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INSURANCE PENETRATION
ETMarkets NRI Talk| The question is no longer 'Why India?' but 'At what valuation?': Bhaskar HazraHazra also shares his views on sector opportunities, the role of alternatives, and why financial assets are increasingly becoming a preferr...
KKR to acquire Medicover India in $1.5 billion dealThe transaction includes a sale of 100% stake by existing shareholders, as well as a commitment to deploy fresh capital to fund its growth ...
LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
Climate tech startup InRisk raises $27 million from Bessemer, othersClimate tech startup InRisk Labs has raised $27 million in a round co-led by Bessemer Venture Partners and Sameer Brij Verma’s Northpoint C...
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...
LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
Surrender and withdrawals as a share of total benefits paid by life insurers rise to 39%Surrender and withdrawal benefits paid by life insurers have increased significantly. These benefits now exceed maturity benefits paid by t...
AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
India's Second Leapfrog: From sick-care to AI-native health infrastructureJust as India bypassed copper landlines to become a global mobile data leader, it can now bypass the West's CPT-coded sick-care bureaucracy...
Cupid increases investment by $5 million in GII’s Healthcare-focused platformCupid Ltd has made an additional $5 million investment in GII’s healthcare-focused investment platform, funded through internal accruals. T...
US coastal cities at risk? What a new study warns about sea levels surging by 2100Coastal cities face greater flooding and property damage from potential sea level rise. New research indicates oceans could rise significan...
India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
Credit card rewards are changing: Here's how travellers and reward seekers can maximise points and milesBanks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as...
IPO rush: 9 companies to launch issues on D-St this week, raising over Rs 11,000 crIndia's primary market is gearing up for a hectic week, with nine IPOs set to open across the mainboard and SME segments. The mainboard wil...
InsuranceDekho enters cricket sponsorship with India's Zimbabwe, Sri Lanka toursInsuranceDekho has secured prominent deal with Indian cricket team to elevate its brand visibility. Notably, they are the title sponsor for...