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NSE share market NEWS tomorrow (09 September, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (09 September, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 September 2024

Pnb Housing was amongst the top gainers, currently trading at 1078.20 in NSE with 1.524 times change in volumes and 5.355% change in price. Other gainers included One 97 with 3.95% price change and 1.422 times volumes, Blue Star with 3.761% price change and 1.543 times volumes, Inox Wind with 3.621% price change and 1.103 times volumes, and Godrej Consumer with 3.367% price change and 1.362 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Bharat Dynamics was amongst the top losers, currently trading at 1237.15 in NSE with 2.002 times change in volumes and -4.075% change in price. Other losers included Power Finance with -3.979% price change and 2.11 times volumes, Piramal Pharma with -3.964% price change and 0.431 times volumes, Oil Natural with -3.206% price change and 1.087 times volumes, and Tata Technologies with -3.155% price change and 0.327 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

Byju's may not have to pay Glas Trust; verified claim is only Rs 20 cr: CEO. Think & Learn, which owns Byju's may not have to pay any amount for the disputed USD 1.2-billion Term Loan B due the present "behaviour" of Glas Trust -- an agency which is representing US-based lenders -- Founder and CEO of the edtach major Byju Raveendra

Daewoo forays into home appliances segment to expand share in Indian market. Korean brand Daewoo on Monday announced its foray into the kitchen and home appliances segment in India as it looks to capture a larger share of the growing Indian market. The company, which entered the domestic market last year, offers a range of LED TVs,

Ikea looking for next phase of investments in India, plans smaller stores. Global furniture retailer Ikea is looking for the next round of investments in its priority market India as it enters the second phase of growth, its India CEO Susanne Pulverer said. Ikea will open small-format stores with a retail area of 30,000 to 70,000

Expect India to be among our top 3 global markets in 5 yrs: Amway India MD. Direct selling major Amway expects India to be among its top three global markets in the next five years, the company's country Managing Director Rajneesh Chopra said on Monday. The company, which has invested USD 4 million (around Rs 35 crore) to set up f

Tata Power has set up 50,000 home chargers for EVs since April 2023. Tata Power said on Monday it has set up 50,000 home chargers for electric vehicles pan-India besides over 500 charging points for electric buses across metropolitan cities in the country since April last year, strengthening electric vehicle charging infra

T-Hub selects 23 startups for 1st cohort of AIC T-Hub Lab2Market programme. Startup incubator T-Hub on Monday announced the launch of AIC T-Hub Lab2Market program, which aims to transform groundbreaking research into market-ready innovations. Of 200 applicants, 23 startups have been chosen for the first cohort of the programme, ac

GMR Airports buys Fraport's shares, raises stake in Delhi airport to 74%. The deal comes just over a month after heavy rainfall caused the airport's roof to collapse killing one person and shutting down a busy domestic terminal

With 45% growth, momentum expected to continue even in 2025: Toyota. TKM's sales boom comes at a time when other car companies are seeing a slowdown amid low demand and high inventory with dealers

M&A deal value of over Rs 2,000 crore comes under Competition Act. The government aims to scrutinise mergers that might escape under the traditional "asset" or turnover-based thresholds

RBL Bank aims to grow in credit cards, launches offering with Indian Oil. Private sector lender RBL Bank is aiming to grow its credit card portfolio "moderately" and focus on other aspects like cross-selling to customers, a senior official has said. If the industry grows at 20-25 per cent, the lender would like to increase its c

Union Bank of India becomes 1st major bank to become signatory of PCAF. Union Bank of India on Monday announced its decision to become a signatory to the Partnership for Carbon Accounting Financials (PCAF). This step aligns with the growing global emphasis on climate risk management and the recent draft guidelines issued by th

Challenge is to develop new-age tech affordably: Maruti MD Takeuchi. The average car price in India has increased rapidly in the last 5-6 years due to new emission regulations and demand for more spacious and comfortable cars loaded with advanced technology

Ola Electric Mobility rival Ather Energy files for Rs 3,100 crore IPO. Part of the IPO proceeds will also be allocated to research and development, marketing initiatives, infrastructure, production activities, and other general corporate purposes

Airtel Finance offers FD service, partners with NBFCs, small finance banks. Bharti Airtel on Monday announced the launch of a fixed deposits marketplace under its digital arm Airtel Finance, backed by partnerships with leading NBFCs and small finance banks. The marketplace enables Airtel Finance to provide an assured return and fi

Pixxel becomes first Indian space startup to grab order from Nasa. Pixxel becomes part of the Nasa's 6 million Commercial SmallSat Data Acquisition Program

Tower-Adani Group fab proposal at appraisal stage under ISM: Meity. The proposal, however, is yet to be approved by the Ministry of Electronics and Information Technology (Meity) under the India Semiconductor Mission (ISM)

Audible to begin generating AI voice replicas of select audiobook narrators. Last year, Amazon began offering US-based, self-published authors who make their books available on the Kindle Store the option of having their works narrated by a generic "virtual voice"

Tata Power arm starts commercial production at 2GW Tirunelveli unit. The facility is equipped with advanced TOPCon and Mono PERC technology, enabling high-efficiency production of solar cells and modules

Awfis enters into biz transfer pact with SMS Integrated Facility Services. Furthermore, the transaction will be cash flow accretive, freeing up working capital and leading to an improved working capital cycle

Bhive leases 77k sq ft Grade A office in Indiranagar at Rs 8.5 cr annually. The cutting-edge B+G+3 building is poised to offer high-end office amenities and is strategically positioned for connectivity

HP to sign pact with Dixon's Padget to make PCs in India under PLI 2.0. PC maker HP India is set to sign an agreement with electronics contract manufacturer Dixon Technologies' subsidiary Padget Electronics to make the company's notebooks, desktops and all-in-one PCs under the PLI 2.0 scheme in India, a joint statement said on

Tata Electronics signs MoU with Tokyo Electron to buy semicon equipment. Tata Electronics has signed a memorandum of understanding with Tokyo Electron to buy equipment and services for its under-construction chip units in Gujarat and Assam. Under the agreement, Tata Electronics and TEL will also focus on training Tata Electroni

Hinduja Group's IIHL files documents to raise Rs 3,000 crore via NCDs. Hinduja Group firm IIHL, the successful resolution applicant for takeover of debt-ridden Reliance Capital (RCAP), on Monday filed offer documents to raise Rs 3,000 crore through non-convertible debentures (NCDs), according to sources. The proceeds will be

Ireda inks initial pacts with SJVN, GMR for 900 MW hydro project in Nepal. Indian Renewable Energy Development Agency (IREDA) on Monday said it has inked initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydro-electric project in Nepal. This collaboration aims to enhance reg

Delta unveils new HQ in Bengaluru to boost local power, IoT capabilities. Delta further highlighted that the new LEED Gold-certified HQ and R&D Centre in Bengaluru features a 480 square metre showroom showcasing cutting-edge IoT-based green solutions

Bandhan Bank's new service allows GST payment through online, offline modes. Bandhan Bank on Monday announced the launch of a new service that allows its customers and non-customers to pay Goods and Services Tax (GST) through online and offline modes. "The initiation of GST revenue collections marks another significant milestone in

BoB raises Rs 5,000 cr through infra bond issue, second in a fortnight. State-owned Bank of Baroda on Monday announced that it has raised Rs 5,000 crore through a 10-year infrastructure bond issuance subscribed by domestic investors. This is the second issuance from the lender in a fortnight after the Rs 5,000 crore sale on Au

Workers at Samsung Electronics plant begin strike, production hit. The strike comes after Samsung Electronics' biggest union in South Korea held a four-day strike in August demanding higher wages and bonuses after talks with management fell through

Civil aviation ministry trying to address SpiceJet's issues: Rammohan Naidu. The civil aviation ministry is looking at the issues being faced by SpiceJet and address them as the efforts are aimed at having a balance that will allow operations of more airlines amid the high demand in the Indian market, Union minister K Rammohan Naid

KKR's Agrawal calls industrial infra 'next big thing' in asset class. Data centers and logistics have been big plays for alternative asset managers in real estate and infrastructure as they look to capitalize on long-term trends

Boeing's shares rise after tentative labour deal that could avert strike. The proposed four-year contract was hailed by the union as the best it had ever negotiated and was cheered by investors, however, it is far from a done deal

Adani Green redeems 0 mn bonds eight months ahead of redemption date. Adani Green Energy Ltd (AGEL), the renewable energy arm of the ports-to power conglomerate run by billionaire Gautam Adani, on Monday said it has redeemed USD 750 million worth of bonds as it deleverages business. In a statement, the firm said it has compl

Pritika Group eyes Rs 950 cr sales in 3 years with order book of Rs 650 cr. Engineering and automotive components maker Pritika Group is eying Rs 950 crore sales in next three years on the back of strong order book of Rs 650 crore. This growth plan is driven by rising demand in the engineering and automotive components industry, a

Suzlon secures India's largest wind energy order from NTPC Green. The 1,166 MW energy project will serve three million households upon completion

Ingka Centres to invest Rs 5,500 cr in India on 2nd meeting place at Noida. Ingka Centres, a part of Ingka Group that operates IKEA retail, will invest 607 million euros (about Rs 5,500 crore) to set up its second meeting place in India at Noida under the Lykli brand, taking its overall investment in the country to a 1 billion eur

0 mn in overdue power debt not sustainable: Adani Group to Bangladesh. The power deal, signed under Sheikh Hasina leadership, involves the supply of coal-generated electricity from Adani's 1,600 MW Godda plant, which the Yunus govt claims is opaque and expensive

EQT to buy GeBBS Healthcare Solutions to expand in healthcare tech. The acquisition from ChrysCapital is aimed at accelerating GeBBS' growth as demand for RCM services increases amid complex US healthcare operations

IndiGo eyes global expansion with new routes, cargo growth by 2030. The budget-carrier is planning to double the airline's international destinations to 40 by March 2025, with a focus on untapped markets for Indian travellers

DHFL loan case: Delhi HC grants bail to Dheeraj Wadhawan on medical grounds. On June 5, the Delhi High Court sought a status report on the bail plea, which he sought on medical grounds. His bail plea was dismissed by the trial court

Mahindra & Mahindra unveils commercial electric four-wheeler 'e-ZEO'. Mahindra & Mahindra announced that it would invest Rs 12,000 crore over the next three years, into its EV unit Mahindra Electric Automobile

Carrefour set to enter India through partnership with Apparel Group. Through the partnership, Carrefour will launch its exclusive brands initially in North India with plans for nationwide expansion

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines. The Defence Ministry on Monday sealed a Rs 26,000-crore deal with state-run aerospace major Hindustan Aeronautics Ltd (HAL) for the procurement of 240 aero-engines for Su-30MKI aircraft. The aero-engines will be manufactured by the Koraput division of HAL

Azure Power to prepay green bonds worth 0 mn maturing in December. Sustainable energy solutions provider Azure Power on Monday said it has issued a notice to prepay green bonds worth USD 310 million maturing in December 2024. The bonds (RG II) are backed by seven utility projects, originally commissioned between 2016 and

Honda Power Pack Energy, Bhago Mobility partner for green fleet services. Honda Power Company on Monday said its subsidiary Honda Power Pack Energy has partnered with sustainable transportation solution provider Bhago Mobility to offer green fleet management services for last-mile delivery in the electric vehicle segment. Under

JSW Infrastructure approves Rs 2,359 cr capex for capacity expansion. JSW Group firm JSW Infrastructure Limited on Monday said it has approved a capex of Rs 2,359 crore for the capacity expansion at its Jaigarh and Dharamtar Port. As a part of the company's FY2030 growth plan to increase capacity to 400 million tonnes per an

JSW Infra approves capex of Rs 2,359 crore for expansion at Jaigarh. The amount will be utilised to expand the cargo handling capacity of its Jaigarh and Dharamtar ports along the west coast of India

UP CM Adityanath virtually lays foundation stone for Ikea store in Noida. Uttar Pradesh Chief Minister Yogi Adityanath on Monday virtually laid the foundation stone for the IKEA store in Noida from Lucknow, an official statement said. During his address, he said that in the past seven and a half years, Uttar Pradesh has gained t

ADNOC agrees to supply Indian Oil with 1 MMT LNG per year for 15 years. ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals it sees as pillars for its future growth, putting it in competition with regional rivals Qatar

Vedanta to progress from being asset manager to asset owner: Anil Agarwal. The proposed demerger of Vedanta's diverse verticals that represent more than 15 commodities, will see the company progress from being asset managers to asset owners, Chairman Anil Agarwal has said. The proposed demerger will create independent companies h

Signature Global gives Rs 1,144 cr order for housing project in Gurugram. Realty firm Signature Global has given Rs 1,144 crore construction work order to Ahluwalia Contracts for development of its luxury housing project in Gurugram. The project, 'De-luxe DXP' is located in Sector 37D, Dwarka Expressway, Gurugram. Spread over 16

Adani floats subsidiary in China for providing project management services. Adani Group has formed a subsidiary in China to carry out business of providing supply chain solutions and project management services, according to a regulatory filing. Adani Enterprises, the group's flagship firm, in the filing said a Singapore-based ste

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles. The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Shriram Finance plans to raise bn from overseas in next 6 months. NBFC Shriram Finance plans to raise USD 1 billion (about Rs 8,300 crore) from overseas in the next 6 months to fund its business growth. "We are planning to raise USD 300 million in the next few weeks, may be by October and rest USD 500-700 million during

Shortage of malls slows Cinepolis' plan for 1,000 screens in India. Mall shortage puts Mexico movie theatre chain's blockbuster India ambitions on pause

SpiceJet's Ajay Singh may sell over 10% stake in airline to raise funds. SpiceJet promoter and chairman Ajay Singh may offload more than 10 per cent stake in the struggling carrier as part of the latest funding round that is expected to close by the end of September, according to sources. The budget carrier -- which is grapplin

Starbucks appoints Brian Niccol as CEO after struggles with mobile orders. To Howard Schultz, the chaos he observed at a Starbucks in Chicago one recent morning summed up the troubles of the company he long led as chairman and CEO. Commuters tumbled off trains and into a Starbucks store to pick up the orders they had placed on th

Tata's financial services, insurance biz saw hefty profits in FY24. Realty, airline, and new-age businesses still struggling to make money

NIIF gets CCI's approval to acquire additional stake in Ather Energy. The Competition Commission of India has approved the National Investment and Infrastructure Fund's (NIIF) proposal to acquire an additional stake in Ather Energy. The deal was cleared by the competition watchdog under the green channel route. "The acquirer

Jio Financial, BlackRock Advisors enter JV for investment advisory services. Jio Financial Services on Sunday said it has formed a joint venture with BlackRock Advisors Singapore Pte Ltd to undertake investment advisory business. Jio BlackRock Investment Advisers Private Limited was incorporated on September 6 to carry on the prima

Incuspaze takes on lease 325k sq ft office space in Bengaluru to expand biz. Coworking firm Incuspaze has taken on lease 3.25 lakh sq ft office space in Bengaluru to expand its business and cater to the rising demand for managed flexible workspace. The company has taken space in the QUBE Software Park, Outer Ring Road (ORR) Bengalu

Byju's auditor BDO resigns after start of bankruptcy proceedings, firm says. Byju's defended its inability to provide the documents, saying in a statement the materials were requested from the firm's board, which has been suspended

Bomb threat: Vistara sends new aircraft to fly passengers from Turkey. Vistara on Saturday said it is dispatching an alternative aircraft along with a fresh set of crew to fly the passengers of its Mumbai-Frankfurt flight to their destination after it was diverted to Erzurum Airport in Turkey due to an alleged bomb threat on

Employee claims against Byju's top Rs 300 crore in ongoing insolvency case. But these claims still need to be reconciled with the complete and accurate books of accounts and records from the corporate debtor, in this case, the former management of Byju's

Tata Power awards contracts worth Rs 11,481 cr to local suppliers in Odisha. Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers, an official said. The joint ventures between Tata Power and the Odisha government, placed orders worth Rs 8,690 crore with local MSMEs and Rs 2,

Byju's hits back, says BDO's lack of communication with IRP suspicious. Byju's statement further added that they had 'multiple call recordings', where BDO representatives explicitly suggested backdating these documents, which Byju's refused to do

Tata aviation cuts losses by Rs 9,077 cr in FY24, Air India revenue up 24%. Air India, which was privatised in 2022, achieved its highest consolidated revenue of Rs 51,365 crore for FY24, marking a 24 per cent rise from the prior year

Wockhardt denies Carol Info rent payment allegations, link with Sebi orders. Drug firm Wockhardt has denied allegations regarding payment of rent by Carol Info Services and its connection with certain orders passed by SEBI in relation to the company. "In this regard, we categorically deny these allegations and state that these alle

MSDE, Swiggy tie up to provide skilling, employment opportunities. The Ministry of Skill Development and Entrepreneurship and Swiggy on Saturday launched an initiative to provide skilling and employment opportunities within Swiggy's food delivery and the quick commerce network. The partnership will benefit 2.4 lakh delive

HUL constitutes committee to discuss the way forward for ice-cream business. In its stock exchange filing, the company said that the board also accorded its approval to explore potential structures and alternatives for the same

Air India's low-cost airline Air India Express posts Rs 163 cr loss in FY24. While the company's total income increased by 33 per cent year-on-year (Y-o-Y) to Rs 7,600 crore in FY24, its total expenditure grew by 38.3 per cent to Rs 7,763 crore in the same period

IIT partners with Airbus India to set up global training centre in Guwahati. The IIT-Guwahati entered into an agreement with Airbus India Private Ltd on Friday to set up a global training centre for aviation and logistics business here. Chief Minister Himanta Biswa Sarma said the collaboration will pave the way for Assam to emerge

EV maker Wardwizard Innovations to form joint venture in Saudi Arabia. The EV cell plant will be dedicated to manufacturing electric vehicle cells. The company did not disclose the cost associated with entering into the joint venture

Sanjeev Mehta quits Standard Chartered Bank, set to launch new venture. Sanjeev Mehta Sanjeev Mehta has stepped down as Standard Chartered Bank's managing director and head of transaction banking sales for corporate, commercial and institutional Banking for South Asia after a 17-year career at the bank. Mehta resigned in July

Peak XV Partners sells 22% stake in Indigo Paints for Rs 1,557 crore. Peak XV Partners, formerly Sequoia Capital India and SEA, on Friday, divested a little over 22 per cent stake in Indigo Paints to investors like Morgan Stanley, Mercer and HDFC MF for Rs 1,557 crore via open market transactions. Venture capital firm Peak X

Nykaa appoints Sukhleen Aneja as business head to drive Kay Beauty. Nykaa on Friday announced the appointment of Sukhleen Aneja as Senior Vice President and Business Head for Kay Beauty. Kay Beauty is Nykaa's celebrity beauty brand launched in partnership with Katrina Kaif. Announcing Aneja's appointment, Nykaa, in a relea

Mumbai-Frankfurt Vistara flight diverted to Turkey over security concerns. Vistara flight UK 27, operating from Mumbai to Frankfurt, on Friday has been diverted to Turkey due to security concerns, the airline has said. The security alert (bomb threat) was noted by the Vistara crew onboard, the airline said in a statement. The air

Retail business closure to focus on core cigarette biz: GPI Chairperson. Cigarette maker Godfrey Phillips India Ltd Chairperson, Bina Modi on Friday defended the company's decision to close its retail business '24Seven', the brainchild of her estranged son Samir Modi, saying it was done with a view to focus on its core business

Bina Modi reappointed as Godfrey Phillips India MD; Charu Modi named ED. Bina Modi's daughter Charu Modi has been appointed as the Executive Director of the company with 87% approval

AU SFB, United India Insurance ink pact for giving out insurance products. AU Small Finance Bank (AU SFB) and state-owned United India Insurance Company (UIIC) on Friday announced a strategic partnership to distribute general insurance solutions to the bank's customers. It includes motor insurance, personal accident insurance, cr

Indian tax officials demand 1 million in Byju's insolvency process. The company is being run by court-appointed resolution professional Pankaj Srivastava who is inviting lenders, employees, vendors and government to claim unpaid dues

Bajaj Housing Finance raises Rs 1,757 crore from anchor investors. At the upper end of this price band, Bajaj Housing is valued at a price-to-book ratio of 3.2 times on a post-money basis

Salesforce to buy data protection provider Own Company for .9 bn. Salesforce said it expects to achieve accretion on a free cash flow basis starting in the second year following the closing of the deal, which it anticipates to be in the fourth quarter of fiscal 2025

Entod Pharma denies false claims in media regarding PresVu Eye Drops. The company further mentioned that the opinions and claims printed in news stories do not represent Entod Pharmaceuticals

Tower-Adani JV to set up bn semiconductor unit in Maharashtra: Fadnavis. The proposed semiconductor manufacturing plant, located in the Navi Mumbai suburbs in Raigad district, will have an initial capacity of 40,000 WSPM in the first phase, with an ultimate capacity of 80,

Brigade Enterprises raises Rs 1,500 crore by selling shares via QIP. Bengaluru-based Brigade Enterprises has raised Rs 1,500 crore by selling equity shares to institutional investors as part of its strategy to expand business. The company on September 2 launched its qualified institutional placement (QIP) issue to raise fun

Maharashtra approves $ 10 bn semiconductor fab unit by Adani, Israeli firm. The project will have capacity to produce 80,000 wafers monthly and it will create 5,000, says Devendra Fadnavis

SC agrees to list plea related to insolvency proceedings against Byju's. The Supreme Court on Friday agreed to list for an early hearing the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm BYJU's and approving its Rs 158.9 crore due

Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint. The IPO-bound company engaged an external team to investigate the and filed a legal complaint against the former junior employee for embezzling money

Black Box targets tripling sales over next 4 yrs on US networking demand. The company is seeking to capitalise on a global quest for artificial intelligence that's prompting customers to invest in computing and data storage capacity

Swiggy rolls out 'incognito mode' to help users order food discreetly. Available on both Swiggy Food and Instamart, incognito mode ensures that users can place orders and keep their selections confidential

Reliance Infra plans to manufacture electric cars, taps ex-BYD executive. It is also looking at the feasibility of building a battery plant starting with 10 gigawatt hours (GWh) of capacity and scaling up to 75 GWh over a decade, the person added

SpiceJet plans to raise over Rs 3,200 cr through debt, equity instruments. Cash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion by the promoter, the airline said in a corporate presentation. The funds will be utilised in fleet ungrounding, liab

Zepto set to enter buy now, pay later segment with 'Zepto Postpaid'. Rival firms like Zomato-owned Blinkit already offer BNPL services to their customers through partnerships with players like LazyPay and Simpl

India's edtech sector sees 30% drop in funding to 5 mn amid slowdown. According to the report, the Indian edtech sector reported the highest-funded quarter in Q3 2021 with an overall funding of .48 billion

NLC India aims to start early mining of Odisha's Machhakata coal block. State-owned NLC India Ltd is aiming to start the mining of Machhakata coal block in Odisha ahead of schedule. Machhakata coal block is the second commercial coal block and the biggest among the NLCIL's mining projects. NLC India Ltd (NLCIL) had emerged as

VIL's capital-raise unlikely to plug market share erosion: Goldman Sachs. Vodafone Idea's recent capital-raise while incrementally positive, may not be adequate to stop the telco's market share erosion, according to a note by Goldman Sachs. The brokerage has, in fact, anticipated another 300 bps (basis point) share loss for the

VA Tech WABAG bags Rs 2,700 cr Saudi's sea water desalination plant order. Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth USD 317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday. The Engineering, Procurement, Constr

SC grants bail to ex-promoter of Bhushan Steel in money laundering case. A Bench of Justices Sanjiv Khanna and PV Sanjay Kumar granted bail to Singal observing that he was in jail for 16 months and the trial against him was not proceeding

Dr Reddy's gets USFDA's inspection report for Srikakulam-based API plant. Dr Reddy's Laboratories on Friday said it has received the establishment inspection report (EIR) from the US health regulator for its active pharmaceutical ingredient manufacturing facility (CTO-6) in Srikakulam, Andhra Pradesh. The US Food and Drug Admini

Israel's Tower Semiconductor, Adani plan bn chip project in India. Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading

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