Life insurance sector outlook: Morgan Stanley believes the insurance industry could look to manage by sharing the hit with distributors (lower commissions and/or trail commission structure).
Metal major Vedanta on Thursday reported a net profit of Rs 1,369 crore for the March-ended quarter, down over 27% (YoY) compared to Rs 1,881 crore reported in the year-ago period. Consolidated revenue from operations for the quarter stood at Rs 34,937 crore, down 6% YoY over Rs 37,225 reported by the company in Q4FY23.
India Business News: NEW DELHI: SBI Life Insurance on Friday reported 4 per cent rise in net profit at Rs 811 crore for the fourth quarter ended March 2024 as value of new.
KKR picks 9.9% stake in Shriram General Insurance : Rashtra News #KKR #picks #stake #Shriram #General #Insurance KKR has agreed to buy a 9.9 percent stake in Shriram General Insurance Company for an undisclosed sum, both the companies said in a statement. Founded in 2008, Shriram General Insurance is a joint venture between Shriram Capital,