IIFL Securities has been imposed with a Rs 11 lakh penalty by Sebi for breaching stock broker regulations. An inspection in August 2022 uncovered lapses such as faulty fund settlement and inaccurate retention statements.
Reliance Jio’s Q3FY25 earnings missed expectations due to muted user additions, modest ARPU growth, and higher costs. However, Jio’s home broadband business showed strong growth,
Infosys shares fell nearly 6% due to a muted outlook for the fourth quarter and cautious sentiment regarding Donald Trump’s expected policies. The stock closed
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