India’s insurance industry is undergoing a transformation, marked by a series of mergers and acquisitions. As of 2023, the industry comprises over 58 insurance companies, including 25 life insurers and 33 general insurers. Despite its vast potential, insurance penetration in…
Voltas expects strong demand this summer, despite a high base from last year. The company expects to continue outperforming the industry.
The final payment of ₹ 254 crore was received on March 19, 2025, marking the completion of the transaction, PTC India said in a stock exchange filing. Before this, the company had received ₹ 925 crore from OGL on March…
Shares of both Indraprastha Gas and Mahanagar Gas are down 30% each from their respective peaks owing to multiple headwinds that have plagued the sector recently.
Of the encumbered shares, 80,000 (0.01% of total share capital) are in favour of Julius Baer Capital (India) Pvt Ltd, while 14,87,800 (0.16%) are in favour of Nehal Abhay Vakil.
Prudential Group Holdings Limited, a UK subsidiary of Prudential plc, will hold a 70% stake, while Vama will own the remaining 30%.
Brokerage firm Jefferies said the government’s incentive of ₹1,500 crore for low-value UPI P2M transactions are half of last year’s and are, thus, negative for Paytm.
Forex traders noted that strong foreign inflows into debt markets have supported the rupee, allowing it to resist external pressures.
Despite near-term weakness, BNP Paribas expects the IT sector to return to high single-digit to near double-digit growth by 2026-27 (FY27).
Thakkar also said that there could be a strange situation where some stocks appear attractive but some pockets, which remain on the expensive side, will continue to underperform.