SBI General Insurance FY25 PAT surges 112% YoY, outpaces industry growthSBI General Insurance celebrated its 15th anniversary with a remarkable 112% surge in profit after tax, reaching Rs 509 crore for FY25. The...
23 Apr, 2025, 05.13 PM IST
Continuum Green Energy gets Sebi nod for Rs 3,650 crore IPOContinuum Green Energy has secured Sebi approval for its ₹3,650 crore IPO, comprising a ₹1,250 crore fresh issue and ₹2,400 crore OFS. The ...
21 Apr, 2025, 09.13 PM IST
Magma sells general insurance business to Patanjali, DS GroupBaba Ramdev's Patanjali Ayurved, along with Dharampal Satyapal Group, has acquired a majority stake in Magma General Insurance from Sanoti ...
14 Mar, 2025, 09.42 AM IST
LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna HealthLIC share price: State-owned LIC's shares rose 2.4% on news of a potential 50% stake acquisition in ManipalCigna Health Insurance. This mov...
28 Nov, 2024, 11.55 AM IST
Healthy ambitions: LIC eyeing ManipalCignaLIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insur...
28 Nov, 2024, 11.27 AM IST
Star Health aims to double Gross Written Premium to Rs 30,000 cr in 4 yrs: MDStar Health and Allied Insurance Company Ltd. has set a target to double its Gross Written Premium to about Rs 30,000 crore over the next f...
03 Jul, 2024, 05.51 PM IST
AMPIN Energy Transition secures $35 million fundingAMPIN Energy Transition announced securing funding of USD 35 million (over Rs 292 crore) from responsAbility, a Switzerland-based impact as...
07 May, 2024, 04.19 PM IST
Ampin Energy secures Rs 292 crore from Swiss firm ResponsAbilityAmpin Energy Transition raised $35 million to expand solar capacity to 10GWp by 2030, supporting India's 500 GW renewable energy target. Th...
07 May, 2024, 12.31 AM IST
Sterling and Wilson Solar to set up solar plants in Nigeria for $1.5 billionThe order involves development, design, construction and commissioning of solar PV power plants aggregating 961 mw at five locations along ...
23 Sep, 2022, 03.34 PM IST
Danfoss India unit makes condensing units for the worldDanfoss has developed a cooling solution out of India that is being shipped across the world.
28 Aug, 2022, 06.00 AM IST
Made in India, cooling solutions for the world: Danish engineering firm Danfoss’ new techThe condensing units are suitable for use with normal grid supply as well as solar-powered DC (direct current). They are designed to operat...
27 Aug, 2022, 11.52 PM IST
Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
30 Apr, 2022, 06.52 AM IST
ACME Solar raises $334 million through green bondsThe bonds will be issued by an offshore company and proceeds of the bonds will be used for subscription of non-convertible debentures issue...
30 Jul, 2021, 12.18 PM IST
General insurance industry's premium grows 16% in AprilAfter the increase in the third party motor premium since April 1, the industry, as a whole, has recorded the highest growth in the portfol...
28 May, 2017, 12.27 PM IST
General insurance industry may touch Rs 3 lakh-crore by 2025: FICCIThe report also pegged the GWP potential to be Rs 4.8 lakh crore by 2025 if higher penetration level is achieved during this period.
28 Oct, 2013, 04.53 PM IST
- Chola MS to tap corporate, health loan portfolio: Official
Chola MS General Insurance, part of the Murugappa Group and Japan-based Mitsui Sumitomo Insurance Company, would tap the corporate and heal...
03 Sep, 2012, 11.16 PM IST
- SBI Life posts net profit at Rs 276 crore in FY '10
State Bank of India (SBI) Life Insurance today said it has clocked a net profit at Rs 276 crore in financial year 2010.
27 Apr, 2010, 02.10 PM IST