Kiwi General Insurance, supported by Westbridge Capital, has received initial approval from the insurance regulator, IRDAI, signaling the commencement of its licensing journey. IRDAI has also established panels to investigate share transfers and regulatory breaches. Furthermore, the regulator assessed the advancement of the Risk-Based Capital regime, taking into account insurer feedback.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid