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Business News Today: Read latest breaking headlines for Business news, Financial news, Stock/Share market & Indian Economy news & updates on Businessline.
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ICICI Bank acquires 2% stake from joint venture partner of its life insurance arm for ₹1,470 cr
1+ week, 3+ day ago (206+ words) ICICI Bank on Wednesday said it has raised its stake in its life insurance venture by buying a 2 per cent stake from its joint venture partner for a sum of ₹1,470 crore. The bank has, through multiple tranches executed between July…...
Prudential to sell 2% stake in ICICI Prudential AMC worth about $333 million
2+ week, 3+ day ago (177+ words) British insurer Prudential Plc plans to sell up to a 2 per cent stake in ICICI Prudential Asset Management Company through the open market to help meet minimum public shareholding requirements, the companies said on Wednesday. The sale will value the…...
LIC’s investment portfolio shifts decisively away from loans
1+ mon, 1+ week ago (455+ words) LIC's investment portfolio reached â¹50.66 lakh crore by March 2026, with rising exposure to private firms and equities dominating asset allocation....
National-level co-operative life insurance company soon, says Amit Shah
2+ mon, 6+ day ago (263+ words) Union Cooperation Minister Amit Shah on Monday announced that a pan-India co-operative life insurance company will soon be established. This will mark the fifth national-level co-operative body launched by the NDA government, following the recent setup of dedicated entities for…...