'Scale Of Wealth Destruction Is Sudden And Sweeping'

618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024.That number has fallen to 500 following a $1 trillion wipeout in India's market......

Valuations support ICICI Prudential Life despite margin challenges

ICICI Prudential Life Insurance (IPRU) disappointed the market even though some analysts said the Q3FY25 results were in line. Most analysts cut margin estimates. The insurer reported M9FY25......

HDFC Bank gets RBI nod to buy stake in ICICI Bank, 5 others

HDFC Bank on Tuesday said RBI has given approval to the group to acquire up to 9.5 per cent stake each in six lenders, including ICICI Bank and Axis Bank. IMAGE: Kindly note that this image has......

Tough Time Ahead for Banking Sector?

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay. Illustration: Dominic......