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According to insurance distributors, some companies have indicated that rates will go up from April 2021, when the new reinsurance contracts come into force. The companies that are understood to be revising their rates include Max Life Insurance, Tata AIA Life Insurance, IndiaFirst Life and Aegon Life.
Oracle gains as cloud infrastructure business gets AI boostIf the gains hold, the company will add about $30 billion to its market valuation of $340 billion as of Tuesday market close. The shares have so far this year gained 18%.
from Stocks-Markets-Economic Times https://ift.tt/WJr… Read MoreSAIF Partners pares around 6% stake in Senco Gold for Rs 433 croreAccording to the bulk deal data available on the BSE, SAIF Partners India IV offloaded 45,07,487 shares, amounting to a 5.8 per cent stake in Senco Gold. The shares were disposed of at an average price of Rs 960.02 apiece, ta… Read MoreET Market Watch: Sensex, Nifty extend winning streak with fresh record highs; top highlights
from Stocks-Markets-Economic Times https://ift.tt/0pVyWQh
… Read MoreNvidia sheds $200 billion in value after short run as top stockTraders noted that there were no fundamental reasons for the two-day selloff. However, it highlights the rapid pace at which the stock had risen—nearly 200% in the past year—which now makes it susceptible to sudden declines l… Read MoreIndus Towers releases pledge to enable UK’s Vodafone to sell 18% stake in tower companyWhile Indus Towers has released a pledge on a significant portion of Vodafone's stake, enabling an 18% sale, it retains a secondary pledge on the remaining 3.06%. This move stems from a security agreement established during t… Read More
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