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).......

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......

Amid industry gloom, some life insurers see rise in profits

Even as the life insurance industry is undergoing regulatory changes and companies in this space are looking to sustain business, some life insurance companies have not only seen growth in premium,......

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......