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India in cyclical slowdown, RBI's 7.2% estimate 'overly optimistic': Nomura

The brokerage said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26

CAMS Q2 results: Net profit rises 45% to Rs 122 cr, revenue up 33%

For the first half of FY25, CAMS reported consolidated revenue of Rs 696.57 crore, a 30 per cent year-over-year increase and profit after tax (PAT) grew by 43.4 per cent to 230.68 Rs crore

Mumbai airport to operate 3,372 flights per week in winter season

Chhatrapati Shivaji Maharaj International Airport (CSMIA) is all set to provide an extensive network of travel options for its passengers with 3,372 weekly flights

Aditya Birla Sun Life AMC Q2 results: Net profit rises 36% to Rs 242 cr

The asset management firm had posted a net profit of Rs 178.1 crore in the same quarter of the preceding fiscal, Aditya Birla Sun Life AMC (ABSL AMC) said in a stock exchange filing

Increased pace of capex will help achieve targeted growth: Adani Cement CEO

The Adani group, which had last week announced the acquisition of Orient Cement, aims to have a manufacturing capacity of 140 million tonnes per annum (MTPA) by FY28

Servotech Power Systems Q2 results: Net profit grows to Rs 11.2 cr

Servotech Power Systems on Monday reported over three-fold rise in consolidated net profit at Rs 11.24 crore in September quarter, aided by higher income.

Sebi proposes allowing shared contact details for non-individual clients

Under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number/email address for more than one client

Citigroup sells HDFC Bank's shares worth Rs 275 crore via block deal

Citigroup, through its arm Citigroup Global Markets Mauritius, sold 15,79,953 shares of HDFC Bank, as per the block deal data available on the BSE

HeidelbergCement India Q2 results: Net profit down 68.7% to Rs 11.2 crore

The company had reported a net profit of Rs 35.8 crore in the July-September quarter period a year ago, HeidelbergCement India said in a regulatory filing

RBL Bank, Mahindra Finance get RBI nod to launch co-branded credit cards

The announcement comes amid heightened concerns about the credit card portfolios, and also regulatory attempts to disincentivise growth in such riskier assets

Cong to organise month-long 'Delhi Nyay Yatra' from Nov 8 ahead of polls

The march will start on November 8 from Rajghat and conclude on December 4, ahead of the assembly elections in Delhi

Over 60 flights get bomb threats on Monday; 410 hoax calls in last 15 days

In 15 days, over 410 domestic and international flights operated by the Indian carriers have received hoax bomb threats. Most of the threats were issued through social media

Institutional collapse given way to dangerous cronyism: Rahul on Sebi chief

Those entrusted with protecting common Indians and their investments have abrogated their responsibilities and are indulging in wide scale corruption and malpractice, he alleged

ArcelorMittal SA rejects 19 bn rand buyout offer of Networth Investments

Networth had planned to transform the country's struggling steel industry with green technology and more profitable stainless-steel production based on models in India

Lodhas to transfer stake worth Rs 20k cr in Macrotech to philanthropic firm

Macrotech Developers Ltd (MDL) is one of the leading real estate developers in the country, selling properties under the Lodha brand

Paramount Cables Q2 results: PAT rises 4% to Rs 20 cr on higher income

It had posted Rs 19.48 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in an exchange filing

Afcons Infrastructure IPO gets subscribed 36% on second day of offer

The initial share sale received bids for 3,15,57,920 shares against 8,66,19,950 shares on offer, as per NSE data

DTDC Express announces enhanced benefits, reward programme for staff

It has introduced a range of reward programmes to recognise the dedication of its staff during Diwali. These initiatives include an annual bonus and a performance-driven delivery incentive programme

Karnataka eyes Rs 1,500 cr investments in state with new tourism policy

Karnataka plans to attract 20 lakh foreign tourists a year to be among the top five states in this category, and with respect to domestic footfalls it wants to be among the top three states

Govt earns Rs 279 cr from scrap disposal during ongoing cleanliness drive

Giving details of the campaign being carried out from October 2-31, Personnel Ministry said it has led to earning of Rs 279 crore through scrap disposal, freeing up of 127 lakh square feet of space