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Bajaj to buy Allianz's 26% stake in insurance biz
March 18, 2025
|The New Indian Express Kochi
The Bajaj group and the German insurance major Allianz group have decided to walk away from their two insurance joint ventures in the life and non-life areas as the latter agreed to sell their 26% each holdings in the partnership for a total consideration of a little over ₹23,400 crore or 2.6 billion euros.
It is not immediately known how much Allianz had paid for these stakes when they had entered in 2001. It can be recalled that the two parties have been bickering for a few years over the pricing after the Pune-based diversified group turned down the German partner's interest in increasing their stakes in t
هذه القصة من طبعة March 18, 2025 من The New Indian Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kochi
The New Indian Express Kochi
13 TOLL PLAZAS 50% of NH 66 work to be over by March
THE National Highways Authority of India (NHAI) is likely to complete the six-laning work on more than half of the 642-km NH-66 stretch across Kerala by March 2026, with four key stretches — covering about 145 km — expected to be opened to traffic by the end of this year, senior officials said.
1 min
October 11, 2025
The New Indian Express Kochi
TTK Prestige promoter TT Jagannathan dies at 77
TT Jagannathan (TTJ), chairman emeritus of kitchen appliance maker TTK Prestige Ltd, passed away in Bengaluru late on Thursday at 77.
1 min
October 11, 2025
The New Indian Express Kochi
MUNAMBAM LAND IS NOT WAQF PROPERTY, RULES HC
BRINGING relief to the residents of Munambam, the Kerala High Court has ruled that the land where around 600 families — primarily from fishing communities — reside is not waqf property.
1 mins
October 11, 2025
The New Indian Express Kochi
10 MP cops suspended over hawala money
TEN police personnel, including a woman sub-divisional police officer (SDPO), have been suspended for allegedly misappropriating ₹1.5 crore out of the ₹2.96 crore suspected hawala money in MP's Seoni district, officials said on Friday.
1 min
October 11, 2025
The New Indian Express Kochi
Vigilance report reveals 'theft' of more gold in Sabarimala
THE vigilance report submitted before the Kerala High Court has disclosed another misappropriation of gold in Sabarimala with regard to the plating of side frames/lintel of the sanctum sanctorum, similar to the ‘fraud’ in the gold plating in dwarapalaka idols.
1 mins
October 11, 2025
The New Indian Express Kochi
Potters race against time amid supply crunch
Dehradun's bustling Kumhar Mandi
2 mins
October 11, 2025
The New Indian Express Kochi
Star para athlete Simran’s guide Saifi provisionally suspended by NADA
IN a dramatic turn of event on Friday, Umar Saifi, guide of star para-athlete Simran Sharma, was included in the list of provisionally suspended athletes by the National Anti-Doping Agency, only a day ahead of the felicitation function organised to honour medal winners of the World Para Athletics Championships.
1 mins
October 11, 2025
The New Indian Express Kochi
IS IT TIME TO TALK ABOUT FIVE-BOWLER STRATEGY?
India's dependence on part-timers could hurt them vs stronger sides
3 mins
October 11, 2025
The New Indian Express Kochi
AVOID ENGAGING TEACHERS ON EXTENDED GOVT TASKS
THE Karnataka government's Socio Economic and Educational survey in progress across the state has deprioritised education.
1 mins
October 11, 2025
The New Indian Express Kochi
India upgrades Kabul mission to embassy
IN a recalibrated diplomatic strategy, India has officially upgraded its Technical Mission in Kabul toa full-fledged Embassy, the clearest sign yet of New Delhi's intent to deepen engagement with Afghanistan under Taliban rule.
1 min
October 11, 2025
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