Dewan Housing Finance Corporation (DHFL) on Friday reported an over four-fold jump in its consolidated net profit at Rs 314.43 crore for the quarter ended June 2021. TopicsDHFL|Q1 results Dewan Housing Finance Corporation (DHFL) on Friday reported an over four-fold jump in its consolidated net profit at Rs 314.43 crore for the quarter ended June…
What would happen if a property and casualty insurer were to go bust? Last week, thousands of Florida home owners were left scrambling for coverage when during peak hurricane season Sarasota-based Gulfstream Property & Casualty announced its liquidation to customers. In 2018, Californias Camp Fire left Merced Property & Casualty in ruins, unable to pay…
Over the past five trading sessions, the performance of major bank stocks has depicted a bullish stance as various economic data including employment report and inflation indicated that economic recovery is on track. Rise in expectations that the Federal Reserve might soon reveal plans for tapering its bond buying program further boosted sentiments. This led…
A Serbian glass manufacturer has declared bankruptcy and ordered insolvency administrators to commence with its liquidation sale. The Serbian Glass Factorys Parachin Glassworks has been in operation since 1907, producing glass containers production facility including bottles and jars. The sale also includes a tableware glass production plant as well as its “Plana” limestone quarry, which…