The competition watchdog, in its letter dated August 3, is reported to have raised the point that the combined entity will enjoy “unparalleled” bargaining power and can increase the prices of channels as well as earn higher profits.
ICICI Prudential Life Q3 Results: PAT jumps 19% YoY to Rs 397 crore, net premium income drops 4%
ICICI Prudential Life reported a 19% YoY rise in Q3 PAT to Rs 387 crore even as net premium income fell 3.7%. VNB touched Rs