Maruti Suzuki's RC Bharghava said in an interview that the company witnessed a massive 334% year-on-year (YoY) growth in its standalone net profit for the quarter that ended September FY23 (Q2FY23) on a low base. Still, the company haven't been able to produce as much as the demand was there due to higher commodity prices and chip shortage concerns. And it will continue for another two months.

Hygenco, a renewable energy semiconductor business, has received a $25.4 million investment from the Neev II fund. Neev II Fund is a private equity fund that was established in June 2021. Neev intends to invest in firms in India that provide different solutions such as sustainable energy, electric vehicles, efficient raw material consumption, water management, and circular economy initiatives.

Bharti Airtel announced an increase of 89% in its net profit of ₹2,145 crores for the quarter ending 30 September 2022. Telecomm major reported a net profit of ₹1,134 crores in the corresponding quarter of last year. On a sequential basis, Airtel reported a 33.5% rise in consolidated net profit for the quarter. Revenue from operations rose 21.9% year-on-year (YoY) to ₹34,527 crore.

Bandhan Bank's shares plummeted as much as 11.1% to Rs 235.75 in intraday trade on the BSE on Monday after the bank announced a dismal operational performance for Q2FY23. The bank's net interest margin declined to 7% from 7.6% in the previous quarter. Write-offs of aged bad loans totalling ₹3,535 Cr also had a negative impact on the NIM in the quarter under review.

✅ Benchmark indices were buoyed by the previous day's gains as bulls dominate D-Street on October 31. 📊 At 3:30 PM, the Sensex was up 786.74 points or 1.31% at 60,746.59, and the Nifty was up 225.40 points or 1.27% at 18,012.20. About 1788 shares have advanced, 1657 shares declined, and 164 shares are unchanged. 👉All the sectoral indices ended in green🟢.

Even during the bear market, the financial giants are seen to be applying for trademarks related to the crypto space. In the last week, companies Visa, PayPal, and Western Union have submitted new trademark applications regarding goods and services related to cryptocurrencies and Web 3.

Tilaknagar Industries Limited, an Indian-made foreign liquor (IMFL) manufacturer, has invested ₹1 Cr for a 19.5% stake in Pune-based Incredible Spirits Private Limited (ISPL), makers of ready-to-drink product Swigger. The equity investment for this deal will be made immediately from internal resources. Under the brand name, ISPL has created goods in the ready-to-drink (RTD) alcoholic space.

With over 20,000 cryptocurrencies in circulation, choosing the right one for you can be challenging. Thus, Mudrex Coin Sets enable you to invest in crypto indices, i.e., theme-based crypto baskets, to help you make the right choice. Simply invest in sectors that are relevant to you.

In the last three trading sessions, shares of Gland Pharma declined as much as 24% to Rs 1,681 per share on the BSE. In the second quarter of FY22, the profit after tax (PAT) was Rs 302.08 crore. The consolidated revenue from the operations of the company declined by 3%, during the September quarter of FY23 at Rs 1,044.4 cr. In Monday’s intraday trade, the stock fell as much as 10.24%.

Shares of e-commerce player Nykaa rose more than 12% to a day's high of ₹1,103.35 on Monday after investors bought the stock on dips. Nykaa shares have fallen more than 62% from their all-time high of ₹2,573.70 in November 2021, while they have corrected 38% in the last six months. The stock closed 20% higher at ₹1180.25 than its previous week's closing price of ₹983.

The most used smart contracts for the top 1000 biggest #ETH whales today are ETH, USDC, USDT, WETH, stETH, TKX, sUSD, BOBA , and STRP, LINK. The overall market was in red today. This data is given out by WhaleStats, a platform that tracks the movements of crypto whales.

In the last 24hrs, the cryptocurrencies that made significant moves to the upside are Chiliz (CHZ) 12.32%, Quant (QNT)7.64%, Algorand (ALGO)3.10%, Cosmos (ATOM)3.03%, and Elrond (EGLD) 2.81%. .The overall market on Monday was in the red with a 24-hour trading volume of $69 Billion.

The Pension Fund Regulatory & Development Authority (PFRDA) asserted that nomination rules to be followed post the death of an NPS or National Pension System subscriber. According to the circular, the Nomination can be made only by the subscriber. However, special provisions are there to protect the interest of the subscriber as per exit regulations for treating the nomination.

Titan Company shares rose 2% to a new high of Rs2,790 per share on Monday, owing to anticipation for outstanding September quarter (Q2FY23) profits. The stock has surpassed its previous high of Rs2,767.55 set on March 21, 2022. It has risen considerably in the last four months, increasing by 44% to 53% from its 52-week low of Rs1,827.15 on July 1, 2022.

Whale Alert, a crypto tracking service, reports that XRP whales have transacted 313 million XRP in a single transaction worth $148,102,802. Meanwhile, the cryptocurrency exchange Bitstamp transferred 40,614,705 XRP worth $19,293,636 to an unidentified wallet on October 29. Another $30,000,000 worth of XRP was sent from an unidentified wallet to Bitstamp.