Mumbai, May 24 (IANS) State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making company in India’s financial sector during the January-March quarter of FY26, reporting a net profit of over Rs 23,400 crore.The insurance giant also retained its top position among Central Public Sector Enterprises (CPSEs) in terms of quarterly profit during the fourth quarter of FY26.LIC last week reported a 23 per cent rise in consolidated net profit to Rs 23,420 crore for th…
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Mumbai, May 18 (IANS) The upcoming Nifty rejig could lead to estimated inflows of around $657 million, with BSE Ltd likely to be included in the benchmark index, replacing IT giant Wipro Ltd, a report has said.A report by domestic brokerage Axis Capital said the NSE indices rebalancing announcement is expected in the second half of August 2026, with changes effective from September 30, 2026.The eligibility assessment is based on six-month average data for the period February 1 to July 31, while …
Mumbai, April 8 (IANS) In a commitment to operational excellence, Adani Electricity observed National Safety Month across its various divisions in the month of March.Aligning with the national theme, titled “Engage, Educate & Empower People to Enhance Safety,” the company organised specialised training sessions, safety drills, and awareness workshops for its staff and field teams. The initiative underscores Adani Electricity’s “Zero Harm” policy and its dedication to ensuring the safety …
Mumbai, March 21 (IANS) Adani Electricity Mumbai Limited (Adani Electricity), part of the diversified Adani Group, has retained its position as India’s top-ranked distribution utility for the second consecutive year with a score of 92.5, reflecting consistent performance across key parameters, the company said on Saturday.Adani Electricity received an A+ rating among 66 electricity distribution utilities assessed nationwide, driven by supply reliability, billing accuracy and effective grievanc…