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ICICI Bank. The stock has underperformed benchmark indices in the last one year. It has given muted returns, up just 0.8 percent in the last 1 year as against a 5 percent gain in Nifty Bank and a 6 percent jump in Nifty.

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Kamal Kishore Chatiwal, MD, Indraprastha Gas, says “On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.” To begin with, your volumes in Q2 have been around 8.3 MMS CMD, and your FY24 guidance was a little bit more. How are you seeing volumes picking up in the second half? Actually, the quarterly MMS CMD volume is around 8.3, as against 8.09 that we had done last year. In this quarter, there have been two major disruptions in the form of G20 as well as the floods in Delhi. So that has impacted around eight to nine days of sales. And the impact of that is around 0.12. So we are hopeful that we will end the year at 9 MMS CMD. Have volumes also picked up in the current quarter? On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.

top wealth creators in the Indian share market. It had a rock-solid balance sheet, close to zero non-performing assets (NPA), and the company doled out consistent dividends even during times of distress. Not to mention its resilience stock price performance.

Ambuja Cements Ltd reported a four-fold jump in its standalone net profit for the quarter ended September 2023. The same was helped by the good improvement in operating performance, led by lower energy costs and cost-saving measures. The reported Earnings before interest, tax, depreciation and amortization (Ebitda) during the quarter surged to ₹771.5 crore from ₹313 crore, while Ebitda margin improved by 70 basis points (bps) to 11.9% from 11.2%, YoY.

Amazon said it is giving its sellers new generative artificial intelligence advertising tools this holiday season, Shopify has to prove to investors that its AI products will spark growth when it reports results on Thursday. Wall Street is expecting it to show revenue growth of 22.38% to $1.67 billion compared to last year, according to estimates from LSEG.

Rajeev Chandrasekhar said India has rapidly digitised its economy in the last eight years. The MoS said the country has moved the needle on the digital economy from about 4.5 per cent of the total GDP to a target of 20 per cent by 2025-26 and is at 11 per cent today.

₹4,051 crore. Kotak Mahindra Bank and Kotak Mahindra General Insurance Company have entered into definitive agreements with Zurich Insurance Company Ltd, whereby Zurich will invest approximately ₹4,051 crore to acquire a 51% stake in Kotak General Insurance, the private sector lender said in a release.

Fresh from a capital injection from the billionaire Forrest family, Australian fashion designer Camilla Franks has taken a $20 million-plus payday from her eponymous resort-wear brand.

In a financial landscape where certainty is a rare commodity, Bitcoin price, which has crossed over $35,000 mark, has once again captured the attention of the market.

The solana price has climbed sharply this week, rallying over 50% in a matter of days.

Joël Lightbound addressed the Canadian Parliament with a call for a new perspective on cryptocurrencies, particularly Bitcoin.

Global Market Intelligence. Though the October PMI Manufacturing data was above its long-run average of 53.9, it was the slowest rate of expansion recorded since February. The 50-mark separates expansion from contraction.

₹3,200 crore across segments in the country. “We are looking to invest ₹3,200 crore in the next few years up to 2026. Be it electric vehicle, efficiency, smart home, microgrid, or prosumer story," he said.

Marico Ltd expects household demand to improve in the second half of FY24, provided no major global headwinds impact the commodity cycles. On Monday, Marico reported a 3% jump in domestic volumes for the September quarter. Demand for fast-moving consumer goods was broadly in line compared to the preceding quarter, the company said.

Tata Steel Ltd on Monday swung to its highest quarterly loss in two fiscal years after it booked a ₹6,358 crore impairment charge related to a decarbonization project at its Port Talbot plant in the UK. The steelmaker reported a loss of ₹6,511 crore for the three months ended 30 September from a profit of ₹1,297 crore a year earlier, the company said in a statement on Wednesday. A Bloomberg survey of analysts expected a profit of ₹569 crore.

NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology.

The «negative groupthink» sentiment on Apple (NASDAQ:AAPL) is «way overdone,» according to analysts at Wedbush in a note Wednesday.

Darewise Entertainment, a subsidiary of Animoca Brands, announced on 17 October 2023, a successful pre-sale event, accumulating US$3.5 million ahead of its Bitcoin metaverse ecosystem token launch. The funds are slated for the further development of the Bitcoin metaverse ecosystem under Darewise's initiative, with a particular focus on their upcoming «AAA» MMO game, Life Beyond. This announcement follows the revelation made on 14 September 2023, regarding the launch of a new ecosystem token on the Bitcoin blockchain, with Life Beyond as its inaugural adopter.

The Council of the European Union has ratified a directive amending the region's standing rules on tax administrative collaboration on October 17, 2023. This amendment, commonly referred to as DAC8, primarily targets the reporting and automatic information exchange regarding revenue stemming from crypto-asset transactions and advance tax rulings for high-net-worth individuals.

In response to the evolving landscape of technology-enabled crimes, Singapore's Attorney-General's Chambers (AGC) has officially established two specialized task forces this year, according to Lianhe Zaobao . Comprising approximately 20 prosecutors, these units aim to tackle challenges posed by technological advancements in criminal activities.