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Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.
Private life insurers outpace LIC in new business premium growth
Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.
Gillco Group to invest Rs 800 crore to develop a premium residential project in Mohali
Gillco Group's development plan will feature 444 residences across six towers on 12 acres. Construction has commenced, with completion expected within four years under RERA timelines. Homes are priced from approximately Rs 11,500 per square foot.
Nifty July futures trade at premium
India VIX jumped 26.03% to 14.68.
Private life insurers outpace LIC as industry new business premium rises 16.6% in Q1
Life insurers saw a 16.6% rise in new business premium during the first quarter. Private sector players grew faster than LIC, driven by regular premium products. Total new business premium collected reached Rs 1.09 lakh crore in the period. Insurers are preparing for upcoming regulatory changes and improving demand. Private companies gained market share while LIC retained its dominant position.
Crude Oil: The 'Risk Premium' was compressed, not extinguished
Recent pullback in crude oil prices from the channel support suggests short-covering, but the prevailing structure continues to reflect lower highs and lower lows, keeping the broader downtrend intact
Life insurers report double-digit growth in June; SBI Life, Axis Max, ICICI Pru post strong expansion
Indian life insurance sees healthy growth in June 2026. Private insurers show double-digit expansion, LIC posts robust gains in key premium metrics.yash
Knack Packaging shares list at 11% premium; expert sees further upside
Knack Packaging achieved a strong market debut, listing at a premium. Experts recommend holding the stock for potential further gains. Investors can consider accumulating shares on dips after reviewing performance. The company manufactures printed and laminated woven polypropylene bags for various industries. Knack Packaging exports its products to seventy-one countries globally.
Laser Power & Infra IPO: GMP, price band to financials—10 things investors should know before subscribing
Laser Power & Infra's IPO opens July 9, 2026, aiming to raise ₹742 crore. The price band is set at ₹203-214 per share, with a minimum investment of ₹14,980. Recent financial growth includes 39.84% revenue CAGR, and positive grey market premium indicates strong investor interest.
Knack Packaging gains on market debut
Shares of Knack Packaging were currently trading at Rs 185.40 at 10:20 IST on the BSE, representing a premium of 9.06% as compared with the issue price of Rs 170.
Knack Packaging lists at nearly 11% premium after IPO subscribed 83 times
The ₹439.5-crore IPO of Knack Packaging received a robust response from investors, with the issue being subscribed 83.33 times overall.
Knack Packaging shares list at 10% premium, beat IPO GMP estimates
Knack Packaging shares listed at ₹188 apiece on the NSE and ₹186 on the BSE, against the IPO issue price of ₹170 per share