Sunday, October 17, 2021

Digit Insurance eyes Rs 6,500 crore in premia sales by October 2022

Digit Insurance eyes Rs 6,500 crore in premia sales by October 2022 The digital-only insurer had sold the first policy in October 2017 and has since then sold to over 20 million customers. It achieved break-even in the third year and entered the unicorn club in less than four years and is now valued at over USD 3.5 billion.

from Moneycontrol Business News https://ift.tt/3AK5ww4

Mcap of eight of top-10 most valued firms jump over Rs 1.52 lakh crore; HDFC Bank biggest gainer

Mcap of eight of top-10 most valued firms jump over Rs 1.52 lakh crore; HDFC Bank biggest gainer Last week, the BSE benchmark Sensex rallied 1,246.89 points or 2.07 percent. The benchmark went past the 61,000-mark for the first time ever on Thursday.

from Moneycontrol Business News https://ift.tt/3FVds1b

WK Life expands retail footprint, 30% product to be locally manufactured by Q1 2022

WK Life expands retail footprint, 30% product to be locally manufactured by Q1 2022 WK Life, which mainly imports its range of products, aims to double the contribution of locally produced items to 30 percent by value by the first quarter of 2022.

from Moneycontrol Business News https://ift.tt/3DVngXv

Jyotiraditya Scindia flags off SpiceJet#39;s Delhi-Tirupati flight

Jyotiraditya Scindia flags off SpiceJet#39;s Delhi-Tirupati flight The airline will operate the flight three times a week till October 31, according to its statement.

from Moneycontrol Business News https://ift.tt/3pcEJXi

Route Mobile shareholders approve raising Rs 2,000 crore via securities

Route Mobile shareholders approve raising Rs 2,000 crore via securities A majority of shareholders also approved to increase limits of foreign portfolio investments in the company.

from Moneycontrol Business News https://ift.tt/3FOh7xQ

Review: Sphinx Virtuosi Bring an Intriguing Vision to Carnegie Hall


By BY ANTHONY TOMMASINI from NYT Arts https://ift.tt/2YZuzhl
>

Haiti’s police, underfunded and with little support from leaders, cannot hold back gangs.


By BY MARIA ABI-HABIB AND ANDRE PAULTE from NYT World https://ift.tt/3vjv81E
>

Sister Megan Rice, Fierce Critic of U.S. Nuclear Arsenal, Dies at 91


By BY CLAY RISEN from NYT Obituaries https://ift.tt/3BQPSR5
>

Subscriber additions to drive Reliance Jio#39;s Q2 show; tariff hikes to aid Bharti Airtel, Vodafone Idea: Analysts

Subscriber additions to drive Reliance Jio#39;s Q2 show; tariff hikes to aid Bharti Airtel, Vodafone Idea: Analysts The urgency around tariff hikes has come down with Vodafone Idea Ltd#39;s (VIL) near-term cash outflow significantly reduced, IIFL Securities said.

from Moneycontrol Business News https://ift.tt/3AK3axi

Max group firm MaxVIL plans to expand realty business; looks to add at least 2 projects in FY22

Max group firm MaxVIL plans to expand realty business; looks to add at least 2 projects in FY22 MaxVIL, which has a presence in real estate and packaging film businesses, is listed on stock exchanges and posted a total income of nearly Rs 1,190 crore during the last fiscal year.

from Moneycontrol Business News https://ift.tt/3BROyxe

Air India privatisation saga: #39;Time we stopped paying Rs 20 crore/day of taxpayers money to keep it flying#39;

Air India privatisation saga: #39;Time we stopped paying Rs 20 crore/day of taxpayers money to keep it flying#39; While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM Secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline that is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS.

from Moneycontrol Business News https://ift.tt/3vlFtKC

Digit Insurance eyes Rs 6,500 crore in premia sales by October 2022

The digital-only insurer had sold the first policy in October 2017 and has since then sold to over 20 million customers. It achieved break-...