TryGOLD- Free

Medi Assist signs agreement to acquire Medvantage Insurance
Financial Express Mumbai|September 27, 2022
MEDI ASSIST, INDIA'S largest health insurance third-party administrator (TPA), on Monday announced that it has signed a definitive agreement to acquire a 100% stake in Medvantage Insurance TPA.
Medi Assist signs agreement to acquire Medvantage Insurance

Medi Assist expects to fund the acquisition of Medvantage, formerly UnitedHealthcare Parekh Insurance TPA, with existing cash from its balance sheet.

The transaction was approved by the board of directors at each of the respective companies and is subject to receipt of regulatory approval and satisfaction of other customary closing conditions, according to a release.

This story is from the September 27, 2022 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Medi Assist signs agreement to acquire Medvantage Insurance
Gold Icon

This story is from the September 27, 2022 edition of Financial Express Mumbai.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FINANCIAL EXPRESS MUMBAIView All
Financial Express Mumbai

Trump readies reciprocal tariffs as global trade war fears mount

DONALD TRUMP'S TRADE advisers finalising plans on Wednesday for the reciprocal tariffs the US president has vowed to impose on every country that charges duties on US imports, ratcheting up fears of a widening global trade war.

time-read
1 min  |
February 13, 2025
Financial Express Mumbai

2015 shortfall: DoT asks Vi to pay ₹6K cr

THE DEPARTMENT OF telecommunications (DOT) has asked Vodafone Idea to either provide a bank guarantee worth ₹6,091 crore for a period of one year or pay ₹5,493 crore in cash for shortfall towards 2015 spectrum auction dues.

time-read
1 min  |
February 13, 2025
Musk's DOGE cuts based more on political ideology
Financial Express Mumbai

Musk's DOGE cuts based more on political ideology

THE FIRST PHASE of the rapid-fire effort by Tesla CEO Elon Musk and President Donald Trump to cut waste from government agencies appears driven more by an ideological assault on federal agencies long hated by conservatives than a good-faith effort to save taxpayer dollars, according to two veteran Republican budget experts.

time-read
2 mins  |
February 13, 2025
AI to speed up lung cancer detection
Financial Express Mumbai

AI to speed up lung cancer detection

Qure.ai's qXR tool enhances diagnostic accuracy from X-rays

time-read
2 mins  |
February 13, 2025
Are we ready to dream bigger?
Financial Express Mumbai

Are we ready to dream bigger?

Enterprises should see AI as a business enabler

time-read
2 mins  |
February 13, 2025
Financial Express Mumbai

Evolving contours of India-US statecraft

While India respects America First, transactional diplomacy requires mutual benefit. India should be seen as a partner in making America great again

time-read
3 mins  |
February 13, 2025
Financial Express Mumbai

SC deprecates freebie culture; says people not willing to work

COMING DOWN HEAVILY on the announcement of freebies by governments and political parties before elections, the Supreme Court Wednesday asked ‘are we not creating a class of parasites’ and said this is disincentivising people from working and, in states like Maharashtra, drying up the labour force.

time-read
2 mins  |
February 13, 2025
Financial Express Mumbai

ONGC Videsh, BPCL ink pacts with Petrobras

ONGC Videsh signed a pact with Brazilian major Petrobras on Wednesday, aimed at assessing opportunities in the areas of upstream, marketing, decarbonisation, and low-carbon solutions, among others.

time-read
1 min  |
February 13, 2025
SC slams freebie culture
Financial Express Mumbai

SC slams freebie culture

THE PETITIONER SAID, \"That was not my intent. I didn't mean that.\" Justice Gavai said, \"How do you say compassion is shown only for the rich?\"

time-read
2 mins  |
February 13, 2025
Inflation eases to 4.31% in Jan on cooling food prices
Financial Express Mumbai

Inflation eases to 4.31% in Jan on cooling food prices

RETAIL INFLATION, BASED on the consumer price index (CPI), fell to a five-month low of 4.31% in January from 5.22% in December, mainly due to a decline in prices of key food items such as vegetables, official data released on Wednesday showed.

time-read
1 min  |
February 13, 2025

We use cookies to provide and improve our services. By using our site, you consent to cookies. Learn more