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India: Axis Bank becomes co-promoter of Max Life, to own 12.9% stake Photo: Pixabay April 7, 2021 Axis Bank Ltd on Tuesday said that it has become co-promoters of Max Life Insurance Company Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company. “The Board of Max Life recorded the closure of the deal today. The transaction was completed after the Insurance Regulatory and Development Authority of India (IRDAI) gave its formal approval in February this year,” the private lender said in a regulatory filing. Max Life’s holding company M...

Stocks in news: Tata Steel, Adani Group, Axis Bank, Bharti Airtel and more Shares of Tata Steel, Adani Group, Mahindra Logistics, Bharti Airtel, Axis Bank and Panacea Biotech will be in focus in trade today BusinessToday.In | April 7, 2021 | Updated 09:29 IST Stocks to watch today: Tata Steel, Adani Group, Mahindra Logistics, Panacea Biotech, Bharti Airtel Sensex and Nifty managed to close higher in volatile trading session on April 6. Sensex closed 42 points higher at 49,201 and Nifty gained 45 points to 14,683. On year-to-date basis, Sensex has gained 3.04% or 1,450 points and Nifty has r...

Barbeque Nation Hospitality shares will be listed on the exchanges this morning The domestic stock markets are likely to open in the green, going by early indications from SGX Nifty futures trading. Trends on SGX Nifty indicate a positive opening for the index in India, with a 37-points gain. At 7:30 am, the Nifty futures were trading at 14,782, higher by 37 points or 0.28 per cent, on the Singapore Stock Exchange. On Tuesday, the Sensex closed with a nominal gain of 42 points and the Nifty settled higher by 46 points. Stocks to watch in trade in today's session (April 7, 2021) Axis Bank Axis...

Axis Bank, subsidiaries acquire over 12% in Max Life, become co-promoters ​ By IANS | ​ 5 Views Axis Bank introduces wearable devices for contactless transactions. Image Source: IANS News New Delhi, April 6 : Lending major Axis Bank, along with its subsidiaries, have become the co-promoters of Max Life Insurance Company. The bank and its subsidiaries Axis Capital and Axis Securities have completed the acquisition of 12.99 per cent stake collectively. "The transaction was completed after the Insurance Regulatory and Development Authority of India (IRDAI) gave its formal approval in Febru...

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