RUSHABH GANDHI

Gandhi said the "IPO plan has been deferred but not shelved", and will align with market conditions, which are expected to be more favourable 18 months from now. The company's earlier attempts were hindered by regulatory and market uncertainties.

IndiaFirst Life Insurance has announced the elevation of Rushabh Gandhi, currently the deputy CEO, as its new MD and CEO. Gandhi, with over 29 years of experience in Indian and international markets, will succeed R.M. Vishakha, who is retiring on Ju...

The insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer higher commissions to distributors for annuities compared to ULIPs and increase the sale of such products.

According to India Inc. the Union Budget for 2023 is an all-inclusive progressive budget with a strong impetus on growth and development. From the incentives for agricultural space, boost to MSMEs, healthcare to changes in tax slabs, here's what Ins...

These amendments will take effect from 1st April, 2024 and will accordingly apply to the assessment year 2024-25 and subsequent assessment years. Earlier ULIPs having premium payable exceeding Rs 2,50,000/- were excluded from the exemption under cla...

Other terms of reference of the committee include review investment avenues available for FPIs and advise on feasibility of new investment avenues. The panel will be required to recommend measures for simplification of FPI regulations and to advise ...

The committee of CEOs formed to recommend changes in finance, costing and policies of insurance had recommended that the exact amount of commissions charged on each policy should be mandatorily printed in the interest of transparency.

Commenting on the circular, Kapil Mehta, co-founder, SecureNow, said the IRDAI's decision is a very good development because it gives insurers the flexibility to invest into different assets and improve their returns over the long term. "And since t...

Earlier, the premium paid on insurance policies bought by parents of differently abled children or dependants qualified for deduction under Section 80DD only if the annuity or lump sum was paid to the disabled child on the death of the policyholder.

Depending on the severity of infection and whether hospitalisation was required, companies are also demanding extra medical tests including chest X-rays to offer a term plan for people who have no existing policies.

Max Life, PNB MetLife, ICICI Prudential Life, HDFC Life, Kotak Life and Tata AIA are among the firms that are reportedly enforcing stricter underwriting norms for companies seeking life covers for their staff. Higher mortality risks due to the pande...

Brokers and insurers have seen the demand for guaranteed covers spike 15-20% in the last quarter of FY21, according to industry insiders at a time when equity-linked investment instruments too have displayed high levels of volatility keeping risk av...

Rushabh Gandhi wants to discover New Zealand with his family.

Experts say if the anomaly in the tax treatment of annuity is fixed, it could encourage more people to opt for pension.

As the Finance Minister and her team sit down to prepare the Union Budget, here are some ideas worth including in the Bill. Most are to taxpayers' benefit but some of the ideas, like lowering the TDS exemption threshold on interest income, may not p...

"The pandemic will change the landscape of the insurance industry. The cost base of insurance companies will go down. It will go down because will only incur the expenses which are critical and expenses which are 'luxurious' will reduce extensively,...

Rushabh Gandhi and his team have shifted to work casuals made of easy breathable fabrics.

Although a start has been made, it's better to wait until more such plans are launched.

A non-linked, participating, deferred pension plan with a guaranteed return of 9 per cent on premiums paid has been launched by IndiaFirst Life Insurance.