Manipal to buy 51% in Cigna health insurance JV

Manipal to buy 51% in Cigna health insurance JV

Billionaire Ranjan Pai-led Manipal Education & Medical Group (MEMG) will increase its stake to 51% in health insurance joint venture with American insurance giant Cigna Corporation. Pai is committing Rs 500 crore towards additional share purchase and expansion plans at a time when several Indian business groups are retreating from health insurance sector.

Read More

0Shares

Leave a Reply

Your email address will not be published. Required fields are marked *