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Stake dilution in SBI Life to be finalised in 3-4 months

It is believed that the foreign partner is most likely to increase its stake in the leading life insurance firm promoted by the country's largest lender State Bank of India (SBI).

IRDAI seeks suggestions on proposed amendments to its rules

Insurance sector regulator IRDAI has sought public comments on proposed amendments to its existing norms pursuant to the introduction of Insurance Laws (Amendment) Act, 2015.

Smeared with Holi colours, two BJP members asked to leave LS

Two BJP members on Tuesday entered the Lok Sabha chamber with 'gulal' smeared on their faces, prompting the Chair to politely turn them away.

Bupa Insurance to raise stake in Max Bupa to 49%

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Govt to bring bills on Ordinances in Lok Sabha to ensure passage

Unable to get the crucial insurance bill passed in the Rajya Sabha, the government has decided to bring all bills to convert recently promulgated Ordinances into Acts first in the Lok Sabha, where it has absolute majority.

Winter session of Parliament ends; key bills remain pending

Winter session of Parliament ends; key bills remain pending

The Winter session of Parliament, that saw a mix of storm and business, came to a close on Tuesday after passing a number of legislations but some key reform bills, including those on insurance and coal block allocations, remained pending.

Crucial Insurance, Companies Bills to come up in Parliament

With the Lok Sabha already having passed 13 Bills and the Rajya Sabha clearing nine, the ongoing winter session of Parliament is set for good performance in transaction of legislative business.

Efforts on to pass Insurance Bill in winter session: Minister

Government will make all efforts to pass the Insurance Laws (Amendment) Bill in the ongoing winter session of Parliament, Minister of State for Finance J D Seelam said on Friday.

Govt likely to hike FDI cap in insurance today

The Cabinet meeting scheduled on Monday is likely to consider a hike on foreign direct investment (FDI) in insurance sector.

Govt may hike FDI cap in insurance, pension next week

The Cabinet meeting scheduled for Friday to decide on foreign direct investment (FDI) in insurance sector has been deferred to Tuesday.

Budget 2012: Banking and insurance law amendments

Union Finance Minister Pranab Mukherjee proposed amendments to three key banking and insurance laws.