Jun 21, 2016 at 15:18 | Source: PTI
"Upon change in law (hike in FDI limit in insurance), Bank of India has sold its 18 percent stake in Star Union Dai-lchi Life Insurance Company Ltd (SUD) to Dai-Ichi Life Insurance Company Limited (DILIC)", Bank of India it said in a regulatory filing.
Jun 21, 2016 at 12:38 | Source: Moneycontrol.com
Bank of India has informed BSE that upon change in law, Bank of India has sold its 18% stake in Star Union Dai-lchi Life Insurance Company Ltd (SUD) to Dai-ichi Life Insurace Company Limited (DILIC).
Jun 07, 2016 at 08:36 | Source: Moneycontrol.com
On June 6, 2016 ICICI Prudential Life Insurance Company Limited bought 70,00,000 shares of Redington at Rs 107.
Jun 04, 2016 at 10:35 | Source: Moneycontrol.com
Housing Development Finance Corporation has informed that the Board of Directors of HDFC ERGO General Insurance Company Limited at its meeting held on June 3, 2016 subject to receipt of requisite approvals, has approved the acquisition of a 100 percent stake in L&T General Insurance Company Limited for an aggregate consideration of Rs 551 crore.
Jun 04, 2016 at 10:31 | Source: Moneycontrol.com
Larsen & Toubro has informed regarding
Jun 02, 2016 at 08:38 | Source: PTI
After considering the application, the Executive Committee of the General Insurance Council had recommended to the Insurance Development and Regulatory Authority of India (IRDAI) for granting the exemption.
May 31, 2016 at 21:34 | Source: PTI
Insurance regulator IRDAI has warned Sahara India Life Insurance Co for non compliance of 'Expenses of Management' (EoM) norms, and asked it to bringthe expenditure levels within the limits by 2016-17-end
May 27, 2016 at 21:38 | Source: PTI
As per the scheme of arrangement, the existing operating businesses--Lending, Health Insurance and Capital markets will be listed as three separate entities.
May 18, 2016 at 17:08 | Source: PTI
Revised IPO guidelines will be issued soon for insurers as some of them are keep to tap this route, regulator IRDAI Chairman T S Vijayan said on May 18 while pegging the total foreign investment in sector at Rs 15,000 crore in the last one year due to increase in FDI limit
May 03, 2016 at 12:32 | Source: Reuters
The acquisition, which takes Aviva's stake to 49 percent, followed a recent regulatory change in India. It will have a neutral impact on Aviva's net assets, the company said in a statement.