Mukesh Ambani buys out Bharti in insurance venture Bharti Axa
Bharti Enterprises said it will sell its entire interest in its two joint ventures with AXA, both Life and General Insurance, to Reliance Industries Ltd, controlled by Mukesh Ambani. “Currently, the financial services ventures do not fit into Bharti’s long term growth plans. Bharti intends to use the proceeds from selling off its interests in […]