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Reliance Power share price saw a significant rise of 8.64% following the announcement of a net profit of Rs 41.95 crore for the December quarter, marking a recovery from a large loss last year. Despite a decline in revenue, reduced expenses and an exceptional gain from a previous quarter contributed to the turnaround.
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Higher household disposable incomes would drive consumption, increase household savings pools in some cases and some may choose to reduce debt.
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Fidelity Brokerage Services will be allowed to use the ground floor of the former Barnes & Noble store downtown for its new location, but the Naperville City Council wants safeguards to prevent other banks and financial institutions from doing the same in the future.
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