Stocks in news: Axis Bank, Paytm, ABFRL, ICICI Pru Life, Shivalik Rasayan

economictimes.indiatimes.com:

Axis Bank, Paytm, ABFRL, ICICI Pru Life, Shivalik Rasayan

Axis Bank
Private equity major Bain Capital exited Axis Bank after selling the remaining 1% stake in the lender through the open market for Rs 3,574 crore.

Patanjali
Following the controversy surrounding misleading advertisements by Patanjali, Baba Ramdev and Acharya Balkrishna have submitted affidavits to the Supreme Court, offering «unconditional, unqualified» apologies.

Read more: Here's the trade setup for today's session

Paytm
Paytm Payments Bank managing director and chief executive officer Surinder Chawla has resigned from the company, One 97 Communications, an associate entity of the bank and holding company of Paytm, said.

ICICI Pru Life
ICICI Pru Life Insurance has received a demand order from the GST department for Rs 20.5 crore for the financial year 2018-19.

ABFRL
The company has incorporated a new subsidiary Aditya Birla Lifestyle Brands for the purpose of proposed demerger of Madura Fashion and lifestyle business of the company.

Lupin
Lupin launched its first generic version of Oracea skin treatment capsules in the United States.

Shivalik Rasayan
US FDA has completed the inspection of Shivalik Rasayan's Dahej-based API facility and issued 7 observations.