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“We cut our FY23 Ebitda/PAT (operating profit/profit after tax) estimate by 16%/22%, at the consolidated level, driven by a 28% reduction in India Ebitda due to higher coal costs. We expect the coal crisis to dissipate in the next one-to-two quarters,” said Motilal Oswal.

Zee Entertainment reported a consolidated net profit of ₹81.93 crore for the March quarter compared to a profit of ₹272.36 crore for the same period a year ago. Its total income in the quarter stood at ₹2,361.17 crore compared to ₹1,984.39 crore in the year-ago period.

Trade was likely to be lightened through Monday as U.S. stock and bond markets close for the Memorial Day public holiday. Early in the Asia session the dollar was a fraction weaker on the euro at $1.0728, just above a five-week low, having dropped about 1.5% on the common currency last week.

A weaker dollar makes bullion more attractive for buyers holding other currencies. Higher short-term U.S. interest rates and bond yields raise the opportunity cost of holding bullion, which yields nothing. Gold prices edged up on Friday and posted a second consecutive weekly gain, propped up by a pullback in the dollar and U.S Treasury yields

Due to the freeze, those customers could not transfer any fund to other accounts but could receive cash. A small number of remaining ones, according to the bank, will be completed soon within the next few hours. About two and half years ago, the central bank had ordered the bank to temporarily hold all digital launches and new sourcing of credit card customers.

The Merge will be the most important event in the crypto space this year by far, said Vance Spencer, co-founder of venture capital firm Framework Ventures.

Hindustan Copper said its profitability has improved on account of dynamic marketing policy, effective procurement of services, reduction of loans and rise in LME prices

​The stock is holding comfortably above Rs 400 levels, and any dips towards 415-420 in this week can be used to go long in the stock, suggest experts. “In the daily time frame stock has bounced after forming a Double Bottom pattern and is sustaining above 400 which is an important support,” Sumeet Bagadia, Executive Director, Choice Broking, said.

FTX has no shortage of funds in its war chest for deal-making. In January, the exchange raised $400 million at a $32 billion valuation, bringing the total amount raised in the prior half a year to close to $2 billion. At the same time, its US entity separately raised $400 million.

Shareholder activism can mean several things. Some activists want to take over a company and govern it differently for financial reasons. Some, such as the ones urging Ruger to study human rights, invest in companies in order to push them to change on social issues.