Page 1707 of Corporate Markets Archives

Other Saving products (ULIP/Par) saw moderate growth, while retail protection expectedly weakened (-10% y-o-y) as HDFC Life adopted stringent underwriting.

HDFC Life Insurance rating – Buy: Mortality reserves spike affected Q1

VNB CAGR of 19% estimated over FY21-24; ‘Buy’ retained with TP lowered to Rs 800

July 24, 2021 01:00 IST

Provisions and contingencies stood higher at Rs 641.83 crore, against Rs 394.62 crore in the year-ago period. The provision coverage ratio (including technical write-offs) was strengthened substantially and stood at 78.66%.

Federal Bank Q1 net falls 8.3% on higher provisioning

The bank recorded the highest-ever operating profit of Rs 1,135.18 crore in the quarter, 22% higher y-o-y. Net interest income…

July 24, 2021 00:30 IST

Coffee exports declining, Covid causes shift in consumption patterns: Report

The ‘Coffee Report’ by the fintech company, based in Palo Alto , mentions that the pandemic led to a shift…

July 23, 2021 08:27 IST

The company is upgrading its consumer app. The current app as 12.9 million customers.

Analyst Corner: Downgrade Bajaj Finance to ‘hold’ with TP of Rs 6,390

Bajaj Finance (BAF IN) reported net profit of Rs 10bn (+4% y-o-y/-26% q-o-q.

July 23, 2021 08:21 IST

Changing lanes| Mid-career executives: Should you quit your corporate job to StartUp?

I was 39 when I left my position as CEO of Discovery India to start WhiteHat Jr. In retrospect, the…

July 23, 2021 08:15 IST

Bank of Maharashtra net jumps 106% in Q1

During the quarter, the bank made Covid-19 provision of Rs 285 crore, taking the total Covid provisions to Rs 1,000…

July 23, 2021 07:30 IST

STL acquires network integration company Clearcomm in UK

In the first tranche, the acquisition of 80% of the share capital would happen would be based on an enterprise…

July 23, 2021 07:20 IST

Star Health files for IPO, to raise over Rs 2,000 crore

The Chennai-based standalone health insurance company’s IPO comprises equity shares of face value of Rs 10 each comprising a fresh…

July 23, 2021 07:15 IST

Retired IAS officer Praveen Kumar to head national mineral index panel

The NMI will determine the value of the minerals that will form the basis for calculation of royalty and other…

July 23, 2021 07:00 IST

Nuclear power has an important role in climate change equation: GE

From India’s point of view, nuclear will play an important role. Massive renewable capacity is being added in India and…

July 23, 2021 06:45 IST

Speaking to FE, an official of the state government said the loan amount would be made available in lieu of securitisation. With the additional availability of financial resources, the purchase of land and other work will be accelerated. (Representative image)

Meerut-Prayagraj Ganga Expressway: Yogi govt to seek Rs 4,480 crore loan

The process of purchasing land for the Ganga Expressway, which is to be built from Meerut to Prayagraj, is going…

July 23, 2021 06:30 IST

Future Group taking contrary positions after deal, Amazon tells Supreme Court

Future Group has been instrumental in deciding the key terms and conditions of the deal, which included a provision for…

July 23, 2021 05:00 IST

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