Hindustan Aeronautics Ltd (HAL) reported a 14% YoY increase in Q3 profit, reaching Rs 1,440 crore, driven by strong demand from the defense ministry. Revenue rose 15% YoY to Rs 6,957 crore, with EBITDA up 17% YoY. HAL declared a first interim dividend of Rs 25 per share, with a record date of February 18 and payment on March 14.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate