After an 18-month struggle, the Burman family's open offer for Religare has concluded and Rashmi Saluja is out of the way.
The latest addition to Religares bouquet of offerings, launched in July 2012, is health insurance through Religare Health Insurance Company Limited in which Union Bank of India and Corporation ...
As per Institutional Investor Advisory Services (IiAS), these ongoing legal disputes and police cases may distract the board and impact Dr. Saluja’s ability to perform her role effectively.
Bupa will look to increase its stake in health insurance firm Niva Bupa. The chief executive Krishnan Ramachandran, told ET ...
Dr Rashmi Saluja, the executive chairperson of Religare Enterprises Ltd (REL), that has been in the news due to a hostile bid ...
Care Health Insurance Ltd, and other broking and non-bank subsidiaries. The Burman family had first expressed interest in acquiring a controlling stake in Religare in September 2023. They have ...
But the real action lies in the ongoing bidding war for its crown jewel, Care Health Insurance (CHI). The saga began in September 2023 when the Burman family, promoters of Dabur India, launched an ...
While Religare is currently in the midst of a power struggle ... The company also operates in health insurance, besides offering loans to small and medium enterprises. These areas, the 65-year-old ...
The Burman Family’s open offer to acquire majority stake in Religare Enterprises (REL) received bids for only 0.26% of the book size of 90 million shares. Public shareholders representing the ...
Religare Enterprises on Thursday announced that Rashmi Saluja is no longer the director of the company. In a regulatory filing today, Religare Enterprises said, “Dr Rashmi Saluja, Executive ...
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