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LIC reports 16% decline in retail APE, 300 bps below that of industry

The retail APE for LIC stood at a negative CAGR of 3.8% while the sector grew at a rate of 9% over two years, with private sector companies growing at 17%. ....

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Carlyle said to weigh $1 billion IPO for Indian IT firm Hexaware

At about $1 billion, it would be the biggest IPO in the country since Life Insurance Corp. of Indias in 2022, according to data compiled by Bloomberg. That companys shares slumped initially but have mostly recovered. ....

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