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Shares of South Indian Bank are expected to remain in focus after reporting an 11.94% increase in gross advances for Q3FY24, reaching Rs 86,965 crore. Total deposits grew by 6.28% YoY, while Q2 profit increased by 18%, driven by a 6.3% rise in Net Interest Income.

Swish raising funds; former Dunzo executives have quick commerce plans, including enabler ‘Kuik’.

Tata Motors sales in the domestic and international market for Q3 FY2024-25 stood at 2,35,599 vehicles, compared to 2,34,981 units during Q3 FY 2023-24.

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Given the sustained flow of companies filing draft red herring prospectus (DRHPs) with the markets regulator as a part of the IPO launch process, the domestic primary market is likely to remain a major route of equity investment for foreign investors in 2025 as well.

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Futures on benchmarks in Shanghai declined after mainland Chinese gauges tumbled in December’s final day of trading. The S&P 500 and Nasdaq 100 indexes dropped for a fourth consecutive session in a year-end pullback that shaved more than a trillion dollars from large-cap market values.

VFS Capital, a veteran microfinance company in India, has filed for a small finance bank licence for the second time after a previous rejection in 2015. The company, with a portfolio of Rs 942 crore, serves nearly half a million borrowers across 15 states.

Indian banks are preparing for higher compliance costs, tighter margins, and tougher fee competition, potentially affecting 2025 earnings. Operational costs may stay high despite technology use. Banks face regulatory changes needing more provisions and resources. Well-capitalized banks with reduced bad loans offer some stability but cyber fraud threats persist. Enhanced regulatory oversight increases management focus on compliance impacts.

Fire insurance premiums are set to rise as insurers like ICICI Lombard and Oriental Insurance reduce or withdraw discounts. This is due to increasing claims and pressure for risk-based pricing from reinsurance companies. The change is driven by recent significant claims from fires at Tata Electronics and Indian Oil Corporation facilities, leading insurers to adjust premiums to actual risks.

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According to the latest ETIG analysis of the ET 500 list, there were 20 companies that reported higher net profit in the first-half of FY25 compared with the profit for the entire previous year. The list includes companies across sectors including Vedanta, Bharti Airtel, Tata Chemicals, Zomato, Dilip Buildcon, Ashoka Buildcon, Aster DM, Jubilant Pharmova, Voltas, and Texmaco Rail among others.

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