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  1. Business News
  2. Authors
  3. mithundasgupta

Mithun Dasgupta

nclt, srei nclat, srei firms, srei insolvency,
NCLT approves NARCL’s resolution plan for two Srei firms

The administrator of the insolvent companies, Rajneesh Sharma, received the Reserve Bank of India’s ‘fit and proper’ approval for NARCL…

By Mithun Dasgupta
August 12, 2023 00:15 IST
The company's scrip ended the at Rs 1,648.90 apiece, down 3.01% from its previous close
Bata expects to hit 500 franchisee stores target ‘very soon’

The company’s overall store count crossed the 2,000 mark in the last financial year

By Mithun Dasgupta
August 11, 2023 08:58 IST
Axis Bank, Axis Bank stake, Axis Bank stake in Max Life
Axis Bank to raise stake in Max Life via Rs 1,612-cr investment

Axis Bank in a stock exchange filing said the acquisitions, divestment and merger committee of its board has approved the…

By Mithun Dasgupta
August 10, 2023 03:30 IST
InsuranceDekho, InsuranceDekho revenue, InsuranceDekho news, InsuranceDekho outlook,
InsuranceDekho looks to raise over $50 million at $650-700 million valuation

The company in February this year raised $150 million in Series A funding consisting of a mix of equity and…

By Mithun Dasgupta
August 10, 2023 00:15 IST
insurance, life insurance
Non-life insurers’ gross written premium grows 13.8% in July

The sector’s gross written premium increased to Rs 26,629.35 crore in July, from Rs 23,395.34 crore in the same month…

By Mithun Dasgupta
August 8, 2023 03:45 IST
insurance, insurance sector
InsuranceDekho looks to turn profitable by FY24-end

For the insurtech company, an initial public offering (IPO) is “some time away” because right now it wants to be…

By Mithun Dasgupta
August 7, 2023 04:20 IST
spencer, industry
Spencer’s plans to grow share of Omni channel business

Shashwat Goenka chaired the sixth annual general meeting (AGM) of Spencer’s Retail on Friday.

By Mithun Dasgupta
August 5, 2023 05:15 IST
House panel summons officials over non-disbursal of loan to BJP MP's kin
Money won’t move from insurers due to tax rules: ICICI Prudential MD

In the first quarter of this financial year, ICICI Prudential Life witnessed a 100 basis points year-on-year fall in its…

By Mithun Dasgupta
Updated: August 3, 2023 18:46 IST
Coal India, Coal India limited, acquisition of lithium, cobalt, nickel,
CIL explores acquisition of lithium, cobalt, nickel assets abroad

In a bid to diversify, the coal behemoth has already amended its memorandum of association (MoA) to include non-ferrous and…

By Mithun Dasgupta
August 2, 2023 06:00 IST
Eveready, Eveready industries, Eveready flashlight, Eveready batteries,
Eveready sharpens sales focus on flashlights, lighting solutions

In the B2C lighting solutions space, the addressable market for the company is around Rs 10,000 crore. In this space,…

By Mithun Dasgupta
August 2, 2023 05:15 IST
Peerless Group, Peerless Group news, Peerless Group capex, Peerless Group capital expenditure,
Peerless Group plans Rs 1,000-crore capital expenditure

Jayanta Roy, managing director, said the group is planning to invest around Rs 400 crore in a hospital project and…

By Mithun Dasgupta
August 1, 2023 03:30 IST
insurance, insurance news
Growth in new business for private life insurers slows down

The value of new business (VNB) for private sector life insurers in the first quarter of FY24 seems to be…

By Mithun Dasgupta
July 27, 2023 03:35 IST
sustainability, eco-friendly practices, tea and coffee industry, environmental impact, Sustainable Sourcing, Energy Efficiency, Eco-Friendly Packaging, fair trade, ethical practices, awareness
McLeod sells to survive, but for how long?

McLeod, still the largest bulk tea producer of the country, may sell as many as 15 tea gardens in Assam…

By Mithun Dasgupta
July 24, 2023 01:45 IST
insurance, insurance sector
No change in overall average ticket size: HDFC Life Insurance CFO Niraj Shah

Although the volume of policies with over Rs 5 lakh premium got impacted in the first quarter this fiscal due…

By Mithun Dasgupta
July 22, 2023 05:00 IST
hdfc, hdfc life
HDFC Life Q1 profit up 15.3% at Rs 416.72 crore

The insurer’s net profit had stood at Rs 361.40 crore for the first quarter last fiscal.

By Mithun Dasgupta
July 22, 2023 00:30 IST
motor insurance, insurance
ICICI Lombard rebalances motor insurance portfolio after govt decision

As a result of rebalancing, motor gross direct premium income (GDPI) mix for commercial vehicles decreased on a year-on-year basis…

By Mithun Dasgupta
July 20, 2023 05:20 IST
ACC Ltd, ACCPL, acquisition, enterprise value, cement capacity, Cement Business, Adani Group, capex investments
Shree Cement exits race to buy Sanghi Cement

Shree Cement has withdrawn from the race to acquire about 40-70% stake in Sanghi Cement for an enterprise value of…

By Mithun Dasgupta
July 20, 2023 03:30 IST
Bata, Q1FY24, quarter results, revenue, profit, EBITDA, demand, discretionary spending, consumers, brand marketing, retail expansion, store launch
Bata’s premium category brands like Marie Claire, Red Label gain market shares

The company said sneakers continued to be the dominant category for the company.

By Mithun Dasgupta
July 20, 2023 02:45 IST
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