AFL-CIO recently spoke to Steve Greenhouse, author of The Big Squeeze: Tough Times for the American Worker Question: Why did you title your book The Big Squeeze? Greenhouse: I really feel there’s a squeeze on workers. In many ways, corporate America is clamping down on its workers. Wages have been cut over the past few […]
Bajaj Allianz to infuse Rs 500 crore in 2008
Bajaj Allianz Life Insurance (BALI), a joint venture between Bajaj Auto and Allianz SE, said on Thursday it will infuse up to Rs 500 crore capital this year. The company also hopes to sell 4.5 million policies. “Our present capital base is Rs 1,210 crore. This year we will infuse upto Rs 500 crore fresh […]
David Paterson Supports Tax Cap on Real Estate Tax Increases of 4%
Dobbs Ferry. June 5, 2008 Rumor has it that David Paterson, the Governor of New York State, will descend on Dobbs Ferry tomorrow to hold a press conference on his proposed 4% cap on real estate tax increases. It is not clear why Dobbs Ferry was picked as the venue for this media event given […]
2 A.P-based companies win top honors at D&B – ECGC Indian Exporters’ Excellence Award
2 Andhra Pradesh-based companies win top honors at D&B – ECGC Indian Exporters’ Excellence Awards Vaani Carboxy Pvt. Ltd. & Sirius Overseass Pvt. Ltd. among the winners COMPANY SECTOR CATEGORY LOCATION STATE EXPORT REVENUE Vaani Carboxy Private Limited Chemicals, Petrochemicals and Plastics Micro Chittoor Andhra Pradesh 67.1 Sirius Overseas Private Limited Food and Agro Products […]
Senior Citizens : Between a Rock and a Hard Place
India’s elderly population are literally caught between the devil and the deep sea. The government might have provided adequate incentives in the budget for children to buy medical insurance for their ageing parents; but it is not working well. For in the entirely money-driven economy that we live in today, the elderly are not insurable […]
The Supreme Court of India frowns at arbitrary denial of mediclaim policies
The Supreme Court of India has held that renewal of a mediclaim policy, particularly by Senior citizens could not ordinarily be refused on the ground that the insured contracted a disease during the period of existing policy and that they made claims for that ailment. A Bench consisting of Justice S.B.Sinha and V.S.Sirpurkar said a […]
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