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Hdfc Ergo General Insurance Company

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  • Business

HDFC Bank to acquire 4.99% stake in HDFC ERGO

 Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval......

India's macroeconomic fundamentals strong; recovery underway: Deepak Parekh

 Housing Development Finance Corp (HDFC) chairman Deepak Parekh on Tuesday said that while the country's macroeconomic fundamentals remain strong and the recovery is in progress, the......

HDFC urged to reduce stake in insurance arms

 In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent. Illustration: Dominic Xavier/Rediff.com The Reserve Bank of India (RBI) has asked mortgage......

HDFC to acquire Apollo Munich Health Insurance for Rs 1,347 crore

 The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country.The deal is subject to regulatory approvals and the entire......

Why car insurance cos are seeking more time to comply with SC orders

 At its heart, the issue is more than compliance.It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the......

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