insurance
TMT
As Ebix holds fuel gun, ItzCash fires up buyout engine
Fresh from its acquisition by Ebix Inc, a deep-pocketed and cash-rich software firm based in the US, payments company ItzCash ......
TMT
Health and fitness startup Growfitter raises funding
Mumbai-based health and fitness discovery platform Growfitter Pvt. Ltd, which runs Growfitter.com, has secured $600,000 (Rs 3.9 crore) in a ......
Finance
Merchant banks in a spot as rival insurers plan IPOs
Two merchant banking firms hired by SBI Life Insurance Company to manage its initial public offering appear to be caught ......
Finance
SBI Life Insurance picks eight merchant banks for IPO
SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......
Finance
Kotak Mahindra to buy out Old Mutual from insurance JV for $201 mn
Kotak Mahindra Bank Ltd has agreed to acquire British partner Old Mutual plc’s 26% stake in their life insurance joint ......
General
How M&A insurance can be a strategic tool for Indian transactions
M&A transactions are one of the most complex processes undertaken by an organisation, presenting a wide range of potential pitfalls ......
General
India cabinet approves plan to cut stake in general insurers
The Union cabinet has cleared a plan to list five state-owned general insurance companies on stock exchanges and trim its ......
General
Top trends to watch out for in banking and financial services
India's banking and financial services companies will brace for new challenges in 2017 as the entry of new types of ......
General
ICICI Prudential Life makes forgettable debut; stocks slump 11% on issue price
ICICI Prudential Life Insurance Co. Ltd made a disappointing debut on the stock markets on Thursday, with its shares ending ......
General
India regulator proposes mandatory listing for insurers
The Insurance Regulatory and Development Authority of India (IRDA) has proposed to make it mandatory for all insurers to go ......
