ICICI Lombard’s net profit witnessed a slight dip of 2% to ₹510 crore in the fourth quarter ending March 31, compared to ₹520 crore in the previous year. Despite this, the company’s total income increased to ₹5,851 crore from ₹5,165 crore year-on-year. Gross direct premium income also saw a rise, reaching ₹6,211 crore.
FIIs remain net buyers in May, infuse Rs 18,082 crore into Indian equities
Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of