by AIP Online Bureau | Apr 1, 2025 | Data, Non-Life
Among the top performers, Maruti Suzuki, Mahindra & Mahindra, and Kia India showcased impressive growth in their SUV sales. New Delhi: The Indian automakers on Tuesday reported strong sales figures for the month of March, particularly in the SUV segment, driven by...
by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy
The initiative will reduce unclaimed assets in the Indian securities market and enhance investor protection. New Delhi: Investors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative will...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“Indian equities faced sharp declines on the first trading session of FY26, with the Nifty tumbling 1.5 per cent to close at 23,165, amid heightened concerns over US President Trump’s reciprocal tariff plans, which take effect from April 2nd,”...
by AIP Online Bureau | Apr 1, 2025 | Health, Indian News, Life, Non-Life
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...