtra Cooperative Societies Act state that if 75% of society members agree to redevelopment in writing, the proposal can be implemented. In such a case, even those few who have opposed redevelopment have a right to a new flat in the redeveloped building.