Bharti AXA Life Insurance Company may change hands.
There is a news going around that
“Mukesh Ambani-controlled Reliance group is planning to foray into the insurance sector, and is in negotiations with Sunil Mittal-led Bharti to buy its stake in its joint venture with Axa, a French financial group.
Our impression is that this will happen with Bharti AXA Life Insurance as well as Bharti AXA General Insurance as both Co’s are having same promoters. Let us wait and watch.
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