Stock to watch tomorrow: Vakrangee shares in focus after this tie-up with Aditya Birla Health Insurance
3 weeks, 1 day ago

Stock to watch tomorrow: Vakrangee shares in focus after this tie-up with Aditya Birla Health Insurance

Live Mint  

The share price of Vakrangee will remain in focus on Thursday's trading session, after the announced a strategic corporate agency tie-up with Aditya Birla Health Insurance Company Limited, the health insurance arm of Aditya Birla Capital. This strategic collaboration aims to expand the reach of comprehensive health insurance solutions across the extensive Vakrangee Kendra network, particularly in underserved and remote regions. This collaboration aligns with our vision to make essential services more accessible to the underserved and remote regions of the country," said Vedant Nandwana, Managing Director, Vakrangee Ltd. “By offering a comprehensive range of health insurance products through our extensive Vakrangee Kendra network, we aim to empower customers with financial security and promote overall wellbeing. Together with Aditya Birla Health Insurance, we look forward to making quality healthcare protection accessible to every household across India,” Nandwana added.

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LIC is in ‘advanced talks to buy substantial stake in a standalone health insurer’
2 days, 21 hours ago

LIC is in ‘advanced talks to buy substantial stake in a standalone health insurer’

The Hindu  

State-owned Life Insurance Corporation of India is in advanced talks with a “standalone health insurance company to acquire a substantial stake” as part of its proposed foray into health insurance. There can be no guarantee or assurance of the execution/consummation of the potential deal, it said in an intimation to the stock exchanges hours after MD and CEO Siddhartha Mohanty …

LIC hopes to decide on stake in health insurance company by March: Report
Trending News
3 days, 7 hours ago

LIC hopes to decide on stake in health insurance company by March: Report

India Today  

Life Insurance Corporation of India hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive said on Tuesday. Competition in India’s insurance business has risen in recent years as private insurers have ramped up their presence in the health insurance market to tap into growing consumer demand. LIC sells life insurance …

Small-cap stock Vakrangee jumps 5% after partnership with Shriram Life Insurance: Stock inches close to 1 year high
2 months, 3 weeks ago

Small-cap stock Vakrangee jumps 5% after partnership with Shriram Life Insurance: Stock inches close to 1 year high

Live Mint  

Stock Market Today: Small-cap stock Vakrangee Ltd gained 5% during intraday trades on Monday follwing its announcement regarding a partnership with Shriram Life Insurance Vakrangee share price opened at ₹33.44 on the BSE on monday, slightly higher than teh previous close of ₹33.17. Vakrangee share price gains on Monday were fuelled by its announcement on the exchanges on Monday said …

Explained: Why LIC share price gained nearly 4% in early trade
3 months, 3 weeks ago

Explained: Why LIC share price gained nearly 4% in early trade

India Today  

Shares of Life Insurance Corporation of India rose nearly 4% in early trade after a media report indicated that the state-owned insurer has moved closer to acquiring half of ManipalCigna Health Insurance. This potential deal would mark LIC’s entry into the growing health insurance market, diversifying its business from its core life insurance offerings. If finalised, the deal is expected …

Global Investors Are Flocking to India's Healthcare Sector: A Healthcare Industry Powerhouse
4 months, 3 weeks ago

Global Investors Are Flocking to India's Healthcare Sector: A Healthcare Industry Powerhouse

Live Mint  

Global investors are flocking to India's healthcare sector due to the country's increasing insurance penetration and the government's Ayushman Bharat Scheme, which aims to provide free access to health insurance coverage for low-income earners. The scheme currently covers about 500 million poor people in the country and is being expanded to cover all citizens above 70.

All about Bima Sugam portal, a ‘UPI moment’ for insurance sector
1 year, 6 months ago

All about Bima Sugam portal, a ‘UPI moment’ for insurance sector

Hindustan Times  

According to a report, the Insurance Regulatory and Development Authority of India has formed a steering committee to act as the apex decision-making body for the creation of its ambitious ‘Bima Sugam’ online platform. The Insurance Regulatory and Development Authority of India; IRDAI Also, the IRDAI, which describes the proposed portal as a ‘game-changer’ and a ‘UPI moment’ for the …

Andhra Pradesh: New health policy to contain risk
7 years, 3 months ago

Andhra Pradesh: New health policy to contain risk

Deccan Chronicle  

Vijayawada: Lack of co-ordination between the CMO and the NTR Vaidya Seva has put on hold a health scheme that would have financially benefited the populace as well as placed limited liability on the government. Details the new health scheme: The existing Arogya Raksha of NTR Vaidya Seva has been charging Rs 1,250 from each member of the family for …

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