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Indian tech sector sees 40% surge in deal values in Q3

New Delhi, Oct 26 (IANS) The Indian technology sector saw 87 deals valued at $1.4 billion in the third quarter this year, a 40 per cent surge in values over the previous quarter, a report showed on Thursday. The deal volumes, however, fell by 13 per cent in the July-September period.The rise of generative AI is reshaping the industry, with…
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Business

Nifty sinks below 19K to four-month low

Mumbai, Oct 26 (IANS) Domestic equity continued with its profit booking for the sixth consecutive day with Nifty slipping below the 19,000-mark and closing near days’ low at 18,857 levels (-1.4 per cent), said Siddhartha Khemka, Head of…
Business

Punjab National Bank Q2 PAT zooms to Rs 1,756.13 cr

Chennai, Oct 26 (IANS) The Indian government-owned Punjab National Bank on Thursday said it closed the second quarter of FY24 with a net profit of Rs 1,756.13 crore.In a regulatory filing, Punjab National Bank said for the quarter ended…
Business

Indian Bank Q2 PAT at Rs 1,987.76 crore

Chennai, Oct 26 (IANS) Public sector mortgage lender Indian Bank on Thursday said it closed the second quarter of FY24 with a higher net profit aided by a drastic reduction in provisions for non-performing assets (NPA)In a regulatory…