RBL Bank rallies 4% even after Q3 profit misses estimates, Morgan keeps #39;underweight#39; tag on January 20, 2024 at 4:05 am

RBL Bank’s October-December standalone net profit grew 12 percent YoY to Rs 233 crore. But, excluding the contingent provision on AIF investment of Rs 115 crore, net profit swelled 53 percent YoY to Rs 319 crore.

CESC decline 3% as Q3 net profit falls on January 20, 2024 at 4:13 am

CESC#39;s total income for the December quarter rose to Rs 3,301 crore from Rs 3,224 crore in the year-ago quarter

HUL Q3 disappoints Street, brokerages slash target prices amid uncertain outlook on January 20, 2024 at 4:37 am

The FMCG major’s low volumes and uncertain recovery are the reasons that brokerages have reduced the target price

Nifty, Sensex get bank, energy boost; analysts say buy on dips on January 20, 2024 at 4:55 am

The recent correction in the market has not changed the underlying uptrend in the market VK Vijayakumar of Geojit Financial Services said

Polycab stock falls after tax raid, Jefferies keeps #39;buy#39; call but cuts target price on January 20, 2024 at 5:06 am

Brokerage firm Jefferies maintained its #39;buy#39; call on the company while slashing the target price from Rs 7,000 to Rs 5,870 as the company missed margin estimates due to low exports and higher advertisement spending in the quarter.

A $21 billion Indian banks stock rout signals heyday may be over on January 20, 2024 at 6:08 am

A gauge of the country’s top 12 largest banks recorded its worst week since January, erasing over $21 billion in market value. Two thirds of that bruising loss came from HDFC Bank, whose quarterly numbers showed falling net interest margins and weaker deposit growth.

Budget 2024: Fiscal consolidation — 4.5% can#39;t be the new 3% on January 20, 2024 at 2:40 am

Ahead of the presentation of the 2024-25 interim Budget, Moneycontrol takes a quick look at the state of the Indian economy. Here, we examine the government#39;s finances and whether it can meet its annual fiscal deficit targets.

Jagrut Kotecha to lead PepsiCo in India, Ahmed El Sheikh moved to Middle East Business on January 20, 2024 at 3:31 am

Kotecha, who is the Chief Commercial Officer for PepsiCo in Africa, Middle East, and South Asia (AMESA) will assume the role of CEO for PepsiCo India in Sheikh#39;s place, the company said in a statement.

Jagrut Kotecha to lead PepsiCo in India, Ahmed El Sheikh moved to Middle East Business on January 20, 2024 at 3:31 am

Kotecha, who is the Chief Commercial Officer for PepsiCo in Africa, Middle East, and South Asia (AMESA) will assume the role of CEO for PepsiCo India in Sheikh#39;s place, the company said in a statement.

National Quantum Mission to call for proposals to set up four tech hubs on January 20, 2024 at 3:40 am

The decision was taken at the first meeting of the Mission Governing Board (MGB) here on Tuesday. It was chaired by HCL Infosystems co-founder Ajai Chowdhry.