Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PB Fintech Shares Jump 5% After Strong Q2 Results
PB Fintech Ltd., the parent company of Policybazaar and Paisabazaar, saw its shares rise nearly 5% after announcing strong Q2 FY25 results. The company reported a surge in operating revenue driven by higher insurance and loan product sales through its digital platforms. Operating income grew on the back of improved customer acquisition efficiency, better conversion rates, and new partnerships with insurers and lending institutions. Management emphasized that consistent growth in the insurance segment and profitability in Paisabazaar operations were key contributors. The quarterly earnings also reflected robust cost control measures and increased digital penetration. Market analysts viewed this performance as a sign of sustained investor confidence ahead of expected sector consolidation and policy reforms in India’s fintech landscape.