• Indian Indices
  • Global Indices
  • Commodities
  • Currency
Sensex
  • Sensex
  • Nifty
{{x.close_price| number:2}} {{x.netchg| number:2}} ({{x.perchg | number:2}}%)
Open - {{x.open | number:2}}
Prev Close - {{x.prevclose|number:2}}
Today's High - {{x.high|number:2}}
Today's Low - {{x.low|number:2}}
Advances/Declines (30 Companies)
  • 1D
  • 1W
  • 1M
  • 1Yr
  • 5Yr
{{x.upd_time}}
FTSE 100
  • FTSE 100
  • DJIA
  • NIKKEI 225
  • HANG SENG
{{x.Date}}
{{x.close| number:2}} {{x.Chg | number:2}} ({{x.PChg | number:2}}%)
Open - {{x.close | number:2}}
Prev Close - {{x.PrevClose|number:2}}
Gold
  • Gold
  • Silver
  • Crude Oil
  • Copper
{{x.Trd_Date}} ( {{x.Time}} )
{{x.ClosePrice| number:2}} {{x.change| number:2}} ({{x.perchange | number:2}}%)
Exchange - MCX
Open - {{x.Open|number:2}}
Exp Date - {{x.Exp_Date}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevClose|number:2}}
Today's Low - {{x.Low|number:2}}
USDINR
  • USDINR
  • GBPINR
  • EURINR
  • JPYINR
{{x.Lasttrdtime}} ( {{x.Time}} )
{{x.ltp| number:2}} {{x.PriceDiff| number:2}} ({{x.PerChange | number:2}}%)
Exchange - NSE
Open - {{x.Open|number:2}}
Exp Date - {{x.Expirydate}}
Today's High - {{x.High|number:2}}
Prev. Close - {{x.PrevPrice|number:2}}
Today's Low - {{x.Low|number:2}}
As On 24-Sep-2018
SENSEX
36,305.02
-536.58 (-1.46%)
NIFTY
10,967.40
-175.70 (-1.58%)
EQUITY
    No Companies Visited

Back to news list
  • HDFC ERGO To Acquire L&T General Insurance

    The Board of Directors of HDFC ERGO General Insurance Company Limited in its meeting held on 3rd June'16, approved purchase of 100% stake in L&T General Insurance Company subject to IRDAI and other regulatory approvals. The Board also approved the plan to merge the two companies subject to all regulatory approvals.

    Speaking on the occasion, Mr. Deepak Parekh, Chairman of HDFC and HDFC ERGO General Insurance said, "Considering the importance of scale in the insurance business, consolidation within the insurance industry is inevitable. This transaction marks the beginning of this consolidation phase. The acquisition will help HDFC ERGO to further strengthen its presence in the market. The combined size and expertise will result in improved cost efficiencies in the merged entity and benefit policy holders and other stakeholders."

    For the all-cash deal structured by Arpwood Capital Pvt Ltd., exclusive financial advisors to HDFC ERGO, the transaction has been valued at Rs. 551 crores. The acquisition would help HDFC ERGO improve its market position.

    HDFC ERGO expects significant cost synergies arising out of business, technology optimization and rationalization of offices.

    HDFC ERGO, a 51:49 joint venture between housing major HDFC Limited and ERGO International, Germany (part of Munich Re Group), is the 4th largest private sector general insurer in India and offers all lines of general insurance products including motor, health, personal accident, home, fire, marine, aviation, liability, crop insurance etc. During the financial year ended March 31, 2016, the Company wrote gross premiums of Rs 3467 crores and made a profit after tax of Rs. 151 crores. The Company operates through 108 offices and employees strength of 2007.

    L&T General Insurance is a wholly owned subsidiary of engineering conglomerate, Larsen and Toubro. The six year old insurer is a relatively new entrant in the insurance industry. During the financial year ended March 31, 2016, L&T General Insurance wrote gross premium of Rs 483 crores registering a growth of 40% over previous financial year. The company operates through 28 offices and employee strength over 800 employees.

    Back to news list
Previous Stories :
More
Insurance News

Quick Links

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Capital Market Publishers India Pvt. Ltd.

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071.
91-22-25229720
91-22-25230011
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter messages
giving any kind of stock recommendations.
For Capital Market Magazine Print Edition queries mail to : subscription@capitalmarket.com
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
For any other Capital Market Website related Queries mail to : info@capitalmarket.com
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to : advt@capitalmarket.com
Flash News 24-Sep-2018
  •  ( 16:23) Nifty ends below 11,000 level  
  •  ( 16:16) Broader market slumps  
  •  ( 15:23) European markets dip as trade war, Brexit pessimism weigh  
  •  ( 15:20) India reassures equity investors as liquidity fears grow  
  •  ( 08:25) Tata Steel inks deal to buy steel biz of Usha Martin  
  •  ( 08:25) Most Asian indices shut for holiday  
  •  ( 08:00) Dow posts back-to-back records  
Show News
24 September 2018 00:00
345.75
(-4.49 %)
1265.85
(-2.86 %)
597.55
(-0.31 %)
2756.35
(-1.41 %)
357.50
(-4.00 %)
281.45
(2.10 %)
1721.05
(-6.22 %)
1926.25
(-2.16 %)
3105.60
(-1.90 %)
1591.00
(-1.89 %)
308.75
(-2.85 %)
1674.65
(-4.94 %)
717.30
(1.56 %)
297.90
(-1.93 %)
1149.40
(-2.56 %)
1318.40
(-1.00 %)
895.40
(-6.46 %)
7795.85
(-3.03 %)
168.30
(0.57 %)
180.10
(0.00 %)
198.45
(-0.87 %)
1232.30
(1.27 %)
264.55
(-2.04 %)
623.70
(-1.86 %)
240.25
(-3.98 %)
128.05
(-2.88 %)
606.60
(-2.87 %)
2198.70
(4.51 %)
229.65
(-0.02 %)
332.60
(-1.41 %)
226.25
(-0.35 %)
Sensex 5min and Nifty 15min delayed as on .
Show Ticker
Rotate your device

Rotate your device

For the best experience please go back to portrait mode.