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LIC raises Rs 5,627 cr from anchor investors led by domestic institutions

 Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO).......

PNB reworks deal with MetLife to fit regulatory bill

 Punjab National Bank, which had proposed to buy 30 per cent in MetLife Insurance for Rs 1, has reworked the sale agreement amidst the insurance regulator's discomfort with the deal structure.......

20 years of India's insurance sector

 As many as 50 players have set up shop but penetration remains low and only a handful dominate the business, says Subrata Panda. Illustration: Uttam Ghosh/Rediff.com Twenty years after......

Bank stake sales in insurance, MF arms hit a wall

 Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in......

Paperless insurance coming soon for all

 New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switchInsurance companies are preparing to issue e-insurance policies in the near......

Satwik-Chirag don't fear any opponent at Paris Olympics

 IMAGE: Satwik Sairaj Rankireddy and Chirag Chandrashekhar Shetty had narrowly missed out of a quarterfinal berth in the last Olympics when despite winning two of their three group matches, the duo......

We should not put too much pressure on Sindhu: Padukone

 Sindhu doesn't have mental block in major finals, insists Padukone IMAGE: PV Sindhu lost to Carolina Marin in the final of the World Championships for the second successive loss in the summit......

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World Test Championship 2023

 India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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 Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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