A high-level committee has asked the Ghaziabad Development Authority to approve a project report for Wave City, which will provide homes for 3,000 buyers. The developer owes Rs 401 crore in land conversion charges, and the GDA has rejected multiple reports since 2021. The committee wants Wave Group to mortgage their property worth Rs 400 crore to cover the dues before approving the report.

In Q3, Zee Entertainment's share price fell 4% after reporting lower revenue and a reduction in profits. The company is implementing cost-cutting measures and focusing on growth to recover from the collapsed merger with Sony Pictures Entertainment. Analysts expect near-term margin pressure but believe a potential new buyer could lead to a stock re-rating.

Reported Consolidated quarterly numbers for Adani Total Gas are: Net Sales at Rs 1,156.14 crore in December 2023 up 4.58% from Rs. 1,105.56 crore in December 2022. Quarterly Net Profit at Rs. 176.64 crore in December 2023 up 17.61% from Rs. 150.19 crore in December 2022. EBITDA stands at Rs. 300.45 crore in December 2023 up 26.17% from Rs. 238.13 crore in December 2022.

Indian indices opened lower due to global market signals and higher inflation in the US, causing a 1.5 percent drop in the S&P 500. The volatility index also increased. Nifty is expected to show weakness below 21,700 levels with support at 21,450 and 21,500 zones. Experts believe that the market may have reached its peak and advise traders to prepare for retracements.

Mutual fund investments are increasing in smaller states and Union Territories, while the top 10 states continue to contribute the majority of mutual fund assets. The strong economy and growing financial literacy have driven retail investors to invest in equities through SIPs. The top five states saw around 27-30% growth in mutual fund assets.

Reported Standalone quarterly numbers for HS India are: Net Sales at Rs 6.79 crore in December 2023 up 8.05% from Rs. 6.29 crore in December 2022. Quarterly Net Profit at Rs. 0.65 crore in December 2023 up 74.97% from Rs. 0.37 crore in December 2022. EBITDA stands at Rs. 1.45 crore in December 2023 up 21.85% from Rs. 1.19 crore in December 2022.

Reported Standalone quarterly numbers for Lakeland Hotels are: Net Sales at Rs 0.46 crore in December 2023 up 4.31% from Rs. 0.44 crore in December 2022. Quarterly Net Loss at Rs. 0.58 crore in December 2023 down 44.44% from Rs. 0.40 crore in December 2022. EBITDA stands negative at Rs. 0.39 crore in December 2023 down 254.55% from Rs. 0.11 crore in December 2022.

Fixed deposits are a popular option for individuals looking for liquidity and a steady source of income. Bankbazaar has compiled data on the top 10 banks with the highest interest rates on three-year fixed deposits, based on their term deposit holdings. As of February 2024, Bank of Baroda offers an interest rate of 7.25%, which would result in a growth of Rs 1.24 lakh for every Rs 1 lakh invested.

Mindspace Business Parks REIT reported an increase in quarterly numbers for December 2023, with net sales at Rs. 357.50 crore, a 9.8% growth from the same period in 2022. Net profit also increased by 0.34%, with EPS rising to Rs. 4.93. Over the last 6 months, Mindspace REIT shares have shown a 9.41% return.

SAKUMA EXPORTS LTD. reported its standalone quarterly results for December 2023, with a net sales of Rs. 769.74 crore, up 0.52% from the previous year. Net profit decreased to Rs. 6.20 crore, down 8.12%, and EBITDA also saw a decline. The company's shares have seen significant returns over the past 6 months and 12 months.

Indian rice exporter KRBL reported a 35% decrease in Q3 profit due to low demand for its basmati rice brand in international markets. This led to a decline in shares by 6.4%. The company's revenue from operations also fell by 6.4%, with a significant drop in export revenue. Revenue from its agricultural segment, including the India Gate brand, saw a 7% decline.

Reported Standalone quarterly numbers for Antony Waste Handling Cell are: Net Sales at Rs 12.59 crore in December 2023 down 9.87% from Rs. 13.97 crore in December 2022. Quarterly Net Profit at Rs. 1.29 crore in December 2023 up 11.97% from Rs. 1.15 crore in December 2022. EBITDA stands at Rs. 2.61 crore in December 2023 down 11.82% from Rs. 2.96 crore in December 2022.

Reported Standalone quarterly numbers for Tara Chand InfraLogistic Solutions are: Net Sales at Rs 44.36 crore in December 2023 up 20.32% from Rs. 36.87 crore in December 2022. Quarterly Net Profit at Rs. 3.35 crore in December 2023 up 10.46% from Rs. 3.03 crore in December 2022. EBITDA stands at Rs. 14.53 crore in December 2023 up 26.13% from Rs. 11.52 crore in December 2022.

LIC reaped windfall gains in the December quarter, selling a record $4.7 billion worth of shares of listed domestic companies as the shares reached all-time highs during the market bull run. According to a Mint study based on regulatory filings, the state-run insurer sold part of its investments in at least 100 top listed companies, which adds up to ₹39,163 crore.

Tide Water Oil reported strong standalone quarterly numbers, with net sales rising by 3.09% and net profit increasing by 19.59% in December 2023 compared to the same period in 2022. EBITDA also showed a significant growth of 16.35%. The company's EPS has increased from Rs. 12.92 to Rs. 15.45, and its shares have given returns of 36.16% in the last 6 months.