by AIP Online Bureau | May 19, 2024 | Indian News, Intermediaries, Wealth Management/ Philanthropy
The shares were picked up by a clutch of domestic mutual funds (MFs), insurance companies, and foreign investors. The entities that purchased stake are HDFC Mutual Fund (MF), Axis MF, HDFC Standard Life Insurance, ICICI Prudential Life Insurance, Abu Dhabi Investment...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
There are two main reasons why FPIs have been selling in FY2025. First, there’s uncertainty about the general elections. FPIs generally don’t like uncertainty; they prefer to play it safe and lock in the profit they made last year. Second, the market...
by AIP Online Bureau | May 19, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Companies like Suncor Energy, Canadian Natural Resources and Imperial Oil have oil sands projects within 150 km of Fort McMurry, an oil sands hub in Northern Alberta, with many workers living in the city More than half of the oil sands production from Canada could be...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
In the settlement, over 60,000 car owners affected by the emissions fraud will be paid up to 1,100 euros each, Italian consumer group Altroconsumo said in a statement. The scandal rocked the automotive industry in 2015 when it emerged that vehicles had been fitted...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Technology, Wealth Management/ Philanthropy
Warren Buffett, chairman, Berkshire Hathaway Buffett’s Berkshire is deeply familiar with the insurance industry, owning a range of companies including Geico and National Indemnity. The billionaire investor has called Berkshire’s property-casualty insurance operation...
