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GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
Zerodha’s Nithin Kamath flags ULIP, endowment traps; says health policies remain complexNithin Kamath highlights persistent personal finance blunders by Indians, particularly the continued uptake of ULIPs and endowment plans de...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsThe spike in crude oil prices has again created trouble for the Nifty and Sensex, as it has done a number of times in the past two months. ...
For investors with long-term perspective: 5 mid-cap stocks from different sectors with upside potential of up to 30%Even before the US-Israel-Iran war began, there was a sort of readjustment taking place in the mid-cap segment – a kind of valuation readju...
West Asia crisis: Govt expands export insurance schemeIndia's government has expanded its RELIEF scheme to cover Jordan and Egypt. This move offers higher insurance to exporters facing disrupti...
$25,000 payout alert: Drivers could claim cash from $4.15 million settlement — deadline April 29AAA $4.15 million insurance settlement claim payout is now open for eligible drivers, with payments up to $25,000 and deadline April 29. Dr...
Bajaj Allianz Life declares bonus worth Rs 1,201 crore in FY23Bajaj Allianz Life has declared a bonus of Rs 1,201 crore for the financial year 2022-23, marking the 22nd consecutive year of bonus paymen...
Tata AIA Life declares Rs 861 crore surplus payoutAll participating policies in-force as of March 31, 2022 are eligible to receive this annual payout, it said in a statement on Tuesday. The...
ICICI Pru Life hikes bonus for FY22 by 12% to Rs 968 crStrong fund management capabilities coupled with robust risk management practices have enabled the company to consistently reward participa...
Bajaj Allianz Life Insurance declares bonus worth Rs 1,070 crore in FY22The bonus declared by the company includes regular reversionary bonus of Rs 840 crore and terminal and cash bonus of Rs 230 crore.
LIC IPO: 5 things policyholders looking to get discounted shares should knowThe much-anticipated IPO of LIC will open on May 4, 2022. Here are five things policyholders interested in investing in the IPO through the...
Can an LIC policyholder with lapsed policy apply for discounted IPO shares?To be eligible for reservation under the Policyholder Reservation Portion category, the policy should have been issued on or before the dat...
Reliance Nippon Life declares Rs 306.88 crore bonus to policyholdersThis bonus issuance will benefit over 6,85,000 participating policyholders, a company release said.
HDFC Life announces Rs 2,180-crore bonus for participating insurance plan subscribersUnder a participating plan, a policyholder is eligible to get a share in the profits of company in the form of bonus.
ICICI Pru participating at Rs 867 crore in FY21 highest ever for policyholdersA total of 9.8 lakh participating policyholders will be eligible to claim their share of this bonus. Policyholder bonus is the share of pro...