HDFC Bank to buy Rs 1,906 cr stake in group firm HDFC ERGO General InsuranceHDFC is the promoter and related party of the bank.
19 Jun, 2021, 07.36 PM IST
HDFC Bank to buy stake worth over Rs 1,906 crore in group's general insurer from parentThe purchase is to happen at a price determined on an independent evaluation report, subject to receipt of necessary approvals including re...
19 Jun, 2021, 07.20 PM IST
HDFC to off-load 0.62% stake in general insurance subsidiaryHDFC has entered into a share purchase agreement for sale of 44,12,000 equity shares of Rs 10 each, representing 0.62 per cent of the issue...
09 May, 2021, 09.30 AM IST
Non-life biz to expand: HDFC ErgoIndia is expected to see a significant jump in insurance penetration during the current fiscal and is projected to leapfrog in global ranki...
18 Mar, 2021, 08.29 AM IST
Irdai gives final nod for merger of HDFC ERGO Health with HDFC ERGO General InsuranceIn late September, the National Company Law Tribunal, Mumbai had okayed the scheme of amalgamation between HDFC ERGO Health Insurance (form...
12 Nov, 2020, 04.21 PM IST
Here’s why HDFC Ltd.’s acquisition of Apollo Munich is a ‘good news’ for those who seek health insurance13 Mar, 2020, 05.25 PM IST
HDFC ERGO Health to merge with HDFC ERGO through share swapIt will lead to dissolution of HDFC Ergo Health without winding up.
16 Jan, 2020, 03.45 PM IST
HDFC, subsidiary get approvals for acquiring majority stake in Apollo MunichHDFC will acquire 50.8 per cent from the Apollo Hospitals group for Rs 1,336 crore and will buy out the 0.4 per cent stake being held by th...
02 Jan, 2020, 03.47 PM IST
Apollo buy to boost HDFC Ergo’s market shareHDFC plans to complete the merger between Apollo Munich Health and HDFC ERGO in 9 months.
21 Jun, 2019, 07.48 AM IST
HDFC buys Apollo Munich Health for Rs 1,347 croreHDFC will acquire 50.8 percent from the Apollo Hospitals group for Rs 1,337 crore
19 Jun, 2019, 10.13 PM IST
HDFC goes up on Apollo Munich buy buzzHDFC was trading 0.57 per cent up at Rs 1,840 at around 9.40 am (IST).
09 Apr, 2018, 04.02 PM IST
HDFC Ergo raises Rs 350 crore through 10-year NCDsFunds will be used to strengthen solvency margin, which fell to 1.52 times at end of Sept 2016.
14 Jan, 2017, 12.05 AM IST
IRDAI and CCI approve acquisition of L&T General Insurance by HDFC ERGOMukesh Kumar, Executive Director at HDFC ERGO has been appointed as the new Managing Director and CEO of L&T General Insurance.
09 Sep, 2016, 07.17 PM IST
CCI clears HDFC ERGO's acquisition of L&T General InsuranceCCI keeps a tab on unfair business practices across sectors and M&A deals above a certain threshold are required to get its approval.
21 Aug, 2016, 01.12 PM IST
German insurer ERGO may hike stake in HDFC joint ventureThe transaction is at 4.9 times the book value, which stands at Rs 1,000 crore. The company had a share capital of Rs 558 crore as on March...
18 Dec, 2015, 10.25 AM IST
- HDFC plans to list MF arm by this year-end
The housing finance company has been unlocking value from its various arms, the latest being a Rs 202-crore gain from the sale of its gener...
29 Jan, 2008, 05.13 AM IST
- HDFC gets Rs 170-cr brand premium from Ergo
HDFC is understood to have received a premium commitment of Rs 170 crore from German insurer Ergo for the latter’s 26% stake in its non-lif...
14 Nov, 2007, 04.54 AM IST