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Bajaj Auto on Wednesday reported that its standalone net profit for the quarter ended September stood at of Rs 1,836 crore, which is higher by 20% compared with Rs 1,530 crore reported in the same quarter last year. Revenue from operations rose 6% year-on-year to Rs 10,777 crore in the reporting period as against Rs 10,203 crore in the corresponding period of previous year. While the profit figure was higher than the ET Now Poll estimate of Rs 1,771 crore, revenue came in slightly below. The company said revenue growth was underpinned by double-digit volume growth, with the sustained buoyancy on the domestic front cushioning the weak, albeit improving exports performance. At Rs 2,133 crore, quarterly EBITDA surpassed the Rs 2,000 crore milestone for the first time, showing growth of 21% YoY. Margin for the quarter came in at at 19.8%, up 260 bps YoY, driven by better realisation and a richer product mix, which more than covered the drag arising from investments on growing electric scooters. The domestic business registered a new peak during the second quarter, on the back of six successive quarters of double-digit YoY growth. This was supported by a broad-based performance, most notably the sustained competitive growth on 125 cc+ motorcycles and the further acceleration of three-wheeler sales that delivered its highest ever quarter. Domestic two-wheeler sales dropped 19% to 5.05 lakh units, and domestic commercial vehicle sales jumped 81% to 1.32 lakh units.

Wipro Q2 Results: Azim Premji-backed Wipro announced on Wednesday, October 18 that the IT major's board had approved the merger of five of its wholly-owned subsidiaries into ‘Wipro Ltd’. The five subsidiaries include Wipro HR Services, Wipro Overseas IT Services, Wipro Technology Product Services, Wipro Trademark Holding, and Wipro VLSI Design Services, according to a regulatory filing by the company to the stock exchanges today.

₹2,667.3 crore in the second quarter ended September 30 against a profit after tax of ₹2,649.1 crore in the year ago period. Its consolidated revenue came in at ₹22,515.9 crore, Wipro said in a regulatory filing.

₹14,007 crores under the PLI scheme for high efficiency solar PV modules (Tranche-II). By the end of last fiscal, India’s solar module manufacturing capacity stood at 38 GW and the government expects to add 48 GW of manufacturing capacity in next three years. A total integrated capacity of 8.73 MW was allocated under tranche-I of the scheme, in November-December, 2022.

Gaza hospital blast: The Israeli Defense Forces (IDF) have released a footage which allegedly is a recording of ‘Palestinian Terrorists’ discussing the ‘failed rocket launch’ that killed between 200 and 300 people. Health authorities in Hamas-ruled Gaza said the explosion killed 500 people and was caused by the latest in a wave of Israeli air strikes.

₹2,411.7 crore, helped by robust order bookings. In the same quarter last year, the IT player's revenue was at ₹2,048.6 crore. Sequentially, the company's revenue grew 3.9 per cent.

Galaxy S24 series, there are speculations that these smartphones may feature improved brightness and an LTPO AMOLED display. Let's explore what leaks suggest about the display of the upcoming Samsung Galaxy S24 series. Next year, Samsung is anticipated to introduce three new flagship smartphones: the Samsung Galaxy S24, Galaxy S24 Plus, and Galaxy S24 Ultra.

₹721 crore. Bandhan Bank's Net Interest Income has grown to ₹ 2,443 crore in Q2 FY24 from ₹ 2,193 crore in Q2 FY23.

Also Read: IRM Energy IPO: Check GMP today, subscription status, should you subscribe? IRM Energy Limited IPO GMP today, or grey market premium today, is ₹75 per share. This indicates IRM Energy shares were trading at a premium of ₹75 in the grey market on Wednesday, as per market observers. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of IRM Energy share price was indicated at ₹580 apiece, which is 14.86% higher than the IPO price of ₹505.

₹319.55 on Thursday, October 18. It has jumped about 41 per cent in the calendar year so far, strongly outperforming the equity benchmark Sensex which has gained 9 per cent in the same period. Coal India share price hit its 52-week low of ₹207.70 on March 27 this year.

₹533.7 crore for the quarter ended September 30, 2023. The company released its Consolidated Financial Results for the quarter today.

WhatsApp passkeys for iPhone users. The company has disclosed that Android support for passkeys will be introduced gradually over the upcoming weeks and months. Passkeys provide an alternative to traditional passwords by utilizing the authentication methods present on your device.

NDTV has reported citing sources as saying. The central employees and pensioners have been awaiting a dearness allowance hike since July and with this 4 percent hike, the dearness allowance will be increased from 42 percent to 46 percent.

₹3,378 crore which too has increased by 42% YoY indicating a movement towards the sale of more expensive homes. The Hyderabad residential market includes four districts namely Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy. “The Hyderabad housing market is currently undergoing a notable upswing, primarily driven by a surge in demand within the city.

faced a slowdown during the summer due to weakened global demand for its exports and the worsening situation in the property sector, as per government reports on Wednesday. Official data revealed that the world's second-largest economy grew at a 4.9 percent annual pace in July-September, surpassing analysts' expectations of approximately 4.5 percent, AP reported.

Reuters reported. Vietnam's President Vo Van Thuong invited Putin to “soon" visit the country and “Putin happily accepted the invitation," Vietnam News Agency, the state's official newswire, reported late on Tuesday. Also Read: BRI Summit: Putin advocates Russia's northern sea route; hails 'dear Friend' Xi Jinping Like China and Kyrgyzstan, Vietnam is not a member of the ICC.

Financial Times which claimed that Adani buys coal from Indonesia and its price double when it reaches India. The Congress leader further blamed Adani for the rising electricity prices in India and said that the citizens' money was going to Adani's pockets through overpricing. “People are paying more for each unit.

₹3,550 crore in Q2FY24, compared to ₹2,781 crore in the corresponding period last year. Net interest income (NII) of Bajaj Finance, on a consolidated basis, in Q2FY24 increased by 26 per cent to ₹8,845 crore from ₹7,002 crore, year-on-year (YoY), according to the company's exchange filing. Its assets under management (AUM) grew 33 per cent YoY to ₹2.9 lakh crore and interest income showed a growth of 38 per cent to ₹11,734 crore.

2023 Mercedes GLE, which is soon to be available to Indian customers. The company recently refreshed the GLC, which garnered a positive reception. Mercedes is optimistic about the GLE receiving a similarly enthusiastic response from buyers in India.

Cyber Safety: Includes infrastructure, response capacity, and legal measures. Economic Safety: Encompasses tourism attractiveness, English language proficiency, cost of living, and healthcare.

travel inconvenience cover which includes – loss of baggage, passport, flight delay or cancellation, trip delay or cancellation, and other covers associated with your overseas trip. As per Nitin Deo, Chief Technical Officer, Zuno General Insurance, this is an often-ignored type of insurance cover due to a lack of awareness.