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The deal, expected to close in 15 months, gives Bajaj full control over its insurance businesses, allowing it to pursue new categories and inorganic growth. Also management will look into comprehensive licence for the two companies, once the insurance amendment legislation, the management informed analysts.
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The regulator said stock brokers proposing to undertake securities market activities in GIFT-IFSC may do so under a separate business unit (SBU) of the stock broking entity itself.
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Schaefer Greenhouses, a longstanding family-owned business in Montgomery that has provided plants, gardening supplies, floral arrangements and more in the Fox Valley area for nearly a century, has been purchased by Minooka-based AEC Supply, Inc.
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News and Media
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