News Overview

Financial-related indexes, including banks and financial services, faced losses of about 0.75%, with public sector banks experiencing a 2% drop.

Passenger traffic has decelerated from +20% YoY in H1 FY24, to +10% in October and +5% in November.

In Q2 FY24, the demand continued to remain soft. QSR sector was affected by an additional month of Shravan.

The development project, located in Yelahanka, North Bengaluru, involves a Joint Development Agreement (JDA) signed with Krishna Priya Estates and Micro Labs.

A MOU has been signed with an Apollo affiliate, driving Panasonic shares up by 5.3% in Tokyo trade.

The board of directors is scheduled to meet on November 24 to approve the issuance of NCDs on a private placement basis, totaling up to Rs 3,500 crore, spread over the next six months

In-line with expectations of analysts at IIFL Capital Services, the RBI has increased the risk-weights on personal loans and credit cards for both banks and NBFCs, as well as for banks’ exposure to the NBFCs.

Mutual funds are long term investments, so which funds have done best over the last 10 years on risk-adjusted returns?

Q2 FY24 saw an aggregate Sales/EBITDA/PAT growth of 1/40/51% on a YoY basis, but only 0/2/0% QoQ, for a sample for 483 companies out of BSE 500.

JSW Infrastructure aims to develop Keni Port as a crucial part of Karnataka's maritime infrastructure and trade gateway.