Saturday, 11 June 2011
Reliance Industries to buy Bharti's stake in AXA
Reliance Industries to buy Bharti's 74% stake in Bharti AXA Life and General insurance. Valve of deal might be 1665 crore Rs. This buying leads to RIL maidan foray into retail financial services
Aviva Life insurance comes in profit
Aviva Life insurance comes in profit with profit of 29 crore for the year ended March 2011. It comes 1st time in profit since its inception in 2002. Company Reptorted loss of 345 crore previous year
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