Issues dealing with consumer rights
A firm based in Chandigarh had taken policies from New India Assurance Company Limited for covering their factory premises. In 2004, due to rain, there was a flood in the company premises, and the firm promptly informed the insurance company. The insurance company sent a surveyor, then another, and then a third one; and from [...]
In India, if you have bought a flat from a builder that in under construction, then the one fact that is assured is that these flats are never ready in time. So, a flat that should be ready in 18 months could go upto 24 months. This has repercussions on the buyer; they may have [...]
Imagine needing some money, and yet being in a position where you are unable to move out of the house to go to the ATM or to the bank branch. This can easily happen, if you caring for someone at home, or some work is getting done at home, or the branch is located at [...]
This is the age of free credit cards, and numerous other ‘low rate’ services, so how would you feel if you were told that credit cards charge the highest interest rates in the world, and that banks have collectively charged Rs. 6,000 crore extra from credit card consumers in the last 10 years? Not made [...]
Around a month back, ICICIDirect started sending me messages on my cell phone regarding its IPO tips. And not once, but in duplicate or triplicate. Now, I really don’t depend on ICICIdirect for my IPO tips, and in fact, I don’t invest in IPO’s. But I do have an account in ICICIDirect for investing in [...]
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