Wednesday, October 27, 2021

Swiss Re to buy 23% stake in Paytm Insuretech for about Rs 920 crore

Swiss Re to buy 23% stake in Paytm Insuretech for about Rs 920 crore Paytm̢۪s insurance unit, Paytm Insuretech (PIT), plans to leverage Paytm̢۪s customer base and merchant ecosystem to develop innovative insurance products.

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...