Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Prudential HCL Health gets IRDAI licence, becomes India’s 8th standalone health insurer
Prudential HCL Health Insurance gets IRDAI nod as a standalone health insurer, marking India's third new insurance entrant of 2026.
Prudential HCL Health Insurance gets IRDAI nod
India's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, backed by Prudential Group Holdings and HCL Group, aims to tap into the growing demand for medical cover. The approval also signals broader regulatory changes, including new accounting standards and a policyholder protection fund. Prudential's presence in India is significantly expanding with this new health insurance arm.
Prudential-HCL joint venture becomes India’s eighth standalone health insurer
The regulator's approval anchors a massive overhaul of the multinational's domestic strategy following its recent announcement of a proposed ₹3,500-crore acquisition of Bharti AXA Life.
HDFC Life Insurance Company Ltd drops for fifth straight session
HDFC Life Insurance Company Ltd is quoting at Rs 566.75, down 1.58% on the day as on 13:19 IST on the NSE. The stock tumbled 28.23% in last one year as compared to a 5.59% slide in NIFTY and a 0.28% fall in the Nifty Financial Services index.
Solvency buffers at insurers thinning; general insurance sector more of a concern
The Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain compliant, their buffers are shrinking. The general insurance segment faces a more serious challenge, with three public sector firms persistently falling below the minimum solvency requirement for over a year, posing a direct financial stability risk.
Solvency buffers at insurers thinning; general insurance sector more of a concern
The Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain compliant, their buffers are shrinking. The general insurance segment faces a more serious challenge, with three public sector firms persistently falling below the minimum solvency requirement for over a year, posing a direct financial stability risk.
HDFC Life receives GST appellate order confirming ₹133 crore tax demand, to appeal at tribunal
Shares of HDFC Life Insurance Company Ltd ended at ₹575.50, down by ₹8.15, or 1.40%, on the BSE.
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy Oxides - Moneycontrol.com
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy OxidesMoneycontrol.com
JioBlackRock enters SIF, launches its first regular-plan product
JioBlackRock enters the SIF segment with a hybrid long-short fund, while ICICI Prudential MF launches a multi-asset active FoF for diversified investing
Niva Bupa, Star Health Get Buy Calls As Nomura Initiates On Four Insurers -- Check Target Prices
Nomura initiated coverage on India's non-life insurance sector with Buy ratings on Niva Bupa and Star Health, while assigning Neutral ratings to ICICI Lombard and PB Fintech amid regulatory uncertainty.
Nomura bets on these two non-life insurance players for up to 23% upside
India's non-life insurance industry has delivered a compound annual growth rate (CAGR) of 13% in gross written premiums between FY16 and FY26, with the market expanding to ₹3.35 lakh crore in FY26.
Six of top-10 firms add ₹88,678 crore in mcap, ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by Rs 88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner. Last week, the BSE benchmark Sensex climbed 297.57 points, or 0.38 per cent, and the NSE Nifty went up by 42.9 points, or 0.17 per cent. "Markets ended the holiday-shortened week with modest gains, advancing in three of the four trading sessions. Sentiment remained constructive, supported by easing crude oil prices, improving geopolitical developments in West Asia, and selective buying by foreign institutional investors (FIIs)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro were the gainers, Bharti Airtel, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and Hindustan Unilever faced erosion from their valuation. The market valuation of ICICI Bank jumped Rs ...