“We are launching multiple products in respect of assets and we want the branches to build the assets. All these products will be used for acquiring the customer. Our probability of acquiring him is limited if we don’t have products…
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Corporate watchers said the decision by shareholders is significant given that the Burmans have announced an open offer to acquire an additional 26% of Religare’s equity, a move opposed by the company’s management. Currently, Religare does not have founder shareholders…
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The Insurance Regulatory and Development Authority of India (IRDAI) has decided to maintain existing surrender values for life insurance policies following concerns raised by insurers. The regulator has also allowed the sale of Index Linked Insurance Products tied to publicly…
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RBI cautious on raising overseas equity limits via mutual funds for risk management. $7bn stock limit, $1bn ETF limit. Indian mutual funds navigating tight regulations, eye international diversification.
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India’s services inflation expected to remain subdued, with a potential increase later. The industry may experience a surge in various costs, reflecting the country’s complex economic recovery and differing opinions on future trends.
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Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39% stake from Orissa Stevedores.
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