The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. “The proposed combination is ...

New Delhi: The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. “The proposed ...

Following the CCI approval, Patanjali Ayurved will assume the role of Magma General Insurance's promoter entity. “The proposed combination is being notified under the green channel route in consonance ...

“The acquirers propose to acquire 98.055 per cent shareholding of the target (Magma General Insurance Ltd) on a fully diluted basis by way of share purchase,” a notice submitted to the CCI ...

“Many lawyers exploit accident victims by making false promises of compensation,” says Thirupathi Pandila, fraud control unit manager at Magma General Insurance Ltd. “They string victims ...

Or DS Group that partnered with Patanjali to buy Magma General Insurance for over half a billion dollars. These are serious sums, and signal a shift. This shift, many analysts argue, indicates ...

New Delhi: The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. "The proposed ...

The Competition Commission of India (CCI) has approved the acquisition of a 98.055% stake in Magma General Insurance by Patanjali Ayurved and five other entities. In addition to Patanjali Ayurved ...

In March, the DS Group and Patanjali Ayurved jointly announced plans to acquire Magma General Insurance from Sanoti Properties LLP at a valuation of ₹4,500 crore. "The decision was more of an ...

The Competition Commission of India (CCI) has cleared a proposal of Patanjali Ayurved and five other entities to acquire a majority stake in Magma General Insurance. “The proposed combination is ...

62,281 equity shares of the Companys Joint Venture with HDI Global SE for General Insurance Business in India named as Magma HDI General Insurance Company Limited and consequently, Magma HDI has ...