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During FY25, the gross reinsurance premium written by Indian reinsurers and FRBs stood at Rs 69,228.64 crore. Of this, domestic business continued to dominate, accounting for nearly 85 percent of the total, while foreign business contributed the remaining share
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In the coming year, Sebi is looking to initiate an exercise to rationalize and optimize existing regulations in order to reduce compliance cost for market intermediaries.
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According to HDFC Life’s annual report, the company issued only 12.7 lakh individual policies during the financial year
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While credit growth continued to remain in double-digit in FY25, public sector banks outpaced their private counterparts in expanding credit
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In March 2025 alone, UPI recorded its record-highest of 19.78 billion transactions, amounting to Rs 24.77 lakh crore in value.
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This marks a significant increase from Rs 70.47 lakh crore in the previous year
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According to the report, PhonePe’s investment is aimed at enhancing its ability to comply with stringent data localization regulations imposed by financial regulators
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A vibrant primary market has ensured that SEBI managed to earn over Rs 270 crore through the filing fee that entities have to pay the watchdog upon submitting offer documents for IPOs, takeover offer or buyback, among other things.
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Sennes was launched in 2024. The brand offers luxury lifestyle products and jewellery including leather bags and lab-grown diamonds.
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Reliance Retail undertook equity fund raise of Rs 17,814 crore during FY24.
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Mukesh Ambani, chairman and managing director of RIL, said the company is now ready for the next level of growth after consolidating its balance sheet in FY24.
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All RIL business verticals—oil and gas, retail, digital services, and oil-to-chemical—boosted operational performance, driving EBITDA growth in FY24.
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Pallia disclosed that the company holds 470 AI patents, and its Lab45 AI platform is ready to use.
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Vedanta Ltd has planned a capex of $1.9 billion and intends to reduce the working capital requirement.
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Parekh’s salary was next only to Wipro’s former CEO Thierry Delaporte who earned $20 million (about Rs 166 crore), which included a severance-related package of Rs 92.1 crore.
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Wipro said businesses have adopted a cautious approach to technology investments, leading to reduced discretionary spending
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Premji is entitled to a 0.35 percent commission on incremental consolidated net profits, but since it was negative, no commission was payable
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Outgoing Chief Operating Officer NG Subramaniam earned Rs 26.18 crore in FY24
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Jamie Dimon described the invasion of Ukraine by Russian forces as a stark reminder of the fragility of international security. The ongoing violence in the Middle East further exacerbates concerns, adding to the risk of regional destabilisation, he said.
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Paytm is investing in AI to help various financial institutions capture possible risks and frauds
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The capital market regulator Securities and Exchange Board of India (SEBI) has shown an increased focus on front-running investigations and has achieved higher completion rates in the financial year 2022-23
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A total of 185 applications related to violations of securities regulations were resolved through settlements with the capital markets regulatory body, SEBI, in the fiscal year 2023
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In fiscal year 2022-23, technological advances and maintenance methods resulted in considerable energy savings of 2.53 million GJ, for Reliance.
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ITC Ltd. commissioned a new Integrated Consumer Goods Manufacturing and Logistics facilities (ICML) at Khordha, Odisha.
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Tata Steel says the outlook for India remains positive, led by a strong urban consumption and infrastructure spending. This comes at a time when demand in the US is seen growing at a moderate pace, and exports are expected to decline further with rise in protectionism and slowdown in global demand.
