Indian Life Insurance Companies Record 9.91% upgrade in Premiums in December 2024

11th November 2024: Life Insurance Council has released updated industry business figures for the month of December 2024. Indian Life Insurance Companies recorded record new business figures in December 2024; Premium Collection grew by 9.91%. According to data released by Life Insurance Council, the life insurance industry witnessed a growth of 13.52% on a year-on-year…

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Paytm shares have fallen over 7% after it posted no UPI market share inflation in December, according to NPCI data

Shares of One97 Communications, the parent company of payment aggregator Paytm, fell as much as 7.5 percent to Rs 907 per share on January 8 after a UBS report showed Paytm did not gain any UPI market share in December, according to NPCI data. Despite getting approval to add customers in October, Paytm’s UPI market…

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Vodafone Idea shares grow over 5% as government waives bank guarantees for previous spectrum auctions

Vodafone Idea shares surged over 5 per cent on December 30 as government waives bank guarantees for previous spectrum auctions. At 11:10 am on December 30, Vodafone Idea shares were trading at Rs 7.88. The telecom firm has been exempted from providing bank guarantees of Rs 24,800 crore for spectrum auctions held before 2021 (2012,…

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