Reliance Life Insurance gets ISO certification

Mumbai, May 31: Anil Dhirubhai Ambani Group company Reliance Life Insurance today said it has got ISO 9001:2008 certification for its management systems, across all business functions, including product development.

The ISO certification is a significant step in endorsing our ongoing effort to offer innovative products, best-in-class services and improved customer satisfaction, Reliance Life Insurance said in a statement.

It is awarded by Bureau Veritas and applies across all the management processes and branches of the company.

**** Magma Fincorp Q4 net jumps two-fold to Rs 26 cr * Vehicle financing firm Magma Fincorp today said its consolidated net profit jumped over two-fold to Rs 26.16 crore for the quarter ended March 31, 2010.

Total operating income rose to Rs 216.48 crore in the January-March quarter, from Rs 179.94 crore in the same period previous fiscal, Magma Fincorp said in a filing to the Bombay Stock Exchange.