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Bupa to up stake in Max India to 49%

Last Updated: Friday, March 13, 2015, 19:16

UK-based healthcare group Bupa will increase its stake in Max Bupa from 26 percent to 49 percent, said the company Friday a day after Parliament approved the law to hike foreign investment cap in the insurance sector.

Bupa Insurance to raise stake in Max Bupa to 49%

Last Updated: Monday, January 5, 2015, 13:38

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.