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Little Caesars said its new finance chief, Leigh Burnside, will oversee the expansion of the company’s accounting team as it seeks to support recent growth.
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Wrongful declaration of ex-distillery prices, sales to super cartel retail zones and value of corporate guarantee issues amounted to ₹563 crore for the maker of Absolut vodka and Chivas Regal scotch, said the charge-sheet. The company accrued excess profit of ₹163 crore due to market share increase, it said.
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"We expect the domestic banking sector's average net interest margin to slightly contract by about 10 bps (basis points) in FY24 to 3.45 per cent, following a 15 bps increase in FY23 to 3.55 per cent, in a base case scenario, but remain well above that during FY17-FY22 average of 3.1 per cent," Fitch Ratings said in a report.
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