The government has asked regulators for a swift review of Life Insurance Corporation’s draft prospectus, two government sources with knowledge of the matter said – as it pulls out all the stops to have the country’s biggest IPO completed by March Read More

We delivered a steady performance in Q3 with healthy EBITDA and strong cash generation, while continuing to invest in building a pipeline of products across businesses, said co-chairman and managing director GV Prasad. Read More

Net interest income (NII) for the quarter rose 11.81 per cent YoY to Rs 4,334 crore from Rs 3,876 crore in the same quarter last year. Net interest margin (NIM) for Q3FY22 came in at 4.62 per cent. Read More

The selling in these stocks has been triggered by fears of higher interest rates reducing their net present value and in some cases like Paytm, doubts over their business model Read More

Air India returned to the Tata Group after nearly 70 years yesterday. The salt-to-steel conglomerate won the bid to take over Air India in October, after years of struggle by the government to privatise the airline. Read More