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World Economic Forum founder Klaus Schwab has filed a criminal complaint against whistleblowers who anonymously alleged misconduct. This action follows the WEF's launch of an investigation into Schwab in April, prompted by a whistleblower letter. The investigation began shortly after Schwab, 87, announced his resignation as chairman without providing a specific reason.
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Anand Shah of ICICI Prudential AMC discusses their successful PIPE and Value strategies, which have achieved impressive CAGR over the last five years. He highlights the importance of bottom-up stock selection, valuation discipline, and a long-term perspective for wealth creation. Shah remains bullish on Indian equities, emphasizing the potential in capex-linked sectors despite market volatility.
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Independent Analyst Anand Tandon views insurance as a core area for long-term growth. He notes India is no longer underinsured in policy numbers, but policy values have potential. He suggests separating insurance from investment, favoring protection-focused policies. Tandon sees growth opportunities in life insurance and LIC's shift to non-participating policies.
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News and Media
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