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Important news, must-read stories on NDTV Profit on Friday.
Revenue of India's fourth largest IT services firm rose 0.2% over the previous three months to Rs 28,499 crore in the quarter-ended March 31, 2024.
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ATC Telecom sold its entire 2.8% holding in the ailing telecom stock in block trades at a combined value of Rs 1,828 crore, according to people with knowledge of the matter.
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It will take time for the bank to implement changes and conduct a comprehensive external audit to address the RBI's concerns.
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The company's standalone net profit rose 11% year-on-year to Rs 662.37 crore for the quarter-ended March.
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The brokerage has raised the target price of the stock to Rs 240 from Rs 170 earlier, saying the company is undervalued as compared with its global and Indian peers.
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The court ruled in favour of the lessors, granting them access to their respective aircraft.
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