August 18, 2026 07:33 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
BJP reshuffles top organisation seven months after Nitin Nabin's elevation | West Bengal STF arrests suspected aide of ISI 'agent' Rana Rauf in Kolkata | ‘Very hopeful’: Indian envoy Dinesh Trivedi breaks silence on PM Tarique Rahman’s proposed India visit | Shehzad Poonawalla doubles down on BJP exit, urges party to accept resignation | Tarapith tragedy: Seven pilgrims killed as hotel goes up in flames before dawn | Bengal STF nabs suspected aide of ISI 'agent' Rana Rauf in Kolkata | After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar

HDFC Life and Max Life likely to form India's biggest private life insurer

| | Jun 17, 2016, at 07:04 pm
Mumbai, Jun 17 (IBNS): Board of Director of HDFC Life, one of the leading life insurance companies in India and Max Life, a leading non-bank promoted life insurer, and Max Financial Services, following their respective board meetings announced on Friday that they have approved entering into a confidentiality, exclusivity and standstill agreement to evaluate potential combination through a merger of Max Life and Max Financial Services into HDFC Life by way of a scheme of arrangement.
The agreement provides for a mutually exclusivity period for due diligence and discussions between the parties in relation to the proposed transaction.
 
If the transaction is successful, then it will create India's biggest private life insurer, media reported. 
# HDFC Life #Max Life

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm