Niva Bupa, formerly known as Max Bupa, has announced plans to go public by filing a DRHP with SEBI as the insurance company aims to raise ₹3,000 crore through an IPO and an OFS.
max bupa Health insurance files for initial public offering with sebi to raise rs 3000 crore niva Bupa dhrp care health insurance
The proposed Initial Public Offering (IPO) is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 2,200 crore by a promoter and an investor ...
Niva Bupa Files for Rs 3,000 Cr IPO: Health Insurance Giant Goes Public
Niva Bupa Health Insurance, formerly Max Bupa, files IPO papers with Sebi for Rs 3,000 crore, marking a significant move in India's health insurance market.
CIMB Singapore Users Report Account Balance Errors, Bank Assures System Safety
CIMB Singapore encountered a technical issue on 29 June 2024, affecting the reflection of certain transactions in the bank account balances.
Singapore police seize 1.28 mln fund for scam
SINGAPORE, July 1 (Xinhua) -- Singapore police blocked 40 suspicious bank accounts and seized over 1.28 million Singapore dollars (945,000 U.S. dollars) during an operation between June 20 and June 27 ...
Green Link Digital Bank donates $50,000 to ST School Pocket Money Fund
SINGAPORE – Green Link Digital Bank has pledged a $50,000 donation to The Straits Times School Pocket Money Fund (STSPMF). The bank made the pledge as it celebrated its second year anniversary on June ...
Singapore’s New Rule To Prevent Misuse Of Casinos For Terrorism Financing Is On Par With FATF
Casinos will now look into a customer’s bank accounts as soon as it crosses the new threshold. “The adjustment is made so that Singapore casinos can better combat money laundering and terrorism ...
DBS maintains ‘buy’ call on MPACT following the divestment of Mapletree Anson
DBS Group Research analysts Rachel Tan and Derek Tan have maintained their “buy” call on Mapletree Pan Asia Commercial Trust N2IU - “The recent divestment of Mapletree Anson addresses investors’ ...
DBS strengthens Mashreq’s global same-day cross-border payments
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Temasek on deal hunt to boost returns for Singapore
In March, Singapore approved the merger between Tata-owned Air India and sister airline Vistara, a joint venture between Tata and Temasek-backed Singapore Airlines. The deal has been touted as ...
Singapore to tighten regulations to prevent misuse of casinos for terrorism financing
Casinos will soon have to perform due diligence checks when receiving cash deposits of S$4,000 (US$2,950) or more, down from the current threshold of S$5,000.
HSBC fights UBS for Asia wealth under former Wall Street banker
THE head of HSBC Holdings’s private bank is planning a fresh recruiting drive as part of her bid to regain the title of Asia’s biggest wealth manager from UBS Group. Read more at The Business Times.
Citi sees AI displacing more finance jobs than any other sector
About 54% of jobs across banking have a high potential to be automated, the bank said Wednesday in a new report on AI.
Why won’t Citi remove these fraudulent charges from my card?
All of the charges happened six months ago and they were all for an online travel agency called Agoda. I immediately notified Citi as well as Agoda. Citi issued me a new card, but the fraudulent ...
Investment Ministry meets Singaporean businessmen for further projects
The Ministry of Investment organised a meeting between Singaporean businessmen specialised in infrastructure, water, energy, engineering consultancy, integrated design, project management and ...
Shein’s 2022 sales grow 4x ahead of IPO to close in on Zara
CHINA-FOUNDED Shein started surging in popularity in 2020 amid the Covid-19 pandemic, as customers who were stuck at home logged on to the online retailer to buy cheap clothes. The financials of its ...