insurance
Finance
Warburg Pincus to buy 26% stake in IndiaFirst Life for $105 mn
Private equity giant Warburg Pincus has agreed to acquire a 26% stake in IndiaFirst Life Insurance Co. Ltd from Legal ......
Finance
Flashback 2017: NPA woes drag banks; MF inflows, insurance IPOs boost sentiment
Mounting bad loans haunted banks in 2017 and a couple of high-profile mergers collapsed, but a bunch of initial public ......
TMT
Temasek-backed Policybazaar.com starts process for IPO
Online marketplace Policybazaar.com, which reviews and sells financial products on its platform, has approached merchant bankers to take the company ......
General
PE firms may get to become promoters of insurers; Air Pegasus raises funds
The Insurance Regulatory and Development Authority has cleared a proposal allowing private equity firms to become promoters of insurance companies ......
Finance
New India Assurance slips on trading debut after $1.5 bn IPO
New India Assurance Co. Ltd, India’s biggest non-life insurer, made a disappointing start on the stock exchanges on Monday with ......
Finance
HDFC Standard Life's $1.34 bn IPO fully covered on day two
HDFC Standard Life Insurance Co Ltd’s initial public offering was fully subscribed on the second day, Wednesday, with institutional investors ......
Finance
HDFC Life IPO nears halfway mark on day 1; GIC, Tata's UC-RNT fund among anchors
India’s third-largest private sector life insurer HDFC Standard Life Insurance Co. Ltd’s maiden public offering nearly reached the halfway mark ......
Finance
Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2
The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......
Finance
How banks, govt and regulators are responding to fintech boom
The fin-tech sector in India has gained a lot of traction in recent years with many players emerging in payments, ......
Finance
BSE, Ebix to set up insurance distribution network in India
The Bombay Stock Exchange has joined hands with US-based insurance exchange Ebix Inc to form a joint venture to build ......
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