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sahara: SC sets aside SAT stay on Sahara Insurance biz transfer to SBI Life

The Indian Supreme Court has overturned an appellate tribunal s decision to stay an IRDAI order directing Sahara India Life Insurance to transfer its business and accounts to SBI Life Insurance as its financial position deteriorates. The Supreme Court noted the tribunal can hear the application for a stay afresh on 3 August and that Sahara s request will be considered independently and in accordance with the law.

Who is Siddhartha Mohanty? LIC s first-ever CEO, appointed after record-breaking IPO

After joining LIC in 1985 as a direct recruit officer, Mohanty has remained with the firm for almost four decades, and worked in different departments.

Adani s Market Losses Top $100 Billion As Shelved Share Sale Spooks Investors

Indian Adani Group s Losses Exceed $100 Billion Within Days

Indian Adani Group s Losses Exceed $100 Billion Within Days
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