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Stock market closing: Nifty, Sensex close in green, Tata Motors, HCL take lead
Out of 2,788 stocks traded today on the exchange, 1,527 saw advances, while 1,175 saw declines. 234…
It’s not banks but insurance that the retail investors now fancy
Retail investors are betting on India’s top-down approach, shows the latest data released by AMFI (…
PE deals activity at a 15-month high in India, marking a shift trend: Grant Thornton
The private equity deals in India have picked up pace in the January-March 2024. With 307 deals tot…
NCS portal registers 1 million job vacancies with one in three meant for freshers
Jobseekers have a reason to cheer. The National Career Service (NCS) portal under the Ministry of L…
Cementing gains: Indian real estate sector sees strong inflows from domestic capital
The Indian real estate sector, which has been having a positive 2023, is now looking poised for exp…
Motor insurance premiums register modest growth in October, while health sees a pick up
In October 2023, non-life insurance industry grew at a modest pace of 10% year-on-year. The industr…
Zurich Insurance set to acquire 51% stake in Kotak General Insurance for ₹4,051 cr
Zurich Insurance Company is set to acquire 51 per cent stake in Kotak General Insurance for Rs 4,05…
PTI
Premiums for private life insurance players go up 35% YoY in March, industry premium suffers a decline
In March, the private life insurance industry recorded a significant increase in premiums, growing …
Betting on banking and healthcare sectors for steady growth, says Chintan Haria of ICICI Prudential
The investment climate has toughened in the last few weeks, with Israel-Hamas conflict adding to to…
Reliance Capital asset sale: SBI Life and Apollo join the race, nearly 70 bids received so far
Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega respons…
Life insurers stare at 10-12% hit on top-line as Budget taxes higher premium products
The Budget has left the life insurance industry a worried lot with the new tax proposal on higher p…
PTI
Banks to drive earnings growth in Q4 while IT services to report muted numbers
Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…
More consolidation may happen in insurance sector going ahead; SBI Life, ICICI Prudential Life among analysts top picks
So, mergers and acquisitions will be a crucial part of the growth journey as there are many insu…
Max Financial Services: Company worth ₹24,000 crore running with only 12 employees
A holding company with only 12 employees has made it to India’s top 500 most valuable companies, ac…
India's services sector growth climbs to near 13-year high in April: PMI
India's services sector growth accelerated in April, as strong demand conditions resulted in the fa…
PTI
Bank of Baroda-backed IndiaFirst Life Insurance gets SEBI nod to launch IPO
Bank of Baroda promoted IndiaFirst Life Insurance Company (IndiaFirst Life) has received capital ma…
PTI
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
US private-sector payrolls jump by 978,000 in May as hiring rebounds
The median estimate was for a 650,000 gain. The reading marks five straight months of job additions…
Ben Winck
ICICI Pru Life Q2 net declines 55% to ₹199 cr
ICICI Prudential Life Insurance Company (ICICI Pru) on Saturday reported over 55 per cent dip in i…
PTI
India’s largest insurer cuts down its paperwork and that’s helped cut its costs by 40%
Eliminating paperwork has helped it cut costs by a massive 40%. Since their customers are…