ITC Q2 Results: Revenue from operations grew 15% YoY to Rs 22,282 crore in the reporting period. Profit fell slightly short of ET Now Poll estimates of Rs 5,079 crore, while revenue exceeded expectations. The cigarette-to-hotels conglomerate posted an EBITDA of Rs 6,335 crore for the July-September 2024 quarter, with margins at 32.8%.
Bihar CM unveils panchayat projects worth Rs 7,160 cr (24-10-2024)
Bihar CM Nitish Kumar has inaugurated and laid the foundation for projects worth Rs 7,160 crore. These projects include the construction of government buildings in panchayats and resource centres. Street lights are also being installed. The goal is to complete these works by June 2025. Deputy Chief Ministers and other officials attended the event.
Tube Investments Ltd ~ Diversified Engineering Company (24-10-2024)
Differences in family are like cracks in glass, impossible to be fixed. Seeming fixes are to be taken with a pinch of salt.
Group premium assigned to each stock can be wiped off as and when a split becomes obvious. Until then juggling between the stocks should pay well.
Storage in key Indian reservoirs unchanged for 3rd week in a row (24-10-2024)
They are higher than normal, filled to 87 per cent of the 180.852 BCM capacity
Capital Small Finance Bank Q2 Results: Profit zooms 37% to Rs 33.3 crore (24-10-2024)
Capital Small Finance Bank reported a 37% rise in net profit at Rs 33.3 crore for the second quarter of the fiscal as against Rs 24.3 crore in the year ago quarter.
RBI rejects top cop Asthana’s appointment to board; delay in notification an oversight, says REL (24-10-2024)
Religare Enterprises informed stock exchanges that the Reserve Bank of India rejected its proposal to appoint Rakesh Asthana as a director. This rejection occurred on May 15, 2024. Religare attributed the delay in disclosure to an oversight and faces legal challenges from the Burman family regarding the appointment and AGM postponement.
The Gambegre by-election in Meghalaya is facing a multi cornered contest (24-10-2024)
The Gambegre by-election in Meghalaya sees a multi-cornered contest with candidates from NPP, BJP, Congress, and Trinamool Congress. Voting is on November 13, results on November 23. In Assam, BJP and allies contest five assembly seats facing opposition challenges and internal rifts within ASOM alliance.