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ORIENTAL INSURANCE CORP
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
NSE’s IPO may deliver 6,400-fold return for early backersNSE’s upcoming IPO is set to generate extraordinary returns for early investors, with some public sector and institutional backers reportin...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
Q3 results this week: RIL, Infosys, HCL Tech, Jio Finance, Kotak Mahindra Bank among 101 companies to announce earningsThe Q3 earnings season continues with major companies such as HCL Technologies, Infosys, Axis Bank, Reliance Industries, and Wipro reportin...
Take the bank merger cue for insuranceThe government is set to review the state-owned general insurers, with Oriental Insurance, National Insurance, and United India Insurance p...
Privatisation of PSUs back on track after COVID-induced setback: DIPAM SecyThe mega initial public offering of LIC is expected by the end of the current fiscal, and the government is looking to collect Rs 50,000 cr...
Centre considering United India, GIC Re for privatisationGIC Re, of which the government holds 85.78%, is listed. Apart from United India, the government has three other general insurance companie...
Budget 2021: Big reform push in banking, insuranceThe Narendra Modi government plans to privatise state-run banks and a general insurer to raise funds for its ambitious infrastructure and h...
Life insurers record new premium growth for second straight month in AugustGrowth in August was led by the strong performance of the IPO-bound Life Insurance Corp of India (LIC). The public sector insurer recorded ...
Next on the agenda: Mega state-run general insurer like LICTalks on to create mega single insurer; plan to merge United, Oriental and National underway.
Cash-rich PSU general insurer may be asked to buy out smaller onesA finance ministry official said apart from buy out by cash-rich general insurers, a share-swap could also be considered for smaller insure...
Market Now: Over 130 stocks hit fresh 52-week highsICICI Bank, Idea Cellular, SAIL, State Bank of India and NHPC were among the most traded stocks.
New India IPO may value co at Rs 70,000 croreThe company on Wednesday filed the offer document to sell about 12 crore shares, or 15 per cent of the company.
Bombay High Court issues notice to Union government on PIL filed against its stake in ITCFour public sector insurance companies and the Specified Undertaking of the Unit Trust Of India hold a 30.25% stake in ITC worth about Rs 1...
IFCI’s stake sale in lender TFCI worries tourism industryIn existence for more than 25 years, TFCI is the only government promoted financial institution for funding tourism projects.
How new insurance company entrants are likely to perform in the stock marketInsurers are bracing for a nudge from the government to consider a public flotation and list their shares in the next financial year.
IFCI to partially offload stake in Tourism Finance Corp"IFCI will partially disinvest its shareholding in Tourism Finance Corporation of India Limited in financial year 2014-15," it said in a fi...
- PSU general insurers to set up a common TPA to settle medical claims
The claims ratio of these public sector companies in health insurance is over 120% and they blame TPAs for their spiraling losses.
- UTI Bank promoters may infuse up to Rs 1843 cr
Promoters of the country's third largest private-sector lender UTI Bank are looking to consolidate their stake in the company by subscribin...
- BR Nahar is Birla Corp's new CEO
Birla Corporation’s board on Thursday appointed its executive president BR Nahar as its executive director & chief executive officer.