The Hindu Business Line : Monday, June 13, 2005

Aviva shows interest in AMP Sanmar Life
THE UK-based insurance giant Aviva Plc has said it is open to acquiring the business of AMP Sanmar Life in the wake of AMP's recently announced plans to exit the insurance business in India. AMP Sanmar Life is a 74:26 life insurance joint ... More

Aviva upbeat on India, plans major expansion
ISTANBUL: Aviva is bullish on its Indian insurance operations. The insurance conglomerate expects its Indian operations to contribute at least 10 per cent of its global operations in the next 10 years. Accordingly, it has chalked out ... More

DEBT MARKET

Insurer interest keeps bond market buoyant
BONDS remained firm last week with life insurers maintaining a large presence, focussing only on high coupon securities. Bankers said the buoyancy in the markets was despite their restricted presence. But the Reserve Bank of India was not ... More

FINANCIAL INSTITUTIONS

APSFC steps up disbursements to entrepreneurs
THE Andhra Pradesh State Financial Corporation (APSFC) has accorded in-principle approval to 38 projects involving financial assistance of Rs 76.97 crore. It has also extended financial assistance of Rs 4.27 crore to 11 entrepreneurs. The ... More

TRENDS

Huge withdrawals made in May-end to avoid tax trail
THE banking industry witnessed a different kind of run on deposits this May-end, and with a different purpose. Feedback from the bank branches to their regional offices show huge cash withdrawals by panicky current account holders who were ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

IT spend on infrastructure spurts

Aviva shows interest in AMP Sanmar Life

Vegoil production likely to scale new peak

Airbus, Boeing ready for battle at Paris

In Russia, opportunity grows on trees

Corporates lured by MFs

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated