Motilal Oswal Alternates

They would then have to spread the cost of staff, branches, and technology over less business, and smaller insurers still building their networks could find that especially hard.

Now, Motilal Oswal expects insurer profits to improve over time, but sees a risk to growth.

MK worries that some distribution businesses could stop being worth the effort.

So an insurer could therefore make more on each new policy while selling fewer of them.

Tata Power is also exploring the Bharat Small Reactor.

Now, a July research report from Motilal Oswal describes plans for two 220 megawatt units, with NPCIL totaling 440 megawatt.

Tata had identified possible sites and was pursuing water allocations and a detailed project report while discussions about ownership and implementation continued.

But until that structure is agreed upon, Tata's proposal cannot be treated as either another Hindalco style captive project or a confirmed privately operated plant.