IRDAI
General
Grapevine: LIC eyes health insurers; Ola Electric secures Rs 100-crore debt
Life Insurance Corporation of India (LIC), with assets of over Rs 51 trillion ($0.61 trllion) and a 61.5% market share in ......
Finance
Insurers score big win with nod to invest in fund of funds, but conditions apply
The regulator has allowed insurers to invest in fund of funds (FoF) -- with conditions. For instance, the FoFs they are ......
General
Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds
Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......
Finance
Max Financial and Axis Bank agree to tweak insurance deal as regulator turns up heat
Max Financial Services and Axis Bank have agreed to make changes to the value-creation options in their proposed life insurance ......
General
Grapevine: GAIL eyes stake in IGX; Axis Bank's proposed Max Life deal under lens
State-owned GAIL (India) Ltd plans to acquire close to 26% stake as a promoter in India’s first natural gas exchange ......
Finance
VC firms Chiratae, Pravega backing yet-to-be-launched insurance venture
Venture capital firms Chiratae Ventures and Pravega Ventures are among investors who are putting money in a company which is ......
Finance
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 ......
Finance
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 ......
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