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Tuesday, May 10, 2011

List Of Health Insurance Providers In India

Find information on India health insurance companies. Health insurance companies in India are growing in a big way.Following are the list of authorized Health Insurance companies.

Select Bank for Health Insurance -

Apollo Munich health insurance

Bajaj Allianz Health Insurance

Cholamandalam MS health insurance

HDFC Ergo health insurance

ICICI Lombard health insurance

ICICI Prudential Health Insurance

Reliance health insurance

Royal Sundaram health insurance

Star Health Insurance

Life Insurance Providers And Banks In India

Following are the list of Life Insurance companies Authorized By Insurance Regulatory And Development Authority of India to do Life Insurance Business

Select Bank For Life Insurance -

Bharti AXA Life Insurance

ICICI Prudential Life Insurance

Aviva Life Insurance
Aegon Religare Life Insurance

Reliance Life Insurance

Max New York Life Insurance

TATA AIG Life Insurance

Bajaj Allianz Life Insurance

MetLife India Life insurance

LIC Life insurance

Sahara Life Insurance

Future Generali Life Insurance

HDFC Standard Life Insurance

IDBI Federal Life Insurance

SBI Life Insurance

Birla Sun Life Insurance

ING Vysya Life Insurance

Kotak Mahindra Old Mutual Life Insurance

IDBI Federal life insurance

Banks Providing Car Loan In India

Take a look at the car loan offerings by various banks by clicking on the bank names. We will keep adding more banks to this list

Select Bank for Car Loan -

Credit Card Banks And Providers In India

Friday, May 6, 2011

Documents Required For Home Loan & Auto Loan

HOUSING LOANS—

APPLICANTS/ GUARANTOR


1. 3 Passport Size Photographs.

2. Proof of Identity- Voter ID/ Passport/ Driving License/ Pan Card

3. Proof of residential- Electricity/ Phone/Mobile/Credit Card Bill

4. Form-16 with IT return for last 2 years for salaried applicants

5. Latest Salary Slip for last 3 Months.

6. Bank account statement for last 1 year

7. 3 year IT return with computation of Income & Balance Sheet for Non- Salaried

8. Proof of business Address for Non-Salaried.

9. Proof of Assets and Investments

10. Processing fees

11. Advocate fees & Valuation fees

Property Papers:


1. Complete chain of Property.

2. Approved Map/ Plan

3. Detailed estimate of Construction.

4. Agreement to Sale

5. Completion letter from Authority

Auto Loan


1. Quotation from Car Dealer

2. Processing fees-0.5%

Documents Required In Takeover Cases


1. Sanction Latter

2. Complete chain of property

3. Fore Closer Letter

4. Loan Account statement

5. List of Documents held with bank

Please bring original document along with Photocopy

Wednesday, May 4, 2011

Again Fuel Price Hike

Three state-run oil marketing companies rose by 1.48% to 3.30% on BSE on reports an Empowered Group of Ministers headed by Finance Minister Pranab Mukherjee is scheduled to meet on 11 May 2011 to mull on a hike in fuel prices.

State-owned Bharat Petroleum Corporation (up 3.30%), Hindustan Petroleum Corporation (up 1.69%) and Indian Oil Corporation (IOC) (up 1.48%), rose.

According to reports, the government plans to hike diesel prices by up to Rs. 3 a litre soon after the Assembly elections in five states are over next week, while an equivalent steep increase of Rs. 3-4 a litre in petrol rates is also on card. Polling in the last phase of Assembly elections completes on 10 May 2011. Reports suggest that an increase in domestic LPG prices may also be discussed at the Empowered Group of Ministers (EGoM) meeting.

Ranbir Singh Butola, chairman of IOC, was last month quoted by media as saying that IOC was losing Rs. 18.11 per litre on diesel, Rs. 28.33 a litre on kerosene and Rs. 315.86 per cooking gas cylinder. Butola had said that IOC was losing money on petrol but declined to put a number to it since the fuel was deregulated and the company was not supposed to get compensation from the government for keeping pump prices artificially low.

A hike in petrol prices will boost the finances of state-run firms since crude oil prices have soared to above $110 per barrel in the international market. US crude futures were down 0.05% at $111 a barrel today, 4 May 2011.

Afghanistan: Pakistan Had To Know Bin Laden There

KABUL, Afghanistan — An Afghan official says Pakistan must have known Osama bin Laden was living in the military garrison town near the capital Islamabad.

The statement makes Afghanistan the latest in a series of countries throwing suspicion on Pakistan following the deadly strike against the al-Qaida leader.

Defense Ministry spokesman Gen. Mohammad Zahir Azimi said Wednesday the powerful Pakistani intelligence service had to have known bin Laden was living in the house in Abbottabad, because of its proximity to military installations.

Azimi says bin Laden's house was close to the gate of the Kakul Military Academy, where top Pakistani officers train. And many neighboring houses are home to military officials.

Wednesday, April 20, 2011

New Rocket Launched By ISRO

The new rocket launched today by the Indian Space Research Organization (ISRO) comes with three satellites and costs Rs 230 crores. One of the satellites - the ResourceSat-2 will help map forests glaciers, and monitor crop yields.

But is this what India really needs? Experts point out that India already has the largest constellation of 10 civilian remote sensing satellites in the world. And the government's auditor has reported that almost 90% of the photographs and images delivered by ISRO's satellites are not used. Many of these images are needed both by the government and private sector especially for development of infra-structure like roads, airports and town planning.

The report of the Comptroller and Auditor General of India (CAG) highlights that despite the abundance of data available via satellite images, a wasteland mapping project undertaken by ISRO had been delayed by 14 years. The project was to help in rural development.

The auditor has also found that the place where data from the satellites is processed - the National Remote Sensing Center in Hyderabad - is showing worrying levels of inefficiency as images are not being processed fast enough.

At a press conference today, ISRO chairman K Radhakrishnan admitted that `the findings of the CAG were one hundred percent correct.'

The criticism directed at ISRO is boosted by a comparison to two similar American remote-sending satellites - Geoeye and Digital Globe - both of which use as much 90% of all the images they collect.

HCL Technologies

HCL Technologies , India's fourth largest software services firm, on Wednesday posted a better-than-expected 33 per cent rise in net profit for Jan-March, boosting its shares nearly 10 per cent to their highest in more than a decade.

The company reported a net profit of about Rs 4.68 billion in Jan-March, while revenue rose 31.5 per cent to Rs 41.38 billion.

Profit was expected to rise 25 per cent to Rs 4.3 billion, according to a Reuters poll of 17 analysts. Revenue was seen at Rs 40.79 billion.

Shares of the company, which the market values at $7.34 billion, rose as much as 9.8 per cent to a 11-year high of Rs 522.35, in a Mumbai market that was up 0.77 per cent. The BSE IT index was up 1.6 per cent.

At 10:15 a.m, the stock was at 7.95 per cent at Rs 513.4. HCL's business outside Europe and the Americas grew as much as 81 per cent. All its service offerings also showed strong growth of 34-43 per cent.

Net employee addition -- a key parameter of the IT sector's health -- stood at 1,153 for the period, taking the total headcount to 73,420.

HCL also said it bought certain software assets from Citibank International Plc during Jan-March for $26 million, revenues from which are expected to come from the middle of its fourth quarter this year.

Through the deal, HCL is also taking over 41 employees from Citi and an "assured revenue stream" of $135 million spread over 10 years, HCL said in a statement.

Earlier this week, Infosys Technologies Ltd , the No.2 player in the Indian IT sector, sparked worries about the sector's growth after it forecast annual sales lower than expected on slower client spending.

A slew of brokerages downgraded the target price of the Infosys shares, citing concerns over its earnings and annual forecast that came in below expectations.

Jan-March is a seasonally weak quarter, as clients generally finalise their budgets for the next fiscal during this period, leading to a spurt in spending in the first two quarters of the upcoming fiscal year.

A slight depreciation of the rupee against the dollar, making up for a dip in utilisation rates, somewhat aided HCL's core operating (EBITDA) margins for the period, improving by about 1 per centage point from the December quarter to 17.3 per cent.

The rupee weakened about half a per centage point against the dollar during Jan-March.

Indian software companies, which get most of their earnings in foreign currency, hedge some of the risk, but with a chunk of their costs being in rupees, currency appreciation tends to squeeze margins.

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