The well-known insurance aggregator Policybazaar is about to receive a substantial cash infusion of INR 350 Crores ($42 million) from its parent firm, PB Fintech Ltd., in a major development for the financial sector. This is a calculated move with ramifications for all parties involved and the insurance industry as a whole.
Go First was granted bankruptcy protection on May 10. Reuters reported last week that the airline has sought Rs 400 cr- Rs 600 cr in additional funds from banks