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Axis Bank trims its investment in Max Life Insurance from 30% to 18%

“Axis Bank now proposes to acquire 17.002% of the equity share capital of Max Life, resulting in…

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Axis Bank finalises Max Life Insurance investment and is closer to raising more funds

India’s third-largest public sector lender has finalised its deal to acquire one-third of Max Life …

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3 mins read

Jupiter Life Line Hospitals IPO to open on September 6; price band at ₹695-735/sh

Jupiter Life Line Hospitals’ ₹869 crore initial public offer (IPO) will open on September 6 and clo…

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Removal of commission caps for insurance agents likely to boost innovation, customer-centricity

It will give more flexibility to insurance companies to determine what amount of commission they wi…

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6 mins read

Max Financial Services: Company worth ₹24,000 crore running with only 12 employees

A holding company with only 12 employees has made it to India’s top 500 most valuable companies, ac…

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Reliance Capital debenture holders pave the way for asset monetisation

Reliance Capital (RCAP) debenture holders at their meeting held on January 5, passed the resolution…

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Abu Dhabi Investment Authority invests ₹665 crore in Aditya Birla Health Insurance

After the investment, Aditya Birla Capital will hold 45.91% stake and Momentum Metropolitan Hold…

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Reliance Capital asset sale: SBI Life and Apollo join the race, nearly 70 bids received so far

Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega respons…

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5 mins read

Top stock movers — Future Enterprises, HAL, Suntek, Oberoi Realty, M&M, ICICI Bank, Maruti Suzuki, Bajaj Auto and more

Indian benchmark stock index, Sensex advanced over 175 points in early trade on Thursday, led by fi…

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2 mins read

HDFC Standard + Max Life = Rs 50,000 crore, India’s largest private insurance company

- HDFC LIFE to be the listed entity on completion of merger process - Max Life to merge int…

Theron Mohamed   


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IRDAI approves 51 per cent stake acquisition in Max Bupa Health Insurance by True North

New Delhi, Dec 3 () Max India on Tuesday said the Insurance Regulatory and Development Authority of…

PTI   


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Axis Bank to buy 29% stake in Max Life for Rs 1,592 crore

The deal, which comes during bleak economic times as the country grapples with the impact of COVID…

PTI   


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Max Real Estates, New York Life become 51:49 shareholders in NSPL

"We would like to inform that the board of directors of NPSL, in their meeting held on March 18, 20…

PTI   


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6 mins read

‘Blood honey’ is a booming business and the rising demand is changing the lives of moulis in Sundarbans

The lives of people of this community of traditional honey collectors lay, sometimes precariousl…

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2 mins read

This is how big family-run businesses will ensure that startups keep sprouting all across India

At a time when startups are booming in India and gutsy youngsters are opening up new businesses, th…

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1 min read

MetLife acquire stakes of Elpro and IGE's in PNB MetLife for ₹1,906 crore

According to Elpro, it will receive a sum of about ₹1,424.69 crore while I.G.E. (India) will get…

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Federal Bank to buy additional 4 pc stake in life insurance JV from IDBI Bank for over Rs 80 cr

"The valuations have been decided between partners by appointing third parties. IDBI Bank will red…

PTI   


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Tata AIA Life Insurance asks Indians to Catch Up with the Times

In view of the fact that majority of the population in India is under-insured despite having life i…

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French insurance company AXA increases stake in Bharti AXA Insurance

“This is a significant milestone in the journey of the Bharti-AXA joint ventures, and underlines th…