Here is a collection of the most important stories this evening:
Axis Bank’s Q3 net profit surges 62% to Rs 5,853 crore, beats estimates
Axis Bank reported a net profit of Rs 5,853 crore for the December quarter (Q3FY23), a growth of 62 percent year-on-year, beating street estimates comfortably.
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Sequoia considers auditing South Asia Investments following lapses at Zilingo & GoMechanic
Sequoia Capital’s regional arm in South and Southeast Asia is weighing special audits of several investments in the region following allegations of financial irregularities at firms such as Zilingo Pte and GoMechanic.