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A 100% sum assured would be liable to victims of accidents that result in death or permanent disablement, as per the draft guidelines whereas partial disablements would have different predetermined caps for reimbursements. The policy period has been kept as one year.
2 entities offload 14% stake in Sansera Engineering for Rs 622 crICICI Prudential Mutual Fund (MF), Kotak Mahindra MF, SBI Life Insurance Company, Societe Generale, Public Sector Pension Investment Board, and International Monetary Fund, among others, were buyers of shares.
from Stocks-Ma… Read MoreAhead of Market: 10 things that will decide D-Street action on WednesdayIndian benchmark indices Sensex and Nifty closed higher on Tuesday, with Sensex gaining 0.25% to reach 63,323 and Nifty advancing 61 points to close at 18,816.70. All Nifty sectoral indices, other than pharma and media, ended… Read MoreIIFL Securities to appeal to SAT against SEBI order on onboarding new clients“It may be noted that the order does not affect the company’s existing business with the existing clients,” IIFL Securities said in an exchange filing.
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… Read MoreBain Capital sells 0.7% stake in Axis Bank for Rs 2178 crore 50 FPIs lap up sharesIt was the second time in less than a year that Bain Capital reduced its stake in the bank. Following the sale, Bain now holds around 1.3% stake in the bank's capital. Morgan Stanley, Goldman Sachs, Kuwait Investment Authorit… Read More15 entities dupe investors to the tune of Rs 2.09 crore. Here's howThe Securities and Exchange Board has fined multiple entities for impersonating a brokerage firm and creating artificial volumes in the Kapil Raj Finance scrip through SMS tips. The investigation found that at least 15 people… Read More
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