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Merchant banks in a spot as rival insurers plan IPOs

Finance

31 May, 2017

Merchant banks in a spot as rival insurers plan IPOs

Two merchant banking firms hired by SBI Life Insurance Company to manage its initial public offering appear to be caught ......

SBI Life Insurance picks eight merchant banks for IPO

Finance

12 May, 2017

SBI Life Insurance picks eight merchant banks for IPO

SBI Life Insurance Co Ltd, a joint venture of State Bank of India and BNP Paribas Cardif, has appointed eight ......

Kotak Mahindra to buy out Old Mutual from insurance JV for $201 mn

Finance

28 April, 2017

Kotak Mahindra to buy out Old Mutual from insurance JV for $201 mn

Kotak Mahindra Bank Ltd has agreed to acquire British partner Old Mutual plc’s 26% stake in their life insurance joint ......

How M&A insurance can be a strategic tool for Indian transactions

General

03 March, 2017

How M&A insurance can be a strategic tool for Indian transactions

M&A transactions are one of the most complex processes undertaken by an organisation, presenting a wide range of potential pitfalls ......

India cabinet approves plan to cut stake in general insurers

General

18 January, 2017

India cabinet approves plan to cut stake in general insurers

The Union cabinet has cleared a plan to list five state-owned general insurance companies on stock exchanges and trim its ......

Top trends to watch out for in banking and financial services

General

06 January, 2017

Top trends to watch out for in banking and financial services

India's banking and financial services companies will brace for new challenges in 2017 as the entry of new types of ......

ICICI Prudential Life makes forgettable debut; stocks slump 11% on issue price

General

29 September, 2016

ICICI Prudential Life makes forgettable debut; stocks slump 11% on issue price

ICICI Prudential Life Insurance Co. Ltd made a disappointing debut on the stock markets on Thursday, with its shares ending ......

India regulator proposes mandatory listing for insurers

General

12 August, 2016

India regulator proposes mandatory listing for insurers

The Insurance Regulatory and Development Authority of India (IRDA) has proposed to make it mandatory for all insurers to go ......

Japan's Dai-ichi Life to raise stake in insurance JV for $80 mn

General

21 June, 2016

Japan's Dai-ichi Life to raise stake in insurance JV for $80 mn

Japan’s Dai-ichi Life Insurance Company Ltd said on Tuesday it has agreed to buy an additional 18% stake in its ......

HDFC, Max Financial in talks to merge life insurance business

General

17 June, 2016

HDFC, Max Financial in talks to merge life insurance business

Housing Development Finance Corporation Ltd and Max Financial Services Ltd have agreed to discuss a possible merger of their life ......