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Important news, must-read stories on NDTV Profit on Tuesday.
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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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
The HFCs will need to tap other avenues for funding, such as non-convertible debentures and external commercial borrowings.
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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
The top court has upheld the Delhi High Court's decision to make Zee Enterprises a party to the proceedings.
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Oman serves as India's third-largest export destination within the Gulf Cooperation Council countries, after the UAE and Saudi Arabia.
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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