Private sector lender YES Bank’s net profit rose sequentially to Rs 129 crore in the second quarter ended September 30 this year from Rs 45 crore in the first quarter ended June 30. The bank had posted a loss of Rs 600 crore in Q2 of the previous financial year.

Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter. On year-on-year (YoY) basis, NII was down by 9.7 per cent from the base of Rs 2,186 crore in the second quarter of the previous year.

Engineering conglomerate Larsen & Toubro (L&T) on Friday said it would consider a special dividend at its upcoming board meeting. L&T last doled out a special dividend in March 2008.

The company did not disclose further details or the rationale for the move, however, the announcement comes post completion of the sale of its electrical and automation business to Schneider Electric in August.

Various schemes are being run to make the country self-reliant and on the path of development. But the country's development is impossible without the farmers who play the main role in the growth and development of agriculture. That is why the Central and State Governments are starting many welfare projects for doubling their state farmers' income and for the development of the state. Under this, PM Modi will inaugurate three significant projects in Gujarat through video conferencing on 24 October. In which the farmer is concerned with health and tourism.

In a shocking incident, the half-burnt body of a minor girl was found in the house of the accused at Punjab’s Jalalpur village in Tanda in the Hoshiarpur district on Thursday evening, the police said.

The accused allegedly killed the child and then burnt her body after which the half-burnt body was found from their house. The accused and his grandfather were taken into police custody on Thursday. The National Commission for Protection of Child Rights has taken suo-moto cognizance of the crime and sought a report from the state within three days.

Legendary Indian cricket team captain Kapil Dev, who was admitted to hospital after suffering a heart attack, took to social media to tell fans he is 'on the road to recovery'.

He wrote, Thank you everyone for all the love and concern. I am overwhelmed with good wishes and well on the road to recovery.

Aditya Birla Fashion and Retail on Friday approved to raise Rs 1,500 crore by way of preferential issue to Flipkart Investments Private Limited, a foreign portfolio investor, the company said in an exchange filing. With this infusion, Flipkart Group will own 7.8% equity stake in ABFRL on a fully diluted basis.

According to the deal terms, AB Fashion and Retail will issue 7,31,70,732 fully paid-up equity shares, at a price of Rs 205 per share (face value of Rs 10 each) aggregating to Rs 1,500 crore, ranking pari passu to the existing fully paid-up equity shares.

Shares of Tata Elxsi moved higher to its fresh record high of Rs 1,710, up 6 per cent on the BSE on Friday. In the past one month, the stock of the information technology (IT) software services company has rallied 42 per cent, as compared to 8 per cent rise in the S&P BSE Sensex. In the past three months, it has zoomed 88 per cent as against 7 per cent gain in the benchmark index.

Tata Elxsi, a Tata group company, is amongst the world's leading providers of design and technology services across industries including automotive, broadcast, communications, healthcare and transportation.

Describing the air in India, China and Russia as 'filthy', US President Donald Trump on Thursday (local time) denounced rival and democratic nominee Joe Biden's plans to tackle climate change.

During the final presidential debate in Nashville, Tennessee, Trump said that the action on climate change was unfair to the United States.

Kickstarting the election campaign in Bihar, Prime Minister Narendra Modi addressed his first of the three rallies planned for Friday and said that Bihar must not forget who pushed them backward.

The people who once ruled Bihar are again looking at the developing state with their greedy eyes. But, Bihar must not forget who pushed them backward, that was the time when there was worsening law & order situation and corruption in the state, Modi said.

Shares of Jet Airways (India) hit a 52-week high of Rs 51.15 after hitting the 5 per cent upper circuit on the BSE on Friday. The stock has gained 27 per cent in one week after the company's committee of creditors (CoC) approved the resolution plan of consortium of Kalrock Capital–Murari Lal Jalan.

The stock has surpassed its previous 52-week high of Rs 50.25, touched on January 15, 2020. It has hit the upper circuit for the 12th straight trading day at the bourses. In the past 20 trading days, the stock has rallied 108 per cent from the level of Rs 24.60, on September 24, 2020. In comparison, the S&P BSE Sensex was up 8 per cent during the same period.

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