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"After the approval of NCLT for the Sony-Zee merger, the estimated combined revenue of the merged entity is expected to be around Rs 18,000 crore in FY25, with a projected PAT of around Rs 2,500-2,600 crore. This comes as big sigh of relief for investors and analysts who have been waiting for this for more than two years. "

Sectors sensitive to domestic interest rates like banks and financial services stocks were among the top losers as Nifty Bank fell 0.76%. Meanwhile, FMCG index lost 0.91%, followed by Pharma, which was down 0.74%.

The company reported a profit of Rs 71 crore for the quarter ended June, up from Rs 6 crore in the corresponding period of the last financial year.

The Bengaluru-based company which also manufactures and distributes athleisure wear reported a 7.5% fall in its revenue from operations at 12.40 billion rupees.

See, earlier you retire more money you need because, if for example, you retire at the age of 50 and you consider a life expectancy of 90 years, 85 years whatever so it means from 50 to 90 you need to live on that money for next 40 years.

"The railway ticket and because it has become default check-in for people to get covered. Now because it has become default check-in, most of us now will be covered by this policy and the only thing that a person needs is a report from the railway authorities that this kind of an incident has happened and this is typically available with whichever railway you have travelled and fill a claim form."

The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year to Rs 1,940 crore, driven by operating efficiency, and softening of material and energy prices.

The RBI was possibly selling dollars in the final minutes of trade, two traders at state-run banks said. Foreign banks were also selling dollars following a correction in the dollar index, one of the traders said.

"Sony here means it is a big positive and I do not even rule out something like Rs 450 coming on the stock over the next one year. This is a very big positive and with the World Cup cricket and other things to go with it, this could be a real game changer on media and particularly for Zee."