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Bajaj Finserv to buy Allianz’s 26% stake in insurance joint ventures

The NBFC said in a statement that Bajaj Finserv signed share purchase agreements (SPAs) with Allianz SE to acquire a 26 per cent stake in the two insurance joint ventures, Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC), for Rs 24,180 crore.

Solar Power, photovoltaic

Climate Pool

India’s journey towards a sustainable, low-carbon economy is no longer a matter of policy aspiration but an urgent necessity.

Army as first responder

Photographs of residents of Wayanad in July-August 2024 lining up to cheer members of the Army’s rescue team as it withdrew after successfully completing its daunting rescue task post landslides dominated social media and news networks.

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Shutdown Averted

The recent passage of a Republican-led stopgap spending bill has once again highlighted the deep divisions within the American political landscape. While the bill successfully prevented a government shutdown, the contentious nature of its approval underscores broader concerns about governance, fiscal responsibility, and partisan maneuvering.