Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
Axa's stakes have climbed from 26% to 49% in Bharti Axa Life Insurance and Bharti Axa General Insurance respectively; the combined deals are worth around 12.9bn rupees (£132m).
India is expecting a
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