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IDBI Bank reported a 39% jump in net profit for the second quarter of the fiscal at Rs 1836.5 crore against Rs 1323.3 crore in the year ago period, riding on steady business expansion and improvement in asset quality. Its net interest margin for the quarter improved by 54 basis points to 4.87% as compared with 4.33% in the corresponding period last year.

BPCL on Friday reported a standalone net profit of Rs 2,397 crore for the second quarter ended September 2024. This is a fall of 72% from Rs 8501 crore reported in the previous year quarter. Revenue from operations rose by marginal 1% to Rs 1.17 lakh crore in the reporting period as against Rs 1.16 lakh crore in the corresponding period of the previous year.

Delhi Environment Minister Gopal Rai on Friday announced that the Delhi government will monitor hotspots across Delhi through drones, adding that his government is working day and night to control the pollution. Delhi Environment Minister Gopal Rai visited the Wazirpur industrial area on Friday, which is one of the 13 hotspots in the city. Speaking to mediapersons, Rai said, «As we had announced a winter action plan to control winter pollution, in that winter action plan, different measures are being taken to control pollution, to control vehicle pollution, to control biomass burning. The Aam Aadmi Party government is working day and night. But as you all know in our 13 hotspots, the level of pollution is higher than the normal AQI level in Delhi. Therefore, this time we decided that we would monitor hotspots through drones and under that, today Wazirpur is one of our 13 hot spots. Here today the drone has been piloted by the panel agency.»

Farooq Abdullah on Friday said attacks like the one in Gulmarg would continue to occur until India and Pakistan found a way to be friends and that would end Jammu and Kashmir's troubles. Two soldiers and two Army porters were killed on Thursday after terrorists ambushed a force vehicle near Gulmarg in north Kashmir's Baramulla district. Another soldier and a porter were injured in the attack. «Such attacks will continue to take place in this state. You know where they come from and it will not stop until some way is found to get out of this trouble. I have been witnessing it for the last 30 years, innocent people are getting killed,» Abdullah told reporters. «We are not going to become a part of Pakistan. So, why are they doing this? To disrupt our future? To make us poorer?» he asked.

Hindustan Petroleum Corporation (HPCL) on Friday reported that its consolidated net profit fell 97.5% year-on-year (YoY) to Rs 142.67 crore as against Rs 5,826.9 crore reported in the corresponding quarter of the last fiscal year. HPCL’s revenue for the quarter rose 5.3% YoY to Rs 1,07,754.9 crore, up from Rs 1,02,288.6 crore in the corresponding quarter of the previous year.

JSW Steel Ltd on Friday reported 84% decline in its consolidated net profit at Rs 439 crore in the second quarter, compared with Rs 2,760 crore in the last year quarter. Revenue from operations in the reporting period fell 11% year-on-year to Rs 39,684 crore.

unaccounted gold in overnight raids at 78 gold jewellery manufacturing units and wholesale dealers in and around Thrissur, TOI reported. Codenamed Torre del Oro (Tower of Gold), the operation ran from 4:30 PM on Wednesday to 11 AM on Thursday, with more than 700 officials discreetly transported from various parts of the state under the pretense of a leisure trip to maintain confidentiality. GST Special Commissioner Renn Abraham revealed to TOI that the raids targeted a mix of large, medium, and small-scale units, leading to a shocking confession from the owner of one firm who disclosed a suppressed sales turnover of ₹1,200 crore.

According to TMZ, the event, held on a Friday night, saw Garner arriving first at approximately 7 PM. Just five minutes later, Lopez made her entrance, followed closely by Affleck himself. Witnesses noted that all three appeared to be in good spirits as they mingled in the upscale West L.A. neighborhood. Although there were no confirmed reports of conversation between Lopez and Affleck, it was clear that he and Garner engaged in dialogue as they walked inside together. While the presence of both women at the event undoubtedly created an interesting dynamic, the likelihood of a casual catch-up between Affleck and Lopez seemed slim, especially given the recent tensions surrounding their relationship. Lopez filed for divorce from Affleck in August, and the split has been characterized as complicated, particularly due to their joint projects and the absence of a prenuptial agreement. The divorce is currently being mediated by Laura Wasser, who also handled Affleck's earlier divorce from Garner in 2018.

Falguni Nayar, founder and chief executive of beauty and fashion retailer Nykaa, said quick commerce has impacted offline channels such as general and modern trade within the personal care category, and that the Mumbai-based company would not get into multiple categories of quick commerce “just for the sake of” ultra-fast delivery. “The industry is developing in a manner…where quick commerce is taking demand from traditional neighbourhood stores,” she said in a virtual interview with ET, ahead of launching the second edition of Nykaaland, the company’s beauty and lifestyle festival where it collaborates with brands for new launches. Nayar’s comment on the fast-growing quick-commerce channel comes at a time when various retail formats — including ecommerce — is impacted by the rapid rise of platforms like Blinkit, Zepto and Swiggy Instamart besides new entrants such as Flipkart Minutes, offering deliveries as fast as in 10 minutes.

According to a survey by the Financial Conduct Authority, around 1,363 incidents were reported in 2021, a number which increased to 1,670 in 2022 and 2,347 last year. The FCA study, which polled over 1,000 wholesale insurers, banks and brokers, found that most incidents (26%) related to bullying and harassment, followed by discrimination at 23%, although the largest group (41%) fell under the ‘other' category of the survey. This, according to the regulator, highlights how «difficult it can be to categorise issues of personal misconduct». However, the FCA noted that a rise in misconduc...

According to a survey by the Financial Conduct Authority, around 1,363 incidents were reported in 2021, a number which increased to 1,670 in 2022 and 2,347 last year. The FCA study, which polled over 1,000 wholesale insurers, banks and brokers, found that most incidents (26%) related to bullying and harassment, followed by discrimination at 23%, although the largest group (41%) fell under the ‘other' category of the survey. This, according to the regulator, highlights how «difficult it can be to categorise issues of personal misconduct». However, the FCA noted that a rise in misconduc...

Rajiv Ranjan Singh on Friday launched 21st Livestock Census, to be conducted till February next year at a cost of Rs 200 crore and said the availability of precise data will help the government frame policies for ensuring health security of animals and achieve higher growth in the sector. Singh, who is Minister of Fisheries, Animal Husbandry, and Dairying, also launched a USD 25 million 'Pandemic Fund Project' to strengthen animal health security in India for pandemic preparedness and response. Addressing an event, the minister stressed on conducting this livestock census with full honesty and sincerity. Singh asked his ministry officials to monitor this census operation regularly.

data leak at Star Health Insurance, Telegram's legal counsel said that the platform could remove specific accounts if the company provides concrete evidence that certain accounts were involved in data leaks, Reuters reported. The lawyer further said that while Telegram can take action with adequate proof, it cannot do 'policing work' by independently monitoring content. Earlier in September, Star Health had filed a lawsuit against Telegram and a hacker following a report by Reuters. The report revealed that chatbots on Telegram were being used to leak personal data and medical reports of about 3 crore Star Health policyholders.

LTIMindtree Ltd. traded 1.92 per cent down in Friday's trade at 12:16PM (IST). Around 6,655 shares changed hands on the counter. The scrip opened at Rs 5973.8 and touched an intraday high and low of Rs 5973.8 and Rs 5823.3, respectively, in the session so far. The stock of LTIMindtree Ltd. quoted a 52-week high of Rs 6575.0 and a 52-week low of Rs 4518.35.

InterGlobe Aviation Ltd. traded 3.09 per cent up at Rs 4378.85 at around 12:21PM (IST) on Friday. The stock had closed at Rs 4518.75 in the previous session. Equity benchmark Sensex traded 711.94 points lower at 79353.22 around the same time.

Varun Beverages Ltd. traded 0.73 per cent lower in Friday's session at 12:27PM (IST). The stock opened at Rs 610.05 and has touched an intraday high and low of Rs 616.95 and Rs 593.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 331.28. About 104,248 shares changed hands on the counter so far.

As part of his Rs 10,000 crore will, Ratan Tata's assets include a 2,000 square-foot beach bungalow in Alibaug, a 2-storey house on Juhu Tara Road in Mumbai, fixed deposits exceeding Rs 350 crore, and a 0.83% stake in Tata Sons, the holding company of the $165-billion Tata Group, which will be transferred to the Ratan Tata Endowment Foundation (RTEF).

Voltas Ltd. traded 1.77 per cent down in Friday's trade at 11:15AM (IST). Around 10,930 shares changed hands on the counter. The scrip opened at Rs 1800.05 and touched an intraday high and low of Rs 1802.9 and Rs 1741.15, respectively, in the session so far. The stock of Voltas Ltd. quoted a 52-week high of Rs 1946.2 and a 52-week low of Rs 810.05.

The former CEO of Abercrombie & Fitch is expected to be arraigned on federal sex trafficking and interstate prostitution charges in a New York court

Asian stocks are mostly higher aside from in Japan, where investors are awaiting the outcome of an election on Sunday

United Spirits Ltd. gained 0.8 per cent to Rs 1472.95 in Friday's session as of 10:35AM (IST) even as the equity benchmark Sensex traded 452.8 points lower at 79612.36. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1648.4 and a 52-week low of Rs 993.65 on NSE. Around 7967 shares changed hands on the counter till 10:35AM (IST).