Business

MFIs’ net profit more than doubles in Q3

Emerging from the shock of the pandemic period, the net profit of listed microfinance institutions (MFIs) and MFI subsidiaries of listed firms more than doubled year-on-year (YoY) to Rs 508 crore in the third quarter ended December 2022. The buoyant interest income – 25 per cent YoY and decline in credit costs ulasan film helped

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Business

Govt has not set up any committee to probe Adani Group

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn’t reached finality, Minister of

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Business

Climate change insurance: Poor reach, reliance on fossil fuel key issues

Last week, Foxconn Technology group, the world’s largest electronics manufacturing services (EMS) player, was caught in the middle of a controversy. The fiercely competitive governments of Telangana and Karnataka nearly simultaneously claimed that the Taiwanese giant had signed up to make big investments in their respective states to manufacture electronics, which would generate over 100,000

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