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ICICI PRUDENTIAL LIFE
LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are sayingLife 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...
Ahead of Market: 10 things that will decide stock market action on TuesdaySensex and Nifty extended their four-week losing streak as rising oil prices and US-Iran tensions weighed on sentiment. Analysts flagged do...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is curre...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...
ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lenderICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...
How to trade HDFC Bank shares after new 52-week low? 2 technical analysts explainHDFC Bank shares remain under pressure, falling nearly 30% so far this year as investors assess the lender’s CEO succession process. Techni...
Every equity mutual fund delivers positive XIRR on SIPs in 5 years. Did you exit too soon?All 219 equity mutual funds delivered positive SIP XIRRs over the last five years, with 165 funds generating double-digit returns. HSBC Mid...
HDFC Bank next CEO: Check bankers in the running for top jobHDFC Bank has accelerated its search for a successor to CEO Sashidhar Jagdishan, who will not seek an extension, with an executive search f...
HDFC Bank CEO race: Who could be in the running to succeed Sashidhar Jagdishan?HDFC Bank is actively searching for a new chief executive officer. The bank expects to appoint an executive search firm soon. Several inter...
Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Here’s whyJefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decisio...
Lenskart shares to rally 40%? Nomura initiates coverage with Buy, says its growth journey has just startedLenskart has emerged from challenger to market leader, with Nomura initiating coverage with a ‘Buy’ rating and Rs 888 target, implying arou...
Purple Style raises Rs 306 crore from anchor investors ahead of IPO; Morgan Stanley, BofA among buyersPurple Style Labs secured Rs 306 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for...
Lenskart Rs 1,857-crore block deal: Goldman Sachs, Morgan Stanley, ICICI Prudential, SBI MF among buyers as Alpha Wave exitsLenskart Solutions experienced institutional transactions totaling Rs 1,857 crore on August 28. Numerous domestic and global investors purc...
Consistent performers: 49 equity mutual funds deliver over 15% CAGR in 3 and 5 yearsAround 49 equity mutual funds delivered over 15% CAGR in both the last three and five years, according to an ETMutualFunds analysis. HSBC M...
Ahead of Market: 10 things that will decide stock market action on FridayIndian equities ended sharply lower on Thursday as expiry-day volatility intensified after the first monthly expiry under the Closing Aucti...
NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle fundsICICI Prudential Mutual Fund has launched three open-ended life cycle funds with five-, 10- and 15-year horizons. The schemes use a glide-p...
SoftBank pares nearly 2.6% stake in Lenskart for Rs 2,888 croreSoftBank Group has sold a 2.6% stake in Lenskart for Rs 2,888 crore. This transaction reduced SoftBank's holding to 7.28% from 9.86%. Abu D...
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle fundsAround six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-d...
Prudential gets CCI nod to acquire 75 pc stake in Bharti Life InsuranceIndia's fair trade regulator CCI has approved Prudential Corporation Holdings' stake acquisition. This acquisition involves a significant e...