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2024-11-06 06:36:54| The Economic Times

Raymond Lifestyle witnessed a significant 69.72% drop in its consolidated net profit for Q2 FY'25, reaching Rs 42.18 crore. This decline is attributed to subdued demand and inflationary pressures. Despite this, the company remains optimistic about the future, citing recent positive trends in the festive and wedding season and plans for retail expansion and new product launches.

Category: News and Media

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2024-11-06 06:15:40| The Economic Times

Waaree Energies' shares soared to a record high after its impressive market debut, pushing its valuation beyond Rs 1 lakh crore. The solar panel manufacturer's IPO witnessed unprecedented demand, setting a new record in India. The company's robust financial performance, expansion plans, and favorable industry outlook are attracting investors.

Category: News and Media

2024-11-06 05:54:10| The Economic Times

Global Macro Strategist Arnab Das analyzes the potential market impacts of the upcoming US election. Das suggests that a Trump presidency would bring disruption through protectionist policies, while a Harris administration would likely follow similar policies but with a more multilateral approach. The impact on China relations and the 'China plus one' strategy are also discussed.

Category: News and Media

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