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The Dow Jones Industrial Average fell 71.74 points, or 0.19%, at the open to 38,448.10.

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The company joined Microsoft and other tech firms in starting to see results benefiting from their heavy AI investments, while also outlining more spending in 2024 to develop the much-hyped tech.

The airline, which has more than 60% share of India’s domestic market, recorded a profit of Rs 2,998.12 crore against Rs 1,422.6 crore in the year-ago period —- an increase of 110% while revenue jumped by 30% to Rs 19,452.15 crore.

According to an exchange filing, I-Pru MF has sold 2.06 crore shares or 2.15% stake between January 20 and January 30 in a series of secondary market transactions. At the end of the December quarter, the fund house held a 7.25% stake in the company and post the stake sale, it has about 5.09%.

Interglobe Aviation Q3 Results: ​Revenue from operations during the reporting period increased 30% year-on-year (YoY) to Rs 19,452 crore.

Morgan Stanley Asia Singapore Pte (ODI) acquired 50,00,000 shares of the company at Rs 487.2 each, according to bulk deals data on the National Stock Exchange. The company expects RBI’s action to have a worst-case impact of Rs 300-500 crore on its annual EBITDA, going forward. However, it expects to continue on its trajectory to improve its profitability.

Capital SFB IPO: The lender has priced the IPO in the range of Rs 445-468 per share and investors can bid for 32 shares in one lot, and in multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the remaining 15% for non-institutional investors.