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KSB Ltd has reported a 7.75 per cent growth in net profit to Rs 43.1 crore for the quarter ended March 31, 2024. It had clocked a net profit of Rs 40 crore in the year-ago period, the company said in a statement on Saturday. The company follows January to December as financial year.

Karnataka Chief Minister Siddaramaiah on Saturday said the Centre has approved Rs 3,499 crore as drought relief and released only Rs 3,454 crore and urged Prime Minister Narendra Modi to give the balance amount as soon as possible. The chief minister thanked the Supreme Court for warning the Central government and providing some drought relief to the state. «According to the National Disaster Response Fund (NDRF) rules, the state was supposed to be paid Rs 18,171 crore, but the Central government has only approved Rs 3,498.98 crore. This money is not sufficient for the drought relief. Our fight for the arrears will continue,» he told reporters here.

U.S. intelligence agencies have determined that Russian President Vladimir Putin probably didn't order opposition politician Alexei Navalny killed at an Arctic prison camp in February, the Wall Street Journal reported on Saturday. Navalny, 47 when he died, was Putin's fiercest domestic critic. His allies, branded extremists by the authorities, accused Putin of having him murdered and have said they will provide proof to back their allegation.

MVA (Maha Vikas Aghadi) nominations did not have a single Muslim candidate in Maharashtra. While speaking to reporters today, Arif reiterated his support to the Congress party. He also added that he did receive an offer from AIMIM, however, he affirmed that he will remain with Congress and declined any association with AIMIM.

RBL Bank Q4 results 2024: The board of directors of RBL Bank today declared the fourth quarter results for the financial year 2023-24. The company board declared strong operating profit growth of 49 percent in year-on-year (YoY) terms, whereas its net profit and deposits grew 30 percent and 22 percent respectively. The board of directors of the private lender also declared a ₹1.50 dividend for the eligible shareholders while announcing its Q4 results today.

Fulton Bank, part of Fulton Financial Corp, would assume nearly all the bank's deposits and purchase its assets to "protect depositors." As of January 31, 2024, Republic Bank reported approximately USD 6 billion in total assets and $4 billion in deposits. The FDIC estimated that the bank's failure will cost its insurance fund about $667 million.

Tomorrow's IPL Match: Chennai Super Kings (CSK) will take on Sunrisers Hyderabad (SRH) in a South Indian derby on April 27 at the MA Chidambaram Stadium, also known as Chepauk Stadium, in Chennai. CSK, having won 4 out of 8 matches, are at number 5 on the points table at the moment. They have won 2 out of their last 5 matches.

Yes Bank Q4 Results: Indian Private lender YES Bank posted a significant increase in net profit by 123 per cent on April 27, as opposed to analysts' expectations for the fourth quarter (Q4) of FY24. The bank's net profit surged 123.2 per cent year-on-year (Y-o-Y) to ₹452 crore, compared to ₹202.4 crore in Q4FY23. This growth momentum continued from the previous quarter, with a 95.2 per cent increase sequentially (Q-o-Q). The bank saw a robust growth in non-interest income across various fee streams, with a 56.3 per cent Y-o-Y and 31.3 per cent Q-o-Q increase in Q4FY24.

Delhi HC to hear plea seeking disqualification of PM Modi from elections for six years: What's the case against him? As reported by Hindustan Times citing senior officials national capital goes to polls on a Saturday has raised "concerns". Given that May 23 (Thursday) is a gazetted holiday for Buddha Purnima and May 26 is a Sunday, officials are concerned that many people might take May 24 (Friday) off to create an extended long weekend.

Yes Bank reported a standalone net profit of Rs 452 crore for the quarter ended March 31, 2024 which jumped 123% over Rs 202.43 crore reported by the lender in the year ago period. The lender earned interest income of Rs 7,447.17 crore up from Rs 6,216.24 crore reported in the corresponding quarter of the last financial year. This was a 20% YoY jump.

artificial intelligence on critical infrastructure. The board will develop recommendations for the transportation sector, pipeline and power grid operators, internet service providers and others to «prevent and prepare for AI-related disruptions to critical services that impact national or economic security, public health, or safety.»

«IT is weak. Banking, you are seeing a bit muted, not so much because of growth or asset quality, but because margins are under some level of pressure,» says Ashi Anand, Founder & CEO, IME Capital. The kind of earnings that we have seen here, globally also there is so much of focus on earnings right now, but then what should one expect? There was one view, one part of the argument was that a heavy earnings or the earnings which could put up a decimal picture like Reliance or maybe IT, those earnings have already gone by now. Look what it looks like now. Can we say the numbers which are yet to report now, the companies which are yet to report numbers now, the growth could moderate here, understanding that the major benefit of the commodity prices environment is largely captured?

Gurucharan Singh, renowned for his portrayal of Sodhi in the hit series 'Taarak Mehta Ka Ooltah Chashmah,' has gone missing. DCP South-west Rohit Meena revealed that the actor's family has lodged a complaint in this regard. According to the complaint, the actor left for Mumbai on April 22 at 8:30 pm. He has been missing since then.

Stainless steel products maker Sai Swami Metals & Alloys Ltd will hit the capital market on April 30 to raise around Rs 15 crore from public investors. The initial public offering of the company will open for subscription on the SME platform of BSE on Tuesday and will close on May 3, the company said in a statement on Saturday. The Ahmedabad-based company, which manufactures stainless steel cookware and appliances under brand DOLPHIN, has fixed the price at Rs 60 per equity share.

Trinamool Congress has lodged a complaint with the Chief Electoral Officer (CEO) of West Bengal stating that the CBI had «deliberately carried out an unscrupulous» raid at an «empty location» at Sandeshkhali during the second phase of polling in the state. The TMC said that while elections were going on at Darjeeling, Raiganj and Balurghat Lok Sabha constituencies on Friday, the central agency carried out an «unscrupulous» raid at an empty location at Sandeshkhali. The CBI on Friday seized arms and ammunition, including a police service revolver and foreign-made firearms, during searches at two premises of an associate of now-suspended TMC leader Shajahan Sheikh in West Bengal's Sandeshkhali. The searches were conducted in connection with the January attack on an Enforcement Directorate (ED) team by a mob that was allegedly instigated by Sheikh, who was arrested by the West Bengal Police on February 29 in the case.

Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at Rs 101.43 crore in the preceding year. According to a regulatory filing on Friday, the company's total income fell to Rs 279.12 crore last fiscal from Rs 659.56 crore in 2022-23.

food prices to come down after rains, as the India Metrological Department (IMD) has predicted above-normal monsoon, the Ministry of Finance said in its recent monthly economic review. The report said that above normal rainfall will lead to higher production of crops. «Further easing of food prices is on the anvil as IMD has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall,» the March 2024, monthly economic review of the finance ministry said.

forest fire has been sweeping through the dense foliage in the mountains surrounding Nainital over the last 36 hours, an official said, adding that the Indian Air Force (IAF) has deployed its personnel and MI-17 choppers in a dousing operation in the area. According to officials, the IAF choppers are lifting water from the nearby Bhimtal Lake in Nainital and spraying it in the area to contain and eventually put out the raging forest fire. Rahul Anand, the executive officer of Nainital Nagar Palika, informed after an aerial inspection that MI-17 choppers are jet-spraying on the affected areas amid the raging forest fire.

Char Dham Yatra 2024: Online registration now open! Here's how to apply Yesterday, forest fires became more severe with the flames reaching the High Court Colony in Nainital. According to the daily bulletin issued by the Forest Department here, 26 incidents of forest fire occurred in the state's Kumaon region in the last 24 hours, while five incidents occurred in Garhwal region, where 33.34 hectares of forest area was affected.

Tomorrow's IPL Match: Gujarat Titans (GT) will lock horns with Royal Challengers Bengaluru (RCB) on April 27 at the Narendra Modi Stadium in Ahmedabad. GT, having won 4 out of 9 matches, are at number 7 on the points table at the moment. They have won 2 out of their last 5 matches.

IREDA share price: Shares of Indian Renewable Energy Development Agency (IREDA) Ltd will be in focus on Monday when the Indian stock market reopens after the weekend close. The reason for this PSU stock to remain on focus is the latest 'Navratna status' being accorded to the state-owned company by the Government of India (GoI). The PSU company informed on Friday after the market close that the Department of Public Enterprises (DPE) has accorded 'Navratna status' to the company vide a letter dated 26th April 2024.