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LIC raises Rs 5,627 cr from anchor investors led by domestic institutions
Insurance behemoth LIC on Tuesday said it has garnered a little over Rs 5,627 crore from anchor investors led primarily by domestic institutions ahead of its mega initial public offering (IPO).......
20 years of India's insurance sector
As many as 50 players have set up shop but penetration remains low and only a handful dominate the business, says Subrata Panda. Illustration: Uttam Ghosh/Rediff.com Twenty years after......
Bank stake sales in insurance, MF arms hit a wall
Sources say given the complexity involved in the process of creating a holding company, which will ultimately be the parent company of banking and other businesses, banks are going slow in......
How private insurance cos are making life difficult for LIC
Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas. Illustration: Uttam Ghosh/Rediff.com Public sector life......
How to secure your family's financial future
Use whole life term policies for legacy planning. By doing so, your annual outgo will come down and returns will improve, suggest Chirag Madia and Tinesh Bhasin. Illustration: Uttam......
We should not put too much pressure on Sindhu: Padukone
Sindhu doesn't have mental block in major finals, insists Padukone IMAGE: PV Sindhu lost to Carolina Marin in the final of the World Championships for the second successive loss in the summit......
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