Patanjali Ayurved Acquires Magma General Insurance; Enters General Insurance Sector
Patanjali Ayurved, led by Baba Ramdev, has entered the general insurance sector by acquiring a majority stake in Magma General Insurance.
Karan Johar Sells 50% Of Dharma Productions To Adar Poonawalla Following Reported Loss
On October 21, both parties released a joint statement confirming the deal. Serene Productions will invest INR 1,000 crore into Dharma Productions and its subsidiary, Dharmatic Entertainment.