TVS Srichakra Limited — Others, 28-05-2025: Copy of Newspaper Publication

TVS Srichakra Limited has announced a board meeting to consider the financial results for the quarter and half-year. LIC reported a strong 38% rise in net profit to ₹19,013 crore, boosted by higher investment income and lower management costs, with assets under management up 6.45% to ₹54.52 lakh crore. LIC is nearing a major stake acquisition in ManipalCigna Health Insurance, aiming to strengthen its health insurance presence. IndusInd Bank is advancing CEO selection after accounting concerns, focusing on transparency and external candidates. AC manufacturers are cutting output by up to 25% due to weak demand from unseasonal rains, though recovery is expected later.