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INSURANCE COMPETITION
Overall insurance pie has not expanded as expected: HDFC Life MD and CEO Vibha PadalkarHDFC Life CEO Vibha Padalkar highlights intense competition and rising costs in open architecture. She believes credit life policies are vi...- Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
- SoftBank's AI funding plans to face reckoning at earningsSoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, ...
- ET Business Growth Summit-Ahmedabad highlights tech and innovation as next growth driversThe ET Business Growth Summit in Ahmedabad recorded strong industry participation, underscoring the resilience of businesses in the region.
- IN-SPACe re-entry rules expose insurance crunchThe guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missio...
- AI set to reshape insurance economics, push industry towards scale, specialisation: ReportArtificial intelligence is set to reshape the economics of the global insurance industry, with carriers, brokers and technology providers t...
- 5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
- State insurers quote low premiums to win NPCIL nuke insurance coverNuclear Power Corp of India (NPCIL) had budgeted Rs 30.13 crore, including taxes, for insuring Tarapur units 3 and 4 under a one-year prope...
- Swiggy trims losses in Q1; IT's comeback rallySwiggy delivered improved Q1 earnings with a narrower loss and higher revenue. This and more in today's ETtech Top 5.
- CBIZ Sold for $5 Billion: Grant Thornton mega deal creates fifth-largest US accounting services firmGrant Thornton Advisors is acquiring CBIZ for five billion dollars. This significant transaction will create the nation's fifth-largest pro...
- Do you really need home loan insurance if you already have a term insurance plan?Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment ...
- 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...
- FCNR(B) deposit drive could pressure banks' profitabilityBanks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...
- Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose abou...
- 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...
- Musk's X adds Money banking service under 'everything app' pushElon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...
- Top funds demand deeper valuation cut for Zepto IPOThe asset managers, among the biggest investors in recent IPOs, have told Bengaluru-based Zepto's representatives in recent discussions tha...
- India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...
- 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...
- 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...
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