Vodafone Cuts Target Price as Vodafone Idea Falls by 4%
Shares of the telecom major Vodafone Idea lost shares over 4 percent in intraday after global research firm CLSA initiated a sell rating on the...
Tag : IRDAI
LIC's Stake Reduction In IDBI Bank Sought By IRDAI
On Monday, IRDAI has sought a proposal from LIC for combining its shareholding with a recently acquired controlling stake in IDBI Bank Ltd. According to...
Former IRDAI Chief Appointed As Additional Director By YES Bank
The former IRDAI and LIC chief, TS Vijayan, has been appointed as Additional Director (Independent) in the YES Bank’s board. The private sector lender released...
Acko receives final license from IRDAI
Acko General Insurance, has received the R3 application and has been granted certificate of registration by Insurance Regulatory and Development Authority of India(IRDAI). It will be...
Irdai lowers third party insurance rates
Irdai, the insurance sector regulator has lowered the motor insurance premium rates in most of the segments such as two-wheelers, cars and trucks by modifying...
IRDAI has approved Edelweiss Financial Services’ general insurance business
Edelweiss Financial Services has said that it has got the regulator IRDAI’s approval to set up a general insurance company. It has said in a...
IRDAI has issued guidelines for share acquisition in insurance companies
IRDAI has issued guidelines for the acquisition of shares in listed insurance companies under that the acquirer will be required to adhere to the fit...
IRDAI has imposed Rs 10 lakh penalty on Max Life Insurance
IRDAI, the insurance sector regulator has imposed a penalty of Rs 10 lakh on Max Life Insurance Company for violating the norms related to outsourcing...
Kotak Mahindra General Insurance receives IRDAI approval to commence biz
On Friday, the Kotak Mahindra General Insurance Company (Kotak General Insurance) said that it has received IRDAI approval to commence business as an insurance company....
V R Iyer has been appointed as Member (Finance) of Irdai
V R Iyer, the retired Chairperson and Managing Director of Bank of India has been appointed as Member (Finance) of the Insurance Regulatory and Development...