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Life insurance behemoth LIC is confident of buying a stake in a health insurer in the next two weeks, its chief executive Siddhartha Mohanty said on Tuesday.
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Capital markets regulator Sebi on Tuesday slapped penalties totalling Rs 20 lakh on four entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE.
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Gold and silver prices surged to record highs, driven by trade tensions, inflation data, and a weaker dollar. While some consolidation is expected, the overall bullish trend remains intact, with investors advised to adopt a buy-on-dips strategy.
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Bajaj Finserv plans to list its life and general insurance arms at an appropriate time, ruling out an FY27 listing. After acquiring Allianz’s stake, the company now fully owns both insurers and aims for strong, industry-leading growth.
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