Mon, Apr 29, 2024
Last week, six of India's top 10 firms witnessed a significant increase in market valuation by Rs 1.3 lakh crore. Led by SBI and ICICI Bank, amidst a positive trend in equities, the BSE benchmark rose by 641.83 points or 0.87% during the week.
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Thu, Apr 18, 2024
Even accounting for consistent 3x company-level growth in non-par products, VNB margins on new business are likely to remain below that of private peers by FY30. Similarly, operating returnson EV will trail the private industry, even if it enhances dividend payouts in the medium term, the brokerage held.
Mon, Apr 15, 2024
To borrow money against your life insurance, you must have a policy with cash value, which is often found in permanent life insurance policies. Term life insurance is ineffective in this situation since it has no monetary value. The reason you need adequate cash value in your life insurance is to utilise it as collateral for a loan.
Sun, Dec 11, 2016
State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.
Tue, Oct 18, 2016
Small players like Star Union Daichi and Indiafirst also reported strong (75-125%) growth likely due to activation of their banking channels.
Thu, Sep 01, 2016
If the nation's largest financial entity LIC is listed on the bourses, it would command the highest valuation in the country in terms of market capitalisation, Finance Minister Arun Jaitley said on Thursday.
Tue, Jul 19, 2016
Many more public sector based insurance companies are likely to enter the market via IPO.
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