Retail investors have been allocated 35% of the issue, while 50% has been reserved for eligible institutional bidders (QIBs). The remaining...

Indian equity markets saw a slight recovery on Thursday after recent declines. Canara Bank plans to raise substantial funds through bond is...

Canara HSBC Life Insurance Company received a ₹1 crore penalty from IRDAI. The fine was imposed for mis-selling a deferred annuity policy t...

Pam Kaur, the Chief Financial Officer at HSBC, is set to resign in 2027, prompting the bank to initiate a search for a new leader. This sea...

With the US market shedding weight overnight, the probability is high that Thursday will see another day of choppy trading. The best way to...

At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expe...

Asset Reconstruction Company India has raised Rs 220 crore from anchor investors ahead of its IPO, which opens on September 9. The company ...

Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at...

As insurers move more processes to human-in, human-on and human-out-of-the-loop models, AI is changing not just how insurance works but the...

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-p...

Life insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percen...

Indian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple f...

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...

General Insurance Corp, National Insurance, New India, Oriental Insurance and United India were among the earliest investors in the exchang...

China's finance ministry is injecting over fifty billion dollars into state-owned financial institutions. This coordinated push aims to str...

Indian insurance regulators are rethinking intermediary payment structures to reduce misselling. Proposed reforms aim to lower distribution...

Y Combinator-linked entities sold 4.85 crore Meesho shares worth Rs 970 crore through block deals at Rs 200.01 apiece. Institutional buyers...