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AV Birla plans to enter health insurance: Reports

The Kumarmangalam Birla led company has appointed Boston Consulting Group to find a partner to enter the sector

March 07, 2014 9:03 IST | India Infoline News Service
Mumbai-headquartered AV Birla group is planning to enter health insurance sector, according to a media report.
The Kumarmangalam Birla led company has appointed Boston Consulting Group to find a partner to enter the sector, the report said further.
The AV Birla group is expected to acquire 74% stake in the proposed venture. The group is in talks with a South African health insurance company, the report added.
However, no details have been provided by AV Birla on the development.

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