Nippon gets CCI nod for hiking stake in Reliance Life to 49%

Competition Commission has approved Japanese insurer Nippon Life’s additional 23 per cent stake purchase plan in Reliance Life Insurance in a deal worth Rs 2,265 crore.
Once the deal is complete, Nippon Life Insurance would have 49 per cent stake in the company, the maximum ownership allowed for a foreign player in a domestic private insurer.
With the new…
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Source: https://www.pymnts.com/cpi-posts/india-nippon-gets-cci-nod-for-hiking-stake-in-reliance-life-to-49/

Chandigarh State Commission Holds Reliance General Insurance Co. Liable For Failure To Reimburse Claims For Delay Of Luggage

The State Consumer Disputes Redressal Commission, U.T. Chandigarh bench comprising Mrs Padma Pandey (Presiding Member) and Preetinder Singh (Member) held Reliance General Insurance Company liable for deficiency in services. The Insurance Company failed to honour the valid claims of the Indian travellers who received 4 bags from their luggage after a delay of more than 12 hours in Bhutan. Brief Facts: The Complainants purchased an insurance policy from Reliance General Insurance…
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Source: https://www.livelaw.in/amp/consumer-cases/chandigarh-state-commission-reliance-general-insurance-deficiency-services-253764

Reliance Stock, Axis Bank, Siemens, Cipla, Shriram Finance, CDSL, ICICI Prudential, Apollo Tyres, Shyam Metalics;

Reliance Industries Limited share price target 2024: Goldman Sachs maintained a Buy rating with a hike in target price to Rs 3400 from Rs 2925.

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On the 27th March opening, sensex traded in the green…
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Source: https://www.india.com/business/axis-bank-siemens-cipla-shriram-finance-cdsl-icici-prudential-apollo-tyres-shyam-metalics-6815168/amp/

Stocks To Watch: Muthoot Finance, LIC, Wipro, Bharat Dynamics, Reliance Power, Mazagon Dock, Sarda Energy – NDTV Profit

Stocks To Watch: Muthoot Finance, LIC, Wipro, Bharat Dynamics, Reliance Power, Mazagon Dock, Sarda Energy  NDTV ProfitStock Market Today: All You Need To Know Going Into Trade On March 22  NDTV ProfitStocks to watch on March 22: LIC, Muthoot Finance, Reliance Power and more  Hindustan TimesLIC, Mazagon Dock, Bharat Dynamics: Stocks to watch on Friday  Zee BusinessStock market LIVE: US indices shine, Asian markets mixed Friday morning  Business…
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Source: https://www.ndtvprofit.com/business/stocks-to-watch-muthoot-finance-lic-wipro-bharat-dynamics-reliance-power-mazagon-dock-sarda-energyR
https://www.ndtvprofit.com/amp/business/stocks-to-watch-muthoot-finance-lic-wipro-bharat-dynamics-reliance-power-mazagon-dock-sarda-energy

HDFC Life – Volume Shocker! MFs lap up over 1 crore shares of 5 stocks in Feb

Tata Steel. Share Price149.7003:59 PM | 18 Mar 20248.00(5.65%)Mahindra & Mahindra. Share Price1856.0503:59 PM | 18 Mar 202456.55(3.15%)JSW Steel. Share Price804.4003:58 PM | 18 Mar 202423.75(3.05%)Tata Motors. Share Price972.4503:59 PM | 18 Mar 202426.61(2.82%)Apollo Hospitals Enterprise. Share Price6136.5503:55 PM | 18 Mar 2024153.36(2.57%)Bajaj Auto. Share Price8521.8003:52 PM | 18 Mar 2024171.10(2.05%)Coal India. Share Price421.8503:59 PM | 18 Mar 20246.61(1.59%)Reliance Industries. Share…
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Source: https://economictimes.indiatimes.com/markets/stocks/news/volume-shocker-mfs-lap-up-over-1-crore-shares-of-5-stocks-in-feb/hdfc-life/slideshow/108583729.cms?from=mdr

Top-5 firms lose Rs 2.23-trn mcap

New Delhi: Five of the top-10 valued firms faced a combined erosion of Rs2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.Last week, the BSE benchmark tanked 1,475.96 points or 1.99 per cent. While Reliance Industries, ICICI Bank, State Bank of India, Life Insurance Corporation of India (LIC) and Hindustan Unilever suffered erosion from their market…
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Source: https://www.bizzbuzz.news/amp/markets/top-5-firms-lose-rs-223-trn-mcap-1299986

Market capitalisation of 5 of top 10 firms tanks ₹2.23 lakh crore; Reliance, LIC biggest laggards

Five of the top 10 valued firms encountered a collective decline of ₹2,23,660 crore in their market valuation over the past week, as Reliance Industries and Life Insurance Corporation of India bore the brunt amidst a prevailing bearish sentiment in equities.

During the same period, the BSE benchmark…
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Source: https://www.livemint.com/market/stock-market-news/market-capitalisation-of-5-of-top-10-firms-tanks-2-23-lakh-crore-reliance-lic-biggest-laggards/amp-11710656584605.html

Market valuation of 5 of top 10 firms tanks Rs 2.23 lakh cr; Reliance, LIC biggest laggards

New Delhi: Five of the top 10 valued firms faced a combined erosion of Rs 2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.
Last week, the BSE benchmark tanked 1,475.96 points or 1.99 per cent.
While Reliance Industries, ICICI Bank, State Bank of India, Life Insurance Corporation of India (LIC) and…
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Source: https://www.newsdrum.in/business/market-valuation-of-5-of-top-10-firms-tanks-rs-223-lakh-cr-reliance-lic-biggest-laggards-4360270

Stocks to Watch: Airtel, Aditya Birla Capital, ITC, Indigo, Religare, SpiceJet

Bharti Airtel: The telecom major is anticipated to be the frontrunner in the forthcoming auction of eight spectrum bands, given that Reliance Jio has already made substantial acquisitions in the 2022 auctions and Vodafone Idea is currently grappling with financial constraints. The auction is scheduled to commence on May 20. Bharti Airtel is expected to renew its licenses for 42MHz of spectrum…
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Source: https://www.livemint.com/market/stock-market-news/stocks-to-watch-airtel-aditya-birla-capital-itc-indigo-religare-spicejet/amp-11710208780448.html

Reliance, TATA Motors, Zomato, Infosys, TCS,Wipro,ICICI Pru, HDFC Life, SBI Life Stocks; Know Target Price, Rating

Zomato stock went down by around 2.5 per cent, after reports of 2.1 percent equity shares changed hands via a block deal. Zomato stock opened at Rs 162 against the previous day close of Rs 166.05.

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Source: https://www.india.com/business/reliance-tata-motors-zomato-infosys-tcswiproicici-pru-hdfc-life-sbi-life-stocks-know-target-price-rating-6767206/amp/