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During the third quarter ended December 2021, SBI recovered Rs 1,500 crore from written-off accounts and for the nine months during April-December FY22, the recovery amount stands at Rs 5,600 crore, SBI said in a post Q3 FY22 earnings call with analysts.

"He was very forthright and frank and said what he thought was right for the country and for the industry. He did not mind what the government felt. it was accepted when it came from Rahul, because it was in his character and they all knew that he was brutally honest."

Total revenue from operations was up by 4 per cent to Rs 163.8 crore in the October-December quarter of FY22 against Rs 156.8 crore in Q3FY21, IndoStar Capital said in a release.

The company had logged a net profit of Rs 80.08 crore in the year-ago period, RInfra said in a filing to BSE.

Markets have been consolidating for the last four months and still not offering any cue over the next directional move. Global cues including inflation concerns and Russia-Ukraine tension are currently weighing on the sentiment. "The direction of the market in the week ahead will be determined by cues from global markets while domestic macroeconomic data and corporate earnings will continue to remain in focus in the near term," said Vinod Nair, Head of Research at Geojit Financial Services.

“The next phase will belong to the new-age technologies like electric vehicles, the ecosystem for all of that by way of charging stations and even backward integration through Tata Chemicals. I think all can be played through some of these companies. We have chosen Tata Power and Tata Motors. We also like TCS. ”

“Among midcap cement companies, Birla Corp is the preferred pick. The company is focussed in the central region, which is not that impacted in terms of oversupply. We would like to go with an ICICI and SBI within the broader financials. NBFCs would take a lag and that is why the stocks could stay under pressure for some time.”

Sales of NFTs, or non-fungible tokens, soared to around $25 billion in 2021, leaving many baffled as to why so much money is being spent on items that do not physically exist and which anyone can view online for free.

The company’s existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares in the IPO, according to a draft prospectus.

Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the U.S. Federal Reserve in response to decades-high inflation.