Nirmala Sitharaman told the Lok Sabha about allowing 100% FDI in insurance. This move aims to unlock the sector’s potential and enhance coverage. The government projects a 7.1% annual growth for the insurance sector. Raising the FDI limit eliminates the…
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Lenskart Solutions Pvt., supported by SoftBank Group Corp., is preparing to file for an initial public offering (IPO) of approximately $1 billion as early as this week. The eyewear retailer is finalizing its valuation and will submit its draft red…
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BGO and Aditya Birla Sun Life AMC have invested Rs 350 crore in debt to Namo Realtech, an NCR-based real estate company, to support its expansion plans. Namo Realtech is currently developing 6.4 million square feet in collaboration with Max…
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Indian consumers are buying more private label products. Retailers like DMart and Reliance Retail have seen big sales jumps in their own brands. Shoppers are looking for cheaper options due to rising prices. Many feel private labels are as good…
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Private lender reported a Rs 604 crore profit in Q1 FY26, recovering from a loss in the previous quarter. IndusInd however sees fresh stress in its recently rebuilt microfinance portfolio. The bank resumed corporate loan disbursals in July, expects single-digit…
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Key Takeaways from experts on TCS layoffs and India’s IT sector reset: * Indian IT sector is undergoing a structural correction, not a temporary slowdown.* Layoffs stem from internal inefficiencies, not primarily artificial intelligence. * Mid-level roles tied to legacy…
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