Paytm’s latest foray into insurance is a sign of the emerging model During the week, Paytm announced plans to acquire 100% stake in Raheja QBE Insurance for Rs.568 crore. This is the first case of a digital platform buying into an insurance originator. Here is what the deal is all about and why it is…
LIC and BPCL may be tough sell, but buybacks are not the answer As we enter the fourth month of the fiscal year 2020-21, it is time to look back at where the government stands with respect to its disinvestment targets. Of course, the first quarter was a freak quarter, but targets are still targets.…
What Mukesh Ambani overtaking Buffett actually means? Even 5 years back, it would have been hard to conceive an Indian businessman overtaking Warren Buffett in terms of wealth. But that is what happened on 10 July when Mukesh Ambani overtook Buffett to emerge seventh richest. Reliance price effect As on July 10, Mukesh Ambani with…
