ICICI Prudential Life Insurance plans to raise ₹1,200 crore via subordinated debt, exercising a call option on an existing issue due in November 2025. The insurer’s solvency ratio, currently 213.2%, will remain comfortably above the regulatory 150% threshold even after this move.
IndiGo, SpiceJet shares rally up to 4% as crude oil prices fall below pre-war levels after 46% crash
Aviation stocks, including IndiGo and SpiceJet gained after crude oil prices declined sharply as supply concerns eased following progress in the Iran conflict. Lower fuel