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).......
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......
Life insurance companies are balancing the increasing use of celebrity endorsers by limiting the association to short, event-led campaigns, finds M Saraswathy. It seemed like an......
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.......
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......