Articles for tag: Crore, Divests, Dramatically, Financial, Fluctuations, Market, Max, promoter, Reducing, Services, Shareholding, Stake, Ventures

Market News

Max Ventures divests 3.18% stake in Max Financial Services for ₹1,218 crore, reducing promoter shareholding dramatically amid market fluctuations.

Max Ventures divests 3.18% stake in Max Financial Services for ₹1,218 crore, reducing promoter shareholding dramatically amid market fluctuations.

Max Ventures Investment Holdings, a promoter of Max Financial Services Ltd (MFSL), recently sold a 3.18 percent stake in the company for Rs 1,218 crore through an open Market transaction. This sale involved the disposal of 11 million shares at an average price of Rs 1,107.37 each. Following this transaction, the combined shareholding of the ...

Market News

Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.

Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.

Sanlam Ltd., Africa’s largest insurer, is set to expand into India’s rapidly growing asset and wealth management sector. Building on its initial partnership with Shriram Capital Group established in 2005, Sanlam plans to launch a joint venture that focuses on wealth and advisory services. CEO Paul Hanratty highlighted that many Indians are starting to save ...

Market News

Star Health Ventures International: A Bold Move for Global Reinsurance

Star Health Ventures International: A Bold Move for Global Reinsurance

Star Health and Allied Insurance aims to enhance its international presence by collaborating with insurers in Africa and West Asia for inward reinsurance opportunities through GIFT City, as announced by MD and CEO Anand Roy. With approval to set up an international office at GIFT City, Star Health plans to offer reinsurance and concierge claim ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto