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Tata Motors is seen posting a consolidated net profit of Rs 285 crore for the December quarter, compared with a loss of Rs 1,516 crore a year ago, and a loss of Rs 945 crore a quarter ago. Consolidated sales are seen rising over 14% year-on-year (YoY) and 3% sequentially to Rs 82,738 crore.

Investors are all but certain the Federal Reserve will implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.

“At this point in time, we are watching the next central bank move on the repo rate, so raising funds from the market makes sense because we can tweak the tenure. But with term deposits, there is no scope of repricing,” said a senior official at a private sector bank.

Sensex ended 0.06% or 37 points higher at 60,978.75, while Nifty held 18,118 levels. Meanwhile, broader markets underperformed the headline indices, with Nifty Midcap100 ending 0.4% lower. >> For more such web stories click on the ET icon below

Spot gold fell 0.2% to $1,927.35 per ounce by 10:20 a.m. ET (1520 GMT), after hitting its highest since late-April 2022 earlier in the session. U.S. gold futures was up 0.3% to $1,922.30.The dollar index gained 0.2% against its rivals, making greenback-priced bullion cheaper for many buyers, while benchmark U.S. 10-Treasury yields rose to a near one-week high. [USD/][US/]

As a result, India’s largest telecom tower company has followed a stringent policy for making a doubtful debt allowance in respect of its overdue receivables. The additional Rs 2,298.1 crore provision towards doubtful debt in the December quarter reflects a near 30% jump sequentially. The tower company had made a Rs 1,770.9 crore provision towards doubtful debt in the fiscal second quarter

There are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation comes off record highs, the Lithuanian central bank chief said in an interview in Vilnius. Monetary tightening may not finish before the summer, he said.

Earlier this month, Sebi sent notices to various entities, including erstwhile promoters of Religare Enterprises Malvinder Mohan Singh and Shivinder Mohan Singh, asking them to pay Rs 48.15 crore within 15 days in a fund diversion case of Religare Finvest.

"This will only strengthen the consumer sentiments going ahead. Combined with the consolidation on the supply side and our strategy of capital light expansion through JDAs (joint development agreements), we believe that we can deliver 20 per cent CAGR in pre-sales and about 20 per cent ROEs (return on equity) over medium term," Lodha said.

According to the ET Now poll, revenue is likely to fall 2% on year and 13% sequentially to Rs 8,852 crore. Net profit is expected to rise 11.3% on year to Rs 1,351 crore, but fall 12% sequentially.Ahead of its earnings, the stock ended 1.7% higher at Rs 3,686.50 on the NSE