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ICICI Prudential Life Insurance Changes Name To ICICI Life Insurance
This development comes after the company had its status changed from 'Promoter' to 'Investor'.
El Nino remains an important variable to watch; earnings recovery likely in H2FY27: Dharmesh Kakkad of ICICI Pru AMC - livemint.com
El Nino remains an important variable to watch; earnings recovery likely in H2FY27: Dharmesh Kakkad of ICICI Pru AMClivemint.com
10 Nifty stocks Motilal Oswal recommends buying ahead of Q1 results. What can shareholders expect?
As the Q1FY27 earnings season begins with TCS's results on Thursday, Motilal Oswal expects Nifty earnings to grow 10%, the fastest pace in four quarters. The brokerage has identified 10 stocks, including Bharti Airtel, SBI, ICICI Bank, M&M and Titan, that it believes offer attractive upside ahead of the June quarter earnings, backed by strong fundamentals and growth prospects.
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.
Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates
The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.
Midcap stocks ignore Middle East war, AI worries to jump up to 85% in 2026. More rally or sharp correction ahead?
Despite a weak first half for benchmark indices, India's midcap stocks outperformed, driven by resilient domestic inflows, stronger earnings and sectoral tailwinds. Analysts expect the momentum to continue, although elevated valuations, geopolitical risks, crude oil prices and the sustainability of domestic fund flows remain key factors to watch.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Shriram Finance, Piramal Pharma shares on 6 July
Indian benchmark indices, Sensex and Nifty 50, opened higher on July 6, driven by gains in private banking stocks following strong quarterly updates from HDFC Bank and Axis Bank. Market breadth was positive with 14 of the 16 major indices in the green.
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.