HDFC Life Insurance stock valuation needs a growth agent
HDFC Life Insurance Co. Ltd’s performance for fiscal year 2024 (FY24) was rather unins-piring. The reported total annual premium equivalent (APE) was flat year-on-year. However, after adjusting for a non-recurring premium income of ₹1,000 crore from the previous year due to Union Budget changes regarding the taxation of maturity proceeds, FY24 APE growth was nearly 8% year-on-year, reaching ₹13,290 crore.

LIC cautions public against misleading social media ads using brand name
LIC cautions public against misleading social media ads using its brand name, logo
The Indian Express

ICICI Prudential Life Q4 net dips 26 pc to Rs 174 cr
ICICI Prudential Life Insurance Company Q4 Results Live : profit falls by 26.18% YOY
mint

How to view all your MF holdings in one place
Mutual funds (MFs) have fast become the preferred vehicle of investment for people wanting a slice of the stock market action. So much so that the MF industry in India has witnessed exponential growth, with assets under management (AUM) reaching an impressive ₹53.40 trillion as of 31 March, going by data put out by the Association of Mutual Funds in India (Amfi). Yet, unlike with their bank accounts, many people find it tough to keep track of their MF investments for various reasons.

Nippon Life India Asset Management’s shares surge 4.27% on quarterly results
Mumbai: Nippon Life India Asset Management’s shares were up by 4.27 per cent after the company reported a 73.2 per cent increase in profit for the fiscal year ended 2024 at ₹342.63 crore compared to ₹197.74 crore during the corresponding period last year. However, the company’s revenues were down by 25.6 per cent to ₹348.34 crore compared with ₹468.27 crore last year. Sequentially, the company’s profits were lower by 30.3 per cent compared to ₹284 crore in the previous quarter.

Motilal Oswal AMC elevates Prateek Agrawal as MD

With over 14 years of experience, Niket Shah, Fund Manager, has been promoted as Chief Investment Officer. Currently, he manages assets worth over ₹18,000 crore. All of them will start on their new roles from Friday.

‘Complacency poses greatest market risk now ‘‘: Lakshmi Iyer, CEO-Investments & Strategy, Kotak Alternate Asset Managers Limited
New Delhi: The current General Elections season — spread over two months — are largely seen to be non-events from a markets perspective, with continuity of power likely for ruling dispensation. With market expectation having hit a peak, businessline spoke to Lakshmi Iyer, CEO-Investments & Strategy, Kotak Alternate Asset Managers, to get her sense of the market trends and outlook. 

PE investments look up, but tax uncertainty persists
The pace of transactions has picked up in India, with deal volumes in the first quarter of calendar 2024 rising by a fourth sequentially and by a third in value. There were 455 deals worth $25.6 billion, of which over 75 per cent was due to mergers and acquisitions, according to PricewaterhouseCoopers.