The net premium income for HDFC Life Insurance rose by 6 per cent to Rs 15,273 crore in the quarter, while the value of new businesses declined by 2 per cent.
Stating that the input tax credit (ITC) case is an industry-wide issue, HDFC Life said the company will be taking appropriate steps in due course to reply to the show cause notice and contest the matter.
HDFC Life has announced the acquisition of Exide Life Insurance Company for Rs 6,687 crore.
Domestic equity benchmark BSE Sensex rebounded by nearly 300 points in early trade on Wednesday, led by gains in index heavyweights RIL, HDFC and Infosys, amid positive cues from other global markets.
In a statement on Monday, Max Financial Services Ltd, Max India Ltd and Max Life confirmed that the proposed merger with HDFC Life has been called off
The proposed merger will create an insurance behemoth and India’s largest private sector life insurer, second only to state-run Life Insurance Corp. of India
Chennai: Max Life Insurance and Max Financial Services have signed agreements in partnership with HDFC Standard Life Insurance Company Ltd to create the country's biggest private life insurer. However, neither side have disclosed how much
Mumbai: Private insurer HDFC Life today reported a 61 per cent growth in profit to Rs 725.3 crore in 2013-14 from a year earlier.In FY13, profit stood at Rs 451 crore, HDFC Life said. Total
Mumbai: Private insurer HDFC Life today said the company is planning to launch by January 2014 about 21 products, of which 10 will be market-linked and 11 traditional plans, in compliant with new regulations issued
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