LIC posts profit of Rs 26,147.52 crore in financial year 2017-18

LIC posts profit of Rs 26,147.52 crore in financial year 2017-18

State-owned Life Insurance Corporation of India (LIC) has reported a growth of 29 per cent in its net profit at Rs 26,147.52 crore in FY18, said Shiv Pratap Shukla, Union Minister of State for Finance, in Lok Sabha today. Shukla,...
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Maharashtra Cabinet Approves Rs. 150 Crore Relief For Onion Farmers

Maharashtra Cabinet Approves Rs. 150 Crore Relief For Onion Farmers

The compensation will cover a total of 75 lakh metric tons of onions (Representational) Mumbai:  The Maharashtra cabinet has approved Rs. 150 crore as relief to onion farmers who had to sell their produce at low prices. According to Maharashtra’s...
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Motilal Oswal Real Estate sells Shriram Properties stake for ₹125 crore

Motilal Oswal Real Estate, the realty-focused private equity arm of financial services conglomerate Motilal Oswal, on Monday said it has sold its investment in Shriram Properties, a Bengaluru-based developer, for ₹125 crore. The investor exited from Shriram ...
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In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In first Indian real estate investment Mitsubishi invests Rs 180 crore in Shriram Properties project

In the past Shriram has partnered with TPG, Tata Capital, Walton Street Capital and Starwood Capital.( Representative Image) Marking Mitsubishi’s entry into the Indian real estate sector, the company’s investment arm and Shriram Properties signed defin...
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I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

The income taxdepartment on Thursday released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate assets for payment of dues....
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Hiranandani family to invest Rs 3,500 crore in oil and gas projects

Hiranandani family to invest Rs 3,500 crore in oil and gas projects

Niranjan Hiranandani’s family is investing around Rs3,500 crore to build liquified natural gas (LNG) terminals in Maharashtra and West Bengal, in a diversification for the Mumbai-based developer who built the iconic 250-acre Hiranandani Gardens township in s...
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