India climbs three spots to 130 on Human Development Index: UNDPIndia continues its steady rise on the Human Development Index (HDI), ranking 130 out of 193 countries in the 2025 Human Development Report...
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...
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...
UP, Bihar continue to be down in the dumps in HDI: ReportSouthern states continue to lead the pack on the crucial measure, where the country is ranked 130th globally, but are staring at a differen...
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.
India up five slots but still 130th on HDIIndia ranked a lowly 130 in the HDI even if up from last year's 135 in the list of 188 nations, thanks to higher life expectancy and gross ...
India up 5 spots, ranks 130th in Human Development Index: UNDPIndia continued to rank low in the Human Development Index (HDI), but climbed five notches to the 130th rank in the latest UNDP report.
India ranks 135 in Human Development IndexIndia's ranking in the Human Development Index (HDI) remained unchanged at 135 in 2013, reflecting little improvement in the living standar...
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 Insurance
The 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.
- Growth story doesn't extend to education, health
India is one of the world's top-10 performers in terms of income growth over the last 40 years, but is far outperformed by much poorer coun...
- HDI-Gerling of Germany in 3-way JV for non-life
Germany'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 JV
Magma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...