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Latest Articles in Companies Markets
Wednesday Market Opening: Adani Group Shares Jump, SAIL, GAIL Go Bullish
Finally Tuesday saw some respite for the Nifty even as Sensex continued to decline. Will Wednesday show some magic?
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Bajaj Auto Reports 42% Increase In Profit Due To Commercial Vehicle Sales In Q1
Sales of commercial vehicles, which include three-wheeler auto-rickshaws and mini pick-up vans, more than doubled in the domestic market, while two-wheeler sales grew 73 per cent
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Asian Paints Sees Consolidated Net Profit Of Rs 1,550 Cr In Q1
The company posted a consolidated net profit of Rs 1,550 crore for the quarter ended 30 June, beating analysts' estimate of Rs 1,381 crore as per Refinitiv data
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L&T’s Consolidated Net Profit Surges 46.5% To Rs 2,493 Cr In Q1
The company's infrastructure projects, its biggest segment, logged orders worth Rs 40,051 crore, with international orders contributing 35 per cent, up from Rs 18,343 crore last year
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Wright Research Launches Quant-based Portfolio Management Services
The PMS service offers the sophistication of AI-driven, quant-based investment strategies to a wider audience, promoting a more informed, data-driven investment culture
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CEAT Sees 16-Fold Jump In Net Profit, Hits Rs 145 Cr In Q1
Revenue rose 4.1 per cent to Rs 2,935 crore, while total expenses fell 2.8 per cent, led by a 14.3 per cent drop in the cost of materials consumed
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Byju’s Has ‘Regularly Rejected’ Its Advise: Investor Prosus
"Executive leadership at Byju's regularly disregarded advice and recommendations relating to strategic, operational, legal, and corporate governance matters," Prosus said in a statement
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Tata Motors’ Profit Estimates Rise Due To Strong JLR Sales
The UK-based JLR unit, which accounted for 70 per cent of Tata Motors' revenue, has benefited from strong demand for its higher-margin SUVs like the Range Rover and an improving supply of semiconductors after crippling shortages for several quarters
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Cyient Sees 45% Profit Jump In Q1 But Misses Estimates As Costs Rise
The Hyderabad-based company reported a 45 per cent rise in consolidated net profit of Rs 168 crore for the first quarter ended on 30 June 2023, compared with Rs 116 crore a year ago
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SBI Life’s Profit Rises 45% To Rs 381 Cr In Q1 On Higher Premiums
SBI Life, one of India's largest life insurers, said its profit after tax for the quarter ended 30 June rose to Rs 381 crore from Rs 263 crore, a year earlier
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Tax Authorities To Intensify Scrutiny On High-Value Expenditure In Luxury Sectors
Central Board of Direct Taxes' Action Plan Targets Hotels, Luxury Retail, and Designer Brands for Closer Inspection
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SpiceJet Taken Off DGCA Surveillance List
Earlier, news agency PTI had reported that SpiceJet was under "enhanced surveillance" for more than three weeks due to financial challenges faced by the budget airline
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Despite Gain In Metals, Power Stocks; Indian Markets Remain Flat On Tuesday
The Nifty 50 index settled 0.04 per cent higher at 19,680.60, while the S&P BSE Sensex lost 0.04 per cent to 66,355.71
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Threads - The New Kid On The Block
Meta’s text-based app Threads has hit 100 million users within a week of its launch. Reports point to Twitter’s traffic slowing
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Swiggy's Staff To Get Cumulative $50 Mn Under ESOP Plan
In 2021, the delivery platform underlined its 2-year ESOP liquidity programme for 2022 and 2023
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