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Piramal Enterprises reported a 52% rise in consolidated Q1 net profit to Rs 276 crore, driven by lower credit costs and a 37% surge in retail loan AUM. While standalone profit dropped, the company's retail focus and improving margins signal positive momentum ahead.
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The National Stock Exchange (NSE) on Wednesday said it will introduce a lower price cap of 20 per cent below the issue price for SME initial public offerings (IPO) during the special pre-open session which will be effective on August 4.
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News and Media
The president used new data to criticise America's central bank ahead of a decision on interest rates.
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News and Media
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