Shares of Life Insurance companies took a dip, falling as much as 8% on the BSE on Thursday after reports suggested that the insurance regulator IRDAI is considering limiting a parent bank’s contribution to an insurer’s total bancassurance business.
Vedanta seeks $450 million to repay top-performing junk bonds
Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to