Current Affairs

GK MCQs Section
Q. National Company Law Tribunal (NCLT) approved the merger of Exide Life Insurance with which major insurance company?
Answer: HDFC Life Insurance
Notes: Company Law Tribunal (NCLT) recently approved the merger of Exide Life Insurance with HDFC Life Insurance. Earlier this year, HDFC Life had announced acquisition of 100 per cent stake in Exide Life from its parent Exide Industries. The amalgamation is subject to the final approval of the Insurance Regulatory and Development Authority of India (IRDAI).
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