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Ola Electric Launches QIP To Raise Funds, Sets Floor Price At Rs 37.74 Per Share
A QIP is a capital-raising tool used by publicly listed companies to issue shares or convertible securities exclusively to Qualified Institutional Buyers or QIBs.
Retail health premium growth rises to 31% YoY in April 2026, anchoring non-life insurance sector: Kotak Institutional Securities
Indian non-life insurance saw robust growth in April 2026. Retail health premiums surged 31 percent year-on-year. Motor insurance also performed well. Private players and standalone health insurers are gaining market share from public sector companies. Commercial lines faced challenges, though marine and engineering segments showed resilience. This indicates a dynamic shift in the insurance landscape.
Bajaj Auto board to consider share buyback on May 6
Bajaj Auto's board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The trading window for company securities remains closed until May 8.