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The resolution plan provides for three options — acquisition of RCFL on as-is-where-is basis, buying the firm with one or more asset books on as-is-where-is-basis and acquiring one or more asset books on as-is-where-is basis.
HDFC Life Q2 profit falls on claims, provisionsNet premium income increased 14 per cent to Rs 11,444 crore due to growth in both the first year as well as renewal income. Income from investments increased 40 per cent to Rs 8873 crore from Rs 6319 crore a year earlier.
fr… Read MoreHindustan Zinc Q2 net profit up 4% at Rs 2,017 crThe Vedanta group firm has also reported record-high operating earnings for the first half of FY22 at Rs 6,890 crore, up 51 per cent year on year.
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… Read MoreAegis Investment Fund buys stake in Muzalis ArtsIn another transaction, Aspire Emerging Fund sold 873,465 shares of Muzali Arts at Rs. 3.49 per share through a bulk deal on the BSE.
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… Read MoreDeepak Fertilisers raises Rs 510 cr via sale of shares to institutional investorsIn a regulatory filing, the securities issue committee of the board of directors at its meeting held on Friday approved the closure of the issue on October 22.
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… Read MoreTCI Express Q2 net profit grows 41% to Rs 34 crThe company had clocked a net profit of Rs 24 crore in the year-ago period, it said in a regulatory filing. Its income from operations during the quarter under review also rose to Rs 274 crore from Rs 212 crore in the year… Read More
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