CEO Sumant Kathpalia said the bank disbursed a record ₹10,660 crore of vehicle loans and ₹9,700 crore of micro finance loans, helping boost its assets that included a 24% year-on-year growth in corporate advances.
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent.
Corning’s stock dropped significantly after reporting slower fiber optics growth. The company forecast lower third-quarter sales, disappointing market experts. This decline erased billions in the
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