IFCI, New India Assurance and GIC are in focus as NSE makes its much-awaited market debut. The stocks have exposure to the exchange through direct holdings or stakes in entities selling NSE shares through the IPO’s OFS.
New India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) for its long-awaited Initial Public Offering (IPO). The government-owned insurer will offload over 1 crore shares as par…
Lavanya Mundayur, CMD of Agriculture Insurance Company of India, has been recommended by the Financial Services Institutions Bureau (FSIB) to lead New India Assurance Company Limited (NIACL). Mundayur, 57, is set to begin a term of approximately three years, …