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Icici Direct

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Insurance co has to pay accident victim even if driver's licence has expired: HC

An insurance company is liable to pay compensation to the accident victim's kin even if the driving licence of the offending vehicle's driver has expired and not renewed, as an expired licence......

HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. IMAGE: Kindly note that this image has......

Issuers in wait-and-watch mode for overseas listing at GIFT City

With the government clearing the decks for direct listing at the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC), issuers will wait for the......

What's in store for mutual fund investors in 2024?

The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds. Illustration: Dominic......

Private bank profits see impact of alternate investment fund provisions

The bottom lines of several private sector banks have taken a hit following the recent guidelines released by the Reserve Bank of India (RBI) on alternate investment fund (AIF) investments.......

AIF returns trailed market gains in Dec

Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Illustration: Uttam Ghosh/Rediff.com Close-ended......

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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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