Stake dilution in SBI Life to be finalised in 3-4 months

Last Updated: Sunday, May 17, 2015, 15:44

It is believed that the foreign partner is most likely to increase its stake in the leading life insurance firm promoted by the country's largest lender State Bank of India (SBI).

IRDAI seeks suggestions on proposed amendments to its rules

Last Updated: Monday, May 11, 2015, 22:18

Insurance sector regulator IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Act, 2015.

Bupa Insurance to raise stake in Max Bupa to 49%

Last Updated: Monday, January 5, 2015, 13:38

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Crucial Insurance, Companies Bills to come up in Parliament

Last Updated: Sunday, December 14, 2014, 15:18

With the Lok Sabha already having passed 13 Bills and the Rajya Sabha clearing nine, the ongoing winter session of Parliament is set for good performance in transaction of legislative business.

Insurance Bill: 11 members of Select Committee in favour of govt

Last Updated: Monday, December 8, 2014, 17:41

A Select Committee meet on FDI took place on Monday, wherein 11 members, out of the 15 members have said to have agreed to support the government's move.

Efforts on to pass Insurance Bill in winter session: Minister

Last Updated: Friday, December 6, 2013, 15:32

Government will make all efforts to pass the Insurance Laws (Amendment) Bill in the ongoing winter session of Parliament, Minister of State for Finance J D Seelam said on Friday.

Global body pitches for hike in FDI cap in insurance

Last Updated: Wednesday, March 6, 2013, 17:36

Pitching for higher FDI limit in India's insurance sector to 49 percent, a global body of insurers has said the hike will generate more jobs and enhance the country's standing in global financial markets.