India is developing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs of its growing elderly population. Industry experts are advocating for a dedicated task force, streamlined regulations, and financial incentives like GST rationalization and reverse mortgages to boost the senior living sector.
Samvardhana Motherson shares rally over 7% after Q1 earnings; Motilal Oswal, Nomura weigh in
Samvardhana Motherson International shares surged after the company posted record Q1 FY27 revenue of ₹35,244 crore (up 17% YoY) and a 70.1% YoY jump in