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₹5 trillion. Mortality claims accounted for about 12% of the total claim payout. Policies attaining maturity or getting lapsed or even being surrendered constituted 96% of all the claims and 88% of the total claims outflow.

Airtel's improving subscriber mix, cost-led margin improvement, and improving free cash flow generation in the June quarter were strong enough reasons for the US brokerage to reiterate a buy. Hong Kong-based CLSA too maintained a 'Buy' stance on the counter, arguing for a favourable risk-to-reward ratio. The stock jumped nearly 2% on the NSE to attain its day's high of Rs 482.

The shares of Afterpay’s parent company, Block, tumbled by 10 per cent on Friday despite second quarter earnings beating forecasts and a stronger outlook, with the company calling out Australian spending as being more challenged than the United States.

Several other wind farms planned in western Victoria are in the firing line of rules being imposed to protect the iconic brolga waterbird, opening up the possibility that a big chunk of renewable power generation needed to help meet climate targets does not proceed.

Ahmed, also known as Kala, aged 24, and Mohammed Zeeshan Pasha, aged 20, both residents of Govindapura, were arrested, while their two accomplices remain at large. The authorities were able to seize two swords and recover two stolen scooters during the arrests, leading to the resolution of two robbery cases and two vehicle theft cases reported in Banasawadi, Sampigehalli, and DJ Halli police stations. The first incident took place on July 19 when the suspects targeted Nitesh Bhatia, a private firm employee returning home in his car at 3 am.

Varun Beverages with a target price of Rs 920. The current market price of Varun Beverages is Rs 837.05.

Minda Corporation, incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 6990.68 Crore) operating in Auto Ancillaries sector. Minda Corporation key Products/Revenue Segments include Other Auto Components, Other Operating Revenue, Scrap, Duty Drawback, Royalty Income and Job Work for the year ending 31-Mar-2023.Financials For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 1076.44 Crore, down -.05 % from last quarter Total Income of Rs 1076.94 Crore and up 6.11 % from last year same quarter Total Income of Rs 1014.46 Crore.

Bharat Forge, part of the casting & forging industry, recorded a breakout from a 2-year consolidation phase on the weekly charts recently which could push the stock above Rs 1,000 levels in the next 2-3 months, suggest experts. The stock has been hovering in a narrow range where Rs 900-920 acted as a stiff resistance while on the downside levels above Rs 740 acted as crucial support on the weekly charts. The stock did witness a breakout earlier this week when it touched a record high of Rs 937 on 1st August 2023, but it failed to hold on to the momentum.

«It may not have been visible in the recent quarters because there is a lag impact between how raw material costs or input costs behave and what happens in terms of the P&L in the companies,» says Harsha Upadhyaya, Kotak AMC.You liked cement in the past and you have said, look, the cash flows in the cement sector are getting better. It is a sector where pricing power should improve, but the reverse is at play. Even though decent consolidation has happened after the Adani’s entry into ACC and Ambuja, I looked at the numbers from Dalmia, even for that matter UltraTech, they do not look impressive. Why is cement not coming back given the economy is growing, roads are getting built? See, clearly demand has continued to remain strong but we have not seen price growth as you rightly mentioned, but we should also look at how costs have moved down in this sector.

Zomato’s first-ever quarterly profit triggered sharp interest in the stock, with investors rushing to lap up shares as soon as the markets opened on Friday. Nearly 5.25 crore shares changed hands in the opening trade on the NSE, catapulting the stock price by over 8% to its 52-week high of Rs 93.65. While the June quarter earnings were announced during the fag of Thursday's trading session, the stock responded immediately and jumped 2%.

Jairam Ramesh on Friday said Cipla, is an integral part of the country’s political, economic and social history and its impending takeover by Blackstone should sadden everyone. The Congress general secretary quoting an ET report said on Twitter, “It was painful to learn that Blackstone, the world's largest private equity fund, is negotiating to acquire the entire 33.47% promoter stake in Cipla, India's oldest pharmaceutical company.” Cipla was established in 1935 by Khwaja Abdul Hamied who was profoundly impacted by Mahatma Gandhi, Nehru Sardar Patel and Maulana Azad. He also played an important role in creating Council of Scientific & Industrial Research (CSIR), said Ramesh, who is the chairman of Parliamentary standing committee on science and technology, environment and climate change. «Cipla soon emerged as a shining example of Indian nationalism and his son Yusuf Hamied made Cipla a global supplier of low-cost generic medicines and successfully challenged American, German and British monopolies and patent holders,» he said in his Twitter post. «He (Yusuf Hamied) paved the way for many other Indian companies to establish themselves in different countries. He is one of the most charming and delightful businessmen I have had the privilege of knowing,» Ramesh said.

The American economy has generated at least 200,000 new jobs for a record 30 straight months

India VIX was down by 0.84% from 11.27 to 11.18 levels on Thursday. Volatility spiked towards 12 and sank gradually during the day.

Christopher Landon will be tackling the seventh instalment of popular slasher franchise 'Scream' for Hollywood studio Spyglass. Landon, known for 'Paranormal Activity' movies, 'Happy Death Day', and 'Freaky', will take over the directing duties from Matt Bettinelli-Olpin and Tyler Gillett from the filmmaking team Radio Silence. According toThe Hollywood Reporter, Bettinelli-Olpin and Gillett stepped back from the project to focus on their original horror movie for Universal. The duo, as well as third group member Chad Villella, will now act as executive producers. Bettinelli-Olpin and Gillett had successfully rebooted the 'Scream' franchise with their 2022 movie 'Scream'. They also directed the sixth chapter of the long-running series that came out in March this year. The 'Scream' franchise started with 1996 movie 'Scream', directed by Wes Craven and starring Neve Campbell as Sidney, the target of the Ghostface killer, whose look was inspired by the Edvard Munch painting The Scream.

Viacom18 is looking to scale up its tentpole entertainment property Bigg Boss to reach 350-400 million audience on both TV and digital for the seventeenth season while aiming to generate Rs 350 crore of revenue. The media network is pitching Bigg Boss as the second most popular media property after the Indian Premier League. «Bigg Boss is the IPL of entertainment,» Viacom18 Head of Network Sales Mahesh Shetty told ET.

Headwinds across the wealth management industry and specific challenges in Envestnet’s data and analytics business contributed to another slide in quarterly earnings for the largest provider of financial advisor technology and outsourced investment management.

Cipla’, according to a report published by Economic Times. With this, the eventual exit process of the Hamied family from the company started in 1935, will be formally started. Moneycontrol earlier reported that Cipla's top shareholders are in talks to sell around 33.47% of their stake in the company to private equity players including Blackstone and Baring Asia.

Day trading guide for today: Following Wall Street sell off after Fitch downgraded US credit rating, Indian stock market finished lower for third straight session on Thursday. Nifty 50 Index went down 144 points and ended at 19,381 levels, BSE Sensex lost 542 points and closed at 65,240 mark whereas Bank Nifty index finished 482 points lower at 44,513 levels. However, broad market indices ended higher.

Narendra Modi why he is comparing Manipur and Rajasthan with respect to criminal cases against women. The remarks came while addressing a press briefing in Jaipur on Thursday, according to a report published by the news agency ANI. “I think PM Modi is also nervous this time.

Buy or sell stocks for today: Following weak global cues, Indian stock market ended lower on third day in a row. NSE Nifty lost 144 points and closed at 19,381 levels, BSE Sensex corrected 542 points and finished at 65,240 mark whereas Bank Nifty index ended 482 points lower at 44,513 levels.

Hospitality major Indian Hotels has been holding well above the 50-DEMA on the daily, weekly and monthly charts, and the support for the stock is also gradually shifting higher.