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MAGMA HDI
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...- In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
- Patanjali Ayurveda forays into insurance sector, acquires majority stake in Magma General InsurancePatanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Pr...
- ED imposes ₹80 crore penalty on Magma HDI, 2 former promotersThe Enforcement Directorate (ED) has penalised Magma HDI General Insurance Company and two of its former promoters ₹80 crore for breaching ...
- CCI clears Magma HDI stake sale to MS, ICICI Venture and Poonawalla GroupMagma HDI had in March announced a deal worth Rs 525 crore, including a primary capital raise of Rs 250 crore, involving funds managed by I...
- CCI clears proposed deal to acquire stake in Magma HDI General Insurance by 2 entitiesThe combination contemplates an acquisition of an effective combined interest of less than 25 per cent, on a fully diluted basis, of the sh...
- ICICI Venture, Morgan Stanley PE invest Rs 525 cr in Magma HDIFresh capital infusion of Rs. 250 crore will provide growth capital to meet the needs of the expanding distribution capabilities of the com...
- Magma HDI General Insurance Company ready to insure infertility treatmentMagma HDI General Insurance Company will be the first company to provide insurance cover for infertility treatment of women in India on a s...
- HDI to exit JV with Magma after a five-year marriageMagma HDI General Insurance offers a wide range of products from health to travel to motor insurance.
- Magma may dilute stake in insurance JV from 74% to 51%Krishnan had earlier proposed increasing its gross written premium to Rs 600 crore in FY'15 from Rs 425 crore in last fiscal.
- Magma HDI General Insurance plans pre-paid electronic health cardMagma HDI MD & CEO Swaraj Krishnan said here today that the pre-paid health card was a step forward from the cashless concept.
- Magma HDI plans health insurance biz; to devise new industrial risk productsMagma HDI General Insurance Company is designing new products in the industrial risk cover space and plans to sale health insurance policie...
- Germany's HDI-Gerling pays four times premium for a 26% stake in Magma General InsuranceThe two-way joint venture between HDI and Magma Fincorp will start operation with Rs 208 crore capital while Rs 100 crore is the paid up.
- Retail finance firm Magma Fincorp sets up office in GurgaonBSE listed retail finance firm Magma Fincorp on Monday announced it has set up its 56th office in north India.
- Magma Fincorp hopeful of getting insurance licence next yearThe NBFC and its promoters Celica Developers have entered into a joint venture with Germany's HDI Gerling to form Magma HDI General Insuran...
- Magma Fincorp eyes 20% growth in 2011Non-banking financial company Magma Fincorp today said it will continue to focus on high-yielding segments, like used cars, commercial vehi...
- Magma Fincorp to get into insurance, expects IRDA nod in FY'11Vehicle financing firm Magma Fincorp expects regulatory clearance for its general insurance venture with a Germany-based company during thi...
- HDI-Gerling of Germany in 3-way JV for non-lifeGermany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...
- Magma, HDI-Gerling form insurance JVMagma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
- Magma Fincorp forays into insurance businessMagma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...
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