by newsworm | Mar 26, 2025 | Insurance
A recent Supreme Court ruling in India has highlighted the importance of transparency in healthcare claims. The court has stated that insurance companies can deny medical insurance claims if a policyholder has concealed their alcohol consumption. This means that if an... by newsworm | Mar 26, 2025 | Insurance
Anish Tawakley, Co-Chief Investment Officer for Equity at ICICI Prudential Mutual Fund, believes that there are too many risks in the small- and mid-cap space, citing high price-to-book ratios and weak competitive positions of some companies. As a result, even his own... by newsworm | Mar 26, 2025 | Insurance, Religare
Religare Enterprises’ Stock Price Update: February 10, 2025 As of 15:55 IST, Religare Enterprises’ stock price is trading with recent movements reflecting key trends across various time frames. The company’s Simple Moving Averages (SMA) and... by newsworm | Mar 26, 2025 | Insurance, Star Health and Allied Insurance
The Insurance Regulatory and Development Authority of India (IRDAI) has discovered lapses in the claim settlement practices of stand-alone health insurer, Star Health and Allied Insurance. This is based on an ongoing official investigation, which is expected to result... by newsworm | Mar 26, 2025 | Insurance
The life insurance industry in India has reported disappointing numbers for February, with Life Insurance Corp. of India (LIC) being the biggest contributor to the decline. LIC’s annual premium equivalent (APE) fell by 23% year-on-year, leading to a 6% drop in... by newsworm | Mar 26, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) offers a special scheme called the Smart Pension Scheme, designed to provide financial stability to individuals through pensions. This single-premium policy allows individuals to invest once and enjoy a lifetime pension.... by newsworm | Mar 26, 2025 | Insurance
PNB MetLife India Insurance Company Limited has launched a new index-based fund called the “PNB MetLife Nifty 500 Momentum 50 Index Fund” as an addition to its Unit-Linked Insurance Plans (ULIPs) offerings. This fund is designed to help policyholders... by newsworm | Mar 26, 2025 | Insurance, LIC
Vakrangee Limited, a penny stock backed by state-run LIC, is in the spotlight as it announces plans to expand its ATM network by deploying 3,000 new UPI-based ATM machines in the next financial year. The company, which is a constituent of BSE Smallcap index, currently... by newsworm | Mar 26, 2025 | Insurance
The Indian equity market continued its winning streak on March 19, with the SENSEX and NIFTY50 indices closing higher for the third consecutive day. The SENSEX gained 147.79 points, or 0.20%, to end at 75,449.05, while the NIFTY50 index rose 73.30 points, or 0.32%, to... by newsworm | Mar 25, 2025 | Insurance, LIC
The article discusses a Less Invasive Cranial (LIC) surgery-backed penny stock company, which has announced plans to set up Universal Payment Interface (UPI)-based Automated Teller Machines (ATMs). The company, which is a small-cap entity, has received funding from...