Insurance sector to get lot of foreign investment: Jaitley
With the passage of three key economic legislations in Parliament, Finance Minster Arun Jaitley on Friday exuded confidence that the insurance sector is expected to get a lot of foreign investment.
Mar 20, 2015, 19:24 PM IST
PM faces early resistance in insurance reform push
Jaitley needs the support of the opposition in the 250-member upper house of parliament where his Bharatiya Janata Party (BJP) and its allies have about 60 members.
Aug 05, 2014, 15:51 PM IST
Insurance scrips gain as Cabinet clears FDI to 49%
Shares of companies that run insurance business rose by as much as 4 percent after the Cabinet today gave go-ahead to FDI cap hike in the sector to 49 percent with a rider that management control will remain in the hands of Indian promoters.
Jul 24, 2014, 20:23 PM IST
'Insurance FDI via FIPB reduces regulator's powers'
The central government`s proposal to approve foreign direct investment (FDI) in the insurance sector through the Foreign Investment Promotion Board (FIPB) is seen as clipping the sectoral regulator`s wings and also a face saving measure by the BJP, say insurance officials.
Jul 19, 2014, 14:16 PM IST
Insurance cos to get much-needed capital from higher FDI: Singh
Welcoming the government's proposal to hike FDI ceiling in insurance sector to 49 percent, Fortis Healthcare Executive Chairman Malvinder Mohan Singh on Friday said the move would help insurance firms attract much-needed capital from overseas partners.
Jul 18, 2014, 19:41 PM IST
Raising FDI cap in insurance will spur growth: Irda
Raising FDI cap in the insurance sector will spur growth in this industry, ensuring entry of more players, Insurance Regulatory and Development Authority said on Friday.
Jul 18, 2014, 17:41 PM IST
