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The revenue from operations increased by 31.57 per cent to Rs 4,301.6 crore during the reported quarter. The same stood at Rs 3,269.4 crore in the year-ago period.

“Most of the banking names still have unfinished correction and even autos, IT names have unfinished correction to the downside. The best thing to do would be to hold cash and low hanging fruits would come up sometime around July to August and this correction is likely to play until that. ”

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The fund will support and incubate the early stage NFT projects from the fields of art, sports, PFPs, Asian culture, GameFi, celebrities, among others.

Media reports, citing sources, reported that Tamil Nadu is set to purchase power to the tune of 6000 MW to overcome the shortage in the months of April and May. Other than power vendors, Tangedco has also approached the Neyveli Lignite Corporation (NLC) to buy power.

S&P 500 opens flat as bond yields hit new highs

Updated at : 2022-04-19 20:20:02

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The Dow Jones Industrial Average fell 17.07 points, or 0.05%, at the open to 34,394.62.

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The company reported a consolidated bottom line of Rs 396 crore, down 30% year-on-year. Revenue meanwhile, grew marginally to Rs 4,427 crore.

SBM Bank India raises Rs 125 crore via bonds

Updated at : 2022-04-19 20:20:02

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​​ The bank raised money by issuing Basel-III compliant Tier-II bonds having maturity period of 10 years, it said in a statement. Additionally, it also raised Rs 300 crore through an automatic refinance facility of the National Bank for Agriculture and Rural Development (NABARD), it said.

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​​At the interbank foreign exchange market, the rupee opened at 76.34 against the American currency and settled at 76.51, down 22 paise from the previous close.

Gold declines Rs 317; silver went lower by Rs 476

Updated at : 2022-04-19 20:20:02

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In the international market, gold was trading marginally higher at USD 1,979 per ounce and silver was flat at USD 25.91 per ounce.

​​ The Advisory Committee for Leveraging Regulatory and Technology Solutions (ALeRTS) will now be headed by Sunil Bajpai, former Principal Advisor (Information Technology) at the Telecom Regulatory Authority of India (TRAI), an update with Sebi showed on Tuesday.

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