Indian Insurance Industry News & Updates

MFs tighten grip on domestic stocks; FPI-DII ownership gap narrows further
 

09 Nov 2024
Niva Bupa Health Insurance IPO sees tepid response on day 2
Niva Bupa Health Insurance Company Limited’s initial public offering (IPO) witnessed a muted response on its second day, with an overall subscription of 0.71 times as of November 8, 2024, 11.36 AM.

09 Nov 2024
The Last Financial Closing...

 

Sensex 78,782.24 (−941.88)
NSE 23,995.35 (-309.00)
US$ spot Rs.
US$ Y.152.3200
US$ 6 months Rs.
Yen Rs.0.55
Euro spot Rs.
Gold (10gm) Rs.78,400.00
Silver (1kg) Rs.94,226.00
 
 

Crude Oil (WTI)  
Crude Oil (Brent) $
   



Scip on BSE Face Value (Rs)  Last Traded Value (Rs.)
Apollo Tyres  1 484.90
Asahi Ind  1 723.15
Amara Raja B 1 1,374.25  
Ashok Leyland  1 208.00
Bharat Forge 2 1,418.50
JK Tyre Ind  10 390.00
Eicher Motor  10 4,830.35
Escorts  10 3,725.00
Exide Ind  1 445.00
Force Motors  10 7,361.00  
Gabriel India  1 451.00
Hero Motocor  2 4,807.00
Hind Motors  5 26.21
HiTechGear  10 793.50
Jay Bharat   5 102.35
Jamna Auto 5 109.90
Kinetic Engg  10 165.00  
KOEL   2 1,130.00
Kirloskar Bro:  2 1,940.00
L&T   2 3,575.90
Lumax Ind  10 2,471.00
Lumax Tech  10 512.75
M&M  5 2,878.00
Maruti Suzuki  5 11,064.35
Motherson SS  1 184.80
Minda Inds  2 959.00
MRF  10 1,20,550.00
Omax Auto  10 120.10
Rico Auto  1 93.70
JTEKT India  1 172.15
SRF Ltd  10 2,248.25  
Tata Motors  2 824.20
 TVS Motors  1 2,415.00

 

Time to open up insurance sector for 100% FDI: Irdai chief Debasish Panda
With the new regulatory framework focusing on ease of doing business, a reduced compliance burden, and a more robust and resilient risk management system through risk-based capital, risk-based supervision, and the International Financial Reporting Standard, the industry is now positioned to meet its evolving needs, said DEBASISH PANDA, chairman, Insurance Regulatory and Development Authority of India (Irdai). To fully capitalise on these changes, the industry must expand into underserved regions, developing products tailored to the specific needs of different geographies, he highlighted.

BS BFSI Summit: 'Changes to surrender value norms in interest of customers'
 

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