Patanjali Ayurved, DS Group to acquire Magma General Insurance for ₹4,500 crore
The board of Sanoti Properties LLP, jointly owned by billionaire businessman Adar Poonawalla and Rising Sun Holdings Pvt. Ltd., has approved the sale of its insurance subsidiary, Magma General Insurance Ltd. (erstwhile Magma HDI General Insurance Company Ltd.), along with Celica Developers…