IRDA should have applied the principles of proportionality before resorting to such extreme measures of transfer, merger or winding up of an insurance business altogether
2 min read12 Jan 2018IRDA says its order on merger of Sahara Life Insurance and ICICI Prudential was the culmination of a two-year process and not a shotgun marriage
3 min read8 Aug 2017The tribunal has asked Irdai to respond in the matter by 4 August and the issue will be taken up for final hearing on 7 August
3 min read1 Aug 2017SAT fixed the next hearing in the matter on 7 August when it will decide on the maintainability of the petition filed by Sahara Life against the IRDAI order
1 min read31 Jul 2017ICICI Prudential taking over Sahara Life Insurance will not affect those who have insurance policies with the latter
5 min read6 Jul 2017The transfer of Sahara Life's business to ICICI Prudential should be completed in a couple of months, says an Irdai member
3 min read5 Jul 2017IRDA has identified LIC, ICICI Prudential, HDFC Standard Life, Bajaj Allianz, Kotak Mahindra and SBI Life as potential candidates to take over Sahara Life's business
3 min read29 Jun 2017IRDA takes over the management of Sahara Life Insurance, saying that the Subrata Roy firm was 'acting in a manner' prejudicial to the interest of subscribers
1 min read12 Jun 2017Top of the Mind Ad Survey | A deluge of celebrities
6 min read27 Jul 2008The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared