Biggest Insurer Joins Executives Dumping Stocks: Corporate India

Mumbai, May 15 (TruthDive): LIC the State-owned insurance giant Life Insurance Corporation of India (LIC) has sold equity shares it held in blue chip companies for worth over Rs. 12,000 crores in the January March 2013 quarter. LIC in the same ...

HONG KONG/MUMBAI (Reuters) - Canada's Manulife Financial Corp and the Indian affiliate of Standard Life plc are among the suitors to place first-round bids for HSBC plc's Indian life insurance business, a stake valued around $200 million, people familiar with ...

P K Bhagat, general manager at General Insurance Corp of India (GIC), will become the managing director of the common third-party administrator (TPA), an in-house organisation mooted by public general insurers to settle medical insurance claims on a ...

The Indian arm of Hongkong and Shanghai Banking Corp. Ltd ( HSBC ) has closed $8.4 billion worth of merger and acquisition (M&A), disinvestment and equity capital markets deals since January, up from $5.2 billion in the whole of last year. The ...

Setting up foreign branches is set to become less strenuous for Indian insurers with the Insurance Regulatory and Development Authority (Irda) enabling companies in operation for a minimum three years to set up international branches. Insurance ...

Finance Minister P Chidambaram has asked the country's largest insurer Life Finance minister P Chidambaram has asked the country's largest insurer, Life Insurance Corp of India (LIC), to open 1,800 new offices this financial year. These offices ...

Research and Markets has announced the addition of the "India Insurance Market Outlook to 2016 - Led By Government Support" report to its offerings. In a release, Research and Markets noted that report highlights include: The report titled India ...

The modern Indian woman is a financially savvy individual who prefers to make her own independent decisions when it comes to finances. No wonder the market is flooded with women centric financial products to cater to her specific needs. Whether she ...

We are pleased to announce the winners of our annual Country Awards for Achievement in China, Hong Kong and India. Keywords: country awards CHINA BEST BANK ICBC This isn't an award to simply recognise the biggest player, and Industrial and ...