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IndiaTV Business: Google News Feed: Digest for October 23, 2022

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Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
Reliance Industries Limited (RIL) posted the proceedings of its second-quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
Reliance Industries Limited (RIL) posted the proceedings of its second-quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.
With India and Pakistan set for a face-off in the T20 World Cup on Sunday, restaurants and cinema halls in Delhi have introduced curated menus and will hold special screenings of the match to cash in on the fervour.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
Reliance Industries Limited (RIL) posted the proceedings of its second-quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.
With India and Pakistan set for a face-off in the T20 World Cup on Sunday, restaurants and cinema halls in Delhi have introduced curated menus and will hold special screenings of the match to cash in on the fervour.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
Reliance Industries Limited (RIL) posted the proceedings of its second-quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.
With India and Pakistan set for a face-off in the T20 World Cup on Sunday, restaurants and cinema halls in Delhi have introduced curated menus and will hold special screenings of the match to cash in on the fervour.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
Dhanteras 2022: Rebounding after two pandemic-hit years, automobile dealers expect a bumper sale of two- and four-wheelers during the auspicious Dhanteras this year. Dealers expect a rush for automobiles across categories. Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania said dealers are sitting on a record number of bookings this festive season and most customers are insisting on deliveries on Dhanteras. FADA is an independent collective of automobile dealers. It represents over 15,000 automobile dealers and 26,500 dealerships pan-India.
ICICI Bank Q2 results: ICICI Bank on Saturday reported a 31.43 percent jump in its September quarter consolidated net profit at Rs 8,006.99 crore.
Reliance Industries Limited (RIL) posted the proceedings of its second-quarter earnings call on the metaverse, becoming the first Indian firm to use the medium to engage with its stakeholders.
With India and Pakistan set for a face-off in the T20 World Cup on Sunday, restaurants and cinema halls in Delhi have introduced curated menus and will hold special screenings of the match to cash in on the fervour.
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