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INSURANCE INDUSTRY GROWTH
Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listingReliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India’s largest-ever public offering an...21 Oct, 2026, 01.01 PM IST- IndusInd General Insurance appoints Sharad Mathur as MD & CEOIndusInd General Insurance has appointed Sharad Mathur as its new Managing Director and CEO. Mathur brings three decades of experience in t...20 Oct, 2026, 07.24 PM IST
- Japan’s $21 billion US chip bet raises questions over its own semiconductor revivalJapan has committed to investing $21 billion to establish two semiconductor factories in New York. This deal comes as Japan seeks to suppor...20 Oct, 2026, 10.31 AM IST
- Japan’s $21 billion US chip bet raises questions over its own semiconductor revivalJapan will invest up to $21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries, whi...20 Oct, 2026, 10.29 AM IST
- Insurance changes positive, give the companies time to adapt: Theodoros Kokkalas, ERGO InternationalTheodoros Kokkalas, chief operating officer of ERGO International said greater predictability would help insurers make long-term business p...17 Oct, 2026, 12.06 AM IST
- 10-minute househelp startups & their crore-sized lossesLatest financials reported by Snabbit and Urban Company on Friday point to heavy cash burn in the race to deliver household services within...16 Oct, 2026, 08.44 PM IST
- Fusion CX IPO Day 3: Issue subscribed 4.4 times. Check GMP, other detailsFusion CX has witnessed substantial investor interest in its IPO. The company's shares were oversubscribed by 4.45 times, reflecting strong...16 Oct, 2026, 07.15 PM IST
- Fusion CX IPO Day 2: Issue fully subscribed at 1.1x; GMP at 12%. Check key detailsFusion CX IPO witnessed good demand, receiving bids for more shares than available in the second subscription day. The grey market premium ...15 Oct, 2026, 06.26 PM IST
- Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...15 Oct, 2026, 05.51 PM IST
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...15 Oct, 2026, 04.54 PM IST
- Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s whyThe proposed changes to commissions and distribution by the Insurance Regulatory and DevelopmentAuthority of India (IRDAI) have added to in...15 Oct, 2026, 09.32 AM IST
- A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...15 Oct, 2026, 08.55 AM IST
- ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announcedICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insur...15 Oct, 2026, 07.21 AM IST
- BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of it...14 Oct, 2026, 10.48 PM IST
- Shipping ministry launches 2 credit risk insurance products for ship building industryThese policies include the Shipbuilding Project Credit Risk Insurance Policy for export projects and the Business Credit Shield Policy for ...14 Oct, 2026, 10.42 AM IST
- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...13 Oct, 2026, 12.18 AM IST
- GST reforms 2026: Employers get ITC on employee health, life insurance premiumsThe GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for e...10 Oct, 2026, 03.54 PM IST
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