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Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
Fractal says enterprise AI market still wide open as Q4 profit more than doublesAI services firm Fractal Analytics saw net profit more than double to Rs 116 crore in Q4, driven by improved margins. CEO Srikanth Velamaka...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Startups eye insurance pie; Good Glamm’s salary delayHappy Wednesday! Startups are eyeing a piece of the general insurance market. This and more in today’s ETtech Morning Dispatch.
US-based firm Pie Insurance lays off 14% of workforceThe message added that those who have been laid off will have a 2:1 meeting with a team leader and People Partner where they’ll walk throug...
Former reality TV star Tim Norman convicted in murder-for-hire plot of his nephewIn connection to the March 2016 murder of Andre Montgomery, the "Welcome to Sweetie Pie" star Tim Norman was found guilty by a federal jury.
Public sector general insurers losing motor segment share very fast, lost 30% biz since FY18In FY21, motor premium had declined after the pandemic but retained the top spot which it has ceded in FY22 to the health segment. This is ...
Mumbai buys most health covers in FY21Mumbai now is our fastest growing metro in retail health insurance sales. Its growth is far higher than last year’s increase. We have seen ...
Banks are now less hesitant to adopt cloud platforms: Arundhati Bhattacharya, CEO of Salesforce IndiaThe local unit of the US-based company has seen increased demand from the small and medium enterprises sector in the last few months, said ...
Coverfox shifts focus to term life insurance businessThe term life insurance business currently contributes to less than 1% of the entire revenue pie, with most of the topline being generated ...
First insurance IPO set to hit market: Will it score over the NBFC stocksOverall India is the tenth largest life insurance market in the world and the fifth largest in Asia with a size of Rs 3.7 lakh crore, accor...
Private Equity firms invest $3620 million for quarter ended March 2016The investment amount was 24% higher than that invested in the same period last year and 9% higher than the immediate previous quarter.
- MFs, insurers to vie for tax savers' pie
Mutual funds (MFs) and insurance companies are set to lock horns over the next couple of months, as the tax planning season gets underway.
- Pvt cos get a pie of AI insurance
AI has managed to extract a 38.5% reduction in its fleet insurance bill by leveraging the intense competition.
- Life’s bustling with 5 new insurers
The insurance space is hotting up with at least 5 new entrants in the private life insurance market. The impasse over the hike in FDI cap f...
- Insurance firms rush for a pie in the pension sky
There is excitement for pension reforms from an unlikely quarter - insurance companies.
- LIC grows by 178 pc
Life Insurance Corporation, the country's largest insurer, has consolidated its position by recording 178 per cent increase.
- General insurance grows by 20% in April-August
Mumbai-based New India Assurance (NIA) grew business by 11.95 per cent to collect Rs 2,093 crore in premium in April-August this fiscal.
- General insurance cos on fire
The general insurance industry grew by 23 per cent in the first quarter of this fiscal as private players continue their impressive perform...
- Private general insurers grab 34% of market
Private players grew faster to corner more than one-third of the market and push the general insurance industry growth rate to 16.5 per cen...