Fdi In Insurance

Currently, the FDI cap for insurance companies is set at 74%. However, the new bill proposes to lift this ceiling entirely, allowing foreign players to enter the market and operate independently, said the report

Viewpoint | Many positives for the insurance sector from the Budget

Increasing the FDI limit for intermediaries, reducing funds requirement for opening branches and providing thrust to local operations are helpful steps

Insurance FDI: Investment logjam continues; no dollars yet

Insurance giants Axa and Standard Life may have announced their intention to hike stake in their Indian insurance ventures, but that's all it is, just intent.

Insurance Bill gives more power to regulator: Panel Member

In an interview to CNBC-TV18, Rajeev Chandrasekhar, Member of Insurance Panel and Rajya Sabha MP, says the rationale behind having higher FDI in insurance is to have better penetration and consumer choice.

RBI to maintain status-quo; like AurionPro, Meghmani: Bodke

According to Ajay Bodke of Prabhudas Lilladher RBI will adopt a more cautious stance and will wait it out till the Union Budget.

How increasing FDI cap will benefit the insurance sector

With the new government‘s stress on reforms, steps taken by IRDA to make insurance more consumer-friendly and India‘s favourable demographic, the future of India‘s insurance industry looks good

Insurance Amendment Bill panel likely to be reconstituted

The new panel will be reconstituted when the Parliament reconvenes around November 24.

Mkt in doldrums, but Ambit Cap says to make money buy now

Head of Equities Saurabh Mukherjea sees the ongoing correction in the market as a buying opportunity. He sees the Sensex touching 23000 level by 2013 end.

FDI in insurance to drive dynamism to industry: Experts

In reaction to the cabinet‘s approval to hike foreign investment ceiling in the insurance sector to 49% from the present 26%, Vibha Padalkar, ED & CFO, HDFC Life and Gautam Mehra, ED, PwC discuss how this will help alleviate the stress in the sector.

Vodafone may take the IPO route in 2013: Analjit Singh

Talks of Vodafone taking the IPO route started arising post the Supreme Court tax verdict and Piramal Healthcare's acquisition of an additional 5.5% stake in Vodafone India.

49% FDI in insurance not valid in 2011: Yashwant Sinha

Defending the Standing Committee’s stance to oppose government's proposal to hike the FDI limit for insurance companies to 49%, chairman Yashwant Sinha said that the insurance companies were first casualties in the sub-prime crisis in the US and handing over control to foreign companies will not be advisable.