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sahara: SC sets aside SAT stay on Sahara Insurance biz transfer to SBI Life

The Indian Supreme Court has overturned an appellate tribunal s decision to stay an IRDAI order directing Sahara India Life Insurance to transfer its business and accounts to SBI Life Insurance as its financial position deteriorates. The Supreme Court noted the tribunal can hear the application for a stay afresh on 3 August and that Sahara s request will be considered independently and in accordance with the law. ....

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SBI Life to take over Sahara's insurance arm

The Insurance Regulatory and Development Authority of India (IRDAI) has identified SBI Life Insurance Company Ltd (SBI Life) to acquire the business of Sahara India Life Insurance Corporation (SILIC). ....

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SBI Life to acquire business of Sahara's insurance arm : The Tribune India

The Insurance Regulatory and Development Authority of India (IRDAI) has identified SBI Life Insurance Company Limited (SBI Life) to acquire the business of Sahara India Life Insurance Corporation (SILIC). ....

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