Although Axis Bank contributes about 40 percent of the total turnover under Bancroveringkanaal, Axis Max Life Insurance has no over -dependence from one of its distribution channels, says the senior director of the insurer and main distribution officer Sumit Madan. He says that for the list of his shares on Bourses, the company awaits the […]
Cholamandalam Financial Holdings LTD has reported a consolidated profit after tax on RS 1,259.54 Crore for the quarter of April-June 2025, the company said on Friday. The company, part of the diversified conglomerate Murugappa Group, had reported a net profit of RS 1,159.56 Crore during the corresponding quarter of the last financial year. For the […]
Skills and talent development company Niit LTD On Friday, a decrease of 43.6 percent in consolidated net profit for RS 4.37 Crore in the quarter of April-June due to a headwind of a turbulent environment in the technology and BFSI sectors. It had reported a profit (due to owners of the parent company) of RS […]
The combined market rating of seven of the 10 most appreciated companies that were eroded last week by RS 1.35 Lakh Crore, with Tata Consultancy Services (TCS) used the biggest hit. Last week the BSE -Benchmark tanked 863.18 points or 1.05 percent. TCS, Bharti Airtel, Icici Bank, State Bank of India, Infosys, Life Insurance Corporation […]
The government has dealt dealers and legal advisers for the sale of minorities in LIC and other financial institutions for the public sector, Ministry of Investment and Public Asset Management (DIPAM) (DIPAM) Secretary Arunish Chawla, said Friday. “As far as Lic is concerned, we have completed the RFP process. The process for the appointment of […]
Finance Minister Nirmala Sitharaman during a debate in the Lok Sabha in New Delhi, on Monday | Photocredit: – While the limit of the Foreign Direct Investment (FDI) in the insurance sector in the current parliament session must be increased, the government supplied the Lokha on Monday that only four insurance companies of the private […]
A fire brigade officer is next to the crashed Air India Boeing 787-8 Dreamliner Aircraft, in Ahmedabad, June 13, 2025. | Photocredit: Adnan Abidi On June 12, an Air India (AI) Boeing 787-8 Dreamliner crashed to London Tragic shortly after taking Ahmedabad. The disaster claimed that 241 lives on board and 19 more on the […]