Star Health firm on profitability path amid rising competition

Star Health firm on profitability path amid rising competition

Star Health and Allied Insurance Co. Ltd has chosen a distinct path compared to its rivals in the general insurance business by focusing on profitability rather than chasing market share gains at any cost.  Just like any other business, the general insurance business can also earn profit if its revenue, which is premium earned exceeds … Read more

Meituan’s Worst-to-First Stock Rally Has Street Looking for More

After pulling an about-face to become one of the best-performing technology stocks in China this year, Meituan may be primed for further gains on easing competition and improving profitability. Analysts see shares of China’s top food-delivery platform rising another 19% over the next year, on projections for record earnings. Cost cuts are helping Meituan boost … Read more

Mint Explainer: Why is the CCI worried about the impact of artificial intelligence on competition?

Mint Explainer: Why is the CCI worried about the impact of artificial intelligence on competition?

Like competition regulators elsewhere in the world, the Competition Commission of India (CCI) has decided to look at the impact deployment of artificial intelligence (AI) tools can have on markets.  It has started the process of commissioning an external body to study recent developments and provide insights that will help it develop a comprehensive understanding … Read more