LIC offers cancer cover with sum assured up to Rs 50 lakh

Life Insurance Corporation of India (LIC) on Tuesday announced the launch of a cancer cover as a health insurance policy with sum assured ranging from Rs 10 lakh to Rs 50 lakh. The ‘Cancer Cover’ policy, which can be taken by those in the age group of 20 to 65, was a non-linked plan with… Continue reading LIC offers cancer cover with sum assured up to Rs 50 lakh

L&T, Godrej, HAL, Isro to sign pact to build PSLV rockets

Larsen & Toubro, Godrej and Hindustan Aeronautics Ltd will join a consortium, being put together by Indian Space Research Organisation (Isro), to build Polar Satellite Launch Vehicles (PSLVs). The vehicles will launch small satellites, and the first launch is being planned by 2020. A pact is to be signed by January for this initiative, said… Continue reading L&T, Godrej, HAL, Isro to sign pact to build PSLV rockets

Oppo to set up Rs 2,200-cr smartphone manufacturing unit in Greater Noida

Smartphone maker Oppo Mobiles is planning to invest around Rs 2,200 crore in India for a mobile phone manufacturing facility. The proposed investment will be at Greater Noida. The company has submitted documents related to the proposed project to the Environment Ministry and said that the net amount required for the establishment of the second… Continue reading Oppo to set up Rs 2,200-cr smartphone manufacturing unit in Greater Noida

October is very special month for me: Nagarjuna

Actor Akkineni Nagarjuna says the month of October is special for two reasons — his son Naga Chaitanya is getting married and the his forthcoming Telugu horror-thriller “Raju Gari Gadhi 2”, in which he plays a mentalist, is set for release. Chaitanya is marrying actress Samantha Ruth Prabhu on Friday in Goa. “This is a… Continue reading October is very special month for me: Nagarjuna

‘Baahubali’ steered its way through many problems: Producer Shobu

Producer Shobu Yarlagadda must be buoyed by the phenomenal success of S.S. Rajamouli’s “Baahubali” franchise. But he says the film steered its way through many problems to emerge successful. Speaking at the Indian Film Festival of Melbourne which concludes on Tuesday, Yarlagadda spoke about the problems he faced while making his movies. Rajamouli and Yarlagadda… Continue reading ‘Baahubali’ steered its way through many problems: Producer Shobu

Thousands transferred at SBI, many branches closed, yet no protest

India’s largest lender, State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been transferred beginning this fiscal, but, strangely, there have been no major protests, top officials said. Several hundreds of offices would be closed and thousands of staff would be moved in… Continue reading Thousands transferred at SBI, many branches closed, yet no protest

City Union Bank Q1 net up 14% at Rs 140 cr

City Union Bank (CUB) has reported a net profit of Rs 140.32 crore during the quarter ended June 30, 2017, as compared to Rs 123.52 crore, a year ago, an increase of 14%. The bank is planning to seek shareholders approval for a Rs 500-crore Qualified Institutional Placement (QIP). N Kamakodi, managing director and chief… Continue reading City Union Bank Q1 net up 14% at Rs 140 cr