The Insurance Regulatory and Development Authority of India (Irdai) said it has observed “with serious concern” a surge in advertisements across media platforms that are “misleading, deceptive and not in compliance” with regulations. Claim-settlement ratios are being presented in a manner that suggests minimal rejections even though actual numbers in regulatory filings tell a different story.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000