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attended the inauguration of the new bank in shanghai on thursday. the new development bank is set up by the brics group, and president lawler said the new financial institute freeze developing countries from establishment. a business reporterjoao da silva has more on the significance of this trip. the goal, in his own words, is to strengthen the relationship and at least when it comes to business ties already significant, china s brazil s biggest export market, each year buying tens of billions of dollars worth of natural resources and agricultural products, including soybeans, iron ore, oil, and beef. while brazil, according to chinese state media, is the biggest recipient of chinese investment in latin america. president lula da silva is more of it if he is to boost result s stagnant economy, that is why the brazilian government expects more than 20 bilateral agreements to be signed during his trip was not as part of the deeper ties, they have already agreed to allow ....
Godrej Properties shares surged 9.7% to a record high of Rs 2,816.90 on BSE. Brokerages raised target prices after a 14% YoY increase in consolidated net profit to Rs 471 crore for Q1 2024. The company achieved its highest-ever quarterly sales, with booking value at Rs 9,519 crore. ....
The VNB growth remained weak this quarter, down 18% year on year. Max Life Insurance plans to launch more non-par and annuity products to improve margins. The company is implementing strategies to counter the fall in VNB, focusing on high-margin driver products like protection and health segments, annuities, and riders. The Banka channel, which has been slow for the industry, is expected to pick up, with growth projected to be close to 30% in January. The partnership with Axis Bank, a major partner for Max Life Insurance, is expected to contribute to future growth. ....
The turnaround at Marks & Spencer has gained further momentum after the retailer revealed a surge in food, clothing and homeware sales over Christmas. ....