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Guwahati: Complaints related to life insurance is higher than other insurances in northeast region of the country, according to the data of insurance .
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Sanoti Properties, which is held by Adar Poonawalla and Serum Institute of India Private Limited; has agreed to acquire the direct and indirect stake of the Company in Magma HDI.
It stated that the transaction would result in a pre-tax profit of Rs 351.85 crore. Additionally, increase its capital adequacy ratio from the existing 52.2 per cent to 56.1 per cent.