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MITSUI SUMITOMO INSURANCE
Japan signs first $2.2 billion loan under $550 billion US investment pledgeJapan has initiated its $550 billion U.S. investment pledge with a $2.2 billion loan for initial projects, including an oil export facility...- Max Financial in talks to sell 10% stake for Rs 1,200crHero Corp leads the race; Founding member Analjit Singh in talks to raise as much as Rs 1,200 cr
- HDFC board gives green signal to HDFC Life-Max mergerHDFC also said that post-merger its shareholding in HDFC Standard Life would be 42.5% and consequently the insurance firm would cease to be...
- Axis Bank buys 4.99% stake in Max Life InsuranceIndia’s third largest private lender – Axis Bank has bought 4.99% stake in Max Life Insurance for Rs 95.75 crore. The bank now owns 5.99% s...
- Government may allow power companies to index rupee debt with global currenciesGoyal said that the government is considering allowing power companies to index rupee debt with global currencies to attract cheaper long-t...
- Tube Investments climbs 11% on stake sale in insurance JVAXA in May announced its intentions to increase its stake in Bharti AXA Life Insurance. UK's Bupa too has raised its stake in Max Bupa JV.
- Board approves sale of Chola MS stake for Rs 883 croreBoard of Murugappa Group company Tube Investments has approved sale of 14 per cent stake in Cholamandalam MS General Insurance for Rs 882.6...
- Max India in talks with PE firms to sell 22% stake in Max Life InsuranceMax India is in talks with four private equity firms for the sale of a 22 per cent stake in Max Life Insurance, two people familiar with th...
- Reliance Capital ropes in Japan's Sumitomo Mitsui to open a new bank in IndiaThe investment is being made at Rs 530 per share, representing a premium of over 11 per cent to the stock price of relevant date of Relianc...
- Anil Ambani and Mukesh Ambani led Reliance group companies tie up with two Mitsui firms from JapanBoth the deals, announced within a gap of few hours, materialised within months of PM Modi pitching for stronger biz ties between the two o...
- Reliance Capital rallies 3% on stake sale reports to Sumitomo MitsuiThe deal signals bullishness among Japanese cos that seem keen to invest in sectors ranging from pharma to financial services in Asia's 3rd...
- Sumitomo Mitsui may pick up 10% in Reliance Capital for Rs 2,400 croreA deal with Sumitomo Mitsui, if consummated, will be the 2nd-largest investment by the Japanese co in the group and the 4th in the Indian f...
- Max Life Insurance announces maiden interim dividend of 5.1 per centPrivate insurer Max Life Insurance today announced its maiden interim dividend of 5.1 per cent for its shareholders.
- Max plans to sell 5% in life insurance JV with MitsuiMitsui became a partner in Max Life Insurance in April this year, buying out the stake of US-based New York Life Insurance.
- Max Life Insurance proposes maiden dividend for shareholdersMax Life Insurance has proposed first ever dividend for its shareholders, a development comes nearly a month after induction of new foreign...
- Max New York Life net profit up by 159% to Rs 733 crMax New York Life posted net profit of Rs 733 cr up 159% in 2011 -12 from previous year mainly due to cost management and lower growth in n...
- Japan's Mitsui Sumitomo Insurance Company to buy 26% stake in Max New York LifeMitsui Sumitomo Insurance Co agreed to buy out New York Life's 26% stake in its life insurance joint venture with Max India.
- Mitsui Sumitomo picks up 26% stake in Max New York Life, Max India makes Rs 800 cr gainsNew York Life sold part of its 26% stake directly to Mitusi Sumitomo & partly to Max India, which in turn sold a part to Japanese partner.
- 3 Japan insurers in merger talksJapan's No. 2 non-life insurer, Mitsui Sumitomo Insurance Group Holdings Inc., is in merger talks with two smaller rivals to create the cou...
- Japan's three major non-life insurers eye merger: ReportMitsui Sumitomo Insurance Group Holdings and its two rivals are considering an integration of their operation to become Japan's biggest non...
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