Top Indian Insurance Industry News & Updates - 12 Aug 2023,Saturday
🏭 Industry
📝 LIC chief: No loss in Adani investments
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🗎 Life Insurance
📝 LIC shares jump over 3.5% after Q1FY24 earnings; still down over 30% from issue price
📝 Digital transformation of all operations on LIC agenda, says Chairman Mohanty
📝 We will keep on increasing our policy ticket size: Siddhartha Mohanty, Chairman, LIC
📝 We are focussing to grow non-par premium: LIC chairman Siddhartha Mohanty
📝 Max Life Insurance launches ‘Max Life NIFTY Smallcap Quality Index Fund’: 5 things to know
📝 LIC jumps 5% on 14x profit growth in Q1; stock up 21% in 3 months
📝 LIC reports June quarter Profit after Tax of Rs 9,543.71 crore
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🏦 SEBI
📝 Sebi amends rules; enhances disclosure requirements for certain FPIs
📝 Sebi simplifies KYC process, rationalises risk management framework at KRAs
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🗎 Mutual Funds / AMCs
📝 Zerodha gets final nod for AMC licence from Sebi
📝 Helios Capital gets Sebi’s nod to launch mutual fund business
📝 Key taxes may be kept out of MFs’ expense ratio ambit
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Poonawalla Fin likely to tap PEs
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🗎 Govt Securities / Bonds
📝 2 Adani group units in talks to tap bond market to raise up to Rs 3,000 crore: Report
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