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.
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.
India s Adani group shares sank on Thursday after it abandoned its flagship company s $2.5 billion stock offering, swelling the conglomerate s market losses to more than $100 billion and sparking
Indian Adani Group's Losses Exceed $100 Billion Within Days propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.