Amity, Max New York to offer insurance management course

September 30th, 2009 JPMorgan shuffles investment banking managementNEW YORK — JPMorgan Chase is shuffling the management duties of its investment bank and asset management units. The New York-based bank holding company says Steve Black will become executive chairman of the investment bank business.

September 5th, 2009 AIG selling asset management unit for $500 millionNEW YORK — American International Group Inc. said Saturday it reached a deal to sell a portion of its asset management business to a Hong Kong-based investment firm for $500 million.

September 3rd, 2009 NOIDA - An 18-year-old engineering student of Amity University drowned in the college swimming pool Thursday, police said. Justine John Xavier, a first year B.

August 16th, 2009 Sebelius: Public insurance option not essentialWASHINGTON — President Barack Obama's health secretary is suggesting the White House is ready to accept nonprofit insurance cooperatives instead of a government-run public option in a health overhaul plan. A Republican senator says that is worth looking at.

August 14th, 2009 Yanzhou Coal makes bid for Felix ResourcesNEW YORK — Yanzhou Coal Mining Co. of China said Thursday it made an offer for Australian coal miner Felix Resources Ltd., and Felix Resources says it board of directors supports the bid.

August 12th, 2009 Lawmaker health insurance costs at a glanceLawmakers in many states enjoy free or heavily subsidized health insurance paid for by tax dollars, even as the recession claims the jobs and health benefits of millions of workers who elected them. The disparity is creating a backlash in some states to cut back lawmakers' health benefits.

August 3rd, 2009 NEW DELHI - Raising the foreign equity cap in the insurance sector to 49 percent will not lead to losing management control, the government informed parliament Monday. "Increase in foreign equity holding limit to 49 percent in the insurance sector would not result in change in management control automatically," said Minister of State for Commerce and Industry Jyotiraditya Scindia in the Lok Sabha, the lower house of parliament.

August 1st, 2009 NEW DELHI - Amity, a leading education-oriented group, will become the first from India to open two new business and management-oriented campuses in London and Singapore. Announcing this new initiative, Atul Chauhan, CEO of AKC Group of Companies and President of Ritnand Balved Education Foundation, said the two campuses were being set up in a European and South East Asia environment with the specific objective of attracting students of those regions to experience the best of the West and East in terms of education.

July 29th, 2009 Apax Partners begins tender offer for BankrateNEW YORK — Private equity firm Apax Partners launched a cash tender offer at $28.50 a share Tuesday to acquire all outstanding shares of consumer finance Web site operator Bankrate Inc. The value of the proposed transaction, which was announced last week, is roughly $570.8 million, excluding transaction fees and expenses, according to the companies.

July 27th, 2009 Friends Provident ends talks with ResolutionLONDON — British insurance and pensions provider Friends Provident PLC said Monday it has ended talks with buyout firm Resolution Ltd. over a 1.7 billion pound ($2.8 billion) takeover, rejecting a sweetened offer as "wholly inadequate." "The board sees no basis for further engagement with Resolution and has terminated discussions," Friends Provident said in a statement to the London Stock Exchange.

June 1st, 2009 New Delhi,June 1 (ANI-Business Wire India): Max New York Life Insurance, one of India's leading life insurance companies, today introduced the 'Lifeline Healthy Family' a health insurance plan, the most comprehensive long term insurance coverage for hospitalization, surgeries and critical illness for the entire family under one single policy. With the launch of 'Health Family' Max New York Life also became the first and the only company to offer benefits for congenital disorder.

April 1st, 2009 NEW DELHI - Getting right information about loans, credit cards and insurance has now become an one-click affair. Mango Network, a leading digital advertisement and entertainment network company in India, has launched a personal finance service portal - ww.MyIndiaFinance.com.

March 25th, 2009 NEW DELHI - Max New York Life Insurance has been declared one of India's strongest consumer brands by Superbrands India, an independent brand authority, formed with the objective of identifying and paying tribute to exceptional brands. The Superbrand status has been conferred after an extensive and robust selection process.

December 22nd, 2008 KOLKATA - Around 99 percent of Kolkata-based National Insurance Corp and 76 percent of General Insurance Corp non-management staff stayed away from work Tuesday in support of a nationwide insurance sector strike. Employees unions claimed 98 percent of Life Insurance Corp's non-management staff in the eastern region also participated in the strike.

December 22nd, 2008 AGARTALA - Over 1,700 insurance employees in the northeast went on strike Tuesday as part of a nationwide protest against the government's move to raise foreign direct investment (FDI) in the insurance sector. More than 1,700 insurance employees belonging to 22 branches of Life Insurance Corp of India (LIC) and the General Insurance Corp (GIC) in Tripura, Manipur, Mizoram and Assam took part in the strike, said Dipankar Chakraborty, a spokesman of the All India Insurance Employees Association (AIIEA).