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.
Apr 01, 2016 at 16:24 | Source: Moneycontrol.com
Following the receipt of the requisite approvals, the ICICI Bank completed the transfer of the shares in ICICI Lombard General Insurance Company Limited, a subsidiary of the Bank, to its joint venture partner, Fairfax Financial Holdings Limited.
Mar 21, 2016 at 14:22 | Source: PTI
Besides, the proposal of Yes Bank to hike foreign investment limit to 74 percent from existing 41.87 percent without any sub-limits has been referred to the Cabinet Committee on Economic Affairs (CCEA).
Mar 15, 2016 at 15:10 | Source: Moneycontrol.com
Reliance Capital Ltd has informed BSE that a meeting of the Board of Directors of the Company's Subsidiary, Reliance Capital Asset Management Limited ('RCAM') will be held on March 17, 2016, to consider and approve transfer of shares to Nippon Life Insurance Company.
Feb 25, 2016 at 16:22 | Source: Moneycontrol.com
Though there is no hike in exemption limit for senior citizens, a fresh health insurance scheme is announced by finance minister. Also NPS withdrawals to the extent of 40% were made tax free.
Feb 23, 2016 at 09:50 | Source: Moneycontrol.com
Government should take various measures to ensure increased penetration of health insurance in India.
Feb 17, 2016 at 20:27 | Source: Moneycontrol.com
Union Budget 2016 should introduce changes in direct tax, indirect tax to ensure that all stakeholder benefit. Also some tax rules should be amended to improve business functioning.
Feb 04, 2016 at 08:56 | Source: PTI
The company had reported a consolidated net profit of Rs 347 crore in the same period last year. Bajaj Finserv Limited (BFS) is the holding company of Bajaj Finance (BFL), Bajaj Allianz General Insurance (BAGIC) and Bajaj Allianz Life Insurance (BALIC).
Jan 19, 2016 at 17:38 | Source: PTI
The FIPB has also deferred decision on four FDI proposals. These are Quantum Simulators (defence), Sharekhan Limited (NBFC), Tata Sikorsky Aerospace (defence), and Aviva Life Insurance Co India (insurance).