Struggling companies are rebranding as digital asset treasury (DAT) firms, investing in cryptocurrency to attract capital and boost stock prices, though sustainability remains uncertain amid regulatory scrutiny and volatile market performance.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.