Insurance
BNP Paribas to acquire AXA’s fund business for $5.5bn
05 Aug 2024
French banking group BNP Paribas is in exclusive talks with insurer AXA to acquire AXA Investment Managers, in a deal worth €5.1 billion ($5.5 billion).
Axis Bank invests additional Rs336-cr in Max Life, raises stake to 19.99%
20 Jun 2024
Axis Bank, India’s third-largest private sector lender, has acquired additional equity shares of Max Life Insurance Company worth Rs336 crore
IRDAI recommends exclusion of 17 ailments from insurance cover
05 Nov 2018
The standardised list of 17 permanent exclusions include epilepsy, congenital heart disease, cerebral stroke, chronic liver and kidney diseases, hepatitis B, Alzheimer’s, Parkinson’s, HIV and AIDS, loss of hearing, and physical disabilities, among others
GE Capital's $6.2 bn insurance losses force a revival of breakup plans
17 Jan 2018
General Electric Co is planning to undertake a more comprehensive restructuring, a decade after it hived off substantial businesses to concentrate on its main business
Buffett’s Berkshire Hathway lifts Gregory Abel and Ajit Jain to the board
11 Jan 2018
While Buffett has long said Ajit Jain has probably made more money for Berkshire than he has, many investors and analysts view Gregory Abel as the favourite to become CEO, citing his age and experience in acquisitions and operations
New US study finds depriving people of health insurance increases risk of premature death
28 Jun 2017
State-owned health insurers to set up common TPA
16 Aug 2010
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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