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During the September quarter, Sun TV Networks reported a 13.37% decrease in profits after tax, totaling Rs 354.69 crore. Significant reductions were observed in revenue from operations; however, the company’s total income benefited from diversification through other sources and cricket franchise profits.
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Early Bihar election trends point to a strong NDA win, easing political uncertainty and reinforcing expectations of continuity in policy and execution. MarketSmith India says markets may see brief volatility before refocusing on earnings, reforms, capex momentum and sector-specific drivers.
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Muthoot Finance saw an 88% profit surge in the second quarter. Strong loan demand and rising gold prices fueled this record performance. The company has now raised its FY26 gold loan growth forecast to 30-35%. Its loan book expanded significantly. Asset quality also improved. Muthoot Finance plans to raise additional funds.
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Muthoot Finance posted an 88% jump in Q2 profit to Rs 2,345 crore, driven by strong gold loan demand, a 42% loan book expansion, improved asset quality, and upgraded FY26 growth guidance to 30–35%.
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Kotak Bank stock split: Kotak Mahindra Bank, India’s third largest private lender by market value, said its board will consider a proposal to split its shares on November 21.
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