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Top Seven Business And Stock Market News Of The Day You Can't Miss — Jan. 16

Important news, must-read stories on NDTV Profit on Tuesday.

HDFC Bank Q3 Results: Net Profit Rises 2.5%

Net profit stood at Rs 16,373 crore in the October–December period, as compared with Rs 15,976 crore in the previous quarter.

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GQG Partners Raise Stake In ITC, Holding Value Crosses Rs 16,500 Crore

The U.S.-based company's current holding stands at 34.79 crore shares, or 2.79% equity in the company.

Photo Credit: Company website

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RBI Draft Norms: Mortgage Lenders To Diversify Borrowings

The HFCs will need to tap other avenues for funding, such as non-convertible debentures and external commercial borrowings.

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Syngene International Downgraded To 'Sell' By UBS On Revenue Growth Headwind

UBS expects weak demand for the discovery and dedicated segments, which may put pressure on Syngene's near-term revenue growth.

Photo Credit: Syngene International/Facebook

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Siti Networks Vs Aditya Birla Finance: Top Court Affirms Arbitration In Loan Dispute

The top court has upheld the Delhi High Court's decision to make Zee Enterprises a party to the proceedings.

Photo Credit: Varun Gakhar/NDTV Profit

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India-Oman To Start New Round Of FTA Talks, WTO Ministerial Meet Preparations Begin

Oman serves as India's third-largest export destination within the Gulf Cooperation Council countries, after the UAE and Saudi Arabia.

Photo Credit: Unsplash

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Federal Bank Q3 Results: Profit Up 25% On Higher Other Income

The gross non-performing asset ratio stayed flat at 2.29%, as compared with 2.26% in the previous quarter.

Photo Credit: The Federal Bank/Facebook

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