The company has acquired a majority stake in Magma General Insurance, alongside the Adar Poonawalla-backed DS Group for a ...

Yoga Guru Ramdev-led Patanjali Ayurved and Rajnigandha maker Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Properties LLP at a valuation of ₹4,500 crore ...

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

Patanjali Ayurved Ltd, known for its herbal and nature-based products, along with Dharampal Satyapal Group, is making a significant move into the insurance sector by acquiring Magma General ...

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

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 ...

Patanjali Ayurved, an Indian consumer goods company owned by Baba Ramdev, has entered the insurance sector, CNBC-TV18 reported. The company has purchased a majority stake in Magma General Insurance.

Magma General Insurance could benefit immensely from our ability to infuse growth capital, huge distribution strength including access to rural markets as Patanjali Ayurved products are available ...

Patanjali Ayurved Ltd and DS Group have teamed up to enter India’s insurance sector with the acquisition of Magma General Insurance Ltd from Adar Poonawalla-owned Sanoti Properties LLP and other ...

Sanoti Properties LLP, owned by Adar Poonawalla, has approved the sale of its insurance subsidiary, Magma General Insurance Limited (formerly Magma HDI General Insurance Company Limited), to ...