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ICICI
Bank sees a drop in share price
ICICI Bank's shares experienced an increase of 4 per cent
immediately after the Rs 3,500-crore equity public issue
announcement, but a day after the announcement, ICICI
saw its prices drop about 8 per cent on both the BSE (7.98
per cent) and NSE (8.66 per cent).
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MetLife India launches group insurance
MetLife India launched Met Group Life yesterday, a group
insurance policy aimed at both Indian as well as international
companies.
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Oriental
Insurance ties up with Department of Posts
Oriental Insurance, with the Department of Posts, will
now distribute non-life insurance products through post
offices in Mangalore, Bangalore and Hubli-Dharwad.
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