LIC Housing Finance hopes to earn Rs 5,000 cr profit in FY24: CEO | Company News – Business Standard

LIC Housing Finance hopes to earn Rs 5,000 cr profit in FY24: CEO | Company News – Business StandardLIC Housing Finance hopes to earn Rs 5,000 cr profit in FY24: CEO | Company News – Business Standard

LIC Housing Finance, the mortgage arm of insurance behemoth LIC, is expecting a net profit of Rs 5,000 crore in the current financial year on the back of robust loan demand and expansion in non-core business. The non-core business includes Loan Against Property (LAP) and affordable housing finance, LIC Housing Finance managing director … Read more

Breaking News: ‘No more extensions, SpiceJet must pay Credit Suisse’

New Delhi: The Supreme Court on Monday slammed SpiceJet for failing to clear its dues to Credit Suisse, ordering the low-cost airline to pay up by 15 March and asking its chairman Ajay Singh to appear before it a week after making the payment. The apex court took critical note of reports indicating that SpiceJet, … Read more

Breaking News: Government Official States No Plans To Reduce Import Duty On Rubber

New Delhi: On Monday, a senior official stated that the government currently has no plans to reduce import duties on rubber because the gap between domestic and international prices is being upheld. “We have a differential already maintained for the imports that we are getting vis-a-vis the local production. “If you see the local … Read more

Breaking News: Adani group in talks with sovereign funds to raise up to $2.6 billion | Company News – Business Standard

The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and … Read more

Breaking News: Bad vibes about the economy can be protective, but there’s a downside

Breadcrumb Trail Links Economy Link between personal financial strain and powerlessness depends on people’ perceptions of economy Published Feb 18, 2024  •  Last updated 3 hours ago  •  4 minute read Pedestrians walk across Front Street at Bay Street in Toronto’s financial district. Photo by Peter J. Thompson/National Post files Article content The debate about perceptions … Read more

Breaking News: Two Major Grocery Chains Allegedly Struck A Backroom Deal To Weaken Workers’ Union

The grocery giants Albertsons and Kroger illegally colluded to weaken workers’ leverage amid strikes and contract negotiations in 2022, according to a lawsuit Colorado’s attorney general filed this week. As workers at 78 Kroger-owned King Soopers stores in Colorado were preparing to walk off the job that January, an Albertsons labor relations executive informed a … Read more

Breaking News: The Great Compression

Robert Lanter lives in a 600-square-foot house that can be traversed in five seconds and vacuumed from a single outlet. He doesn’t have a coffee table in the living room because it would obstruct the front door. When relatives come to visit, Mr. Lanter says jokingly, but only partly, they have to tour one at … Read more

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