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BusinessPB Fintech experienced a sharp 36% drop in share price following IRDAI's proposal to change insurance commissions and distribution economics. This decline wiped out over ₹31,400 crore in market value. The company's stock remained volatile the following day amid ongoing investor concerns about the regulatory impact.
The Economic Times·14h ago·Gurugram
BusinessGlobal venture capital firm Accel, which recently raised $550 million for its ninth India-focused fund, has successfully scripted an exit exceeding $150 million from its India portfolio. This milestone highlights Accel's continued strong performance and commitment to investing in local startups within India.
Vccircle·12h ago
PoliticsSenior BJP leader Sanjay Tandon has welcomed Mahendra Pandey as the new BJP in-charge for Chandigarh. This appointment is part of the BJP's organizational efforts as it prepares for the upcoming December elections, aiming to strengthen its presence and campaign in the region.
Rozana Spokesman·12h ago·Chandigarh
PoliticsA Nepalese minister has called on wealthy countries to bear the financial burden of climate change impacts. The country has suffered severe losses with over 1,400 deaths, 6,000 people missing, and economic damages amounting to billions of dollars due to climate-related disasters.
Ewn·12h ago
PoliticsA petition filed in the Bombay High Court challenges the Maharashtra Special Identification Register (SIR), alleging that the Election Commission misused its powers by deleting voters. The petition claims this action contradicts previous Supreme Court rulings and seeks restoration of the removed voters from the register.
News 18·12h ago·Mumbai
PoliticsSenior Kerala BJP leaders V Muraleedharan and PK Krishnadas were overlooked for state in-charge roles, causing discontent within the party. The assignments sparked dissatisfaction among key members, highlighting internal tensions in the Kerala BJP leadership. The party's decision on these roles has led to notable unrest among senior leaders.
Mathrubhumi English·12h ago
The Economic Times·14h ago·Gurugram
PB Fintech experienced a sharp 36% drop in share price following IRDAI's proposal to change insurance commissions and distribution economics. This decline wiped out over ₹31,400 crore in market value. The company's stock remained volatile the following day amid ongoing investor concerns about the regulatory impact.
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