The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of additional shareholding of HDFC Life Insurance Company Limited by Housing Development Finance Corporation Limited.
Mumbai (Maharashtra)/ New Delhi [India], June 16: Cyril Amarchand Mangaldas acted as the Indian legal and tax counsel to abrdn (Mauritius Holdings) 2006 Limited (abrdn) with respect the sale of equity shares of HDFC Life Insurance Company Limited (HDFC Life) by way of sale on the screen-base
New Delhi [India], June 12: Max Life Insurance Company Ltd. ("Max Life" / "Company"), has launched Smart Wealth Advantage Growth Par Plan (UIN - 104N135V01) - A Non-Linked Participating Individual Life Insurance Savings Plan. The plan combines the power of 'Protection, Liquidity, and Flexibi
New Delhi [India], June 7: Max Life Insurance Company Ltd. ("Max Life" / "Company"), stands in solidarity with the people impacted in the Odisha train accident and has extended swift claims support to them and their families. The Company has established a dedicated claims support desk and ap
New Delhi [India], June 1: Max Life Insurance Company Ltd. ("Max Life" / "Company") has announced its highest-ever participating (PAR) bonus of Rs. 1,604 Cr. for its eligible policyholders in FY22-23. This is the Company's 21st consecutive annual bonus; ~8% higher than the bonus declared in
New Delhi [India], May 31: Max Life Insurance Company Ltd. ("Max Life" / "Company") has announced its highest-ever individual Claims Paid Ratio of 99.51 per cent in FY'23. Underlining the ever-increasing customer trust at the most crucial juncture of the insurance relationship, Max Life has
Delhi's Rohini Court has awarded a compensation of Rs Two crore to the family of a government official, who died in a road accident, caused by a high-speed car in Rohini Area in 2019.
Mumbai (Maharashtra) [India], May 19 (ANI/NewsVoir): HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS) has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch i
Delhi's Rohini court has awarded a compensation of Rs 1.54 crore to the parents of a doctor who died in a road accident which occurred after a speeding truck suddenly applied brakes.
Mumbai (Maharashtra) [India], May 16 (ANI/NewsVoir): Raheja QBE General Insurance Company Limited has announced the appointment of Rajeev Dogra as the new Managing Director & Chief Executive Officer following regulatory approval from Insurance Regulatory and Development Authority of Indi
The deceased Raj Paul was engaged as a driver by Chander Kumar on Pickup Jeep. The deceased met with an accident on March 12. The licence of deceased Raj Paul was valid for driving motorcycle, scooter as well as LMV non-transport only
Chennai (Tamil Nadu) [India], May 5 (ANI/NewsVoir): Cholamandalam MS General Insurance Company Ltd (Chola MS), the joint venture between Murugappa Group and Japan's Mitsui Sumitomo insurance group, has ended the financial year FY 2023 with gross written premium (GWP) of Rs 6200 Crore, a grow