Investment



Polycab India Limited announces Q2FY20 Results for the Second Quarter and Half-Year ended September 30 2019 posts Q2FY20 Revenue at Rs. 22,419 mn; up 24% y-o-y PBT at Rs. 2,303 mn; up 66% y-o-y PAT at Rs. 1,938 mn; up 117% y-o-y

MUMBAI, OCTOBER 23, 2019 (GPN) :  Polycab India Limited (BSE: 542652, NSE: POLYCAB) today announced its consolidated results for the second quarter and half year ended September 30 2019. Commenting on the financial performance, Mr. Inder Jaisinghani, Chairman…


HDFC Life Q2 FY20 posts Strong growth of 57% in Value of New Business, 38% in APE

Other Key Highlights: Ranked #1 in total new business premium Industry leading NBM of 27.5% Solid Operating return on EV of 19.6% Term APE growth of 43% Healthy PATGrowth of 10% MUMBAI, OCTOBER 23, 2019 (GPN): The Board of Directors of HDFC Life approved and adopted today the consolidated andstandalone audited financial results for the half year ended September 30, 2019. Below is the summary of ourstandalone results: Commenting on the half year’s solid performance, Ms.Vibha Padalkar, MD & CEO said “We have delivered strongperformance across all key metrics and have continued to sustain our profitability. Despite a challenging macro-environment, we have grown by 35% on Individual WRP, compared to industry growth of 11%.This has enabled us toincrease our market share by 220 basis points to 15.2%. Our diversified distribution mix is underpinned by the stronggrowth of our proprietary channels, coupled with steady performance across our corporate partners. We remaincommitted to tap the immense protection and retirals opportunity in India. We expect our continued product innovationand advancements in the use of technology to sustain our performance across business cycles. These factors put usin a good position to harness the longterm growth potential of the life insurance industry and…




Aditya Birla Finance Ltd in partnership with Indian Dental Association launches ‘easy EMI facility for dental treatments’ at World Dental Show 2019

MUMBAI, OCTOBER 22, 2019 (GPN): Aditya Birla Finance Limited (ABFL), the lending subsidiary of Aditya Birla Capital Ltd., in partnership with Indian Dental Association (IDA) has launched an easy EMI facility for dental treatments at 11th World…


EXIM BANK OF INDIA TAPS NEW FUND SOURCE: AS A PILOT, RAISES US$ 50 MN, 3 YEAR TENOR SOCIALLY RESPONSIBLE MEKONG REGION DEVELOPMENT BOND (SR BOND)

MUMBAI, OCTOBER 19 2019, (GPN): Export-Import Bank of India (Exim Bank), India’s premier export finance institution, successfully issued its first ever USD-denominated Socially Responsible Bond for US$ 50mn. The Bond is significant as it marks the…


L&T Technology Services continues double-digit revenue growth in Q2FY20, Q2 Revenue of ₹ 1,402 crore, up 11% YoY, Q2 Net profit of ₹ 206 crore; up 8% YoY

INDIA, OCTOBER 18, 2019 (GPN): L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the second quarter ended September 30, 2019. Highlights for Q2FY20 include: USD Revenue at…