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While Cello World and Blue Jet Healthcare have already announced their IPO dates, companies such as Tata Technologies, Mamaearth, ASK Automotive, Protean eGov Technologies, Fedbank Financial Services, ESAF Small Finance Bank, Flair Writing Industries and Credo Brands Marketing, among others, are in the pipeline.

Leading private lender Axis Bank has posted 10% year-on-year growth in its standalone net profit at Rs 5,863 crore in the July-September period.

The Supreme Court has criticized the Securities and Exchange Board of India (Sebi) for issuing a show cause notice to a company ten years after conducting an investigation. The case involves the alleged misuse of funds raised through preferential allotment of shares by Alps Motor Finance. The court has directed Sebi to hold an inquiry into the delay and submit a report.

Among sectors, the Nifty Auto index has been the best and the most consistent performer in this period. It gained in all 10 years.

"With the upcoming festivities, we are already seeing a surge in demand, which augurs well for business," said Amitabh Chaudhry, managing director, Axis Bank. "We are looking at steady growth for all major business verticals of the bank."

The company reported strong tower additions and reduced finance costs, even though its key customer, Vodafone Idea (Vi) cited challenges in clearing its massive past dues. In a statement Wednesday, Indus managing director Prachur Sah said the tower company had recorded the highest quarterly tower additions in the company’s history, outdoing the previous quarter’s performance on this metric.