Top Indian Insurance Industry News & Updates - 24 Jun 2023,Saturday
🏭 Industry
📝 Dhan Vridhhi: LIC launches new non-linked period plan
📝 TReDS platforms enter discussions with insurers post RBI nod
📝 Benefit of enhanced insurance cover for export losses to be extended to accounts with limits up to ₹50 crore: Goyal
📝 Irdai says prior nod not needed for ULIPs; extends 'use and file' procedure
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🗎 Life Insurance
📝 HDFC Life gets Rs 942-crore GST demand notice
📝 Shriram Life Insurance declares bonus of Rs 149 cr
📝 Insurance regulator approves transfer of HDFC Life shares to HDFC Bank
📝 LIC launches close-ended ‘Dhan Vridhhi’ plan
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🗎 General Insurance
📝 Car insurance: Add-on options can save your vehicle from monsoon damage
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🗎 Health Insurance
📝 Rajasthan govt gives a booster shot to rural health infrastructure
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🏦 SEBI
📝 Sebi issues demand notices to 5 entities in Fortis Healthcare fund diversion case
📝 Sebi comes out with standard methodology for valuation of AIFs
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🗎 Mutual Funds / AMCs
📝 India fund mangers buy T-bills, dump bonds as early rate cut chances vanish
📝 38 mutual fund schemes doubled investors’ wealth in five years
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🗎 Equities, Pvt. Equity / Hedge Funds
📝 TPG exits Landmark Cars; sells 11.25% stake for Rs 293 cr
📝 Kotak Credit Funds invest Rs 732 crore in RattanIndia Power
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🗎 Govt Securities / Bonds
📝 InCred Money launches corporate bonds with fixed returns of 12.5% p.a.
📝 Tycoon Shapoor Mistry's firm set to sell India's biggest low-rated bond
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