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Samvardhana Motherson is preparing to compete with Strategic Value Partners (SVP) for the acquisition of Marelli Holdings. Motherson is reportedly raising $2 billion for the deal. Marelli's board is meeting to decide the company's future amidst financial struggles. Motherson has proposed a financial package involving KKR writing off its shares and Motherson acquiring new shares and debt.
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News and Media
India's life insurance sector experienced a nearly 13% surge in new business premiums in May 2025, reaching 30,463 crore, driven primarily by private insurers. However, policy sales declined by 10.4% due to the new surrender value guidelines. Group business led the growth, while individual segments saw muted performance, with private insurers shifting towards higher-value policies.
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News and Media
Silver is poised for a potential record-breaking surge, surpassing $36 per ounce for the first time in 13 years, driven by technical strength and a weakening dollar. Analysts anticipate silver outperforming gold, potentially reaching $50 by year-end. Favorable technical patterns and expectations of easing trade tensions further fuel the bullish outlook for the white metal.
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News and Media
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