Tag: elevação
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Solid Performance: Bank Profit Increases and Default Decreases
The bank reported a 27% year-on-year growth in its net profit to reach Rs 2,581 crore compared to Rs 2,032 crore in the previous year, mainly driven by strong progress in the…
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The Power of Starting Early: A Guide to Financial Success
Many of us have heard the famous phrase “The best time to invest is now”, but do we understand the true meaning behind these words? Many investors are paralyzed, waiting for the right…
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ICICI Bank Expects Another Solid Quarter with Loan Growth and Healthy Margins
ICICI Bank, India’s second-largest private lender and Dalal Street darling, is poised to announce strong second-quarter financial results, driven by robust loan growth, margin expansion and a reduction in the cost of…
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DLF Records Solid Profit and Continuous Growth in the Residential Segment
DLF announced a net profit of Rs 487 crore in the second quarter of FY23, representing a notable increase of 28% over the previous year. The positive result is attributed to persistent demand…
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Foreign Investor Trades CSB Bank Shares at a Discount
Foreign institutional investor Nomura Singapore completed the sale of 26,39,673 shares, corresponding to 1.5% of the private sector bank, today, according to information from NSE. The transaction was completed at an average price…
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India Towards ‘Digital Rupee’: CBDC and Potential Challenges
In October 2021, an offer made by the RBI to the government paved the way for India to become one of the largest economies in the world through the use of CBDC…
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Financial Market Analysis: Trends and Perspectives
The main market indices ended Tuesday’s session with weak performance. The Nifty recorded a fall of 74 points to close at 17,656 points. However, broader markets defied this trend, posting gains. It is worth mentioning…
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Hitachi Strengthens Position in Hitachi Energy: Commitment to Sustainable Energy Future
Hitachi Energy Ltd (“Hitachi Energy”) has announced that Hitachi, Ltd. (TSE: 6501, “Hitachi”) has formalized a share transfer agreement, acquiring the remaining 19.9% of shares in ABB Ltd (SIX: ABBBN , “ABB”),…
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Devaluation of Gold and Silver due to Global Trends and Appreciation of the Rupee
On Thursday, the price of gold experienced a fall of 101 rupees to reach 51,024 rupees per 10 grams. This was against a backdrop of unfavorable global trends and appreciation of the rupee,…