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Cube Highways Trust collects Rs 1,687 crore from anchor investors ahead of IPOCube Highways Trust secured Rs 1,687.5 crore from anchor investors before its public offering. The Infrastructure Investment Trust plans to...
5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
Oriental Insurance rejects mediclaim saying policyholder's hospitalisation wasn't necessary: Court says doctors, not insurers, decide medical necessity; orders over Rs 2 lakh payoutOriental Insurance rejects claim saying hospitalisation wasn't necessary: A Delhi consumer commission has ordered Oriental Insurance to pay...
Japan's SOMPO seeks control of Universal GeneralJapan's SOMPO Insurance is discussing increasing its stake in Universal SOMPO General Insurance. The Japanese insurer aims to acquire share...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%Whether in business or the stock market, be ready for volatility. In today’s world, it can come for any reason and from anywhere. Also be r...
Turtlemint eyes profitable FY27 as renewal book growsThe company operates an insurance distribution platform that enables point-of-sale persons (Posps) and advisors to sell insurance products ...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...
HDFC Life rejects Rs 50 lakh insurance claim over two existing policies: Widow wins after court finds the proposal form never asked about other insurers; full payout orderedHDFC Life rejects Rs 50 lakh insurance claim over two existing policies: A Kurnool consumer commission has ordered HDFC Life Insurance to p...
J&K Bank sells 0.5% stake in PNB MetLife for Rs 120 croreJammu and Kashmir Bank has sold a 0.5% stake in PNB MetLife India Insurance to MetLife International Holdings for Rs 120 crore. The transac...
ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
HCL Tech shares rise 3% after signing 7-year deal with Guardian Life InsuranceHCLTech shares rose 3% after the IT major announced a seven-year deal with The Guardian Life Insurance Company of America to expand their s...
Private insurers seek tweaks in unlisted investment planPrivate insurers want Irdai to change proposed investment norms for unlisted companies. They suggest linking exposure limits to shareholder...
HCLTech acquires Guardian India Operations for $10.5 millionThe company also signed a fresh seven-year technology services agreement with the insurer. The acquisition is expected to close on August 1...
Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crashICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages t...
Q1 results today: HDFC Life Insurance, HDB Financial, Jana SFB, ICICI Prudential among 43 companies to report earningsThe June quarter earnings season gathers pace with 43 companies, including HDFC Life Insurance, HDB Financial Services, Jana Small Finance ...
Aadhaar alone can't determine victim's age in accident claims: Chhattisgarh HCChhattisgarh High Court ruled insurers are not liable before policy issuance. The court found the tribunal wrongly used Aadhaar for age det...
Input tax credit relief for companies on staff cars, insurance likelyCompanies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The G...
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...
Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman SachsMylan sold a ₹1,839 crore stake in Biocon through a block deal, attracting strong institutional demand. ICICI Prudential Mutual Fund emerge...