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HDFC to sell 9% stake in HDFC Life to UK firm for over Rs 1700 crore

Last Updated: Friday, August 14, 2015, 23:47

HDFC on Friday said it will sell 9 percent stake in HDFC Life to its British joint venture partner Standard Life for a little over Rs 1,700 crore.

HDFC Ltd declares financial results for quarter ended June 30

Last Updated: Tuesday, July 28, 2015, 23:28

Housing Development Finance Corporation (HDFC) Limited has announced its financial results for the quarter ended June 30 in which the company`s standalone profit after tax stood at Rs. 1,361 crore.

HDFC Life listing only after Standard Life stake hike

Last Updated: Wednesday, April 29, 2015, 23:22

A senior official of mortgage lender HDFC said Wednesday that a decision to list its life insurance arm, HDFC Life, will be taken only after its joint venture partner Standard Life hikes its stake in the company.

HDFC Life to sell shares to Premji trust for about Rs 199 cr

Last Updated: Monday, December 22, 2014, 17:41

The shares to be sold, represent 0.95 percent of the total issued and paid-up equity capital of HDFC Life.

HDFC Life to launch 21 ULIPs, traditional plans by Jan 2014

Last Updated: Thursday, December 19, 2013, 17:21

Private insurer HDFC Life on Thursday 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 by the IRDA.

HDFC Life launches two traditional pension plans

Last Updated: Thursday, July 4, 2013, 15:30

HDFC Life launched two traditional pension plans - Personal Pension Plus, a participating plan - and Guaranteed Pension Plan - a non-participating plan.

HDFC Life launches ClassicAssure Plus

Last Updated: Thursday, June 6, 2013, 22:11

HDFC Life Thursday launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term and a guaranteed reversionary bonus during the premium payment term.

HDFC Life launches Health Assure Plan

Last Updated: Wednesday, May 15, 2013, 17:33

Private insurer HDFC Life has launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.

HDFC Life FY’13 Net up 66% at Rs 451 crore

Last Updated: Tuesday, May 7, 2013, 21:25

Private general insurer HDFC Life Tuesday reported 66.42 percent growth in net profit at Rs 451 crore in 2012-13, driven by healthy expansion in new business premium and other fronts.

IRDA probing money laundering allegations against insurers

Last Updated: Monday, May 6, 2013, 20:32

Insurance regulator IRDA Monday said it is examining the allegations of money laundering levelled against LIC, Reliance Life, Tata AIA and Birla Sunlife and action will be taken against the guilty at the earliest.

Irda report on money laundering by insurance cos likely next week

Last Updated: Friday, April 12, 2013, 18:47

Insurance regulator Irda Friday said it is likely to finalise report by next week on the allegations of money laundering by three companies - HDFC Life, ICICI Prudential Life and Max Life - following and expose by Cobarapost.

HDFC Life launches single-premium ULIP

Last Updated: Tuesday, August 28, 2012, 19:28

The company will continue to add new products for Wisdom Investor segment.