Economy · India
Baba Ramdev's Patanjali to Acquire Insurance Company for ₹4,500 Crore
Baba Ramdev's Patanjali Ayurved is set to enter the financial sector with the acquisition of an insurance company for ₹4,500 crore. The deal, which has reportedly received the go-ahead, signifies Patanjali's expansion beyond its traditional consumer goods market into financial services. This move follows Patanjali's established presence in sectors like FMCG, including soaps, oils, and toothpaste.
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- Centre (2): Navbharat Times, The Lallantop