Seshagiri Rao, Joint Managing Director and Group Chief Financial Officer at JSW Steel, expects to see USD 100 per tonne increase in coking coal prices in Q3FY22. According to him, very high cost pressure is keeping steel prices at elevated levels. He expects it to increase further.

The mortgage lender's total disbursements rose 29 percent to Rs 16,110 crore as compared to Rs 12,443 crore in the same period the previous year.

FSN E-Commerce Ventures Limited, which owns online cosmetic brand Nykaa, will launch its initial public offering (IPO) on October 28. FSN seeks a valuation of around $7.4 billion in the IPO.

South Indian Bank posted weak Q2 earnings. The bank reported a net loss of Rs 187 crore. In an interview with CNBC-TV18, Murali Ramakrishnan, MD & CEO, shared his take on the bank's performance and outlook. He said additional losses led to a higher loss in the quarter under review. On the positive side, he is seeing higher traction in retail, large corporates; SMEs have also started showing promise since September.