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WhatsApp Message Destroys 71% of Indian E-Commerce Firm’s Value

The message was sent a few months ago by an Equirus analyst to some clients and resurfaced on the messaging platform Thursday .The record slump on Friday prompted the company to make a voluntary clarification to exchanges saying there was no pending information or announcement that may impact its share price.

IRDAI allows distribution of all micro-insurance products via PoS

Agreeing to the suggestions of insurance companies, IRDAI in a circular has done away with the practice of pre-fixing the word ‘PoS’ on life, general and health products sold through PoS. The regulator said it has received representations from insurance companies requesting to do away with the prefix ‘POS’ in the product name.

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