LIC valuation dips  ₹40,000 cr on stock market fall, rising rates

LIC valuation dips ₹40,000 cr on stock market fall, rising rates

MUMBAI : Life Insurance Corp. of India (LIC) has suffered a ₹40,000 crore hit on its valuation due to the extended fall in equity markets and rising interest rates affecting yields from its debt investment, a top executive said. “The equity market fall has impacted the valuation of equity investment holdings by LIC,” an executive […]

Foreign private capital still betting on India

Foreign private capital still betting on India

MUMBAI : Foreign private equity investments in India may beat last year’s record inflows despite fears of a global slowdown as the war in Europe, China’s crackdown on startups and the relative outperformance of India make the country one of the few attractive bets of its size. India’s share of the total allocation of global […]

Dhruv Consultancy receives LOA for Engineering Services for Sikar – Bikaner Section of NH-11; stock surges ~7%

Dhruv Consultancy receives LOA for Engineering Services for Sikar – Bikaner Section of NH-11; stock surges ~7%

Dhruv Consultancy Services Limited informed that it has received the Letter of Acceptance (LOA) for the Independent Engineering Services during the Development and Operation of Sikar – Bikaner Section of NH-11. It extends from Km. 340.188 of NH-11 to Km. 557.775 of NH-11 via Sikar Bypass and Bikaner Bypass. Further, from Km. 553.869 of NH-11 […]

Dhruv Consultancy receives LOA for Engineering Services for Sikar – Bikaner Section of NH-11; stock surges ~7%

Thomas Cook India & SOTC extends partnership with Vistara; stock climbs ~2%

Thomas Cook (India) Limited and its Group Company, SOTC Travel, have launched Vistara Getaways – International, as part of their exclusive partnership with Vistara, India’s finest full-service carrier (a joint venture of the Tata Group and Singapore Airlines). Following the success of Vistara Getaways (Domestic), which launched in 2021 to capitalize on the easing of […]

Why the ongoing inflationary phase is transient and what investors must do

Why the ongoing inflationary phase is transient and what investors must do

Inflationary alarms have panicked equity markets and spooked investors across borders. Almost every economist has cast aspersions peppered with cautious warnings on how inflation could affect global economies. As a result, a lot of faith is currently on a questionable wicket. Global central banks are striving to tame inflation, which was earlier considered a transitory […]