Life insurers see double-digit premium growth in March; retail business performance varies
Life insurers report strong March premium growth, with Axis Max, ICICI Prudential and LIC showing gains but mixed trends in retail APE performance.
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Focus on renewables post Iran war revives hopes for Inox Clean IPO, report says
Inox Clean Energy is in talks with bankers and is expected to file its draft prospectus soon. It had earlier attempted to go public in July 2025 but withdrew its papers in December.
Thangamayil Akshaya Tritiya sales jump 76%; non-gold revenue surges
Thangamayil Jewellery reported a sharp rise in Akshaya Tritiya sales, with revenue up 76% year-on-year, driven by strong demand despite higher gold prices and robust growth in non-gold segments.
RateGain partners Easebuzz to enable UPI, local payments on RG Pay
RateGain partners with Easebuzz to integrate local payment options into RG Pay for Indian travel firms, aiming to boost bookings by helping travel brands align their checkout experience with local payment behaviour, driven by real-time systems like UPI.
India gold, silver prices slip in futures trade on weak global cues
Gold and silver futures fell in India as global prices weakened, gold dipped slightly while silver dropped more on profit booking, pressured by a strong dollar and cautious sentiment.
Buyback Alert: Auto parts manufacturer stock surges 13% on first ever repurchase plan
Within public shareholders, Mutual Funds of the country had a 28.7% stake, while over 71,000 retail investors, or those with authorized share capital of up to ₹2 lakh, had a 8.8% stake in Rolex Rings at the end of the…
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For…
PNB Housing surge boosts fortunes of its peers; Here’s how the valuations stack up
LIC Housing Finance Ltd. is seen as the cheapest among peers, trading at around 0.78x book and 5.6x earnings, with steady return ratios of 16% ROE and 1.8% ROA.
Oil prices to stay at $80-85; ONGC, Oil India to benefit, OMCs at risk: ICICI Securities
Probal Sen, Oil and Gas Analyst at ICICI Securities, said the current environment is favourable for upstream companies such as ONGC and Oil India. He noted that their valuations are still factoring in lower crude prices, leaving room for upside.…
SML Mahindra shares slip 5% as margin pressure offsets revenue growth
SML Mahindra plans to roll out electric buses, with an e-bus launch lined up for FY27.