PB Fintech, the parent company of Policybazaar, has given the nod to three proposals. Firstly, PB Fintech is set to acquire a 100% stake in Genesis Group, a company with 49% ownership in Genesis Insurance Brokers LLC. Simultaneously, PB Fintech will divest 29% of its holdings in Visit Health, currently under the umbrella of Docprime Tech, a wholly-owned subsidiary of PB Fintech. This dive...
Open FlipRegistration of properties in the Mumbai municipal area rose 11 per cent in April to 11,621 units mainly on strong housing demand, according to Knight Frank. In April 2023, the registration of properties in Mumbai stood at 10,514 units. In March 2024, the registration of properties stood at 14,145 units.
Open FlipWall Street's main indexes fell on Tuesday with caution prevailing ahead of the Fed's interest-rate decision and as stronger-than-expected labour costs hinted at persistent inflation. US labour costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate cut later in 2024.
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