Selling pressure from pre-IPO investors feared in four start-ups this month
With Friday's decline, the stock price of Delhivery has corrected 46 per cent from its record high level of Rs 708.45, which it had touched on July 21, 2022
With 28 million shares opening up on November 15, 2022, along with 4 million shares that were already unlocked for AIF / FVCI investors, the float for PB Fintech is expected to go up significantly
CLOSING BELL: Sectorally, indices ended mixed with the Nifty FMCG index rising over 1 per cent, while the Nifty Bank, and Financial Services indices falling up to 1.4 per cent each
Home loan protection plan may only cover accidental death, which could leave the borrower's nominees exposed
Top gainers have surged between 50% and 315%, while new-age tech companies, such as Zomato and PB Fintech, have lost half their market value
'We are at an annual run rate of insurance premium of over Rs 9,700 crgrowing 52% YoY,' the company said
PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken. The company identified certain vulnerabilities on July 19 in a part of Policybazaar Insurance Brokers IT systems leading to illegal and unauthorized access to the network. "In this regard, Policybazaar has reached out to the appropriate authorities and is taking due recourse as per law. The identified vulnerabilities have been fixed and a thorough audit of the systems has been initiated," the insurance brokerage firm said in a regulatory filing. The matter is currently being reviewed by the information security team along with external advisors, it said. "While we are in the process of undertaking a detailed review, as on date, our review has found that no significant customer data was exposed. Policybazaar has always prioritized the security and integrity of its systems and is committed towards
Protect family's data, finances; consider floater cover as well
A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months
Sheds 15% intraday before reversing some of the losses to end at Rs 582.8 on BSE
Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges. He currently holds 24.52 million shares in the company.
Roadside assistance and outstation emergency add-ons are useful
CI plans generally offer global coverage. "Even if the insured is diagnosed with a CI outside India, this plan will make a pay-out," says Vivek Gambhir, a product head at Tata AIG General Insurance
Zomato (down 6 per cent to Rs 57.65) and Policybazaar (down 5 per cent to Rs 597.20) have their respective all-time lows since their stock market debut.
54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said
The demand for term products is always there. The problem is the supply: Policybazaar.com CEO
Most insurance experts concur that women don't buy term insurance - one policy that can provide adequate protection - in large enough numbers
This is part of the global strategy of Softbank globally to not be on boards of listed firms
Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.