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Irdai proposes to set up online marketplace Bima Sugam

Irdai has invited comments on the draft Insurance Regulatory and Development Authority of India (Bima Sugam Insurance Electronic Marketplace) Regulations, 2024. The deadline for submitting comments is March 4. Stakeholders are encouraged to provide feedback on the proposed regulations for the online insurance market place.

Angi (ANGI) Stock Trades Up, Here Is Why

Shares of home services online marketplace ANGI (NASDAQ: ANGI) jumped 23.1% in the morning session after the company reported fourth-quarter results with adjusted EBITDA significantly beating Wall Street's estimates ($41.4 million vs. estimates of $28.6 million). Furthermore, its full-year 2024 EBITDA guidance topped Wall Street's projections. Also, the company was cash flow positive for the full year (2023), an improvement on the cash burn recorded in the previous year. On the other hand, reven

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