New India-assurance

Showing of 1 - 20 from 17 results
New India-assurance - Total results - 17
Coronavirus Outbreak: New India Assurance to provide Rs 50 lakh coverage to 22 lakh healthcare providers
Business

Coronavirus Outbreak: New India Assurance to provide Rs 50 lakh coverage to 22 lakh healthcare providers

State-owned New India Assurance has been entrusted to provide an insurance cover of Rs 50 lakh to about 22 lakh health care providers, who are on the frontline of the battle against coronavirus

Govt mulls merger of state-owned general insurance companies with New India Assurance to create synergy
Business

Govt mulls merger of state-owned general insurance companies with New India Assurance to create synergy

The idea is to fast track stake sale in the public sector general insurance companies, which has been pending for the past two years, sources said

Govt plans to merge all four state-run insurers to form single, mega entity under New India Assurance Co
Business

Govt plans to merge all four state-run insurers to form single, mega entity under New India Assurance Co

The government is reportedly planning to form a single, mega entity by merging all four state-run insurers - New India, Oriental National, United India and New India Assurance

Kerala floods: Insurance companies expect claims likely to be upwards of Rs 1,000 cr
Business

Kerala floods: Insurance companies expect claims likely to be upwards of Rs 1,000 cr

Insurance companies expect claims in flood-ravaged Kerala to cross Rs 1,000 crore as the government declares the deluge as 'calamity of severe nature'.

Kerala floods: PSU general insurance firms to fast-track claims settlements; meeting to be held tomorrow to align guidelines
Business

Kerala floods: PSU general insurance firms to fast-track claims settlements; meeting to be held tomorrow to align guidelines

National Insurance, New India Assurance, Oriental Insurance and United India Insurance have systems in place and are fully geared to receive claim intimations and ensure smooth and expeditious settlements, the four state-owned firms said a joint statement.

Ayushman Bharat: Forget the politics and economics of it, India’s poor need 'Modicare' badly
Business

Ayushman Bharat: Forget the politics and economics of it, India’s poor need 'Modicare' badly

Beyond the initial enthusiasm, there are major challenges the government will have to face in the rollout of Ayushman Bharat

New India Assurance shares fall over 9% in debut trade; stock listed at Rs 748.90, down 6.38% on BSE
Business

New India Assurance shares fall over 9% in debut trade; stock listed at Rs 748.90, down 6.38% on BSE

During the day, New India Assurance stock tumbled 10.28 percent to Rs 717.75.

New India Assurance shares list at over 6% discount at Rs 749 against issue price of Rs 800
Business

New India Assurance shares list at over 6% discount at Rs 749 against issue price of Rs 800

At the NSE, shares of the New India Assurance Company debuted at Rs 750

New India Assurance's Rs 10,000 cr IPO to hit market in first week of November; more insurers to follow
Business

New India Assurance's Rs 10,000 cr IPO to hit market in first week of November; more insurers to follow

The offer comes soon after the Rs 11,370 crore IPO of General Insurance Corp. of India Ltd (GIC Re), which will be listed on 25 October. It has already been oversubscribed by over 1.35 times.

ICICI Lombard's Rs 5,700 cr IPO starts today: All you need to know about the share issue
Business

ICICI Lombard's Rs 5,700 cr IPO starts today: All you need to know about the share issue

The promoter entities - ICICI Bank and Farifax Holdings -- will dilute their holdings by close to 19 percent through a public offer

SBI Life to launch India's first billion dollar IPO in 7 years on 20 Sept, price range Rs 685-700
Business

SBI Life to launch India's first billion dollar IPO in 7 years on 20 Sept, price range Rs 685-700

This would be the second listing of a life insurer after ICICI Prudential Life Insurance, which went public last year.

Govt sells 2.5% Larsen & Toubro stake, pockets Rs 4,200 crore
Business

Govt sells 2.5% Larsen & Toubro stake, pockets Rs 4,200 crore

With this transaction, the government has garnered nearly Rs 6,400 crore from disinvestment so far in the current fiscal. The Budget had estimated to collect Rs 72,500 crore through minority sale and strategic stake sale of CPSEs.

 Bank of India hints at 10-25 bps cut in base rate
Economy

Bank of India hints at 10-25 bps cut in base rate

The bank has already opened more than 1.82 crore accounts under various financial inclusion initiatives, out of which 70.2 lakh accounts have opened since the launch of the Jan Dhan Yojana, Bank of India chairman and managing director Vijaylaxmi Iyer said.

 Cabinet nod for hiking foreign investment to 62% in Axis Bank
Investing

Cabinet nod for hiking foreign investment to 62% in Axis Bank

The approval would result in foreign investment of about Rs 7,250 crore in the country, a statement said.

Cyclone Phailin: General insurers may not see much losses
India

Cyclone Phailin: General insurers may not see much losses

Industry officials point out that penetration of general insurance industry is poor among individual customers in these regions.

Nokia ties up with New India for mobile insurance cover
Business

Nokia ties up with New India for mobile insurance cover

The service will be available with all new devices that are bought from Nokia branded retail store on payment of an insurance premium of Rs. 50 or 1.25 per cent of the cost of the phone, whichever is higher, at the time of purchase.

Nokia ties up with New India for mobile insurance cover
News & Analysis

Nokia ties up with New India for mobile insurance cover

The service will be available with all new devices that are bought from Nokia branded retail store on payment of an insurance premium of Rs. 50 or 1.25 per cent of the cost of the phone, whichever is higher, at the time of purchase.