Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: articles on VAT and GST in India :: VAT RATES :: ACCOUNTING STANDARDS :: TDS :: empanelment :: ACCOUNTING STANDARD :: VAT Audit
 
 
« Mergers and Acquisitions »
 MCA proposes to halve CCI member strength to three
 Deals of the day-Mergers and acquisitions Aug 17, 2017,
 Bank unions on all-India strike today against consolidation plans
 Is India a more conducive market for mergers than acquisitions?
 Decoding The Merger And Acquisitions Trends In Indian Startup Ecosystem
 India witnesses high level of merger and acquisition in online food delivery start-up space
 Financial services ripe for mergers and acquisitions
 Telecom M&As mean better spectrum utilisation, services: Govt
 Vodafone India-Idea Cellular merger deal gets CCI nod
 Surge in due diligence activity brings flood of business to big four
 As Reliance rolls out Jio Phone for 'free', mergers among smaller telcos may accelerate

M&A, public offer guidelines
July, 11th 2009

The Insurance Regulatory and Development Authority (Irda) is likely to finalise the guidelines for mergers and acquisitions (M&As) of insurance companies in the next two months and is also looking to frame rules for public issue of shares by insurers, its chairman J Hari Narayan said on the sidelines of a health insurance conference on Friday.

Currently, there are no specific guidelines for M&As in the insurance space in India. The new norms would encourage consolidation in the sector.

We are working on some M&A guidelines that will be finalised in the next couple of months, said Mr Narayan on the sidelines of a conference organised by industry body Ficci. He added that the regulator is also looking to frame rules for insurance firms to float initial public offer (IPO) of shares to raise capital. Insurance is a capital-intensive sector and has huge fund requirements.

Asked about reduction in charges of unit-linked insurance plans (Ulips), Mr Narayan replied, We have not taken any view at this point of time. Whatever would be best in the interest of policyholders and insurance companies will be done.

Insurance was opened to private sector investments in 1999. Currently, there are 22 life insurers and 21 general insurance firms in the country. Life insurance is dominated by public sector behemoth Life Insurance Corporation of India (LIC) while the biggest player in the general insurance category is New India Assurance.

Besides, there is a string of private sector firmsmany of them joint ventures with international insurance firms. Consolidation will lead to fewer but stronger players in the country.

As per Irda data, the life insurance industry clocked Rs 8,652 crore during April-May this fiscal in first-time premium collection while sales in the non-life business stood at Rs 6,226 crore.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions