by AIP Online Bureau | Apr 23, 2025 | Briefs, Life, Non-Life
After selling its insurance broking unit, Aditya Birla Capital Limited has announced that it has secured approval from the IRDAI to operate as a Corporate Agent (Composite). The license, granted on April 21, 2025, allows the company to solicit Life, General, and...
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, Indian News, Life, Technology, Wealth Management/ Philanthropy
Kumar Mangalam Birla, chairman,Aditya Birla Group “Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA....
by AIP Online Bureau | Nov 14, 2022 | Indian News, Life
Sources said Nippon Life stake would have been diluted to below 10 per cent following merger and Japanese firm is believed to be not comfortable with the idea of losing all the shareholder and the governance rights. Mumbai: Talks between Aditya Birla Capital and...
by AIP Online Bureau | Oct 14, 2022 | Indian News, Life
The financial services arm of the Aditya Birla Group has expressed intent to pick up 51 per cent stake of Reliance Capital in Reliance Nippon Life Insurance Company (RNLIC), sources said NewDelhi: Aditya Birla Capital Ltd has joined the race to pick up stake in...