Indian Insurance Industry News & Updates
MFs tighten grip on domestic stocks; FPI-DII ownership gap narrows further
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.
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'