Car dealers are now a vital distribution channel for auto insurance since they are the main middlemen in the customer's purchasing process.
Revenue from operations rose by 71% to ₹524 crore in Q2FY25, compared to ₹307 crore in Q2FY24.
You can call it the Hyundai effect, but the IPO collections in calendar 2024 have already crossed ₹1.1 trillion!
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.
Mr Manish Satnaliwala, CEO, Capital Infra Trust in interaction with IIFL Capital Services
The yield on the U.S. 10-year Treasury has increased, overnight hitting a three-month high of 4.26%.
Here are some of the stocks that may see significant price movement today: Escorts Kubota, Infosys, Mahindra & Mahindra, etc.
The largest consumer products business in India, Unilever, saw quarterly sales increase to ₹15,319 crore from ₹15,027 crore
While businesses saw an increase in hiring, overall economic activity in the United States remained relatively unchanged from September to early October.
Asian markets showed mixed results on Thursday following a decline in U.S. stocks.

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