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DHFL GENERAL INSURANCE
IRDAI proposes flexible lock-in period for investors in insurance companiesEarlier, the IRDAI prescribed lock-ins based on the age of the insurer, with waivers granted only in extraneous situations. In certain case...- Lenders not in favour of all bids offered for Reliance CapitalFor the financial services business, the Reserve Bank of India (RBI) has special powers under section 227 of the IBC to refer companies to ...
- Reliance Capital lenders to meet on Friday to decide on Challenge MechanismSome bidders have raised concerns with the Administrator about the introduction of this new clause at this late stage of the bidding proces...
- Piramal, Zurich Insurance mull joint bid for Reliance General InsuranceZurich confirmed that it has made a separate offer to acquire a stake in Reliance General Insurance Company as part of the resolution proce...
- Lenders receive 14 resolution proposals for Reliance CapitalThe administrator has verified claims of ₹23,666 crore from financial creditors; the highest is from Life Insurance Corporation of India, f...
- Sachin Bansal firm eyes stake in private life companyIt is not clear whether Navi is looking at buying a stake on its own or as part of a consortium. Sector regulator Irdai’s norms now allow p...
- Sachin Bansal's Navi Technologies eyes stake at private life insurance firmsThe group is understood to have held talks with promoters of Future Generali Life Insurance for a possible acquisition.
- SBI Gen, Premji firm may acquire Future GeneraliMerchant banker UBS has been running the process to find a buyer for Future Group’s stake, but with Generali now wanting to exit, there cou...
- Sachin Bansal buys DHFL General InsuranceFlipkart co-founder Sachin Bansal’s bet on the insurance firm is part of his broader ambition in financial services industry.
- DHFL bankruptcy: Irdai rules out troubles for two insurance arms; asks insurers to write off exposureDHFL Pramerica Life, launched in 2008, is a joint venture between DHFL Investments, a wholly-owned arm of DHFL, and Prudential Internationa...
- Stopped payment to creditors following court orders: DHFLThis clarification has come a day after Congress General Secretary Priyanka Gandhi termed the company a defaulter and slammed the UP govern...
- DHFL's insurance arms solvent, safe: IRDAI chiefTroubled DHFL has two insurance subsidiaries - DHFL Pramerica Life insurance and DHFL General Insurance.
- DHFL uses cash from sale of loans to clear obligationsDHFL raised Rs 350-400 crore collectively by selling loan portfolios.
- Indians buying motor insurance online on the rise, but many don't renew on time: Survey75 percent respondents with lapsed policies bought fresh insurance after facing rap from the traffic police.
- Top mutual funds still have Rs 8,650 crore exposure to DHFL & four group entitiesDHFL stock tanked 8 per cent on Tuesday and another 10 per cent on Wednesday.
- DHFL denies Cobrapost allegations, says at advanced stage of selling non-core assetsThe company on BSE clarified that the company is fully tax compliant.
- Insurance cos to focus on IPOs, consolidation in 2018Incidentally, the IPO chart in this fiscal was topped by insurance firm GIC Re that garnered over Rs 11,176 crore.
- Delhi-based mortgage firm DHFL to expand its footprint in insuranceThe nearly Rs 1 lakh-crore general insurance business has been profitable for many firms, which have been given pricing flexibility by the ...
- DHFL, IFBI and NIIT University sign tripartite MoU to offer PG programme in financial servicesThe MoU was signed by Harshil Mehta, CEO, DHFL; Bimal Jain, President, NIIT IFBI and Suneel Khanna, Vice President, NIIT University.
- DLF exits from insurance biz; sells 74% stake in DLF PramericaDLF said that it has agreed to sell its 74% stake in a life insurance joint venture with US-based Prudential International Insurance Holdin...
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