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NSE share market NEWS tomorrow (02 September, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 September, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 September 2024

Jio Fin was amongst the top gainers, currently trading at 344.90 in NSE with 2.376 times change in volumes and 7.212% change in price. Other gainers included Adani Green with 5.851% price change and 2.738 times volumes, Sona Blw with 4.639% price change and 2.243 times volumes, Kalyan Jewellers with 4.007% price change and 2.596 times volumes, and Computer Age with 3.681% price change and 1.739 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.

Indus Towers was amongst the top losers, currently trading at 438.95 in NSE with 0.873 times change in volumes and -4.264% change in price. Other losers included Dixon Techno with -4.225% price change and 0.157 times volumes, Mankind Pharma with -3.883% price change and 0.47 times volumes, Idea Cellular with -3.772% price change and 0.319 times volumes, and Abb India with -2.984% price change and 0.85 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.

Flex spaces record their highest contribution to office leasing in India. In the last five years, the total footprint of flex space operators in India has doubled owing to high demand as well as supply, according to Cushman & Wakefield

Tata-owned Air India to soon provide Wi-Fi facilities on board flights. Air India will soon introduce Wi-Fi on board flights, starting with the A350 aircraft on the Delhi-London Heathrow route. The Tata Group-owned airline, which has embarked on an ambitious transformation journey, on Sunday commenced services between Delhi an

SC seeks Himachal govt's reply on Adani Power plea for Rs 280 cr refund. The bench of Justices M M Sundresh and Aravind Kumar, however, refused to stay the Himachal Pradesh High Court order overturning a single-bench's decision

FSIB recommends Rama Mohan Rao Amara for Managing Director of SBI. FSIB, the headhunter for directors of state-owned banks and financial institutions, on Monday recommended Rama Mohan Rao Amara for the position of managing director of State Bank of India (SBI). Amara is currently Deputy Managing Director of the bank. He w

Adani Green approves pacts for TotalEnergies' 4 mn investment in JV. This comes after the company and the French oil major had inked a 0 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coal

Vedanta board approves 3rd dividend of Rs 7,821 cr for Rs 20 per share. Anil Agarwal-led Vedanta on Monday approved a third dividend of Rs 20 per share for the current financial year, taking the total dividend payout so far for FY25 to Rs 13,474 crore. On July 26, the board approved a second interim dividend of Rs 4 per equity

'Sebi chairperson Buch is corrupt', alleges Zee's Subhash Chandra. Regulatory official calls allegations "malicious and opportunist"

Infosys initiates formalities for onboarding graduates from 2022-batch. IT company Infosys has initiated the formalities for onboarding engineering graduates from the 2022 batch, and many of them have been intimated about the joining dates and other terms of offer, sources said. While IT union Nascent Information Technology Em

TotalEnergies to make further 4 mn investment in JV with Adani Green. The statement said the new JV company will house a 1,150-megawatt (MW) portfolio, which will comprise a mix of operational and under-execution solar assets, with a blend of both merchant-based and PPA

Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses. Logistics platform Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, will invest Rs 700 crore to redevelop warehouses of state-owned CWC in 13 locations. In a statement on Monday, the company said it has been "chosen as the lead

FSIB recommends Ram Mohan Rao Amara as managing director of SBI. FSIB interacted with nine candidates for selection. It said the recommendation was made "keeping in view their performance in the interface, overall experience, and extant parameters"

Volkswagen considers closure of historic German plant to cut cost. VW has lost almost a third of its stock market value over the past five years, making it the worst performing stock among the major European carmakers

Entrepreneur Siddhartha Yog buys over one mn shares of Trent for Rs 718 cr. Global investor Siddhartha Yog on Monday acquired over 10 lakh shares worth Rs 718 crore of Tata Group retail firm Trent Ltd through an open market transaction. Yog is the founding partner of Xander Group Inc, an emerging markets-focused investment firm th

Sterlite Tech to pay Rs 4 cr to Data Management Centre for settling dispute. Broadband technology firm Sterlite Technologies has agreed to pay USD 4,67,400 (about Rs 4 crore) to the Data Management Centre for dispute settlement, a regulatory filing said on Monday. Data Management Centre had claimed damages worth USD 2.7 million (ab

Ireda plans to raise around Rs 29,500 crore in debt, equity in FY25. The Indian Renewable Energy Development Agency (IREDA) plans to raise around Rs 25,000 crore from the debt market and around Rs 4,500 crore through equity in the current fiscal, a top company official said on Monday. The company's chairman and managing di

Vodafone Idea slapped with Rs 73 cr GST demand orders, penalty, interest. Debt-ridden telecom firm Vodafone Idea has been slapped with demand orders from various GST offices to pay over Rs 73 crore comprising tax dues with penalty and interest, a regulatory filing said on Monday. The company has received nine orders from various

NMDC reports 9.9% drop in iron ore production at 3.07 mn tonnes in August. Country's largest iron ore miner NMDC on Monday reported a 9.9 per cent drop in production of iron ore at 3.07 million tonnes (MT) in August. The company had produced 3.41 MT of iron ore in the corresponding month of the previous fiscal, NMDC said in a reg

Maruti Suzuki cuts price of select Alto K10 & S-Presso modes; details. Maruti Suzuki reported a nearly 3.9 per cent decline in sales for August 2024, with 181,782 units sold compared to 189,082 units in August 2023

E-commerce major Meesho appoints Mohit Rajani as chief product officer. Meesho has distinguished itself from its peers by becoming a prominent choice among the younger generation, with one in every three users under the age of 25.

Adani Energy acquires Khavda project entailing Rs 4,091 cr investment. Adani Energy Solutions on Monday said it has acquired a 298-km special purpose vehicle (SPV) of the Khavda Phase IV Part-A transmission project entailing an investment of Rs 4,091 crore. Khavda IVA Power Transmission Ltd, an SPV, was set up by REC Power De

Maruti slashes prices of Alto K10, S-Presso variants amid drop in sales. In August alone, MSIL sold a total of 10,648 units of the two mini cars, recording a drop of 12.8% Y-o-Y

Adani Wilmar eyes FMCG expansion, sets aside billion for 3 acquisitions. Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles

WazirX plans restructuring, seeks white knight for funds and partnerships. WazirX customers may get anywhere between 55-57 per cent of funds back

Omaxe Group to invest Rs 2,500 cr to build 50-acre complex in Delhi. Realty firm Omaxe Group will invest Rs 2,500 crore to develop a 50-acre commercial-cum-sports complex at Dwarka in the national capital to expand its business. In a statement, Omaxe said it has launched the commercial project 'The Omaxe State' comprising s

Maruti Suzuki plans Arena Satellites to tap smaller towns, new markets. Banerjee said that in the digital era, there is no real divide between urban and rural. However, in Tier-II and Tier-III cities, there is an affinity for hatchbacks

Concor to resume coastal cargo transport, enhance last-mile connectivity. Concor had initially launched coastal shipping services in January 2019 but the services were halted in 2020 due to the Covid-19 outbreak

SC issues notice to HP on Adani Power's plea seeking Rs 280 cr refund. The Supreme Court on Monday sought response from Himachal Pradesh on a plea filed by Adani Power Limited seeking a refund of Rs 280 crore along with interest from the state government in connection with two hydropower projects in Kinnaur district. On July

Govt approves Kaynes' Rs 3,307 cr semiconductor unit at Gujarat's Sanand. The government on Monday approved a proposal of Kaynes to set up a semiconductor unit in Sanand, Gujarat with 6.3 million chips per day capacity, entailing an investment of Rs 3,307 crore. Announcing the decisions of the Union Cabinet, IT Minister Ashwini

Govt receives about Rs 2,413 cr as dividend tranche from BPCL: Dipam secy. The government has received about Rs 2,413 crore in dividends from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) said on Monday. "Government has received about Rs 2,413 crore from BPCL as dividend tranche," DIPAM Secretary

TikTok parent ByteDance eyes .5 bn in record Asia dollar corporate loan. ByteDance's facility is larger than the earlier-anticipated size - an indication that the borrower is eager to take advantage of Asia's loan market, which is flush with liquidity amid dismal deal flow

Philips appoints Bharath Sesha as new managing director for India. At Philips, Bharath Sesha succeeds Daniel Mazon, who has moved to a global role at Philips headquarters in the Netherlands

Tata Motors launches new Curvv SUV Coupe; priced at Rs 9.99 lakh. With its introductory pricing set to attract a wide range of consumers, the Tata Curvv will challenge established players like Hyundai Creta and Kia Seltos in the mid-SUV segment

Why Sebi is facing criticism over ICICI Securities, ICICI Bank merger. Facing an unprecedented attack on its credibility, the last thing that the SEBI would want is to give the impression that while all M&A is equal, some transactions are more equal than others

Godrej Properties wins bid for 2 plots in Gurugram, eyes Rs 3400 cr revenue. Realty firm Godrej Properties has won bid for two residential plots in Gurugram costing Rs 515 crore and will develop luxury homes worth Rs 3,400 crore on these land parcels. In a regulatory filing on Monday, Godrej Properties informed that it has "emerged

Apple set for music, TV streaming fight in India after deal with Airtel. India, Apple Music will become available to premium users of Airtel's Wynk music app, which will eventually close

PVR INOX to close 70 non-performing screens in FY25 in Mumbai, Vadodara. Leading multiplex operator PVR INOX plans to close 70 non-performing screens in FY25 and will go for potential monetisation of non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, according to its latest annual report. Though

Raymond receiving large number of biz inquiries after B'desh crisis: CMD. Leading textiles and apparel company Raymond has received a "huge number of inquiries" from global firms after the crisis in neighbouring Bangladesh and is ready to grab this opportunity, its Chairman & Managing Director Gautam Hari Singhania said. Raymond

Toyota posts 35% YoY rise in total wholesale at 30,879 units in Aug. Toyota Kirloskar Motor on Sunday reported a 35 per cent growth year-on-year in total wholesales at 30,879 units in August. The automaker had reported a dispatch of 22,910 units in both domestic and exports in the same month last year. "As we approach the f

Maruti Suzuki total sales dip 4% year-on-year to 181,782 units in August. Maruti Suzuki India on Sunday reported a 4 per cent year-on-year decline in total sales in August at 1,81,782 units. The company had dispatched 1,89,082 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passen

TVS Motor sales up 13% in Aug at 391,588 units; exports grow by 13%. TVS Motor Company on Sunday said its total sales increased 13 per cent year-on-year to 3,91,588 units in August as compared with the same month last year. The company had dispatched 3,45,848 units to its dealers in the same month last year, TVS Motor Compa

V Satish Kumar given additional charge, takes over as IOC chairman. V Satish Kumar on Sunday took over as the chairman of the Indian Oil Corporation (IOC), the nation's largest oil firm. Kumar, who is director (marketing) at IOC, was given additional charge of chairman following delays in finding a full-time chairman. "He

RCap lenders accuse IIHL of using delaying tactics, firm denies allegations. Lenders to debt-ridden Reliance Capital Ltd (RCAP) have alleged that Hinduja Group firm IIHL is indulging in delaying tactics, resulting in slowdown in implementation of the resolution plan. Mauritius-based IndusInd International Holdings Ltd (IIHL) emerge

Tata Consumer Products completes merger of three subsidiaries in India. FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other regulatory clearances. TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages

Hero MotoCorp sales rise 5% to 512,360 units, decline for Hyundai in Aug. Hero MotoCorp on Sunday said its wholesales increased 5 per cent year-on-year to 5,12,360 units in August. The two-wheeler major had dispatched 4,88,717 units to dealers in August 2023. The company said its domestic sales increased to 4,92,263 units last m

Biocon subsidiary gets USFDA nod for generic drug for chronic heart failure. Biotechnology firm Biocon said its subsidiary has received approval from the US health regulator to market a generic medication to treat chronic heart failure. Biocon Pharma has received approval of its ANDA for Sacubitril/Valsartan Tablets, in 24 mg/26 mg

Godrej Properties tops among 21 realty cos with Q1 sales worth Rs 35k cr. India's 21 major listed real estate developers have together sold properties worth nearly Rs 35,000 crore during the latest June quarter with Godrej Properties reporting highest sale bookings. Except few, all major listed real estate developers have shown

Goldman Sachs to lay off up to 1,800 employees amid annual review process. Goldman Sachs' annual review process has historically resulted in workforce reductions of 2 to 7%, depending on financial performance and market conditions

FMCG major Emami to acquire remaining 49.6% stake in 'The Man Company'. Home-grown FMCG major Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand The Man Company'. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding,

Dantewada administration imposes Rs 1,620.5 cr fine on NMDC for violations. The administration in Chhattisgarh's Dantewada district has imposed a penalty of Rs 1,620.5 crore on the National Mineral Development Corporation (NMDC), a central PSU, for alleged violation of mining laws, officials said on Saturday. The NMDC has termed t

IBM to revoke ops from China amid tussle between Washington-Beijing: Report. The current shift in IBM's business structure is reportedly due to the rising tensions between China and the US along with an ongoing decline in the Chinese economy

BLS International acquires 51% stake in SLW Media for Rs 80.24 lakh. Visa processing and consular services provider BLS International on Saturday said it has acquired a 51 per cent stake in sports management company SLW Media for a value of Rs 80.24 lakh. The company has entered into a definitive share purchase agreement t

India unit actively engaging with tax authorities: British insurer Aviva. Aviva's India business paid about million to entities who purportedly provided marketing and training services, but they did not perform any work

NBCC approves 1:2 bonus share issue, allocates Rs 90 crore for it. State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that

SM Vaidya steps down as Indian Oil Corp's chairman as tenure ends. S M Vaidya on Saturday stepped down as chairman of Indian Oil Corporation (IOC) at the conclusion of his tenure. "A chemical engineer with over 37 years of experience, Vaidya has been a pivotal force in steering IndianOil to unprecedented heights," the com

Competition for deposits but no rate war, says SBI chief C S Setty. SBI is aiming to get 90 per cent of its retail unsecured loans from the digital channels, going forward, Setty said

Adani Ports acquires 80% stake in Astro Offshore for Rs 1,551 crore. Astro Offshore is a leading global OSV operator in the Middle East, India, Far East Asia, and Africa

Accenture elevates Arundhati Chakraborty as group CEO of operations. Yusuf Tayob, who will leave the role as group chief executive of Operations to become the global Communications, Media, and Technology (CMT) industry practices chair at Accenture

Shriram Properties to focus on mid-segments; eyes doubling annual sales. Shriram Properties Ltd, the real estate division of the diversified conglomerate Shriram Group, would focus predominantly on medium housing segments as it aims to double sales volume, triple revenues over the next three years, a top official said on Friday

RBI imposes penalty of Rs 2.68 cr on UCO Bank violation of provisions. Reserve Bank of India on Friday said it has imposed a penalty of Rs 2.68 crore on UCO Bank for contravention of certain provisions, including on opening of current accounts, interest rate on deposits and frauds classification. The RBI has also imposed a pe

StartupTN got funding of Rs 80 cr, formed partnerships with 200 VCs: CEO. The Tamil Nadu government-backed StartupTN has secured funding of Rs 80 crore and has formed partnerships with over 200 venture capital firms, a top official said on Friday. The agency was actively working to bring in more venture capitalists to invest in

NCLT approves merger of Reliance-owned Viacom18 Media with Star India. The NCLT on Friday approved the scheme of merger of Reliance Industries-owned Viacom 18 Media -- the holding company of the group's media and entertainment assets -- with Star India. A two-member bench of the National Company Law Tribunal (NCLT) approved t

Decided against Samir's reappointment due to conduct: Godfrey Phillips. The firm's NRC cites breaches of fiduciary duties due to conduct both in and outside board meetings

Wipro appoints Srikumar Rao as global head of Engineering Edge biz line. Rao has been with Wipro for 26 years and has grown with the organisation, serving in various leadership roles. He was most recently the chief operating officer (COO) of Wipro Engineering Edge

HC asks for Centre's stand on plea over 'misbranding' of Patanjali product. The Delhi High Court on Friday sought the Centre's stand on a petition seeking action against the alleged misbranding of Patanjali's "Divya Dant Manjan" as a vegetarian product. The petitioner's counsel claimed that though the dental care product was being

Google Pay launches UPI Circle, other features at Global Fintech Fest 2024. UPI Circle on Google Pay is a feature designed to help users make digital payments without needing to link their own bank account

Rakesh Gangwal, family trust sells 5.83% stake in IndiGo for Rs 10,500 cr. InterGlobe Aviation promoter Rakesh Gangwal and his family trust have reduced their stakes in the airline by selling a combined 5.83 per cent shareholding for about Rs 10,500 crore. A total of 2.25 crore shares or 5.83 per cent holding in InterGlobe Aviati

LIC ordered to pay Rs 50 lakh to Covid policy premium payer's family. A district-level consumer disputes commission in Kerala has ordered Life Insurance Corporation (LIC), India's largest insurer, to pay Rs 50 lakh in compensation to the family of a policy premium payer who succumbed to COVID-19, citing the insurer's technic

NTPC receives shareholders' approval to raise up to Rs 12,000 crore. State-owned power giant NTPC on Friday said it has got shareholders' approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. "All resolutions proposed at the 48th Annual General Meeting we

FM Nirmala Sitharaman approves 'Navratna' status for four CPSEs. The Department of Public Enterprises (DPE) in its statement said that Rail Ministry India CPSE had an annual turnover of Rs 2,622 crore and a net profit of Rs 246 crore for FY 2023-24

ONGC Videsh in talks with Russia, US to regain control of projects. Sought special licence from US for Venezuela operations, rouble payments to Russia for Sakhalin

Rebel Food loss narrows to Rs 378 crore in FY24; revenue up 18.8%. Rebel Foods -- which owns Faasos, Behrouz Biryani, Oven Story and other cloud kitchens -- has reported a narrowing of its consolidated loss to Rs 378.21 crore in FY24, according to financial data accessed by the business intelligence platform Tofler. Its r

Singapore Airlines receives FDI approval for Air India-Vistara merger. Singapore Airlines on Friday said it has received approval from the Indian government for the foreign direct investment as part of the proposed merger of Vistara with Air India, a deal that will create one of the world's largest airline groups. With the cl

DGCA places Spicejet under surveillance after audit reveals deficiencies. A senior DGCA official said that based on reports of cancellation of flights and financial stress being experienced by Spicejet Airlines, a special audit was conducted

Adani Group invests Rs 2,000 crore in Dharavi redevelopment project. The Dharavi Redevelopment Project, the largest slum redevelopment initiative in Asia, will cover 640 acres in Mumbai. It is a joint venture between the Adani Group and the Maharashtra government

UK insurer Aviva conspired to dodge India compensation & tax rules: DGGI. In an attempt to grow operations, Aviva's India business paid about million between 2017 and 2023 to entities who purportedly provided marketing and training services

Cognizant puts up Chennai office on market, eyes up to Rs 800 crore deal. This property has been the company's India headquarters for over twenty years. It is spread over a 15-acre land parcel and comprises a four lakh sq ft office space

Wipro to resume campus hiring, aims for 22,000 freshers, excludes IITs/NITs. Wipro's recruitment efforts will focus on the lowest tier of its three-band hiring structure, with starting salaries of Rs 3.5 lakh per year for freshers from non-IIT and non-NIT engineering colleges

Mahindra Group, Sentrycs ink pact for development of anti-drone solutions. Mahindra Group and Israel's Sentrycs Ltd on Friday said they have signed a non-binding Memorandum of Understanding (MoU) to explore opportunities for developing and providing 'differentiated anti-drone solutions' in India. The solutions will cover civilian

Cabinet clears SIA's investment in Air India; Vistara to sunset on Nov 11. Vistara will maintain its aircraft, schedule, operating crew under its brand name until early 2025

Farewell Vistara! Airline to operate its final flight on November 11. Vistara-Air India merger: Vistara's final flight will take off on November 11, with all future bookings transitioning to Air India. Vistara will cease bookings for flights after that day

Balmer Lawrie eyes Rs 6K cr revenue by 2030, to hire consultant for growth. Diversified PSU Balmer Lawrie & Company is aiming at a revenue of Rs 6,000 crore by 2030 and is in the process of engaging a consultant to prepare a comprehensive growth plan, a top official said on Friday. The company, which operates across several busine

HDFC Bank to sell Rs 10k cr in loan portfolios via pass-through certificate. HDFC Bank will use a rare debt instrument known as pass-through certificates to sell loan portfolios worth up to Rs 10,000 crore (.2 billion)

BPCL plans refining, petchem projects over 5-7 years to meet energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4-5 per cent and 7-8 per cent in the 'foreseeable future'

Akums Drugs strengthens global presence with European market expansion. The decision to enter the European market comes at a time when the global pharmaceutical landscape is undergoing changes

Adani Ports to acquire 80% stake in Astro Offshore for 5 million. The company in a statement said the existing promoters of Astro will hold the remaining 20 per cent stake

LT Foods strengthens RTC, organic product lines for double-digit growth. The main markets for the company's organic range are Europe and America, which account for 85% of the brand's sales

Max Estates launches QIP, plans to raise Rs 800 cr for business growth. Realty firm Max Estates plans to raise Rs 800 crore by selling equity shares to institutional investors for the growth of business. In a regulatory filing on Thursday, Max Estates informed that an Investment and Finance Committee of the board approved laun

BPCL planning to setup refining-cum-petrochemical complex in 5-7 years. State-owned Bharat Petroleum Corporation Ltd (BPCL) is exploring setting up an oil refining and petrochemical complex over the next 5-7 years as it steps up capacity to meet India's rising energy demand, chairman G Krishnakumar told shareholders on Friday.

ED attaches Rs 834 cr land of Emaar India, MGF Developments under PMLA. The attached properties, spanning 401.65 acres in Gurugram and Delhi, are linked to an ongoing investigation into fraudulent land acquisitions

Toyota Kirloskar, Union Bank of India partner for vehicle loaning solutions. Toyota Kirloskar Motor on Friday said it has signed a memorandum of understanding (MoU) with Union Bank of India for providing vehicle financing solutions. Under the partnership, customers can get up to 90 per cent financing on the on-road price of any To

Zydus Lifesciences gets USFDA nod to mkt Scopolamine transdermal system. Zydus Lifesciences Ltd on Friday said it has received the final approval from the US Health regulator to market its Scopolamine transdermal system indicated to prevent nausea and vomiting under different circumstances. The approval granted by the US Food a

Sebi approves IIHL's acquisition of PMS business unit of Invesco AMC. Capital market regulator Sebi has granted its approval to Hinduja Group firm IndusInd International Holdings for the acquisition of Invesco AMC's portfolio management services business. According to sources, Sebi's approval marks the completion of a crucia

Zepto adds 0 million to basket; valuation at billion ahead of IPO. General Catalyst, Dragon Fund, Epiq Capital led the round

Nokia to set up world's largest fixed network testbed in Chennai. The centre, involving an investment of about Rs 450 crore, will be one of Nokia's largest research and development (R&D) laboratories (labs)

SBI's mega tier II debt issue may boost fundraising via such notes: Bankers. On Wednesday, India's largest lender SBI raised Rs 7,500 crore (4.1 million) through 15-year tier II bonds, with a 10-year call option at 7.42 per cent coupon

AI technology should not be a luxury reserved for a few, says Mukesh Ambani. Jio Brain unveiled to streamline AI

RIL boosts shares to record, Nifty logs longest gaining streak in 17 yrs. The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels

Reliance to commission first solar giga-factory this year: Mukesh Ambani. Reliance Industries Ltd, India's most valuable company, plans to commission its first solar giga-factory this year as part of a pivot towards green energy, its chairman Mukesh Ambani said on Thursday. The solar giga factory will include the manufacturing o

Deal with Disney marks new era in entertainment industry: Mukesh Ambani. A day after anti-trust regulator CCI greenlit the mega merger of media assets of RIL and Walt Disney, Reliance Chairman Mukesh Ambani on Thursday said the deal marks the beginning of a new era in India's entertainment industry. Welcoming Disney to the Reli

Jio aims to add a mn broadband homes every month, says Mukesh Ambani. Jio will aim to add a million broadband homes every month to achieve 100 million home broadband customers in a record time, RIL Chairman Mukesh Ambani said on Thursday. While speaking at RIL's 47th AGM, Ambani said JioAirFiber clocked first million custome

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