IRDA
Finance
Manipal Group picks up stake in Cigna TTK to enter insurance sector
Manipal Group, which operates hospitals and educational institutions, is entering the insurance sector by picking up a stake in Cigna ......
General
PE firms may get to become promoters of insurers; Air Pegasus raises funds
The Insurance Regulatory and Development Authority has cleared a proposal allowing private equity firms to become promoters of insurance companies ......
TMT
Flipkart to start selling insurance products in services push
Homegrown e-commerce major Flipkart will sell insurance products on its platform, filings with the Registrar of Companies show.Flipkart will initially ......
Finance
HDFC Life opts for IPO after merger with Max red-flagged
The board of HDFC Standard Life Insurance Co. Ltd (HDFC Life), a joint venture between mortgage lender HDFC Ltd and ......
TMT
CarDekho set to enter motor insurance broking, gets licence
Jaipur-based Girnar Software Pvt. Ltd, which owns auto classifieds portals CarDekho, ZigWheels and Gaadi.com, has received a licence from Insurance ......
General
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 ......
General
Insurance firms can now park money in PE funds
Insurance Regulatory and Development Authority (IRDA) has opened the door for life insurance and general insurance companies to invest in ......
General
IRDA to meet Finance Ministry to exempt tax on pension products
The Insurance Regulatory and Development Authority (IRDA) would be approaching the finance ministry on Wednesday to allow investments made by ......
General
Max India to buy back Axis Bank's stake in insurance arm for up to $73M
Analjit Singh-led Max India plans to buy back the stake held by Axis Bank in Max New York Life Insurance ......