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Manipal Group to up stake in Cigna TTK to 51%

Jun 4, 2019

The Cigna Corporation of the US will continue to hold 49 per cent stake, while TTK will exit the health insurance business by selling its 31.48 per cent stake to Manipal Group, pending regulatory approval from IRDAI.Manipal holds 19.52 per cent stake in the joint venture

India to become 5th largest economy globally this year; 2nd in APAC region by 2025

Jun 4, 2019

“India is forecast to become the world’s fifth largest economy in 2019, reaching a total GDP size exceeding USD 3 trillion, and overtaking its former colonial ruler, the United Kingdom. By 2025, Indian GDP is also forecast to surpass Japan, which will make India the second-largest economy in the Asia-Pacific region,”

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