Joint

Jio Monetary Companies ties up with Allianz for 50:50 reinsurance three way partnership — What this implies

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[ad_1] Jio Monetary Companies on Friday introduced a 50:50 three way partnership with Germany’s Allianz Group for a home reinsurance three way partnership to serve the Indian market. The Jio Monetary-Allianz JV was signed via the German firm’s wholly-owned subsidiary Allianz Europe BV. It would launch operations after receiving statutory and regulatory nods. Moreover, the … Read more

Schneider eyes full control of Indian Joint Venture with Temasek: Details here

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[ad_1] (Bloomberg) — Schneider Electric SE is considering buying out the remaining stake in its India venture from minority partner Temasek Holdings Pte, according to people familiar with the matter. Schneider is in talks to buy the 35% stake held by the Singapore state investment company in Schneider Electric India Pvt for about $1 billion, … Read more