New Delhi, Apr 21 (PTI) ICICI Lombard General Insurance Company on Thursday reported 10 per cent decline in net profit at Rs 313 crore for the fourth quarter ended March 2022.The non-life insurer had posted a net profit of Rs 346 crore in the corresponding period of 2020-21. The gross direct premium income (GDPI) of [...]
Mumbai, Apr 21 (PTI) Veteran banker K V Kamath on Thursday said there is a discord between value created and valuation expectation of fintech and digitech companies and emphasized on the need to set it right. Speaking at the Times Network's India Economic Conclave, Kamath said about six months back, fintech companies were strong and [...]
New Delhi, Apr 21 (PTI) Loan distributor Andromeda expects around 58 per cent growth in its loan disbursals to Rs 60,664 crore during the current fiscal on the back of recovery in the economy and renewed demand in the housing sector. The company's loan disbursals, comprising home loans, loans against property, personal loans, business loans [...]
Kolkata, Apr 21 (PTI) Diversified conglomerate ITC Ltd is looking to widen its product portfolio in the dairy segment and tap the “low” milk consumption in West Bengal, a company official said on Thursday. Per capita availability of milk in West Bengal is 'low', one-third of the national average of 427 grams per day, he [...]
NEW DELHI, April 21, 2022 /PRNewswire/ -- India is the country of honour for the Sea Tech Week® and will be making waves from 26th – 30th September 2022 at Brest Expo, France. Registration is now open for visitors and exhibitors. Avail the Early Bird before 31st May. International Stakeholders across business, academia, and governmental [...]
London, Apr 21 (PTI) British Prime Minister Boris Johnson has expressed his support for more skilled visas for Indians as part of the efforts to expedite the ambitious free trade agreement (FTA) being negotiated between the two countries.Speaking to reporters from the UK on the prime ministerial flight to Ahmedabad on Wednesday night, Johnson acknowledged [...]
Colombo, Apr 21 (PTI) India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.A total of close to 400,000 MT of various types of fuel have been delivered with Indian assistance [...]
Islamabad, Apr 21 (PTI) Pakistan’s newly-appointed Finance Minister Miftah Ismail on Thursday left for Washington to meet top IMF officials to renegotiate a USD 6 billion bailout package that was stalled by the previous Imran Khan regime. Under the agreement signed in 2019, Pakistan would receive USD 6 billion for a period of 39 months, [...]
Lucknow, Apr 21 (PTI) Private lender HDFC Bank on Thursday said it will open 150 new branches across Uttar Pradesh this year, creating more than 1,000 direct jobs. Majority of these branches will be opened in rural areas, said Akhilesh Kumar Roy, branch banking head of UP, HDFC Bank. "We are committed to supporting the [...]
New Delhi, Apr 21 (PTI) Dhanlaxmi Bank on Thursday said it has signed a memorandum of understanding with Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC) for collection of taxes. The bank has been authorised by the Reserve Bank of India (RBI) based on the recommendation from the [...]
