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India's ICICI Life posts key quarterly margin below estimates, shares slide
BENGALURU: India’s ICICI Life Insurance reported new business margins below expectations on Tuesday, sending shares sliding 3%, while second-quarter profit jumped 25% year-on-year.
Business RecorderIndian benchmark shares jump as encouraging HCLTech earnings propel IT buying
Indian benchmark shares rose on Tuesday, led by the IT index’s biggest one-day gain in more than 17 months after estimate-beating results from HCLTech and as the central bank’s support for the rupee…
Business RecorderIndia rupee outpaces Asian peers on fresh FX curbs, RBI intervention
MUMBAI: The Indian rupee outperformed its regional peers on Tuesday, boosted by new central bank measures to alleviate pressure on the Asian currency and likely spot market intervention that…
Business RecorderIndia postpones UPI payment fee rollout until after Diwali festival
MUMBAI: India has postponed the rollout of a fee on large payments via its popular Unified Payments Interface platform until after the Diwali festival, the National Payments Corporation of India…
Business Recorder
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