Bill to raise FDI limit in insurance sector passed in Rajya Sabha
The bill, which will now go to the Lok Sabha for approval, was passed by voice vote after opposition Congress and other parties staged a walkout in protest of the bill.
Mar 18, 2021, 20:18 PM ISTCabinet approves insurance bill; RS may take up next week
The Cabinet, headed by Prime Minister Narendra Modi, approved incorporation of amendments suggested by a Parliamentary select panel in the Insurance Laws (Amendment) Bill, 2008.
Dec 10, 2014, 21:30 PM ISTParliamentary Committee report on insurance pitches for 49% foreign investment cap
At present, a limit of 26 percent is allowed only through the FDI route.
Dec 10, 2014, 12:11 PM ISTPanel favours 49% FDI in insurance; report to be presented in Parl Wednesday
The report of the 15-member Parliamentary committee on the Insurance Amendment Bill, held up for nearly six years, is likely to be placed before the Rajya Sabha Wednesday.
Dec 09, 2014, 20:08 PM ISTNo plan of tapping capital market at moment:Bajaj Allianz Life
At present, Allianz of Germany holds 26 percent stake in the insurance firm.
Nov 28, 2014, 17:38 PM ISTInsurance bill on government agenda for Parliament session
The government has an ambitious legislative agenda for the winter session with a slew of bills slated to be tabled.
Nov 23, 2014, 18:17 PM IST