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In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...
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HDFC formed this general insurance company with ERGO Insurance Group. HDFC held 50.5% and ERGO held 26% of the shares. By the end of September 2013, its market share in general insurance stood at 4.1% (overall) in terms of gross gross direct premium in first half year of FY 2013–14. [15]
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
Singapore Airlines (abbreviation: SIA or SQ) is the flag carrier of Singapore with its hub located at Changi Airport. The airline is notable for highlighting the Singapore Girl as its central figure in the corporate branding segment and not significantly changing its livery throughout its history. [4]
On 12 December 2012, Singapore Airlines sold its 49% stake in Virgin Atlantic for US$360 million to Delta Air Lines. [ 20 ] In September 2004, the airline entered the low-cost carrier market by establishing Tiger Airways with a 49% stake, in partnership with Indigo Partners (24%); Irelandia Investments, the private investment arm of Tony Ryan ...
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SilkAir Singapore Private Limited, operating as SilkAir, was a Singaporean regional airline with its head office in Changi, Singapore.It was a wholly owned subsidiary of Singapore Airlines and in 2017, operated scheduled passenger services from Singapore to 54 cities in Southeast Asia, the Indian subcontinent, East Asia, and Northern Australia. [2]