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RIL will report its results for the March-ended quarter on Friday. According to a Bloomberg poll, it is expected to post a consolidated net profit of ₹16,819.7 crore on net sales of ₹2.15 lakh crore.

​​The NCLT admitted Indian Steel last October at the behest of India Resurgence Asset Reconstruction Company, which is backed by Bain Capital and Piramal Enterprises.

New-age logistics firm’s Rs 5,235-crore issue will be the first major startup IPO since tech markets became volatile following an unprecedented bull run in 2021

Technology megacaps slumped. Google-parent Alphabet Inc , Apple Inc, Microsoft Corp, Meta Platforms, Tesla Inc and Amazon.com all fell between 4.3% and 8.3%.

RIL, Tata Power, Canara Bank, SAIL, Sundaram Finance, CSB Bank, Apollo TriCoat, Federal Bank, Grindwell Norton, IRB Infra, Brigade Enterprises and HIL are among the companies which will announce their earnings today.

The company reported a consolidated profit of Rs 25 crore, down 84% year-on-year. Consolidated revenue during the quarter improved by 13% to Rs 2,592 crore backed by higher prices and sales.

Kotak Mahindra Bank on Thursday announced a rate increase in fixed deposit interest rates across multiple tenor baskets for retail customers.

Taken together, at current prices, U.S. equities still look expensive overall, according to our analysis, both in absolute terms and relative to international markets. However, this view has moderated following recent market falls.

EBITDA for the quarter grew to $470 million (Rs 3,590 crore) compared to $403 million a year ago. The higher margins can be attributed to the present commodity upcycle.

Revenues from operations rose 4% to Rs 5,530.51 crore as against Rs 5321.93 crore registered in the year-ago period. Total expenses in the period under consideration went up 4.5% to Rs 5165.81 crore.