China’s bond traders, who had been anticipating a key legislative meeting this week for fresh stimulus measures, seemed underwhelmed by the result. The benchmark 10-year yield slid to lowest in more than a month before paring declines after authorities announced a 10 trillion yuan ($1.4 trillion) program to refinance local government debt.
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Consumer durables maker Whirlpool of India Ltd on Friday (November 8) reported a 25.4% year-on-year (YoY) decline in net profit at ₹287 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, Whirlpool of India posted a net profit of ₹384.7 crore, the company said in a regulatory filing.
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Snacks maker Haldiram Bhujiwala on Thursday said it has raised Rs 235 crore from Pantomath's Bharat Value Fund (BVF) in lieu of a minority stake through private placement. In a statement, the company that retails its products under the brand 'Prabhuji' said it will use the funds to expand its manufacturing and markets outside of eastern and northeastern markets.
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