GlobalData on MSN12h
India’s Patanjali, DS Group to buy controlling stake in Magma General Insurance
India’s Patanjali Ayurved and the Dharampal Satyapal Group (DS Group) have agreed to acquire a controlling stake in Magma ...
Patanjali Ayurved, DS Group to acquire Magma General Insurance from Adar Poonawala for ₹4,500 crore
Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...
'Jio, LIC and now...': Insurance expert reacts to new players in general insurance sector
Patanjali Ayurved and DS Group, the maker of Rajnigandha, will purchase Magma General Insurance from Sanoti Properties LLP ...
Adar Poonawalla Sells Magma Insurance Stake to Patanjali and DS Group for ₹4,500 Crore
For Adar Poonawalla, this divestment represents a strategic repositioning as he focuses on other ventures within his portfolio. The sale also reflects broader trends of consolidation within India’s ...
BW Businessworld17h
Adar Poonawalla To Sell Magma Insurance Stake To Ramdev Patanjali, DS Group
Adar Poonawalla owned Sanoti Properties LLP approved sale of its insurance subsidiary, Magma General Insurance, along with ...
Apple's iPhone 16e outsells the SE, but may not reverse China sales slide
The iPhone 16e sales were 60% stronger in its opening three days, compared to the iPhone SE from 2022, but China sales are ...
Patanjali celebrates Holi with flowers; Acharya Balkrishna unveils the secret to burning ego
By playing Holi with natural flower petals, the event aimed to spread awareness about the harmful effects of chemical-based ...
Ola Electric deliveries delayed over price renegotiation with vehicle registration agencies: Report
Ola Electric is negotiating for roughly a third of what the vehicle registration agencies charge in a cost-cutting bid.
Bank unions firm announce nationwide strike on March 24-25 as talks with IBA fail
The United Forum of Bank Unions (UFBU) on Thursday said its two-day nationwide strike on March 24 and 25 will be observed as ...