ICICI Prudential Life Insurance
ICICI Prudential Life turns to IT, pharma after risky telecom bet payoff
Tue, Nov 07, 2017
Fund managers at India`s largest private sector life insurer, ICICI Prudential Life Insurance, are turning their attention to the technology and pharmaceutical sectors following bumper payoffs from a contrarian bet on the country`s telecommunications sector.
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IRDAI asks ICICI Prudential to take over Sahara insurance business
Sat, Jul 29, 2017
Embattled Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24. ICICI Prudential had submitted a valuation report to the regulator to take over the company on the same day.
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Analysts back ICICI Bank even as provisions rise manifold
Tue, Nov 08, 2016
MB Mahesh, Nischint Chawathe and Abhijeet Sakhare, analysts at Kotak Institutional Equities said, “Despite a weak headline performance with stake sale driving operating profit growth, we like the results for the following: (1) watch-list is seeing greater share of resolution as compared to earlier fears of being impaired, (2) availability of contingency reserves, (3) solid growth in CASA/retail loans, and (4) healthy capital."
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IPOs weapon of choice for companies looking to raise money
Tue, Sep 27, 2016
Initial Public Offerings have become the go-to tool for companies to raise capital from the equity markets. Since the beginning of financial year 2017 (FY17), 15 companies have opted for the IPO route, raising over Rs 17,000 crore in cumulative equity.
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