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NSE share market NEWS tomorrow (29 August, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 August, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 August 2024

Pnb Housing was amongst the top gainers, currently trading at 946.90 in NSE with 1.708 times change in volumes and 4.92% change in price. Other gainers included Amber Enterprises with 4.051% price change and 5.601 times volumes, One 97 with 3.067% price change and 1.513 times volumes, Power Finance with 2.819% price change and 1.681 times volumes, and Bajaj Finserv with 2.46% price change and 3.814 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.

Central Depo was amongst the top losers, currently trading at 1431.40 in NSE with 1.536 times change in volumes and -4.142% change in price. Other losers included Tata Elxsi with -3.708% price change and 0.417 times volumes, Kfin Technologies with -3.634% price change and 0.408 times volumes, Tube Invest with -3.602% price change and 1.542 times volumes, and Pg Electroplast with -3.524% price change and 1.82 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.

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

Jio now world's largest data company, carries 8% of global traffic: Ambani. JioAirFiber, the company's 5G-based home Wi-Fi service launched in October last year, acquired 1 million customers in the first six months, and the next 1 million in succeeding 100 days, Ambani said

Eicher launches programme to incentivise customers scrapping old vehicles. Eicher Trucks and Buses, a business unit of VE Commercial Vehicles, on Thursday said it has launched a programme to incentivise customers for scrapping old vehicles to purchase new trucks and buses. Under the terms of the scheme, buyers of new vehicles hol

Ashok Leyland unveils GARUD 15M bus chassis, commercial launch in Q4FY25. Leading commercial vehicle manufacturer Ashok Leyland on Thursday announced unveiling its pioneering GARUD 15M bus chassis at Prawaas 4.0 in Bengaluru. The Hinduja Group flagship company unveiled the chassis at the event organised by Bus & Car Operators Co

DGCA puts SpiceJet under enhanced surveillance, to increase spot checks. Aviation watchdog DGCA on Thursday decided to place crisis-hit SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure the safety of the airline's operations. Based on reports of cancellation of flights

Gillette India Q1 results: Net profit increases 26.4% to Rs 116 cr. Shaving products maker Gillette India Ltd on Thursday reported a 26.4 per cent rise in profit after tax (PAT) to Rs 115.97 crore for the June quarter. The company, which follows the July-June financial year, had reported a profit of Rs 91.75 crore in the y

NBCC sells commercial properties worth Rs 14,800 cr in Delhi on govt behalf. State-owned NBCC (India) Ltd on Thursday said it has completed the sale of commercial properties worth around Rs 14,800 crore in the national capital on behalf of the government. In a regulatory filing, the company said it has completely sold office space

SBI working on new version of digital banking platform: Dinesh Khara. Former SBI Chairperson Dinesh Khara on Thursday said the country's largest lender is working on a new version of its digital banking platform to take care of its customers' requirements and preferences. In his special address at the Global Fintech Fest 202

Infosys, Nvidia expand ties to develop GenAI-powered solutions for telcos. Infosys on Thursday said it has expanded its partnership with American chipmaker NVIDIA to develop GenAI-powered solutions for telecom operators. The IT major has developed three generative AI solutions powered by its AI-offering Topaz, which make use of N

NHPC secures shareholders nod to hike borrowing limit to Rs 50,000 cr. State-owned NHPC has received shareholders nod to raise its borrowing limit to Rs 50,000 crore in its annual general meeting held on Wednesday. "All resolutions set out in the notice of 48th AGM were duly approved by shareholders with requisite majority,"

Govt receives Rs 5,091 cr from Indian oil corp as dividend tranche. The government has received about Rs 5,091 crore from Indian Oil Corp as dividend, the Department of Investment and Public Asset Management (DIPAM) said on Thursday. The "Government has received about Rs 5,091 crore from Indian Oil Corporation Ltd (IOCL) a

SaaS major Zoho forays into fintech space, launches Zoho Payments. According to the ministry of finance data, digital payment transactions volume reached a staggering Rs 11,660 crore in 2023 from Rs 3,134 crores in 2018-19

LIC receives demand notice of Rs 605.58 cr for short payment of GST. Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped a demand notice of about Rs 605.58 crore on it for short payment of Goods and Services Tax (GST) for financial year 2019-20. The corporation has received a communicatio

GE Power India announces appointment of Puneet Bhatla as new MD from Sep. GE Power India on Thursday announced the appointment of Puneet Bhatla, Executive - Business Operations services as its Managing Director effective September 1. "...Puneet Bhatla (Executive - Business Operations services), Ashutosh Gupta (Executive - Sourc

Cash crisis: SpiceJet puts 150 cabin crew on furlough for 3 months. The airline, which has been making losses for the last six years, has been finding it difficult to pay employee salaries, sources mentioned

Tencent sells 2.1% stake in PB Fintech for Rs 1,668 cr; SBI MF, SocGen pick. Chinese conglomerate Tencent on Thursday sold a 2.1 per cent stake in PB Fintech, the parent company of Policybazaar, for Rs 1,668 crore via open market transactions, while SBI Mutual Fund (MF) and Societe Generale (SocGen) picked up stake in the company.

Biocon inks pact with Janssen to commercialise biosimilar products in Japan. Biocon Biologics on Thursday said it has inked a pact with Janssen for launching a biosimilar medication for the treatment of autoimmune diseases in Europe, the United Kingdom, Canada, and Japan. The company, a subsidiary of Biocon Ltd, has inked a settlem

IPO-bound Reliance Retail grants ESOPs worth Rs 351 crore to top employees. The Mukesh Ambani-owned company is cemented as the largest retailer in India and has 304 million registered customers

Hyundai plots SUV rollout in India as local competition mounts ahead of IPO. The SUV rollout will begin with its first India-made electric vehicle early next year

Biocon Biologics secures deal with Janssen to launch biosimilar Bmab 1200. Agreement clears way for Indian company to launch treatment in Europe, Canada and other markets

Godrej Enterprises plans to invest Rs 4,000 crore in expansion, real estate. Executive Director Nyrika Holkar said the new investment aims to enhance the scalability of GEG's diverse businesses and refine its organisational culture to focus on agility and performance

DGCA suspends approval for flying training firm Alchemist Aviation. Aviation watchdog DGCA has suspended the approval for Alchemist Aviation following an audit done in the wake of a fatal trainee aircraft accident that found the flying training organisation being non-compliant with regulations. The move comes less than two

Godfrey Phillips faces crisis over leadership dispute and board changes. Samir Modi says he would be willing to sell Godfrey Phillips if it could end the family feud arisen since the death of KK Modi in 2019

Swiggy appoints Amitesh Jha as CEO of grocery delivery arm Swiggy Instamart. Amitesh Jha previously worked with Flipkart for nearly 14 years before joining Swiggy's 10-minute delivery platform

JSW Neo Energy bags additional 400 MW wind-solar hybrid project from MSEDCL. JSW Energy on Thursday said its wholly-owned subsidiary JSW Neo Energy has secured an additional 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL). Subsequent to this, the cumulative capacity allotted to JSW

M3M India, OYO sign agreement to launch 'SUNDAY' branded hotel in Gurugram. Realty firm M3M India and Oravel Stays, which is the parent company of OYO Hotels & Homes, have signed an initial agreement to launch a premium hotel under 'SUNDAY' brand in Gurugram. In a statement, M3M India said it has signed a Memorandum of Understandi

Edtech firm ODA Class raises 0K from Singapore, China-based investors. Edtech firm ODA Class said on Thursday it has raised USD 500 thousand (about Rs 4 crore) in a fresh funding round from Singapore and China-based investors. Skywalker Education Technology Co Ltd. (Singapore), Hong Kong-based Daituzi Education Technology Cor

Tata shelves plans for IPO of media unit after buying out Temasek. Tata may seek a valuation of more than billion for the entertainment business in any potential share sale

Suraksha Group earmarks 2,552 acre of land for Jaypee Infratech lenders. Suraksha Group, which has acquired Jaypee Infratech Ltd (JIL) through insolvency process, has identified 2,552 acre of land parcels for lenders of the bankrupt realty firm in accordance with the resolution plan. On June 4, Suraksha Group took control of JI

IndiGo cofounder Gangwal sells .3 bn worth stake near record high. Gangwal has a fortune of .9 billion after adding .8 billion this year, according to the Bloomberg Billionaires Index, with one-third of that move coming in the past 10 days alone

Swiggy ropes in former Flipkart executive Amitesh Jha as Instamart CEO. Reshuffle of the top deck comes ahead of food delivery major's IPO

CK Birla group firm Birla Fertility & IVF to invest Rs 500 cr in 2-3 yrs. The USD 3-billion CK Birla group company Birla Fertility & IVF is looking to invest Rs 500 crore in the next 2-3 years as it seeks to capture a larger share in the domestic market, a company statement said on Thursday. Birla Fertility & IVF, which is the t

'Not in the business of hoarding wealth': Mukesh Ambani addresses 47th AGM. Reliance Industries Chairman Mukesh Ambani addressed the 47th Annual General Meeting, in which he reiterated the company's commitment to the nation's growth

Tech Mahindra, Marshall partner to drive advancement in aerospace, defence. IT major Tech Mahindra on Thursday said it has inked a pact with UK-based engineering service provider Marshall Group to combine their digital solutions and engineering capabilities to spur advancements in aerospace and the defence industry. Tech Mahindra

Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 cr. Realty firm Macrotech Developers Ltd has acquired a 100 per cent stake in Opexefi Services and One Box Warehouse for nearly Rs 100 crore as part of its strategy to grow the development business of industrial & warehousing parks. Macrotech Developers Ltd, w

TCS expands partnership to transform Primark's tech operations over 5 years. TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

RIL AGM: Board to consider issuing 1:1 bonus shares on September 5. The promoter did not share any details on any potential listing for the company's retail and telecom divisions, a key announcement that the street was hopeful for

Zomato gets GST tax demand notices over Rs 4.59 cr from TN, WB authorities. Online food delivery platform Zomato has received GST tax demand orders of over Rs 4.59 crore, including applicable interest and penalty, from Tamil Nadu and West Bengal authorities. The company said it plans to appeal against the demand orders passed by t

Cybersecurity issues biggest concern for MFs: Zerodha CEO Nithin Kamath. Nilesh Shah, MD of Kotak Mahindra Asset Management Company, said the industry should leverage technology so that those not so digitally savvy are not excluded and digital frauds are minimised

DGCA slaps Rs 10 lakh fine on Air India Express for not paying compensation. Aviation regulator DGCA on Thursday imposed a penalty of Rs 10 lakh on Air India Express for non-payment of compensation to passengers for cancelled flights. The Directorate General of Civil Aviation (DGCA) carried out an inspection as per Annual Surveill

Reliance Retail targets doubling business in 3-4 years, says Isha Ambani. In her speech, she said, "With the strong foundation we have built, I am confident that we will achieve our goal of doubling our retail business in the next 3 to 4 years."

Adani Enterprises to raise up to Rs 800 cr as non-convertible debentures. The majority of the proceeds from the issue will be utilised to prepay or repay, in full or in part, the existing debt, and up to 25 per cent for general corporate purposes

Adani Enterprises to launch maiden public NCD issue worth Rs 800 crore. Adani Enterprises' first public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) will be available for subscription from September 4-17

35 Indian fintechs prepare for IPO rush as market competition intensifies. IPO filings have surged, nearly doubling from an average of 75 per year in 2018-2019 to 120-140 annually between 2021 and 2023, according to a new report

Reliance announces green energy-powered data centres for AI in Jamnagar. During the Reliance AGM, Mukesh Ambani said that under Reliance Jio's 'AI everywhere for everyone' vision is aimed offering AI and related services to Indians at affordable rates

Google Cloud, Wipro partner to use Gemini Code Assist to boost productivity. Google Cloud on Thursday said it has partnered with IT firm Wipro to integrate Gemini Code Assist into the latter's development workflows. Gemini Code Assist is an AI-powered collaborator that helps developers write, review, and debug code more efficiently

Union Bank freezes accounts of telecom firm MTNL over non-payment of dues. Union Bank of India has frozen all accounts of state-run telecom company MTNL for non-payment of dues, a regulatory filing said on Wednesday. Union Bank of India informed the company on August 21 about freezing of all its accounts over non-payment of loans

Vedanta board to meet next week to consider third interim dividend. Anil Agarwal-led Vedanta Ltd on Wednesday said its board will meet next week to consider and approve the third interim dividend for the ongoing financial year. Last month, the company approved the second interim dividend for 2024-25. "...the meeting of the

Moody's maintains stable outlook for Tata Steel, expects improved earnings. Moody's Rating on Wednesday said it has maintained a stable outlook on Tata Steel, expecting the domestic steel major to improve its earnings over the next two financial years. In a report, Moody's said it expects Tata Steel's consolidated EBITDA to be aro

IIHL concerned over GST liability for RCap resolution plan implementation. Hinduja Group-owned IndusInd International Holdings on Wednesday contended before the National Company Law Tribunal that the GST liability of Rs 850 crore is a sticky issue in the implementation of Reliance Capital's resolution plan. Senior counsel Abhishe

Chhattisgarh-based SECL speeds up process for employment to landowners. In 2022-23, the company provided employment to 704 landowners, while in the previous financial year, 707 landowners were provided jobs, which is the highest figure in the last 10 years

Will strive to make SBI most valued financial institution: Chairman Setty. State Bank of India (SBI) will strive to become the most valued financial institution and also increase its net profit, the lender's new Chairman, C S Setty said on Wednesday as he asserted that this is India's decade. Soon after taking charge of the natio

Construction firm BCD Group appoints Ashwinder R Singh as VC, CEO. BCD Group, which is into construction and real estate development, has appointed Ashwinder R Singh as Vice Chairman and CEO of the company. Angad Singh Bedi, the current Managing Director, has been elevated to Chairman and Managing Director. Before joining

Adani Ports to set up 2 projects in MP with Rs 3,500 cr investment. Adani Group firm APSEZ on Wednesday announced setting up a 2 million tonne capacity cement grinding unit in Guna and a propellant production facility at Shivpuri in Madhya Pradesh with a total investment of Rs 3,500 crore. Adani Ports and Special Economic

BharatPe launches UPI offering, taps into consumer payments segment. Fintech platform BharatPe on Wednesday announced the launch of its UPI TPAP (third-party application provider) to facilitate consumer digital payments. Earlier, BharatPe provided merchant-to-merchant digital payment services. The company has also rebranded

Oyo reports Rs 132 cr in Q1 profits, aims for Rs 700 cr in full year FY25. In the US, Agarwal said that Oyo is opening a new property every three days, reflecting very strong momentum in the world's largest economy

With 1 more ship, LNG under new pacts to be imported from 2026: Gail. State-owned gas utility GAIL (India) Ltd will start importing LNG under two new contracts from 2026 and has added one more ship to transport the fuel, its Chairman Sandeep Kumar Gupta said on Wednesday. The company had in January this year signed back-to-b

SBI raises Rs 7,500 cr via tier 2 bonds to meet regulatory needs, others. May look at another round of Tier II bond issuance as yields soften

Private equity player GQG Partners hikes stake in GMR Airports to 5.17%. Private equity player GQG Partners has hiked its stake in GMR Airports Infrastructure to 5.17 per cent by snapping up additional shares worth over Rs 433 crore through open market transactions. GQG Partners, also a key investor in Adani Group, purchased 0.

Paytm Payments gets govt nod; can now resubmit its PA application. The company said that, in the meantime, PPSL will continue to provide online payment aggregation services to existing partners.

Infosys joins Stanford affiliate programme to speed AI research initiatives. Infosys on Wednesday said it has joined hands with Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI) to help accelerate AI research initiatives. The IT major will become a part of the institute's Corporate Affiliate Pr

MUFG Bank expects over 25% growth in India biz; to focus on large cos. Shashank Joshi, MUFG's deputy chief executive officer and head of global corporate and investment banking in India, said the bank has an exposure of about billion in India

RIL-Disney India merger worth .5 billion receives approval from CCI. Combined entity now India's largest entertainment conglomerate, with a portfolio of 120 channels and two streaming services

MarketsMojo announces launch of MOJOMF distribution service platform. Fintech platform MarketsMojo on Wednesday announced the launch of its mutual fund investment and distribution services platform MOJOMF. The platform will be a complete advisory solution on mutual funds with guidance on how to generate alpha on investments.

Tanishq, De Beers collaborate to push sale of natural diamonds in India. This has also caused India to replace China as the second-largest market in the world for natural diamond jewellery

P&G Q4 results: Profit after tax down 46% at Rs 81 cr on high spending. Procter & Gamble Hygiene and Health Care Ltd (PGHH) on Wednesday reported 46.40 per cent decline in profit after tax at Rs 81.06 crore for June quarter 2024 on account of increased spending. The company, which follows July-June financial year, had reported

Power Grid acquires project-specific SPV for power evacuation in Rajasthan. Power Grid on Wednesday said it has acquired a project-specific special purpose vehicle for evacuation of power from Bhadla-III power station in Rajasthan. In a BSE filing, Power Grid said it emerged as the successful bidder for the said project after comp

Zee to push for global reach of DP World ILT20, targets premium advertisers. For advertisers, Sehgal said that ZEEL is focused on creating value as the consumer base consists predominantly of high-income groups in the UAE

Operations in Bangladesh stabilised, people rejoining factory: Emami CFO. Homegrown FMCG major Emami has said its operations in Bangladesh have stabilised as people have rejoined the factory and production has resumed. Replying to queries at the AGM, Emami CFO Naresh Bhansali said the business was impacted in Bangladesh due to p

Bank-fintech tie up will boost innovation, risk management: RBL CEO. The experience of banks and non-banking financial companies (NBFCs) in risk underwriting and risk assessment will help in improving customer experience

Square Yards Q1FY25 results: PAT rises 66% to Rs 25 cr on high income. Square Yards, which is mainly into housing and home loan brokerage business, has reported 66 per cent increase in gross profit at Rs 25 crore for June quarter FY25 on higher income. Its gross profit stood at Rs 15 crore in the year-ago period. Total revenu

Satish Vadugiri named interim chairmen for IOC, Rajneesh Narang for HPCL. The government on Wednesday named interim chairmen for top oil firms, Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL), as appointment of full-time heads is work in progress. Satish Kumar Vaduguri, Director (Marketing), IOC has b

Delhi HC overturns AAR ruling on Tiger Global-Flipkart transaction. Tiger Global had sold its stake in Flipkart to Walmart during the year. It claimed exemption from capital gains tax on the sale under the DTAA

L&T Semiconductor, C-DAC sign pact to jointly work on indigenous chip tech. L&T Semiconductor Technologies has signed a memorandum of understanding with government-backed Centre for Development of Advanced Computing for jointly working to develop local chip technology and the ecosystem around it, according to a statement on Wednes

Unlocking shareholder value through demergers, boosting profitability. Demerger strategies enable businesses to focus, grow, and boost investor returns

Vodafone Idea asked to pay Rs 15.19 cr GST along with Rs 1.51 cr penalty. GST office in Patna has ordered debt-ridden Vodafone Idea to pay Rs 15.19 crore, along with a penalty of Rs 1.51 crore, for allegedly availing of input tax credit it was not eligible for in FY20 and FY21, a regulatory filing said on Wednesday. Vodafone Ide

Adani Enterprises to issue 1st-ever public bond next wk to raise Rs 800 cr. The company will sell bonds of multiple maturities including two years, three years and five years. However, it did not disclose what the funds would be used for

Bikaji says 'not for sale' amid investor interest in domestic snacks market. Bikaji is not for sale. Whatever price someone offers, there are certain things that are not for sale, Chief Operating Officer Manoj Verma said earlier this month

Tata Motors turns to Chinese supplier to boost EV battery performance. This strategic move by Tata Motors comes amid industry-wide challenges in the EV market, including a decline in sales and increased competition

Nvidia CEO Jensen Huang's experience as 'dishwasher' goes viral on LinkedIn. Jensen Huang founded Nvidia, the world's leading AI chipmaker in 1993. Before that, he worked as a dishwasher and waiter at an eatery called Denny's from 1978 to 1983

Bachchan family office joins quick commerce frenzy with Swiggy stake. Swiggy deals in online food delivery and quick grocery delivery services segment. The development comes amid heightened investor interest in the industry, due to high demand for such services

Amazon gears up for quick commerce entry in India, eyes 2025 rollout. Amazon is set to enter the quick commerce arena in India with a planned rollout in the first quarter of 2025, aiming to capitalise on the booming sector that Flipkart recently tapped into

Ahmedabad-based Aeron Composite raises Rs 15.17 crore from anchor investors. Fibreglass reinforced polymer products supplier Aeron Composite Ltd has said it has raised Rs 15.17 crore from the anchor investors. The Ahmedabad-based company has allotted 12,14,000 equity shares to as many as 10 fund schemes at Rs 125 per share, the upp

Hyundai Motor eyes 30% rise in sales by 2030 as it doubles hybrid lineup. The world's No. 3 automaker by sales, along with affiliate Kia Corp, announced its mid- to long-term goals and strategy at its CEO Investor Day

VC funding for Indian startups up 42% to .3 bn in Jan-July: GlobalData. Investment growth despite a cautious global investment climate, says analytics company

Sebi bans Rana Sugars' promoters from mkt for 2 yrs; imposes Rs 63 cr fine. Markets regulator Sebi has debarred 14 entities including, Rana Sugars promoters' and other related entities from the securities markets for two years and slapped a Rs 63-crore fine on them on charges of diversion of funds. The regulator also prohibited In

Viacom18's JioCinema to live-stream Paralympic Games Paris 2024. Viewers will be able to catch the opening ceremony tonight at 11:30 PM IST and live action from the Paralympic Games Paris 2024 from August 29 at 12 noon onwards

Committed to double-digit growth in FY25, exploring opportunities: Emami. Home-grown FMCG major Emami is looking for double-digit growth in the current fiscal year and will keep exploring inorganic and strategic opportunities to enter into new product categories, its Chairman R S Goenka said. Emami's focus will be to grow revenu

Awfis, Nyati Group signs largest managed aggregation deal of 300K sqft. With the latest addition, Awfis now has half a million square feet of Grade-A flexible workspace with Nyati Group

Mahindra & Mahindra in Rs 10.87 crore tax dispute with I-T department. Automaker Mahindra & Mahindra has a sum of Rs 100.63 crore set aside as a contingent liability

Telangana, Andhra Pradesh, Karnataka vie to host Foxconn's new facilities. Southern states have all made offers to Foxconn to establish large industrial parks or townships, as the Apple manufacturer eyes expansion in India

Volkswagen's passenger car brand struggles to meet cost-cutting target. The brand was 2-3 billion euros short of its savings goal for this year, two sources who declined to be named told Handelsblatt

Uptick in auto demand, improvement in microfinance likely: L&T Finance. L&T Finance on Wednesday said it is expecting a decent uptick in automobile demand during the festive season on the back of good monsoon and is hopeful of a reasonable improvement in the microfinance segment in the second half of the current fiscal. "Of la

Vedanta to establish two not-for-profit industrial parks: Anil Agarwal. Industrialist Anil Agarwal states that an industrial park can greatly increase the competitiveness of manufacturing while bringing down the cost of transporting raw material

ClearTax, Microsoft team up to simplify tax filing by gig workers. Online tax-filing platform ClearTax on Wednesday said it has partnered with Microsoft to develop a simplified solution that allows gig workers across India to file their taxes through WhatsApp. ClearTax has used Microsoft Azure OpenAI Service to develop a

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