Bhaichand Amoluk Consultancy Services Pvt. Ltd. has recently picked up a
minority stake in a company called Ellidore Events Ltd / Ellidore
Lifestyle. The latter is the company involved in conducting P.R. and
hosting events in the U.K. and Europe. It has recently launched a
membership site through Ellidore Lifestyle, which caters to the bespoke
lifestyle needs of Clients.
The promoters of Willis India Insurance Brokers, namely, Willis Group
and its associates and affiliates and Bhaichand Amoluk Consultancy (BACSPL)
have mutually agreed to part ways. As part of the settlement Willis
Group has agreed to pay BACSPL an amount of USD 11Million and to give
BACSPL the ownership over the existing firm in India, namely, Willis
India Insurance Brokers including its capital and free reserves. |