26. Sahara India Pariwar owns many companies. Sahara India Life Insurance Company Limited is the first wholly Indian owned private life insurance company. It offers an exhaustive range of competitive products/plan that caters to everyone from all segments along with prompt and quality customer services and support. Sahara Asset Management Company Pvt. Ltd. is a professional mutual fund house which manages many mutual fund schemes. On the basis of the given information about Sahara India Pariwar, answer the following questions:(3) (a) Sahara India Pariwar owns both Public and Private companies. How is a public company different from a private company? (b) Give two similarities between company and cooperative society form of business organizations.
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Sahara India Life Insurance Company Ltd. (SILICL) is today the first wholly Indian-owned Life Insurance Company in the private sector. We launched our operations on 30 October 2004 after being granted license to operate as a life insurer in India by Insurance Regulatory and Development Authority on 6 February 2004 .
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