INDIA INSURANCE INDUSTRY
M-cap of 7 of top-10 most valued firms soars Rs 1.72 lakh crore; TCS steals show The 30-share BSE Sensex jumped 622 points, or 0.78 per cent, to settle at a record closing level of 80,519.34 on Friday. During the day, it zoomed 996.17 points, or 1.24 per cent, to hit an all-time high of 80,893.51.
14 Jul, 2024, 11.27 AM ISTParag Parikh Flexi Cap Fund reduced stake in RIL, BHEL, added more of ITC in June Parag Parikh Flexi Cap Fund reshuffled its portfolio in June by reducing shares of Reliance, Bharat Heavy Electricals, TCS, and Tech Mahindra.
12 Jul, 2024, 10.55 AM ISTRVNL, REC among BSE500 stocks defying today's market downtrend Despite gains for RVNL, CAMS, and REC, the bearish market saw Sensex and Nifty crashing. RVNL gained 8%, CAMS 4%, and REC over 3%. Mahindra & Mahindra fell 7%, signaling weak auto demand. Media, PSU banks, real estate, and oil and gas sectors suffer...
10 Jul, 2024, 01.00 PM IST- ADVERTISEMENT
Gross written premiums of general insurers up 13.3% in Q1 India's general insurance sector saw strong growth with an 8.76% increase in premiums for June and a 13.33% rise for the first quarter, driven by higher demand for motor and health insurance. Companies like ICICI Lombard and Star Health Insurance re...
10 Jul, 2024, 12.15 AM ISTIndia's food services sector to hit Rs 7.76 lakh cr by 2028: NRAI Report India's food services sector is projected to grow from Rs 5.7 lakh crore to Rs 7.76 lakh crore by 2028, according to the National Restaurant Association of India's (NRAI) India Food Services Report 2024. This represents a CAGR of 8.1%, surpassing th...
09 Jul, 2024, 08.31 PM ISTIndia-Russia to push long-term arrangement for crude supplies at annual summit New Delhi and Moscow aim to establish a long-term arrangement for crude oil supplies during PM Narendra Modi's visit on July 8-9. The discussions have been sparked by the increase in Russian oil exports. The focus is on ensuring a consistent supply ...
09 Jul, 2024, 10.12 AM ISTBudget 2024: Is a Rs 10 lakh insurance the vitamin India's healthcare system needs? The Centre is considering doubling the beneficiary base of the Ayushman Bharat health insurance scheme over the next three years, starting with those aged above 70, alongside raising annual coverage to Rs 10 lakh. These proposals are anticipated in ...
08 Jul, 2024, 04.17 PM ISTBudget 2024: FDI makeover on the horizon? Govt eyes major overhaul in defence, insurance and plantation The Indian government is considering reviewing FDI caps for key sectors like defence, insurance, and plantations to streamline processes and boost investment. This move aims to address stagnating FDI flows, despite India's 'China Plus One' strategy.
08 Jul, 2024, 12.08 PM ISTMcap of 8 of top-10 most-valued firms jumps Rs 1.83 lakh cr; TCS, Infosys biggest gainers The BSE benchmark rose 963.87 points, up 1.21%. Eight leading firms added Rs 1,83,290.36 crore, led by TCS, Infosys, Reliance, ICICI Bank, LIC, Hindustan Unilever, ITC, and SBI. TCS increased by Rs 38,894.44 crore, Reliance by Rs 32,611.36 crore. HD...
07 Jul, 2024, 11.43 AM ISTLIC partners with AT Kearney for agency transformation initiative LIC, in partnership with A.T. Kearney, launches 'Jeevan Samarth' to transform itself with global practices. CEO S Mohanty emphasized future-proofing 1.4 million agents. The project reviews branch, division, and zonal levels, addressing customers' ev...
04 Jul, 2024, 08.06 PM IST5 stock market myths in a raging bull market: Kotak Equities Despite the ongoing bullish trend on D-Street with frequent new highs, Kotak Institutional Equities has cautioned investors by debunking five prevalent market myths in a recent note. Among these myths are beliefs that Indian markets are currently tr...
04 Jul, 2024, 02.55 PM ISTM-cap of nine of top-10 most valued firms jumps Rs 2.89 lakh crore; Reliance biggest winner Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points o...
30 Jun, 2024, 10.42 AM ISTFMCG sector to have sustained growth rate of 7-9% in 2024: Report The FMCG industry was struggling after the pandemic and the rural sector was having successive degrowth for some quarters. However, the industry navigated through showcasing resilience and adaptability amidst evolving consumer trends and witnessed a...
25 Jun, 2024, 04.30 PM ISTMcap of three of top-10 most valued firms jumps Rs 1.06 lakh cr; HDFC Bank, ICICI Bank shine The combined market valuation of three of the top-10 most valued firms jumped Rs 1,06,125.98 crore in holiday-shortened last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers. Last week, the BSE benchmark Sensex climbed 217.13 poin...
23 Jun, 2024, 12.48 PM ISTTesla vs Tata Motors: Elon Musk's $56 billion salary more than TaMo revenue Musk's compensation package not only outstrips TaMo but also surpasses the total revenues of other prominent Indian entities, including HPCL, SBI, Rajesh Exports, and TCS
18 Jun, 2024, 05.15 PM ISTM-cap of five of top-10 most valued firms jumps Rs 85,582 crore; LIC biggest gainer Top-10 firms gained Rs 85,582.21 crore in market valuation last week, with LIC leading. BSE Sensex rose 0.39%, hitting an all-time high. Market cap changes noted for Reliance, HDFC, Bharti Airtel, SBI, and LIC.
16 Jun, 2024, 12.18 PM ISTJefferies' Wood picks GMR Airports, reduces weights in three banks Wood said, in his weekly Greed & Fear newsletter, that the airport operator's introduction into its portfolio will be at the expense of the reduction of weights in ICICI Bank, HDFC Bank and Axis Bank.
15 Jun, 2024, 07.25 AM ISTMcap of 8 of top-10 valued firms jumps Rs 3.28 lakh cr; TCS, HUL, Reliance lead winners Eight of the 10 most valued domestic firms together added Rs 3.28 lakh crore to their market valuation last week, with blue-chips Tata Consultancy Services, Hindustan Unilever and Reliance Industries emerging as the biggest winners. In an eventful ...
09 Jun, 2024, 11.09 AM ISTMcap of nine of top-10 most valued firms jump Rs 1.85 lakh cr; Reliance, HDFC Bank sparkle Nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation last week, with Reliance Industries Ltd and HDFC Bank stealing the show with maximum gains, in line with rally in equities.
26 May, 2024, 09.55 AM ISTMcap of 8 of top 10 most valued firms climbs Rs 1.47 lakh cr; LIC, Reliance major gainers Eight of the top-10 most valued firms, including LIC and Reliance Industries, added Rs 1,47,935.19 crore in market valuation last week. The BSE benchmark climbed 1,341.47 points, and NSE and BSE conducted a special trading session on May 18 to test ...
19 May, 2024, 01.54 PM IST