State-owned Indian Bank has reported a 35% year-on-year rise in third quarter net profit at Rs 2852 crore, as against Rs 2119 crore in the year ago period, on account of higher earnings and lower provisions.
Astonea Labs’ IPO allotment is expected to be finalized today, with shares potentially credited to successful bidders by June 2 and listing on June 3.
Bajaj Auto is facing potential electric scooter production disruptions starting in July due to China’s restrictions on rare earth magnet exports, a critical component for
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