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LIFE INSURANCE COMPANY
- Ashish Kacholia, Kotak Life lead Fusion CX’s Rs 315-crore anchor book ahead of Rs 702-crore IPO
Fusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance a...
Stocks in news: HCL Tech, RBL Bank, Nazara Tech, Hero Motors, Power Grid and IRCONIndian stock markets struggled on Monday, as the Nifty 50 saw a considerable drop. The falls were attributed to increasing bond yields, con...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel ...
Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CXAce investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% sta...
Earnings Tracker: HDFC Bank, HCL Tech, Wipro among 129 companies set to report Q2 results this weekAs many as 129 companies are set to announce their Q2 FY27 results this week, including HDFC Bank, ICICI Bank, Axis Bank, HCL Tech, Wipro a...
Canara HSBC Life Q2 profit rises 5% YoY to Rs 43 croreCanara HSBC Life Insurance Company's September quarter has marked a significant growth, with a 5 percent rise in net profit, totaling Rs 43...
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair priceNomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The ...
Good news for employees: Input Tax Credit on group health and life insurance allowed; Know how it employeesNow GST input tax credit to emoyers on group insurance; this can mean more life and health insurance coverage for employees; Know how it he...
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
Rs 9,395 crore block deal! GQG exits ITC shares after a sharp 30% crash this yearITC witnessed a nearly Rs 9,437 crore block deal as a GQG-linked fund sold 36.51 crore shares, while Fidelity and major Indian mutual funds...
Rs 50 lakh personal accident claim denied over “misrepresentation”; insurer’s own investigator found it valid; here’s why nominee wonIn a significant ruling, the Kurnool Consumer Commission directed ICICI Lombard to pay a Rs 50 lakh insurance claim that was initially reje...
LIC mints Rs 531 crore in one day as Trent shares rally 13%; insurance behemoth’s stake value nears Rs 4,700 crTrent shares rose sharply after a strong Q2 business update, adding over Rs 17,540 crore to its market capitalisation. The surge lifted the...
Insurance misselling misunderstood: The regulator’s proposal is tantamount to addressing the symptom, while ignoring the causeIn FY25, the Indian insurance sector experienced significant premium growth while maintaining flat penetration rates. However, complaints r...
Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
Bajaj Finserv to rope in ex-GIC re chief for reinsurance ventureBajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re bri...
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC BankICICI Life Insurance Company on Friday appointed Sidharatha Mishra as managing director and CEO, effective October 14. The appointment come...
What will happen to policyholders if a life insurer fails? BJP MP urges PM Modi to create a safety netIn a recent appeal, BJP Rajya Sabha MP Ajeet Madhavrao Gopchade urged Prime Minister Narendra Modi to implement a robust protective system ...
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...