Tag «49%»

Aviva to increase stake in Indian business to 49%

Aviva Plc, today announced its plan to increase the stake in its India business to 49%. Aviva India is a joint venture between Dabur Invest Corp (DIC) and Aviva with Aviva currently holding a 26% stake in the venture. David McMillan, CEO Aviva Europe and India, said   “The increase of Foreign Direct Investment limits …