While the private sector insurance industry reported a 14.51% increase in premium income during the same period, reaching ₹53,144 crore, riding on the growth in group single premiums, LIC’s overall premium income declined 25% to ₹74,156 crore for the same period.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an