Icici Prudential Life News
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Ahead Of IPO, LIC Raises Over Rs 5,600 Crore From 123 Anchor Investors
Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing
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ICICI Prudential Life Insurance's New Term Plan Offers 105% Return: Check Details
The new policy, ICICI Pru iProtect return of premium, also offers an option to take cover against 64 critical illnesses, the life insurer said in a statement.
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CMS Info Systems IPO Opens Tomorrow, Company Garners Rs 330 Crore From Anchor Investors
CMS Info Systems, one of the major cash management companies in the country, has garnered Rs 330 crore from 12 anchor investors ahead of its IPO
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Rossari Biotech's IPO Set To Open On Monday. Here's All You Need To Know
Rossari Biotech's initial public offer (IPO) will open for subscription for three trading days starting Monday, July 13. Trading in the Rossari IPO will be available from 10:00 am to 5:00 pm. Mumbai-based specialty chemicals maker Rossari Biotech said on Friday it had raised Rs 149 crore from anchor investors, including Abu Dhabi Investment Authori...
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ICICI Prudential Life Insurance Appoints NS Kannan As MD And CEO
NS Kannan, an Executive Director at ICICI Bank succeeds Sandeep Bakhshi.
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IRDAI Asks ICICI Prudential To Take Over Sahara's Insurance Business
Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24.
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Evaluating Sahara Life For Take-Over: ICICI Prudential Life
Operations of Sahara India Life, a unit of Sahara Group, was taken over by Irdai on 12 June.
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ICICI Prudential Life's Mega IPO Subscribed 52% On Day 2
ICICI Prudential Life Insurance's IPO, the first by an insurer in India, was subscribed 52 per cent on the second day of bidding.
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ICICI Bank Gains As ICICI Pru Life IPO Opens
Religare, citing news reports, said that ICICI Bank may also sell its 100 per cent stake in ICICI Home Finance for around Rs 2,300 crore, which could result in a gain of Rs 1,100 crore for the private sector lender.
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ICICI Prudential IPO: Anchor Investors Get Rs 1,635-Crore Shares
Ahead of its mega IPO worth up to Rs 6,057 crore, ICICI Prudential Life Insurance is believed to have allotted shares worth Rs 1,635 crore to a clutch of marquee investors from India and abroad, including the Singapore government, Nomura and a pension trust for Boeing employees.
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LIC, ICICI Prudential asked to comply with anti-money laundering norms by regulator
Irda has asked LIC to put in place systems and controls to comply with AML provisions. It said there were no systems in place to detect and monitor when a person made multiple cash transactions aggregating over Rs 50,000 in cash.
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Ahead Of IPO, LIC Raises Over Rs 5,600 Crore From 123 Anchor Investors
Anchor investors are institutional investors who are allotted shares before an IPO opens but they have to hold their shares for a certain period after listing
-
ICICI Prudential Life Insurance's New Term Plan Offers 105% Return: Check Details
The new policy, ICICI Pru iProtect return of premium, also offers an option to take cover against 64 critical illnesses, the life insurer said in a statement.
-
CMS Info Systems IPO Opens Tomorrow, Company Garners Rs 330 Crore From Anchor Investors
CMS Info Systems, one of the major cash management companies in the country, has garnered Rs 330 crore from 12 anchor investors ahead of its IPO
-
Rossari Biotech's IPO Set To Open On Monday. Here's All You Need To Know
Rossari Biotech's initial public offer (IPO) will open for subscription for three trading days starting Monday, July 13. Trading in the Rossari IPO will be available from 10:00 am to 5:00 pm. Mumbai-based specialty chemicals maker Rossari Biotech said on Friday it had raised Rs 149 crore from anchor investors, including Abu Dhabi Investment Authori...
-
ICICI Prudential Life Insurance Appoints NS Kannan As MD And CEO
NS Kannan, an Executive Director at ICICI Bank succeeds Sandeep Bakhshi.
-
IRDAI Asks ICICI Prudential To Take Over Sahara's Insurance Business
Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24.
-
Evaluating Sahara Life For Take-Over: ICICI Prudential Life
Operations of Sahara India Life, a unit of Sahara Group, was taken over by Irdai on 12 June.
-
ICICI Prudential Life's Mega IPO Subscribed 52% On Day 2
ICICI Prudential Life Insurance's IPO, the first by an insurer in India, was subscribed 52 per cent on the second day of bidding.
-
ICICI Bank Gains As ICICI Pru Life IPO Opens
Religare, citing news reports, said that ICICI Bank may also sell its 100 per cent stake in ICICI Home Finance for around Rs 2,300 crore, which could result in a gain of Rs 1,100 crore for the private sector lender.
-
ICICI Prudential IPO: Anchor Investors Get Rs 1,635-Crore Shares
Ahead of its mega IPO worth up to Rs 6,057 crore, ICICI Prudential Life Insurance is believed to have allotted shares worth Rs 1,635 crore to a clutch of marquee investors from India and abroad, including the Singapore government, Nomura and a pension trust for Boeing employees.
-
LIC, ICICI Prudential asked to comply with anti-money laundering norms by regulator
Irda has asked LIC to put in place systems and controls to comply with AML provisions. It said there were no systems in place to detect and monitor when a person made multiple cash transactions aggregating over Rs 50,000 in cash.
