HSBC acquires L&T Investment Management Limited
L&T Mutual fund ranks no 12 in the 43 player Indian mutual fund industry with total assets under management of Rs 77,608 crore as of July 31 of which equity assets account for Rs 38,807 crore. HSBC on the other hand, ranks 23rd in the industry with assets of Rs 11,211 crore, with equity assets account for Rs 3369 crore.
GigVistas partners with Alyve Health to launch health plans for gig workersGigVistas said that members who purchase the health plans would have additional benefits of free doctor (GP) consultation on call for 12 months, discounts on medicines and exclusive access to health and wellness programmes. In addition, gig professionals will be able to purchase health insurance online on GigVistas without requiring any pre-issuance medical check-ups.
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