LIC is world's fourth-largest insurer: S&P Global

Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by......

Hindujas tap private credit, foreign banks for RCap buy

The Hinduja group is learnt to be looking at alternative means of financing, including private credit, to fund its Rs 9,661 crore all-cash offer to acquire Reliance Capital. Photograph: Courtesy,......

Robust growth ahead for pvt insurers; HDFC Life may see stronger momentum

Private players continued to show strong momentum in the life insurance individual new business segment during August, 2023. Illustration: Uttam Ghosh/Rediff.com On an aggregate, the industry......

RCap auction postponed to April 11 even as Torrent pursues litigation

Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August. Dev Chatterjee reports. Photograph: Francis......