WestBridge Capital has boosted its stake in Star Health and Allied Insurance with a $12 million investment, even as it navigates regulatory approval for a new general insurance venture, Kiwi. The private equity firm clarified its Star Health investment was disclosed to Irdai during Kiwi’s licensing process, adhering to promoter guidelines.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created