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Policy● Neutral for Indian equities
BJP MP urges PM Modi to create a safety net for insurer failures
The brief
- Gopchade proposed a policyholders’ protection framework covering life, long-term and general insurance
- A proposed safety net could shape protections and obligations for Indian life and general insurers
- PC Jeweller clears dues to all 14 consortium banks and becomes debt-free
- Adani Power share price jumps after receipt of NCLT nod for merger of 10 wholly owned subsidiaries