He invested $10,600 in Warren Buffett’s Berkshire Hathaway in 1980. Now, Stewart Horejsi is a billionaireStewart Horejsi invested $10,600 in Warren Buffett’s Berkshire Hathaway in 1980. Decades later, the early investment helped turn the Kansas...
IRDAI eyes January 2028 beta launch of Public Insurance Registry: Chairman Ajay SethIRDAI is working on a Public Insurance Registry to enhance insurance data sharing among stakeholders. The beta version is scheduled for Jan...
India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
Redington could gain as memory shortage reshapes ICT distribution; brokerage sees 20% upsideDAM Capital has re-initiated coverage on Redington with a Buy rating and a target price of Rs 470, implying nearly 20% upside. The brokerag...
Insurance stocks are down 20%, but Anil Ghelani sees a contrarian opportunity. Here’s whyThe proposed changes to commissions and distribution by the Insurance Regulatory and DevelopmentAuthority of India (IRDAI) have added to in...
Ensure protests don't affect businesses: Traders' bodies write to PM, CJI, Rahul GandhiLeading traders' bodies in Delhi have communicated with political leaders regarding the impact of protests on businesses. They emphasize th...
The Odyssey OTT release date and platform details: When and where to watch Christopher Nolan's box office hit in IndiaChristopher Nolan's highly anticipated film The Odyssey is set to launch for digital viewing. This adaptation chronicles Odysseus' challeng...
Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond DiwaliShares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Di...
ICICI Prudential AMC Q2 Results: Profit rises 6% YoY to Rs 889 crore; co declares Rs 30/share dividendICICI Prudential AMC reported a 6.1% year-on-year rise in Q2 FY27 net profit to Rs 889 crore, while revenue from operations grew 16.3% to R...
NCB seizes 53.9 kg methamphetamine worth Rs 43 crore in GuwahatiThe Narcotics Control Bureau in Guwahati carried out an operation resulting in a significant drug seizure. Officers intercepted two trucks ...
Health ministry proposes curbs on prescription drug ads by retailers, wholesalers and distributorsThe union health ministry has proposed extending advertising restrictions on prescription drugs to retailers and distributors. This change ...
Pharmacies, drug distributors may need approval to advertise prescription medicinesThe Union health ministry aims to restrict advertising of prescription drugs by retailers and distributors, requiring prior government appr...
IRDAI may roll out insurance commission caps from January, overhaul distribution rulesIndia's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed ...
IRDAI and the avoidable art of regulatory jaywalkingThe recent policy adjustments by IRDAI have led to a marked decline in investor confidence and value within the insurance industry. The tra...
PB Fintech extends losing streak to 7 sessions, stock hits 32-month lowPB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Following a consultation paper from Irda...
IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remainRules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behavio...