Page 2 - Policybazaar

Term plan works better for covering home loan liability, say experts

Home loan protection plan may only cover accidental death, which could leave the borrower's nominees exposed

BSE 200: Adani stocks outperform indices, Zomato down 57.8% in 2022 so far

Top gainers have surged between 50% and 315%, while new-age tech companies, such as Zomato and PB Fintech, have lost half their market value

PB Fintech loss widens to Rs 204 cr in Q1; revenue more than doubles

'We are at an annual run rate of insurance premium of over Rs 9,700 crgrowing 52% YoY,' the company said

Policybazar says IT system of firm compromised; authorities informed

PB Fintech, the parent company of Policybazaar Insurance Brokers Private Ltd, on Sunday said that the IT system of the firm was hacked on July 19 and subsequent corrective action was taken. The company identified certain vulnerabilities on July 19 in a part of Policybazaar Insurance Brokers IT systems leading to illegal and unauthorized access to the network. "In this regard, Policybazaar has reached out to the appropriate authorities and is taking due recourse as per law. The identified vulnerabilities have been fixed and a thorough audit of the systems has been initiated," the insurance brokerage firm said in a regulatory filing. The matter is currently being reviewed by the information security team along with external advisors, it said. "While we are in the process of undertaking a detailed review, as on date, our review has found that no significant customer data was exposed. Policybazaar has always prioritized the security and integrity of its systems and is committed towards

Phishing in troubled waters? Take cover in cyber liability, say experts

Protect family's data, finances; consider floater cover as well

Is the time ripe for consolidation among new-age technology companies?

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

PolicyBazaar owner PB Fintech's shares slumps 11.5% as CEO divests holdings

Sheds 15% intraday before reversing some of the losses to end at Rs 582.8 on BSE

Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale

Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges. He currently holds 24.52 million shares in the company.

Get car engine insurance to keep you afloat during rains, say experts

Roadside assistance and outstation emergency add-ons are useful

Opt for critical illness plan with lower survival period clause: Experts

CI plans generally offer global coverage. "Even if the insured is diagnosed with a CI outside India, this plan will make a pay-out," says Vivek Gambhir, a product head at Tata AIG General Insurance

Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows

Zomato (down 6 per cent to Rs 57.65) and Policybazaar (down 5 per cent to Rs 597.20) have their respective all-time lows since their stock market debut.

Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record

54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said

We want to increase our offline capability, says Policybazaar.com CEO

The demand for term products is always there. The problem is the supply: Policybazaar.com CEO

Term insurance necessity for women, add critical illness cover: Experts

Most insurance experts concur that women don't buy term insurance - one policy that can provide adequate protection - in large enough numbers

Softbank executives to step down from Paytm and Policybazaar boards

This is part of the global strategy of Softbank globally to not be on boards of listed firms

SoftBank execs to quit Paytm, Policybazaar boards as part of global plan

Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.

Rule changes pave way for Paytm and other new-age stocks in Nifty Next 50

Nifty Next 50 index is a gauge for the performance of top 50 stocks other than those part of the benchmark Nifty 50 index. Stocks in both indices make up the Nifty 100 index

Policybazaar falls 8%, hits new low; stock tanks 52% in three months

In the past two weeks, PB Fintech has slipped 28% after Yashish Dahiya, executive director and CEO, and Alok Bansal, whole time director and CFO, sold 6.09 million shares of the company

Paytm, Zomato, Nykaa: Here's why you should avoid these new-age stocks

Paytm has dropped 40 per cent on a YTD basis, and Zomato seems to be revisiting its IPO issue price amid market sell-off

PB Fintech co-founder sells firm's shares worth Rs 236 cr at Rs 825 apiece

However, buyer (s) of the shares could not be ascertained immediately