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ICICI Prudential Life Shares Plunge 9% to 52-Week Low Over Prudential Plc’s Stake Cut and New Acquisition

Shares of ICICI Prudential Life Insurance Company plummeted nearly 9% in intraday trading, hitting a fresh 52-week low of ₹488.60 on the National Stock Exchange. This steep decline was triggered by a major strategic announcement from the company’s UK-based joint venture partner, Prudential plc. The British insurance giant revealed that it is acquiring a controlling…

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Government Pushes State-Owned Banks and Insurers Towards Austerity and Electric Mobility

Ministry of Finance has directed state-run banks, insurers, and financial institutions across India to implement a series of cost-cutting measures, including restrictions on travel and a gradual shift toward electric vehicles, according to an official order reviewed by Reuters. The directive, issued by the Department of Financial Services, is part of a broader government austerity…

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Liberty Mutual Deepens India Commitment, Increases Stake in Liberty General Insurance

US-based Liberty Mutual Insurance has officially increased its shareholding in Liberty General Insurance Limited (LGI) to 74 per cent. This significant development follows a previous stake increase from 49 per cent to 55.40 per cent in September 2025, underscoring the global insurer’s aggressive growth strategy in the region. Liberty General Insurance operates as a prominent…

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Sunshine on Your Platter: Fresh Ingredients for a Healthier Lifestyle

Vitamin D deficiency is becoming increasingly common worldwide, with health experts warning that low levels of the nutrient can negatively affect bone strength, muscle function and the immune system. Often referred to as the “sunshine vitamin,” vitamin D is produced naturally when the skin is exposed to sunlight. However, modern indoor lifestyles, limited sun exposure,…

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India, UAE strengthen strategic ties amid Middle East turmoil

The bilateral relationship between India and the United Arab Emirates (UAE) is undergoing a profound transformation from a traditional trade-centric relationship to a comprehensive multi-layered strategic partnership. This deep alignment has become ever more critical as both countries navigate the turbulent geopolitical and economic upheavals transforming West Asia today. New Delhi and Abu Dhabi are…

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AI Infrastructure and Agentic AI Take Centre Stage at TCS

Tata Consultancy Services Chairman Natarajan Chandrasekaran has said that generative AI and agentic AI are entering a transformative phase where artificial intelligence is becoming the “infrastructure of intelligence” for businesses worldwide. In his letter to shareholders in the TCS Annual Report FY26, Chandrasekaran highlighted the company’s growing focus on becoming a full-stack AI services provider…

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Leadership Changes at OpenAI See Greg Brockman Take Bigger Role: Report

OpenAI has reportedly initiated a major internal reorganisation as the company continues to face legal scrutiny from co-founder Elon Musk over its transition away from its original non-profit mission. The leadership shake-up comes at a critical moment for OpenAI as the company intensifies its focus on artificial intelligence agents, enterprise products, and coding-related services while…

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