Also known as: Axis Capital
AXIS Capital is a global specialty insurer and reinsurer providing insurance and reinsurance solutions across a broad range of lines. The company serves clients internationally with a focus on specialty underwriting and disciplined risk management.
Novartis India shares hit upper circuit after Swiss parent agreed to sell 70.68% stake to ChrysCapital-led consortium for Rs 1,445.89 crore. Meanwhile, Novartis AG shares have returned 35.5% over one year, trading at CHF126.46.
Swiss pharmaceutical major Novartis AG has signed a definitive agreement to sell its entire 70.68% stake in Novartis India to a ChrysCapital-led consortium for Rs 1,446 crore, with a mandatory open offer for an additional 26% from public shareholders.
