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India’s financial watchdog has penalized former Axis Mutual Fund chief dealer Viresh Joshi with a hefty thirty million rupee fine for leaking sensitive trading data. Joshi allegedly collaborated with others to execute a coordinated front-running scheme from 2021 to 2022, utilizing mule accounts and WhatsApp to make illicit profits from fund transactions. As a consequence,…
Indian equities fell for a fifth straight session as Brent crude stayed above $100, FII selling and global concerns weighed on sentiment. Analysts warned of persistent volatility, rising inflation risks and a deeper correction if Nifty slips below the 23,600 support.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
FMCG major Tata Consumer Products on Friday reported a consolidated net profit of Rs 427 crore for the April-June quarter of FY27, marking a nearly 28% year-on-year (YoY) rise from the Rs 334 crore net profit reported in the same period last year.
SBI Life Insurance reported a 22% YoY rise in June-quarter profit to Rs 720 crore, driven by robust growth in new business and renewal premiums. Gross written premium rose 20%, while value of new business climbed 29%. The insurer also reported higher embedded value, improved persistency and steady growth in assets under management.
Sterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre solutions. The company achieved a net debt-free balance sheet, secured a record order book and strengthened its AI-ready infrastructure portfolio.