In a significant shift, Allianz plans to exit its joint ventures with Bajaj Finserv in life and non-life insurance after a two-decade-long collaboration. Holding a 26% stake, the German insurer seeks new opportunities in India’s market. In the event of a departure, options include buyout by Bajaj or divestment through an IPO.
Related Posts
Stock market investors take note! 3 changes in transaction charges, STT, buyback taxation from October 1, 2024 you should know
From October 1, 2024, Indian stock market investors will encounter revised transaction fees from BSE and NSE, increased securities transaction tax on futures and options […]
Sebi flags ‘pump & dump’ risk amid SME IPO frenzy
Sebi has warned investors about fraudulent practices by promoters of SMEs, who artificially inflate stock prices through misleading information and corporate actions, then sell their […]
Budget gives broadband boost to education spectrum
- staff
- February 1, 2025
- 0
Finance minister Nirmala Sitharaman announced increased funding for the education sector, focusing on improving rural broadband connectivity and expanding infrastructure for IITs. Over the next […]