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HDFC Life completes acquisition of Exide Life; merger to take place shortly

HDFC Life completes acquisition of Exide Life; merger to take place shortly

by AIP Online Bureau | Jan 1, 2022 | Indian News, Life

Vibha Padalkar, MD & CEO, HDFC Life HDFC Life completed the acquisition of 100% stake in Exide Life from Exide Industries through issuance of 8,70,22,222 shares at an issue price of Rs. 685 per share and a cash payout of Rs. 726 crore,aggregating to Rs. 6,687...
Covid cannot impede India’s development: PM Modi

Covid cannot impede India’s development: PM Modi

by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News, Pandemic

Prime Minister Narendra Modi Experts opined that the economy is expected to see a strong recovery in the coming months and even go past the pre-COVID levels unless the pandemic plays spoilsport.In the 2021 April-June quarter, the economy recorded a whopping 20.1...
. “If we end inequity, we end the pandemic in 2022″

. “If we end inequity, we end the pandemic in 2022″

by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

Tedros Adhanom Ghebreyesus,Director-General,World Health Organisation Highlighting that COVID-19 is not the only health threat the world’s people will face next year, he said, millions of people have missed out on routine vaccination, services for family...

Irdai directs Go Digit to withdraw product offering life insurance benefits

by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

The matter relates to modification in the Digit Group Total Protect Policy by the insurer in July this year, under which one additional section by name of ‘Major Illness Plus Cover’ was incorporated in the policy Hyderabad: Insurance sector regulator Irdai...

Ascending aviation sector in India

by AIP Online Bureau | Jan 1, 2022 | Eco/Invest/Demography, Indian News

Out of which, 395 routes connecting 63 unserved and underserved airports including six heliports and two water aerodromes have been operationalised The Ministry of Civil Aviation has set a target of operationalising as many as 100 unserved and underserved airports and...
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