Clipped from: https://www.business-standard.com/companies/results/icici-lombard-q2-fy25-results-net-profit-increases-20-to-rs-693-crore-124101801133_1.html The gross direct premium income (GDPI) rose 10.4 per cent Y-o-Y to Rs 6,721 crore from Rs 6,086 crore ICICI Lombard General Insurance
Author: Anil R Tikotekar
👌👌👌Kotak Mahindra Bank to buy Rs 4.1K cr India personal loan book of StanC | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/kotak-mahindra-bank-to-buy-rs-4-1k-cr-india-personal-loan-book-of-stanc-124101801189_1.html This deal marks the second significant transaction between an Indian private sector bank and a foreign bank in recent years Leading private sector
👌👌👌HDFC Bank Q2 Results 2024: Net profit increases 5% to Rs 16,820 cr | Company Results – Business Standard
Clipped from: https://www.business-standard.com/companies/results/hdfc-bank-q2fy25-results-net-profit-increases-5-to-rs-16-820-cr-124101900490_1.html The bank’s gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25 The bank has mobilised over
👌👌👌👌👌We don’t want to join any party: RBI Guv on rate cut by other central banks | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rate-cut-at-this-stage-will-be-premature-and-very-risky-rbi-governor-das-124101800855_1.html We are not managing the exchange rate, Das clarified RBI Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned on
The ‘principal’ issue of fixing audit accountability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-principal-issue-of-fixing-audit-accountability/article68753524.ece Revised SA 600 puts the onus on the principal auditor in group audits involving holding companies and subsidiaries Companies Act 2013 mandates auditors
👌👌👌Travel insurance: Get pre-existing ailments covered by paying extra premium | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/travel-insurance-get-pre-existing-ailments-covered-by-paying-extra-premium-124101400996_1.html Non-medical coverage includes trip cancellations, curtailments, flight delays, missed connections, and loss of checked-in baggage, passports, and other important documents Photo: Shutterstock Listen
👌👌👌Over-reliance on AI poses financial stability risks: RBI Governor Das | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/over-reliance-on-ai-may-pose-financial-stability-risks-rbi-governor-124101400757_1.html Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored (Photo: Shutterstock) Listen to This Article Reserve Bank of
SC revives Adani’s Rs 27K cr insolvency resolution for KSK Mahanadi project | Company News – Business Standard
lipped from: https://www.business-standard.com/companies/news/sc-revives-adani-s-rs-27k-cr-insolvency-resolution-for-ksk-mahanadi-project-124101401184_1.html The lenders have made claims of Rs 29,330 crore against KSK Mahanadi, which was sent for debt resolution in 2020 after the firm
👌👌👌Travel tip: Use prepaid forex card when abroad, avoid currency fluctuations | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/travel-tip-use-prepaid-forex-card-when-abroad-avoid-currency-fluctuations-124101000771_1.html Avoid dynamic currency conversion by paying in the local currency instead of Indian rupees Plan your finance before travel abroad. (File photo: Freepik)
PSU defaults, moral hazards: Can banks keep relying on govt ownership? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/psu-defaults-moral-hazards-can-banks-keep-relying-on-govt-ownership-124101300301_1.html MTNL and RINL aren’t good stories, particularly when both lenders and investors are getting their appetite for the infrastructure sector back Listen to
Facing pension delays? File a consumer complaint for quick resolution | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/facing-pension-delays-file-a-consumer-complaint-for-quick-resolution-124101300552_1.html National Commission observed the dispute was for pension benefit for which consideration in the form of contribution had been paid, so the complaint
The CGST rules: Helpful amendments, court decisions for exporters | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/the-cgst-rules-helpful-amendments-court-decisions-for-exporters-124101300647_1.html CBIC had issued its circular prescribing the procedures for the payment of IGST and compensation cess (CC) along with interest by the importers
RBI asks citizens to settle fee, charges on forex prepaid cards in rupee | Latest Updates | News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-asks-citizens-to-settle-fee-charges-on-forex-prepaid-cards-in-rupee-123050901207_1.html The internationalisation of the domestic currency would make domestic monetary policy more challenging but the option of compromising on growth by playing it
Q2 results preview: Lower input costs may aid pharma firms’ margins | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/q2-results-preview-lower-input-costs-may-aid-pharma-firms-margins-124101300362_1.html Analysts expect overall sales growth to be 10-11% Listen to This Article Analysts are expecting pharmaceutical companies to post sales growth of 10-11
Why banks are branching furiously – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/why-banks-are-branching-furiously/article68748759.ece From financial inclusion to wooing back savings deposits, lenders have reasons to reject digital-only mode Even as digital banking finds more and more
👌👌👌RNT: Judging a leader’s true nature – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/rnt-judging-a-leaders-true-nature/article68746621.ece How Ratan Tata’s bold nature is evidenced by his enterprise moves As Ratan Tata has passed on, many commentators have attempted to reveal
👌👌👌Holding to account – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/holding-to-account/article68740017.ece ICAI should accept NFRA’s view on group audits India is yet to adopt its version of an international auditing standard that places greater
Unambiguous commitment: MPC wants the disinflation process to be completed | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/unambiguous-commitment-mpc-wants-the-disinflation-process-to-be-completed-124100901280_1.html Monetary policy committee’s shift offers flexibility but no signal of rate cuts; RBI Governor highlights inflation and stability as key priorities Listen to
👌👌👌👌👌A valuable legacy: Ratan Tata built a cohesive, forward-looking group | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/a-valuable-legacy-ratan-tata-built-a-cohesive-forward-looking-group-124101001341_1.html Ratan Tata’s transformative leadership steered the Tata Group through challenges and globalization, reshaping it into a cohesive powerhouse Listen to This Article Ratan
👌👌👌👌👌Jagdeep Singh Bachher on Ratan Tata Life: Ratan Tata valued honesty and integrity, his legacy is inspiring | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/economy/analysis/ratan-tata-valued-honesty-and-integrity-his-legacy-is-inspiring-124101000443_1.html He was passionate about entrepreneurship and committed to making the world a better place, writes Jagdeep Singh Bachher Jagdeep Singh Bachher with late