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CCI approves Central Bank of India’s proposed stakes acquisition in Future Generali Insurance ventures

CCI approves Central Bank of India’s proposed stakes acquisition in Future Generali Insurance ventures

by AIP Online Bureau | Oct 16, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

Earlier, state-owned bank Central bank said it has been declared as the successful bidder by the Committee of Creditors (CoC) for the sale of Category 1 assets of FEL in Future Generali India Life Insurance Company and Future Generali India Insurance Company . New...
Future Enterprises to exit insurance business, to raise Rs 3,000 cr via insurance biz sale to pare debt

Future Enterprises to exit insurance business, to raise Rs 3,000 cr via insurance biz sale to pare debt

by AIP Online Bureau | May 8, 2022 | Indian News, Main Menu, Non-Life

Kishor Biyani-led group Future Enterprises would completely exit the insurance sector after selling its existing stakes in life and non-life joint ventures soon Mumbai: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from...

Generali takes controlling stakes in Indian insurance JVs,Future Group to to exit insurance business

by AIP Online Bureau | Jan 27, 2022 | Indian News, Non-Life

Generali will raise its stake to around 74 per cent in Future Generali India Insurance Company and 68 per cent in Future Generali India Life Insurance Company Generali to acquire from Future Enterprises Limited 25 per cent of the shares of Future Generali India...

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