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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