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

India’s Patanjali Ayurved and the Dharampal Satyapal Group (DS Group) have agreed to acquire a controlling stake in Magma General Insurance for approximately Rs45bn ($517.5m). A share purchase ...

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

Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile Magma HDI General Insurance Company), along with Celica Developers and ...

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 -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 ...

Yoga guru Baba Ramdev’s Patanjali is foraying into insurance sector as billionaire Adar Poonawalla’s Sanoti Properties has ...

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.

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 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 ...

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