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July 28, 2023 11:14 AM IST

Top Pakistani official admits smugglers drop drugs in India using drones

Yatharth Hospital IPO closes today, subscribed 4.19 times

Noida-based hospital chain Yatharth Hospital & Trauma Care Services intends to raise Rs 686.55 crore via maiden public issue, at upper end of price band of Rs 285-300 per share.

Indian Bank jumps 3% after stellar Q1 show

India Bank's net interest income jumped 26 percent to Rs 5,703 crore in the June quarter from Rs 4,534 crore in the year-ago period

Greenlam Industries hits 52-week-high as Q1 net profit rises 33%

In the quarter under review, the company also reported a 9.5 percent YoY rise in its revenue from operations at Rs 515.2 crore for Q1FY24 as compared to Rs 470.6 crore in Q1FY23.

Exclusive | Indian Bank aiming for 20% growth in gold loans this year, says MD & CEO SL Jain

Jain said Indian Bank was open to lending to airline companies.

Shares of Railtel decline 4% post Q1 result

The earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 10.6 percent YoY at Rs 74.1 crore as against Rs 67 crore. However, the EBITDA margin witnessed contraction at 15.9 percent in Q1 FY24 against 17.8 percent in the same period previous year.

GuruSpeak | Manoj Mishra - How a telecom executive quit his high-profile job to trade options

Option writing has a profitable edge on account of time decay (Theta). It is possible to target a 1 percent return a week, anything more than that would be risky, given the small room for winning an options writer has

Shriram Finance reduced bank borrowing as interest rates rose, data shows

Shriram Finance cut its bank borrowings from 25.87 percent of total borrowings in Q1FY23 to 24.31 percent in the April-June quarter of the current financial year

Garden Reach Shipbuilders up 4% on launch of underwater vehicle

The underwater vehicle has been designed to operate in autonomously manner and its design enables it to carry out a variety of roles depending on the payload, the company has said

IT Committee may give clean chit to Data Protection Bill in Parliament, members divided

A dissent note has also been prepared by a member criticising the sweeping powers the Digital Personal Data Protection (DPDP) Bill gives to the government and its agencies.

Apple, Google should share apps’ origin, developer identity with government: House panel

The Parliament’s standing committee on finance has said the RBI informed it that the tech companies refused to modify their operating systems for OTP-based two-factor authentication to make banking services more secure

Omega, Cartier models gain as Rolex keeps falling

The Bloomberg Subdial Watch Index fell 1.4% in a month and is now down 16% over the past year.

Indian Hotels Company: Strong results; to consolidate leadership position in industry

With travel picking up, government efforts to boost connectivity as well as India hosting key international events, demand momentum should remain strong. IHCL expects the uptick in average room rates to continue.

Karnataka man falls into waterfall while trying to make Instagram reel. Video

In the video shared on Twitter, the man could be seen standing on a rock overlooking the waterfall. He then lost his balance and fell into the rapidly flowing waves and disappeared away.

Kering strikes 1.7 billion euro deal to acquire 30% share in Valentino amid Gucci's performance concerns

Kering's recent announcement of the deal to acquire a 30 per cent share in Valentino has raised eyebrows among investors, especially due to the hefty valuation of Valentino at over 5 billion euros.

Shakira nearly attacked by rat, rescued by crane while filming new music video. Watch

Colombian superstar Shakira was seen shrieking in horror as a rat crawled towards her head during the shoot of a music video.

India at forefront in taking action on biodiversity conservation, protection: PM Modi at G20 environment meet

Addressing the G20 Environment and Climate Sustainability Ministerial Meeting here via video conferencing, the Prime Minister said he was proud to say that India has led the way through its ambitious "Nationally Determined Contributions."

Toyota's global sales rise 5.1% to 4.9 million in first half of 2023

The company sold some 4.9 million vehicles globally in the six months through June, including of its luxury Lexus brand, compared with about 4.7 million vehicles during the same period in 2022.

Piramal Pharma rights issue at Rs 81 a share, opens August 8

The record date for determining the shareholders eligible for the rights issue is August 2. The issue will close on August 16

Crypto regulatory framework in 6 months a challenging task: CoinSwitch CEO Ashish Singhal

The conversation with the government has shifted from implementing a possible ban on crypto to it being at least partially regulated, Singhal said.

Blue Dart Express slumps 5% as net profit falls sharply, margin shrinks

Operating margin shrunk to 15.40 percent from 20.66 percent a year ago, weighed by a surge in other expenses and higher depreciation and amortisation expenses.

Shriram Finance: Profit surge on lower provision and operating costs

Post-merger synergies drive healthy asset growth. Margin dipped, but return ratios beat guidance

Tata Consumer Products: Food business to drive growth in the longer term

Core categories, like tea and salt, should grow in a sustainable manner for further re-rating

US court denies India's Go First emergency arbitration in Pratt & Whitney dispute

The airline, also known as Go First, had in May sought an emergency arbitration to prevent it from going out of business and blamed Raytheon Technologies-owned engine maker for its financial woes and bankruptcy filing.

Buy USDINR; target of : 82.30 : July 28, 2023: ICICI Direct

ICICI Direct, Rupee is expected to depreciate today amid strong rebound in dollar. Better than expected US advance GDP numbers and resilient labor market has increased the probability of rate hike scenario in US.