Category: General business news

SBI Life Insurance Q3FY22 profit up by 13% to Rs 944cr

businessnewstoday- January 28, 2023

SBI Life Insurance has registered a 13% year-over-year (YoY) growth in its profit after tax (PAT) for the quarter ended 31 December 2022 at INR ... Read More

Indian public sector bank UCO Bank Q3FY23 profit up by 110% to Rs 653cr

businessnewstoday- January 27, 2023

UCO Bank has registered a net profit of INR 652.97 crores for the quarter ended 31 December 2022 (Q3FY23), which is a surge of 110.4% ... Read More

Dah Sing Bank signs $192m bancassurance deal with Sun Life Hong Kong

businessnewstoday- January 26, 2023

Hong Kong-based Dah Sing Bank has signed an exclusive 15-year bancassurance deal with Sun Life Hong Kong, a subsidiary of Sun Life Financial. In this ... Read More

Xylem to buy water treatment solutions provider Evoqua Water Technologies

Raghuram Kadari- January 25, 2023

Xylem, an American water technology company, will acquire Evoqua Water Technologies, a mission-critical water treatment solutions and services provider, in an all-stock transaction valued at ... Read More

Arthur J. Gallagher acquires auto insurance agency Remco Insurance Agencies

businessnewstoday- January 24, 2023

Arthur J. Gallagher & Co., through its subsidiary – Risk Placement Services (RPS), has acquired Remco Insurance Agencies based in Austin, Texas for an undisclosed ... Read More

Axis Bank Q3FY23 net profit grows by 62% to Rs 5,853cr

businessnewstoday- January 24, 2023

Axis Bank has reported a 62% growth in its net profit for the third quarter of the fiscal year 2023 (Q3FY23) at INR 5,853 crores, ... Read More

Reliance Industries 3Q FY23 profit remains flat at Rs 178bn

businessnewstoday- January 24, 2023

Reliance Industries Limited (RIL) has reported a 0.6% increase in its net profit for the quarter ended 31 December 2022 (3Q FY23) to INR 17,806 ... Read More

Southern Missouri Bancorp wraps up acquisition of Citizens Bancshares

businessnewstoday- January 23, 2023

Southern Missouri Bancorp, the Missouri-based holding company for Southern Bank, has completed its previously announced $140 million acquisition of Citizens Bancshares, the parent company of ... Read More

Wendt (India) partners with Lithoz to establish ceramic 3D printing in India

businessnewstoday- January 23, 2023

Wendt (India) Limited said that Lithoz GmbH, a provider of ceramic 3D printers and materials, has entered into a sales partnership with it to extend ... Read More

Yes Bank Q3FY23 net profit crashes by 81% to Rs 52cr

businessnewstoday- January 23, 2023

Yes Bank has reported a net profit of INR 52 crores for the third quarter of the fiscal year 2023 (Q3FY23), which represents a decline ... Read More