Star Health Insurance ordered to pay ₹49 crore in GST to multiple states following alleged non-compliance issues.

The Board will make an announcement by the end of March regarding our acquisition of a significant stake in a leading health insurance company, with myself, as MD and CEO, overseeing the transaction.

by | Mar 22, 2025 | Aditya Birla, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

Life Insurance Corporation of India (LIC) is planning to acquire a stake in a standalone health insurance company by the end of the current financial year, according to Siddhartha Mohanty, the company’s Managing Director and Chief Executive Officer. The decision...
Star Health Insurance ordered to pay ₹49 crore in GST to multiple states following alleged non-compliance issues.

Prudential plc and HCL Group are collaborating on a new health insurance joint venture.

by | Mar 21, 2025 | Bajaj Allianz Life Insurance, ICICI Prudential Life, Insurance, LIC, Niva Bupa, Star Health and Allied Insurance

UK-based Prudential Plc has announced a plan to establish a health insurance joint venture with India’s HCL Group. The new business will have Prudential Group Holdings Limited, a UK subsidiary, holding a 70% stake, while Vama, an HCL Group company, will hold the...
Star Health Insurance ordered to pay ₹49 crore in GST to multiple states following alleged non-compliance issues.

The Life Insurance Corporation (LIC) is poised to acquire a significant stake in a pure health insurer, with an announcement expected by March 31.

by | Mar 19, 2025 | Insurance, LIC, Star Health and Allied Insurance

The Life Insurance Corporation of India (LIC) is close to acquiring a significant stake in a pure health insurance company, according to its Managing Director and CEO, Siddhartha Mohanty. Mohanty stated that the discussions are in the final stages and that he hopes a...