Wed, Jan 20, 2021 3:10 PM
Govt raises Rs 10,000 crore worth authorised capital of Punjab & Sind Bank
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Rekha Jhunjhunwala, the wife of the late Rakesh Jhunjhunwala, has seen her portfolio stock that is Sun Pharma Advanced Research Company Limited plummet by over 50% from its all-time high levels in just one month. The investment value had dropped from Rs 297.66 crore when the price peaked at Rs 472.80 on April 9, 2024, to Rs 132.46 crore as per Tuesday’s closing price.
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Private sector lender Canara Bank on Wednesday reported its March 2024 quarter net profit at ₹3,757 crore, up 18% year-on-year (YoY). The figure was in line with CNBC-TV18's estimate of ₹3,753.6 crore. The same was ₹3,174.7 crore in the same quarter last year. The bank's net interest income (NII), the difference between interest earned and interest expended, grew 11% YoY to ₹9,580 crore.
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Titan Company stock, which boasts investments from the insurance giant LIC of India and renowned Indian investor Rekha Jhunjhunwala, has experienced a correction of approximately ₹497 per share in just one month. This substantial correction in the Titan share price has resulted in a loss of over ₹2300 crore in Rekha Jhunjhunwakla's net worth and a drop of over ₹772 crore in LIC's net worth.
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