PNI News - Press Network of India

Bangalore : ICICI Prudential Life Insurance’s sustained investment in technology and automation along with other cost optimisation initiatives has played a central role in bringing down its cost-to-premium ratio for the savings line of business to 13.6% in Q1-FY2027. It has reduced by 50 basis point over the previous year, even as the Company continues to scale its business. Commenting on this, Mr. Ganessan Soundiram, Chief Technology Officer, ICICI Prudential Life Insurance, said, “At ICICI Prudential Life Insurance,…

DVS Advisory Group today announced the appointment of Prakash Subramanian KV as a Director on its Board. In his new role, he will support the firm's continued growth and strategic priorities. Prakash joins DVS Advisory Group with more than 35 years of experience across banking, capital markets and asset management. Over the course of his distinguished career, he has held several senior leadership positions with leading global financial institutions, building deep expertise in financial markets, investment advisory…

Mumbai : SocialTAG is a new-age media company working at the intersection of AI, technology and design brands and creators. Building on its recent strategic rebranding, the agency is focused on building the strongest AI, tech and design creator roster, bringing together creators across entrepreneurship, artificial intelligence, design, software engineering and emerging technologies. The agency currently represents creators working across different areas of the technology ecosystem, from artificial intelligence and…

Bangalore — The RP-Sanjiv Goenka Group (RPSG) today announced that Purvah Green Power Private Limited, the renewable energy platform of CESC Limited, is set to acquire a 1.4 GWp operating solar portfolio from ReNew Solar Power Private Limited, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of ₹ INR 4859 crore (USD 509 million at ₹95.5/USD). The acquisition has been funded by the parent company. The transaction is among the largest acquisitions of operating solar assets…

MUMBAI: Shankesh Jewellers, a Mumbai-based jewellery wholesaler, on Tuesday said its Rs 367 crore Initial Public Offering (IPO) will open for subscription on August 18. The price band for the IPO has been fixed at Rs 88-93 per equity share, valuing the company at Rs 1,367 crore at the higher end.The book-build issue, comprises of a fresh issue of 2,94,82,000 (2.95 crore) equity shares and an offer for sale (OFS) of 1,00,00,000 (1 crore) Equity shares. At the upper price band, the issue size will be around Rs 367…

Jindal Stainless, India's leading stainless steel manufacturer, has signed a Memorandum of Understanding (MoU) with MIT World Peace University (MIT-WPU), Pune, to introduce a specialised course titled ‘Stainless Steel: A Sustainable, Green & Innovative Material for Tunnel and Underground Space Construction.’ The collaboration aims to strengthen industry-academia engagement by equipping future engineers with practical knowledge of stainless steel, advanced materials and their applications in sustainable tunnel…

 Bengaluru : Navi Mutual Fund today launched its investor awareness campaign focused on index fund investing, using humour and everyday situations to make investing conversations more relatable and accessible for young Indians. As investing becomes increasingly mainstream, discussions around financial products are no longer confined to experts. Recognising this shift, Navi Mutual Fund's new campaign brings conversations around index funds into familiar social settings, helping demystify one of the simplest ways to…