Mahindra & Mahindra, Manulife team up for Rs 7,200 Cr India life insurance JV

Mahindra & Mahindra Ltd. and Manulife Financial Corporation have agreed to establish a 50-50 life insurance joint venture in India, committing up to 3,600 crore rupees each over the next decade as they seek to capitalize on one of the world’s fastest-growing insurance markets. The venture, announc