The deal, if concluded, could see LIC acquire a 50% stake for an estimated cost between ₹ 1,750 crore and ₹ 2,000 crore.
ManipalCigna Health Insurance is a joint venture between Bengaluru-based Manipal Education & Medical Group, which holds a 51 percent stake, and US-based Cigna Corporation, which owns the remaining 49 ...
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but currently no material ...
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but there is no material ...
ManipalCigna is a joint venture between the Bengaluru-based Manipal Education & Medical Group, which holds 51 percent in it, and the US-based Cigna Corporation, which owns the remaining 49 percent, ...
The discussions, in their early stages, aim to help LIC diversify beyond life insurance and tap into the growing health ...
LIC share price gained nearly 4% in early trade despite a sharp drop in the benchmark stock market indices. Shares of Life ...
LIC is in talks to acquire a 50% stake in ManipalCigna Health Insurance, valued at Rs 4,000 crore, signaling its entry into ...
LIC shares are in focus in Thursday's trade as the largest public insurer is set to enter the health insurance space. The company as per reports is in discussion to acquire as much as 50 per cent ...
The health insurance segment is one of the fastest growing sectors in India. Life Insurance Corporation of India is looking ...