Aditya Birla Sun Life Insurance’s Income Suraksha: 5 things to note before you decide to invest

Aditya Birla Sun Life Insurance’s Income Suraksha: 5 things to note before you decide to invest

Aditya Birla Sun Life Insurance (ABSLI) has introduced a novel income protection plan within its term insurance portfolio, known as Income Suraksha. In contrast to traditional term insurance policies that provide a one-time payout, ABSLI’s Income Suraksha stands out for its unique feature of monthly income disbursements that have the potential to accumulate in a … Read more

Divgi Torqtransfer Systems’ IPO subscribed 5.44 times

Divgi Torqtransfer Systems’ IPO subscribed 5.44 times

Mumbai: The ₹412-crore initial public offering (IPO) of Pune-based auto parts manufacturer Divgi Torqtransfer Systems, backed by Infosys co-founder Nandan Nilekani, was subscribed 5.44 times on Friday, the final day of bidding. This is the first IPO of 2023. The portion reserved for retail investors was subscribed 4.31 times, while the category for non-institutional investors … Read more