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BRP revenue jumps 91% in Q3

BRP Group Inc., the parent company of broker Baldwin Risk Partners LLC, reported third-quarter 2022 organic revenue growth of 28% and revenue for the quarter of $259.4 million, up 91% from third-quarter 2021. Losses increased, however, 89.9% to $46.7 million from third-quarter 2021. Commissions, employee compensation and benefits rose 95.8% to $195.9 million while total …

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Corporate tax collection jumps by 34% between April and July this year

The tax department said that the collections in 2021 were higher than the collections in financial year 2018-19 (pre-Covid) by over nine per cent. The income tax department has said that the corporate tax collections till July 31 this financial year witnessed a growth of 34 per cent as compared to the collections in the …

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LIC Q1 profit jumps multifold to Rs 682.89 crore

When compared with the preceding March quarter, the LIC performance was down across parameters, the filings showed. MUMBAI: Life Insurance Corporation of India on Friday reported a multifold jump in its June quarter net profit at Rs 682.89 crore. The state-run life insurance behemoth, which went public recently, had a net profit of Rs 2.94 …

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Palm oil imports fall in July as soyoil jumps to record high

MUMBAI: India’s palm oil imports in July fell 10% from a month ago, as refiners ramped up purchases of rival soyoil to take advantage of New Delhi’s move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade body said on Friday. Higher soyoil purchases by the world’s biggest edible …

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