
HDFC Life Insurance shares jump 4%; here’s why
The stock trades near its 52-week high of ₹659.90 touched on June 21, 2023, while it has risen 43% against its 52-week low of ₹457.95 hit on March 16, 2023.
The stock trades near its 52-week high of ₹659.90 touched on June 21, 2023, while it has risen 43% against its 52-week low of ₹457.95 hit on March 16, 2023.
Finance Minister Nirmala Sitharaman reduced the tax exemption limit on high-value insurance policies.
Abrdn Plc, previously known as Standard Life, was expected to sell 4.3 crore shares in the company through a block deal at a price band of ₹564-578.5 apiece.
The Sensex and Nifty are poised to rise, in line with global peers and strong trends on SGX Nifty futures.
HDFC Life covered 5.4 crore customers in FY22, registering an increase of 36% over FY21, and settled close to 3.9 lakh claims during FY22.
The managing director and CEO, HDFC Life, resists the idea of being called a woman CEO. However, she believes that we have to start somewhere.
After Amitabh Chaudhry’s resignation and subsequent appointment as incoming MD and CEO of Axis Bank, Padalkar’s name had emerged as the frontrunner for the top job at HDFC Life.
Chaudhry, who oversaw HDFC Life’s bumper IPO, will take over the reins from Shikha Sharma from January 1, 2019.