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NEW DELHI: Italian financial services firm Generali on Wednesday said it has become the majority shareholder of the Indian life insurance joint venture following all the regulatory approval. The company has completed the acquisition of the entire stake of around 16 per cent held by Industrial Investment Trust Limited (IITL) in Future Generali India Life…Continue Reading

EXCLUSIVE Generali eyes bigger stake in India businesses as Future seeks exit -sources

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The logo of insurance company Generali is seen on the company headquarters in Budapest, Hungary, November 29, 2019. REUTERS/Tamas KaszasRegister now for FREE unlimited access to reuters.comGenerali eyeing 74% stake in India joint ventures -sourcesGenerali currently owns 49% in India insurance businessesIndia’s Future Group targeting $400 mln from stake sales -sourceFuture eyes funds for retail,…Continue Reading