Category: Business

Go Digit product: SAT maintains IRDAI order

The Securities Appellate Tribunal (SAT) has upheld the IRDAI order directing Go Digit General Insurance to discontinue the Digit Group Total Protect Policy product because the product falls within the scope of a life insurance policy covered by general insurance

LIC reports profit of Rs 15,952 crore Q2

Life Insurance Corporation of India (LIC) has reported unaudited standalone net profit of Rs.15,952 crore for the quarter ended September 2022 compared to Rs.1,433.71 crore for the same period last year. According to a statement filed by LIC with the

Sebi plans regulations for “influencers”

The Securities and Exchange Board of India (Sebi) is working on guidelines for financial influencers – popularly known as “influencers” – who advise stock investors on various social media platforms such as Twitter, Youtube, Instagram and Facebook. “We’re working on

DSP buys 10% of Equitas Small Finance Bank

DSP Investment Managers Private Ltd (DSPIM) has acquired a 10% interest in Equitas Small Finance Bank for an undisclosed amount, following approval by the Reserve Bank of India. The Bank received notice from RBI on November 16, 2022 that it

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