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After disappointing results in Q1FY24, valuation support for LIC stock

Life Insurance Corporation of India (LIC) declared disappointing results in Q1FY24. While it reported a net profit of Rs 9,540 crore in Q1FY24, this was attributable to the transfer of Rs 7,490......

Insurance: Rs 100 cr entry cap for new players may be removed

The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up an insurance business in a bid to facilitate the entry of multiple players such as......

HDFC Bank, SBI, others not adhering to bulk SMS' norms

The telecom regulator on Friday released a list of 40 "defaulter" principal entities, including large banks like HDFC Bank, SBI and ICICI Bank, that are not fulfilling the regulatory norms on bulk......

Sebi and Irda clash again

The Securities and Exchange Board of India and the Insurance Regulatory and Development Authority are, once again, at odds.This time, the insurance regulator has raised objection over the market......

Controversial ex-LIC chief takes charge as Irda head

It’s a comeback any professional would dream of. Less than two years after he was demoted to managing director of Life Insurance Corporation (LIC) following charges of financial......

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

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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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