Latest news with #ShyamSrinivasan
Business Insider
09-07-2025
- Business
- Business Insider
Goldman Sachs Sticks to Its Hold Rating for Life Insurance Corp. of India (LICI)
Goldman Sachs analyst Shyam Srinivasan maintained a Hold rating on Life Insurance Corp. of India today and set a price target of INR930.00. The company's shares closed today at INR946.85. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Srinivasan is an analyst with an average return of -6.8% and a 30.56% success rate. Srinivasan covers the Healthcare sector, focusing on stocks such as Divi's Laboratories Limited, Laurus Labs Ltd., and Syngene International Ltd.. The word on The Street in general, suggests a Hold analyst consensus rating for Life Insurance Corp. of India. Based on Life Insurance Corp. of India's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR2034509900 thousand and a net profit of INR110.09 billion. In comparison, last year the company earned a revenue of INR2138761379 thousand and had a net profit of INR94.69 billion
Business Insider
09-07-2025
- Business
- Business Insider
Goldman Sachs Sticks to Its Buy Rating for HDFC Life Insurance Co. Ltd. (HDFCLIFE)
In a report released today, Shyam Srinivasan from Goldman Sachs maintained a Buy rating on HDFC Life Insurance Co. Ltd., with a price target of INR890.00. The company's shares closed today at INR794.15. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Srinivasan is an analyst with an average return of -6.8% and a 30.56% success rate. Srinivasan covers the Healthcare sector, focusing on stocks such as Divi's Laboratories Limited, Laurus Labs Ltd., and Syngene International Ltd.. In addition to Goldman Sachs, HDFC Life Insurance Co. Ltd. also received a Buy from HSBC's Rahil Shah in a report issued on July 3. However, on July 2, Macquarie downgraded HDFC Life Insurance Co. Ltd. (NSE: HDFCLIFE) to a Sell. Based on HDFC Life Insurance Co. Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR242.48 billion and a net profit of INR4.75 billion. In comparison, last year the company earned a revenue of INR280.61 billion and had a net profit of INR4.12 billion
Business Insider
09-07-2025
- Business
- Business Insider
Goldman Sachs Reaffirms Their Hold Rating on ICICI Prudential Life Insurance Co. Ltd. (ICICIPRULI)
In a report released today, Shyam Srinivasan from Goldman Sachs maintained a Hold rating on ICICI Prudential Life Insurance Co. Ltd., with a price target of INR625.00. The company's shares closed today at INR664.55. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Srinivasan covers the Healthcare sector, focusing on stocks such as Divi's Laboratories Limited, Laurus Labs Ltd., and Syngene International Ltd.. According to TipRanks, Srinivasan has an average return of -6.8% and a 30.56% success rate on recommended stocks. Currently, the analyst consensus on ICICI Prudential Life Insurance Co. Ltd. is a Moderate Buy with an average price target of INR685.50, a 3.15% upside from current levels. In a report released on July 3, Macquarie also maintained a Hold rating on the stock with a INR635.00 price target.
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Business Standard
13-06-2025
- Business
- Business Standard
TVS Capital revamps board to boost focus on India's $10 trn growth path
TVS Capital Funds (TCF) on Thursday announced a restructuring of its board of directors, a move the growth equity firm said underscores its commitment to supporting India's economic expansion towards the $10 trillion milestone. The firm, which positions itself as tailored for the Indian market, said the reshuffle is aimed at strengthening its partnership-driven investment model while enhancing governance and value creation across its portfolio companies. New appointments to bring strategic depth As part of the leadership overhaul, TCF has appointed three seasoned business executives as independent directors. Shyam Srinivasan, former Managing Director and CEO of Federal Bank, joins as Senior Advisor and Operating Partner, bringing deep experience in financial services, institution-building and market leadership. Subhasri Sriram, Managing Director and CEO of Shriram Capital, joins the board with over three decades of experience in financial services and corporate governance. Mithun Sacheti, founder and former Managing Director of CaratLane, adds entrepreneurial insight and expertise in scaling digital consumer businesses. 'The addition of Mithun, Subhasri and Shyam marks an important milestone for TCF,' said Gopal Srinivasan, Chairman and Managing Director of TVS Capital Funds. 'Their diverse expertise and shared commitment to purposeful growth will help us further our mission.' The new leadership structure is designed to sharpen sector expertise and support long-term, founder-led businesses with strategic capital and institutional oversight. Founding members transition from board roles R. Thyagarajan has concluded his formal association with the board after playing a foundational role in TVS Capital Funds' journey. The firm said his guidance was instrumental in anchoring its approach to governance, discipline and stakeholder alignment. He will continue to guide the firm as 'Mentor Emeritus'. Pradeep Kumar and Rajeev Gupta are also moving on from active board responsibilities. The firm acknowledged that their leadership was instrumental in shaping TCF's trajectory and impact.
Entrepreneur
13-06-2025
- Business
- Entrepreneur
TVS Capital Funds Revamps Board of Directors
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. In a strategic realignment aimed at reinforcing its governance and sectoral expertise, TVS Capital Funds (TCF) has reconstituted its Board of Directors, according to a report released by the firm on Friday. The move comes as the growth equity fund deepens its commitment to supporting founder-led businesses and advancing India's broader economic trajectory toward a $10 trillion goal. The reshuffle introduces three new Independent Directors—Shyam Srinivasan, Subhasri Sriram, and Mithun Sacheti—while marking the departure of key founding figures who have shaped the firm since its inception. This leadership transition is designed to strengthen TCF's "Designed-for-India" investment model, which pairs capital with deep capability and governance oversight. R. Thyagarajan, who played a foundational role in building TCF, has stepped down from the Board but will continue as 'Mentor Emeritus'. "His guidance was instrumental in anchoring our approach to governance, discipline, and stakeholder alignment," TCF said in its statement. Alongside Thyagarajan, Board members Pradeep Kumar and Rajeev Gupta are also stepping away from active responsibilities. The firm credited them with steering its cultural and operational evolution with "leadership, vision, and steadfast guidance." TCF expressed its "profound gratitude" to the outgoing members, acknowledging their role in laying the groundwork for the firm's next phase. Shyam Srinivasan, the former managing director and CEO of Federal Bank, joins as senior advisor and operating partner. "I am pleased to join TVS Capital Funds as an Independent Director. Excited to help shape a values-led institution that powers enduring businesses and future-ready leaders, building for Bharat with purpose at the core," Srinivasan said. Joining him is Subhasri Sriram, the managing director and CEO of Shriram Capital, who brings three decades of experience in corporate governance and financial services. "TVS Capital's legacy of nurturing Nextgen entrepreneurs and building enduring businesses aligns deeply with my own professional values," she noted. Mithun Sacheti, founder and former MD of CaratLane, adds entrepreneurial muscle to the team with a track record in scaling digital-first consumer brands. "It is a privilege to join the Board of TVS Capital… I look forward to contributing to this mission alongside a distinguished group of board members," Sacheti said. Commenting on the transition, Gopal Srinivasan, chairman and managing director of TCF, described it as a milestone moment. "The addition of Mithun, Subhasri, and Shyam marks an important milestone for TCF… We also honour the remarkable contributions of Mr. R. Thyagarajan, Mr. Pradeep Kumar, and Mr. Rajeev Gupta, whose leadership and insights have been of great importance."
