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    1. Business News
    2. Authors
    3. chirag madia

    Chirag Madia

    LIC, Infosys, stock, Vishal Sikka, CEO, Infosys
    Why LIC giving Infosys a boost despite stock crash

    The Infosys board had also announced buyback of shares worth Rs 13,000 crore on August 19, at a price of…

    By Chirag Madia
    Updated: August 24, 2017 04:38 IST
    LIC, UTI
    LIC nixes proposal to list UTI

    Life Insurance Corporation of India (LIC) has turned down the proposal for an IPO for UTI Asset Management Company (AMC).…

    By Chirag Madia
    August 8, 2017 06:50 IST
    UTI , LIC, UTI shareholders, ICICI Securities, AMC, finance ministry, Sunil Mehta , SBI, ICICI Prudential AMC , birla sun, Arundhati Bhattacharya, Punjab National Bank
    UTI to take one more shot at listing, LIC remains on the fence

    UTI Asset Management Company (AMC) will take one more shot at getting itself listed at a shareholders’ meeting in Mumbai…

    By Chirag Madia
    August 1, 2017 08:20 IST
    Crop insurance:, Pradhan Mantri Fasal Bima Yojana , agriculture sector
    Crop insurance: Pradhan Mantri Fasal Bima Yojana subsidy good for private insurers, but a drag on Centre

    Thanks to generous government subsidy of up to 8% of the sum assured, private general insurance companies have participated in…

    By Chirag Madia
    July 18, 2017 05:50 IST
    HDFC Life, Max Life merger, Amitabh Chaudhary. Amitabh Chaudhary news, Amitabh Chaudhary interview, HDFC news
    HDFC Life, Max Life merger: Amitabh Chaudhary says committed to deal

    The deal was announced in August last year and at that time we had envisaged a particular structure for the…

    By Chirag Madia
    June 16, 2017 04:26 IST
    Mutual funds: Should you buy a balanced fund; 3 profitable points to note

    Balanced funds are ideal for first-time investors as they are less volatile compared to diversified equity schemes

    By Chirag Madia
    Updated: June 7, 2017 03:52 IST
    irdai, red flags merger, hdfc life max life merger, hdfc life merger, max life merger
    Irdai red-flags merger of HDFC Life & Max Life

    Insurance Regulatory and Development Authority of India (Irdai) has raised objections to the merger between HDFC Standard Life and Max…

    By Chirag Madia
    June 2, 2017 05:44 IST
    WannaCry ransomware: India Inc fears fire over cyber crime; just 200 insurance policies sold in 5 years

    Curiously enough for the internet age, Indian firms fear fire more than they do cyber crime!

    By Chirag Madia
    May 19, 2017 06:43 IST
    non-life insurance companies, General Insurance Corporation of India, GIC Re, IPOs, DIPAM, Nomura Financial Advisory & Securities, CCEA, Irdai
    Closer to listing, 2 insurers yet to finalise issue size

    Participants from the insurance industry believe both the companies could collectively raise Rs 8,000- Rs 10,000 crore from their IPOs.

    By Chirag Madia
    May 3, 2017 04:07 IST
    mutual funds, Indian mutual funds, ICICI Prudential MF, HDFC MF, Birla Sun Life MF, Reliance MF, Mutual Funds in India, equity schemes, SIP
    Mutual funds’ AUMs surge by Rs 4.7 lakh cr in Jan-Mar; ICICI Prudential AMC’s Nimesh Shah says ‘witnessing meaningful shift of retail investors to financial assets

    Top fund houses continue to remain in a dominant position largely because of their brand value and strong performance of…

    By Chirag Madia
    May 1, 2017 05:58 IST
    Non-life insurance premium grows 32% to Rs 1.27 lakh cr in FY17 as PMFBY pays off

    Insurance industry officials also believe that the 32% growth was largely due to the success of crop insurance.

    By Chirag Madia
    April 19, 2017 05:06 IST
    At Rs 94,421 cr, net inflows into equity funds highest in 10 years

    Net inflows into equity funds for the financial year 2016-17 stood at Rs 94,421 crore, the highest in last ten…

    By Chirag Madia
    April 11, 2017 04:18 IST
    Bond yields likely to remain range-bound with an upward bias: Dhawal Dalal, CIO, Edelweiss Asset Management Company

    The RBI after the last policy, has clearly demonstrated that it would not compromise on price stability focus, as it…

    By Chirag Madia
    March 15, 2017 03:55 IST
    FIIs buying spree in 2017 powers equities to near-lifetime highs; DIIs too get in on act

    With foreign portfolio investors (FPI) buying close to $2 billion worth of equities in 2017 so far, the markets are…

    By Chirag Madia
    March 9, 2017 05:39 IST
    Keen to take over UTI AMC, LIC stalls listing plans

    Life Insurance Corporation (LIC) continues to stall UTI AMC’s listing although three other PSU shareholders — State Bank of India…

    By Chirag Madia
    Updated: February 20, 2017 06:52 IST
    Infosys’ R Seshasayee says no ‘hush money’ paid to Rajiv Bansal; Vishal Sikka’s $11 mn pay courtesy high targets

    Even as he tried to downplay differences between the Infosys board and the company’s founders, R Seshasayee, chairman of Infosys,…

    By Shakti Patra
    February 14, 2017 07:58 IST
    uti amc ipo
    UTI AMC IPO gets green light from board; size of issue yet to be finalised

    A broad agreement appears to have been reached on the issue of UTI Asset Management Company’s initial public offering and…

    By Chirag Madia
    February 4, 2017 06:05 IST
    Union Budget 2017 income tax rate cut: Arun Jaitley provides relief to tax payers, cuts slab to 5%

    The Budget decision to halve personal income tax rate for the `2.5-5 lakh income slab to 5% comes as a…

    By Chirag Madia
    February 2, 2017 02:22 IST
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    Latest News

    farming, fertilisers, soil health, farmers, natural farming, economy

    Fertiliser imports surge 75% in H1, urea shipments up 138%

    Major Win for India: Belgian Court Clears Mehul Choksi's Extradition in PNB Scam.

    ‘No risk of unfair trial’: Belgian court paves way for Mehul Choksi’s return to India

    Journalist Vir Sanghvi has shared an account of the “harrowing ordeal” that he and his wife had to endure at the hands of Customs officials at Delhi’s Indira Gandhi International Airport. He also urged Finance Minister Nirmala Sitharaman to “clean up Delhi customs”.

    ‘Should officials treat everyone like a smuggler?’: Vir Sanghvi calls out Delhi Airport customs officials

    Government employees' retirement rules change in 2025: From pension to allowances - 5 major changes

    Government employees’ retirement rules change in 2025: From pension to allowances – 5 major changes

    Indian firms eyeing AI-led growth, but readiness gaps persist: Cisco 

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