Insurance intermediaries with majority foreign stake can't repatriate over 75% as dividend: IRDAI
On the quantum of dividend payable, it said: "The dividend payout ratio shall not exceed 75 per cent. Dividend payout ratio shall be calculated as a percentage of 'dividend payable in a year' (excluding dividend tax) to 'profit after tax during the year'.
What are Bonus Shares?
This is a form of rewarding shareholders from the profit a company earns
Heavy crop-damage payouts likely by insurance firms
Payment for damaged rice, cotton, oilseeds, pulses, sugarcane and horticulture crops will be paid under the Pradhan Mantri Fasal Bima Yoja in which a farmer contributes only 1.5% to 2% of the insurance cost and the balance is shared by the Centre and states. Officials have estimated payout of Rs 4,000 crore in MP, and Rs 1,000 crore to Rs 1,200 crore each in Karnataka and Andhra Pradesh.
The Code on Wages, 2019: Understanding the key changes to wages, remuneration and bonus
The Code has expanded the definition of “employer” as well as “employee”, resulting in a broad based applicability of the regulations and is now applicable to employees in both organised and unorganised sectors.
Karvy Comtrade delays making payouts to commodity clients
Karvy official blames castor fiasco for delay, says payouts of Rs 5.5 crore to 30 clients under process.
Deutsche Bank considers cutting bonus pool by as much as 20%
Germany’s largest lender may reduce discretionary compensation by as much as 20%, outpacing a 5% decline in the bank’s workforce this year, according to people with knowledge of the matter. Sewing and the board still haven’t made a final decision since the fourth quarter isn’t yet over, the people said.
How to use NCB of old car insurance to reduce new car policy premium
The No Claim Bonus (NCB) is given to the policy owner and not to the insured vehicle. Therefore, the NCB cannot be passed on to another name. However, you can use the retained NCB (certificate is issued) when buying a new policy for your new car.
What is term insurance with a monthly payout?
Term insurance with a monthly payout is particularly useful for families with limited financial exposure where there is a possibility of the lumpsum amount being mismanaged or squandered away.
Karvy says completed payouts to clients who complained to PMO on social media
On Saturday and Sunday, Karvy Stock Broking received 53 posts on its Twitter handle.
Deliver and get paid: Management consultancies see result-link payout
Consultancy firms used to operate on fixed-pay models for projects or assignments, which companies had to either take it or leave it. Now payment models of management consultancies have undergone a drastic change with adoption of the result-oriented approach. Now there is a stronger emphasis on outcomes, given the fast pace of change, and returns on investment.
HCL shareholders' approve proposals to hike authorised share capital, issue bonus shares
The company had sought shareholders' approval via postal ballot on October 26 for increase in authorised share capital and consequent alteration of the memorandum of association of the company, and issue of bonus shares.
Singareni disburses Rs 258 cr as performance linked reward to employees
Nearly 41,700 employees got average Rs 1.64 lakh towards bonus and each employee received almost Rs One lakh during the current year.
Arbitration claims stump NHAI as it stares at Rs 18,000 crore payout
Currently, around 180 arbitration cases are going on with claims of highway builders and concessionaires totalling nearly Rs 71,000 crore.
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