Sun, Jan 16, 2022 4:22 PM
Life insurers suggests govt to create separate bucket for tax rebates
A Flip by Flipitnews
Universal Music Group and TikTok said on Thursday that they had reached a new licensing agreement that will restore the label's songs and artists to the social media platform. TikTok began removing Universal's content from its app after their licensing deal expired in January and the two sides failed to reach agreement on royalty payments to artists and songwriters, protections from AI.
Open Flip
Shares of Bajaj Auto Limited advanced 2.5 percent to Rs 9,124 in mid-day trade on May 2 after the company reported robust monthly sales for April. The Pune-headquartered company reported 17 percent year-on-year rise in sales to 3,88,256 units in April. During the same period last year, the two-wheeler major sold 3,31,256 units, company data showed.
Open Flip
Federal Bank reported nearly flat net profit at Rs 906 crore for the quarter ended March 31, according to the exchange filing issued on May 2.Sequentially, the net profit fell 10 percent from Rs 1,007 crore in Q3FY24, the filing showed. Shares of Federal Bank were trading over 3 percent higher at Rs 167.7 apiece on BSE post earnings announcement. The stock rose by nearly 5% to hit 52-weak high.
Open Flip
