Insurance - general
British insurance company Aviva plans to buy Friends Life for $8.8 bn
22 Nov 2014
A merger of Aviva and Friends Life would create the UK’s largest insurance, savings and asset management business by number of customers and a net worth of about £20 billion ($31.4 billion).
Jaitley vows insurance reforms soon; Chidambaram scoffs
08 Nov 2014
Finance minister Arun Jaitley expressed confidence that the Insurance Amendment Bill, which aims to raise foreign direct investment (FDI) from 26 per cent to 49 per cent, will be passed in the winter session of Parliament beginning this month
LIC to invest Rs3,00,000 crore this fiscal: report
06 Aug 2014
The state-run insurer is looking to invest around Rs45,000 crore in equities alone in the current financial year, says LIC chairman S K Roy
Insurance bill in limbo as opposition seeks clarifications on draft
04 Aug 2014
Congress leader Anand Sharma said his party wanted clarity on the implication of the proposed bill inter alia on the settled definition of 'foreign direct investment' given its composite nature
Cabinet clears 49% FDI in insurance
24 Jul 2014
A higher foreign investment limit in the insurance sector could result in additional capitalisation of insurance companies by between Rs40,000 and 60,000 crore over a period of time
IRDA mulls five-year term for car insurance
22 Jul 2014
Arun Jaitley seeks insurers’ views on FDI cap
20 Jun 2014
HSBC sells UK pension business to Swiss Re unit
12 Jun 2014
Japan’s Dai-Ichi Life Insurance to buy US peer Protective Life for $5.7 bn
04 Jun 2014
The proposed deal is the biggest overseas acquisition by a Japanese life insurer, and the second-biggest takeover of a US company by a Japanese firm in the past 12 months
LIC leads India’s insurance sector with 75.33% share in first year premiums
13 May 2014
LIC continued to lead the insurance business in the country with a growth of close to 18 per cent in first year premium income during 2013-14
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Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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