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Business Standard
a day ago
- Business
- Business Standard
Shriram Finance allots 1.53 lakh equity shares under ESOS
Shriram Finance has allotted 1,53,502 equity shares of face value of Rs.2/- each fully paid-up to 157 employees of the Company who exercised the Fresh Stock Options under SFL ESOS 2023. Pursuant to allotment of the equity shares, the paid-up share capital of the Company stands increased from Rs.376,15,26,022/- to Rs.376,18,33,026/-. Powered by Capital Market - Live News
Time of India
09-06-2025
- Business
- Time of India
Life insurance industry's new business premiums up 13% in May 2025
The life insurance industry recorded nearly 13% year-on-year rise in new business premiums (NBP) in May 2025 to Rs 30,463 crore, up from Rs27,034 crore a year earlier, according to data released by the Life Insurance Council . The month saw a 10.4% fall in the number of life insurance policies sold by the companies as the industry continued to navigate the new surrender value guidelines that kicked in October last year. The growth was primarily driven by the private sector insurer, which reported a 16.6% increase in NBP to Rs12,058 crore. State-run Life Insurance Corporation ( LIC ) posted 10.3% increase to Rs18,405 crore, the data showed. Among listed private players, HDFC Life reported a 33% jump in premiums to Rs3,022 crore, while SBI Life 's total premiums grew over 25% to Rs2,950 crore. ICICI Prudential Life reported a near 7% growth to Rs1,407 crore. 'Typically, the first quarter is a weak season for the life insurance segment as it immediately comes after the fiscal end, where most retail customers rush to buy policies. In May, the YoY growth has come down compared to 15.1% in the same month a year ago mainly because of the impact of revised surrender value guidelines,' said Saurabh Bhalerao Associate Director – BFSI Research, CARE Ratings . In May, the overall industry growth was led by group business, whereas individual business reported a muted number. The growth was led by group single premium, which grew 13% YoY to Rs18,068 crore. The month also saw a fall in volume of policies sold. The fall in the individual non-single segment, which is the regular premium paid by retail customers, was at over 10% with LIC and private life insurers reporting a fall of 14% and 2%, respectively. However, despite the fall in volume in individual non-single premium segments, private insurers reported a premium growth, indicating that they have moved to higher value policies amid changes in surrender value regulations, Bhalerao said. The Life Insurance Council data shows that LIC's individual non-single premium income fell to Rs2,060 crore in May compared to 2,236 crore in the same month a year ago. Meanwhile, the premium income in the same segment for private life insurers stood at 5,025 crore compared to Rs4,681 crore a year ago. Economic Times WhatsApp channel )
BBC News
30-05-2025
- General
- BBC News
Osprey pair near Poole Harbour hatch final chick of 2025
The only pair of breeding ospreys in southern England have hatched their fourth and final chick of ospreys, female CJ7 and male 022, laid a clutch of four eggs in their nest near Poole Harbour in Dorset for the second year in a row in chick emerged from its egg in the early hours of Wednesday morning, with the previous three having hatched last of Poole Harbour, a charity leading the area's osprey breeding project, said: "It is exciting news, the fourth and final Osprey chick has hatched on the Carey nest." The charity added: "It's fantastic to see the whole family doing well, and CJ7 and 022 carefully distributing the fish to ensure every chick is well-fed."Ospreys typically lay three eggs, so the charity has previously said it would be "unprecedented" if all four hatch for the second year in a row.A webcam set up by the charity, monitors the nest in a walled garden near of settling down again together the pair of ospreys were embroiled in a love triangle when another female also arrived at the unwelcome visitor, who normally calls Rutland home in the spring and summer months, left after a few birds, part of a reintroduction scheme, became the first nesting pair on the south coast in 180 years in 2022 and are protected under UK law. You can follow BBC Dorset on Facebook, X (Twitter), or Instagram.
BBC News
27-05-2025
- General
- BBC News
Poole Harbour osprey pair hatch third chick of year
The nest of the only breeding pair of ospreys on England's south coast has a third new chick emerged from its egg on Saturday night, with the previous two having hatched on Thursday at 06:00 BST and shortly before 19: ospreys, female CJ7 and male 022, laid a clutch of four eggs in their nest near Poole Harbour in Dorset for the second year in a row in of Poole Harbour, a charity leading the area's osprey breeding project, said all three chicks had been "fed well" and they are hoping number four will arrive in the next 48 hours. Ospreys typically lay three eggs, so for four to be laid two years on the run is highly unusual and it would be "unprecedented" if all four hatch again this year.A webcam set up by the charity monitors the nest in a walled garden near of settling down again together the pair of ospreys were embroiled in a love triangle when another female also arrived at the unwelcome visitor, who normally calls Rutland home in the spring and summer months, left after a few birds, part of a reintroduction scheme, became the first nesting pair on the south coast in 180 years in 2022 and are protected under UK law. You can follow BBC Dorset on Facebook, X (Twitter), or Instagram.
BBC News
23-05-2025
- General
- BBC News
Poole Harbour osprey pair hatch second chick of year
The nest of the only breeding pair of ospreys on England's south coast has a second new chick emerged from its egg shortly before 19:00 BST on Thursday. The first hatched earlier the same day shortly before 06:00. The ospreys, female CJ7 and male 022, laid a clutch of four eggs in their nest near Poole Harbour in Dorset for the second year in a row in of Poole Harbour, a charity leading the area's osprey breeding project, said the second chick's arrival was "great news". A webcam set up by the charity monitors the nest in a walled garden near of settling down again together the pair of Ospreys were embroiled in a love triangle when another female also arrived at the unwelcome visitor, who normally calls Rutland home in the spring and summer months, left after a few birds, part of a reintroduction scheme, became the first nesting pair on the south coast in 180 years in 2022 and are protected under UK law. You can follow BBC Dorset on Facebook, X, or Instagram.
