ICICI Lombard witnessed a slight dip in net profit, reporting Rs 510 crore for the quarter ended March 31, despite a rise in total income and gross direct premium income. The board recommended a final dividend of Rs 7 per share.
Investor optimism for a deal to reopen the Strait of Hormuz is boosting markets. Hopes of peace have lowered oil prices and eased pressure on
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall
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