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PB Fintech, which oversees the operations of Policybazaar and Paisabazaar, has witnessed a remarkable 165 percent year-on-year growth in net profits, now amounting to Rs 135 crore for the quarter ending in September. This substantial rise was largely driven by strong performances in its insurance division and improved operational practices.
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Steel Authority of India Limited shares dropped on Thursday. The company reported a significant profit decline for the July-September quarter. Total income and sales turnover saw an increase. Earnings before interest, tax, depreciation, and amortization also decreased. Morgan Stanley maintained an 'Equalweight' rating with a target price. The quarter included an exceptional loss.
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Indian investors are increasingly drawn to Dubai's real estate market for wealth creation, leveraging the Liberalised Remittance Scheme to build portfolios. Dubai offers a balanced and lucrative international market with steady rental yields from affordable housing and strong capital appreciation from luxury properties, fueled by a zero-tax regime and global migration.
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