SBI Life to launch India’s first billion-dollar IPO in seven years

SBI Life to launch India’s first billion-dollar IPO in seven years

SBI Life Insurance Co will launch next week what will be India’s first billion-dollar initial public offering since 2010, paving the way for a record-setting year for IPOs in the country. SBI Life, a unit of top Indian lender State Bank of India (SBI), will open the share sale to the public on Sept. 20 and close it on Sept. 22, according to a filing. The shares, that will begin trading Oct. 3 will be sold in a price range of 685-700 rupees apiece, raising as much as 84 billion…

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Raghuram Rajan speaks on demonetisation, economy and life after RBI: Full text of interview

Raghuram Rajan speaks on demonetisation, economy and life after RBI: Full text of interview

Economist and former RBI governor Raghuram Rajan speaks to HT about the impact of demonetisation, the benefits of GST, Indians’ knack for ‘jugaad’ and working on building a liberal arts university in India. Q: Many congratulations on your new book. Already a lot of debate has been generated, specifically on demonetisation. I know you want to talk about a lot of things, but a few questions that still remain unanswered… A: That will remain unanswered. Q. You have talked about an RBI note to government on the preparations and the time required for demonetisation. Can you…

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Eat fatty foods like cheese and butter if you want a long, healthy life

Eat fatty foods like cheese and butter if you want a long, healthy life

People who consume foods that are low in fats but high in carbohydrates may be at an increased risk of an early death as compared to those who consume fat-rich foods such as cheese and butter, a study has claimed. The findings, published in the journal Lancet, showed that contrary to popular belief, consuming a higher amount of fat – about 35% of energy – is associated with a lower risk of death compared to lower intakes. The association was seen for all major types of fats – saturated fats,…

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Sahara to move court against IRDAI’s decision on life insurance business

Sahara to move court against IRDAI’s decision on life insurance business

Chennai: The Sahara group on Sunday said it would approach the court against insurance regulator’s order of transferring life insurance policies of Sahara India Life Insurance Company Ltd to ICICI Prudential Life Insurance Company Ltd. In a statement, the group said: “Sahara will pursue its remedy, against such approach of IRDAI, in the court of law.” “IRDAI (Insurance Regulatory and Development Authority of India) appointed administrator for the reason best known to them and the said administrator secretly submitted a report to the IRDAI for transferring the business of Sahara Life…

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What’s Your Child’s IQ? Higher the Score, Longer May Be Their Life

What’s Your Child’s IQ? Higher the Score, Longer May Be Their Life

IQ or Intelligent Quotient is a test of series which usually determines what’s an individual’s thinking capacity, or how smart he or she is. In standard IQ tests, the system of scoring is such that the raw median score is defined as 100. Most people score between IQ 75 to IQ 125. About 5 per cent people score above IQ 125, who are considered to be very intelligent, and 5 per cent score below IQ 75, who are less than average. Einstein is said to have had an IQ score of 160-190….

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Poverty Versus Obesity and Alcohol: What’s More Deadly for Your Life?

Poverty Versus Obesity and Alcohol: What’s More Deadly for Your Life?

We know that lifestyle diseases are on the rise. There are several reports published daily, bringing to light various causes, symptoms, preventive measures and other facts to spread more awareness about the consequences of our lifestyle choices, and how major diseases like diabetes, obesity, cancer, etc are killing thousands every year. We also read how in our chase for making money we are neglecting are health, which then contributes to stress and other ailments. All that money you earn can’t really buy you life, but it perhaps helps in more…

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Go for a life audit

Go for a life audit

Where is our life headed? It’s a question we all ask ourselves as we step into a new year. Let 2017 be the year when you take up your life’s ledger and do an audit. Times Life tells you how… A new year has a way of making us happy and sad at the same time. As we spend time around our family, party with friends, there’s also that knot in the tummy, that nagging thought that doesn’t leave us. Will this year be any better or worse than the…

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Good news! That cuppa coffee is key to your long life

Good news! That cuppa coffee is key to your long life

The finding that coffee drinkers tend to live longer than people who abstain has long puzzled scientists. US scientists believe they’ve found the answer – and it’s to do with caffeine. It helps to block chemicals in the blood that promote inflammation, they say. The study was published in Nature Medicine. Drinking coffee and tea may help people to live longer by reducing chemicals in the blood that can trigger heart disease, researchers have found. Now researchers at Stanford University believe they may have hit on a reason why having…

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I started living my life to my highest potential: Malini Ramani, fashion designer-turned-yoga guru

I started living my life to my highest potential: Malini Ramani, fashion designer-turned-yoga guru

I started living my life to my highest potential: Malini Ramani, fashion designer-turned-yoga guru This New Year, we start a column on people whose life has been transformed by walking the spiritual path I’ve been learning yoga since I was six years old. My mother had gifted a children’s yoga book and I started experimenting with fun poses. The journey from being a learner to a teacher of yoga has changed my life. It was in 2006 that I turned to spiritual yoga – more meditative. The transformation from a…

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Modern Life, Bad Habits: Africa Faces Deadly New Illnesses

Modern Life, Bad Habits: Africa Faces Deadly New Illnesses

When Rose Kariuki first felt a lump on her left breast, the spectre of cancer — a disease she had only heard of on television — was the last thing on her mind. “To me, cancer was nowhere near us. It was shocking, I feared death, I feared so many things,” the 46-year-old Kenyan school teacher told AFP. Rose is one of a growing number of Africans suffering from cancer, one of the lifestyle diseases — along with diabetes and heart problems — proving increasing deadly on the continent. A…

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