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Total 35 results found. Search for [ GIC Re ]

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Anand Adhikari
New Delhi, September 4, 2018
Alice Vaidyan has set the foundation for a bigger play for GIC Re in both domestic and global market.


BusinessToday.In
June 29, 2018
Chaturvedi, a former IAS officer, was appointed as Additional (Independent) Director for a period of 3 years.


Anand Adhikari
New Delhi, February 6, 2018
After successfully rechristening the Fasal Bima Yojna, the government has proposed an overhaul of the health insurance scheme.


PTI
February 1, 2018



PTI
December 20, 2017



PTI
New Delhi, December 14, 2017
The government has set an ambitious target of raising Rs 72,500 crore through disinvestment in the current fiscal. Of this, Rs 46,500 crore is to be raised through minority stake sale in PSUs and Rs 15,000 crore from strategic sales. Another Rs 11,000 crore is to come from listing of insurance companies.


PTI
December 14, 2017



BT Online
October 25, 2017
GIC Re is all set to emerge among the top 10 global reinsurers and figure among the 40 largest Indian rpt Indian corporates, both in terms of market capitalisation.


PTI
October 24, 2017
GIC Re is all set to emerge among the top 10 global reinsurers and figure among the 40 largest Indian rpt Indian corporates, both in terms of market capitalisation. From its current ranking of 12 largest global reinsurer, the company is set to grow to the 10th spot during the current fiscal, given its healthy growth rate, a market source said. At present, GIC Re is also the 3rd largest reinsurer in Asia.


PTI
October 23, 2017
The offer comes soon after the Rs11,370 crore IPO of General Insurance Corp. of India Ltd (GIC Re), which will be listed on 25 October. It has already been oversubscribed by over 1.35 times. The street has seen a couple of more IPOs in last one and half months, which include ICICI Lombard and SBI Life.


Mahesh Nayak
New Delhi, October 16, 2017
If it was not for some of our investors looking for an exit,we might have not listed our company,\" says Murugavel Janakiraman, CEO, Matrimony.com. The company, whose initial public offering, or IPO, in September mopped up nearly Rs500 crore at Rs985 per share, got only Rs130 crore, as the rest went to exiting investors.


Mahesh Nayak
New Delhi, October 11, 2017
By 2 pm the issue of GIC RE was subscribed 0.72 times with institutional investor's portion getting fully subscribed at 1.41 times. The IPO that opened today closes on Friday, October 13, 2017.


Teena Jain Kaushal
New Delhi, October 12, 2017
GIC is one of the oldest and the largest reinsurer which provides reinsurance across business lines including fire, marine, motor, engineering, agriculture, health, liability, credit and financial and life insurance.


BT Online
New Delhi, October 11, 2017
This will be India's third biggest IPO, after Coal India and Reliance Power. This will also be the first time when India's primary market will see public offering by a reinsurer player in the country. 


PTI
New Delhi, October 8, 2017
Two companies - Indian Energy Exchange and General Insurance Corporation Of India are set to launch their initial public offerings this week to raise about Rs 12,371 crore.


Reuters
New Delhi, October 4, 2017
GIC Re set a price range of 855-912 rupees a share for its IPO that will run from Oct. 11-13, according to a public notice on Wednesday. At the upper end of the price range, the IPO would raise 113.7 billion rupees.


Anand Adhikari
New Delhi, September 16, 2017
GIC's Alice Vaidyan, who is reaping the benefit of 'new crop' insurance, has also prepared the organisation for its first-ever IPO


Reuters
September 13, 2017
SBI Life, a subsidiary of top state lender State Bank of India, will open the IPO sale to the public on September 20 and close it on September 22, according to a filing. Two sources said the shares will be sold in a price range of Rs 685 to Rs 700 apiece.


Reuters
Mumbai, September 13, 2017
India's SBI Life Insurance Co Ltd will launch an initial public offering next week to raise as much as $1.3 billion, sources with direct knowledge told Reuters, in what will be the country's first billion-dollar IPO in nearly seven years.


Anand Adhikari
Mumbai, August 28, 2017
However, global re-insurers gradually increasing their presence in India has the potential to upset the calculations of GIC.


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