The increase is a boon for the kingdom and the crown prince's spending power as people around the world pay higher gas prices at the pump while energy companies rake in top earnings.
OTT streaming has largely been an urban phenomenon. As the players look to expand to the smaller cities and towns, especially with their regional content, bundling with telecom operators will become inevitable, concede the players.
In an interaction with a media channel, Rakesh Jhunjhunwala last year said that it will take another 15 years for the country to become a superpower.
"Rakesh Jhunjhunwala, who sadly passed away this morning, will always be remembered for his acute understanding of the stock exchanges of India," Ratan Tata said.
The marquee investor had put his $35 million in low-cost carrier Akasa Air for an over 40 per cent stake.
Rakesh Jhunjhunwala will be remembered for his vision for India and words of wisdom which will continue to guide investors going ahead.
While RIL, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, HDFC and Bajaj Finance saw gains in their market capitalisation (m-cap) in the holiday-shortened week, Infosys, HUL and LIC suffered losses.
"We are already doing a lot of long-term health protection and guaranteed health products. And we are evaluating the suggestion that the regulator Irdai made recently," LIC Chairman MR Kumar told.
The British Indian banker, 59, was mostly known for his extensive role in Deutsche Bank between 2012 and 2015
CEO Li Xiongwei was stopped by the Income Tax Dept at Indira Gandhi International Airport in New Delhi from flying to Bangkok
Upskilling unicorn upGrad and customer engagement SaaS platform CleverTap have raised large venture capital funding rounds this week even as overall start-up funding continues to slow down in volume and value.
Oil and Natural Gas Corporation's (ONGC) standalone net profit at Rs 15,205.85 crore, or Rs 12.09 per share, in April-June, compared to Rs 4,334.75 crore, or Rs 3.45 a share, in the same period a year back.
LIC had posted a standalone profit of Rs 2.94 crore in the corresponding quarter last year. On the other hand, the net premium income of LIC increased by 20.35 per cent YoY to Rs 98,351.76 crore.
The demerger is expected to create one of India’s large listed diversified non-bank financial companies (NBFCs), with a loan book of around $9 billion and would also have a significant presence across retail and wholesale financing.
Revenue from operations during the period under review stood at Rs 5,942 crore as against Rs 4,584.47 crore in the year-ago quarter, Apollo Tyres said in a regulatory filing.
The Scorpio Classic will be offered in two trims - Classic S and Classic S11 - and will continue to be sold alongside the All-New Scorpio-N which was launched in June this year. The prices of the Scorpio Classic would be announced on August 20, 2022.
This campaign gives a rare opportunity for LIC’s valued policyholders to revive their lapsed policies and continue the benefit of insurance to protect the financial interests of their family, LIC stated.
The fintech platform also said that it aims to onboard over 10 lakh women entrepreneurs by FY24.
This green initiative will allow the organisation to save 2,500-2,700 tonnes of CO2 per year, which is equivalent to a 10 per cent reduction in the organisation’s overall carbon footprint in FY22-23, the company said.
IIAS spoke about the massive fall in Paytm shares from the issue price resulting in destruction of wealth for shareholders.
The success of BSE SME platform has created confidence and brought positivity among SMEs and other stake holders, says Ajay Kumar Thakur, Head BSE SME & Start-up, BSE; he hopes the segment will help many more SMEs get equity funding, visibility and unlock value.
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