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11 January, 2019 3:13 PM New life premium mop-up inches up 2.41% in December

New business premium collection by the life insurance industry has grown 2.41 percent to Rs 1.41 trillion as of December, show the data released by the apex industry body. The industry collected Rs 1,41,584 crore as against Rs 1,38,253 crore last year, the Life Insurance Council said in a statement. The individual new business booked was Rs 63,356 crore 100

11 January, 2019 12:18 PM Amazon Great Indian Sale Dates Announced, Major Deals Previewed

Amazon's Great Indian Sale is coming back this month. The sale will kick off from January 20 and will go on until January 23. The four-day sale promises big deals on smartphones, laptops, cameras, headphones, appliances, and a lot more. The Great Indian Sale will include great deals from lakhs of sellers, according to Amazon. The online marketplace has tied up with HDFC Bank to offer 174

8 January, 2019 5:04 AM Markets open in red despite positive global cues

New Delhi: Markets opened in red on Tuesday despite positive cues as banking sector was reeling under pressure post news of merger deal of Bandhan Bank and Gruh Finance, an arm of industry leader HDFC. Asian shares rose for the third straight session on Tuesday as investors bet that Washington and Beijing are inching towards a trade deal and that US Federal 188

8 January, 2019 4:17 AM Bandhan Bank, Gruh Finance fall 4-10% post merger deal

Shares of Bandhan Bank fell about 4 percent in morning trade on January 8, a day after its board approved a proposal to acquire housing finance firm Gruh Finance through a share swap deal. Gruh Finance was down by over 10 percent. Gruh Finance, promoted by the country's largest mortgage firm HDFC Ltd, is into the financing of affordable housing segment 136

3 January, 2019 8:48 AM HDFC MF surpasses ICICI Prudential MF to become largest AMC in India

HDFC Mutual Fund has pipped rpt pipped ICICI Prudential MF to become the country's largest asset management company after a gap of over two years. As of December-end, HDFC MF manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available with Association of Mutual funds 125

2 January, 2019 7:59 AM Vivo V9 Pro, Vivo Nex, Vivo V11 Pro, and Others Available With Discounts, Offers on Vivo Carnival Sale at Amazon

Amazon India and Vivo have teamed up to run a promotional sale just as the new year kicks in. Titled 'Vivo Carnival', the three-day sale event promises exciting deals on select Vivo smartphones. Amazon India has also tied up with HDFC Bank to offer 10 percent discount on debit card EMIs and up to 5 percent discount on credit card EMIs. Apart from regular 245

1 January, 2019 6:56 AM D-Street Buzz: FMCG index trades lower led by HUL, Britannia, Colgate; Kolte-Patil Developers up 13%

Benchmark indices continues to trade lower on Tuesday afternoon with Nifty is below 10,850 level. The Sensex is down 83.90 points or 0.23% at 35984.43, while Nifty down 24.50 points or 0.23% at 10838. HDFC Bank, Reliance Industries, HDFC, Infosys and ITC ae the negative contributors to the Sensex. Nifty PSU bank index was up 0.50 percent led by Bank of Baroda 141

31 December, 2018 4:49 AM D-Street Buzz: Metals shine led by SAIL, Tata Steel; Titan jumps 4%, RIL most active

The breadth of the market favoured the advances with 1129 stocks advancing and 643 declining while 114 remained unchanged. On the BSE, 1152 stocks advanced, 480 declined and 97 remained unchanged. The Indian benchmark indices has been trading on a positive note in this Monday morning session with the Nifty50 adding 29 points, trading at 10,889 while 140

29 December, 2018 1:19 PM Instant Money Transfer: Charges Levied By Banks For Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS), an instant interbank electronic fund transfer facility, allows the customer to transfer funds on a 24x7 basis and 365 days of the year. The maximum amount that can be transferred via IMPS is Rs 2 lakh. This facility is available only via internet banking. Most banks in the country offer the facility of IMPS for making 95

27 December, 2018 4:28 PM HDFC group surpasses Tatas in m-cap

Financial services conglomerate HDFC group has become the most valuable business house in the country, surpassing Tatas, with the cumulative market valuation of its five listed companies surging Rs 10.40 lakh crore. At close of trade on December 27, the combined market valuation of five HDFC group firms stood at Rs 10,40,689.89 crore on BSE. HDFC Bank with a market 146