Adar Poonawalla to sell Magma Insurance stake to Baba Ramdev's Ramdev Patanjali, DS Group
Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.
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 ...
From Sudha Murthy to Nita Ambani: Meet powerful wives of India's top billionaires making their mark
The wives of India's top business tycoons, including Natasha Poonawalla, Sudha Murty, and Nita Ambani, have built remarkable ...
'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 ...
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 ...
Life Insurance International on MSN2d
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, DS Group buy Magma Insurance at Rs 4,500 crore valuation
Magma General Insurance’s board has approved an agreement for Patanjali Ayurved and foundations to acquire a controlling ...
ET Now on MSN3d
Rs 4,500 crore deal! Baba Ramdev’s Patanjali Ayurved, Rajnigandha maker DS Group’s major acquisition update – Details
With the acquisition of Magma General Insurance, Patanjali Ayurved, a manufacturer and marketer of herbal, nature-based ...
Deccan Chronicle3d
Patanjali, DS Group to Acquire Magma General Insurance
Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma ...
BW Businessworld2d
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 ...
Adar Poonawalla to sell Magma Insurance stake to Patanjali Ayurved, DS Group for Rs 4,500 crore
Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla holds 90 percent in Sanoti Properties, one of the entities selling its stake in the general ...