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...
by AIP Online Bureau | May 17, 2023 | Indian News, Life, Wealth Management/ Philanthropy
“LIC’s IPO listed at a discount and has never seen the IPO price since then. It has massively underperformed the Nifty as well as its peers over the past year,” Deepak Jasani, Head of Retail Research at HDFC Securities, said New Delhi: Shares of the country’s largest...
by AIP Online Bureau | Apr 24, 2023 | Indian News, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits
In a regulatory filing on Friday, HDFC Life Insurance Company has said that Reserve Bank of India (RBI) has permitted HDFC Bank or HDFC to increase their shareholding in HDFC Life Insurance Company and HDFC ERGO General Insurance Company to over 50 per cent prior to...
