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INSURANCE REGULATORY APPROVAL
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...28 Jul, 2026, 10.08 PM IST- ONGC approves guarantee to MRPL to import crude oil from Saudi AramcoONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aram...28 Jul, 2026, 06.09 PM IST
- LIC appoints Shatmanyu Shrivastava as new CFO, replacing Sunil AgrawalShatmanyu Shrivastava has been appointed as the new Chief Financial Officer of LIC. He replaces Sunil Agrawal, who resigned from the financ...28 Jul, 2026, 02.50 PM IST
- More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...28 Jul, 2026, 07.48 AM 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
- BNP Paribas Cardif to acquire Warburg’s 26% in IndiaFirst LifeBNP Paribas Cardif will re-enter India's life insurance market soon. The French insurer is acquiring Warburg Pincus' stake in IndiaFirst Li...25 Jul, 2026, 09.36 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
- No proposal to utilise unclaimed LIC, EPFO funds for other purposes: GovtUnclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts...22 Jul, 2026, 01.35 PM IST
- Indian pharma firms may yet survive Trump's 200% tariff bombshellDonald Trump's proposed up to 200% tariff on generic drug imports has raised concerns for Indian pharma companies, but industry experts say...22 Jul, 2026, 01.32 PM IST
- Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...20 Jul, 2026, 01.11 AM IST
- HCLTech acquires Guardian India Operations for $10.5 millionThe company also signed a fresh seven-year technology services agreement with the insurer. The acquisition is expected to close on August 1...16 Jul, 2026, 06.15 PM IST
- Bonus issue alert! Paytm to consider first-ever bonus issue along with Q1 results on July 20Paytm parent One97 Communications will consider its first-ever bonus share issue alongside its June-quarter results on July 20. The proposa...16 Jul, 2026, 10.52 AM IST
- ICICI Pru Life Q1 Result: Net profit jumps 28% YoY to Rs 386 croreICICI Prudential Life Insurance reported a twenty-eight percent net profit increase. Net premium income rose to nine thousand seven hundred...15 Jul, 2026, 03.23 PM IST
- IDBI Bank shares jump 3% as Fairfax set to make biggest foreign investment in Indian lender, buy stake worth Rs 53,000 crFairfax Holdings has been finalized for the IDBI Bank stake sale. This significant deal is expected to be worth approximately Rs 53,000 cro...15 Jul, 2026, 10.20 AM IST
- From CarDekho to Zepto: India's growing startup IPO pipelineIndia's startup IPO pipeline is gathering momentum with several new-age companies advancing. CarDekho and InsuranceDekho are preparing for ...14 Jul, 2026, 09.06 PM IST
- RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...14 Jul, 2026, 07.33 PM IST
- InsuranceDekho targets Rs 2,500-3,000 crore IPO, plans September filingThe Gurgaon-based insurance distribution platform is targeting a listing by March 2027 and is eyeing a valuation of around Rs 9,500 crore, ...14 Jul, 2026, 08.00 AM IST
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