Shares of HDFC Life jumped nearly 12 per cent after the firm reported a 14 per cent rise in net profit to Rs 415 crore in the December quarter. The stock surged 11.15 per cent to Rs 660.55 on the BSE. At the NSE, it soared 11.67 per cent to Rs 663.60
Hyderabad: Even as the mega IPO of insurance behemoth LIC is set for launch on May 4, serious doubts are being raised about deliberate undervaluation to benefit foreign investors. Investors would get to buy big stakes at heavily discounted prices. On the other hand, various reports indicate that the sale at the current price band […]
New Delhi: Life insurers in India should be allowed to play a bigger role to create an ecosystem in the healthcare sector so that they can be the “disruptor” rather than the “disrupted”, HDFC Life chairman Deepak S Parekh said in the company’s annual report. The year started on an uncertain note, the pandemic led […]
