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About 43 results for "national insurance co"

State Bank of India says to begin process for life insurance arm IPO
Sify

State Bank of India says to begin process for life insurance a...

MUMBAI (Reuters) - State Bank of India, the nation's top lender by assets, said on Friday it would begin the process for an initial public offering (IPO) of its life insurance arm, with plans to sell a 10 percent stake. The bank said in a filing it would ... Sify, 2 days ago

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Money Control

National Insurance Co to raise Rs 800cr via subordinated debt

In a bid to achieve the required solvency margin of 1.5, state-run National Insurance Company is set to raise Rs 800 crore through subordinated debt in near future, a top company official said today.
 DNA1 month ago

India may name advisers for $1.6 bln stake sale in insurers within months

MUMBAI, Feb 2 (Reuters) - India is likely to within monthsname advisers for its planned listing of five state-run generalinsurers to raise as much as $1.6 billion this year, bankerssaid. In its budget published on Wednesday, the Indian governmentsaid it would ...
 Sify1 month ago India may name advisers for $1.6 billion stake sale in insurers within months  Sify1 month ago
Rediff.com

Budget: 10 things common man can look forward to

The people of the nation co-operated and patiently waited for the government’s promised “ache din”, and now they want their just rewards, says Adhil Shetty. The countdown to the Union Budget has begun and we all have huge expectations from it. When Prime Minister Narendra Modi demonetised high denomination currency notes in order to curb black money from the economy, he urged honest, tax-paying citizens to co-operate with the temporary inconvenience for a better future. The ...
 Rediff.com1 month ago

AIG to pay Buffett's Berkshire about $10 bln in insurance deal

By Jonathan Stempel and Suzanne Barlyn NEW YORK (Reuters) - American International Group Inc has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc to take on many long-term risks on U.S. commercial insurance policies it has ...
 Sify2 months ago
Mathrubhumi

Govt to sell 25% in 4 general insurance firms and GIC Re

The government on Wednesday approved the listing of four public sector non-life insurance companies and state-owned reinsurer (GIC Re) to help bring in more transparency and equity in these companies and improve corporate governance. “It could be either by ...
 The Financial Chronicle2 months ago 5 PSU general insurers to be listed, govt stake to come down to 75%  Mathrubhumi2 months ago
Rediff.com

IPO fundraising hit a 6-year high in FY17

A total of 25 companies raised Rs 28,220 crore during the financial year. Capital mobilisation through the initial public offering (IPO) route hit a six-year high in 2016-17. A total of 25 companies collectively raised Rs 28,220 crore, the highest since 2010-2011. A supportive secondary market and encouraging performance after the stock listed had kept investor sentiment buoyant towards the primary market. Investment bankers say the next financial year (starting April 1) could be even better, ...
 Rediff.com8 hours ago

'Suraksha' scheme for State players

After becoming the first association to introduce pension scheme for retired cricketers of the state, the Karnataka State Cricket Association set another benchmark by becoming the first in the country to launch a Group Insurance Scheme for players across the ...
 Deccan Herald1 day ago

'Environment to bring people into the financial system is very strong in India'

Venture capitalists Adam Wolfensohn and Ameya Bijoor tell Anjuli Bhargava about the kind of investments and companies they are looking at in India. After a year of funding crunch... IMAGE: Encourage Capital is excited about the digitalisation of financial services to reach a new segment. Photograph: Pawan Kumar/Reuters. Encourage Capital was formed in 2015 by the merger of Wolfensohn and Eko Asset Management. Wolfensohn had invested in FabIndia, Ujjivan, National Stock Exchange, REPCO Home ...
 Rediff.com5 days ago
catchnews.com

Seema Verma: The Indian-American in-charge of remaking US health care policy

Seema Verma, who was confirmed by the US Senate on a vote of 55-43, will play a key role in the Trump administration's bid to repeal and replace Obamacare and head the Centers of Medicare and Medicaid Services, which provides health services to 130 million people. IMAGE: Seema Verma signs the affidavit of appointment during her swearing-in ceremony, officiated by US Vice President Mike Pence, left, as her family -- from right, husband Sanjay, daughter Maya and son Shaan look on. Photograph: ...
 Rediff.com1 week ago Verma confirmed by Senate for top health post in Trump admin  catchnews.com1 week ago
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