INDIAFIRST LIFE
IndiaFirst Life's IPO deferred, not shelved: Rushabh Gandhi
Gandhi said the "IPO plan has been deferred but not shelved", and will align with market conditions, which are expected to be more favourable 18 months from now. The company's earlier attempts were hindered by regulatory and market uncertainties.
FPIs may adopt a cautious stance until the election results are clear
Foreign Portfolio Investments (FPI) in India may see a cautious approach until the election results are clear. India's economic performance attracts FPI flows driven by factors like interest rates, inflation, and GDP growth, along with a stable political environment.
IndiaFirst Life Insurance appoints Rushabh Gandhi as MD & CEO
IndiaFirst Life Insurance has announced the elevation of Rushabh Gandhi, currently the deputy CEO, as its new MD and CEO. Gandhi, with over 29 years of experience in Indian and international markets, will succeed R.M. Vishakha, who is retiring on June 30. Gandhi's appointment is effective July 1 or upon regulatory approvals. The move aligns with the company's succession planning, leveraging Gandhi's strategic vision and experience in driving growth and profitability. His appointment is subject to IRDAI approval and other statutory clearances.
9 risk management strategies to navigate investment & risk as Sensex hits 75K
The Sensex's recent performance highlights caution amidst potential corrections and geopolitical volatility. Strategies like diversification, cash allocation, risk analysis, and margin of safety can help investors navigate risks effectively in their investment journey.
Turnaround story: 40 smallcaps that lost over 30% in FY23, turn multibaggers in FY24
The FY24 has been a turnaround year for smallcap stocks, witnessing a significant rally with many stocks turning multibaggers. However, concerns over valuations raised by Sebi might moderate returns in FY25. While equity bulls partied hard in most of FY24, the Securities and Exchange Board India (Sebi) turned a party spoiler towards the end.
ETMarkets Smart Talk: After a blockbuster FY24, watch out for rupee depreciation and monsoon in FY25: Dr Poonam Tandon
Dr. Poonam Tandon provides insights on market volatility, SEBI's valuation concerns, election-driven spending, and the semiconductor industry's growth potential. Investors should focus on quality companies and monitor geopolitical risks for FY25 investments. Dr Tanson says: "Given the sharp rally in the broader markets and frothy valuations in a few pockets, our current stance is conservative."
- Go To Page 1
Role of central bank in maintaining funding liquidity
It has been observed that the liquidity controlled by monetary policy affects the returns in bond and equity markets.
IndiaFirst Life Insurance strengthens leadership deck
“I am happy to announce the strategic leadership appointments of Sunder Natrajan as our CHRO and Amrish Maheshwari as the new CRO. Their proven expertise and dedication align seamlessly with our vision,” Vishakha RM, managing director, IndiaFirst Life Insurance, said in a statement.
IndiaFirst Life targets IPO launch by March
IndiaFirst Life Insurance received approval for an initial public offering from the capital markets regulator Sebi in March last year and aims to float the issue by March. The company is meeting investors to gauge the market sentiment.
5 sectors where this CIO of insurance company is betting on in 2024
ETMarkets spoke to Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life on markets risks and sectors to bet on in the next 12 months.
Free to raise commissions, insurers push annuity plans
The insurance regulator has granted insurers the flexibility to determine commissions across their product range, allowing them to offer higher commissions to distributors for annuities compared to ULIPs and increase the sale of such products.
ETMarkets Smart Talk: Cautious on smallcaps & midcaps till risk-reward becomes favourable: Dr Poonam Tandon
"The Indian equity markets have seen a significant rally, driven by favorable macro and micro factors, continuous inflows by FIIs, and strong retail participation. However, the market's continued rally has led to elevated valuations, and there is a belief that significant upside may be limited for some time. Investors are advised to keep some cash margin in their short-term portfolios, take profits from expensive stocks, and look for better entry points. "
IndiaFirst Life launches single premium plan
The IndiaFirst Life Guaranteed Single Premium Plan — a nonlinked, non-participating, individual, single premium savings plan offers policyholders guaranteed returns over up to 30 years. It is aimed at people who want to save for retirement and legacy planning.
ETMarkets Smart Talk: Why are FIIs looking at midcap companies? Dr Poonam Tandon decodes
"Post covid, many mid-small cap companies have reported improvement in their operating performance coupled with leaner balance sheets. This has led to improved interest from investors esp. domestic players. Other than MFs and retail which regularly invest in mid-small companies, other investment managers such as PMS, AIFs, family offices, and HNIs are also actively participating in this space."
IndiaFirst Life Insurance launches new G.O.L.D. plan
IndiaFirst Life Insurance Company has launched a non-linked and non-participating product Guarantee of Life Dreams (G.O.L.D.) Plan, that offers policyholders regular long-term income.
NPS rule change: PFRDA allows these investors to buy multiple annuities from the same life insurance company
The Pension Fund Regulatory Development Authority (PFRDA) has informed that it will now allow multiple Annuities for those NPS Subscribers who earmark the annuity corpus more than Rs 10 lakh wherein Rs 5 lakh utilised to buy each annuity scheme.
ETMarkets Smart Talk: Banking, capital goods & defence sector to see traction in FY24: Poonam Tandon
Despite external factors with respect to inflation and global slowdown remain challenging for India, we are positive on the domestic economy as the overall macro situation is superior to other markets from a long-term perspective.
IndiaFirst Life Insurance gets SEBI approval to float IPO
IndiaFirst Life Insurance Company recorded its highest five-year growth in terms of New Business Individual Rated Premium (IRP) amongst life insurers with PSU bank percentage, with a CAGR of 27.3% between fiscal 2017 to fiscal 2022.
Google expands India-first flood tracking tool to more countries
Google has expanded its AI flood forecasting services, first introduced in India back in 2018, to 18 additional countries across Africa, Latin America and Southeast Asia.
BoB-backed IndiaFirst Life Insurance files DRHP with Sebi for IPO
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) of up to 141,299,422 equity shares by promoter and selling shareholders, as per the draft red herring prospectus (DRHP).
IndiaFirst Life Insurance may file DRHP for Rs 2,000-cr IPO by October- end
The IPO is likely to include both issuance of fresh equity shares and an offer from sale (OFS) from promoters and existing shareholders of the company
ETMarkets Smart Talk: Poonam Tandon on top 6 sectors which could produce next set of multibaggers
"We see market performance to be more stock specific and companies exposed to the domestic economy with healthy cash generation and leaner balance sheets should do well. We continue to remain positive on the banking sector – the sector has seen improvement in its asset quality resulting in a decline in overall credit cost."
Aadhaar key ID layer for India-first innovations: UIDAI CEO Saurabh Garg
India has generated 133 crore Aadhaar IDs till date, he said while speaking at the week-long Digital Week hosted by MeitY (Ministry of Electronics and Information Technology).
Insurers to up term policy rates for the second time in FY 2022
Top private life insurers are revising term insurance rates by the fourth quarter. According to industry officials, reinsurers have taken a tough stance with the new Omicron variant adding to the uncertainty.
IndiaFirst Life Insurance FY21 results: Firm back in the black, posts Rs 30 cr profit
The private sector insurer, promoted by Bank of Baroda, Union Bank of India and Warburg Pincus, paid Rs 388 crore in overall claims during the year, up by nearly 35 per cent from a year ago's Rs 253 crore, she said.
IndiaFirst Life considers premium hike amid rising claims ratio
IndiaFirst Life has one of the most competitive term insurance plans in the market in the last few years, IndiaFirst Life MD & CEO R M Vishakha claimed.
IndiaFirst Life's Deputy CEO shares his bucket-list, says real learning happens out in the wilderness of the world
Rushabh Gandhi wants to discover New Zealand with his family.
Term cover costs set to go up as reinsurers hike life rates
According to insurance distributors, some companies have indicated that rates will go up from April 2021, when the new reinsurance contracts come into force. The companies that are understood to be revising their rates include Max Life Insurance, Tata AIA Life Insurance, IndiaFirst Life and Aegon Life.
This BFSI boss says loss of social connect inevitable in permanent WFH, managers must prepare themselves
Vishakha RM feels lines get blurred during WFH.
Load More
