ICICI Lombard clarifies motor insurance coverage with E20 fuel usage.
The insurer clarifies that earlier blog post created ambiguity around coverage of older vehicles using E20 fuel.
@nizzgeneration
40,000 shareholders. Alleged losses of ₹760 crore. A ₹2,500 crore dispute. And a case that never reached trial. What happened in India’s first admitted shareholder class action?
@nizzgeneration
#NDTVProfitExclusive Razorpay likely to file confidential DRHP for $600 million IPO within a week.
Context: Razorpay completed reverse flip in preparation for IPO in May 2025
Razorpay has not yet responded to a request for comment.
@nizzgeneration
A rocket company, an internet provider, an AI bet or a Mars dream?
@TamannaInamdar , Managing Editor, explains what’s driving SpaceX’s massive valuation.
EXCLUSIVE| BIG Gold policy push underway.
Centre is engaging banks and reviewing the gold ecosystem as it looks to mobilise domestic gold stocks and curb import dependence. Discussions underway; a framework could be rolled out soon: Official sources
India's first-ever shareholder class action against a listed company has been quietly shut down after reaching trial stage.
The case concerns Jindal Poly Films, a JSW Group company.
A thread
The order effectively brings India's first shareholder class action to an end.
Yet, according to critics, no notice was issued to the thousands of other shareholders whose rights were represented in the admitted class action.
The case also raises a governance question.
If a representative shareholder can settle or withdraw a class action after admission without consulting the class, what protection remains for minority investors the law was designed to safeguard?