The biggest among them is the Bajaj Group's acquisition of Allianz's stake in their two insurance joint ventures for Rs ...

India’s Patanjali Ayurved and the Dharampal Satyapal Group (DS Group) have agreed to acquire a controlling stake in Magma ...

Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...

Patanjali Ayurved and DS Group, the maker of Rajnigandha, will purchase Magma General Insurance from Sanoti Properties LLP ...

Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma ...

Magma General Insurance, with presence across motor, health, property, and other commercial lines, reported a gross written premium (GWP) of Rs 3,295 crore in 2023-24 (FY24) ...

Baba Ramdev-led Patanjali Ayurved and DS Group to acquire a 98% stake in Magma General Insurance, marking a major foray into ...

Patanjali Ayurved acquires Magma General Insurance for ₹4,500 crore, expanding into financial services for India's ...

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 ...

India's insurance sector is undergoing significant changes with policy shifts and new alliances. Allianz SE has ended its JV ...

Patanjali Group enters the insurance sector, will buy Magma General Insurance, deal will be done at a valuation of ₹4500 Cr, ...