DSIJ Mindshare

Life insurance companies usually offer four options for payouts of the sum assured of a term insurance policy to the heirs of the deceased policyholder. The insured can choose any of the option for the beneficiaries taking into account the financial literacy levels of the beneficiaries as also the needs and requirements of the beneficiaries.

Every credit card issued by a bank has a credit limit, which is the maximum amount the cardholder can avail in a billing cycle. So, if the credit limit is, say, Rs 2 lakh, the cardholder can enter into credit card transactions up to the maximum limit of Rs 2 lakh in a billing cycle (which is usually a month). 

Lupin announced that its Pithampur unit-3 in Indore went through the USFDA inspection that was conducted from October 8 to October 18, 2018. The shares closed down by almost 2  per cent. 

The stocks most likely to witness significant movement on the bourses on October 22 , 2018 are Mphasis Ltd., UltraTech Cement Ltd., ICICI Securities Ltd., Reliance Power Ltd., and Thyrocare Technologies Ltd. 

The company received an order worth Rs. 95.8 crore from Indian Oil Corporation. The order includes detailed engineering, fabrication, installation and commissioning of storage tanks at Dhumad, Gujarat. The order is to be executed over a period of 16 months.