ICICI Pru Life shares crash nearly 9% after Prudential plans stake cut below 10%
Shares of ICICI Prudential Life Insurance fell sharply on Monday after promoter Prudential plc is likely to reduce its holding in the insurer to below 10% as part of its proposed acquisition of a controlling stake in Bharti Life Insurance. The stock plunged nearly 9% its lowest level in more than two years, before recovering…