Regulatory Reliefs Block HDFC-Max Life Merger

The merger between Max Life Insurance and HDFC Life has been blocked by a regulatory imposed by the Insurance Regulatory and Development Authority of India (IRDAI).

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India's Turtle Yogi raises seed funding from Blume Ventures

Bangalore, India-based cloud-based video infrastructure operator Turtle Yogi Technologies raised between $250,000 and $350,000 in a seed funding round led by venture capital firm Blume Ventures, to build on the sales of its flagship product

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Axis, ICICI, HDFC Bank Gets Fined for KYC Violations

The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.

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