ITC's Q1 Net Rises 4%; Cigarette, Agribusiness Drag Revenues Revenues from ITC's cigarette business, which contributes nearly half of the total revenue, fell 1.2% year-on-year to Rs 4,150 crore in the June quarter.
BNP Paribas to Buy Sharekhan For Undisclosed Amount Mumbai-based Sharekhan, which started operations in 2000, is one of the largest retail broking shops in India and serves about 1.2 million clients.
Moody's Cautions Against Curbing RBI's Autonomy on Policy Rates Revised draft of Indian Financial Code calls for creation of an interest rate-setting panel, where majority of seven members will be nominated by the government.

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