Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Godavari Biorefineries collects Rs 166 crore from anchor investors ahead of IPO

Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors, a day before its initial share-sale opening for public subscription. Marquee investors who participated in the anchor book included HDFC Mutual Fund, Whiteoak Capital Fund, Goldman Sachs (Singapore) Pte Ltd, Societe General and SBI … Read more

SBI General Insurance floats SBIG Health Super Top-Up. Check features 

SBI General Insurance floats SBIG Health Super Top-Up. Check features 

SBI General Insurance has introduced SBIG Health Super Top-Up’ policy, which is an add-on on the existing covers that are over and above the basic health insurance policy. The company said the objective to introduce this add-on facility is to offer an economical and affordable option for policyholders.   The ‘SBIG Health Super Top-Up’ policy … Read more

SBI General Insurance ties up with Mahindra Insurance to make deeper inroads into tier-2, 3 cities

SBI General Insurance ties up with Mahindra Insurance to make deeper inroads into tier-2, 3 cities

SBI General Insurance has partnered with Mahindra Insurance Brokers Ltd (MIBL) to raise its penetration in tier-II and III cities. This association will enable the company to provide health insurance cover to a significant number of people in tier-II and III cities and generate employment, SBI General Insurance said in a release on Wednesday. Under … Read more