Top Indian Insurance Industry News & Updates - 16 Aug 2023,Wednesday
🏭 Industry
📝 India names R Doraiswamy as LIC's next managing director
📝 Medtech companies still in talks with insurers to get their treatments covered
📝 Ayushman health insurance: Private players outbid PSU firms to bag 2 states
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🗎 Life Insurance
📝 You can save up to 80% on your term life insurance premium if you quit smoking; when and how to buy it
📝 After disappointing results in Q1FY24, valuation support for LIC stock
📝 Max Financial Services: Optimistic outlook
📝 Dividend stock: LIC to get over ₹1,800 crore as ITC begins dividend payment to shareholders
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🏦 SEBI
📝 Sebi proposes delistings via fixed price mechanism
📝 Sebi limits ban on Subhash Chandra, Punit Goenka to Zee entities
📝 SEBI seeks 15 more days to complete probe into Hindenburg's allegations on Adani group
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🗎 Mutual Funds / AMCs
📝 Axis AMC launches private credit fund; eyes Rs 1,250 cr corpus
📝 ‘Finfluencers should not mislead public’
📝 ‘MF industry to double its AUM in next 5 years’
📝 Mirae Asset India chief bets big on India’s growth story
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 There is nothing called ‘defensive’ in equities, says Siddharth Oberoi of Prudent Equity
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🗎 Govt Securities / Bonds
📝 AMC scouting for corp bond repo participants
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