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Founded in 2008, Shriram General Insurance is a joint venture between Shriram Capital, the holding company for Shriram Group’s financial services business and Sanlam Limited, a leading pan-African financial services group. The transaction will be the New York-based alternate asset manager’s third investment in Indian insurance segment.

According to analysts, the government has increased the pace of awarding of roads projects after the elections in five states. That would also help MoRTH to achieve its target for the full year.

Motilal Oswal expects NBFCs under its coverage to report a year-on-year net profit growth of 32% led by Bajaj Finance, Cholamandalam Investment and Finance, L&T Finance and LIC Housing Finance (LICHF). It expects higher credit costs to hurt Mahindra & Mahindra Financial Services, which could impact its earnings.=

Bad loan ratios will decline because of recoveries or write-offs of legacy problem loans while the formation of new stressed loans will stabilise as the economy recovers.

Buffett, 91, has long objected to the costs of doing business on Wall Street. He rarely uses investment banks at Berkshire, relying on 98-year-old Vice Chairman Charlie Munger for help in major capital decisions.

The Dow Jones Industrial Average fell 90.9 points, or 0.26%, at the open to 34630.27.

Tuesday is likely to see a tepid start to the day. The levels of 17,750 and 17,835 will act as resistance points. The supports come in at 17,600 and 17,560 levels.

“Maybe in two quarters, attrition will fall but do not expect it to go below pandemic level because if it goes to pandemic level or pre pandemic level, I will downgrade the whole sector because then it is a negative sign. It means that demand is not good. I want good attrition but not this level of attrition. ”

One worry for the company is its high attrition rate -- the rate of employees resigning in a year -- that some believe may be peaking. The company said IT services attrition continued to climb, reaching 17.4 per cent in Q4.

"With the substantial easing of restrictions on movement of people and functioning of offices, it has now been decided to restore the opening time for regulated financial markets to their pre-pandemic timing of 9 am," the release said.