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Sunday, October 17, 2021



Exide Industries shares surge 15% on announcement of insurance biz sale to HDFC Life

September 03, 2021 2:39 pm

The scrip surged 14.98 per cent to Rs 204.90 apiece on the National Stock Exchange (NSE), while on the BSE it jumped 13.86 per cent to Rs 202.95 per share.

HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore

September 03, 2021 10:57 am

HDFC Life will acquire 100 per cent stake in Exide Life Insurance from Exide Industries via issuance of 8,70,22,222 shares at an issue price of Rs 685 per share and a cash payout of Rs 726 crore aggregating to Rs 6,687 crore.

Max India calls off merger plan between Max Life & HDFC Life

August 01, 2017 2:40 am

Max India on Monday called off the proposed merger between Max Life and Max Financial Services with HDFC Standard Life Insurance due to inordinate delays.

Three simple steps to a hassle-free insurance claim

January 27, 2014 4:32 am

Most insurance claims are rejected due to non -disclosure of material facts at the time of signing the contract.

HDFC Life launches Health Assure Plan

May 15, 2013 4:42 pm

Plan offers reimbursement of medical expenses incurred in a hospital and is available in two variants.

Private life insurance companies join hands to fight investment fraud via mis-selling

April 24, 2013 3:35 pm

A crackdown is in the offing against spurious calls made by fraudulent agents.

Private life insurers join hands to fight phony investment fraud

April 24, 2013 2:01 pm

As Sebi is continuing its probe,six private insurers have formally filed a complaint with EOW.

Manulife,HDFC Life among bidders for HSBC India insurance arm

April 10, 2013 11:40 am

Winner of auction will get immediate access to about 5,500 branches of the two state-run banks.

Insurance FDI gets mixed reaction from industry players

October 06, 2012 1:01 am

Private sector general insurers are more upbeat than life insurers.