LIC Loses 4% Market Share in Past 3-Months
Life Insurance Corporation of India (LIC) eroded its market share significantly between November 2022 and February 2023. The market share of India’s largest insurer fell...
Tag : HDFC Life
Union Budget 2023: Govt to Levy Tax on Insurance Policies with Premium Above Rs 5 Lakh
Finance Minister Nirmala Sitharaman said on Wednesday that the government will now levy the tax on insurance policies issued on or after April 1, 2023,...
Adani Enterprise, Adani Green, HDFC, Maruti Suzuki, Insurance Companies are in Focus
Domestic stocks will likely remain on edge on Thursday as pessimism in Adani Group shares could overshadow positive global signals. At 7:30 am, the SGX...
VC Firm Z3Partners Closes Rs 550 Crore Fund to Invest in Early Growth Startups
Z3Partners, a leading Indian technology and digital investment firm, said on Tuesday it had closed Rs 550 crore for its latest fund, which will invest...
Sensex Sinks 637 Points, Gives Up 61,00, Nifty Near 18,000, Realty, Metals Lead Losses
Stocks fell under selling pressure on Wednesday, snapping a two-day winning streak, as Wall Street awaited the release of minutes from the latest Federal Reserve...
Sensex Falls 350 Points, Nifty Around 18,600 Dragged by IT, Metal Stocks
In the current economic climate, two trends stand out. The US economy continues to be strong, as reflected in employment data, labour market conditions, and...
IRDAI Approves Merger of Exide Life into HDFC Life
Insurance regulator Irdai has given final approval to HDFC Life Insurance Company Ltd (HDFC Life) to incorporate Exide Life into the company. In January this...
SBI and Union Bank of India Set to Raise Rs 5,500 Crore
State Bank of India (NSE -1.81%) (SBI) and Union Bank of India will raise a total of about Rs 5,500 crore in 15-year bonds locally,...
Sensex, Nifty50 Rise as Financials, Oil, Gas and Auto Stocks Lift Markets
India’s stock benchmark tracked the strength of most other Asian markets on the back of early gains after edging higher on Tuesday. Buying interest in...
Nifty50 Down 17,350 Led by Financial, IT and FMCG Shares
India’s stock market benchmark opened lower on Tuesday, the second day of its most significant drop in more than two months, weighed down by weakness...