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Trichy, Tamil Nadu, India
Working as an Assistant in LIC of India, Rockfort BO, Trichy, TN. Having a strong belief that LIC's welfare is our welfare and always trying to work towards that. Also functioning as an office bearer of AIIEA Thanjavur Division.

Monday, January 31, 2011

Pvt. Life Ins. Cos. Plan to close 5-10% Branches

"Only LIC is growing and can sustain its current cost structure,” said an actuary of a private life insurance company
After a tough quarter, insurance companies are going through a second round of cost rationalisation. A number of private sector insurers are planning to cut costs, as much as 20 per cent, in the next few months.
The first move being planned is closure of branches in not-so-productive areas. Life insurance officials said many companies were looking at reducing the number of branches by 5-10 per cent because of high maintenance costs. “In the current

Sunday, January 30, 2011

Profit is the only motive of Private!





January 30,2011 | Last update 1 day ago








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Mr Ameet Patel, Chartered Accountant and Tax Partner at SKP Group, delivers the talk on 'Tax Returns and Scrutinies', at the Moneylife Knowledge Centre on 18 January 2011.


Gautam Shah, managing partner of Gautam Shah & Associates, Chartered Accountants, discussed good governance and legal compliance issues for NGOs at a workshop hosted by Moneylife Foundation


Mr Dewang Neralla, Director, atom Technologies conducted an interactive workshop on ‘Understanding Mobile Commerce’ on 11 December 2010


Moneylife Foundation along with Mr Arun Thukral, MD, CIBIL, conducted an interactive session on credit history and how to improve credit score of an individual, on 30th November 2010.


Mr PV Subramanyam, a financial trainer and chartered accountant, engaged an enthusiastic audience on the basics of building wealth, in association with Moneylife Foundation on 9th November


Moneylife Foundation conducts it's second successful workshop in Pune titled 'Investor, Empower Yourself!' on 23rd October 2010


Moneylife Foundation along with Jayesh Desai conducted an interactive workshop on Wills, Nominations and Transmission on 9 Oct 2010


Moneylife Foundation along with Mr. Rohan Dukle conducted an interactive workshop on Insurance and Senior Citizens on 25th September 2010.


Moneylife Foundation's workshop in Pune titled 'Investor, Empower Yourself!' on 14th August 2010


Moneylife Foundation conducts a workshop on How to be Safe and Smart with your money at Borivali on 8th August 2010


Moneylife Foundation & the Centre for Advancement of Philanthropy conducted a workshop on 'Legal Compliances (under the Trusts & Societies Act, Income Tax & FCRA) & Good Governance For NGOs' on 16 Jul


Moneylife Foundation conducted an interactive workshop on managing mutual funds and other investments on 19 June 2010. The event was sponsored by IDBI Mutual Fund. Click here for more pictures.


Moneylife Foundation conducted an interactive workshop on Banking Services on 15 May 2010. It was chaired by Kaza Sudhakar, chief general manager, customer services department, RBI. Click here for mor


Moneylife Foundation conducts financial literacy workshop for women (26 March 2010).


Moneylife Foundation conducted a special financial literacy workshop for women on the occasion of International Women's Day (8 March 2010)


Moneylife Foundation organised an open discussion on "Budget and You" on 27 February 2010. The participants were presented with a detailed analysis of the implications of the Budget proposals.


Sanjay Nirupam, Member of Parliament, inaugurating the Moneylife Knowledge Centre on 6 February 2010.


Moneylife, in association with Reliance Mutual Fund, organised the Big Ideas Essay Contest on “Taking Financial Markets to the Masses,” on 5 December 2009.
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Bharti Axa Genereal Insurance Co. has not accepted Bharti Airtel's Group Health Policy!
(Pvt. Cos. are not offering policies even to their parent Cos. if there is no profit!!)

Dr Amarnath Ananthanarayanan, CEO and MD, Bharti AXA General Insurance, says that hospital frauds are more prevalent than