In support of Philippines’ Universal Health Care (UHC) program
Posts in category Business Standard
Muthoot Microfin secures corporate agent license from IRDAI (25-06-2024)
Muthoot Microfin has secured a corporate agent license from the Insurance Regulatory and Development Authority of India (IRDAI) that would enable it to offer tailored insurance plans to its customer base.
Ace Men Engg Works reports standalone net profit of Rs 0.01 crore in the March 2024 quarter (25-06-2024)
Reported sales nil
Ashoka Concessions standalone net profit declines 95.60% in the March 2024 quarter (25-06-2024)
Sales decline 6.23% to Rs 31.74 crore
Paramount Cosmetics (India) reports standalone net loss of Rs 0.21 crore in the March 2024 quarter (25-06-2024)
Sales decline 31.36% to Rs 5.10 crore
Welcure Drugs & Pharmaceuticals reports standalone net loss of Rs 0.02 crore in the March 2024 quarter (25-06-2024)
Reported sales nil
Hedge Finance standalone net profit rises 112.00% in the March 2024 quarter (25-06-2024)
Sales rise 25.78% to Rs 11.71 crore
One International Centre Pvt reports standalone net loss of Rs 8.38 crore in the March 2024 quarter (25-06-2024)
Sales rise 85.44% to Rs 95.13 crore
BII vows $75 mn to Symbiotics’ 2nd green basket bond for emerging markets (25-06-2024)
British International Investment, the UK’s development finance institution, on Tuesday said it has committed USD 75 million (about Rs 625 crore) to the second green basket bond arranged by emerging markets access platform and financial lender Symbiotics Investments.
The green lending programme will increase financing to small-scale green projects across Africa, South and South-East Asia through MSME lenders, with 50 per cent of the financing earmarked for India, British International Investment (BII) said in a statement.
It will focus on supporting new MSME lenders not included in the first green basket bond. The first green basket bond supported 11 MSME lenders in India, Vietnam, Cambodia, Tunisia, Botswana, Kenya, Bangladesh and Nepal, it added.
“Partnering with Symbiotics on a second green basket bond signifies a continued commitment to empowering smaller financial institutions and supporting sustainable development in climate-vulnerable regions,” BII Managing Director and Head o
Indices hit record highs, Nifty ends above 23,700; private banks rally (25-06-2024)
Domestic equity benchmarks soared to new highs today, buoyed by strong performances from private banks. The Sensex and Nifty both notched record closing levels, with the Nifty breaching the 23,700 mark. Pre-budget optimism and positive monsoon expectations boosted sentiment. However, some profit-taking weighed on realty, metals, and power stocks, highlighting sector rotation as the market navigates its upward climb.