Aviva Plc is planning to increase its stake in its India business to 49 per cent. Currently, Aviva India (life insurance) is a joint venture between Dabur Invest Corp and Aviva with the latter currently holding a 26 per cent stake in the venture. Till now, only AXA Insurance has got the approval from Foreign Investment Promotion Board to hike its stake to 49 per cent in its insurance joint ventures, Bharti AXA Life and Bharti AXA General Insurance.
Company Profile : Aviva Life Insurance Co Ltd
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