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Net Profit stood at Rs411 million; Pat Margin of 18.5%.

Indias foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the back of robust capital inflows in the equities markets and strengthening of rupee from the record low, the Reserve Bank of India (RBI) data showed. The countrys forex reserves have risen for the first time in the last five weeks under review. The forex reserves […]

Employment in the U.S. jumped by much more than expected in the month of July, according to a closely watched report released by the Labor Department. The report showed non-farm payroll employment spiked by 528,000 jobs in July after surging by an upwardly revised 398,000 jobs in June. The Labor Department said job growth was widespread, led by gains in the leisure and hospitality, professional […]

The recent success of this round of deposit collection may compel HDFC Bank to open additional dedicated windows for foreign buyers until November.

PAT stood at Rs28.68 crore as against Rs24.08 crore.

Tata Motors said that its subsidiary Tata Passenger Electric Mobility (TPEML) and Ford India (FIPL)have signed a unit transfer agreement (UTA) for the acquisition of FIPLs manufacturing plant situated at Sanand, Gujarat.

The board also approved reconstitution of Fund-Raising Committee for finalizing the terms of the proposed issues.

China's IPO market has resisted obstacles including rising interest rates and worries about a US recession, which have effectively stopped substantial equity fundraising elsewhere. Offerings in the Asian economy are primarily targeted at local investors because its monetary policy differs from that of the Federal Reserve.

Record date is 19 August 2022

Hindalco Industries Ltd has added 16.81% over last one month compared to 16.15% gain in S&P BSE Metal index and 7.24% rise in the SENSEX