SPIRIT OF MUMBAI

Profit After Tax (PAT) increased by 22.81% to ₹ 13,492 crore. Value of New Business (VNB) increased by 61.32% to ₹3,136 crore. VNB Margin (Net) increased by 750 bps to 22.9%. Total Premium Income increased by 6.75% to ₹ 1,27,250 crore. Individual New business premium income increased by 14.48% to ₹ 14,351 crore. Overall APE at ₹ 13,692 crore registering increase of 8.22%. Non Par APE within Individual Business increased by 14.24% to ₹ 2,447 crore. Group Business APE increased by 10.20% to ₹ 6,160 crore. Non Par APE share within Individual business at 32.49% in Q1FY27 as compared to 30.34% in Q1FY26. Solvency Ratio increased to 2.42 from 2.17. Assets Under Management (AUM) increased by 4.10% to ₹ 59,39,384 crore. Overall expense ratio increased by 16 bps to 10.63% from 10.47%. Mumbai, August 6th, 2026: The Board of Directors of Life Insurance Corporation of India (“LIC”) has approved and adopted the standalone and consolidated financial results for the quarter ending June 30th, 2026. Be...

Some doors are locked for a reason. Some secrets are hidden for generations. But when destiny decides it's time for the truth to emerge, nothing can stop what's meant to happen. Bringing one such extraordinary tale of hidden secrets and destiny to life, Sun Neo is all set to present its upcoming show, Raajnanndini, a captivating blend of supernatural drama and romance that promises an emotional and visually spectacular viewing experience. Leading this grand saga is Neha Solanki, who will be seen essaying the role of Rajnandini. She plays a young woman whose life changes forever when destiny calls her back to the place she was kept away from all her life. As long-buried secrets begin to unfold and powerful supernatural forces awaken, Rajnandini finds herself on a path she never chose, but one she is destined to embrace. With Raajnanndini, Sun Neo introduces a compelling new story that blends supernatural intrigue with powerful emotions and romance. Set against a world filled wit...

August 6, 2026 Mumbai – Leap India (formerly known as Leap India Private Limited) (the “Company”), the largest on-demand asset pooling provider in India’s supply chain management sector, has completed its pre-IPO (Initial Public Offering) placement of around ₹ 371.3 crore.   As per a media advertisement was published in the Financial Express (English) on August 6, 2026. The Company, in consultation with the Book Running Lead Managers to the IPO has undertaken a private placement of 23,351, 100 equity shares for cash considerations, at an issue price of ₹ 159 per equity share (including a premium of ₹ 158 per equity share) which saw participation from Singapore-based sovereign wealth fund GIC subsidiary’s Gamnat Pte Ltd, leading hedge fund Dymon Asia Multi-Strategy Investment (Singapore) Pte Ltd and Promoter Sunu Mathew. Singapore-based Gamnat Pte Ltd was allocated 17, 610, 000 equity shares of the Company on August 3, 2026 for ₹ 159 per equity share each aggregating to ₹ 279.9...

Mumbai, 5 August, 2026: Shares of Bengaluru-based Manipal Health Enterprises Limited, which is the largest pan-India multispecialty hospital network by bed capacity as of March 31, 2026 (Source: CRISIL Report), listed at Rs 655 on the BSE with a premium of 11% to the IPO price. The scrip reached a high of Rs 675.80 on the NSE, and Rs 676.05 on the BSE. The scrip closed at Rs 663.15 on the NSE and Rs 666.70 on BSE. As per NSE, the total quantity traded stood at 470.08 lakh shares, on BSE the total Quantity stood at 43.91 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 3,365.86 crore. The Market Capitalisation of the Company at today’s closing price stood at Rs 87,696.20 crore as per BSE and Rs 87,229.24 crore as per NSE. The issue received bids of 44,30,73,025 equity shares against the offered 9,00,88,286 equity shares, according to data available on the stock exchanges. Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 8.25 times and 0.93 times, respect...

Highlights of Q1FY27: 23% YoY growth in premium income, exceeding industry growth of 11% 25% YoY growth in motor, compared with industry growth of 14% 5% YoY increase in net profit  AUM up 8.9% YoY to ₹14,573 Cr from ₹13,377 Cr 8% growth in financial advisor hiring YoY National, Aug 5, 2026: Shriram General Insurance Company (SGI) delivered a strong start to FY27, outperforming the industry across its key business segments. The company reported a 23% year-on-year increase in Gross Direct Premium (GDP) to ₹1,180 Cr in Q1FY27, compared with ₹960 Cr in the corresponding quarter last year, significantly ahead of the industry's 11% growth. Motor insurance, which is the core of SGI’s business, led its growth in the first quarter, expanding by 25%, which comfortably surpassed the industry's 14% growth. The personal accident portfolio matched the industry's strong 47% growth. SGI’s focus on profitable growth continued delivering results, with net profit rising 5% year-on-year to ₹1...

An ambitious vision for gold’s role in India’s journey towards developed economy by 2047  • A multi-decade vision to elevate gold as a key strategic contributor for Viksit Bharat in 2047  • The ambitions include 10-15% domestic mining, 10-15% domestic gold mobilisation, India becoming the #1 global jewellery exporter, stronger policy and institutional coordination through a proposed National Gold Board and a Gold Innovation Centre to catalyse innovation and technology adoption across the gold value chain.    Mumbai, August 4, 2026: The World Gold Council today released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness.  As India advances toward its US$30 trillion econ...