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2024-11-07 15:08:44| The Economic Times

Tata-backed IHCL reported a 226% YoY profit surge to Rs 583 crore for Q2, with revenues up 27.4% to Rs 1826 crore. The company will manage The Claridges, New Delhi from April 2025. H1 revenues grew 16.4%, profit up 103%.

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2024-11-07 14:34:46| The Economic Times

Lupin exceeded profit expectations in the second quarter, reporting a 74% surge in profits, reaching 8.53 billion. This growth was fueled by robust demand for their respiratory and diabetes medications. Overall revenue also saw an 11.3% increase, reaching 54.97 billion.

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2024-11-07 14:08:44| The Economic Times

To address concerns about the "skin in the game" rule for designated employees of mutual funds, Sebi on Thursday proposed reducing the mandatory investment percentage, applying it based on salary brackets, and excluding non-cash components like ESOPs from the minimum investment calculation. The proposals aimed at easing compliance, particularly for employees with lower CTCs and those in operational roles.

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15.11 Friday Watch 15.11 Bitcoin hacker sentenced to five years in prison 15.11 Minority investors show less dissent as cos hear them out 15.11 Royalty payments by some listed companies exceed 20% of profits 15.11 Zomato, Jio Financial could join Nifty, says JM Financial 15.11 RIL shares at an attractive entry point, says CLSA 15.11 Fighting conspiracy theories with comedy? Thats what the Onion hopes after its purchase of Infowars. 15.11 October logs lowest demat account additions in FY25 More »