Bengaluru, July 16 -- The shares of a leading financial services conglomerate were in focus after receiving regulatory approval from the Insurance Regulatory and Development Authority of India (IRDAI) to acquire the remaining 26% stake held by its foreign partner in both its life and general insurance joint ventures.

With a market capitalization of Rs 3,22,974 Crores, the share price of Bajaj Finserv Ltd remained flat in Wednesday's trading session and hit an intraday high of Rs 2041.35 per share from the previous day's closing price of Rs 2037.45 per share.

What's the News Bajaj Finserv Ltd has received regulatory approval from IRDAI to acquire Allianz SE's 26% stake in its two insurance joint ventures, Bajaj Allianz Life Insurance and...