The growth was led by Policybazaar's insurance distribution business, where demand for health and term in ...More

The growth was led by Policybazaar's insurance distribution business, where demand for health and term insurance remained strong. Total insurance premiums rose 38% to Rs 9,385 crore, with new protection premiums increasing 42%. New health insurance premiums grew 46% YoY. ...Less

The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder ...More

The insurance sector grapples with pressing issues like mis-selling and customer complaints, which hinder the efficacy of policies. However, digital platforms offer improved transparency, enabling consumers to make well-informed choices about their coverage options. By comparing policies, customers not only save on premiums but also gain better insights into their coverage. Additionally, digital channels simplify grievance resolution, fostering easier interactions with insurers. ...Less

PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This an ...More

PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5. ...Less

September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shi ...More

September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, lending and insurance. AI is moving beyond chatbots and experiments into decisions affecting the cost of acquiring, serving and retaining customers. ...Less

The leadership change was announced alongside the company’s July-September quarter results on Wednesday. ...More

The leadership change was announced alongside the company’s July-September quarter results on Wednesday. Info Edge reported an 87% year-on-year increase in consolidated net profit to Rs 650 crore, while operating revenue rose 12% to Rs 904 crore. ...Less

The Supreme Court of India has ruled that all train tickets must include mandatory travel insurance start ...More

The Supreme Court of India has ruled that all train tickets must include mandatory travel insurance starting October 27, 2026. This decision applies to both online tickets purchased through IRCTC and offline tickets available at railway counters. The travel insurance will provide significant financial support in the event of accidents or emergencies for passengers. ...Less

Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and ...More

Some insurers now reimburse visa fees if your application is rejected. But modest payouts, exclusions and multiple conditions can limit the cover’s value. Some exclusions include passport issues, such as damage, expiry or invalidity, an invalid reference letter, or in adequate financial means to support the stay in the destination country. ...Less

Navigating health insurance claims can be tricky, especially when you have multiple policies. If your hos ...More

Navigating health insurance claims can be tricky, especially when you have multiple policies. If your hospital bill exceeds your coverage, understanding how to leverage both policies effectively is key. Discover the guidelines from IRDAI, the claiming process, and essential tips to avoid common pitfalls when filing claims with two insurers. ...Less

Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance websi ...More

Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered earnings estimates, while alternative scenarios suggest fair values of Rs 1,335-1,366. ...Less

The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To c ...More

The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies. To curb cascading tax, ease working capital pressures and reduce disputes, the Council has reduced ITC restrictions on expenses such as health and life insurance and out door catering. It has also allowed refunds of accumulated ITC on input services in specified inverted duty cases for eligible credits from 1 November 2026. ...Less

PB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Follow ...More

PB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Following a consultation paper from Irdai proposing caps on distributor commissions, the stock price has plummeted. The market capitalisation fell from ₹87,290 crore to ₹45,174 crore over the past seven sessions. This decline represents a loss of over 48% during this period. The stock is back at its initial public offering price of ₹980. ...Less

India's insurance regulator is planning significant reforms to the insurance distribution system, aiming ...More

India's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed changes include capping commissions for brokers and reducing management expenses over time. These measures could substantially impact insurance-linked stocks and potentially affect up to one million jobs in the sector. Insurers and brokers have time to submit responses to the consultation paper until October 25. ...Less

Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance cove ...More

Now GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it helps. The reason for this is now employer's cost of buying insurance for its employees can reduce by claiming ITC. ...Less

PB Fintech shares plunged 50% from their all-time high to drop below the 2021 IPO price of Rs 980. The sh ...More

PB Fintech shares plunged 50% from their all-time high to drop below the 2021 IPO price of Rs 980. The sharp six-day selloff follows proposed IRDAI regulatory curbs on insurance distribution, prompting brokerages like Bernstein and Jefferies to cut target prices amid earnings pressure concerns. ...Less

India Mobile Congress 2026 will take place from October 7 to 10 at Yashobhoomi Convention Centre in New D ...More

India Mobile Congress 2026 will take place from October 7 to 10 at Yashobhoomi Convention Centre in New Delhi. The event will emphasise DeepTech and frontier technologies to support startups advancing from prototype to market. Over 500 startups and 300 venture capital firms are expected to participate, fostering connections through one-on-one meetings. ...Less

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23 ...More

Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade. ...Less

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value after IRD ...More

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value after IRDAI proposed reforms targeting insurance distribution and dark patterns. While Jefferies cut its target to Rs 1,540, Bernstein retained an Outperform rating with a Rs 2,310 target, implying 100% upside. ...Less

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, followin ...More

PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAI’s proposed reforms to curb dark patterns and rationalise insurance commissions. Bernstein, Jefferies and Morgan Stanley have flagged potential pressure on earnings, distribution economics and valuations, with brokerages highlighting risks to health insurance and the POSP business amid regulatory uncertainty. ...Less

PB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and di ...More

PB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and distribution economics. PB Fintech shares plunged 36% on Thursday, wiping out more than ₹31,400 crore in market value, and remained volatile on Friday. ...Less

PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous s ...More

PB Fintech shares extended their sharp selloff on Friday, falling 5% after plunging 36% in the previous session. Technical analysts flagged weak momentum, broken support levels and bearish indicators, while brokerages lowered targets or retained cautious views amid concerns over proposed IRDAI changes and their potential impact on Policybazaar’s earnings. ...Less

PB Fintech is evaluating the possibility of entering insurance manufacturing as distribution commissions ...More

PB Fintech is evaluating the possibility of entering insurance manufacturing as distribution commissions may decrease significantly. The proposed commission caps by the Insurance Regulatory Authority of India could impact the economic viability of their current distribution model. While these changes might make manufacturing more attractive, the company emphasizes the need for regulatory clarity. Additionally, PB Fintech believes its large customer base may provide an advantage if it enters manufacturing. ...Less

PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market valu ...More

PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market value after IRDAI proposed changes to insurance commission structures. While Jefferies flagged a potentially material near-term earnings impact, it retained its ‘Buy’ call on the stock. ...Less

Nifty’s indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, ...More

Nifty’s indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, before recovering sharply. Analysts cited crude volatility, high US Treasury yields, FII outflows, IPO fundraising and geopolitical tensions as key market pressures. ...Less

HDFC Mutual Fund bought 25 lakh PB Fintech shares worth about Rs 321 crore at Rs 1,282.30 each, even as t ...More

HDFC Mutual Fund bought 25 lakh PB Fintech shares worth about Rs 321 crore at Rs 1,282.30 each, even as the stock plunged 36% after IRDAI proposed renewed insurance commission caps, raising concerns over the company’s general insurance revenues. ...Less

Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stak ...More

Shares of Info Edge dropped 7% after a massive 32% crash in PB Fintech reduced the value of its 6.5% stake by Rs 1,809 crore in a single session. The sell-off follows IRDAI's proposed overhaul of insurance distributor commission structures and crackdown on digital dark patterns. ...Less

Proposed commission caps from the Insurance Regulatory and Development Authority of India could severely ...More

Proposed commission caps from the Insurance Regulatory and Development Authority of India could severely impact PB Fintech's revenue. The company anticipates a potential reduction in income from general insurance to 33-40% of current levels. As a response, PB Fintech plans to enhance cost control measures and shift its focus toward profitability. ...Less

The company said lower distribution commissions could alter the economics of its existing model and make ...More

The company said lower distribution commissions could alter the economics of its existing model and make insurance manufacturing a more relevant strategic option. Under the commission framework proposed by the Insurance Regulatory Authority of India (IRDAI), there would be product-level commission caps. ...Less

The insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for ...More

The insurance market is in turmoil as shares of leading companies drop following the IRDAI's proposal for new commission regulations impacting distributors. This shake-up could impose caps on commissions at the product level, adversely affecting the earnings of platforms like PB Fintech and Turtlemint. Following the announcement, PB Fintech's stock plummeted, while SBI Life and ICICI Lombard also faced declines. ...Less

The regulator has proposed lower commission limits for distributors that sell products from several insur ...More

The regulator has proposed lower commission limits for distributors that sell products from several insurers, with sharp cuts across health, term and motor insurance. Shares of PB Fintech fell 36% on Thursday to Rs 1,210 on the BSE, while Turtlemint stock was down 20% at Rs 109.10 to hit its daily lower circuit.The impact could be particularly significant for PB Fintech, the parent of Policybazaar, which lost around Rs 31,000 crore in market cap during Thursday’s trade. ...Less

PB Fintech share price: PB Fintech shares plunged 36% in the previous session following IRDAI’s proposal ...More

PB Fintech share price: PB Fintech shares plunged 36% in the previous session following IRDAI’s proposal to curb ‘dark patterns’ on insurance websites. The proposed rules could also pressure insurance stocks by limiting insurers’ Expense of Management (EoM), potentially reducing spending on commissions and distribution while raising customer acquisition costs. ...Less

Shares of insurers, banks, and non-banking finance companies dropped sharply following proposed commissio ...More

Shares of insurers, banks, and non-banking finance companies dropped sharply following proposed commission caps by Irdai. The proposals raised concerns over the outlook for businesses reliant on insurance distribution. Major companies such as PB Fintech and Max Financial Services experienced significant declines. Analysts indicate that banks and NBFCs could face negative impacts from the changes in commission structures. ...Less

The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more ...More

The insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5. ...Less

Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining ...More

Nifty ended at 23,140.50 after an eighth consecutive weekly decline, with technical indicators remaining bearish. Analysts identify 23,300 as key resistance and 23,000 as options-based support, while Pharma and Healthcare remain relatively stronger amid persistent global market pressures and volatility. ...Less

IRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentiall ...More

IRDAI’s proposed insurance distribution reforms could extend beyond insurers and distributors, potentially pressuring NBFC fee income. Jefferies flagged L&T Finance, Piramal Finance and others as exposed to insurance commissions, with proposed cuts potentially affecting profitability. ...Less

PB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor ...More

PB Fintech shares crashed 36% to a 52-week low after IRDAI proposed an overhaul of insurance distributor commissions. The proposed norms could tighten distribution economics, with brokerages warning of lower commission income across key insurance segments. ...Less

Happy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industr ...More

Happy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech Morning Dispatch. ...Less

Indian equity markets saw significant declines, with the NSE Nifty 50 index dropping by over 380 points. ...More

Indian equity markets saw significant declines, with the NSE Nifty 50 index dropping by over 380 points. PB Fintech experienced a sharp 36% plunge after regulatory changes. Waaree Energies expanded into the specialty gases business to supply semiconductor manufacturers. Dr Lal PathLabs approved the acquisition of a majority stake in SN Genelab Private Ltd. Several companies, including JSW Cement, faced regulatory scrutiny amid ongoing market fluctuations. ...Less

Insurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements ...More

Insurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Proposed limits on commissions aim to reduce mis-selling and distribution costs in the insurance market. The changes could significantly impact banks, brokers, and digital distributors dependent on commissions for income. Insurers may need to adapt their distribution models in response to the proposed regulations. ...Less

Policybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled ...More

Policybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled production releases and expanded engineering tasks. Developers' roles have increased, not been replaced by artificial intelligence. Human oversight remains crucial for customer-facing processes and decision-making. Policybazaar continues to hire developers, emphasising human responsibility over AI skills. ...Less

Indian equities gained as easing crude prices, softer Japanese bond yields and expectations of a largely ...More

Indian equities gained as easing crude prices, softer Japanese bond yields and expectations of a largely priced-in US Fed hike improved sentiment. Analysts identified Policybazaar, PNB, PVR Inox, Radico Khaitan and Hindalco as stocks showing bullish technical setups and rebound potential. ...Less

Global Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automatio ...More

Global Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automation will handle basic tasks, but humans will retain final decision-making authority. Companies are focusing on specialised AI models and optimizing compute power for cost efficiency. Job roles are evolving, with a continued emphasis on hiring and upskilling employees. ...Less

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25 ...More

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks. ...Less

PayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy ...More

PayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy AI agents for various operational tasks. Merchants can enhance product discoverability and manage customer interactions using these agents. The no-code, zero-integration offering simplifies AI adoption for businesses. ...Less

HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. ...More

HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure amid governance concerns, recent losses and investor focus on earnings, while brokerages maintain positive views. ...Less

To effectively narrow the insurance gap in India, collaboration between government and private entities i ...More

To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is insufficient. While AI holds the promise to connect more individuals with insurance, accessibility issues persist. Special attention is needed for the often-overlooked 'missing middle' demographic. Establishing consumer trust and providing adequate coverage are key to broadening insurance use. Defining shared responsibilities is essential for achieving universal insurance access. ...Less

Investment is shifting to regional hospital hubs like Jaipur and Vadodara. These markets offer growth opp ...More

Investment is shifting to regional hospital hubs like Jaipur and Vadodara. These markets offer growth opportunities and lower operating costs for investors. Health insurance penetration is also increasing significantly in these areas. Single-specialty segments like IVF and mother-child care are driving deal activity. Regional hospital brands are expected to scale through clusters and strengthen networks. ...Less

PB Fintech stock has broken out from a technical pattern. Experts suggest this breakout could lead to hig ...More

PB Fintech stock has broken out from a technical pattern. Experts suggest this breakout could lead to higher stock prices. Traders can consider buying the stock for potential gains in coming months. Analysts recommend accumulating the stock on dips for expected upside. ...Less

The contributions of homemakers to household management have substantial economic significance that is no ...More

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint. ...Less

Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY2 ...More

Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY21 sales, which looks stretched. ...Less

Policybazaar celebrated its Jeeto Apna Ghar program's sixth season for sales teams. This initiative now i ...More

Policybazaar celebrated its Jeeto Apna Ghar program's sixth season for sales teams. This initiative now includes services teams, recognizing customer journey excellence. Over fifty houses and thirty-four cars have been awarded since its inception. This season saw ten employees win homes and ten others win cars. The program rewards employees for exceptional customer outcomes and dedication. ...Less

PB Fintech is India’s largest online platform for insurance (PolicyBazaar) and lending (Paisabazaar). ...More

PB Fintech is India’s largest online platform for insurance (PolicyBazaar) and lending (Paisabazaar). ...Less

For Yashish Dahiya and Alok Bansal, their 13-year journey of building Policybazaar as India’s largest ins ...More

For Yashish Dahiya and Alok Bansal, their 13-year journey of building Policybazaar as India’s largest insurance marketplace started even before they launched the company. ...Less

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a l ...More

Online insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of an IPO planned at $3.5 billion valuation. ...Less

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policyba ...More

Founded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Practo among its customers. ...Less

The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve ...More

The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing shareholders. ...Less

PB Fintech reported a significant surge in Q4FY25, with net profit soaring by 185% to ₹171 crore, driven ...More

PB Fintech reported a significant surge in Q4FY25, with net profit soaring by 185% to ₹171 crore, driven by a 38% increase in revenue to ₹1,508 crore. Policybazaar's core online business grew by 31%, contributing ₹877 crore. The company's consolidated PAT for FY25 rose by 448% to ₹353 crore, accompanied by a 37% YoY rise in premium at ₹7,030 crore. ...Less

Offering expected in November-December; startup likely to seek $5-6 billion valuation for IPO ...More

Offering expected in November-December; startup likely to seek $5-6 billion valuation for IPO ...Less

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans ar ...More

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's partner insurers at GIFT City. Premiums and claim payouts will be processed in US dollars, addressing currency depreciation risks. This initiative allows global Indians to access internationally aligned financial products within India. ...Less

Shares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. Howev ...More

Shares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. However, the official IPO details have left the buyers with sleepless nights, who bought shares at 50-60 per cent premium. ...Less

True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an in ...More

True North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an initial public offering (IPO) for some time this year. ...Less

Irdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggreg ...More

Irdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggregator, due to identified violations of insurance regulations. The regulator issued directions, advisories, and cautions to the company following the findings. This action comes despite Policybazaar's success in selling over 42 million policies since its establishment in 2008. ...Less

Shares of PB Fintech, the parent firm of PolicyBazaar and PaisaBazaar, rose 22.74% over its IPO price on ...More

Shares of PB Fintech, the parent firm of PolicyBazaar and PaisaBazaar, rose 22.74% over its IPO price on listing day. Here’s how much each investor's stake in PolicyBazaar was worth after today’s close. ...Less

The increased interest in startup IPOs and headroom for further growth in business as well as valuation a ...More

The increased interest in startup IPOs and headroom for further growth in business as well as valuation after the Policybazaar IPO led founders Yashish Dahiya and Alok Bansal to reduc their stake sale by 85-90% in value. ...Less

The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial ...More

The SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with investors like Fidelity, Baillie Gifford, Dragoneer Group, BlackRock and others also participating. ...Less

The issue has generated mixed recommendations from analysts, with some raising questions over the valuati ...More

The issue has generated mixed recommendations from analysts, with some raising questions over the valuations. However, the majority believe it is an issue worth subscribing to, given the underpenetrated insurance market. ...Less

Policybazaar parent PB Fintech has approved a resolution to raise up to Rs 6,500 crore, or $870 million, ...More

Policybazaar parent PB Fintech has approved a resolution to raise up to Rs 6,500 crore, or $870 million, via an IPO, making it the fifth Indian startup to initiate proceedings to list on the national bourses. ...Less

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that ...More

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that Tiger Global Eight Holdings and Internet Fund III sold 182.8 crore shares on November 11. ...Less

Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the s ...More

Vishal Balabhadruni, BFSI Analyst, CapitalVia Global Research, said the issue seemed to be good for the short term or listing gains but long-term investors must be cautious. ...Less

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. E ...More

A rush of block deals in newly listed Indian startups is putting private-market valuations to the test. Early investors in Groww and Meesho have made standout returns, while late-stage investments have delivered mixed outcomes. As IPO lock-ins expire, public-market price discovery is showing which private valuations hold up and how investors are cashing out. ...Less

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action la ...More

HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action lawsuit against the bank and two senior executives. HDFC Bank called the allegations meritless and said it would defend the case vigorously, adding to recent concerns weighing on the stock. ...Less

The Delhi High Court has rejected a plea by Policybazaar, an aggregator of insurance products, seeking to ...More

The Delhi High Court has rejected a plea by Policybazaar, an aggregator of insurance products, seeking to restrain the use of key words identical to its trade marks on Google's AdWords Program by other entities. ...Less

Its insurance premium grew 52 per cent YoY To Rs 2,430 crore, while credit disbursal grew 136 per cent Yo ...More

Its insurance premium grew 52 per cent YoY To Rs 2,430 crore, while credit disbursal grew 136 per cent YoY. ...Less

The price band for the issue has been set between Rs 940 and Rs 980 a share. ...More

The price band for the issue has been set between Rs 940 and Rs 980 a share. ...Less

Policybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major invest ...More

Policybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major investments over the last couple of months. ...Less

New York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold ...More

New York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold 30% stake in PolicyBazaar. ...Less

Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to ...More

Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to NSE data. The price range for the IPO was at Rs 940-980 per share. ...Less

Policybazaar’s parent company PB Fintech became the first Indian fintech company to list on local stock e ...More

Policybazaar’s parent company PB Fintech became the first Indian fintech company to list on local stock exchanges today. It had a stellar debut, closing the day with a share price of Rs 1.202.90, 22.74% more than the issue price. ...Less

Policybazaar has turned profitable in the financial year ended March 31, 2017, and is expected to turn in ...More

Policybazaar has turned profitable in the financial year ended March 31, 2017, and is expected to turn in net profit of about Rs 50 cr during the financial year ended Mar 31, 2018. ...Less

PolicyBazaar, which is backed by Tiger Global, InfoEdge and Premji Invest among others, is looking at mor ...More

PolicyBazaar, which is backed by Tiger Global, InfoEdge and Premji Invest among others, is looking at more domestic investors to join this round to ensure it meets the 51% domestic investment criteria under the Insurance Regulatory and Development Authority of India (Irda). ...Less

PB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance b ...More

PB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance business. It reported a net profit of Rs 37.2 crore in Q3 with revenue from operations of Rs 871 crore. The company plans to apply for a payments aggregator license. ...Less

The insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insura ...More

The insurance regulator upgraded the license of the company's wholly-owned subsidiary Policybazaar Insurance Brokers Private Limited to 'Composite Insurance Broker' from 'Direct Insurance Broker' ...Less

The Gurugram-based company said that the search operations were linked to some vendors doing business wit ...More

The Gurugram-based company said that the search operations were linked to some vendors doing business with one of PB Fintech’s subsidiary entities. People in the know said that the raids were connected to some vendors who work with PB Partners, the offline insurance distribution business of Policybazaar. ...Less

Acko claimed that Policybazaar was using its name as a keyword and therefore, its website was showing up ...More

Acko claimed that Policybazaar was using its name as a keyword and therefore, its website was showing up as a sponsored link whenever someone was searching for 'Acko'. ...Less

The brokerage expects 24,000 to act as a crucial support level for the Nifty; a sustained break below thi ...More

The brokerage expects 24,000 to act as a crucial support level for the Nifty; a sustained break below this level could trigger further weakness towards 23,800. ...Less

From Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick loo ...More

From Policybazaar's upcoming IPO to Byju's big acquisition and Netflix's gaming foray, here's a quick look at the top tech news today. ...Less

Policybazaar has earned Great Place to Work® certification for the second consecutive year, recognizing i ...More

Policybazaar has earned Great Place to Work® certification for the second consecutive year, recognizing its commitment to a purpose-driven, collaborative, and growth-oriented workplace. This honor highlights the company's investment in progressive HR practices and a culture that fosters employee well-being and success, as evidenced by improved attrition rates and comprehensive support initiatives. ...Less

The ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shar ...More

The ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shares against an offer size of 3.45 crore shares. ...Less

The present investment seeks to strengthen the financial health of Policybazaar to meet its general opera ...More

The present investment seeks to strengthen the financial health of Policybazaar to meet its general operating expenses and enhance brand awareness, office presence and strategic initiatives. ...Less

The urge to reinvent himself and seek out new challenges got him a plum position at PolicyBazaar, where a ...More

The urge to reinvent himself and seek out new challenges got him a plum position at PolicyBazaar, where as the CTO and CPO, he heads all things digital, including product, technology, and digital marketing. ...Less

As per Policybazaar.com, currently, job/income loss insurance covers are not available in the market. Wit ...More

As per Policybazaar.com, currently, job/income loss insurance covers are not available in the market. With this new business line being launched, plans that have the coverage for job/income loss can be compared and easily purchased online by the customers. ...Less

Policybazaar's Jeeto Apna Ghar (JAG) initiative concluded its fifth season, rewarding top-performing empl ...More

Policybazaar's Jeeto Apna Ghar (JAG) initiative concluded its fifth season, rewarding top-performing employees with houses, cars, and cash incentives. This year marked the expansion of JAG to include service roles, recognizing excellence across the organization. Since its inception, JAG has distributed significant rewards, fostering loyalty and driving performance among Policybazaar's advisors, reinforcing the company's employee-centric culture. ...Less

PB Fintech, the parent firm of insurance marketplace PolicyBazaar, has elevated cofounder and chief finan ...More

PB Fintech, the parent firm of insurance marketplace PolicyBazaar, has elevated cofounder and chief financial officer (CFO) Alok Bansal to executive vice chairman and has invested further in its insurance broking arm. ...Less

Policybazaar helps sell about a million policies a month. The aggregator lets users compare life, health, ...More

Policybazaar helps sell about a million policies a month. The aggregator lets users compare life, health, auto, travel and property policies from 40 insurers on its website without going through conventional agents, who sell based on incentives. ...Less

Jagdish Khattar, managing director, Carnation Auto said, “We have a robust policy of repair over replacem ...More

Jagdish Khattar, managing director, Carnation Auto said, “We have a robust policy of repair over replacement of auto parts, which will help bring down claims ratio for policybazaar.com and out-of-pocket costs incurred by car owners.” ...Less

Through the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block ...More

Through the sale, Softbank aims to raise Rs 1,000 crore. It is likely to sell 2.2 crore shares via block deal ...Less

Shares end opening day’s trade with 23% gain over issue price ...More

Shares end opening day’s trade with 23% gain over issue price ...Less

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has ...More

Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.com. ...Less

The two sides are examining how the Japanese company can take a stake without pushing foreign investment ...More

The two sides are examining how the Japanese company can take a stake without pushing foreign investment in PolicyBazaar above 49 percent, the limit under India’s regulatory policies, said one of the people, asking not to be identified because the matter is private. ...Less

Insurers are now offering term insurance plans specifically for students. These new plans provide afforda ...More

Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection for students early in life. ...Less