– Highlights for the Quarter: • Consolidated revenues for the financial services businesses was at Rs. 1,277 crores, registering growth of 22.5% (y-o-y) • Profit Before Tax of Rs. 78 crores, as against a loss of Rs. 90 crores (y-o-y) • Birla Sun Life Insurance registers profit for the first time, since inception • The [...]

The U.S. House approved the biggest changes in financial regulation since the Great Depression Friday, marking a win for the Obama administration and congressional Democrats. With the Senate due to debate similar reforms well into next year, the House voted 223-202 to pass a 1,279-page bill hammered out in the months since last year’s financial [...]