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Patanjali Enters Insurance Sector with IRDAI Approval
Patanjali, known for its ayurveda and consumer goods, has received approval from IRDAI to enter the insurance sector with a Rs 4,500 crore investment. This move marks a significant expansion for the company into financial services.
30 Jul, 07:43 — 30 Jul, 13:24
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indian-expressndtv
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Times of India
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Times of IndiaMostly Factual3h ago
From ayurveda to finance: Patanjali gets IRDAI nod for Rs 4.5Kcr insurance entry
Patanjali Ayurved is set to enter financial services after IRDAI approved its nearly Rs 4,500 crore acquisition of Magma General Insurance.
By PRISHA ROY
Read full article →indian-expressMostly Factual8h ago
How IRDAI’s latest reforms could reshape India’s insurance sector
By George Mathew
Read full article →ndtvMostly Factual9h ago
After Ghee, Soap And Honey, Patanjali Will Now Sell Insurance Too
Under the deal, Patanjali Ayurved will acquire a 73.56 per cent stake in Magma General Insurance, while the DS Group will own 24.5 per cent.
Read full article →Coverage Timeline
First report: ndtv · 30 Jul, 07:43|Full coverage: 3 · 6h|Window: 6h
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