Pandey emphasised that cybersecurity is no longer merely an IT...
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Retail participation in financial markets likely to deepen as household savings shift towards market-linked assets: SEBI
The number of unique mutual fund investors rose 13.2 per cent...
Life Insurance:Protecting India’s rising aspirations
For India's semi-urban and rural households, life insurance is not...
No plan to monetise subsidiaries, focus on enhancing their value: PNB MD
He said all subsidiaries also are well capitalised whether the PNB MetLife India Insurance, PNB Housing Finance or PNB Gilts. NEW DELHI: With its capital adequacy ratio exceeding 18 per cent, Punjab National Bank has no immediate plans to monetise its subsidiaries,...
ICICI MF buys 1% stake in Go Digit General Insurance for ₹139 cr
The transaction was executed on Wednesday at an average price of Rs 243 apiece, taking the deal size to Rs 139.03 crore, as per the data. Mumbai:ICICI Prudential Mutual Fund has bought about a 1 per cent stake in Go Digit General Insurance from venture capital firm...
LIC hands over Rs 12,207 cr dividend to Sitharaman
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman(centre) receiving a dividend cheque from the senior management of Life Insurance Corporation LIC is completing 70 years since its incorporation and as at 31.03.2026 has an asset base of ₹ 59.03 Lakh...
Crypto asset tax reporting obligation: Here is what it means for exchanges, investors
The objective of the guidance note on crypto asset reporting obligations is to bridge the information gap that existed because such assets could be transferred or held outside the traditional financial system. The Central Board of Direct Taxes (CBDT) has issued a...
Rekha Jhunjhunwala transfers Star Health shares to promoter LLP in succession-linked move; stock slips
The insurer said Rekha Jhunjhunwala's direct stake declined after 7.82 crore equity shares were transferred to Sitara Partners LLP, a promoter entity in which she is a Designated Partner, following the transmission of shares inherited from the estate of late investor...
Big Plans: Howden charts course for IPO with multi-billion-dollar valuation
David Howden,Chief Executive Officer, Howden Like many sectors, insurance endured a sharp selloff after the debut of a ChatGPT enabled application that in this case enabled customers to compare insurance rates.While master of his own destiny when it comes to the...
ICICI Lombard loses over $980 million in value on persistent earnings worries
A recent Indian Supreme Court ruling on motor accident compensation, coupled with pricing pressures, has raised the risk of further provisioning and earnings downgrades, analysts said. Mumbai:Shares of ICICI Lombard General Insurance logged their steepest fall in six...
Japan Post Insurance and SCOR sign MoU for ceding of Postal Life Insurance Policies
The MoU covers the cession of the underwriting risks under Japan Post Insurance’s Postal Life Insurance policies and the establishment, investment and operation by SCOR of a reinsurance vehicle for risk management purposes, intended to assume underwriting risks held...
InsuranceDekho taps banks for $400 million India IPO
The offer from Girnar Insurance Brokers Pvt., backed by Investcorp and BNP Paribas Cardif, could launch this year or early 2027, with a target to raise as much as $400 million, the people said, asking not to be identified because the information is private. Indian...
Health Insurance: Creating simple, adequate, and transparent solutions
Among young Indians, the study finds that financial awareness is no longer translating into protection. While over half of Gen Z respondents actively invest through mutual funds and SIPs, many continue to postpone purchasing personal health insurance, assuming...