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Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with gross NPAs falling to 3.01%. While net interest income grew modestly, other income surged 28%. Advances and deposits saw double-digit year-on-year growth.
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News and Media
Zerodha faces a drop in demat market share despite rising AUM, prompting CEO Nithin Kamath to seek insights on evolving growth strategies beyond traditional customer acquisition methods.
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News and Media
Sky Gold and Diamonds posted a 2x jump in Q1 FY26 net profit to 43.6 crore, driven by robust exports, lightweight jewellery demand, and major B2B client additions. Revenue rose 56.5% YoY to 1,131 crore, supporting its ambitious expansion plans.
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N Chandrasekaran earned 155.81 crore in FY25, up 15% YoY, cementing his spot as India's highest-paid executive. Despite a 24.3% profit drop at Tata Sons, his compensation included 140.7 crore in commission and 15.1 crore in salary and benefits.
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News and Media
NSE has revised lot sizes for derivative contracts on Bank Nifty (from 30 to 35) and Nifty Midcap Select (from 120 to 140), effective July 2025 expiry. Changes follow SEBIs review guidelines to align notional contract values with market levels.
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News and Media
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