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Action against the hospitals to treat costly

IRDA Sebi Insurance Regulatory and Development Authority India

Irda (Insurance Regulator Development Authority) has planned to check the Hospitals which are charging high fees for the treatment on stilted manner. In the starting the irda has a list of 30 thousand hospitals of the country. Expenditure on various treatment will not only monitored, but also insurance companies will make pressure on the hospitals to reduce the fees Irda has existed 30 thousand hospitals in its list whereby all hospitals has a unique ID. Not only this irda has prepared data on the basic of the PIN-code of the hospitals. The next step of irda will be to keep an …

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Country’s first female bank started

Prime Minister Manmohan Singh   inaugurated the country’s first female bank  Indian female  Bank Limited in Mumbai on Tuesday . The primary objective of the establishment of the Women’s Bank needs of women, particularly in view of providing banking products. Under normal savings account from 0.50 to 1.0% higher interest than banks can get to the option holders. SBI’s profits down by  33%  Prime Minister Manmohan Singh said  at the opening of the Bank will provide financial services to women and their self-help groups. They hope that through female bank would increase women’s participation in financial inclusion goals. At the beginning of the …

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Economy ‘the worst time’ left behind: Adi Godrej

Godrej industries chairman Adi  Godrej said on Monday that The worst time in the economy is over and India’s economic Improvement in the growth will come from next year and the investors 3 . In 5 years it Will benefit. Godrej here in a program said , ‘the worst Round has ended. It seems to me that in the coming years of India Improvement in GDP growth rate would come. ‘ It is noteworthy that India’s economic growth rate has come down in 2012 – 13 most of the decade Five per cent on lower level. In 2013-14 the first …

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Show your house owner furnishes a PAN

A circular issued last month by the Central Board of Direct Taxes (CBDT) has mandated that tenants will have to produce their house owner’s Permanent Account Number (PAN) for house rent allowance (HRA) exemptions of Rs 1 lakh or more annually, which works out to a rent of Rs 8,333 or more monthly. In other words, if paying a monthly rent of more than Rs 8,333, you must furnish the PAN details of your house owner to your employer. Two years earlier, the Board had issued a similar circular, asking tax payers to produce a rent agreement or the PAN …

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Azim Hashim Premji donated 8,000 million

Indian IT giant Azim Hashim Premji is at the forefront of donors. Harup report issued by China Inc. ‘Aaron India Philanthropy List 2013 “the most generous in giving to charity Azim Premji. Premji donated Rs 8,000 crore last year. The list of donors in India Shiv Nadar of HCL is in second place, who donated Rs 3,000 crore. GMR Waralkshmi 740 crore for education through the Foundation by donating GM Rao is the third most generous corporate donors are Indian. The list Nandan and Rohini Nilekni to donate 530 million won fourth place. harun reports the Indian education is an important …

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SBI’s profits down by 33%

Finance in the second quarter of the country’s largest bank, State Bank of India ( SBI ) in profits fell 33 per cent to Rs 3072.77 crore in the corresponding period of last fiscal year was in the back of the net profit of Rs 4575.31 . Bank profits fall so heavily involved in the provision of credit has to go . The bank’s earnings and the increase in the annual 53118.63 crore compared to Rs 49917.47 crore reached Arundhati Bhattacharya will be the new chairperson of SBI Mahindra’s net profit rose 9.72 per cent M & M in the …

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IBM’s third-quarter profit rose 6 percent

IBM said its third-quarter net profit rose 6 percent, but it could not land turnover Wall Street’s expectations. The company’s shares fell businesses grew. The company posted a profit of $ 4.04 billion in the same period in the previous year, he had a net profit of $ 3.82 billion . Per share increased from $ 3.33 to $ 3.68 per share was received . One-off charges be dropped if the company’s earnings per share were $ 3.99 per share to $ 3.96 per share that Wall Street ‘s estimates above . However, the company’s revenue fell 4 percent to …

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HCL Technologies net profit up 63.8 percent

India’s fourth largest software services exporter HCL Technologies ‘s consolidated net profit September 30, 2013 ended the quarter rose 63.8 per cent to Rs 1,416 crore. The company said in a filing to the Bombay Stock Exchange in the same quarter last year, it had a net profit of Rs 864 crore. The company said its consolidated revenue in the quarter rose 31.2 per cent to Rs 7961 crore to Rs 6069 crore in the same period last year was. HCL Tech Chairman Shiv Nadar said , ” HCL encouraging economic trend of this kind of result underscores the strong position …

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Maruti cars will be expensive up to Rs 10,000

The country’s largest car maker Maruti Suzuki India has decided to increase the price of all its models. Maruti on all models from the first week of October 3000, the price will increase to Rs 10,000. Maruti Suzuki India Mayank Pareek said COO costs increased due to weak rupee sometime we were going to appreciate. Although the market was not favorable. But now it has become necessary to increase. Pareek said the price increase amounts vary according to different models and versions. This increase will be effective from the first week of October. He rose from Rs 3,000 to Rs …

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Arundhati Bhattacharya will be the new chairperson of SBI

Soon you can get the news that the country’s largest bank, State Bank of India (SBI) has been appointed as the next head Arundhati Bhattacharya. Her current MD and CFO of SBI Bhattacharya appointed as the Chairperson of the Finance Minister P Chidambaram has given its approval. Now only the Appointment Committee of the Cabinet (ACC) is yet to be cleared. It may be announced by the end of September. SBI chairman Pratip Chaudhuri current is going to retire until September. Prime Minister’s Office is to be announced by the new chairman.

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