Colonial News Magazine

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Year: 2024

Understanding GMC Full Form in Insurance?

GMC Full Form: In the world of insurance, GMC stands for Group Medical Coverage, a type of health insurance plan designed to offer medical benefits to a specific group of people. Typically, this coverage is provided by employers to their…

Understanding Buyback of Shares: Benefits and Drawbacks

Buyback of Shares: At its core, a share buyback is when a company purchases its own shares from the open market. While it might seem unusual or even suspicious at first glance, this strategic financial move has its own set…

Polar Bear Franchise Cost in India: How to Apply?

Polar Bear Franchise: Founded in 2008 by Kishore Rai, Polar Bear: The Ice Cream Sundae Zone has grown into a beloved brand across South India. Starting with a single outlet in ITPL, Bangalore, it has now expanded to over 120…

Zerodha Business Model: Revolutionizing India’s Financial Sector

Zerodha Business Model: Founded in 2010, Zerodha has emerged as a game-changer in India’s financial services industry. With its innovative approach, the company has disrupted traditional stock brokerage by introducing zero-commission trading and a low-cost structure, making investing more accessible…

IGMS Full Form in Insurance: Simplifying Grievance Redressal

IGMS Full Form: The IGMS (Integrated Grievance Management System) is a key initiative by the Insurance Regulatory and Development Authority of India (IRDAI) launched in 2010. This online system centralizes grievance management across the insurance industry, making it easier for…

PUC Full Form in Insurance: Why It’s a Must-Have

PUC Full Form: The PUC (Pollution Under Control) certificate is an essential document for every vehicle owner in India. Required by law, this certificate ensures that your vehicle meets the emission standards outlined in the Motor Vehicles Act. Simply put,…