News Overview

Vodafone's IoT and financial services capabilities are strategically significant, according to Microsoft's Chief Commercial Officer Judson Althoff.

The gross non-performing asset (NPA) percentage of the bank decreased to 2.29% from 2.43 % during the same period previous year.

The company achieved an impressive margin of 23.8%, indicating a notable improvement of 440 basis points from 19.4% in Q2FY24.

The share price of LIC has increased significantly in the last few months.

Coalesce the TCS rate on outbound tours into a single 5% slab to reduce the significant advantage enjoyed by international competitors (exempt from this levy).

Siva Ganesan, told PTI that as a business prospect, Gen AI is still in its "early days" and that the use cases are still tiny.

Jio Financial Services' quarterly revenue fell 32% from Rs 608.04 crore in September 2023 to Rs 413.61 crore in Q3FY24.

The company estimates that the change will result in a weighted average increase across models of about 0.45%.

The positive sentiment spread across other sectors as well.

Although L&T did not reveal the precise amount of the contract, an order is considered "mega" if its worth is Rs 10,000–15,000 crore.