Tue, Oct 22, 2024 4:57 PM
China stimulus requires investors’ patience and sophistication
A Flip by Shubhangi Gupta
Chennai Petroleum Corporation Ltd, a subsidiary of Indian Oil Corporation (IOC), on Tuesday (October 22) reported a net loss of ₹633.7 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, Chennai Petroleum Corporation posted a net profit of ₹1,195 crore. The company's revenue from operations fell 27% to ₹12,086.4 crore.
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The Society of Independent Brewers and Associates, the body that represents independent beer businesses in the UK, has started a campaign to help drinkers identify 'indie' brands.In an effort to help drinkers weed out global beer brands from so-called 'indie' labels, the Society of Independent Brewers and Associates (SIBA) has today (22 October) launched an initiative for the same.
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IRDAI is closely monitoring health insurance premium hikes and is working towards a solution through collaboration between insurers and healthcare providers. The regulator believes that price rationalization will occur when the customer base widens and has urged more industrial houses to enter the insurance sector and insurers to go for listing.
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