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ICICI Pru Life posts 3% rise in Q3 net profit

Updated at : 2024-01-18 07:40:03

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For the nine-month period, the annualised premium equivalent, a measure of life insurance business computed as a sum of annualised first-year premium and 10% of single premiums, grew by 1.7% to ₹5,430 crore.

​The S&P BSE Sensex closed 2.23% lower at 71,500, while the NSE Nifty50 index closed below the 21,600 level.​

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GLOBAL-Gold retreats to near one-week low on hawkish Fed comments

DIGITAL WORLD-TRUMP MEDIA/Trump-linked SPAC may raise up to $50 mln via convertible notes, warrants

The government proposes to sell an additional 100,450,348 shares, representing 1% of the total paid up capital of the company, in case of an oversubscription. The OFS will open for subscription to institutional investors on Thursday, and for retail investors on Friday.

NCDs proposed to be issued under this Issue are rated as BBB+/Stable ratings by Crisil. It indicates a moderate degree of safety regarding the timely servicing of financial obligations.

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​US Treasury yields climbed on Wednesday after an unexpected rise in UK inflation last month and stronger-than-expected U.S. December retail sales data strengthened the case that interest rate cuts will not be as imminent as the market expects.

GLOBAL-FOREX/ (UPDATE 4)FOREX-Dollar reaches one month high as sentiment nervous , pound jumps on inflation data

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