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    <title>CCI approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited in Max Life Insurance Company Limited</title>
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    <description>The Competition Commission granted approval for Axis Bank to raise its stake in Max Life Insurance to approximately 9.9%, and for Axis Capital and Axis Securities to acquire around 2% and 1% respectively, noting the parties&#039; respective businesses in banking, investment banking, broking and life insurance; a detailed CCI order will follow.</description>
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      <description>The Competition Commission granted approval for Axis Bank to raise its stake in Max Life Insurance to approximately 9.9%, and for Axis Capital and Axis Securities to acquire around 2% and 1% respectively, noting the parties&#039; respective businesses in banking, investment banking, broking and life insurance; a detailed CCI order will follow.</description>
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