LiveCitigroup Reports 25% Slump in Q3 Profit
On Friday, Citigroup Inc reported a 25 per cent drop in third-quarter profit as its investment banking business struggled to cope with a decline in...
Category : BUSINESS
IRDAI Fines Max Life Insurance Rs 3 Crore for Breaking Rules
The Insurance Regulatory and Development Authority (IRDAI) said on October 14 that it had fined Max Life Insurance Company a total of Rs 3 crore...
SAT orders Brickwork Ratings to temporarily hold Sebi orders
The Securities Appeals Tribunal (SAT) has suspended market regulator Sebi‘s decision to terminate Brickwork Ratings India, people familiar with the matter said. A final hearing...
PSP Projects Gains on Emerging as Lowest Bidder for Gujarat Project
PSP Projects rose 1.94 per cent to Rs 648.50. They emerged as the lowest (L1) bidder for a government project to develop a world-class sustainable...
India Passenger Vehicles Sales Jump in Sep ’22
In September 2022, total passenger vehicle sales in India surged by 9.3 per cent monthly to 307,389 units, recovering from a 4.3 per cent fall...
IRDAI Approves Merger of Exide Life into HDFC Life
Insurance regulator Irdai has given final approval to HDFC Life Insurance Company Ltd (HDFC Life) to incorporate Exide Life into the company. In January this...
MAS Financial Services Issue CPs Worth Rs 55 Crore
On 13 October 2022, MAS financial services allotted Rs 55 crore via commercial papers (CP) issuance. The instrument, offering an interest rate of 7.80 per...
BHEL Signs Agreement with CIL, NLCIL to Build Coal Gasification-Based Plant
On Thursday, BHEL struck a deal with Coal India Limited and NLC India Limited to build a coal gasification-based plant in the country. The agreement...
IAG Shares Surge After Airline Group Unveils Upbeat Q3 Guidance
On Thursday, London-listed shares in International Consolidated Airlines Group SA (LON:ICAG) surged in afternoon trading after the carrier group said it expects to deliver better-than-expected...
Walgreens Boosted by Higher Retail Sales, Newly Launched Consumer Health Business
On Thursday, Walgreens Boots Alliance Inc reported a better-than-expected quarterly profit as higher UK retail sales and strength in its newly nascent consumer health business...