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ICICI Banks standalone net profit rose 49.6% to Rs 6,904.94 crore on 16.23% increase in total income to Rs 28,336.74 crore in Q1 FY23 over Q1 FY22.

On account of ongoing CIRP process

The mentioned foreign subsidiary is located in Chantilly, Virginia, the USA.

On 28 July 2022

As per the Companies Act 2013, a special resolution must receive approval from shareholders who own at least 75% of the total equity.

Record date is 19 August 2022

Revenue from exports contributed 34% in Q1FY23 as compared to 30% in Q1FY22.

The key equity barometers traded with minor cuts in early trade amid some selling in key index pivotals. The Nifty traded below the 16,700 mark. Barring banks, metals and IT, shares across sectors declined. At 09:23 IST, the barometer index, the S&P BSE Sensex, was down 84.09 points or 0.15% to 55,988.14. The Nifty 50 index lost 22.80 points or 0.14% to 16,696.65. Among the […]

The U.S. Federal Reserve is expected to increase interest rates by 75 basis points, according to officials at the institution.

World Health Organizations assessment is that the risk of monkeypox is moderate globally and in all regions, except in the European region where they assess the risk as high. However, there is also a clear risk of further international spread, although the risk of interference with international traffic remains low for the moment, WHO noted. ?So in short, we have an outbreak that has spread […]