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General Insurance Corporation of India News

GST indecision pressure insurance stocks; HDFC Life, SBI Life shed up to 4%

The GST Council has announced the formation of a new Group of Ministers to review the issue of GST rate reduction on health insurance.

GST indecision pressure insurance stocks; HDFC Life, SBI Life shed up to 4%
Updated On : 10 Sep 2024 | 4:13 PM IST

GIC RE gets bids worth Rs 2,300 cr; demand only half of total issue size

Shares of GIC Re, the country's largest reinsurance company, have rallied over 75 per cent in the past one year. The company is currently valued at Rs 69,825 crore

GIC RE gets bids worth Rs 2,300 cr; demand only half of total issue size
Updated On : 04 Sep 2024 | 4:50 PM IST

GIC Re slips 5% after Govt plans to dilute 6.78% stake to raise Rs 4,700 cr

The decline in GIC Re's share price follows the central government's announcement of its plan to reduce its stake in the company by 6.78 percent to raise about Rs 4,700 crore.

GIC Re slips 5% after Govt plans to dilute 6.78% stake to raise Rs 4,700 cr
Updated On : 04 Sep 2024 | 9:56 AM IST

Will the Indian stock market tank post the Hyundai IPO? What history suggests

Back home, out of the last seven big IPOs to hit the Dalal Street (D-Street) since 2007, the Sensex has lost ground five times post the stocks of these companies debuted at the exchanges

Will the Indian stock market tank post the Hyundai IPO? What history suggests
Updated On : 21 Jun 2024 | 10:03 AM IST

Regulatory concerns key hurdle as pvt general insurance players gain share

The implementation of Ind-AS 117 and its assumptions on liability and other insurance-related changes in regulations could be a future cause of concern

Regulatory concerns key hurdle as pvt general insurance players gain share
Updated On : 19 Jun 2024 | 10:37 PM IST