NSE:360ONE

Prudential Slides After $389 Million India Deal Pulls Attention to ICICI Stake

Prudential Slides After $389 Million India Deal Pulls Attention to ICICI Stake

Prudential shares fell 0.9% in London after the insurer agreed to buy 75% of Bharti Life Insurance for about $389 million. The deal may require Prudential to cut its stake in ICICI Prudential Life below 10%, pending regulatory approval. ICICI Prudential Life shares dropped in India following the news. The FTSE 100 was little changed.
May 19, 2026

Stock Market Today

  • Gold Coast Light Rail Drops Gum Chewing Fines but Maintains Ban
    May 27, 2026, 11:35 PM EDT. The Gold Coast light rail operator has reversed its plan to fine commuters for chewing gum, though the ban on chewing gum remains in place. This move follows public backlash against proposed penalties. The decision affects passengers on Gold Coast trams, part of the city's public transport network. While the chewing gum ban continues to promote cleanliness and reduce maintenance costs, the operator has eased enforcement measures by removing fines. This adjustment demonstrates responsiveness to rider concerns while maintaining network standards.