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Page Industries Limited has announced a rise in net profit. The apparel manufacturer's profit increased by 21.52 percent for the June quarter. The company's net profit is now Rupees 200.79 crore. Revenue from operations also saw a boost. It increased 3 percent to Rupees 1,316.56 crore. The company's board has declared an interim dividend.
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News and Media
Anil Ambani's group companies faced a stock plunge. This followed an investigation into a significant bank loan fraud case of seventeen thousand crore rupees. The Enforcement Directorate questioned Anil Ambani. The probe focuses on loans to Reliance Home Finance, Reliance Commercial Finance and Reliance Communications. These loans turned into non-performing assets. Several banks are involved as lenders.
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News and Media
Raymond James Investment's Matt Orton advises investors to capitalize on market dips, focusing on AI, capex, and reshoring for long-term growth. Despite concerns about a potential economic slowdown and Trump's tariff stance with India, Orton believes a deal with India is still possible due to its strategic importance.
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News and Media
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