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JioBlackRock Flexi Cap Fund exits Adani Enterprises, Adani Ports and 3 other companies; adds Tata Motors and 14 more stocksJioBlackRock Flexi Cap Fund exited Adani Enterprises, Adani Ports and three other stocks in May while adding Tata Motors and 14 new stocks ...- Max Financial Services shares surge 10% on promoter Axis Bank’s stake purchase, Q1 earningsMax Financial Services also reported its June quarter earnings where the financial services entity reported over 47% year-on-year (YoY) jum...
- Axis Bank stake in Max Life Insurance likely to rise to 20% in 6-9 months: CEO Prashant TripathyCurrently, Axis Bank and its two subsidiaries - Axis Capital Ltd and Axis Securities Ltd - collectively own 12.99 per cent of Max Life Insu...
- Max Life AUM crosses Rs 1 lakh crore, grows 6 times in over a decadeThe private sector life insurer said it has witnessed a notable six-times growth in its annualised AUM over the past 11 financial years.
- Max Financial Q2 results: Net profit up 26% at Rs 81 crThe profit grew by 26 per cent due to reversal of impairment loss on investments, the company said in a statement.
- Max Financial Q1 results: Net profit jumps over 3-fold to Rs 182 crMFSL had posted a net profit of Rs 54.24 crore in the corresponding April-June period of the previous fiscal.
- Axis Bank set to pick up over 20% in Max LifeThe proposed deal is aimed at building a strategic and long-term relationship with Axis Bank.
- Max Financial consolidated net profit up 52 per cent at Rs 160 croreThe consolidated revenues grew by 26 per cent to Rs 3,349 crore, the company said in a release.
- Max India gets shareholders' nod for composite merger planThe decision follows postal ballot result. The company passed an ordinary resolution to approve the process.
- 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...
- Max Life promoters negotiating non-compete fee with HDFCMinority shareholders of Max Financial Services will have to approve fee to be paid by HDFC Life to MFS promoters.
- What the deal means for Max shareholdersThe merged entity will emerge as the biggest private insurance player in the country. A few key factors would play a role in deciding the v...
- HDFC Life's IPO plan put on hold post-merger deal with Max"The IPO plan of HDFC Life has been temporarily put on hold until the due diligence of this deal is done to ascertain whether it will go th...
- Max Financial Q3 profit before tax at Rs 127 croreMax Financial Services, the first to be listed following the de-merger of erstwhile Max India, posted profit before tax of Rs 127 crore for...
- Max India Q2 profit before tax up 26 per cent at Rs 117 croreThe company reported a 47 per cent increase in consolidated revenue to Rs 3,291 crore in the period under review as against the same period...
- Max Life Insurance FY14 profit after tax up 3 per cent at Rs 436 croreThe company's New Business Premium saw a growth of 19 per cent at Rs 2,262 crore in FY14, compared to Rs 1,899 crore last year.
- Max Life profit up 17% at Rs 860 cr in FY'13Private sector Max Life Insurance today reported 17 per cent rise in profit before tax at Rs 860 crore for the year ended March 2013.
- Max Life Insurance April-December profit before tax at Rs 657 croreMax Life Insurance reported a 15 per cent rise in profit before tax (PBT) at Rs 657 crore in the first nine months (April-December) of the ...
- Max Life Insurance H1 profit before tax up 6% to Rs 398 croreMax Life Insurance posted 6% growth in net profit before tax of Rs 398 crore.
- Ulips may help life cos eclipse MFs as top investors on Dalal StreetWith Rs 6.1 lakh crore of total assets under management, Life Insurance Corpn has already topped those of the entire mutual fund industry.
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