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MAGMA GENERAL INSURANCE ACQUISITION
Brookfield-Oaktree deal, digit merger get CCI approvalThe Competition Commission of India approved two significant corporate proposals on Tuesday. Brookfield Asset Management's acquisition of c...29 Jul, 2026, 12.32 AM IST- CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stakeThe Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...28 Jul, 2026, 09.12 PM IST
- Senior citizen FD rates 2026: Use an FD calculator to maximise your retirement returnsSenior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirem...28 Jul, 2026, 04.47 PM IST
- Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bidsAdani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual fu...28 Jul, 2026, 02.05 PM IST
- Adani Energy launches Rs 3,500 crore QIP, sets floor price at Rs 1,698 per shareAdani Energy Solutions launched its qualified institutional placement to raise Rs 3,500 crore. The company fixed the floor price at Rs 1,69...27 Jul, 2026, 08.36 PM IST
- BNP Paribas Cardif to bring bancassurance expertise to IndiaFirst Life after stake buyFrench insurer BNP Paribas Cardif will acquire a significant stake in IndiaFirst Life Insurance. This strategic move marks Warburg Pincus's...27 Jul, 2026, 01.46 PM IST
- Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...27 Jul, 2026, 05.30 AM IST
- ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...26 Jul, 2026, 05.12 PM IST
- Global Market: HSBC to sell Singapore insurance business to Allianz in $2.09 billion dealHSBC will sell its Singapore life and health insurance business to Allianz. This deal values the unit at S$2.7 billion and is expected to c...24 Jul, 2026, 09.41 AM IST
- HSBC sells Singapore insurance unit to Allianz in $2.1 billion dealHSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close i...24 Jul, 2026, 06.33 AM IST
- Regulator warns insurers against deep discounts on fire risk coverThe insurance regulator has flagged aggressive underpricing in fire insurance, with discounts of up to 99% on large industrial risks, warni...24 Jul, 2026, 01.23 AM IST
- Go Digit net profit dips 38% in Q1, premium falls 8.4%Gross written premium during the quarter also fell 8.4% year-on-year to Rs 2,731 crore. “In a soft market we would rather protect the quali...23 Jul, 2026, 09.20 PM IST
- Global Market: BNP Paribas Q2 profit jumps 33% on strong trading, retail rebound; beats estimatesBNP Paribas reported a better-than-expected 33% rise in second-quarter net profit to €4.35 billion, driven by strong equity trading, a reco...23 Jul, 2026, 12.28 PM IST
- 5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...21 Jul, 2026, 12.58 PM IST
- Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...21 Jul, 2026, 07.29 AM IST
- Seismic waves reveal hidden 100-million-year-old magma pathways beneath world's largest oceanic plateauScientists found ancient magma pathways beneath the Ontong Java Plateau. These preserved underground structures show massive volcanic activ...20 Jul, 2026, 07.04 PM IST
- Turtlemint eyes profitable FY27 as renewal book growsThe company operates an insurance distribution platform that enables point-of-sale persons (Posps) and advisors to sell insurance products ...20 Jul, 2026, 01.46 PM IST
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