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Ambuja Cements Q2 results: Net profit rises seven-fold to Rs 793 crore

In Q2FY24, Ambuja Cement's net profit (attributable to the owners of the company) was at Rs 793 crore, seven times higher than Rs 93 crore reported a year ago

India Cements Q2 results: Net loss of Rs 85.54 cr, revenue falls by 4.72%

The revenue from operations for Q2FY24 was seen at Rs 1,264.39 crore, compared to Rs 1,327.06 crore year-on-year

More than 97% of Rs 2,000 note returned till October 31, says RBI

The central bank reiterated that the Rs 2,000 banknotes continue to be legal tender

Crypto platform Giottus announces zero-fee trades for all customers

This move is expected to enable Indian crypto traders and investors to plan their trades with ease and, in turn, improve their profitability

V-Guard's Q2 net jumps 35% to Rs 59 cr, net revenue from ops rises 15%

The company's consolidated profit after tax for the six months ended September 30 stood at Rs 123.17 crore, a growth of 26.9 per cent, as against Rs 97.03 crore reported last year

Voting matters: Shareholder dissent is moderating, says PRIME Database

The data-tracking firm analysed resolutions voted on during AGMs, EGMs, and court-convened meetings between April 1 and September 30, 2023

APL Apollo, Tata Motors, Lodha seen getting added to MSCI indices

An analysis by IIFL Securities, shows APL Apollo could see inflows worth $195 mn from passive trackers, followed by Tata Motors ($134 mn) and Lodha ($128 mn)

API Holdings' Rs 3,500 cr rights issue oversubscribed: Dhaval Shah

He said in November 2022, the firm had aimed for profitability by April 2023

JSW Energy joint managing director & CEO resigns, to take early retirement

JSW Energy said Jain will continue to serve in his current position until 31 January 2024 to support an orderly transition

India sitting on tsunami of equities; Nifty to double in 5 years: Raamdeo

BS BFSI Insight Summit 2023: India is an extremely well explored market. What concerns me is buying a stock at a reasonable valuation, he said

Majority organisations' very concerned' on impact of data law: EY study

While the rules that would provide exact processes of the DPDP Act are yet to be notified, the government has consistently claimed that large organisations must not require much time to comply

BS BFSI Summit: Brainstorming by who's who of financial world starts today

India's prominent decision-makers to discuss for two days the country's future growth trajectory amid global headwinds

Fincare SFB to merge with AU Small Finance Bank in all-share deal

At present, AU's market capitalisation is Rs 46,000 crore, the highest among small finance banks. The market capitalisation of the merged entity will be slightly over Rs 50,000 crore

Exchanges announce Muhurat Trading session; Blue Jet IPO subscribed 8x

Blue Jet's IPO comprises only secondary share sale worth Rs 840 crore

Skilled manpower makes Tamil Nadu top destination for investors: TRB Rajaa

Tamil Nadu was ranked as the top state in NITI Aayog's Export Preparedness Index, 2022

Tamilnad Mercantile Bank Q2 net profit increases 5% to Rs 274 crore

The bank's total income during the period was up by 16 per cent, from Rs 1,141 crore in September 2022-23 to Rs 1,365 crore in the second quarter of FY24

Indian Overseas Bank Q2 results: Net profit rises 25% to Rs 627 crore

During the period under review, the bank's total income rose 19 per cent to Rs 6,941.5 crore compared to Rs 5,854 crore during the same quarter last fiscal

Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore

Banks typically offer higher interest rates on non-callable deposits

Lenders and CIC to pay Rs 100 per day for record update delay: RBI

The compensation provided to the complainant will be apportioned among the concerned lender and CIC proportionately