MCX shares slipped sharply as investors booked profits following a strong rally driven by robust Q1 earnings and a stock split announcement. The exchange posted record quarterly revenue and an 83% YoY jump in net profit, supported by higher trading volumes and product expansion.
Insurers plan performance-linked battery cover as EVs gain traction
Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed,