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ICICI Pru net profit rises by 33% to Rs 207 crore

The Business Guardian

|

July 19, 2023

ICICI Prudential Life announced a 32.7 percent year-over-year increase in net profit for the April-June quarter, coming in at Rs 207 crore.

ICICI Pru net profit rises by 33% to Rs 207 crore

The company generated a bottom line of Rs 811 crore for the full FY23, compared to a net profit of Rs 156 crore for the same period the prior fiscal year. The private insurer reported a total income of Rs 23,393 crore for the quarter ended June 30, 2023, while its net premium income for the reporting quarter climbed 1.9 percent on-year to Rs 7,020 crore.

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The Business Guardian

The Business Guardian

Reassessing sustainable development through lens of ‘Integral Humanism’

Sustainable development has been a buzzword in the past decade that has helped mobilise the entire globe to pull off massive conventions addressing issues like climate change, global warming, and depletion of natural resources with an alarm ing degree of urgency. But there is an obvious chasm between what has been talked about and what has actually materialised on the ground. The global leadership on sustainable development appears to have proven itself inadequate in controlling the damage that is being caused by the forces of modernisation. Access to development is indeed a human right, and modernity is also a pressing need of the times we live in. Both of these appear to be the only answers to the questions of poverty and misery that we see still engulfing a large part of our population. But one cannot deny that development in its conventional course can only happen at the expense of natural resources. Infrastructure can develop only at the cost of forests, and material well-being can only happen at the cost of natural resources. And therefore, a severe paradox presents itself, demanding our immediate attention, as to where we can find the solution that could bring a resolution to this problem.

time to read

4 mins

September 26, 2025

The Business Guardian

The Business Guardian

WIN Lounge brings Global leaders together for climate action

‘The Women Inspiring Network (WIN) brought together global leaders during Climate Week New York 2025 alongside the 80th United Nations General Assembly (UNGA), as the WIN Lounge emerged as a platform for conversations on sustainability, innovation, business and culture, as per a press release.

time to read

2 mins

September 26, 2025

The Business Guardian

The Business Guardian

HC rejects Tahir Hussain’s bail plea in Ankit Sharma murder case

The Delhi High Court on Thursday refused to grant bail to former Aam Aadmi Party(AAP) councillor Tahir Hussain.

time to read

1 min

September 26, 2025

The Business Guardian

The Business Guardian

Camfil launches ISO-Compliant HEPA & ULPA filter facility in Manesar

Camfilhas added a new production line for HEPA and ULPA filters at its Manesar plant, increasing supply capacity for hospitals, pharmaceutical cleanrooms, biotechnology labs, and other high-containment facilities.

time to read

1 min

September 26, 2025

The Business Guardian

The Business Guardian

RBI ISSUES FRESH GUIDELINES TO ENHANCE DIGITAL PAYMENT SECURITY

The Reserve Bank of India (RBI) has issued new directions to strengthen digital payment security, mandating multi-factor authentication and enhanced safeguards from April 2026.

time to read

1 mins

September 26, 2025

The Business Guardian

Nail care: Natural solutions for brittle nails

Brittle nails—those that split, peel, or break easily—can be both frustrating and painful.

time to read

2 mins

September 26, 2025

The Business Guardian

The Business Guardian

ICRA projects India’s Third-party data centre capacity to double by FY28

India’s digital backbone is set for a major boost as third-party data centre capacity is projected to double to 2,400 to 2,500 MW by FY28 from 1,250 MW in FY2025, supported by investments of nearly Rs 90,000 crore during FY 26-FY28, according to rating agency ICRA.

time to read

2 mins

September 26, 2025

The Business Guardian

The Business Guardian

Cubera Cube launches in India for smarter audience targeting

Cubera Tech India Pvt. Ltd., a global innovator in ad-tech intelligence, today announced the India introduction of its groundbreaking product -- Cubera Cube -- a real-time audience discovery and campaign ideation platform powered by conversational AI (artificial intelligence).

time to read

2 mins

September 26, 2025

The Business Guardian

The Business Guardian

Congress holds working committee meet in Patna

The Congress Working Committee on Wednesday began its meeting in Bihar’s Patna ahead of the Legislative Assembly elections later this year.Congress Chief Mallikarjun Kharge hoisted the national flag at Sadagat Ashram, Congress’ headquarters in Bihar, ahead of the meeting.Senior Congress leaders Rahul Gandhi, KC Venugopal, Pawan Khera, former Chhattisgarh Chief Minister Bhupesh Baghel, Bihar Pradesh Congress Committee (BPCC) president Rajesh Ram, the party’s Bihar in-charge Krishna Allavaru, and Congress Legislature Party leader Shakeel Ahmed Khan, among others, reached the Sadaqat Ashram for the meeting.

time to read

1 min

September 26, 2025

The Business Guardian

The Business Guardian

SIDBI launches cluster development Model

The Small Industries Development Bank of India (SIDBI) has launched a low-cost, innovative, and self-propelling model of cluster development through its national scheme, Development of Industry Associations (DIA), a release stated.

time to read

1 min

September 26, 2025

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