Patanjali Ayurved Expands Horizons with Major Acquisition of Magma General Insurance
In a bold move signaling its ambitious expansion into the financial sector, Patanjali Ayurved Limited, led by the renowned Baba Ramdev, has acquired a majority stake in Magma General Insurance Limited. Announced on March 13, 2025, the deal is valued at approximately Rs 4,500 crore, marking a significant milestone in the company’s diversification strategy. This … Read more