Indiabulls signs insurance JV deal with SocGen unit
By siliconindia
Mumbai: Indiabulls Financial Services has signed a joint venture deal with Sogecap, the life insurance arm of France's Societe Generale, following a preliminary agreement in December, the company said on Friday.
Indiabulls will hold 74 percent of the venture, with Sogecap owning the remainder, it said in a statement. Financial details were not disclosed.