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Bank of Baroda Settles NMC Health Dispute For Rs 5,700 Crore, Shares Fall 4%
The case involving Bank of Baroda was related to insolvency
Bank of Baroda slumps after settling NMC Health litigation for $600 million
Bank of Baroda tumbled 4.31% to Rs 259.80 after the bank said that it has entered into an out-of-court settlement with the joint administrators of NMC Health PLC, NMC Healthcare Ltd and NMC Holding Ltd.
Sensex gains 579 points, Nifty ends above 24,150: 5 reasons why stock market rose today
Indian indices rose, Sensex up 579 pts, Nifty above 24,150, led by IT stocks, oil companies. Bank of Baroda fell on NMC Health settlement.
Bank of Baroda falls 4% on NMC Health litigation settlement for ₹5,700 cr
Bak of Baroda has announced an out-of-court settlement with in the NMC Health litigation for $600 million (₹5,700 crore).
Prudential HCL Health gets IRDAI licence, becomes India’s 8th standalone health insurer
Prudential HCL Health Insurance gets IRDAI nod as a standalone health insurer, marking India's third new insurance entrant of 2026.
Prudential HCL Health Insurance gets IRDAI nod
India's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, backed by Prudential Group Holdings and HCL Group, aims to tap into the growing demand for medical cover. The approval also signals broader regulatory changes, including new accounting standards and a policyholder protection fund. Prudential's presence in India is significantly expanding with this new health insurance arm.
ITC enters cola business to add more fizz to beverages portfolio
India's carbonated soft drinks market is intensifying as ITC launches a premium sugar-free Coconut Cola, aiming to compete with global giants Coca-Cola and PepsiCo. This move follows Reliance Industries' aggressive pricing strategy with its revived Campa brand. ITC plans to expand its beverage offerings, focusing on the premium, health-conscious segment, which is experiencing rapid growth due to increasing consumer preference for low- and no-sugar options.
Prudential-HCL joint venture becomes India’s eighth standalone health insurer
The regulator's approval anchors a massive overhaul of the multinational's domestic strategy following its recent announcement of a proposed ₹3,500-crore acquisition of Bharti AXA Life.
BSE 500 stocks: Adani Ports, Marico, Ather, Piramal Finance hit new highs
Adani Enterprises, Aurobindo Pharma, GMR Airports, Gujarat Flurochemicals, Oracle Financial Services and Star Health Insurance from BSE 500 stocks registered 52-week highs on Wednesday.
Motilal Oswal sector of the week: Healthcare; Max, Global Health top picks
Indian healthcare sector remains well positioned for sustained long-term growth, supported by structural demand, expanding hospital infra, higher healthcare spends, and favourable demographic trends.
Top Five Reasons Health Insurance Claims Are Rejected: All That Policyholder Should Know
Some health insurance policies may appear attractive because they are available at a lower premium.
Fluence deal signals Honasa’s pivot towards health-beauty convergence
As beauty consumers increasingly demand science-backed and holistic solutions, Honasa is blurring the lines between cosmetics, wellness and healthcare, with nutraceuticals emerging as a new battleground for growth and differentiation.