PB Fintech Share Price: Shares of PB Fintech, parent of Policybazaar, surged by 3.5% on BSE after a likely 2.1% equity stake sale worth Rs 1,610 crore via a block deal, with Tencent reportedly being the seller. The stock has delivered impressive returns over the past year and reported a consolidated net profit of Rs 60 crore for Q1 2024.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.