Top Indian Insurance Industry News & Updates - 01 July 2023,Saturday
🏭 Industry
📝 Irdai asks private insurers to frame pay norms for top brass within 3 months
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🗎 Life Insurance
📝 Insurance query: Supplementing life cover with critical illness rider
📝 Insurance firms in new push to hire, retain employees
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🗎 General Insurance
📝 HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares
📝 Why Companies Should Include Home Insurance in their Corporate Insurance Policies
📝 HDFC buys additional stake in insurance firm HDFC ERGO to make it an arm
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🗎 Health Insurance
📝 IRDAI’s Mandate: Mental illness coverage in health insurance
📝 Corporate India's health insurance safety net doesn't cover everyone
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🏦 SEBI
📝 Sebi fines Vedanta Rs 30 lakh for breaching listing and disclosure norms
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🗎 Mutual Funds / AMCs
📝 HDFC AMC shares jump 15%, hit 52-week high after Sebi defers decision to overhaul TER regulations
📝 How can Sebi keep AMCs and mutual fund investors happy? A Balasubramanian answers
📝 AMC stocks surge as Sebi defers TER rationalisation
📝 At higher levels obviously the valuations are high: Harsha Upadhyaya
📝 Axis Focused 25 Fund completes 11 years; offers 13.75% since inception
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 Equity market sizzles as FPI inflow in June hits 10-month high
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🗎 Govt Securities / Bonds
📝 Government okays 27th tranche of electoral bonds; sale from Monday
📝 India bonds see best quarter in 3 years on RBI rate pause
📝 Foreigners flock to snap up 18.75% yield on India low-grade bond
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