Mumbai: Digital may promise to be a big driver of business from hotels to logistics, but when it comes to insurance, the traditional people-led sales model will continue to dominate the scene as it requires advice based on individual needs, said Tarun Chugh, CEO of Bajaj Allianz Life Insurance Company. The insurer sells half its … Read more
Mumbai: India’s capital markets regulator might be turning more vigilant while clearing initial public offerings (IPOs). Investment bankers and primary market watchers said the Securities and Exchange Board of India (Sebi) has tightened checks on IPO-bound companies after investors lost money in some of last year’s public offers, delaying approvals to launch issues. The average … Read more
(TMB) made a muted debut at Dalal Street on Thursday and further disappointed the investors on the day, when Nifty Bank topped record highs. The century-old private lender was listed at Rs 510 on BSE, exactly the issue price, whereas its debuted at a discount of 3 per cent Rs 495 on National Stock Exchange … Read more