HDFC group topples Tatas to become most valuable business house in country; retains top spot among brands
HDFC earned top spot, having built a reputation for its sustainable livelihood initiative, by introducing smaller loans worth as little as $175 that can be accessed through its bank branches,
HDFC Life board to meet on 12 September to consider appointment of new MD, CEO after resignation of Amitabh Chaudhry
In a filing to the stock exchanges, HDFC Standard Life said Chaudhry, Managing Director & CEO of the company, has tendered his resignation.
Deepak Parekh-led financial services conglomerate HDFC group on Tuesday saw the market capitalisation of its listed firms cross Rs 10 lakh crore mark, making it only the second Indian business house after Tatas to achieve this feat
In terms of equity volume, 214.13 lakh shares of HDFC Standard Life company were traded on BSE
At NSE, HDFC Standard Life listed at Rs 310, reflecting a gain of 6.89 percent.
The promoter entities - ICICI Bank and Farifax Holdings -- will dilute their holdings by close to 19 percent through a public offer
Reliance General Insurance is expected to list during the ongoing fiscal
Moving a step closer to form the country's biggest private sector life insurer, the board of HDFC today approved the merger of Max Life and Max Financial Services with its insurance arm HDFC Standard Life Insurance Company
Max Financial Services said the agreement provides for a mutually agreed exclusivity period for due diligence and discussions between the parties in relation to the proposed transaction
There has been an increase in the number of complaints against insurance companies, especially private insurance companies, as per the Irda data.<br />
Anil Nadkarni, senior vice president-ERP, HDFC Standard Life Insurance, gives a quick take on where the company is headed with the deployment of SAP solutions.
The SAP deployment is expected to improve data accuracy and eliminate manual processes.