Public sector general insurance companies turn profitable in Q3
PSGICs plan to maintain financial stability through strategic measures and service improvements.
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BSE mcap falls below ₹400 lakh cr for first time since June as markets fall for 8th consecutive session
The combined market capitalisation of BSE-listed companies slipped below ₹400 lakh crore for the first time since June 2024, as both the Nifty and Sensex saw significant losses.
Samir Arora: Reciprocal tariffs won’t hit most Indian industries, market near bottom
Samir Arora, Founder and Fund Manager of Helios Capital explained that while tariffs on steel impact multiple sectors beyond the auto industry, the market should not overreact to these changes.
SEBI launches RPT portal to strengthen corporate governance and transparency
SEBI introduced this portal as a strategic move to track and analyse RPTs, a critical area where governance lapses often occur.
Market cap of BSE-listed companies slips below ₹400 lakh crore for first time since June 2024
According to Bloomberg data, India’s market capitalization currently stands at $3.99 trillion, the lowest since December 4, 2023. This marks a sharp decline from its peak of $5.18 trillion recorded in mid-July.
FACT Q3 Results: Net profit plunges 74% to ₹8 crore, margins contract
Shares of the company fell as much as 10.9% from the opening trading price of ₹822.10 on Friday, before paring some losses to trade at ₹743.30, down 7.7% on the BSE.
High gold prices auger well for gold lenders, but Q3 shows contrasting results for these two firms
Muthoot Finance’s gold tonnage reached a record high of 202 tonnes, while Manappuram Finance saw its lowest tonnage in 32 quarters or more.
USFDA clears Zydus Lifesciences’ Ahmedabad facility with zero observation
The routine surveillance inspection was conducted between February 10 and February 14.
SEBI denies extension to Gaekwad for Religare bid, calls move ‘frivolous’
SEBI questioned Gaekwad’s financial capability to meet his obligations. His offer of ₹275 per share was ₹40 higher than the Burman Group’s bid of ₹235 per share, yet SEBI observed that he failed to prove his ability to meet the…
Landmark Cars inks deal to sell Citroen passenger vehicles in Mumbai
Landmark Cars has partnered with Stellantis’ PCA Automobiles to sell and service Citroen cars in Mumbai through its existing Jeep outlets, requiring no new investment, as it expands its premium automotive portfolio.