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Revenue in the quarter rose by a moderate 7.4% on year to Rs 9,075.35 crore

The brokerage also believes that the Rs 3 billion+ ad income of Nykaa also means BPC product margins are just about profitable now and that its profitability seems overly reliant on ad income.

The rupee could trade in the range of 82.50-83.20. "Exporters may sell dollars at 83 levels keeping a close watch on RBI while importers may continue to buy all dips they get," Bhansali said.

As a part of the association, Liminal users can connect their wallets to Metamask Institutional and use it just like they would use the de facto Ethereum wallet app.Metamask is a product of ConsenSys, a leading Ethereum and decentralized protocols software company. It enables us to build next-generation applications, launch modern financial infrastructure, and access the decentralised web.

“India has high tax which is probably going to kill the industry,” Zhao said in livestreamed remarks during panel at a fintech conference in Singapore on Thursday.

The plan to issue green bonds was first discussed by Finance Minister Nirmala Sitharaman in the 2022/23 budget as a part of overall market borrowing with the intention to use the funds to build green infrastructure.The government intends to issue 160 billion rupees ($1.93 billion) of green bonds between October and March.

Among Sensex stocks, Tech Mahindra, Power Grid Corp, NTPC, Infosys, Wipro, HDFC and TCS were the top losers in today’s trading session

The company is in talks with at least four foreign banks -- JPMorgan Chase & Co., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley -- as well as Indian banks including Kotak Mahindra Bank. Ltd. and Axis Bank Ltd. as it seeks arrangers for the listing, said one of the people, who asked not to be named discussing confidential conversations. The unit may be valued at $3.5 billion to $4 billion, the person said.

Domestic revenues of the bank during the second quarter stood at Rs 4,794.76 crore while international revenues stood at Rs 170.08 crore.The capital adequacy ratio of the bank at the end of the second quarter stood at 14.02 per cent, registering a marginal decline from 14.31 per cent in the corresponding previous period.

The OFS will see the sale of shares to the tune of Rs 166.74 crore by SCI Investments V, Rs 719.41 crore by Matrix Partners India Investment Holdings II LLC, Rs 12.08 crore by Matrix Partners India Investments II Extension LLC, Rs 361.44 crore by Norwest Venture Partners X- Mauritius and Rs 700.31 crore by TPG Asia VII SF Pte Ltd.