Business

ICICI Prudential Life Insurance has launched the BSE 500 Momentum Value 50 Index Fund, adding a new rules-based investment option to its ULIP portfolio as long-term household participation in equity-linked financial products continues to expand. The fund will provide exposure to 50 companies selected from the broad BSE 500 universe and follow the ICICI Pru…

Yes Bank has said the entry of Japan’s Sumitomo Mitsui Banking Corporation (SMBC) as its largest shareholder has significantly strengthened the bank’s institutional positioning. SMBC, part of Sumitomo Mitsui Financial Group and a Global Systemically Important Bank, holds a 24.9 per cent stake in Yes Bank. The lender said the partnership provides not only additional…

ICICI Prudential Life Insurance today announced the launch of ICICI Pru iProtect Smart Her, a comprehensive term insurance plan designed specifically for women.The product combines life insurance with health management, wellness and financial flexibility features. It offers a 15% lifetime premium discount for women and a pregnancy break benefit to help manage premium commitments during…

Hyundai Motor India (HMIL) is targeting cumulative sales of 1 million connected cars by 2027, up from more than 0.8 million currently, as demand for technology-enabled vehicles continues to rise in India. The company aims to cross the 2 million connected-car milestone by 2030. Hyundai’s Bluelink platform offers more than 70 features, including remote vehicle…

E3 has officially entered India’s electric two-wheeler market with the launch of its first electric scooter, the Trion. The Bengaluru-based startup has priced the scooter from Rs 1 lakh (ex-showroom) and introduced it in three variants — C1, C1x and C2. The new model combines smart technology, modern styling and a claimed riding range of…

Apple is gearing up for its flagship autumn keynote event, with industry insiders and supply chain leaks pointing to Wednesday, September 9, 2026, as the target date for the official unveiling of the iPhone 18 Pro and iPhone 18 Pro Max. While Apple has yet to send out official media invitations, internal preparations—such as retail…

ICICI Prudential Life Insurance has reduced its savings cost-to-premium ratio to 13.6 per cent in the first quarter of FY2027, marking a 50-basis-point decline from a year earlier, as the insurer intensified its focus on technology, automation and cost optimisation while continuing to expand its business. The insurer said sustained investments in digital infrastructure, artificial…

Netflix has marked its 10th anniversary in India by reaffirming its commitment to nurturing the country’s creative talent and storytelling ecosystem. As part of the celebrations, Netflix Co-Chief Executive Officer Ted Sarandos met a group of Indian writers for an interactive session focused on the future of storytelling and the evolving entertainment landscape. The discussion,…

ICICI Prudential Life Insurance has launched a 10-year life cover option under its ICICI PruiProtect Smart Plus plan, reflecting the broader policy emphasis on expanding financial protection and insurance penetration in India. The new offering is aimed at customers with defined financial obligations such as home loans, children’s education goals and business loans, enabling them…