Insurers nearly double private credit fund investmentsOver the past two years, insurance companies have notably enhanced their engagement with private credit funds as a strategy to diversify in...
22 Oct, 2026, 12.15 AM IST
Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation rulingMotor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly...
21 Oct, 2026, 05.18 PM IST
Sun Pharma to raise Rs 10,000 crore to part-finance Organon dealSun Pharmaceutical Industries plans to raise ₹10,000 crore through two tranches of rupee-denominated bonds. The funds will help refinance b...
21 Oct, 2026, 06.48 AM IST
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
20 Oct, 2026, 11.11 PM IST
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up 32%, according to analystsHistory tells us that there is no way you can time the markets or predict its movement. But one thing can certainly be said: If the macro m...
20 Oct, 2026, 06.03 AM IST
Piramal Finance Q2 net profit soars 67% to Rs 545 crorePiramal Finance’s assets under management grew 24% to Rs 1.13 lakh crore, led by a 30% rise in retail AUM. Net interest income increased 35...
19 Oct, 2026, 07.19 PM IST
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
19 Oct, 2026, 03.23 PM IST
Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...
19 Oct, 2026, 12.51 AM IST
Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...
18 Oct, 2026, 02.50 PM IST
Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...
16 Oct, 2026, 03.36 PM IST
Ather Energy gets Irdai licence, will distribute and service insurance policiesThe Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a ...
16 Oct, 2026, 12.22 PM IST
HDFC Life posts 14% rise in Sept quarter profitValue of new business (VNB) margin expanded 20 basis points to 24.7% against 24.5% a year ago. One basis point is a hundredth of a percenta...
16 Oct, 2026, 06.35 AM IST
LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer CoverLife Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan D...
15 Oct, 2026, 03.37 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
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
15 Oct, 2026, 05.30 AM IST
BlackRock, SBI MF lead Tonbo Imaging’s Rs 255 crore anchor round ahead of IPOTonbo Imaging raised Rs 255 crore from anchor investors ahead of its Rs 852 crore IPO, allotting shares at the upper price-band limit of Rs...
15 Oct, 2026, 01.16 AM IST
LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offerLife Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New J...
13 Oct, 2026, 05.43 PM IST