ICICI Prudential to expand service in health insurance sector

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ICICI Prudential Life Insurance is planning to expand its service in the health insurance segment, company officials announced. ICICI Prudential Life Insurance’s Managing Director Shikha Sharma said that besides huge growth potential in this sector the competition is also less as there are fewer players in health insurance as compared to life insurance. This prompted … Read more ICICI Prudential to expand service in health insurance sector

JSW reports highest ever Quarterly Production in Q4 FY 08-09

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JSW Steel has informed us that the company has achieved highest ever production during 4th Quarter ended March 2009 showing growth of 11% over corresponding quarter of last year. The Crude Steel production of 4.56 lakh tons in March 2009 was higher by 28% over the corresponding month of last year and 39% sequentially over … Read more JSW reports highest ever Quarterly Production in Q4 FY 08-09

Educomp Solutions – Career programs for graduates – Purple Leap

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Educomp Solutions, through its subsidiary Purple Leap, has launched Career center in Tamil Nadu and held a press meet to discuss the prospects of the Purple Leap. Amit Bansal CEO, Purple Leap addressed the meet. Highlights Educomp Solutions has majority stake (76%) in Purple Leap and has become strategic investor to the company. Purple Leap … Read more Educomp Solutions – Career programs for graduates – Purple Leap

Piramal Healthcare To book Rs 71 crore loss in Q4 FY’09

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Piramal Healthcare plans to shut its manufacturing unit in Huddersfield in the United Kindom. The facility generated revenue of 19 million pounds (Rs 135 crore) in FY’09. Company has currently 3 facilities in the UK. The facilities other than Huddersfield are Morpeth & Grangemouth. Both sites will continue to provide services from European geography. Pharma … Read more Piramal Healthcare To book Rs 71 crore loss in Q4 FY’09

Why Banking cash transaction tax abolished from April 1 ?

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In the latest move, the government has abolished banking cash transaction tax (BCTT) from April 1 as decided earlier. Now, the taxpayers will not have to shell out the charges on withdrawal of cash from banks. In the fiscal 2005, the government had introduced 0.1% BCCT on cash withdrawals of more than Rs 50,000 (individuals) and … Read more Why Banking cash transaction tax abolished from April 1 ?