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"While cloud solutions offer multiple advantages -- ready to scale, ease of deployment, no overhead of maintaining physical infrastructure among others -- an RE should also be aware of the new cyber security risks and challenges which cloud solutions introduce," the regulator said in its consultation paper.

"We believe the consensus will continue to upgrade its FY23 estimates, driven by strength in the E-auction premiums. We are almost 20% higher than the consensus on FY23 estimates and expect consensus to continue to catch up," Motilal Oswal said in a report.

“Companies that are in niche businesses and are a nascent sort of industry, structurally will do much better two or three years down the line. But in the interim, if the conventional consumer businesses are struggling in terms of conserving their profitability, these businesses will also be facing a question mark and will be far more vulnerable to what happens to the valuation,” says Dhananjay Sinha.

Battle Infinity’s IBAT lists on MEXC Global

Updated at : 2022-11-09 17:40:01

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Battle Infinity takes fantasy sports to the next level by allowing users to monetize their knowledge and skills, using the play-to-earn game mechanics based on NFTs that crypto technology enables.

The company reported a consolidated net profit after tax of 315.5 million Indian rupees ($3.9 million) for the September quarter, compared with a loss of 44.2 million rupees a year ago, when there were still some COVID-19 restrictions.

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Tata Motors said the demand continues to remain strong but will remain a key monitorable in wake of global uncertainties. "Improving chip supply and cooling commodity prices will aid revenue and margins recovery and hence we aim to deliver strong improvements in EBIT and free cash flows in H2 FY23," it said in an exchange filing.

TVS Motor gains 5% on signing MoU with Amazon India

Updated at : 2022-11-09 17:40:01

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In order to test solutions, the two companies will pilot TVS Motor’s electric vehicle solutions through partner base and delivery associates across India.

“Earnings growth is broadly in line with expectations and especially the growth on the banking side has been exceptionally good. In fact, they are better than estimates. Across-the-board, the asset quality in the banking sector has been very good. The IT sector is also in line with expectations and in terms of earnings growth. Some consumer companies have also done well. ”

Among Sensex stocks, Power Grid Corp, Tech Mahindra, Sun Pharma, HUL, NTPC, M&M, Bajaj Finserv and UltraTech Cement were the top losers in today’s trading session

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