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Prudential to buy 75% in Bharti Life; Rs 3.5k-crore deal to help firm deploy wider product suite across channels

MUMBAI : UK’s Prudential plc has doubled down on its India plans, with the British insurer agreeing to acquire a 75% stake in Bharti Life Insurance from Bharti Life Ventures and 360 ONE Asset Management for an initial cash consideration of Rs 3,500 crore. The transaction will hand Prudential both majority ownership and operational control,…

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What ‘mess’ Google’s ex-CEO Eric Schmidt talked about at the University of Arizona that upset students

Eric Schmidt stepped down from an executive role at Google in 2015. Eric Schmidt, the former Google CEO recently faced boos during the University of Arizona’s commencement ceremony after warning graduates about the ‘mess’ created by modern technology and artificial intelligence, according to a report by Business Insider. While the other speakers received applause for…

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Stopped from holding meets, Tata Trusts weighs options

MUMBAI: Tata Trusts is weighing its options in response to the Maharashtra charity commissioner’s order restraining it from convening board meetings — including seeking clarifications on the directive, approaching the commissioner’s office to argue that the order cannot apply as a blanket restraint on all Trusts, or challenging it before the Bombay high court.People familiar…

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