ICICI Lombard investors need to look beyond tech edge, good execution
ICICI Lombard General Insurance Co. Ltd is leveraging technology to attract customers and offer them appropriate products using data analytics. The company recently briefed analysts about its digital initiatives, which helped in scaling up its business while keeping costs under check.

SEBI launches new version of complaint redressal system SCORES 2.0
Markets regulator Securities and Exchange Board of India (SEBI) rolled out an upgraded iteration of its complaint redressal system, SEBI Complaint Redress System (SCORES 2.0), on April 1.

Employee Provident Fund (EPF): New EPFO rules effective from today that you should know
New EPFO rules: April 1st signals the start of a new financial year in India, bringing along revisions to regulations governing savings plans. Starting April 1, the Employees’ Provident Fund Organization (EPFO) will introduce important changes. According to various media reports, with the new rule, when an individual changes jobs, their old Provident Fund (PF) balance will be automatically transferred to the new employer. This eliminates the need for EPFO account holders to manually request PF transfers when joining a new company. Previously, despite having a Universal Account Number (UAN), individuals had to go through the hassle of requesting PF transfers, which would no longer be necessary.

Active funds shine as equity markets see broad-based gains in FY24
Contrary to past trends, active largecap funds fared much better than midcap and smallcap funds when it came to outperforming the benchmarks.

Private equity investment falls 6-year low to $24.2 billion in FY24
Investments via PE deals are down 47 per cent compared to FY23, when private equity deals worth $45.8 billion were signed.

‘Fundraising momentum to be sustained in FY25’: Neha Agarwal
 

Inclusion in key global bond indices boosts money flows into India
Cash pouring into India from its watershed inclusion into key global bond indexes is already reshaping markets in a country long keen to insulate itself from hot money flows.  

Health Insurers Tumble as Final Medicare Advantage Rates Disappoint
Health insurance stocks fell sharply Monday in late trading after US regulators didn’t boost payments for private Medicare plans like the industry had come to expect.