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

Samsung set to become South Korea’s first company with 200 trillion won in cash

Samsung Electronics is on the cusp of exceeding 200 trillion won in cash assets, driven…

41 minutes ago

Massachusetts couple wins $530,000 over dust and noise from neighbouring mine

After years of persistent complaints regarding dust and noise produced by the nearby mining operation,…

44 minutes ago

When tomato ketchup was sold as medicine in 1830s America

In the 1830s, Dr John Cook Bennett suggested that tomatoes had medicinal properties for treating…

47 minutes ago

BJP chief Nitin Nabin asks opposition to follow LK Advani’s approach to national security

BJP president Nitin Nabin highlighted L K Advani's legacy during a special event for his…

56 minutes ago

Rajasthan’s local poll rolls have 30 lakh more voters than EC’s final SIR list: Activist

In Rajasthan, a troubling disparity has emerged regarding the electoral rolls for local body elections,…

1 hour ago