Question
Axis Bank will infuse _________ in Max Life Insurance
through preferential allotment, which will result in the private sector lender’s direct stake in the life insurer increasing to 16.22 per cent and the collective stake of Axis Entities increasing to 19.02 per cent.Solution
Axis Bank will infuse Rs 1,612 crore in Max Life Insurance through preferential allotment, which will result in the private sector lender’s direct stake in the life insurer increasing to 16.22 per cent and the collective stake of Axis Entities increasing to 19.02 per cent.  This infusion will help Max Life support its future growth ambitions, augment its capital position, and improve solvency margins.     Currently, Axis Entities holds a 12.99 per cent stake in Max Life and Max Financial Services holds 87 per cent. After the transaction, Max Financial’s stake in the life insurance company will come down to 80.98 per cent.
Which of the following letters should be placed in the blank spaces respectively (in the same order from left to right) to complete the given expression...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statement: P < Q; V < S > T; V < U > Q
Conclusion: I. T ≥ P      II. P > T
Statement: D < I < J = M = NÂ `>=` R > X
  Conclusion: I. J > X           II. D < N
...What should come in the place of question mark, in the given expressions to make ‘M < J’ always true?
M = N ≤ O = P ? K= J
Study the following information carefully and answer the questions given below:
Statements:
Q = B > J, Q = U ≤ V, X ≤ V
Conc...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements:
A ≤ J ≤ K = M; Y ≥ Z > A
Conclusions:
I. J ≤ Z
II. Z ˃ Y
Statement: S > P, P ≥ U, U > V, V ≤ N
Conclusion: I. N ≥ U II. S < N
Statements: R % B, B & T, T @ E, E % G
Conclusions : I. T $ R II. R @ E III. B @ G
...
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