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Topline growth at the Nifty level excluding financials was at 9.8 per cent quarter-on-quarter and 24 per cent on a yearly basis, ICICI Securities said in a recent note. The bottom line grew at a healthy 14 per cent year-on-year, the brokerage said.
Gehlaut steps down as chief of Indiabulls Housing FinanceGehlaut, who set up the company in January 2000 and led it through many ups and downs to become the third-largest home finance company in the country, will continue on the board as a non-independent, non-executive member. Thi… Read MoreSGX Nifty up 20 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 20.50 points, or 0.18 per cent higher at 11,331.50, in signs that Dalal Street was headed for a positive start on Thursday.
from Stocks-Markets-Economic Times https://ift.tt/3ix… Read MoreAre multi-asset funds a good way to take exposure to gold and global equities?The fund, which closes on August 21, will have 50 per cent allocation to domestic equities, 20 per cent to international equities, 15 per cent to commodities and 15 per cent to fixed income, with rebalancing happening once ev… Read MoreAsian stocks grind higher as US data brightens moodMSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%, and gains in semiconductor makers drove Japan's Nikkei 1.9% higher to a six-month peak.
from Stocks-Markets-Economic Times https://ift.tt/3iEbsxQ
… Read MoreTata Motors’ dealers reach out for supportThey urged Tata Motors to announce interest-free loans of Rs 25 crore for commercial vehicle dealerships and 10 crore for a passenger car dealership, adding that the company could recover the money over three to five years.
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