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NEWS

Posted On:
13-02-2024

JM Financial on Monday posted a 46 per cent rise in net profit to Rs 278 crore

JM Financial on Monday posted a 46 per cent rise in net profit to Rs 278 crore in the December quarter on the back of robust revenue growth. In a statement, the company said both its topline at Rs 1,261 crore, which is more than 33 per cent over the same period last fiscal, and the bottomline at Rs 278 crore are the highest quarterly numbers. A large contributor to the topline was equity broking where average daily turnover jumped 50 per cent to Rs 42,644 crore. From the credit side, the loan book expanded 49 per cent year-on-year to Rs 1,759 crore.
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Posted On:
13-02-2024

Elon Musk's X will let brands run ads next to certain creators

Elon Musk-owned social media platform X (formerly Twitter) will soon allow advertisers to place ads next to a curated list of content creators with its new Creator Targeting feature. Advertisers will now be able to choose to have their ads run before videos from specific creators, and these ads will be visible in the user's home timeline and on the creator's profile.
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Posted On:
14-02-2024

SBI Card shares up 0.68% as Nifty gains

SBI Cards and Payment Services Ltd. rose 0.68 per cent to Rs 717.4 in Tuesday's trade. It hit an intraday high of Rs 721.1 and low of Rs 709.6, respectively, during the day. The stock quoted a 52-week high price of Rs 932.35 and low of Rs 699.15. As of 11:37AM (IST), the counter saw total traded volume of 15,267 shares with a traded value of Rs.1.09 crore, according to NSE.
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Posted On:
14-02-2024

Tata Investment Corporation share price Today Live Updates : Tata Investment Corporation stocks soar in positive trading

Tata Investment Corporation Share Price Today : On the last day of trading, Tata Investment Corporation opened at ₹5272.2 and closed at ₹5226.05. The stock reached a high of ₹5364.25 and a low of ₹5181. The market capitalization of the company is ₹26,678.9 crore. The 52-week high and low for the stock are ₹6100 and ₹1735 respectively. The stock had a trading volume of 5008 shares on the BSE.
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Posted On:
15-02-2024

Paytm crisis: ED questions officials of Paytm Payments Bank over alleged FEMA violations

Paytm crisis: The Enforcement Directorate (ED) reportedly quizzed officials of the fintech’s payments arm, Paytm Payments Bank, this week in connection with alleged Foreign Exchange Management Act (FEMA) violations. The company executives provided information and documents to the agency in connection with the probe. According to a report in The Economic Times, the executives have been asked to provide further details. A top government official told the financial daily that prima facie it does not look like Paytm violated FEMA norms so far.
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