Tag Archives: acquire

[ad_1] Axis Bank’s board has approved the purchase of an additional 29% stake in Max Life Insurance, which will raise the private lender’s total stake in the insurer to 30%. Max Financial Services currently owns a 72.5% interest in Max Life and Mitsui Sumitomo Insurance (MSI) has a 25.5% interest. …

[ad_1] The Indian Energy Exchange (IEX), the power trading platform, is planning to acquire a 15 per cent stake in the Reliance ADAG-anchored Indian Commodity Exchange (ICEX) for Rs 150 crore, according to people in the know. The sources said talks between the two are in an advanced stage but …