Mumbai (Maharashtra) [India], June 15 (ANI/NewsVoir): HDFC ERGO, the country's third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property damage and bodily injuries.
HDFC's share price were down almost 8 per cent to Rs 1,512
Earlier this month, HDFC ERGO got regulatory approvals for acquiring a majority shareholding in Apollo Munich Health Insurance Co Ltd.
In future, there would be review and rationalisation of products and their features
The NCDs were issued in November with a coupon rate of 7.6%
The general insurance company has recently completed acquisition of L&T General Insurance
Pays Rs 1,122 cr for stake valuing company at Rs 4,900 crore
First such consolidation in India's general insurance sector
The foreign partner has paid Rs 1,122 cr for the additional stake