HDFC Life
HDFC Life to take over Exide LIfe for Rs 6.7K cr
Once the share issue happens, Exide Industries will be on-boarded as shareholder in HDFC Life and will have 4.1% stake in the merged entity
HDFC Life’s futurance programme enters phase two
The first phase saw the short-listing of 8 start-ups from over 100 participants.
LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 cr
All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.
LIC grows 6 per cent, private insurers see 22 per cent rise
Private insurers hold one-third market, LIC wields two-thirds.
HDFC Life shares drop over 5 pc on stake sale announcement
After the stake sale, Standard Life's holding in the insurance company will come down to 24.27 per cent.
Max Life, HDFC Life remain loyal to merger talks
The scheme proposes merging of insurance business in an agreement between MFSL, MLIC, HDFC and Max India.
HDFC,Max Fin proposed merger facing regulatory hurdles
The companies have not received any communication either from the government or regulator.