ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...
HDFC Life CEO Vibha Padalkar: 'I focused on what I had, not what I didn’t' and a journey of resilienceHDFC Life CEO Vibha Padalkar’s journey reflects resilience shaped by early family influence and a belief in long-term thinking. After early...
Irdai grants approval to merger of Exide Life into HDFC LifeInsurance sector regulator Irdai has granted final approval to HDFC Life Insurance Company Ltd (HDFC Life) to merge Exide Life into the com...
HDFC Life completes acquisition of Exide Life; to start merger soonHDFC Life said the deal is closed subsequent to receiving all relevant regulatory approvals and it will soon initiate the merger of Exide L...
Exide Industries adds 2% as HDFC Life completes acquisition of Exide LifeExide Industries’ share price rose to a high of Rs 172 as against Rs 168.20 at previous close on the BSE.
Did HDFC Life pay too much a price for Exide Life acquisition?Analysts said smaller life insurance companies are struggling and many of them are up for sale. As there are not many suitors for firms wit...
HDFC Life’s keen to expand reach, open to more M&As, says MD Vibha PadalkarHDFC Life agreed to buy Exide Life for ₹6,687 crore on Friday, marking one of the largest consolidations in the life insurance industry in ...
Exide Life acquisition ticks every box, happy to go ahead with it: Vibha Padalkar, HDFC Life"Exide Life is very strong in its agency channel as well as in some of the partnerships. Hence, that is complementary to our business. It i...
Exide Industries stock may be up for rerating after HDFC Life dealInvestec Securities says that investment in the non-related life insurance business was one of the major sticking points with investors in ...
HDFC Life acquires Exide Life in stock and cash deal worth Rs 6,687 croreThe subsequent merger of Exide Life will see the firm’s promoter get a 4.1% stake in HDFC Life.
Exide Life targets 30 pc growth in new biz premium this fiscal; to focus on protection, rider plans"Last year when the pandemic hit and afterwards people got used to dealing with the new normal, we found that we had an improvement in cust...
Exide Life Insurance launches a cover for heart and cancer conditionsExide Life Insurance has launched 'Exide Life Sanjeevani', a comprehensive health cover for heart and cancer related conditions.
Mahendra Singh Dhoni becomes brand ambassador of Exide Life Insurance"Dhoni is the perfect brand ambassador for the company as he is Dependable, Dynamic, Responsive and Foresighted," a press release stated.
Exide Life Insurance launches Exide Life Star Saver, a savings-cum-insurance planExide Life Insurance launches a savings-cum-insurance plan with a limited premium payment term of 5 years, while providing coverage for 10,...
Exide Life posts 23% rise in FY15 profit, hopes to grow fasterPosting a 23 per cent growth in net profit for 2014-15, private insurer Exide Life Insurance today said it is poised to deliver more than t...
Exide Life Insurance launches plan with guaranteed returnsPrivate insurer Exide Life Insurance launches Assured Gain Plus, which is a traditional plan offering guaranteed benefits and returns on in...
ING Vysya Life Insurance becomes Exide Life InsuranceIn 2013-14, Exide Life Insurance recorded doubling in profits to Rs 53 crore driven by growth in renewal premiums and improvements in effic...