M Pallonji Group and Divya Sehgal of True North have sought regulatory consent to establish a general insurance venture. If sanctioned, M Pallonji will hold 51% stake and launch with an initial ₹200 crore investment. This move marks a significant corporate-backed entry in India’s insurance sector.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of