Byju’s eyes multi-billion-dollar deals, may acquire Chegg; banks raise fintech concerns with RBIByju Raveendran told us in an interview that the next 12 months will be the best time to acquire companies, and that Byju’s is looking at s...
Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
Paytm to file for new license, says bullish about its roadmap for general insuranceIn a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about it...
Discussions ongoing with IRDAI over license: Paytm“It is an ongoing discussion with the regulator. There have been some rumours that the license got rejected but there have been no official...
Swiss Re to invest Rs 920 crore in Paytm’s insurance unitSwiss Re will invest around Rs 397 crore upfront and the remaining capital will come in tranches, subject to fulfilment of certain mileston...
Swiss RE may join Paytm's insurance businessThe Zurich-based reinsurance giant is looking to acquire a 20-25% stake in the venture by initially making a capital commitment of around $...
Paytm considering JV option for insurance business clearanceWhile Paytm announced the Raheja acquisition last year, the deal is yet to close.
Paytm loan to help fund Vijay Shekhar Sharma’s Raheja QBE dealAn early closure of the Paytm-Raheja QBE deal, which was announced nearly a year ago, is crucial for the Paytm IPO slated for November this...
Paytm to acquire Raheja QBE to expand its financial services offeringsPaytm will use its large consumer base and merchant ecosystem to innovate insurance products and services to accelerate its reach and adopt...
FIPB clears 15 FDI proposals worth Rs 7,262 croreNippon Life Insurance, Tata AIA, Aviva Life were among 15 companies whose foreign direct investment proposals totalling Rs 7,262 crore have...
FIPB clears Cadila Healthcare, 8 other proposalsInter-ministerial body FIPB today cleared nine proposals including that of Cadila Healthcare and Volvo Asset Finance India.
Prism Cement's loss widens in Q2; to divest 23% stake in insurance JVPrism Cement's standalone net loss widened to Rs 33.26 cr for the quarter ended September 30, against a net loss of Rs 19.76 cr in the year...
Australian firm to raise stake in Raheja QBE insurance to 49 per centRaheja QBE General Insurance Company is a joint venture company promoted by Prism Cement, India, and QBE Holdings (AAP) Pty.
- Forget size, Raheja QBE’s most profitable insurer
Few would have heard of Raheja QBE General Insurance, the company that’s been around for a year.
- SBI not to allow global M&As affect non-life JV
State Bank of India will take measures to ensure that its proposed non-life joint venture is not adversely affected by international M&As.
- Rajan Raheja Group likely to get nod for non-life foray
The Insurance Regulatory Development Authority (IRDA) is set to issue a licence to the Rajan Raheja Group (RRG) for setting up a general in...
- Australian insurer in JV with Prism
Prism Cement of the Rajan Raheja group has entered into an agreement with Australian insurer QBE .