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News
Indian Bank Plans Entry Into Life Insurance And Mutual Fund Sector
20+ hour, 10+ min ago (289+ words) Whalesbook Indian Bank is accelerating its diversification strategy by initiating plans to enter the life insurance and mutual fund, or asset management, sectors Management, led by Managing Director and CEO Binod Kumar, has confirmed that the lender is currently preparing…...
ICICI Prudential Life: Tax Demand Upheld
4+ day, 23+ min ago (214+ words) by ₹37.5 Crore Order InvestyWise ICICI Prudential Life: Tax Demand Upheld by ₹37.5 Crore Order ICICI Prudential Life Insurance Company Limited has received an order from the Additional Commissioner (Mumbai Central) dismissing its appeal and upholding a tax demand. The total demand,…...
ICICI Bank Buys Additional 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 3+ day ago (516+ words) The step is taken as a prominent financial services company attempts to enhance its footprint in the insurance industry through more ownership. The recent deal was finalized through several transactions in the last couple of weeks and has been made…...
ICICI Bank Completes Purchase Of 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 4+ day ago (183+ words) ICICI Bank has finalized the purchase of a 2% stake in ICICI Prudential Life for ₹1,470 crore through a stock exchange transaction. The move raises ICICI Bank's stake to approximately 52.8%, securing its majority control as promoter structure undergoes regulatory reclassification. The acquisition…...
ICICI Bank Increases ICICI Prudential Life Stake to 52.8%
1+ week, 4+ day ago (204+ words) ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance InvestyWise ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance ICICI Bank Limited has announced the completion of acquiring an additional 2.00% stake in its subsidiary, ICICI Prudential Life Insurance Company Limited....
ICICI Prudential Life Insurance Share Price rises 3.21%
2+ week, 4+ day ago (614+ words) ICICI Prudential Life Insurance Company Ltd. (ICICIPRULI) rose to Rs 524.3 from the previous close of Rs 508, a move of Rs 16.3 or 3.21%. The stock opened at Rs 514.65, reached a high of Rs 525.5, recorded a low of Rs 511.95. For investors scanning Stocks…...
ICICI Prudential Life: ₹3,647 Crore Tax Demand Upheld
3+ week, 2+ day ago (154+ words) ICICI Prudential Life: Tax Demand of ₹3,647 Crore Upheld by Appeals Commissioner InvestyWise ICICI Prudential Life: Tax Demand of ₹3,647 Crore Upheld by Appeals Commissioner Tax Appeal Dismissed, Demand Upheld The total tax demand that has been upheld amounts to ₹3,647,279,080. This figure…...
ICICI Prudential Life Insurance seeks shareholder nod to change name to ICICI Life Insurance
3+ week, 3+ day ago (278+ words) ICICI Prudential Life Insurance is seeking shareholder approval via postal ballot to change its name to ICICI Life Insurance Limited. This follows a re-classification of its promoter, Prudential, to an investor under new IRDAI rules. ICICI Prudential Life Insurance Company…...
ICICI Prudential Life Insurance Registers A 60.7% YoY Growth In Term Plan Business In Telangana In Q1-FY2027
3+ week, 4+ day ago (311+ words) Hyderabad: The Company has registered a strong 60.7% year-on-year growth in Q1-FY2027 for the term plan (retail protection) business in Telangana. The Company covered 6,56,032 lives in the State as on March 31, 2026. The Company is also receiving strong demand in its savings business…...
Prudential gets CCI nod to acquire 75 pc stake in Bharti Life Insurance
3+ week, 5+ day ago (336+ words) The Economic Times New Delhi, Fair trade regulator CCI on Tuesday cleared the proposal of Prudential Corporation Holdings, an arm of UK-based financial giant Prudential plc, to acquire a stake in Bharti Life Insurance Company Ltd The proposed combination envisages…...