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NIPPON LIFE INSURANCE
Bain Capital looks to team up with Sunil Munjal to buy Max Financial Services
Apax Partners also approached; Hero Corp & Analjit Singh currently in exclusive discussions
‘Life insurers’ raising exposure to guaranteed return plans a long-term risk’
The trend of offering guaranteed products has been visible ac...
Amfi pitches for debt-linked saving schemes in Budget
The industry body has also demanded that the government recognise mutual funds (MFs) as...
Life insurers may log strong new business
Life insurers such as ICICI Prudential, HDFC Life and SBI Life are set for a quarter of strong new business growth driven by increasing margin gains in protection business, expanding distribution network and robust premium even as some insurers may see increased stress in certain portfolios due to a slowing economy.
Mutual funds, FIIs cut holdings in this multibagger in Q3
Its shares have outpaced the benchmark Sensex with a wider margin during the past three years.
Share market update: Nifty Financial Services index down; REC dips 2%
The Nifty Financial Services index was trading 0.2 per cent down at 14,606.10.
ELSS, PPF, NPS, ULIP: which is the best option to save taxes under Section 80C?
We have compiled the features of these investment options - both the qualitative and quantitative data - that would help you to compare and find the best tax-saving option for you.
Amfi proposes a 17-point budget wish list
Association of Mutual Funds in India (Amfi) has proposed several points for the Budget 2020 to help take Indian mutual fund Industry to next orbit of growth.
FM may announce second round of capital infusion for non-life insurers in Budget
The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last month. However, these companies would require additional Rs 10,000-12,000 crore capital dose to meet the prescribed solvency margin, sources said.
Non-life insurers log 12% rise in premium at Rs 15,981 cr in Dec 2019
Of all the insurers, 25 general insurance firms reported a rise of 4 per cent in their combined premium during December at Rs 14,037.51 crore, as against Rs 13,502.48 crore in the year ago period.
Investors can expect returns of 8-9% from Nifty this year: Mahesh Patil
Largecaps will continue to do well, mid and smallcap companies could catch up, says Patil.
Of 173 applications, IRDAI selects just 23 for sandbox project
An eight-member evaluation committee headed by IIIT Bangalore director S Sadagopan was in charge of scrutinizing these applications. ET had earlier reported that the rejection rates for these applications would be on the higher side due to the high-risk factor of testing these products on a live audience.
Share market update: Nifty Financial Services index dips; STF down 3%
The Nifty Financial Services index was trading 0.62 per cent down at 14,576.80.
Share market update: Nifty Service sector index down; IndusInd Bank loses 6%
The Nifty Services sector index was trading 0.88 per cent down at 17565.45.
How to select the right life insurance policy
Personal accident insurance will cover the loss of income in case an accident leads to temporary disability.
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