ICICI Prudential Life Insurance
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ICICI Prudential Life Insurance
ICICI Prudential Life Insurance Company Limited is a life insurance company in India. Established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, ICICI Prudential Life is engaged in life insurance and asset management business. In 2016, the company became the first insurance company in India to be listed in the domestic stock exchanges. History ICICI Prudential Life Insurance started its operations in 2001. The life insurance arm was established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited with assets under management (AUM) of approx. . In 2010, the company had grown up to mark in assets under management (AUM). In 2015, the company had crossed mark in assets under management (AUM). It became the first insurance company in the industry to benchmark in AUM. In 2016, ICICI Prudential Life became the first insurance company to be listed in Indian stock market, namely Bombay Stock Exch ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Paytm
Paytm (acronym for "pay through mobile") is an Indian digital payments and financial services company, based in Noida. It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications. The company offers mobile payment services to consumers and enables merchants to receive payments through its QR code, point of sale and online payment gateway offerings. In partnership with financial institutions, Paytm offers financial services such as microloans and buy now, pay later to its consumers and merchants. Apart from bill payments and money transfer, the company also provides ticketing services, retail brokerage products and online games. Paytm's parent company, One97 Communications, got listed on the Indian stock exchanges on 18 November 2021 after an initial public offering, which was the largest in India at the time. For the fiscal year 2021–22, Paytm's gross merchandise value (GMV) was reported to be . History Paytm was founded on August 2010 with an initial ...
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Life Insurance Companies Of India
Life is a quality that distinguishes matter that has biological processes, such as signaling and self-sustaining processes, from that which does not, and is defined by the capacity for growth, reaction to stimuli, metabolism, energy transformation, and reproduction. Various forms of life exist, such as plants, animals, fungi, protists, archaea, and bacteria. Biology is the science that studies life. The gene is the unit of heredity, whereas the cell is the structural and functional unit of life. There are two kinds of cells, prokaryotic and eukaryotic, both of which consist of cytoplasm enclosed within a membrane and contain many biomolecules such as proteins and nucleic acids. Cells reproduce through a process of cell division, in which the parent cell divides into two or more daughter cells and passes its genes onto a new generation, sometimes producing genetic variation. Organisms, or the individual entities of life, are generally thought to be open systems ...
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HDFC Life
HDFC Life Insurance Company Ltd. ( d/b/a HDFC Life) is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance services and incorporated on 14 August 2000. The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. The remaining equity is held by public shareholders. Presence and distribution HDFC Life obtained the certificate of commencement of business on 12 October 2000 and a certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to undertake the life insurance business on 23 October 2000. HDFC Life has 421 branches and is present in 980+ cities, villages, and towns in India and supported by 16,544 employee ...
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SBI Life Insurance Company
SBI Life is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake. Other investors are Value Line Pte. Ltd. and MacRitchie Investments Pte. Ltd., holding a 1.95% stake each while the remaining 12% is free float stake with public investors. SBI Life has an authorized capital of and a paid up capital of . The AuM is Rs. 2,623.5 billion. In 2007, CRISIL Limited, a subsidiary of global rating agency Standard & Poor's, gave the company a AAA/Stable/P1+ rating. History The company got incorporated as a public limited company in Mumbai on 11 October 2000 and received Certificate of Commencement of Business from the RoC on 20 November 2000 and got registered with the IRDAI for carrying out business of life insurance on 29 March 2001. SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is ...
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Life Insurance In India
Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 (worth ₹15 lakh & ₹41 lakh in 2017 prices). Life Insurance in India was nationalised by incorporating Life Insurance Corporation (LIC) in 1956. All private life insurance companies at that time were taken over by LIC. In 1993, the Government of India appointed RN Malhotra Committee to lay down a road map for privatisation of the life insurance sector. Types of life insurance in India *Unit-linked insurance plan Companies Below are the list of life insurance companies in India: * Life Insurance Corporation of India * HDFC Life * ICICI Prudential Life Insurance * Bajaj Allianz Life Insurance * Kotak Life Insurance * SBI Life Insurance Company * Max Life Insurance * Exide Life In ...
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ICICI Lombard
ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, Insurance, insurance claims management and investment management. The company has a Gross Written Premium (GWP) of ₹143.20 billion (FY 2021). The firm offers Policy, policy insurance and renewal through its intermediaries and website. It markets assurance products including Vehicle insurance, Car Insurance, Health insurance, Health Insurance, Travel insurance, International Travel Insurance, Overseas Student Travel insurance, Travel Insurance, Two-wheeler insurance, Two Wheeler Insurance, Home insurance, Home Insurance and Weather insurance. ICICI Lombard has 273 branches and 840 virtual offices spread across the nation. History Established in 2001, ICICI Lombard General Insurance Company is a joint venture between ICICI Bank- India’s second largest bank and Fairfax Financial Holdings Limited- a financial services company based in Toro ...
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Corporate Social Responsibility
Corporate social responsibility (CSR) is a form of international private business self-regulation which aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically oriented practices. While once it was possible to describe CSR as an internal organizational policy or a corporate ethic strategy, that time has passed as various national and international laws have been developed. Various organizations have used their authority to push it beyond individual or even industry-wide initiatives. In contrast, it has been considered a form of corporate self-regulation for some time, over the last decade or so it has moved considerably from voluntary decisions at the level of individual organizations to mandatory schemes at regional, national, and international levels. Moreover, scholars and firms are using the term "creating shared value", an extension of corporate social responsibility, to explain ways of d ...
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COVID-19
Coronavirus disease 2019 (COVID-19) is a contagious disease caused by a virus, the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The first known case was COVID-19 pandemic in Hubei, identified in Wuhan, China, in December 2019. The disease quickly spread worldwide, resulting in the COVID-19 pandemic. The symptoms of COVID‑19 are variable but often include fever, cough, headache, fatigue, breathing difficulties, Anosmia, loss of smell, and Ageusia, loss of taste. Symptoms may begin one to fourteen days incubation period, after exposure to the virus. At least a third of people who are infected Asymptomatic, do not develop noticeable symptoms. Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, Hypoxia (medical), hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure ...
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Konkona Sen Sharma
Konkona Sen Sharma (born 3 December 1979) is an Indian actress and filmmaker who works primarily in Hindi and Bengali films. She has received two National Film Awards and four Filmfare Awards. The daughter of filmmakeractress Aparna Sen, Sen Sharma appears primarily in arthouse independent films, and her achievements in the genre have established her as one of the leading actresses of contemporary parallel cinema. She has also acted in mainstream films like ''Laaga Chunari Mein Daag'' for which too she has received awards. Making her debut as a child artist in the film ''Indira'' (1983), Sharma debuted as an adult in the Bengali thriller '' Ek Je Aachhe Kanya'' (2000). She first gained attention with the English-language film '' Mr. and Mrs. Iyer'' (2002), which was directed by her mother, and received the National Film Award for Best Actress for her performance. Her appearance in the drama ''Page 3'' (2005) got her wider recognition, and she has since starred in a number of f ...
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Swanand Kirkire
Swanand Kirkire (Marathi: स्वानंद किरकिरे) (born 29 April 1972) is an Indian lyricist, playback singer, writer, assistant director, actor and dialogue writer, both in television with Marathi and Hindi films. Kirkire won the National Film Award for Best Lyrics twice: first in 2006 for the song "Bande Me Tha Dum...Vande Mataram" from the film ''Lage Raho Munna Bhai'', and then in 2009, for the song "Behti Hawa Sa Tha Woh" from the film ''3 Idiots''. He received Filmfare Award nomination for Best Lyrics for the song "Piyu Bole" in '' Parineeta'' (2005). In 2018, at the 66th National Film Awards he won the National Film Award for Best Supporting Actor for the Marathi film ''Chumbak''. Early life and education Swanand Kirkire was born and brought up at Rambagh in Indore-based Marathi speaking family to Chintamani (father) and Neelambari (mother), both of whom are classical singers. However, Swanand had no formal training in singing. He moved to Delhi after ...
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