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Total 24 results found. Search for [ Axis-Max Life deal ]

Results 1 to 21 of 24
BusinessToday.In
June 14, 2021
Stocks in news: Axis Bank, Info Edge, Adani Group stocks, Globus Spirits, NTPC,  Reliance Power, Adani Enterprises, Coal India, Ruchi Soya  and more


PTI
June 13, 2021
Currently, Axis Bank and its two subsidiaries collectively own 12.99 per cent in Max Life Insurance post approval of the deal in April this year


BusinessToday.In
April 6, 2021
Max Financial Services Limited, the holding company of Max Life, and Axis Bank had first announced their intent to bring in the latter as a strategic partner in Max Life in February 2020.


Reuters
March 2, 2021
Reserve Bank of India (RBI) rules allow banks to hold up to 50% stakes in insurers and on a selective basis equity holdings can be higher but must eventually be brought down within a certain period


BusinessToday.In
February 25, 2021
Axis Entities have the right to acquire an additional stake of up to 7 per cent in Max Life, in one or more tranches, which they intend to acquire over the course of the next few years.


BusinessToday.In
February 10, 2021
Stock Market News Updates Today: Tata Motors, L&T , Infosys, Airtel, SBI, ONGC, ITC, Nestle were among the top losers today while HUL, Titan, M&M, TCS, Bajaj Finance, HDFC traded among the top gainers.


PTI
January 21, 2021
As per the combination notice filed with CCI, the shareholding of Axis Bank in Max Life will increase to approximately 9.9 per cent


BusinessToday.In
December 6, 2020
Currently, the bank holds about 1 percent stake in Max Life and is also the biggest distributor of the insurer's products through a banking channel.


BusinessToday.In
December 1, 2020
Stocks to watch today on December 1: ICICI Lombard, Unichem Labs, Indiabulls Housing, Tata Motors, Hero MotoCorp, Dr Reddy among others are the top stocks to watch out for in Tuesday's trading session


BusinessToday.In
November 28, 2020
Max Financial Services Limited will issue and allot 7.54 crore shares of Rs 2 each at a price of Rs 565.11 per equity share on a preferential allotment basis to Mitsui Sumitomo


Chitranjan Kumar
October 30, 2020
As per the revised deal, Axis Bank and its subsidiaries, i.e. Axis Capital Limited and Axis Securities Limited, have agreed to enter into revised agreements with Max Financial for the acquisition of up to 19.002 per cent of the equity share capital of Max Life


BusinessToday.In
October 28, 2020
India Stock Market Highlights Today: Global equities were negative today as worries about a surge in coronavirus cases and dwindling hopes for a U.S. stimulus package kept investors gloomy


BusinessToday.In
September 29, 2020
India Stock Market Highlights Today: TCS was the top gainer, followed by Asian Paints, Titan, UltraTech Cement, the HDFC duo, Tata Steel and Infosys. On the other hand, IndusInd Bank, ONGC, ICICI Bank and Axis Bank were among the laggards in the Sensex pack


BusinessToday.In
August 25, 2020
Axis Bank -- biggest banking channel partner of insurance products for Max Life -- made changes to last month's deal after correspondence from insurance regulator


BusinessToday.In
July 24, 2020
Moody's expects Hero FinCorp's asset quality and profitability to weaken in wake of rise in loan delinquencies and defaults due to the economic disruptions caused by the coronavirus outbreak


BusinessToday.In
July 24, 2020
Axis Bank had bought 29% stake in Max Life for an estimated Rs 1,600 crore deal in April; acquisition gives it a foothold in fast growing life insurance business in country


Chitranjan Kumar
New Delhi, April 28, 2020
In Q4 FY20, Axis Bank reported a net loss of Rs 1,387.78 crore versus net profit of Rs 1,505.06 crore for the corresponding period last year, due to higher provisioning amid coronavirus pandemic


Anand Adhikari
April 28, 2020
Acquisition of a 29 per cent stake in Max Life insurance gives the third largest private sector bank a foothold in the fast growing life insurance business


Aseem Thapliyal
April 28, 2020
Share price of Axis Bank gained 4.96% to Rs 448.5 compared to the previous close of Rs 427.30 on BSE


BusinessToday.In
New Delhi, April 28, 2020
Axis  Bank  is  the  third  largest  private  bank  and  Max  Life  is  the  fourth  largest  private  life  insurer  in  India


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