Oil India May Acquire 74% In BPCL’s Numaligarh Refinery
According to official sources, while OIL may pick up close to 48 per cent stake, Assam has indicated that it will pick up the remaining to raise its stake to … Read More
Month: January 2020
TVS launches maiden EV scooter iQube
The automaker became the second mainstream two-wheeler player in the country to foray into the electric vehicles market, after arch rival Bajaj Auto. – The Hindu – Industry
Triumph, Bajaj to develop bikes for global market
Motorcycles in the range of 200 cc and 750 cc will be developed by this alliance and the first product will be priced below ₹2 lakh – The Hindu … Read More
Non-Life Insurers Can Offer Standard Health Policies Before April 1
In a circular dated April January 24, 2020, the insurance regulator said that insurers can offer the ‘Arogya Sanjeevani Policy’ – the standard health insurance policy before April 1, 2020. … Read More
ICICI Bank posts over two-fold rise in Q3 profit at ₹4,670 crore
The bank has added 400 branches during the fiscal year to take its total network to 5,275, and added 13,000 people. – The Hindu – Industry
ICICI Bank’s Q3 profit hits record high, BB and below rated pool jumps: Key takeaways
The private lender had hit Rs 3,000 crore profit mark only thrice in history. – Stocks-Markets-Economic Times
ICICI Bank December Quarter Profit Soars 158% To Rs 4,146 Crore
The bank made Rs 2083.20 crore in provisions and contingencies, compared to Rs 4,244 crore in the year-ago quarter, which amounts to a decline of 51 per cent over. The … Read More
ICICI Bank Q3 results: Profit soars 158%, provisions drop by half
The bank made Rs 2 083.20 crore in provisions and contingencies, down 51 % YoY. – Stocks-Markets-Economic Times
Don’t let global headwinds blind you to the huge Asia opportunity
Despite tough global backdrop, co. across much of emerging Asia are confident about their future. – Stocks-Markets-Economic Times
Budget must take the investment route to boost a sluggish economy
Demonetisation broke the back of the MSMEs, leading to consolidation & formalisation of the economy. – Stocks-Markets-Economic Times