TATA AIG General Insurance Company, one of India’s leading general insurance companies, has announced the issuance of the largest Performance Surety Bond in the country, valued at over ₹100 crores.
India Inflection Opportunity Fund picked-up approximately 5% stake in the Company for an undisclosed amount.
The annual rate of inflation based on all India Wholesale Price Index (WPI) number is2.61% (Provisional) for the month of May 2024(over May 2023).