India’s insurance regulator, IRDAI, has issued a show cause notice to Care Health Insurance, a subsidiary of Religare Enterprises, regarding the grant of stock options to Rashmi Saluja, who serves as the chairperson of Religare. The notice alleges that Care Health Insurance violated IRDAI directions by issuing stock options to Saluja despite prior refusal in May 2022. Saluja, an executive chairperson at Religare, was granted these options as an employee, though she is a non-executive director at Care.
Vanguard’s India Portfolio: 12 stocks surge up to 190% in CY26; 3 multibaggers, 3 new entrants
Vanguard Funds’ Indian portfolio saw strong gains in CY26, with 11 stocks rising up to 189%. The fund also added three new companies during the
August 29, 2026