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Temasek-backed Policybazaar.com starts process for IPO

TMT

06 December, 2017

Temasek-backed Policybazaar.com starts process for IPO

Online marketplace Policybazaar.com, which reviews and sells financial products on its platform, has approached merchant bankers to take the company ......

PE firms may get to become promoters of insurers; Air Pegasus raises funds

General

30 November, 2017

PE firms may get to become promoters of insurers; Air Pegasus raises funds

The Insurance Regulatory and Development Authority has cleared a proposal allowing private equity firms to become promoters of insurance companies ......

New India Assurance slips on trading debut after $1.5 bn IPO

Finance

13 November, 2017

New India Assurance slips on trading debut after $1.5 bn IPO

New India Assurance Co. Ltd, India’s biggest non-life insurer, made a disappointing start on the stock exchanges on Monday with ......

HDFC Standard Life's $1.34 bn IPO fully covered on day two

Finance

08 November, 2017

HDFC Standard Life's $1.34 bn IPO fully covered on day two

HDFC Standard Life Insurance Co Ltd’s initial public offering was fully subscribed on the second day, Wednesday, with institutional investors ......

HDFC Life IPO nears halfway mark on day 1; GIC, Tata's UC-RNT fund among anchors

Finance

07 November, 2017

HDFC Life IPO nears halfway mark on day 1; GIC, Tata's UC-RNT fund among anchors

India’s third-largest private sector life insurer HDFC Standard Life Insurance Co. Ltd’s maiden public offering nearly reached the halfway mark ......

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

Finance

02 November, 2017

Mahindra Logistics' IPO covered eight times; NIA issue little changed on day 2

The initial public offering of Kedaara Capital-backed Mahindra Logistics Ltd saw good turnout on the final day, while that of ......

How banks, govt and regulators are responding to fintech boom

Finance

30 October, 2017

How banks, govt and regulators are responding to fintech boom

The fin-tech sector in India has gained a lot of traction in recent years with many players emerging in payments, ......

BSE, Ebix to set up insurance distribution network in India

Finance

26 October, 2017

BSE, Ebix to set up insurance distribution network in India

The Bombay Stock Exchange has joined hands with US-based insurance exchange Ebix Inc to form a joint venture to build ......

GIC Re drops on trading debut after $1.7 bn IPO

Finance

25 October, 2017

GIC Re drops on trading debut after $1.7 bn IPO

State-run General Insurance Corp of India (GIC Re) made a disappointing stock market debut on Wednesday with its shares listing ......

Insurance IPOs in India set to power Asia share sales higher in Oct-Dec

Markets

29 September, 2017

Insurance IPOs in India set to power Asia share sales higher in Oct-Dec

Asia ex-Japan share sales are expected to rebound in the final quarter of 2017, led by tech-related IPOs in Hong ......