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Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug

Govt achieves 78% of FY27 divestment, asset monetisation Budget target in Apr-Aug

by AIP Online Bureau | Aug 28, 2026 | Eco/Invest/Demography, Indian News, Policy

A strategic sale in IDBI Bank is on the table. After a failed attempt earlier this year to sell it, the government has received revised bids from Dubai-based Emirates NDB and Prem Watsa-led Fairfax Financial Holdings. New Delhi: The government has achieved about 78...

LIC, GIC Re and New India continue to be Domestic Systemically Important Insurers(D-Slls) in 2023-24:IRDAI

by AIP Online Bureau | Mar 27, 2024 | Indian News, Life, Non-Life, Reinsurance

D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system Hyderabad: Insurance regulator IRDAI, on Wednesday, said Life...

GIC reaches agreement to buyout Cinven’s stake in Miller

by AIP Online Bureau | Dec 11, 2023 | Intermediaries, International News, Non-Life, Reinsurance

“This further investment in Miller is consistent with GIC’s strategy of developing long-term relationships with our portfolio companies and targeting the highest quality businesses. The defensive nature and strong market dynamics of the (re)insurance market,...

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