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HDFC Standard Life Insurance News
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She joined HDFC Life in August 2008 and has been leading the finance, investor relations, legal, secretarial and compliance, internal audit and risk functions.
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At the top of the price band of Rs 290 per share, the promoters were expected to rake in around Rs 8700 crore.
The IPO is offering up to 299,827,818 equity shares of the face value of Rs 10 each.
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"Max Financial Services (MFS), Max India and Max Life today confirmed that the proposed merger with HDFC Life has been called off. The exclusivity agreement with HDFC Life, valid till July 31, 2017, will not be renewed," Max India said in a BSE filing.
HDFC Standard Life Insurance Company will start offering most of its insurance plans online by the end of this financial year, a senior company official said here Thursday.
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