HDFC, Max Financial Say No Communication From Government On Merger
Business | Press Trust of India | Wednesday May 24, 2017
"With reference to scheme of amalgamation involving HDFC Life, Max Financial Services, Max Life Insurance and Max India, the Corporation (HDFC) has not received any independent confirmation in this regard from any regulator/government authority," HDFC said in a regulatory filing.
Sensex Rises; Reliance Industries Surges Over 3%
Business | Thomson Reuters | Friday April 21, 2017
Reliance Industries Ltd rose as much as 3.5 percent and was the biggest gainer on the NSE index, after the company commissioned a project to produce paraxylene at Jamnagar in Gujarat.
Goldman Unit Launches Up To $82 Million Block Deal In Max Financial: Report
Business | Thomson Reuters | Monday February 20, 2017
The deal can be upsized by up to $41.1 million through the sale of an additional up to 5 million shares, the term sheet showed.
Buy Cipla, SBI, Max Financial; Avoid Infosys: Ruchit Jain
Business | Friday November 11, 2016
Nifty fell close to its 200-day moving average in trades on Wednesday and it has recovered from lower levels which indicates that the corrective phase is behind us, says Ruchit Jain, equity technical analyst at Angel Broking.
Max Life, HDFC Life Merger To Be Completed In 12 Months: Report
Business | Press Trust of India | Thursday September 29, 2016
With Max Financial Services getting approval for merger from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.
HDFC, Max Financial In Spotlight After Merger Of Life Insurance Business
Business | NDTV Profit Team | Tuesday August 9, 2016
Shares of HDFC and Max Financial Services were in spotlight today. HDFC's live insurance arm HDFC Standard Life Insurance reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC Life Reaches Deal With Max To Create Rs 65,000-Crore Insurer
Business | Reuters | Monday August 8, 2016
HDFC Standard Life Insurance Co Ltd reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create India's top private life insurer valued at nearly $10 billion (around Rs 65,000 crore).
Max India To Get Listed On Bourses On July 14
Business | Press Trust of India | Wednesday July 13, 2016
The new Max India Ltd will be listed on the stock exchanges on July 14, becoming the third company of the group to be traded on the bourses following the demerger.
Max Financial Surges 24% In 2 Days On HDFC Life-Max Life Merger Talks
Business | NDTV Profit Team | Monday June 20, 2016
Analysts say that the product portfolio of both Max Life and HDFC Standard Life complement each other.
Analysts Explain Why HDFC Life, Max Life Insurance Are Merging
Business | NDTV Profit Team | Friday June 17, 2016
HDFC Standard Life Insurance on Friday said it has agreed with Max Financial Services and subsidiary Max Life Insurance to open exclusive merger talks, as the trio target an increased share of domestic insurance market. Shares of Max Financial Services and HDFC rallied sharply today.
Max Financial Services Shares Zoom 20% On Merger With HDFC Life
Business | Press Trust of India | Friday June 17, 2016
Shares of Max Financial Services soared 20 per cent to touch its highest trading permissible limit of the day as the company and Max Life Insurance will merge into HDFC Standard Life Insurance.
Max Life, HDFC Standard In Pact To Create India's Biggest Private Life Insurer
Business | NDTV Profit Team | Friday June 17, 2016
According to analysts, the merger between Max Life and HDFC Life will create a behemoth with a market cap of Rs 50,000 crore.
Max Financial Services Shares Rally On Buzz Of Merger With HDFC Life
Business | NDTV Profit Team | Friday June 17, 2016
Max Financial Services shares rallied nearly 19 per cent on Friday after a media report speculated that the insurer is in talks with HDFC Life for merger.
Bupa Completes Acquisition Of Additional 23% Stake In Max Joint Venture
Business | Press Trust of India | Monday June 13, 2016
Global healthcare group Bupa has completed a transaction to pick up another 23 per cent stake in its Indian joint venture Max Bupa for Rs 206.54 crore.
Private Equity Giant KKR Buys 10% Stake in Max Financial
Business | Thomson Reuters | Thursday February 18, 2016
Max Financial Services owns a 72 per cent stake in India's fourth-largest private life insurer Max Life.
HDFC, Max Financial Say No Communication From Government On Merger
Business | Press Trust of India | Wednesday May 24, 2017
"With reference to scheme of amalgamation involving HDFC Life, Max Financial Services, Max Life Insurance and Max India, the Corporation (HDFC) has not received any independent confirmation in this regard from any regulator/government authority," HDFC said in a regulatory filing.
Sensex Rises; Reliance Industries Surges Over 3%
Business | Thomson Reuters | Friday April 21, 2017
Reliance Industries Ltd rose as much as 3.5 percent and was the biggest gainer on the NSE index, after the company commissioned a project to produce paraxylene at Jamnagar in Gujarat.
Goldman Unit Launches Up To $82 Million Block Deal In Max Financial: Report
Business | Thomson Reuters | Monday February 20, 2017
The deal can be upsized by up to $41.1 million through the sale of an additional up to 5 million shares, the term sheet showed.
Buy Cipla, SBI, Max Financial; Avoid Infosys: Ruchit Jain
Business | Friday November 11, 2016
Nifty fell close to its 200-day moving average in trades on Wednesday and it has recovered from lower levels which indicates that the corrective phase is behind us, says Ruchit Jain, equity technical analyst at Angel Broking.
Max Life, HDFC Life Merger To Be Completed In 12 Months: Report
Business | Press Trust of India | Thursday September 29, 2016
With Max Financial Services getting approval for merger from minority shareholders, the amalgamation of Max Life and HDFC Life is likely to be completed in the next 12 months.
HDFC, Max Financial In Spotlight After Merger Of Life Insurance Business
Business | NDTV Profit Team | Tuesday August 9, 2016
Shares of HDFC and Max Financial Services were in spotlight today. HDFC's live insurance arm HDFC Standard Life Insurance reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC Life Reaches Deal With Max To Create Rs 65,000-Crore Insurer
Business | Reuters | Monday August 8, 2016
HDFC Standard Life Insurance Co Ltd reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create India's top private life insurer valued at nearly $10 billion (around Rs 65,000 crore).
Max India To Get Listed On Bourses On July 14
Business | Press Trust of India | Wednesday July 13, 2016
The new Max India Ltd will be listed on the stock exchanges on July 14, becoming the third company of the group to be traded on the bourses following the demerger.
Max Financial Surges 24% In 2 Days On HDFC Life-Max Life Merger Talks
Business | NDTV Profit Team | Monday June 20, 2016
Analysts say that the product portfolio of both Max Life and HDFC Standard Life complement each other.
Analysts Explain Why HDFC Life, Max Life Insurance Are Merging
Business | NDTV Profit Team | Friday June 17, 2016
HDFC Standard Life Insurance on Friday said it has agreed with Max Financial Services and subsidiary Max Life Insurance to open exclusive merger talks, as the trio target an increased share of domestic insurance market. Shares of Max Financial Services and HDFC rallied sharply today.
Max Financial Services Shares Zoom 20% On Merger With HDFC Life
Business | Press Trust of India | Friday June 17, 2016
Shares of Max Financial Services soared 20 per cent to touch its highest trading permissible limit of the day as the company and Max Life Insurance will merge into HDFC Standard Life Insurance.
Max Life, HDFC Standard In Pact To Create India's Biggest Private Life Insurer
Business | NDTV Profit Team | Friday June 17, 2016
According to analysts, the merger between Max Life and HDFC Life will create a behemoth with a market cap of Rs 50,000 crore.
Max Financial Services Shares Rally On Buzz Of Merger With HDFC Life
Business | NDTV Profit Team | Friday June 17, 2016
Max Financial Services shares rallied nearly 19 per cent on Friday after a media report speculated that the insurer is in talks with HDFC Life for merger.
Bupa Completes Acquisition Of Additional 23% Stake In Max Joint Venture
Business | Press Trust of India | Monday June 13, 2016
Global healthcare group Bupa has completed a transaction to pick up another 23 per cent stake in its Indian joint venture Max Bupa for Rs 206.54 crore.
Private Equity Giant KKR Buys 10% Stake in Max Financial
Business | Thomson Reuters | Thursday February 18, 2016
Max Financial Services owns a 72 per cent stake in India's fourth-largest private life insurer Max Life.
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