Share Market Crash Highlights, Oct 25: The benchmark indices were down for 4th straight week, their longest weekly losing streak since August 2023. The indices have shed over 7 per cent in this period

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Revenue rises 16% in Q2FY25; cigarette segment records 6.6% Y-o-Y growth in revenue

ITC limited

Stock market crash: The benchmarks have clocked their fourth straight weekly losing streak, the longest since August 2023

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Consumer protection regulator CCPA has issued notices to several quick commerce companies for failing to comply with mandatory product disclosure requirements, a top official said on Tuesday.
The Central Consumer Protection Authority (CCPA) has given the companies 15 days to respond to the notices, CCPA Chief Commissioner Nidhi Khare told PTI, declining to name specific firms involved.
The notices have been issued to "three to four" quick commerce companies for violations related to packaged product disclosures mandated under the Legal Metrology Act, said Khare, who also serves as the Consumer Affairs Secretary.
The law requires online and offline retailers to display key product information, including maximum retail price, expiration date, weight, manufacturer details, and consumer grievance addresses on packaged goods.
Quick commerce, which offers ultra-fast delivery of groceries and daily essentials, has gained significant traction in India's major cities, attracting consumers a

e-commerce

The insurer's VNB margin, a measure of profitability, contracted to 23 per cent compared to 28 per cent last year

ICICI prudential life insurance

The NII margin of the company remained flat at 6.5 per cent. The cost of funds rose marginally to 6.5 per cent in Q2 FY25 from 6.4 per cent last year

Q2 earnings, Q2 results

Prime Minister Narendra Modi is likely to address 11 to 12 public meetings in Maharashtra ahead of the next month's assembly elections, BJP's state unit chief Chandrashekhar Bawankule said here on Friday.
Elections to the 288-member state assembly will be held on November 20 and the counting of votes will take place three days later.  Addressing a press conference in the Bharatiya Janata Party's media office here, where former MLA Raju Todsam (from Arni in Yavatmal) and few other local leaders joined the party, Bawankule said, "PM Modi ji's public meetings are proposed to be held at 11 to 12 places across Maharashtra, including Gondia, Akola, Nanded, Dhule, Mumbai and Navi Mumbai."  He added that in the next few days, more people are expected to join the Mahayuti alliance.
The ruling Mahayuti alliance comprises the BJP, Eknath Shinde-led Shiv Sena and Ajit Pawar-helmed Nationalist Congress Party (NCP). While it is trying to continue at the helm, the opposition Maha Vikas Aghadi (MVA)

Modi, Narendra Modi

UTI Asset Management Company on Friday reported a 31 per cent on-year jump in profit after tax (PAT) at Rs 239 crore in the three months ended September 30, 2024.
The company had posted a PAT of Rs 183 crore in the same quarter of the preceding fiscal year, UTI AMC said in a regulatory filing.
The company's revenue from operations rose 33 per cent to Rs 538 crore in the July-September quarter of the current financial year (FY25), from Rs 404 crore in the year-ago period.
For the quarter ended September 30, 2024, UTI Asset Management Company's total asset base stood at Rs 20.16 lakh crore. This includes UTI Mutual Fund's assets base of over Rs 3.42 lakh crore.
Imtaiyazur Rahman, Chief Executive Officer, UTI AMC said the Indian mutual fund industry continues to showcase remarkable growth, with average AUM (assets under management) reaching Rs 66.22 lakh crore, reflecting strong investor confidence across the country.
"The increasing participation from smaller cities, with over 50 pe

Q2 earnings, Q2

Apple schedules Mac-related announcements for next week. OnePlus introduces Android 15-based OxygenOS 15. OPPO unveils Find X8 series in China

Tech wrap Oct 25

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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PM Modi may address 12 public rallies in Maha ahead of polls: Bawankule

UTI AMC Q2 results: Net profit jumps 31% to Rs 239 cr, revenue at Rs 538 cr

Tech wrap Oct 25: Apple M4 Macs, OnePlus OxygenOS 15, OPPO Find X8 series

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Market Crash Highlight: Benchmarks fall for 4th week; Sensex down 663 pts today, Nifty below 24,200

ITC Q2FY25: Net profit up 1.9% at Rs 4,992.87 cr, revenue rises 15.6%

Stock market Crash: Sensex tanks 1,823 points this week; check reasons here

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