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GIC RE NEWS
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...- GIC Housing Q4 profit drops 35% YoY despite rise in total incomeGIC Housing Finance reported a 35% YoY drop in Q4FY25 net profit to Rs 35 crore due to rising expenses. Total income rose to Rs 276 crore, ...
- Big movers on D-Street: What should investors do with GIC Re, Cochin Shipyard and Vedanta?Benchmark indices closed lower for the second consecutive day amid a sluggish global market trend. Stocks in focus included GIC Re, Cochin ...
- Stocks in news: GIC Re, RIL, Vedanta, Sona BLW, PNB Housing Finance, Suzlon EnergyStocks in news: Equity markets paused after a 14-day winning streak, closing lower on Wednesday amid weak global trends. Key stocks in focu...
- GIC Re shares tumble over 5% as government offloads stake via OFSGIC Share Price: Shares of General Insurance Corporation (Re) of India dropped by 5.4% to Rs 398.60 as the government began selling its 6.7...
- Ather CFO Deepak Jain to step down, Sohil Parekh named successorThe change was announced by chief executive Tarun Mehta in an internal communication to employees. Jain worked at Ather for over four years...
- Nifty Bank headed towards new peak, may even touch 47,000: Rupak De“Nifty continued to exhibit strength as the index reached new highs due to large-cap banks and IT stocks. Strong Put writing at 20,100 has ...
- GIC Re posts Rs 1,991 cr profit in FY21The state-owned reinsurer had posted a loss of Rs 186.46 crore in 2019-20.
- Stocks in the news: Ambuja Cements, Airtel, Magma Fincorp, GIC Re, Dish TV and VedantaThe government is debating whether reinsurer General Insurance Corporation of India should be divested, people aware of the matter told ET.
- Buy General Insurance Corporation of India, target price Rs 171: HDFC SecuritiesThe share price moved down by 0.37 per cent from its previous close of Rs 121.80. The stock’s last traded price is Rs 121.35.
- Stocks in the news: Vodafone Idea, AstraZeneca, GIC Re, Power Grid and Bharat DynamicsTeamlease said it has acquired an additional 36.17 per cent stake in Schoolguru, taking its total stake in the company to 76.37%.
- Stocks in the news: IDBI Bank, GIC Re, HUDCO, Metropolis Healthcare and Canara BankCanara Bank reported widening of its standalone net loss to Rs 3,259.33 crore for the fourth quarter .
- GIC Re Q4 results: Net income nearly doubles to Rs 1,197 croreThe company's net income stood at Rs 603.4 crore in the corresponding period of the preceding fiscal.
- Stocks in the news: YES Bank, IRCTC, DMart, Chalet Hotels, GIC Re and Vodafone IdeaNestle India, BPCL and Lemon Tree are among a few companies which will report their quarterly results today.
- Best to avoid pharma completely right now: Dipan MehtaWhen you have winning stories like IndusInd, Yes Bank, Kotak, RBL, DCB , why go for Axis Bank and ICICI Bank?
- New India appoints five bankers for IPOThe largest state-owned nonlife insurer is looking at a combination of offer for sale of government's shares and issue of fresh equity.
- No communication on Axis-Kotak merger: Finance Ministry sourcesMergers of private banks do not come to Finance Ministry, rather it is for the regulator to see, said an official.
- Cabinet approves plan to list state-run general insurersFM Arun Jaitley had announced in last year's budget that the government would list state-owned general insurance companies to improve trans...
- After Llyod's, many other reinsurers keen to start operations in India"I welcome the news that India has a new insurance law. This is great news for Lloyd's as the new law allows us to operate in India," Lloyd...
- General Insurance Corporation to cut terror cover cost, doubles limit to Rs 1,500 croreAfter the 9/11 attacks, terror has become an excluded risk from all insurance policies and international reinsurers had stopped covering an...
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