HDFC Standard Life Insurance had decided to come out with an IPO, but put on hold its proposed merger with Max Life in absence of regulator...

Move comes even as HDFC Standard Life board approved an IPO proposal to sell 20%.

The two parties have not been able to arrive at a mutually agreeable alternative for the transaction, which the regulator has rejected in i...

The two companies' proposal to merge their insurance units has been rejected by sector regulator Irdai as it involved merger of an insuranc...

In November 2016, the two companies informed exchanges about reservations raised by Irda to accept the amalgamation in the form they had pr...

In November last year, Irdai had posed reservations on the present form of amalgamation of Max Life and HDFC Life into a single entity to c...

"Both the management teams are committed towards merger and this merger is definitely important for both these entities as the combined ent...

Total assets of the company as on March 31, 2017 rose to Rs 46,739.33 crore.

Conflicting signals are emerging on whether the consolidation would happen first or IPO of HDFC Life.

“I have refused to give my opinion on the matter so I have returned the file,” Attorney General Mukul Rohatgi Attorney told ET.

Post Insurance Regulatory and Development Authority of India, both the companies will need approvals from the Securities and Exchange Board...

The proposed merger, announced in August last year, hit a roadblock when Irda objected to the scheme of amalgamation and sought finance min...

The Insurance Regulatory and Development Authority (Irda) had initially rejected the two-way merger in the way the companies had proposed.

IRDA expressed concerns about the deal structure since the last stage of the merger was between a holding company and a life insurance comp...

Insurance Act does not allow merger between an insurance company and a financial services company, said an Irda official.

Max Financial Services, in a filing to stock exchanges, said the regulator has expressed reservations about the scheme of amalgamation in i...

In the final merged entity, HDFC group that includes HDFC, Standard Life and Azim Premji will together have about 60-65% stake.