After NRAI complaint, investigation revealed that the companies engaged in anti-competitive practices favoring select restaurant partners.
Gross NPA stood at 2.13%, down from 2.21% in the June quarter, while Net NPA dropped to 0.5%, compared to 0.57% in the previous quarter.
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
The new federal funds rate range is now 4.5% to 4.75%, following a larger 0.5-point cut in September.
Indian Hotels Company Ltd. (IHCL) has entered a 25-year management contract to oversee operations at The Claridges, New Delhi.
The Indian market is also highly price-sensitive, and airlines compete to keep fares low, even at a loss, to continue expanding.
At the opening bell, the BSE Sensex was up by 112 points (0.14%) at 80,490, while the Nifty 50 was slightly down, falling by 50 points (0.2%) to 24,434.
Jindal Steel and Power Ltd (JSPL) on Wednesday reported 38 per cent fall in consolidated net profit at Rs 860 crore for September quarter, on account of lower revenue.
NSE Nifty50 gaining over 1 percent, extending their positive streak for the second consecutive session following Donald Trump’s projected victory in the US presidential election.
Bitcoin surged above $75,000 on election night as U.S. vote results influenced market sentiment, with digital assets responding to early leads and volatility expected.
Subscribe to receive the day's headlines from NewsX straight in your inbox
