Tag
Insurance
32 articles
MFSL Subsidiary Axis Max Life Appoints Sanjay Vij as Director
Axis Max Life Insurance appoints Sanjay Vij as an Additional Independent Director for a 5-year term, effective April 6, 2026.
He replaces Rajesh Khanna, who retires as Independent Director on April 5,
Supreme Court Admits Aziz Wallpaper's Special Leave Petition
The Supreme Court admitted a special leave petition filed by Aziz Wallpaper against the National Insurance Company.
The Court issued notice to the respondents, returnable within six weeks, without gra
HDFC Life Board Meet April 16 for Q4FY26 Results
HDFC Life Insurance schedules Board meeting on April 16, 2026 to approve Q4/FY26 audited financial results.
Board will also consider recommendation of final dividend for financial year ending March 31
Piramal Finance Completes Shriram Life Insurance Stake Sale
Piramal Finance Limited completed the sale of its entire equity stake in Shriram Life Insurance Company Limited for ₹600 crore.
The transaction was completed on 30th March, 2026 upon receipt of all re
IIRM Holdings Provides Rs.65 Cr Corporate Guarantee
IIRM Holdings India Limited's Board approved a Rs. 65 crore corporate guarantee for wholly-owned subsidiary India Insure's NCD issuance on March 28, 2026.
The guarantee covers principal and interest,
ICICI Prudential Life Q4FY26 Board Meeting April 14
ICICI Prudential Life Insurance schedules Board Meeting on April 14, 2026, to approve Q4 and FY26 audited financials.
The board will also consider recommendation of dividend, if any, for the financial
ICICI Prudential Life Allots 41,918 ESOP Shares
ICICI Prudential Life allotted 41,918 equity shares of ₹10 face value on March 24, 2026 under two ESOP schemes.
40,665 shares allotted under ESOP Scheme (2005) and 1,253 shares under Stock Unit Scheme
GIC Re: Independent Director Vinita Kumari Term Ends
Ms. Vinita Kumari's term as Independent Director of GIC Re concluded on 23rd March 2026.
She ceased to be a Board member effective close of business hours on 23rd March 2026.
Disclosure filed under Re
Business Standard: Market Updates and Corporate Notices
Adani Ports targets 1 billion tonnes of cargo handling by 2030, doubling its current capacity of 500 million tonnes.
Insurance stocks decline due to muted Q4 outlook and potential regulatory changes,
Supreme Court Dismisses Oriental Insurance's SLP
The Supreme Court dismissed the special leave petition filed by The Oriental Insurance Co. Ltd. against a High Court order.
The Court condoned the delay in filing the petition but declined to interfer
Supreme Court Lists Insurance Dispute for Hearing in April 2026
The Supreme Court has scheduled the next hearing for an insurance dispute case for April 24, 2026.
The court directed the respondents to file counter affidavits within one week, with a week for any re
Supreme Court Grants Two Weeks for Withdrawal Application
The Supreme Court of India heard a miscellaneous application in a case between Oriental Insurance Company Ltd and M/s Palanadu Cold Storage.
The court allowed a two-week period for filing an applicati
Go Digit General Insurance Receives Aspiring ESG Rating
Go Digit General Insurance has been assigned an 'Aspiring' ESG rating by NSE Sustainability based on FY2025 public disclosures.
The rating was independently prepared by NSE Sustainability and was not
Supreme Court Orders IndusInd General Insurance to Deposit 50% of Award
The Supreme Court condoned a delay in filing and issued notice in a case between IndusInd General Insurance and Vikas Verma & Ors.
The Court directed the insurance company to deposit 50% of the amount
Supreme Court Grants Time for Counter Affidavit in Insurance Case
The Supreme Court heard a special leave petition in an insurance dispute between Satyendra Singh Yadav and Shriram General Insurance Company.
The court granted the respondents two weeks to file a coun
Supreme Court Dismisses Oriental Insurance SLP
The Supreme Court dismissed a special leave petition filed by The Oriental Insurance Company against a High Court order.
The Court condoned a delay in filing but found no grounds to interfere with the
Supreme Court Issues Notice in Sheel Cold Storage Insurance Dispute
The Supreme Court admitted an appeal and issued notice in a dispute between Sheel Cold Storage and United India Insurance.
The court allowed exemption from filing a certified copy of the impugned judg
Ecofuel Systems Appeals Insurance Dispute to Supreme Court
Supreme Court hears Ecofuel Systems' appeal against National Insurance Company in a consumer dispute case.
Court condones delay in filing and issues notice, giving respondent four weeks to respond.
Ca
SC Issues Notice in ESIC Case After Condoning Delay
The Supreme Court condoned the delay and issued notice in a special leave petition filed by Munna Prasad against ESIC.
The case arises from a High Court order dated 18-11-2025 in WP(C) No. 9748/2017.
Supreme Court Dismisses ICICI Lombard's Delayed SLP
The Supreme Court dismissed ICICI Lombard's Special Leave Petition as time-barred, rejecting its application to condone a 142-day delay in filing.
The court found the cause shown for the 142-day delay
ICICI Lombard Insurance Case Adjourned in Supreme Court
The Supreme Court of India adjourned a special leave petition filed by ICICI Lombard General Insurance after the petitioner's counsel was unwell.
The case, arising from a 2018 Madhya Pradesh High Cour
Supreme Court Hears Condonation of Delay in Insurance Case
The Supreme Court heard a condonation of delay application in a case between an individual and an insurance company.
The court noted the first respondent had filed a counter affidavit and the second r
Supreme Court Dismisses Oriental Insurance's Special Leave Petition
The Supreme Court dismissed Oriental Insurance Company's special leave petition against a High Court order, declining to interfere with the lower court's judgment.
The Court extended the time to compl
Oriental Insurance Co. vs Sarla Devi Supreme Court SLP
The Supreme Court of India heard a Special Leave Petition filed by The Oriental Insurance Company Limited and another party.
The petition challenges a final judgment and order dated September 18, 2025
Supreme Court Admits Delay Condonation Plea in Insurance Dispute
The Supreme Court issued notice on a special leave petition and an application for condonation of delay in an insurance dispute.
The case involves petitioners Mohammad Aabid & Anr. against The New Ind
Supreme Court Sets Aside High Court Order in Insurance Claim
The Supreme Court set aside the Kerala High Court's order that enhanced compensation in a motor accident claim, citing lack of reasoning.
The case is remanded to the High Court for fresh consideration
LIC Receives ₹8,531 Crore Income Tax Demand FY24
LIC received an income tax demand order for FY2023-24 totaling ₹8,576.82 crore in tax and ₹1,754.45 crore in interest.
Disallowances include addition of Interim Bonus as income, Negative Reserve as in
LIC Receives ₹6,100 Cr Income Tax Demand FY2022
LIC received an income tax demand of ₹6,146.71 crore plus interest of ₹953.26 crore for FY 2021-22.
The demand was raised by the Assessment Unit, Income Tax Department, and received on March 25, 2026.
New India Assurance ₹189 Cr Tax Demand AY2023-24
NIACL received an Income Tax assessment order under Section 143(3) for AY 2023-24 on 23rd March 2026.
The order involves disallowances of certain expenses with a total monetary impact of Rs. 1,89,37,0
HDFC Life Income Tax Order ₹45.55 Cr Interest
HDFC Life received an income tax order on March 23, 2026 from ACIT Central Circle 6(2), Mumbai, with interest demand of ₹45.55 crore and nil penalty.
Allegations include misclassification of sharehold
Supreme Court Hears Insurance Dispute Appeal
The Supreme Court admitted a special leave petition in an insurance dispute and called for original records from lower courts.
The insurance dispute involves claimants seeking compensation from Orient
Canara HSBC Life Insurance Postal Ballot Results
Canara HSBC Life Insurance filed postal ballot voting results under Regulation 44 of SEBI LODR on 23rd March 2026.
All 3 resolutions—AoA amendment and two material RPT approvals—passed with requisite