Axis Max Life VNB margin rises to 23.2% as protection sales surge
Axis Max Life Insurance reported a 33% rise in value of new business (VNB) for the June quarter, with the VNB margin expanding to 23.2% from 20.1% a year earlier. CEO Sumit…
Business & Economy131- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Bain Capital starts IPO process for RSB Transmissions, eyes JBM Auto EV stake
Bain Capital has initiated an IPO process for its portfolio company RSB Transmissions, aiming to raise about Rs 3,000 crore, two people familiar said. The Pune-based automotive component maker has begun talks…
Indian art market at ₹3,040 crore driven by modern masters
India's art auction market is becoming a story of price rather than volume, according to the Asign.art Indian Auction Art Market report for January-June 2026 accessed by Mint. Modern art sales rose…
Wealth creation spreads beyond metros: Julius Baer India
Julius Baer, the Swiss wealth manager with assets under management of CHF 547 billion ($672 billion), plans to double its business in India over the next five years. Rahul Malhotra, Region Head…
Sensex, Nifty set to open higher as bond markets steady
Indian shares are expected to open higher on Thursday, with GIFT Nifty futures at 24,241 points indicating a positive start for the benchmark Nifty 50, which closed at 24,078.3 on Wednesday. The…
Paytm block trade, Airtel chairman change lead stock news
Resilient Asset Management plans to sell up to 4.98% stake in Paytm parent One 97 Communications via a block trade at a floor price of Rs 1,535.10 per share. The base offer…
Tata Sons board split on Chandrasekaran exit, AGM may be called off
The board of Tata Sons is divided on how to respond to chairman N Chandrasekaran’s decision not to seek reappointment, with some directors wanting the board to ask him to reconsider rather…
Twilio CEO says he checks email at 4.30 am, scoffs at 9-to-5
Twilio CEO Khozema Shipchandler has said he starts checking emails at 4.30 am and works until 9 pm, adding that work-life balance is not possible at the top. The Indian-origin executive, born…
Jim Beam maker targets India as third-biggest market by 2030
Suntory Global Spirits, the maker of Jim Beam and Yamazaki, expects India to become its third-largest market by revenue by 2030. Chief executive Greg Hughes said the company is making progress on…
ICICI Bank tops MF holdings as HDFC Bank faces leadership worries
ICICI Bank has overtaken HDFC Bank as the most valued stock in mutual fund portfolios for July, ending HDFC Bank's three-year run at the top. Mutual funds now hold Rs 3.01 lakh…
