IRDAI has expanded insurers’ investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, reverse repo and government securities lending transactions. The changes aim to improve investment flexibility and liquidity while setting exposure caps, eligibility criteria and disclosure requirements. The regulator has also revised limits for investments in promoter group companies.
Maruti Suzuki Q1 profit drops 11% to Rs 3,352 crore amid rising input costs
Maruti Suzuki reported an eleven percent profit decline in the June quarter. Rising input costs, aggravated by West Asia hostilities, impacted profitability significantly. However, net