would hold a 51 per cent share in the joint venture, which is to be called Aditya Birla Health Insurance Co Ltd (ABHICL).
has entered into a definitive share subscription and shareholders agreement ( SSA) with an
A company involved in textiles, apparel, telecom and financial services, Aditya Birla Nuvo (ABNL
), has announced that it has sold a 23 percent stake to Sun Life Financial, in Birla Sun Life insurance (BSLI) for Rs 1664 crore.
Besides, Aditya Birla Nuvo Limited ( ABNL
)-- which runs mobile operator Idea Cellular-- and Kishore Biyani- promoted Future Group too applied for licences.
Aditya Birla Nuvo (ABNL
), involved in textiles, apparel, telecom and fiscal services, declared that the firm has di-invested 23% share in Birla Sun Life insurance (BSLI) for Rs 16.64 billion to Sun Life Financial.
Aditya Birla Nuvo Ltd (ABNL
) has announced that it is keen to enter into the Indian health insurance industry.
Aditya Birla Nuvo Limited (ABNL
), promoter and largest shareholder of Idea Cellular, also applied for payments bank licence with the RBI.