JPMorgan bullish on life insurers; initiates Max Financial at Overweight

Within the sector, Max Financial Services is JPMorgan's top pick, followed by SBI Life, HDFC Life, ICICI Prudential Life and ...
Reuters

Max Financial calls off merger with HDFC Standard Life Insurance

(Reuters) - India's Max Financial Services on Monday called off its proposed merger with HDFC Standard Life Insurance Co Ltd, citing delays in the process. The proposal to merge Max Life with parent ...