The Godrej family has agreed not to compete among themselves for six years except in the real estate business, following a split in the 127-year-old locks-to-land development group. After the non-compete period, they are free to venture into each other’s domain but not under the Godrej brand. Adi Godrej and his younger brother Nadir, as part of the family settlement agreement.
Open FlipMumbai-based Fino Payments Bank said that while the use of debit cards is going down, transactions through the Unified Payments Interface (UPI) surged over the past year. Rishi Gupta, Managing Director & CEO of Fino Payments Bank, provided insights into the customer profile, revenue growth projections, and the shifting trend toward UPI and other digital transafers.
Open FlipShares of Adani Ports & Special Economic Zone Ltd. will be in focus on Friday as a couple of top brokerages raised their price targets and some even retained their bullish outlook after the company reported a healthy performance in the fourth quarter of financial year 2024. Global brokerage firm Citi has raised its target price on the stock from ₹1,758 per share to around ₹1,782 apiece.
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