Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...

Patanjali Ayurved and DS Group, the maker of Rajnigandha, will purchase Magma General Insurance from Sanoti Properties LLP ...

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 ...

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 ...

Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma ...

Patanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance ...

Magma General Insurance’s board has approved an agreement for Patanjali Ayurved and foundations to acquire a controlling ...

Sanoti is jointly held by Adar Poonawalla and Rising Sun Holdings Private Limited. Other selling entities include Celica ...

Baba Ramdev -owned Patanjali Ayurved has expanded its business footprint by acquiring a majority stake in Magma General ...

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

HIIB will provide Magma's motor insurance offerings for both private and commercial passenger vehicles at more than 600 ...

Patanjali Ayurved and DS Group have acquired Magma General Insurance from Sanoti Properties for Rs 4,500 crore. The ...