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ICICI LIFE INSURANCE
Insurers nearly double private credit fund investmentsOver the past two years, insurance companies have notably enhanced their engagement with private credit funds as a strategy to diversify in...
Sun Pharma to raise Rs 10,000 crore to part-finance Organon dealSun Pharmaceutical Industries plans to raise ₹10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance b...
IPO bound Paras Healthcare raises Rs 652.50 crore from anchor investors as issue set to open on October 21The investors included Abu Dhabi Investment Authority, BlackRock Global Funds, Eastspring Investments, Government Pension Fund Global, Nati...
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the price band, the g...
Jio Platforms' IPO draws Rs 2.5 lakh crore in anchor bidsGlobal investors included BlackRock Global Funds, Capital Group, Fidelity, New World Fund and American Funds Developing World Growth and In...
Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 croreJio Platforms successfully raised approximately Rs 8,110 crore from 212 anchor investors before its upcoming IPO. The company allotted shar...
Jio IPO draws Rs 2.5 lakh crore in anchor bids from over 70 investorsJio Platforms’ Rs 30,188 cr IPO has attracted institutional bids worth around Rs 2.5 lakh cr, more than 30 times the size of its anchor boo...
Jio’s mega IPO breaks all records with Rs 2.5 lakh crore anchor demand: BlackRock, GIC, LIC participateJio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional investors, reflecting remarkable enthusi...
Mcap of nine of top-10 most valued firms surges by Rs 3.65 lakh cr; TCS shinesNine of the top ten most valued firms saw a substantial increase in market valuation last week. The BSE Sensex surged over two thousand poi...
HDFC Bank deputy MD Kaizad Bharucha to step down on December 31Kaizad Bharucha has submitted his resignation as deputy managing director of HDFC Bank, effective December 31, 2026. This decision follows ...
ICICI Bank Q2 Results: Net profit jumps 20% YoY to Rs 14,843 crore, NII rises 18%ICICI Bank Q2 Results: Private lender ICICI Bank reported a net profit of Rs 14,843 crore in the second quarter of financial year 2027, mar...
Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...
Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...
Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
ICICI Life bets on women advisors, plans 20,000 hires by FY27ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. Women curren...
Stock Radar: Breakout from multi-month falling trendline resistance makes ICICI Lombard stock an attractive buyICICI Lombard General Insurance has broken above a multi-month falling trendline resistance after a sharp recovery from September lows. The...
BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPOTonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs...
BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...
ICICI Life Q2 net profit rises 25% on better product mixIn the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit for the second quarter, reaching ₹37...