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Important news, must read stories on NDTV Profit on Thursday.
Net profit of the Royal Enfield-maker rose 20% year-on-year to Rs 1,101.46 crore in the three months ended June.
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Despite 'hawkish' tone on inflation, economists expect a change of stance in October, followed by the first rate cut in December.
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The outstanding dues include a ledger balance of Rs 300 crore and unpaid warranty expenses worth Rs 100 crore.
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A press release from IIHL on Aug. 2 states that the company has deposited the required Rs 2,750 crore into its bank account as part of its equity contribution.
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Healthtech service providers are still finding it difficult to penetrate the rural belt.
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MPC had raised the benchmark repo rate by 250 basis points in the last cycle before opting for a pause in April last year.
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RBI Governor Das added that such practices of doling out top-up loans lead to funds being deployed for speculative purposes.
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