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Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.

ICICI Prudential board approves reclassifying Prudential as an investor
ICICI Prudential Life Insurance's board approved seeking Irdai's nod to reclassify Prudential Corp. Holdings and rename the company to ICICI Life Insurance Ltd.
Outcome of board meeting of ICICI Prudential Life Insurance Company
Held on 06 July 2026

TPG, GIC and ICICI Bank acquire Aseem Infrastructure Finance for ₹5,000 crore
Aseem is a leading sustainable infrastructure debt financier with a core focus on renewable energy, power transmission and other infrastructure assets in India. It was established in 2020 by the National Investment and Infrastructure Fund, India’s sovereign-anchored alternative asset manager.

ICICI Prudential Life Insurance Changes Name To ICICI Life Insurance
This development comes after the company had its status changed from 'Promoter' to 'Investor'.

China gold ETF overtakes CSI 300 fund as investors move away from equities
State-backed purchases of stock ETFs have eased in China, while demand for gold, fixed-income and cash-management funds has reshaped the country's ETF rankings.

India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual Fund - Moneycontrol.com
India emerging as contrarian bet as TSMC, Samsung, SK Hynix drive 72% of EM rally: DSP Mutual FundMoneycontrol.com
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
UK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential Life Insurance. This move is necessitated by Prudential's agreement to acquire a 75% stake in Bharti Life. Indian regulations prohibit an entity from being a promoter in two insurance ventures simultaneously. Prudential will consequently reduce its stake in ICICI Pru Life to below 10%.

ICICI Prudential Life to seek IRDAI nod for Prudential's promoter-to-investor reclassification
As part of the arrangement, ICICI Prudential Life will apply to the Insurance Regulatory and Development Authority of India (IRDAI) to reclassify Prudential from a 'promoter' to an 'investor' under applicable insurance regulations.

ICICI Bank Signs Pact With Prudential To Reclassify UK Firm To 'Investor' Status Post Bharti Life Deal
ICICI Bank will also vote in favour of the appointment or replacement of the director.

ICICI Bank, Prudential sign undertaking to defuse conflict-of-interest concerns ahead of Bharti Life deal
The undertaking, signed between the two promoters of ICICI Prudential Life on Saturday, seeks to address potential conflicts of interest arising from Prudential's proposed acquisition of Bharti Life.
11 largecap stocks with upside potential of up to 50%. Do you own any?
Indian investors are eyeing significant gains as analyst forecasts highlight 11 largecap BSE stocks poised for 25% to 50% growth in the next year. Companies like Swiggy, ICICI Prudential Life, and HDFC Life Insurance are among those with strong 'Buy' ratings and substantial projected upside.