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Mera Hauchongba: The Unique Festival of Manipur

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Mera Hauchongba: The Unique Festival of Manipur Mera Hauchongba is a vibrant and significant festival celebrated in Manipur, particularly by the Manipuri Meitei community. This festival, which usually occurs in the month of September or October, holds immense cultural and spiritual importance, showcasing the rich traditions and values of the state. It is a colorful event filled with rituals, music, dance, and a deep sense of community. Significance of Mera Hauchongba The festival of Mera Hauchongba signifies the beginning of the agricultural season and is primarily dedicated to the worship of the deities who safeguard the crops and elders of the community. It is a time for expressing gratitude for the harvest and seeking blessings for a bountiful yield in the upcoming year. The name "Mera Hauchongba" translates to "the coming of the Houchong," referring to the arrival of the new harvest and the joy it brings. Rituals and Celebrations Mera Hauchongba is celebrated wi...
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HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore

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  Private sector life insurer HDFC Life on Friday said it will acquire a 100 per cent stake in Exide Life Insurance   Company for Rs 6,887 crore from Exide Industries Ltd (EIL) and subsequently, it will be merged with HDFC Life, subject to regulatory approvals.  This marks one of the first and the largest acquisitions in the life insurance space, which has 23 private players and one state-owned insurer - Life Insurance Corporation (LIC). Previously, HDFC Life had intended to acquire Max Life but the deal did not go through because of regulatory hurdles. Experts said this deal will, however, is not expected to face any such regulatory hurdles.  Earlier, Reliance Capital, the NBFC arm of the Anil Dhirubhai Ambani Group, had acquired the entire stake in AMP Sanmar from Australian insurer AMP and the Sanmar group in October 2005 for a little over Rs 100 crore. HDFC Life’s proposed acquisition will mark the first acquisition in the past 16 years in the life insurance...
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