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financial health News

ICICI Lombard Reports a Stunning 68% Surge in Q3 Net Profit to Rs 724 Crore

Emily Rodriguez 18 Jan, 2025

ICICI Lombard announced a 68% increase in Q3 net profit to Rs 724 crore, despite a slight decline in gross direct premium income. The solvency ratio remains strong at 2.36x, above ...

Business

Government Injects Rs 500 Crore to Boost IFCI's Financial Health

Ryan Peterson 22 Dec, 2024

The Indian government is injecting Rs 500 crore into IFCI to improve its financial health before restructuring. This capital infusion will increase the government's stake in IFCI t...