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Why ULIP is the most beautiful thing to happen

By Tensing Rodrigues
Unit Linked Insurance Plan (ULIP) is the most beautiful thing to happen in the domain of life insurance in India, since the discovery of insurance! Yes that is how I opened my article last Tuesday about the New Pension Scheme as well. I mean it.

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ICICI Bank starts wealth management services

PANAJI: Wealthy and high net worth customers in the vicinity of Caranzalem and Dona Paula can now look forward to ICICI Bank’s latest service in wealth management inaugurated by the Chief Secretary, Mr Sanjay Srivastava and president of Goa Chamber of Commerce and Industry, Mr Cesar Menezes on Wednesday.

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Decks cleared for 3G launch

NEW DELHI: Decks were cleared on Wednesday for launching 3G mobile and broadband services in the country, with the government allocating air waves to private operators after making certain amends to the licence terms.

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ECONOMIC SCAN

Sensex surges by 235 pts

MUMBAI: The BSE benchmark Sensex bounced back smartly by 235 points on Wednesday, with heavyweights RIL and Infosys leading the gains on frantic buying by fund houses amid firm global cues and impressive GDP growth.

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MPT acts to eliminate coal pollution

PANAJI: In a major corporate social responsibility (CSR) initiative, Mormugao Port Trust (MPT) has taken a decision to mechanise the entire coal handling operations at berth No 11 which is adjacent to Vasco, said a press release.

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GSL seeks land to build new shipyard

PANAJI: Sitting on order books of ` 2,000 crore, the Goa Shipyard Limited (GSL) is seeking land to build a new shipyard as part of its ambitious plan to grow by 50 per cent, and to take advantage of global shipbuilding market projected at $20 billion which is gradually shifting to India, according to senior GSL officials.

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