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BAJAJ ALLIANZ GENERAL INSURANCE
Softbank further trims India exposure, offloads Meesho shares worth Rs 1,885 croreIn the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, accord...
General insurers clock 10.5% premium growth in OctoberGeneral insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also report...
- Softbank further trims India exposure, offloads Meesho shares worth Rs 1,885 cr
In the latest transaction, SVF II Meerkat (DE) LLC, an affiliate of SoftBank, offloaded 7.64 crore shares in Bengaluru-based Meesho, accord...
Bajaj Finance opens QIP at Rs 992.25 floor price, may offer up to 5% discountBajaj Finance opened its qualified institutional placement on November 11, fixing the floor price at Rs 992.25 per share. The company may o...
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone IdeaIndian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life ...
- US-Iran war to cost Gulf states $790 billion until 2030: Allianz Trade
Beyond physical damage to energy infrastructure, the war has affected other sectors like tourism and real estate, which will see slower gro...
IRDA's new consultation paper proposes major reforms to improve insurance distribution and reduce complaintsIrda's recent consultation paper aims to restructure insurance distributor commissions to enhance market efficiency and penetration. The re...
Bajaj Finance to launch share sale worth up to Rs 11,700 cr this week: ReportBajaj Finance Ltd. is gearing up for a major share sale aimed at raising an impressive 117 billion rupees. The initiative seeks to draw in ...
Tata AIG rejected ₹30 lakh accidental death claim citing alcohol consumption by the insured pensioner; here’s why family won the caseA family's claim for accidental death insurance was rejected by Tata AIG due to alleged alcohol influence at the time of an accident. Howev...
Group health insurance claims: 5 common claim deductions and disputes employees should know aboutMost group plans cover pre-existing diseases from day one, and individual employees are not medically underwritten. Barring a few exception...
Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hitsFor large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather t...
NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
Go Digit says IRDAI's EoM rules led to unintended rise in commissionGoyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with ...
Go Digit posts 31% dip in net profit to Rs 142 croreThe company’s management had previously noted that in the last five years there has been no increase in third-party motor insurance rates, ...
Hyundai to offer up to 15% savings on car insurance for safe driversHyundai Motor India has launched a usage-based insurance program for its Bluelink-connected cars. Customers can receive potential savings o...
Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upsideBajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in reve...
State-run general insurers to submit turnaround plansState-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government a...