Stocks to Watch: Axis Bank, Allcargo Logistics, Future Retail, IRB Infra, ONGC
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New Delhi, Aug. 25 -- Here's a list of top ten stocks that may be in news on Tuesday.
Axis Bank: The private sector lender will acquire 17% stake in Max Life Insurance instead of the 29% proposed earlier as per a revised deal. Axis Bank currently holds about 1% stake in Max Life and is the biggest banking channel partner for the distribution of the insurer's products. Products sold through the bank reportedly account for 54% of Max Life's revenues.
Adani Enterprises: Billionaire Gautam Adani's Adani Group is in talks to buy out GVK and some of its partners in the Mumbai Airport as it aims to become the country's biggest private airport operator, PTI reported quoting sources. Adani Group is in talks to acquire a 50.5% stake held by GVK G...
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