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Cambodia launches first ever life insurance
-ANI): Cambodia launched the first ever life insurance here with the official inauguration of Cambodian Life Insurance Company (Cambodian Life) on Monday, seen as another landmark in the kingdom's financial market after the opening of stock market in mid-April. Cambodian Life is a joint venture established on January 10th, 2012 by Cambodia's Ministry of Economy and Finance and four other partners,

Fund mobilisation through preferential issues surges
The Securities and Exchange Board of India’s (Sebi) move to lift restrictions on insurance and mutual funds subscribing to preferential issues of companies has proved to be a boon for India Inc.

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R-Cap turns green, posts Rs 329-cr profit

Aided by the sale of stake in its asset management business to Japan’s Nippon Life Insurance Co, Reliance Capital Ltd (R-Cap), the financial services arm of the Anil Ambani-led Reliance

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Top pvt life insurers shut 1,500 branches in 2 years

With “profitable growth” replacing “expansion drive” as the buzzword in the sector, the country’s top private life insurers have significantly reduced branches and

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Piramal Healthcare like Berkshire Hathaway: Piramal

Sitting in the 10th floor of his corporate headquarters that resembles a mini-Louvre, with its art trove and long corridors, Ajay Gopikrishna Piramal is almost Zen-like in his approach to life and

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World's first vegetarian shark spurns meat for celery sticks

London: Florence, a six-foot nurse shark, is creating ripples with her unusual dietary preferences - she is perhaps the world's only vegetarian shark. Florence may have started life as a

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