IHC, ADIA among bidders for Adani’s $2.5 billion share sale
Middle Eastern investors including International Holding Co PJSC and Abu Dhabi Investment Authority are bidding to buy stock in the $2.5 billion follow-on share sale floated by Indian…
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SBI Life
SBI Life Q3 results: Profit falls 16% to Rs 304 cr, misses estimates
Insurance company SBI Life Ltd has reported a net profit of Rs 304 crore for the three months ended December 2022, which is down about 16% from Rs 364 reported in the same period of last…
Nomura India ECM Head Mangesh Ghogre quits
Mangesh Ghogre, the Executive Director and Head of Equity Capital Markets, Nomura India, has put in his papers. Ghogre, a seasoned investment banker with 18 years of experience, has moved to…
Vinit Bolinjkar on why NBFC stocks are back in demand & what are the top picks
“There is a lot of froth around the changing business dynamics and we believe that for some time the business will continue to remain sideways, interest will be lacklustre until the…
India set for a good stock & sector pickers’ market; here’s what Devang Mehta is…
"Credit growth and consumption and capex– the Cs – will lead to the fourth C which is corporate profitability. We are on a different tangent altogether. Whether the Indian market also gets…
Tech That: Banks, agents best sellers for Bajaj Allianz Life
Mumbai: Digital may promise to be a big driver of business from hotels to logistics, but when it comes to insurance, the traditional people-led sales model will continue to dominate the…
LIC plans dividends, bonus issues to revive battered stock: Report
Life Insurance Corp of India () is planning to transfer nearly $22 billion from policy holders' funds into a fund earmarked to pay dividends or issue bonus shares, two sources said on…
Buy SBI Life Insurance Company, target price Rs 1710: Emkay Global
Emkay Global has buy call on with a target price of Rs 1710. The current market price of SBI Life Insurance Company is Rs 1297.3. Time period given by analyst is one year when . price can…
IRDAI’s new rules on commissions give cos flexibility
The insurance regulator's new norms on commissions give insurance companies more flexibility while streamlining payments to agents and incentivising higher 'persistency ratios'. However, the…
Life insurance companies look poised for growth. Can expensive valuation play…
Like price to earnings ratio is the commonly used valuation metric for most industries, market cap to embedded value is used as a valuation tool for insurance companies.SynopsisThe insurance…