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Both life and non-life insurance segments saw robust growth in terms of premiums collected at least till the six-month period ended September 30 of FY20.Even as the economy undergoes a slowdown, the insurance sector posted a substantial…

Mortgage major Housing Development Finance Corporation on Monday reduced its retail prime lending rate (RPLR) on housing loans by 10 basis points, making loans cheaper for all its existing customers.The RPLR, on which its adjustable rate…

With the push-for-premium sustaining, we expect better earnings growth.Hindustan Unilever’s (HUL) Q2FY20 revenue growth of 6.7% YoY came in line, while EBITDA and PAT spurt of 21.0% and 21.5% YoY, respectively, surpassed our estimates.…

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BOSTON (Reuters) - Elliott Management, Paul Singer’s $35 billion hedge fund, kept up its blistering pace of pushing for corporate changes during the third quarter, outspending all rivals with campaigns at AT&T and Marathon Petroleum…

More than 15,000 customers in India are using Oracle to manage their mission-critical workloads.At Oracle Open World in San Francisco last month, the company chairman and CTO, Larry Ellison, made one bold announcement (among several…

Earlier in January this year, the Reserve Bank of India had released a policy paper on authorisation of new retail payment systems.The RBIon Tuesday issued guidelines on ‘on tap’ authorisation of payment systems, including minimum…

MFs invested `95,099 crore towards these long-term instruments in September, lower by nearly 6% over the previous year.Exposure of debt mutual funds towards non-banking financial companies in September stood at `1.8 lakh crore, down by…

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BOSTON (Reuters) - Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher while Philadelphia’s board of pensions terminated its business with his firm after he allegedly made disparaging…