by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Life
“We are committed to adapting to the evolving market landscape with agility and resilience. This includes continued investment in distribution, tech and customer-centric product innovations to deliver long-term value for our stakeholders,” said Vibha Padilkar,...
by AIP Online Bureau | Mar 1, 2024 | Banking & Bancassurance, Indian News, Non-Life
The move follows a May 2023 resolution by the bank’s board to increase the bank’s holding ICICI Lombard by another 4 per cent in multiple tranches Mumbai: Private sector lender ICICI Bank on Thursday said it has bought an additional 25.14 lakh shares of...
by AIP Online Bureau | Feb 28, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation, Wealth Management/ Philanthropy
“The liquidation value of the equity shareholder of RCL (Reliance Capital) is nil and hence, equity shareholders will not be entitled to receive any payment and no offer will be made to any shareholder of RCL,” according to an exchange filing by RCL Mumbai: Hinduja...
by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance, Wealth Management/ Philanthropy
The shares of New India Assurance(NIA) also rose almost 10 per cent and closed at Rs 265.10 in BSE New Delhi: The upward share prices of Life Insurance Corporation of India (LIC) and GIC Re, state-owned multinational reinsurer, on Monday brought cheers to the retail...
by AIP Online Bureau | May 25, 2023 | Indian News, Life, Wealth Management/ Philanthropy
The surge in annual profit in FY23 was helped by a jump in the second quarter bottomline to Rs 15,952 crore. It was due to a transfer of Rs 15.03 lakh crore to shareholders’ accounts at the end of September Mumbai: Shares of LIC on Thursday ended nearly 2 per...
