ICICI Prudential

Reliance General Insurance files draft papers for IPO

Reliance General Insurance files draft papers for IPO

Reliance General Insurance, which received in-principle approval from insurance sector regulator IRDAI last month for the IPO, expects to get listed in the current financial year.

Oct 09, 2017, 15:58 PM IST

ICICI Lombard IPO subscribed 98% on Day 2

The category for qualified institutional buyers (QIBs) was oversubscribed 2.37 times, non-institutional investors 10 percent and retail 62 percent.

Sep 18, 2017, 19:31 PM IST
''Valuation of Sahara India Life only after tribunal decision''

''Valuation of Sahara India Life only after tribunal decision''

Sahara India Life should also transfer the assets corresponding to the changes in the policyholder liabilities as on July 31, 2018 as per the valuation of insurance liabilities report prepared by the independent actuary.

Aug 03, 2017, 17:45 PM IST
Sahara to challenge IRDAI order on life insurance biz transfer to ICICI Prudential

Sahara to challenge IRDAI order on life insurance biz transfer to ICICI Prudential

Embattled Sahara group on Sunday said it will approach court of law against IRDAI order directing transfer of its life insurance business to ICICI Prudential and alleged that the insurance regulator has "wrongly concluded" that the promoter was no more 'fit and proper' and a sum of Rs 78 crore was siphoned.

Jul 30, 2017, 17:50 PM IST

Top MF CEO salaries rise; loss-making funds also pay big

CEOs at the country's top mutual funds have seen their salaries going up on robust business growth, but several smaller players making losses or little profit have also paid crores to their top executives.

May 02, 2017, 10:34 AM IST

6 qualify in initial bids to manage EPFO funds; Axis AMC out

Six fund managers, including HSBC AMC, ICICI Prudential, Reliance Capital AMC and UTI AMC, have qualified in initial bids for managing EPFO funds for a three-year term beginning April 1.

Jan 09, 2015, 20:08 PM IST

ICICI Prudential MF launches equity fund

ICICI Prudential Mutual Fund has launched a three-and-a-half-year close ended fund that aims to provide capital appreciation by investing in equity and related securities.

Jan 08, 2015, 21:05 PM IST

ICICI Prudential launches Constant Maturity Gilt Fund

ICICI Prudential Mutual Fund on Monday said it has launched Constant Maturity Gilt Fund, a 10-year open-ended income fund that aims to provide reasonable returns by investing in portfolio of government securities.

Sep 01, 2014, 22:29 PM IST

HDFC, ICICI, Prudential among top 3 fund houses, says report

Top three positions continue to be captured by the same three fund houses namely HDFC, ICICI Prudential Asset Management Company and Franklin Templeton during the past three years, according to the third Annual Wealth Forum Advisor Confidence Survey report.

Aug 19, 2014, 20:31 PM IST

Comply with anti-money laundering norms: Irda to LIC, ICICI Pru

Irda has asked LIC to put in place systems and controls to comply with AML provisions. It said there were no systems in place to detect and monitor when a person made multiple cash transactions aggregating over Rs 50,000 in cash.

Jan 21, 2014, 20:57 PM IST

ICICI Prudential launches Value Fund Series 2

Asset management company ICICI Prudential Tuesday launched ICICI Prudential Value Fund Series Fund 2, a close ended equity fund.

Nov 19, 2013, 19:12 PM IST

ICICI Prudential MF to launch new close ended equity fund soon

The new fund offer will open for subscription on October 18 and will close on October 28, 2013.

Oct 15, 2013, 16:30 PM IST

ICICI Prudential AMC to launch thematic ETFs going ahead

Currently, the mutual fund house has an asset under management under various ETFs of around Rs 200 crore. The total equity assets managed by the AMC is around Rs 16,000 crore.

Aug 06, 2013, 19:32 PM IST

Fraudsters dupe customers of 4 insurance companies

After ICICI Prudential, fraudsters have now targeted four insurance companies, including SBI Life Insurance, by stealing their customer database and duping some policy holders.

May 12, 2013, 14:38 PM IST

ICICI prudential gets over Rs 130 cr tax notice

The Finance Ministry has asked private sector insurer ICICI Prudential to cough up over Rs 130 crore for alleged evasion through non-payment of service tax.

May 01, 2013, 18:20 PM IST

Haryana govt bars ICICI Prudential for 3 years

The Haryana government has barred ICICI Prudential Life Insurance for three years from doing any further business with it or any of its departments for "intentionally delaying" the process of distribution of annuity to land owners and failure to carry out commitments.

Apr 17, 2013, 15:35 PM IST

Life insurers' premium income falls over 6% in Apr-Feb FY13

Total premium collected during the April-February period of 2012-13 fiscal by the industry stood at Rs 84,501.75 crore, down 6.12 percent over the same period previous year.

Mar 31, 2013, 16:14 PM IST

Fraud costs ICICI Prudential Rs 90 lakh, police probe on

Fraudsters have managed to steal customer database from ICICI Prudential causing a "loss" of over Rs 90 lakh to the insurance major.

Mar 31, 2013, 10:46 AM IST

ICICI Prudential launches retirement plan

The product would enable consumers to build a corpus during their working years and receive assured regular pension post retirement.

Jan 08, 2013, 19:08 PM IST

ICICI Pru's premium collection rises 7% in Apr-Oct

ICICI Prudential premium collection has gone up to Rs 2,365 crore during the April-October 2012, as compared to Rs 2,210 crore in the corresponding period last year.

Nov 27, 2012, 21:20 PM IST