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Adani Enterprises has successfully completed the qualified institutional placement (QIP), raising nearly Rs 4200 crore. The company has allocated 1.41 crore shares at an issue price of Rs 2,962 apiece. The transaction was launched post-market hours on October 9 with a deal size of Rs 4,200 crores ($500 million) and closed on October 15. “The…
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Key Points TD Bank exceeded analyst expectations for Q2 2024 earnings, driven by strong Canadian and Wholesale Banking performance. U.S. Retail Banking faced headwinds due to a significant provision for AML investigations, impacting reported net income. TD Bank maintains a strong capital position and reaffirmed its commitment to shareholders with a consistent dividend payment. 5…
