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ICICI Life Insurance Limited reported a 26.5% year-on-year increase in profit after tax to ₹760 crore in the first half of FY2027, while highlighting expanded insurance coverage, timely claim settlements and improved policy issuance for customers. The company’s new business premium rose 25% to ₹11,821 crore, while its value of new business (VNB) increased 22.3% to ₹1,283 crore, with a margin of 26%. Retail protection grew 47.2% and annuity business expanded 50%, taking retail sum assured up 34.9% to ₹2.32 lakh crore. For policyholders, the company reported a claim settlement ratio of 99.3%, with an average turnaround time of 1.1…

L&T Finance reported its highest-ever consolidated profit after tax (PAT) of Rs. 975 crore for the quarter ended September 30, 2026, marking a 33% year-on-year increase. Its consolidated loan book expanded 28% to Rs. 1,36,635crore, reflecting sustained lending momentum and growth across retail-focused business segments. Retail disbursements rose 27% to Rs. 24,027 crore, while the retail loan book increased 29% to Rs. 1,34,600 crore. Personal loan disbursements grew 45%, and gold finance disbursements surged 229%, taking the gold finance book to Rs. 5,043 crore, up 242%. Two-wheeler finance and SME finance disbursements increased 26% and 24%, respectively. The performance highlights…

India’s largest steelmaker, JSW Steel, reported a massive 225.5 percent surge in consolidated net profit for the second quarter of the current financial year, reaching ₹5,359 crore compared to ₹1,646 crore in the same period of the previous year. This remarkable growth was driven by higher sales volumes and stronger pricing realisations. The company registered a 20.6 percent increase in revenue from operations, which rose to ₹54,486 crore in Q2 against ₹45,152 crore in Q2FY26. On a consolidated level, sales volumes surged 13 percent year-on-year to 7.46 million tonnes (mt), bolstered by the rapid ramp-up of a new 5 mt…

Greaves Electric Mobility Limited (GEML), the electric mobility business of Greaves Cotton Limited, has strengthened its retail and service footprint in West Bengal with the inauguration of a new Ampere Experience Centre, Sri Baladeb E Byke, at South Srirampur Auto Stand in Nawadwip. The facility will offer customers access to Ampere’s electric scooter portfolio, including the Nexus EX+, Magnus GMax, Magnus Neo and Reo Vyb, alongside sales, service and product guidance. The expansion is aimed at improving customer engagement and making electric mobility more accessible in regional markets. The Nexus EX+ features a 5 kW motor, while selected Nexus EX+…

Vikram Solar Limited, one of India’s leading solar module manufacturers, has partnered with Ahiritola Sarbojonin Sarodotsav 2026 as title sponsor, using the city’s Durga Puja celebrations to promote solar energy through its campaign, “EbarPujoRobirAloy” (This Pujo, in the Light of the Sun). Organised by Ahiritola Jubak Brinda, the festival features a solar-powered art installation displaying Rabindranath Tagore’s handwritten poem. Vikram Solar panels will illuminate the installation throughout the festival, bringing together Bengal’s cultural heritage and renewable energy technology. The pandal was inaugurated on October 15 in the presence of Industry Minister Tapas Roy, Tourism and Cultural Affairs Minister Purnima Chakraborty,…

Birla Opus Paints has announced the launch of ‘Praner Para’, a community-led initiative designed to celebrate the unique cultural identity of West Bengal’s neighbourhoods through colours, storytelling and bespoke murals. The initiative invites residents across the state to nominate their Paras at www.birlaopuspranerpara.com and share the stories, traditions, landmarks, people and cultural elements that make their neighbourhood distinctive. Fifteen Paras will be selected, including communities from Kolkata, Asansol, Siliguri and Bardhaman, to collaborate with the company on customised murals reflecting their local heritage and shared experiences. The programme seeks to recognise the role of Paras as centres of friendship, festivals,…

Birla Fertility and IVF has been empanelled under the Mizoram Universal Healthcare Scheme (MUHCS), enabling eligible couples to access specialised in-vitro fertilisation (IVF) treatment at its Guwahati centre with government-supported treatment costs. The partnership with the Mizoram State Health Care Society will also facilitate specialist fertility consultations through outpatient department (OPD) services in Aizawl. Eligible couples can approach the Chief Medical Officer’s office in Aizawl for referrals and authorisation before accessing treatment in Guwahati. Abhishek Aggrawal, CEO of Birla Fertility and IVF, said the initiative would help reduce financial barriers to fertility care. Dr Kalpana Jain, fertility specialist at the…

ICICI Life Insurance Limited has announced plans to recruit 20,000 women advisors across India by the end of FY2027, offering homemakers, salaried professionals and businesswomen an opportunity to build careers as financial planners under its Narishakti initiative. Announced during Navratri, the recruitment drive marks the second anniversary of the initiative, launched in 2024 to empower women through training, professional support and flexible working schedules. The programme allows participants to pursue careers without upfront investment while balancing family responsibilities, gaining financial independence and helping families access insurance protection. As of September 30, 2026, the company had more than 78,000 women advisors,…