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UK's Bupa to acquire 20% stake in health insurer Niva Bupa from JV partner True North

True North is selling the 20% stake at a valuation of Rs2,700 crore, the PE firm said in a statement. The transaction is subject to insurance regulator IRDAIs approval. ....

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Max Financial Services shares surge 10% on promoter Axis Bank's stake purchase, Q1 earnings

Max Financial Services also reported its June quarter earnings where the financial services entity reported over 47% year-on-year (YoY) jump in its net profit. The consolidated net profit for the period stood at Rs 101.13 crore which was up Rs 68.48 crore posted by the company in the year-ago period. ....

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Axis Bank to pick up 6% more stake in Max Life for ₹1,612 crore

Axis Bank to pick up 6% more stake in Max Life for ₹1,612 crore
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