Last week saw a slew of big-ticket deals in the insurance sector, with the biggest of them being a Rs 24,180 crore ...

Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.

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 ...

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

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) ...

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

Patanjali Ayurved and DS Group have acquired Magma General Insurance from Sanoti Properties for Rs 4,500 crore. The acquisition marks Patanjali's entry into the general insurance sector.

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

Baba Ramdev -owned Patanjali Ayurved has expanded its business footprint by acquiring a majority stake in Magma General Insurance. This strategic move marks Patanjali’s entry into the competitive ...

Magma General Insurance has joined forces with Hyundai India Insurance Broking (HIIB), aiming to offer Magma's motor insurance products across Hyundai's dealer network in India, reported the ...