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HDFC LIFE CONTROVERSY
NSE IPO: 7 PSU shareholders to offload 8 crore shares in mega public offerSeven government-owned entities, including State Bank of India and Bank of Baroda, will sell stakes in the National Stock Exchange through ...- Govt defers restrictions on common directorships across insurers, banksMost large life and general insurers in India are promoted by banks and have nominee directors drawn from their promoter banks' boards or s...
- HDFC Life Insurance faces data breach, assessing potential impactHDFC Life Insurance announced on Monday that it had received customer data from an unknown source with "mala fide intent." The company did ...
- Guidelines relaxed for naming IDBI Bank valuerET had reported on September 7 that the government's request for proposal (RFP) to appoint an asset valuer for IDBI Bank had made it mandat...
- Deepak Parekh bids adieu: Why the man who built HDFC never owned more than 1% of itThe filial relations as a metaphor have been on Parekh's mind. Last year, while announcing the plan to merge HDFC with its bank, Parekh had...
- Deepak Parekh signs off: Looking back at an industry icon's extraordinary career“It is my time to hang my boots with both anticipation and hope for the future," Parekh wrote to HDFC shareholders for the last time as cha...
- Red Alert! 136 stocks on Nifty 500 hit 52-wk lows since Dec; RIL, Adani cos in listVolatility in the market is expected to remain in the near term as Dalal Street will eagerly await the US Federal Reserve’s monetary policy...
- Aditya Puri: A stickler who ensured a lot doesn't happen over coffeeWhile heading a foreign bank's operations in Malaysia in the early 1990s, Puri got an offer from Deepak Parekh of mortgage major HDFC to co...
- Subhash Chandra reiterates commitment to repay all debtors in fullEssel group is confident to complete repayment towards each and every lender, the group said in a statement.
- Stock market update: Private bank stocks down; ICICI Bank top loserThe Nifty Private Bank was trading 0.33 per cent down at 14,939 around 10:40 am.
- MFs bought ICICI Bank in March when shares fell sharplyThe loan controversy had an impact on the initial public offering of ICICI Securities, which closed with a 78 per cent subscription on Marc...
- SBI chief Arundhati Bhattacharya wants teaser loans back, ICICI Bank differsTeaser home loans are offered at a fixed low rate of interest in initial years and are then adjusted to a higher floating rate for the rema...
- Insurers eye billions of dollars as Parliament clears Insurance Amendment Bill"This is a positive development which will bring the much-needed investments for the growth of the insurance industry," Sunil Bharti Mittal...
- New year: Seven jobs in finance up for grabs in 2013TS Vijayan, DK Mehrotra, R Chandrasekhar and petroleum secretary GC Chaturvedi are candidates who may succeed Hari Narayan.
- Goldman Sachs missed EPFO bid due to fogThis time, EPFO wants to proceed with 'abundant' caution. After the CVC clearance comes in, a meeting would be held with all bidders for te...
- ‘Public interest is important, so is privacy of individuals’Most of those from the India Inc are of the opinion that the leaked conversations might serve the public interest in curbing corruption but...
- IRDA to decide course of action on ULIP issue in 2 daysInsurance regulator IRDA on Tuesday said it will decide its future course of action on the ULIP controversy in the next two days keeping in...
- ULIP spat unlikely to impact equity mkt: AnalystsAnalysts said the spat between the two regulators on ULIP is not new and equity mkt would not be affected.
- ICICI Bank, HDFC await clarity on FDI formulaICICI Bank and HDFC, are hoping that the government will clarify on Monday whether they will be reckoned as Indian entities for FDI purpose.
- Controversy could check the pace of further reformsIt took the Employees Provident Fund Organisation (EPFO) a lot of convincing and efforts to finally entrust the task of managing part of it...
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