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Corporate Global

CtrlS Datacenters partners with Canara HSBC Oriental Bank Of Commerce Life Insurance

CtrlS Datacenters, Asia’s rated-4 hyperscale data center and managed services player has recently collaborated with Canara HSBC Oriental Bank Of Commerce Life Insurance as a strategic technology partner to enhance their overall technology infrastructure resilience by deciding to operate out of one of CtrlS data center facilities thereby supporting and enabling the life insurer’s overall […]

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Corporate

IDBI Bank sells stake in its life insurance arm to Belgian partner for Rs 507 cr

IDBI Bank has completed sale transaction of its 23% stake to Ageas Insurance International JV on December 31, 2020 pursuant to receipt of the requisite regulatory approvals. Pursuant to sale of 23% holding representing 18,40,00,000 shares to Ageas for a consideration of Rs.507.10 crore, IDBI Bank’s shareholding in IFLI now stands at 25% from the […]