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Top Seven Business And Stock Market News Of The Day You Can't Miss — Jan. 23

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

Zee Shares Hit 30% Lower Circuit To Sink To Lowest Level Since August 2020

The valuation is likely to decline to levels seen prior to the merger announcement, says CLSA.

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Axis Bank Q3 Results: Net Profit Up 3.7%

Net interest income, or core income, rose 9.4% year-on-year to Rs 12,532 crore.

Photo Credit: Axis Banks Facebook page

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Bharti Hexacom IPO: Only One Shareholder Stands To Benefit, And It's Not Airtel

Airtel Hexacom operates only in Rajasthan and North East circles and also provides fixed line and broadband services in Rajasthan.

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JSW Energy Q3 Results: Profit Up 24.4%, But Misses Estimates

The power producer's profit advanced to Rs 232.2 crore in the third quarter in comparison with Rs 186.7 crore in the year-ago period.

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United Spirits Q3 Results: Profit Rises By 63.5%

Total income from operations was up 5.3% to Rs 3,002.1 crore as against Rs 2,779 crore during the corresponding period of the previous fiscal.

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Cult.fit Cuts Over 100 Jobs In Quest For Profitability

The layoffs have impacted various divisions, including Sugar.fit and Care.fit.

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Shriram Finance Might Replace UPL In Nifty 50 March Rejig, Says Nuvama

Shriram's entry will result in inflows of $245 million and UPL's exit will lead to a $107 million outflow, according to Nuvama.

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