Life Insurance coverage Company of India posted a internet revenue of 13,763 crore in This fall, up solely 2.5 per cent year-on-year, as a 15.3 per cent bounce in bills of administration to ₹24,709 crore for the quarter weighed on the bottomline. Within the earnings name, CFO Sunil Agrawal stated there was a pointy enhance … Read more
Eight of the top-10 most valued companies added ₹1,47,935.19 crore in market valuation final week, with Life Insurance coverage Company of India (LIC) and Reliance Industries rising as the largest gainers. Final week, the BSE benchmark climbed 1,341.47 factors or 1.84 per cent. The Nationwide Inventory Change (NSE) and BSE performed a particular buying and … Read more
Officers of the Life Insurance coverage Company of India (LIC) have gotten a greater wage settlement deal than their counterparts in state-owned banks, in accordance with an evaluation by the All India Financial institution Officers’ Affiliation. The affiliation mentioned the beginning pay of the lowest-grade officer in LIC (through which the federal government owns 96.50 … Read more
The mixed market valuation of six of the top-10 most valued corporations eroded by ₹1,73,097.59 crore final week, with HDFC Financial institution and Life Insurance coverage Company of India taking the utmost hit according to weak equities. Additionally learn:Mcap of seven most valued corporations climbs ₹67,260 crore; Reliance high gainer Final week, the BSE benchmark … Read more
LIC, the State-owned insurance coverage behemoth, has seen a 59 per cent rise in worth of its investments in Adani Group firms in 2023-24 fiscal yr after the conglomerate made a wise restoration since being hammered by a damning quick vendor report. The worth of LIC’s funding in seven Adani group firms has soared from … Read more
4 of the highest 10 valued corporations added ₹1,71,309.28 crore to their market valuation final week with HDFC Financial institution and Life Insurance coverage Company of India (LIC) rising as the largest gainers in keeping with an general constructive pattern in equities. However, six firms from the highest 10 pack took a ₹78,127.48 crore hit … Read more
The Insurance coverage Regulatory and Improvement Authority of India (IRDAI) has recognized three Home Systemically Necessary Insurers (D-Slls) for the 12 months 2023-24. “Life Insurance coverage Company of India, Common Insurance coverage Company of India and New India Assurance Co Ltd proceed to be recognized within the 2022-23 listing of D-Slls,’‘ the insurance coverage regulator mentioned in a … Read more
In accordance with media buzz, Normal Chartered Financial institution-corporate banking is more likely to promote its whole 7.18 per cent stake in Central Depository Providers (India) Ltd (CDSL) and the ground worth has been fastened at ₹1,672 a share. Non-public fairness agency Olympus plans to promote a 9.8 per cent stake in Aster DM Healthcare … Read more
For the upcoming 2024 season of the Indian Premier League, JioCinema has roped in 18 sponsors and 250 advertisers. JioCinema is the digital streaming associate for the upcoming season. Fantasy sports activities platform, Dream11 is the copresenting sponsor, whereas Tata Motors, PayZapp by HDFC Financial institution, SBI, Cred, AMFI, Upstox, Charged by Thumbs Up, Britannia, … Read more
The mixed market valuation of seven of the top-10 most valued companies climbed ₹71,301.34 crore within the holiday-shortened final week, with Bharti Airtel rising because the lead gainer. In a record-breaking rally final week, the BSE benchmark climbed 374.04 factors or 0.50 per cent. Additionally learn: Mcap of seven of top-10 most valued companies climb … Read more