M&M inks life insurance JV agreement with Manulife – The Times of India
Mahindra & Mahindra has deepened its presence in India’s financial sector by partnering with Canada’s Manulife to enter the life insurance business through a new 50:50 joint venture. The two companies have signed an agreement to establish a life insurer in India, subject to regulatory approvals, with each holding an equal stake and a capital…