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Insurer HDFC Life surges 19% in trend-defying trading debut

Finance

17 November, 2017

Insurer HDFC Life surges 19% in trend-defying trading debut

HDFC Standard Life Insurance Co Ltd made a spectacular start on the stock exchanges on Friday, gaining almost 19% and ......

HDFC Life's $1.34 bn IPO subscribed nearly five times

Finance

09 November, 2017

HDFC Life's $1.34 bn IPO subscribed nearly five times

The initial public offering (IPO) of HDFC Standard Life Insurance Company Ltd concluded on Thursday with bids nearly five times ......

HDFC Life seeks $9 bn valuation via IPO

Finance

26 October, 2017

HDFC Life seeks $9 bn valuation via IPO

India’s third-largest private sector life insurer HDFC Standard Life Insurance Co is seeking a Rs 58,260.22 crore ($8.96 billion) valuation ......

SBI Life Insurance gains a tad on trading debut after $1.3 bn IPO

Finance

03 October, 2017

SBI Life Insurance gains a tad on trading debut after $1.3 bn IPO

SBI Life Insurance Company Ltd made a positive start on the stock exchanges on Tuesday, with its shares closing 1.1% ......

HDFC, JV partner Standard Life to sell 15% stake in life insurance arm's IPO

Finance

29 July, 2017

HDFC, JV partner Standard Life to sell 15% stake in life insurance arm's IPO

Mortgage lender Housing Development Finance Corporation Ltd and its UK-based joint venture partner Standard Life Plc will sell a total ......

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HDFC Standard Life hires eight merchant banks for IPO

Finance

24 July, 2017

HDFC Standard Life hires eight merchant banks for IPO

HDFC Standard Life Insurance Co Ltd has selected eight investment bankers to arrange its much-anticipated initial public offering after its ......

Insurance regulator nixes planned merger of HDFC Life, Max Life

Finance

08 June, 2017

Insurance regulator nixes planned merger of HDFC Life, Max Life

Billionaire Analjit Singh-promoted Max Financial Services Ltd and mortgage lender Housing Development Finance Corporation may need to revisit the terms ......

Reliance Nippon Life Insurance seeks to acquire peer to expand reach

General

13 February, 2017

Reliance Nippon Life Insurance seeks to acquire peer to expand reach

Reliance Nippon Life Insurance Company Ltd is looking to acquire a peer as part of its strategy to expand its ......

HDFC Life and Max Life merger hits regulatory roadblock

General

14 November, 2016

HDFC Life and Max Life merger hits regulatory roadblock

The Insurance Regulatory and Development Authority of India (IRDAI) has expressed reservations on the planned merger of the life insurance ......

ICICI Prudential Life eyes $7.2 bn valuation in India's first insurance IPO

General

09 September, 2016

ICICI Prudential Life eyes $7.2 bn valuation in India's first insurance IPO

The life insurance unit of ICICI Bank Ltd, India's biggest private-sector lender, is seeking a valuation of as much as ......