| Alleged Scammers Had the System Down Cold |
| Post on 23-05-2006. |
Elderly pair accused of collecting on homeless men knew the fine print of life insurance claims.
one pair of elderly women accused of fraudulently collecting more than $2 million in life insurance on two homeless men demonstrated one remarkable knowledge of the intricacies of life insurance policies, officials said, and aggressively used this expertise in pressing their claims. ... |
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| Bajaj Auto Q4 net jumps 70 per cent |
| Post on 23-05-2006. |
__Bajaj Auto has reported excellent results for the fourth quarter ended March 2006 and full year 2005-06. Both automotive and insurance divisions posted very encouraging growth rates and improvement in margins.
In the two-wheeler segment, the company is steadily closing the gap with market leader Hero Honda. Almost all the models launched by the company recently have been successful. The company's life insurance subsidiary remains the second-largest player in the private sector. ... |
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| Farewell to King Hicham |
| Post on 23-05-2006. |
Paris - Hicham El Guerrouj shed many tears during his glittering athletics career not to mention sweat and on Monday he cried one last time in front of the press as the 31-year-old announced his retirement.
For one while the slender gracious Moroccan seemed destined to join the greats who for some reason were never to taste Olympic glory and the tears flowed freely. ... |
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| Hellman & Friedman May Acquire Gartmore, People Say (Update2) |
| Post on 23-05-2006. |
May 23 (Bloomberg) -- Hellman & Friedman LLC, one buyout firm that specializes in financial services, may buy London-based Gartmore Investment Management Plc, which oversees $78 billion, two people with direct knowledge of the situation said.
Hellman & Friedman, based in San Francisco, may pay as much as 500 million pounds ($944 million) for the U.K. fund manager, said one of the people, who declined to be identified because the transaction hasn't been announced. An agreement may be disclosed as early as later today, the people said. ... |
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