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KOTAK ZURICH
Liberty General Insurance, ACKO become Tesla's insurance partners in IndiaTesla's entry into the Indian market has spurred insurance companies to offer specialized EV coverage. Liberty General Insurance and ACKO h...- Cred rolls into insurance space via Garage platformGarage is a platform where Cred users can track their vehicle spends, pending traffic ‘challans’, and insurance and pollution renewal dates...
- Kotak Mahindra Bank increases customer base, customer assets by 20% YoYKotak Mahindra Bank's first-quarter FY25 financial report shows a remarkable performance, with a PAT of Rs 6,250 crore, an 81% increase YoY...
- A Swiss company cheered up Kotak Mahindra Bank amid RBI's glareKotak Mahindra Bank's Q1 FY25 profit surged nearly 80% due to Zurich Insurance's acquisition of a 70% stake in Kotak General Insurance. The...
- Zurich Insurance set to raise India headcount by 40% in next three years“India will soon be the world’s third largest economy, the largest working age population, the biggest middle class amongst emerging market...
- Have conviction in India story, want to be fully present: Zurich Insurance Group's Tulsi NaiduZurich Insurance Group has acquired a 70% stake in Kotak General Insurance, making it the largest foreign investment in the insurance secto...
- Kotak Bank gets RBI nod to sell 70 pc stake in general insurance arm to Zurich InsuranceIn November last year, Zurich Insurance Company announced plans to acquire a 51 per cent stake in Kotak Mahindra General through a combinat...
- Insurance sector attracted Rs 54,000 crore FDI in last 9 years: DFS SecretaryAsset Under Management nearly tripled to Rs 60.04 lakh crore as compared to Rs 21.07 lakh crore in 2013-14, while the total insurance premi...
- Zurich Insurance to buy 70% stake in Kotak arm upfront in amended dealZurich Insurance Group will buy a 70% stake in Kotak Mahindra Bank's general insurance arm by paying 55.60 billion rupees (nearly $671 mill...
- Hot Stocks: Brokerage view on Kotak Bank, SBI Cards, GAIL India and Embassy Office ParksGlobal brokerage JPMorgan has maintained a neutral rating on GAIL India with a target price of Rs 175. The global investment bank has place...
- Stocks in news: HDFC Bank, RIL, ZEE, Mahindra Holidays, Ashok LeylandHDFC Bank received approval from the Reserve Bank to sell its 90% stake in the education loan company HDFC Credila- a move that will boost ...
- Zurich Insurance to acquire 70% stake in Kotak GeneralZurich has agreed to pay ₹4,051 crore for 51% stake including fresh growth capital of up to ₹1,609 crore. The expected date of completion f...
- Zurich Insurance to buy 70% in Kotak General InsuranceZurich Insurance is set to invest approximately Rs 4,051 crore for a 51% stake in Kotak General Insurance, in an agreement involving fresh ...
- Kotak Mahindra Bank to sell 51% stake in Kotak General Insurance to Zurich Insurance for Rs 4,051 croreKotak Mahindra Bank has sealed a deal with Zurich Insurance, where Zurich will invest Rs 4,051 crore to acquire a 51% stake in subsidiary K...
- Zurich Insurance to pick 51% stake in Kotak General Insurance for Rs 4,051 croreOnce Zurich acquires the 51% shareholding in the insurance company, it will cease to be a subsidiary of the bank. The proposed transaction ...
- Zurich Insurance eyes $400 million stake in Kotak General InsuranceZurich Insurance is reportedly in early-stage talks to acquire up to a 51% stake of Kotak General Insurance for roughly $400m, marking its ...
- Zurich Insurance eyes $400 million stake in general insurance arm of Kotak General InsuranceThe stake the Swiss insurer wants to secure will be worth around $400 million. Kotak is still evaluating offers, including from other inves...
- Trouble in Credit Suisse unlikely to impact India's banking system: ExpertsThe Switzerland-based bank, the report said, "has less than Rs 20,000 crore in assets (12th among foreign banks), presence in the derivativ...
- Explainer: What is Credit Suisse crisis all about and how will it impact India?However, the firm has been in financial trouble over the past 2-3 years and has been questioned for submitting its audited financial statem...
- Arun Jaitley to leave for 6-day visit to UK, Switzerland tomorrowArun Jaitley will tomorrow embark on a six-day official visit to the UK and Switzerland during which he will also attend various deliberati...
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