The Insurance Regulatory and Development Authority of India (Irdai) has mandated that insurers cannot increase health insurance premiums for senior citizens by more than 10% annually. This directive aims to address the steep premium hikes observed in certain health insurance products for those aged 60 and above.
BofA Securities enters Kaynes Technologies via Rs 42 crore block deal; stock down 48% in six months
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit