Assurant Financial News

Finra has named three seasoned industry veterans to join its board of governors.

₹810 crores from anchor investors ahead of its initial public offering that opens for public subscription on Wednesday, February 21, 2024. The company informed the bourses that it allocated 2,25,00,000 equity shares at ₹360 per share on Tuesday, February 20, 2024, to anchor investors. Foreign and Domestic Institutions who participated in the anchor were Fidelity, Kotak Mahindra MF, Government Pension Fund (Norges), White Oak, Schroder, The Prudential Assurance Company(MNG), Invesco, ICICI Prudential Life Insurance, HDFC Life Insurance and Quant Mutual Fund.

In this article, we present you with a wide range of brands of rice that promise you not just quality but different flavors you can delight in guilt free.

Byju's Crisis: Union Minister Rajeev Chandrasekhar offered a blunt assessment of Byju's current crisis, attributing it to the company's rapid expansion without adequate corporate governance. "They tried to grow too fast, without the rigour: and discipline a growth company needs, especially when money was easy," he stated, while addressing the Mumbai Tech Week, according to a report by Hindustan Times. The minister emphasized that neglecting these principles, particularly during periods of easy access to capital, creates an unsustainable model.

₹32,000 crore. While addressing the gathering in Jammu, Modi commences address in Dogri, promising that no eligible citizen will miss out on benefits - assuring his commitment. He said, “The projects in Jammu and Kashmir will propel holistic development of the region." He stressed, “Modi will help you realise the dreams you had for 70 years." Moreover, the PM slammed the former government and said, “Government who are concerned about their families do not think of youths of the state." He further noted, "We will ensure JK is free of dynasty politics," adding, "The government will replace parivarvad with Vikas (development).

The difference between successful and not-so-successful organizations eventually boils down to the degree of authenticity within them. This is the delta between what leaders profess and what the organization’s unsaid behavioural expectation is. Here are some examples.

₹20,000 crore per month. According to RBI, credit card spending among Indians rose to ₹1.65 trillion in December 2023 from ₹1.61 trillion in November. Macquarie Research says these cards were issued to drive volumes and never contributed much to profitability as margins were low.

In a stock exchange notice today (19 February), the trust said it now intends to bring a part 20 claim in the High Court against its investment adviser HSM, in which it will seek a full indemnity.  «The company is concerned, having been assured by Mr Mercuriadis and the investment adviser that these claims are without merit and that they intend to vigorously defend them, that the request for an indemnity was refused,» it said.  Hipgnosis Songs Fund seeks indemnity against potential liabilities from ongoing lawsuit SONG, which is not insured to cover the costs of the claim, said ear...

Fixed deposits (FDs) have long been a preferred investment choice for individuals seeking stability, security, and steady returns. Offering a conservative yet reliable avenue for wealth preservation and growth, FDs remain a cornerstone of many investors’ portfolios.

people of Indonesia on the successful Presidential elections and @prabowo on the lead. Look forward to working with the new Presidency to further strengthen Comprehensive Strategic Partnership between India and Indonesia," PM Modi said. Branded as the “reformed" general, Prabowo Subianto is a former officer of the special forces and previously served as the Defence Minister of Indonesia.

West Bengal Governor CV Ananda Bose on Saturday said the doors of Raj Bhavan are open for the women of trouble-torn Sandeshkhali who feel unsafe in their homes. Speaking to PTI, Bose, who considers himself the Rakhi brother of the women in Sandeshkhali, vowed to do everything in his power to protect them. He assured that the «tortured» women from Sandeshkhali in North 24 Parganas district could seek refuge in Raj Bhavan, where they would be provided with shelter, food, and security.

air defence missile system developed in-house by the units of Indian Air Force’s Maintenance Command was fired at the Exercise Vayushakti for the first time. SAMAR stands for Surface to Air Missile for Assured Retaliation. It is air defence missile system. The SAMAR air defence system has been developed by Indian Air Force's 7 Base Repair Depot Tughlakabad (BRD) using its old Russian-origin air-to-air missile systems.

LIC) has launched Amritbaal policy meant for children. It is a non-linked, non-participating, individual, savings, life insurance plan which parents can buy in the name of their kids. This is an insurance product under which benefits payable on death or survival are guaranteed and fixed irrespective of actual experience.

Congress legislators in Jharkhand over the induction of four party MLAs as ministers in the Champai Soren-led JMM government. As many as 12 MLAs of the grand-old party have threatened to boycott the upcoming assembly session from February 23 and head to Jaipur if the ministers are not replaced by new faces. The JMM-led alliance in the state has 47 MLAs (JMM-29, Congress-17 and one RJD) in the 81-member assembly. Unhappy over Congress' decision to give ministerial berths to Alamgir Alam, Rameshwar Oraon, Banna Gupta and Badal Patralekh again, the legislators went into a huddle at Ranchi Circuit House just before the swearing-in ceremony on Friday with plans of boycotting it.

Mohammed Siraj and Kuldeep Yadav upped the ante in absence of a peerless Ravichandran Ashwin to give India a vital 126-run first innings lead which extended to 170 as hosts reached 44 for 1 at tea on the third day of the third Test against England. England suffered a mini-collapse from an assured 290 for 5 to get all out for 319 in 71.1 overs with Siraj ending with figures of 4 for 84 while Kuldeep's twin strike at the start of the day set the tone. Senior operators Jasprit Bumrah and Ravindra Jadeja also chipped in with one and two wickets respectively to ensure that India didn't suffer after Ashwin withdraw from the game due to medical emergency in the family. India made an unhurried start to their second essay but skipper Rohit Sharma perished for 19, which left the inexperienced middle-order to deliver the goods.

PayNearby, a branchless banking and digital network, has launched a platform to generate sustainable self-employment for women, the company said in a statement on Saturday. The initiative, named by the company Digital Naari, is aimed at providing additional income generation opportunities for women in rural and semi-urban areas, the statement said. The platform will enable the ‘banker didi’ to provide a diverse range of financial and digital services to the masses. The person will have the flexibility to offer services at her convenience in terms of time, location (from home/store) and product preferences.

Ashiana Housing Ltd, a listed real estate developer, is set to launch its luxury residential project, ONE44, in Jaipur in about a week’s time. Nestled on 3.5 acres of land, ONE44 is poised to redefine opulent living in Jaipur, according to the company. The official launch of the project is scheduled for February 18, 2024.

Life Insurance Corporation of India (LIC) has launched a new endowment plan — Amritbaal, an individual, savings, life insurance plan. The plan is available both offline and online starting from Saturday, February 17, 2024, the insurer said in a press release. According to LIC's press release, «LIC Amritbaal is specifically designed to have an adequate corpus to meet the higher education and other needs of the child. The minimum entry age is 30 days age, and the maximum age is 13 years.

capital appreciation by investing predominantly in equities and equity-related instruments of companies engaged in the manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized.Also Read: NFO Alert: Zerodha Fund House launches Zerodha Gold ETF Investors can invest under the scheme with a minimum investment of ₹5000 per plan/option and in multiples of Re 1.

ABC News. The Duke said, “I jumped on a plane and went to go see him as soon as I could" after his father, King Charles III, was diagnosed with cancer. The Prince travelled to British Columbia's Whistler in Canada just days after visiting his father in London who was recently diagnosed with an undisclosed type of cancer.

Bhutan's Prime Minister Tshering Tobgay is keen on visiting India following New Delhi's invitation to discuss new areas of cooperation, including connectivity and business, ET has learnt. Tobgay is no stranger to India and he has been invited following his re-election as Bhutan's PM. India had started engaging with the new Bhutanese government as soon as it was elected, with foreign secretary Vinay Kwatra meeting Tobgay on the first day of his second term last month. Tobgay is also keen to host Prime Minister Narendra Modi, it is learnt. Kwatra was on a three-day visit to Thimphu to engage with the new government to discuss new initiatives, including Bhutan's next five-year plan, fresh development support from the Indian government, and energy partnership and cross-border connectivity initiatives. New Delhi has stepped up engagements with Thimphu, a move seen as counterbalancing China's growing inroads in Bhutan, and has been observing the trajectory of ties, particularly the boundary talks. The territorial dispute between Bhutan and China covers an area of about 764 sq km--269 sq km in western and 495 sq km in north-central Bhutan. New Delhi is concerned over China's claim over areas in the vicinity of Doklam in western Bhutan. In return, Beijing wants to narrow or give up its territorial claims in the north-central region of Bhutan. Thimphu has assured New Delhi that it will not undermine India's interests while negotiating a boundary treaty with Beijing.