Is LIC’s stock price jump just a dead cat bounce?
The state-owned insurer has been using the surplus in its non-participating policy pool to boost its bottom line, with little real change in its financials.
17 August, 2023•6 min
0
17 August, 2023•6 min
0
More in Business
Business
The 72 hours that saw IndiGo unravel
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.
You may also like
Business
What's behind the sudden influx of Chinese firms into the Middle East?
A mix of favourable policies and high-rolling consumers in the Middle East is drawing a wide array of companies to set up shop in the region
Business
Why is LIC not part of India’s energy transition story?
Restrictive regulations and the lack of an ESG strategy have largely kept India’s biggest investor away from green investments.
Internet
Behind IRDAI’s move allowing startups into life insurance
With three tech-focused firms getting the regulator’s approval to venture into life insurance, it is hoped competition will heat up in a sector that has remained largely stagnant for over a decade.
