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Expert view: Deepak Ramaraju, Senior Fund Manager at Shriram AMC, believes a populist budget may strain the fiscal deficit and result in further rupee weakness. Higher disposable income may boost spending, while government support could enhance manufacturing and renewable energy. Continue Reading »
Dalmia Bharat reported a 75% YoY decline in Q3 FY25 net profit, dropping to ₹66. Revenue from operations fell 11.7% YoY to ₹3,181 crore for the same quarter. Continue Reading »
Jana Small Finance Bank reported a 17.91% drop in net profit to ₹110.6 crore for the December quarter. The bank's NII rose 8% to ₹593 crore, while GNPA increased to 2.8%. The total asset AUM reached ₹27,984 crore, reflecting 19% year-on-year growth. Continue Reading »
France’s first syndicated bond sale in about eight months met a flood of investor demand as the new government attempts to muster enough support to pass a much-needed budget. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 1235.08 points, or -1.6, to settle at 77073.44, while the Nifty lost 320.1 points, or -1.37, to close at 23344.75. Continue Reading »
Upcoming IPO: Mumbai-based decorative wall panel and premium laminates firm Euro Pratik filed its initial draft papers with SEBI on January 21. The company aims to raise ₹730 crore via IPO to pay off its shareholders selling stake. Continue Reading »
Stock Market Today: By addressing the interrelated aspects of accessibility, affordability, and innovation, Industry experts as Aditya Kandoi of Redcliffe Labs expressed optimism that the Union Budget 2025 may pave the way for addressing the existing loopholes and the promotion of a healthier India. Continue Reading »