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The UK government is increasing spending on defence, but companies who supply military kit have yet to see any new contracts.
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Ixigo shares: Ixigo recorded a 73% year-on-year rise in revenue from operations, reaching 314.5 crore in the June quarter. Net profit grew by 27% YoY to 19 crore, while gross transaction value (GTV) rose 55% to 4,644.7 crore, driven by strong performance in the flight and bus segments (up 81%) and a 30% increase in train GTV.
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Nuvoco Vistas shares: The East India-based cement company reported a significant jump in consolidated net profit for the AprilJune quarter, rising to 133.16 crore from 2.84 crore a year ago. Operating revenue increased by nearly 9% to 2,872.70 crore.
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