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The total insurance premium for the April-June quarter was reported at Rs 4,871 crore, growth of 62% on a YoY basis.

The consultation paper comes pursuant to the 2023-24 budget announcement which called for simplifying, easing and reducing cost of compliance by comprehensive review of existing regulations.

The operating earnings before interest, tax, depreciation and ammortisation (EBITDA) rose 25.5% YoY to Rs 343 crore. The EBITDA margins rose 190 basis points to 18.4%.Hospital revenues, which constitutes over 83% of overall revenues, increased 14.4% year-on-year (YoY) to Rs 1,549 crore led by 10% YoY and 4% QoQ increase in average revenue per occupied bed (ARPOB) per day during the quarter to Rs 65,924.

To promote ease of doing business, markets regulator Sebi on Tuesday tweaked the framework involving the nomination rights of unitholders of real estate investment trusts (REITs) and infrastructure investment trusts (InVITs) to appoint directors.

Power & Instrumentation (Gujarat) Limited (PIGL) on Tuesday announced its board has approved a fundraising plan of Rs 71.48 crore through the issuance of equity shares and warrants.

Crypto exchange WazirX on Tuesday said an FIR has been filed in the case of a $230 million security breach that happened at the platform last month.

Suzlon Energy board on Tuesday said it will acquire a 76 per cent stake in Renom Energy Services for Rs 660 crore in two tranches from Sanjay Ghodawat Group.

Indian equity markets fell on Tuesday, with banking and financial stocks dragging them down. The S&P BSE Sensex dropped 0.21% to 78,593, while the NSE Nifty50 ended below 24,000.