Revenue from operations rose by 71% to ₹524 crore in Q2FY25, compared to ₹307 crore in Q2FY24.
Mr Manish Satnaliwala, CEO, Capital Infra Trust in interaction with IIFL Capital Services
While businesses saw an increase in hiring, overall economic activity in the United States remained relatively unchanged from September to early October.
According to CME's FedWatch Tool, markets are pricing in a 90.4% chance of a 25 basis point drop at the U.S. Federal Reserve's November meeting.
Operational revenue increased 13.3% to Rs 9228 crore, although it was less than the Rs 9421 crore analysts had predicted.
Car dealers are now a vital distribution channel for auto insurance since they are the main middlemen in the customer's purchasing process.
Adani Power's stock fell slightly on Wednesday, closing at Rs 583. In the past five years, the stock has given investors returns of nearly 800%
The yield on the U.S. 10-year Treasury has increased, overnight hitting a three-month high of 4.26%.
Revenue declined 29% quarter-on-quarter, falling to ₹12,086 Crore, down from ₹17,095 Crore in the previous quarter.
The largest consumer products business in India, Unilever, saw quarterly sales increase to ₹15,319 crore from ₹15,027 crore
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