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Saturday, April 25, 1998
  US insurance companies offer policies on the Net
Now insurance products have gone on-line too. That is, customers can buy the insurance products over the internet through a website called WebsureSM. There's an added advantage in this - one doesn't have to wait for any offices to open in the morning, nor does he/she have to explain things to the dealing clerk. All that a customer has to do is go to the Net.
  Job analysis can build quality service
There are four facets to job analysis: job descriptions, job specifications, job design and job evaluation. The first of these, the job description, defines the role of the person, the duties and responsibilities of the individual in that job.

Linking up profits using individual operators
On the surface it looks like a good way to make easy money. But the chains could have you tied up. The newest entrant to the direct marketing field, Amway India Enterprises, proposes to reintroduce the chain (also known as pyramid) marketing scheme, which was successfully adopted by chit fund companies of yore, and rewrite the direct marketing concept in the country.
Electronic check on employees
Companies are increasingly using smart card, a credit card sized plastic card with an embedded micro-chip for uses as diverse as recording employee attendance and inventory control. The micro-chip not only stores data but also holds security keys and encryption algorithms which facilitate privacy and secrecy.


LIC

Syndicate Bank

NCPRB

 

Alliance '95 unveils growth option for unitholders
Alliance Mutual Fund's balanced fund, Alliance '95 has incorporated a growth plan for existing and prospective unitholders seeking tax reliefs. Unitholders under the growth plan will not receive dividends but will benefit from capital appreciation. The growth plan will also enable unitholders to take certain tax benefits.

UTI launches interval fund UGS 10000
Unit Trust of India (UTI) has launched an interval fund, UGS 10000. Initially, the fund is being exclusively offered to unit holders of UGS 2000 and UGS 5000. The unitholders can apply to a minimum of 500 units and a maximum of 1000 units. The issue size is Rs 1317.87 crore.

 


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