Tag: FinanceNews
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Patanjali Ayurved & DS Group to Acquire Magma General Insurance: A foray into the Insurance Sector
Patanjali Ayurved & DS Group are set to acquire Magma General Insurance from Sanoti Properties LLP for Rs 4,500 crore. This strategic move marks Patanjali’s entry into the general insurance sector. Read more about the impact and future implications of this deal.
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NTPC Green Energy Reports 18% Jump in Q3 FY25 Profit, But Faces Rising Costs
NTPC Green Energy reported a strong 18% rise in net profit for Q3 FY25, driven by a solid revenue increase. However, the company faced rising expenses, especially in finance and employee benefits, which impacted its overall profitability. Despite these challenges, NTPC Green Energy remains a key player in India’s renewable energy sector.