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Share of corporate loans, ‘BBB and below’ exposure (lowest among peers) and lumpy fees have declined sharply

The insurance giant Life Insurance Corporation (LIC) plans to launch three to four new products in the upcoming months in an effort to increase new business premiums by double digits during the current fiscal year.

Shares of Kesoram Industries achieved a 5% upper circuit of Rs 123 per share on November 23 following the news development. Additionally, the stock was trading near its 52-week highs.

Prior to the IPO, the company secured Rs 177.9 crore from anchor investors on November 21.

Wholesale tractor volumes declined 4.3% in Oct, but retail up 7.2%. Fertiliser volumes up 5.7% in Aug, but flat YTD.

He is an Associate of The Institute of Chartered Accountants of India (ICAI) and has a Bachelor of Commerce from the University of Delhi.

According to the press release, the money consists of an agreement to syndicate an additional $125 million co-financing from other development partners and a loan of up to $125 million from ADB.

The price band for the IPO has been set at Rs 160-169 per share, with a lot size of 88 shares.

he combination of higher iron ore prices and increased sales volumes is expected to result in higher revenue for NMDC

Siemens stated in an exchange filing that it has been accused in the order of underpaying service tax liabilities to the extent that they are due for the discrepancies between the values reported in financial statements and service tax filings for the fiscal years 2008–09, 2010–11, and 2011–12.