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Board of ICICI Lombard General Insurance Co recommends interim dividend

Of Rs 4 per shareICICI Lombard General Insurance Co. announced that the Board of Directors of the Company at its meeting held on 5 March 2021, inter alia, have recommended the interim dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical

Bajaj Finserv Ltd soars 3 62%, rises for third straight session

Read more about Bajaj Finserv Ltd soars 3.62%, rises for third straight session on Business Standard. Bajaj Finserv Ltd is quoting at Rs 10235, up 3.62% on the day as on 12:49 IST on the NSE. The stock is up 16.31% in last one year as compared to a 34.4% gain in NIFTY and a 24.39% gain in the Nifty Financial Services index.

Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 5.95 points or 0.08% at 7672.25 at 13:48 IST. Among the components of the S&P BSE Finance index, Reliance Capital Ltd (down 3.72%), Central Bank of India (down 3.22%),Indian Overseas Bank (down 3.09%),Paisalo Digital Ltd (down 3.07%),Housing & Urban Development Corporation Ltd (down 2.6%), were the top losers. Among the other losers were Aditya Birla Capital Ltd (down 2.5%), South Indian Bank Ltd (down 2.38%), Capri Global Capital Ltd (down 2.36%), Repco Home Finance Ltd (down 2.33%), and Union Bank of India (down 2.25%). On the other hand, IFCI Ltd (up 12.95%), Aditya Birla Money Ltd (up 7.74%), and SREI Infrastructure Finance Ltd (up 7.02%) moved up.

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