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The world’s most valuable company added $190.9 billion in market value, the most ever by a US-listed company, as softer-than-expected inflation data buoyed equity markets across the board. The jump eclipsed Amazon.com Inc.’s $190.8 billion gain in February, according to data compiled by Bloomberg.

Small saving deposits at Rs 9.9 lakh crore in Feb’22 are only a small fraction of total SCB deposits which stand at Rs 170.2 lakh crore. But the ratio of small savings deposits to commercial bank deposits have risen to 5.8 percent from 4.4 percent over the past five years, shows a research by Bank of Baroda.

New guidelines expected in next 7-10 days; Co looks to raise $300 mn. Rules help tech cos withhold sensitive data from rivals, investors. Disney, Temasek likely to get partial to full exit.

The strong earnings in the automotive segment will help offset the fall in sales in the tractor segment in the seasonally weak quarter

The net AUM in October of the mutual fund industry stood at Rs 39,50,323.28 crore in October while the AAUM stood at Rs 39,53,208.95 crore

The board of the company unanimously considered and approved the bonus share issue and as part of it 5,78,18,115 equity shares will be issued

In the year-ago period, the company had posted a net loss of Rs 12.40 crore

Shares jump 13.5% to $97.81, touching its highest level since the start of the month

"Despite tough operating environment and significant material inflation, the company managed to drive broad volume driven revenue growths across business channels of retail/franchise/distribution/e-comm," said Bata India in its earnings statement.

"Foreign portfolio investors with earmarked allocation for ESG could invest in those sovereign green bonds," said B Prasanna, head of global markets at ICICI Bank. "Any bespoke incentive or a regulatory mandate will help lure local institutional investors."