IRDAI’s common empanelment drive is underway, with insurers onboarding 4,000 – 5,000 hospitals for a cashless network. With the PMJAY pricing model expanding its reach in the health insurance space, ETBFSI spoke to insurers to understand how this shift could…
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Britannia’s MD Varun Berry anticipates a gradual demand recovery extending into next year, emphasizing revenue and volume growth as key targets for this fiscal year. Despite recent price increases to combat inflation, the company hopes for healthy growth in both…
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As per market research firm Canalys, the average selling price of AI smartphones has fallen by 39% on-year in the March quarter to $994 from $1,140 a year ago.
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Motilal Oswal and Raamdeo Agrawal invested $100 million in Zepto through a secondary transaction, valuing the company at $5 billion. This move increases Zepto’s domestic shareholding to over 35% as it prepares for an IPO. The founders’ investment is part…
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President Trump’s plan to lower US prescription drug prices by aligning them with other countries could impact Indian pharmaceutical companies, which heavily rely on the US market for revenue. While primarily targeting innovator drugmakers, the move may squeeze Indian generic…
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The RBI’s substantial dividend payout to the government, fueled by strong earnings from forex reserve deployment and dollar sales, is set to inject significant liquidity into the banking system, potentially reaching Rs 6 lakh crore.
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