Mumbai (Maharashtra) [India], Apr 27 (ANI): HDFC Life Insurance said on Monday its individual weighted received premium (WRP) grew by 19 per cent leading to an expansion of market share by 170 basis points to 14.2 per cent in the financial year ended March 31.
Mumbai (Maharashtra) [India], April 27 (ANI): The Reserve Bank of India (RBI) on Monday decided to open a special liquidity facility for mutual funds of Rs 50,000 crore in a bid to arrest redemptions in the asset management industry after last week's collapse of six debt schemes of Franklin
Mumbai (Maharashtra) [India], April 24 (ANI): IIFL Wealth Management Ltd on Friday announced completing the acquisition of 100 per cent equity shares of L&T Capital Markets Ltd (LTCM) for Rs 230 crore.
Mumbai (Maharashtra) [India], April 24 (ANI): Equity benchmark indices closed the week in negative zone amid weak global cues as investors opted for safer assets while awaiting another government stimulus package to revive economic activity in the wake of COVID-19 lockdown.
Mumbai (Maharashtra) [India], April 24 (ANI): Motilal Oswal Asset Management Company (MOAMC) said on Friday it has successfully completed the new fund offer (NFO) of Motilal Oswal S&P 500 Index Fund, an open-ended scheme replicating and tracking S&P 500 Index.
New Delhi [India], April 20 (ANI): With plunging occupancy rates due to COVID-19 lockdown, hotel chain and room aggregator Oyo said on Monday it is taking a series of measures to support asset owners in different regions of the country.
Stockholm [Sweden], April 20 (ANI): India's decision to place curbs on Chinese companies buying Indian corporate assets have come at the right time as China is seen moving aggressively to completely buyout iconic Swedish brands like Volvo and Hasselblad, in which China had been gradually bui
Mumbai (Maharashtra) [India], Apr 18 (ANI): Private sector lender HDFC Bank on Saturday reported a 17.7 per cent year-on-year rise in net profit at Rs 6,928 crore during the January to March quarter.
Singapore, Apr 18 (ANI): S&P has affirmed its stable rating on HDFC Bank to reflect the lender's strong business franchise besides its better funding and liquidity profile than industry peers.
Hosur (Tamil Nadu) [India] April 18 (ANI/NewsVoir): TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced the successful acquisition of Britain's most iconic sporting motorcycle, "Norton", in an all-cash deal for a consideration of GBP 16
New Delhi [India], April 16 (ANI): The Enforcement Directorate (ED) on Thursday said it has attached properties worth Rs 1.7 crore of Snehasish Kar, an Upper Division Clerk of Central Government Health Scheme (CGHS), Kolkata, under the Prevention of Money Laundering Act (PMLA) in a dispropor