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ICICI Prudential MF launches 'Dividend Yield Equity Fund'

Last Updated: Friday, April 18, 2014, 17:41

ICICI Prudential Mutual Fund is planning to launch a new open-ended 'ICICI Prudential Dividend Yield Equity Fund'.

ICICI Pru MF joins Rs 1-trillion club; HDFC retains top slot

Last Updated: Wednesday, April 02, 2014, 13:56

The total asset base of the entire mutual fund industry grew by over Rs 40,000 crore during the last fiscal to about Rs 8.6 lakh crore at the end of the financial year 2013-14.

ICICI Prudential Life launches new product

Last Updated: Monday, March 03, 2014, 19:37

This unit-linked product will allow customers to protect their capital on maturity and have a potential for upside through an exposure to equities, it added.

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

Last Updated: Tuesday, January 21, 2014, 20:57

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.

ICICI Prudential launches Value Fund Series 2

Last Updated: Tuesday, November 19, 2013, 19:12

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

ICICI Prudential MF to launch new close ended equity fund soon

Last Updated: Tuesday, October 15, 2013, 16:30

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

ICICI Prudential AMC to launch thematic ETFs going ahead

Last Updated: Tuesday, August 06, 2013, 19:32

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.

Fraudsters dupe customers of 4 insurance companies

Last Updated: Sunday, May 12, 2013, 14:38

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

IRDA probing money laundering allegations against insurers

Last Updated: Monday, May 06, 2013, 20:32

Insurance regulator IRDA Monday said it is examining the allegations of money laundering levelled against LIC, Reliance Life, Tata AIA and Birla Sunlife and action will be taken against the guilty at the earliest.

ICICI prudential gets over Rs 130 cr tax notice

Last Updated: Wednesday, May 01, 2013, 18:20

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.

Haryana govt bars ICICI Prudential for 3 years

Last Updated: Wednesday, April 17, 2013, 15:35

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.

Irda report on money laundering by insurance cos likely next week

Last Updated: Friday, April 12, 2013, 18:47

Insurance regulator Irda Friday said it is likely to finalise report by next week on the allegations of money laundering by three companies - HDFC Life, ICICI Prudential Life and Max Life - following and expose by Cobarapost.