IOB's Q3 Profit Surges 30% to Rs 723 Crore: A Closer Look
Indian Overseas Bank reports a 30% rise in net profit for Q3 2023-24, reaching Rs 723 crore, driven by improved core income and reduced bad loans.
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New RBI Leadership Crucial for February Rate Cut Decision, MPC Minutes Reveal
The RBI's Monetary Policy Committee showed divided opinions on policy easing, with four members expressing hawkish views, making a February rate cut dependent on new leadership. Th...
Sebi Exposes Massive Front-Running Scandal Involving PNB Metlife Dealer
Sebi uncovers front-running scheme by PNB Metlife equity dealer, Sachin Dagli, and associates, amassing Rs 21.2 crore in illegal gains over three years. Sebi bars nine entities fro...
Swan Energy and Nebula's AG&P Join Forces for Major Indian Gas Ventures
Swan Energy, owned by billionaire Nikhil Merchant, partners with AG&P Terminals & Logistics, a unit of US-based Nebula Energy, to form LNG and gas logistics ventures in India. The ...
Supreme Court Ruling Deals a Blow to IL&FS Shareholders
The Supreme Court's DND Flyway order significantly impacts IL&FS shareholders and lenders, affecting projected revenues and project risks in infrastructure developments.
States Hesitate on Insurance Rate Cuts: Middle Class Impact Uncertain
The GST Council's proposal to lower insurance rates faces resistance from several states, fearing revenue loss. The potential impact on the middle class remains uncertain.
Tata Steel Faces Closure Threat Over Toxic Emissions in the Netherlands
Dutch regulators threaten Tata Steel with fines and plant closure if toxic emissions are not significantly reduced within a year. The company faces a €27 million fine if measures a...
TCS and Infosys Lead the Pack in Attracting $100 Million Clients
TCS and Infosys have onboarded 12 new clients each, contributing $100 million or more in revenue, while Wipro and HCLTech have gained only seven. Analysts discuss the challenges an...
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