Thursday, August 20, 2009

L&T FIN to own 100% of General Insurance Company

It is good to know that L&T Finance Ltd, a 100% subsidiary of Larsen & Toubro Ltd (L&T), will not be partnering with any foreign entity to float the venture for General Insurance Company

The announcement to foray into general insurance business is expected in the next few months.

2 comments:

Unknown said...

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Manish Loves You said...

Rightly, I is fasinating thing that an Indian company entering Insurance Sector with any foreign entity.