Categories: Business

Prudential to buy 75% in Bharti Axa; Rs 3.5k-cr deal to help firm deploy wider product suite across channels

UK’s Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti’s domestic reach, aiming to boost insurance penetration in India.

The News Vista

Share
Published by
The News Vista

Recent Posts

West Asia war uncertainty keeps businesses on edge

Businesses face significant cost management challenges due to ongoing West Asia conflict. Commodity inflation and…

2 hours ago

DMK slams Congress for ‘trading trust for berths’

DMK fiercely responded to Rahul Gandhi's criticism of supporting a bill to increase Lok Sabha…

3 hours ago

SC warns Punjab for ignoring 15-yr-old ruling on dues to Himachal Pradesh

The Supreme Court criticized Punjab for its resistance to implementing an old decree. Attorney General…

5 hours ago