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Insurance agents oppose elimination of commission
About 25 lakh life insurance agents have opposed the recommendations of Swarup Committee on elimination of upfront commission paid to advisers. "Implementation of the recommendation will make the role of 25 lakh life insurance agents working with LIC and private insurers redundant and adversely affect crores of people who are dependent on them," Life Insurance Agents" Federation of India President H M Jain told reporters here. generic levitra

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Godrej Industries signs MoU with group companies
Godrej Industries, leading chemicals manufacturer and exporter of chemicals products, has entered into a memorandum of understanding (MoU) with Godrej & Boyce Mfg Co and Godrej Properties for development of the property at Vikhroli.

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Intrasoft Tech files DRHP with Sebi
Intrasoft Technologies, which runs greetings card website 123greetings.com, will enter the capital market to raise funds and has filed draft papers with market regulator Securities and Exchange Board of India (Sebi).
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Australia assures safety of Indian students

Australia’s Deputy Prime Minister Julia Gillard has said the country is committed to the education revolution involving international students. - A good beginning - Sibal, central advisory body chalk out education agenda - HRD ministry working on reform details - "Zero tolerance for racial attacks on Indian students in Oz" - Rs 31,000 cr to upgrade higher education sector - Crack down on bogus education agents, Australia tells India “For the welfare of Indian students in Sydney and Melbourne, we have responded by increasing police control. We are working with the Indian community and students particularly to ensure their safety,” Gillard, who is on a five-day visit to India on a mission to reinforce Australia’s reputation as a culturally diverse and safe destination for international students, said here today. Gillard is also the education minister and minister for social inclusion in Australia. The racial attacks on Indian students in Sydney and Melbourne earlier this year led to India demanding protection for its 95,000-strong students in that country. International education is the third largest source of overseas earnings for Australia, generating around $12 billion in 2008 and supporting more than 125,000 jobs. “Indian students are welcome in our country and this was also a part of the discussion I had with Union HRD Minister Kapil Sibal,” assured Gillard while addressing a conference at the Indira Gandhi National Open University. In an attempt to ensure that only premier education providers remain in the country, as some Australian private colleges were offering sub-standard education, Gillard said her government was conducting an audit to regulate such institutions.


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