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SES report on Analjit s pay is inaccurate, says Max Financial

SES report on Analjit s pay is inaccurate, says Max Financial
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India: Axis Bank becomes co-promoter of Max Life, to own 12 9% stake

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 Max Financial Services Limited and Axis Bank had first announced their intent to bring in the latter as a strategic partner in Max Life in February 2020. Axis Bank had announced its intent to purchase a 30% stake in Max Life Insurance for a sum of around Rs. 1530 crore in April last year

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Stocks in news: Tata Steel, Adani Group, Axis Bank, Bharti Airtel and more

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 risen 5.02% or 701 points. Top gainers were Asian Paints, Sun Pharma, Dr Reddy s Laboratories, HUL shares . Top Sensex losers were PowerGrid, Ultratech Cement, Axis Bank, and IndusInd Bank falling up to 2%.

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Stocks To Watch In Trade Today (April 7, 2021): Axis Bank, Reliance Industries, Bharti Airtel, Barbeque Nation

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 Bank has become co-promoter of Max Life Insurance Company after completing the acquisition of 12.99 per cent stake collectively by the Axis Entities in the company, Axis Bank said in a regulatory filing to the stock exchanges.

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Axis Bank, subsidiaries acquire over 12% in Max Life, become co-promoters

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 February this year, the bank said in a statement. Max Life s holding company Max Financial Services and Axis Bank had first announced their intent to bring in the latter as a strategic partner in Max Life in February 2020.

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