The New India Assurance stock surges by 17%

New India Assurance and General Insurance Corporation have seen a significant surge in their stock prices, with New India Assurance up 17% at Rs 204 and General Insurance Corporation up more than 12% at Rs 297 on the BSE. Both stocks have reached 52-week highs. Additionally, Life Insurance Corporation of India has also seen an…

Read More

Performance-based capital infusion in PSU general insurers likely in Q4 by government.

Finance Ministry to Consider Capital Infusion in Public Sector General Insurance Companies New Delhi – The Finance Ministry is reportedly considering capital infusion in three loss-making public sector general insurance companies based on their financial performance for the first nine months of the current financial year. Sources indicate that the infusion, if required, will be…

Read More