Life Insurance Corp (LIC) is poised to reveal its March quarter earnings today. Investors are keenly awaiting insights into new business growth, profit margins, and market share trends amidst escalating competition. Brokerages anticipate robust premium growth, driven by a favorable product mix and a strategic shift towards non-participating policies, signaling a positive outlook for the insurance giant.
Paytm block deal: SAIF Partners, others likely to sell stake
Paytm’s existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set