Indian Shares Gain On HDFC Life, Sensex Rises 0.23% To 63,112.55
The shift in the Eid market holiday came after the government of Maharashtra state, where India's financial capital Mumbai is located, changed the date for the holiday late on Monday. The National Stock Exchange also said the expiry date for June futures and options contracts is now revised to June 28 from June 29 earlier.
Jun 27, 2023, 13:40 PM IST
HDFC Life Policyholders Can Now Pay Premiums with NPCI's UPI 123PAY
UPI 123PAY is a payment facility through a pre-defined IVR that enable customers to make financial transactions with or without an internet connection.
Jan 27, 2023, 13:39 PM IST
Buying term insurance plan gets expensive for low-income, non-graduate customers, check how
Buying term insurance plans is all set to become expensive for some customers as a few leading insurance companies have introduced new conditions deciding the premiums of the policies.
Dec 29, 2021, 16:06 PM IST
'Insurance sector undergoing disruptions, trend to accelerate'
Commenting on the performance of the industry, he said the "insurance sector has done well last year. The disintegration of banking reforms in crop insurance has helped both life and non-life insurance sectors".
Sep 24, 2017, 18:02 PM IST
Max Life, HDFC Life 'committed to merger', weighing options
Max India on Thursday said Max Life and HDFC Life remain committed to merger and are evaluating various options after the insurance regulator Irdai again expressed reservations on the deal.
Jun 08, 2017, 11:47 AM IST
Financial sector readies for IPO rush worth over Rs 20,000 crore
The IPO market is heading for a heavy rush with a number of high-profile names including UTI Mutual Fund and SBI Life expected to launch their initial public offers amounting to Rs 20,000 crore in coming months.
May 24, 2017, 15:36 PM IST
Max Life, HDFC Life merger to be completed in 12 months
With Max Financial Services getting merger approval from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.
Sep 29, 2016, 17:55 PM IST
Live Press conference after HDFC Life-Max Life merger | Part-I
00 PM for getting detailed updates!
Aug 09, 2016, 10:20 AM IST
HDFC Life to merge with Max Life, set to become biggest private life insurer
Singalling more consolidation in the cluttered life insurance space, HDFC and Max groups Monday decided to merge their life insurance businesses to create the biggest private life insurer with combine asset base of Rs 1.1 lakh crore in a complex multi-stage share swap deal.
Aug 08, 2016, 23:55 PM IST
HDFC Life IPO likely in mid-2016
Mortgage lender HDFC Monday said it is likely to go for public listing of its life insurance subsidiary in mid-2016 once its joint venture partner Standard Life hikes stake to 35 percent.
Oct 26, 2015, 21:34 PM IST
CCI clears Standard Life's additional stake buy in HDFC Life
The British firm would be increasing its stake to 35 percent from 26 percent as the Indian government has allowed up to 49 percent FDI in the domestic insurance sector.
Oct 15, 2015, 23:26 PM IST
HDFC to sell 9% stake in HDFC Life to UK firm for over Rs 1700 crore
HDFC on Friday said it will sell 9 percent stake in HDFC Life to its British joint venture partner Standard Life for a little over Rs 1,700 crore.
Aug 14, 2015, 23:47 PM IST
HDFC Life listing only after Standard Life stake hike
A senior official of mortgage lender HDFC said Wednesday that a decision to list its life insurance arm, HDFC Life, will be taken only after its joint venture partner Standard Life hikes its stake in the company.
Apr 29, 2015, 23:22 PM IST
HDFC Life to sell shares to Premji trust for about Rs 199 cr
The shares to be sold, represent 0.95 percent of the total issued and paid-up equity capital of HDFC Life.
Dec 22, 2014, 17:41 PM IST
HDFC Life launches Health Assure Plan
Private insurer HDFC Life on Monday launched a health insurance product Health Assure Plan that aims to provide a comprehensive health cover.
Sep 01, 2014, 21:13 PM IST
HDFC Life expects premium growth of 10-15% in FY'15
The company's total premium witnessed 7 percent growth at Rs 12,063 crore in 2013-14, compared to Rs 11,323 crore in the previous fiscal.
Jun 24, 2014, 17:36 PM IST
