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The Board has given in-principle approval for additional creation of up to 1 million vehicles per year. The total existing capacity is around 13 lakh units in Manesar and Gurugram. The investment required for the proposed capacity addition would be finalised in due time while framing the phases of installation of capacity.

Emkay Global expected Maruti Suzuki to report a 46% rise in standalone net profit at Rs 2,684.90 crore for the March quarter compared with Rs 1,838.90 crore in the year-ago quarter.

The Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approval, the company said in an exchange filing.

​I am again very optimistic about Europe, given that we are a very niche player. We are targeting markets where we are less than 2% market share; France, Italy, Spain and UK are the four countries that there is clear focus as far as Apollo in Europe is concerned.

Most of the fulfilment efficiency gains seem behind (especially in BPC); there may be room in customer acquisition costs (CAC) and product margins, but these are more a function of the competitive landscape and Nykaa remains in customer recruitment mode.

Persistent Systems, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 34167.32 Crore) operating in IT Software sector.

Ksolves India, a smallcap software development firm with a market cap of INR750cr, has declared a final dividend of INR8 ($0.11) per share for FY22-23, subject to shareholder approval. The development company reported revenues of INR23cr in 1QFY22-23 compared with INR14cr YoY, and a net profit of INR7.3cr. Elsewhere, mid-cap IT firm Persistent Systems has announced a final dividend of INR12 per share, along with a special dividend of INR10 per share for FY23, after achieving $1bn in annual revenue.

Hindustan Unilever is set to reveal Q4 2018 revenue growth led by price hikes with volume growth driven by mid single-digits in the skin cleansing sector. Despite an anticipated dip in margins due to a hike in ad-spend and a 30 bps royalty impact, Jefferies suggests the YoY margin decline will be around 60 bps versus 100-200 bps seen in the nine months ending December 2017. Gross margins are expected to rise quarter-on-quarter while the company could see continued strength in home care revenue growth due to increases in laundering prices.

Tata Steel Long Products (TSLP) has posted a standalone loss of Rs 184.11 crore during the fourth quarter of financial year 2022-23, on account of increased expenses. The company had reported a net profit of Rs 59.62 crore during the January-March period of fiscal year 2021-22, TSLP said in a regulatory filing on Tuesday.

Mehta, who brings with him a wealth of experience and expertise, will focus on five areas including -- ease of doing business reforms for the broking industry, especially in the areas of compliance, standardization of software, and leveraging technology to facilitate connectivity among stakeholders and members.