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After poor show in Sept, non-life insurers' premiums up 15.5% YoY in Oct
Demand for health and motor insurance to continue though growth may dip, say experts
 "After poor show in Sept, non-life insurers' premiums up 15.5% YoY in Oct")
MSCI India index rebalancing could stoke Rs 13,000-crore churn
Varun Beverages, Tube Investments, IHCL seen as potential inclusions
 "MSCI India index rebalancing could stoke Rs 13,000-crore churn")
New Tamil Nadu policy seeks Rs 75,000 cr investments in aerospace, defence
State targets 100,000 jobs in the sector as it seeks to be trillion-dollar economy by 2031
 "New Tamil Nadu policy seeks Rs 75,000 cr investments in aerospace, defence")
Bikaji Foods International IPO subscribed 27 times; Medanta 10 times
Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise
 "Bikaji Foods International IPO subscribed 27 times; Medanta 10 times")
India Cements posts Q2 loss of Rs 113 cr on input cost spike, lower volumes
Revenue from operations up 7% YoY; firm had posted Rs 30 cr profit a year ago
 "India Cements posts Q2 loss of Rs 113 cr on input cost spike, lower volumes")
Bengaluru Court asks Twitter to block Congress, Bharat Jodo Yatra accounts
Order follows a copyright infringement case filed by MRT Music, which said both accounts illegally used sound recordings of the film KGF-Chapter 2
 "Bengaluru Court asks Twitter to block Congress, Bharat Jodo Yatra accounts")
Airtel CEO Gopal Vittal elected deputy chair of GSMA for two years
Member companies selected 26 board members for 2023-24 which include senior executives from mobile operators
 "Airtel CEO Gopal Vittal elected deputy chair of GSMA for two years")
Bombay Dyeing moves SAT against Sebi's Rs 2.25 cr fine, two-year market ban
Sebi had passed the order on the firm, its promoter Nusli N Wadia, and three others for allegedly inflating financial statements; firm responded saying its accounting practice was wrongly interpreted
 "Bombay Dyeing moves SAT against Sebi's Rs 2.25 cr fine, two-year market ban")
Bandhan Bank offers 7.5% interest rate on retail FDs for limited period
Rate applicable to both fresh deposits and renewals of up to Rs 2 crore for a tenure of 600 days, seniors to get 0.5% more
 "Bandhan Bank offers 7.5% interest rate on retail FDs for limited period")
Britannia stock jumps 10%; NSE H1FY23 consolidated PAT jumps 53%
NSE has almost a monopoly in the equity derivatives segment and 93 per cent market share in the equity cash segment
 "Britannia stock jumps 10%; NSE H1FY23 consolidated PAT jumps 53%")
Customer protection the core of new RBI microfinance rules: Dy governor Rao
These measures, along with a cap on repayment obligations and steps to check over-indebtedness introduced by the regulator, will eventually bring down interest rates for the borrowers, he says
 "Customer protection the core of new RBI microfinance rules: Dy governor Rao")
IOB Q2 net up 33% to Rs 501 cr, total income rises 15% to Rs 5,852 cr
Gross NPA down 6% during the quarter, net NPA up 11%; ratios improve in both spaces; lender came out of RBI's Prompt Corrective Action (PCA) on September 29, 2021
 "IOB Q2 net up 33% to Rs 501 cr, total income rises 15% to Rs 5,852 cr")
Twitter founder Jack Dorsey apologises to employees amidst layoffs
Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk
 "Twitter founder Jack Dorsey apologises to employees amidst layoffs")
India's foreign exchange reserves jump $6.5 billion to $531 billion
The increase in reserves is mainly due to a rise in foreign currency assets that went up by $5.7 billion during the week
 "India's foreign exchange reserves jump $6.5 billion to $531 billion")
TVS Motor Q2 net up 59% to Rs 373 cr amid slowdown, inflation roadblocks
Revenue from operations up 32% to Rs 8,561 cr; chip shortage hinders an even better show
 "TVS Motor Q2 net up 59% to Rs 373 cr amid slowdown, inflation roadblocks")
US treasury secy Janet Yellen to visit India on Nov 11 for EFP dialogue
Yellen will meet with tech sector haeds, visit Microsoft India Development Center, and hold a bilateral meeting with FM Sitharaman
 "US treasury secy Janet Yellen to visit India on Nov 11 for EFP dialogue")
K V Kamath is independent director of RIL, non-exec head of financial arm
Reliance Strategic Investments, of which he is the non-executive chairman, will be renamed Jio Financial Services Ltd, and will be listed on the bourses pursuant to a demerger scheme
 "K V Kamath is independent director of RIL, non-exec head of financial arm")
Fusion microfinance subscribed 3x on Day-2 on strong institutional support
Medanta Hospitals IPO subscribed 36% on day-2, Bikaji Foods by 1.5 times
 "Fusion microfinance subscribed 3x on Day-2 on strong institutional support")
AdaniConneX launches 'Chennai 1', a 17 Mw data centre in Sipcot IT Park
The 'Chennai 1' campus hosts Tamil Nadu's first pre-certified IGBC Platinum Rated data centre, and will be powered with up to 100% renewable energy
 "AdaniConneX launches 'Chennai 1', a 17 Mw data centre in Sipcot IT Park")
For first time in decades, cash in circulation dips in Diwali week: Study
Technology changing how Indians make payments; trend will help monetary transmission: SBI Research
 "For first time in decades, cash in circulation dips in Diwali week: Study")