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NSE share market NEWS tomorrow (19 August, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (19 August, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 August 2024

Iifl Holdings was amongst the top gainers, currently trading at 454.05 in NSE with 14.671 times change in volumes and 12.125% change in price. Other gainers included Angel One with 8.381% price change and 10.863 times volumes, Computer Age with 6.417% price change and 2.893 times volumes, Varun Beverages with 6.087% price change and 0.885 times volumes, and Pg Electroplast with 6.07% price change and 0.901 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.

Mazagon Dock was amongst the top losers, currently trading at 4724.75 in NSE with 0.94 times change in volumes and -5.029% change in price. Other losers included Hindustan Zinc with -4.655% price change and 2.334 times volumes, Kalyan Jewellers with -4.084% price change and 4.312 times volumes, Apl Apollo with -3.591% price change and 1.607 times volumes, and Mahindra Mahindra with -2.651% price change and 0.571 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.

After forensic analysis, WazirX blames wallet provider for crypto heist. Liminal clarifies its systems were not compromised

Lava eyes larger share in India's smart wearables amid declining market. This comes after India's wearable device market declined for the first time ever, by 10 per cent year-on-year (Y-o-Y) to 29.5 million units in the second quarter (Q2) of calendar year 2024

Murugappa Group FY24 results: Net profit rises 15.2% to Rs 7,885 crore. During the year, the group's return on equity for its financial services businesses improved marginally to 19.2 per cent from 19 per cent in the previous year

Brand matters: Anil Ambani's firm moves NCLT against IIHL using 'Reliance'. According to the family agreement, the brand is owned equally by brothers Mukesh and Anil

LIC offloads 2.09% stake in Hindustan Copper for Rs 447 cr via open market. Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction. The insurance behemoth has sold a total of 2,01,62,682 shares, or 2.085 per cent

Kellanova acquisition likely to be a sweet truth for Mars in India. Experts say Mars stands to gain with Kellogg's rural reach and also have a larger portfolio to offer in modern trade, e-commerce

Tata Consumer Products closes Rs 3,000 cr rights issue after 14 days. Tata Consumer Products Ltd on Monday said it has closed its rights issue of Rs 3,000 crore. The company had opened the issue on August 5, Tata Consumer Products Ltd (TCPL) said in a regulatory filing. The meeting of the capital raising committee of the boa

Pine Labs secures NCLT approval to merge domestic, Singapore entities. The development comes as the Singapore-based digital payments company is shifting its domicile back to India. The cost of the reverse flipping could not be ascertained

Adani Group touts cash, says enough liquidity for 30 months debt payment. Billionaire Gautam Adani's port-to-energy conglomerate on Monday said it has enough cash to cover more than 30 months of debt payments and that its businesses are firing on all cylinders. Cash balance accounted for 24.8 per cent of gross debt of Rs 2.41 la

Slice gets NCLT nod for its merger with North East Small Finance Bank. This paves way for official merger, combining Slice's digital prowess with North East Small Finance Bank's banking expertise to deliver a superior financial experience to Indian consumers, it said

HCLTech appoints Shiv Walia as new CFO, Prateek Aggarwal to step down. Walia is a graduate in Commerce from SRCC, Delhi, a cost accountant, and a chartered accountant from both India and Australia

Vedanta estimated to have raised Rs 3,200 cr from OFS of subsidiary HZL. Mining conglomerate Vedanta Ltd is estimated to have raised around Rs 3,200 crore from the offer for sale (OFS) of subsidiary Hindustan Zinc Ltd. The offer for sale (OFS) of Vedanta group firm Hindustan Zinc Ltd received a strong response from retail and i

Torrent Power moves NCLAT against Sarda Energy's bid approval for SKS Power. Torrent power has moved the appellate tribunal NCLAT against the approval of Sarda Energy and Mining's resolution plan for the debt-ridden SKS Power Generation. Earlier on August 13, the Mumbai-based bench of the National Company Law Tribunal (NCLT), while

Need to hike provision for deferred tax by Rs 211 cr, says Bajaj Auto. Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus fun

Adani Power to acquire Reliance Power's Butibori plant in Rs 3,000 cr deal. The deal is expected to be valued between Rs 2,400 crore and Rs 3,000 crore; Adani Power is negotiating with CFM Asset Reconstruction Co to acquire the project under Vidarbha Industries Power Ltd

RIL eyes JioCinema as sole OTT platform post Star-Viacom18 merger deal. In February this year, RIL and Disney agreed to merge Star and Viacom18, forming an .5 billion media giant with over 100 channels and two streaming platforms

Aurobindo Pharma to commercialise China plant in 3rd quarter of FY25: CFO. Aurobindo Pharma expects its China facility to commence production in the next quarter with full-scale output anticipated only in the next fiscal year, according to Chief Financial Officer Santhanam Subramanian. The Hyderabad-based drug major plans to star

Expect strong demand, occupancy in Q3, Q4 after subdued 1st qtr: EIH Ltd. Hospitality major EIH Ltd expects strong demand and occupancy in the third and fourth quarters of this fiscal after witnessing moderation in the April-June period due to elections and heatwave, according to its Managing Director and CEO Vikram Oberoi. The

Adani group EBITDA surges 33% in Q1, leverage at 2.2x at multi-year low. Billionaire Gautam Adani's ports-to-energy conglomerate saw June quarter pre-tax profit surge by 33 per cent on back of strong performance by core infrastructure business as also emerging businesses ranging from solar and wind manufacturing to airports. "E

Keystone Realtors eyes 32% growth in housing sales this year: CMD. Keystone Realtors has set a target of 32 per cent growth in its sale bookings this fiscal to Rs 3,000 crore on strong housing demand and is hopeful of crossing this number, its Chairman and Managing Director Boman Irani said. Keystone Realtors, which sells

Murugappa Group results: Net profit increases 15.2% to Rs 7,885 cr. The Murugappa Group has reported a 15.2 per cent jump in its profit after tax for the year ending March 31, 2024 at Rs 7,885 crore. The city-based diversified conglomerate had reported a profit after tax of Rs 6,846 crore during the corresponding period of

Piramal Enterprises shares gain over 3% on stake increase by promoter group. The company said that the acquisition of shares aligns with the promoters' belief in its growth trajectory, further reflecting their trust in the company's business fundamentals

CSR unspent funds at a five-year high of Rs 1,475 cr in FY23, shows data. This data covers all companies listed on the NSE and those exclusively listed on BSE with a market capitalisation exceeding Rs 1,000 crore

SpiceJet's domestic market share drops to just 3.1% in July: DGCA data. SpiceJet had recorded a market share of 16 per cent in March 2020, just before COVID-19 spread across India. The airline has been recording losses for the last six years

Marlabs expects to grow its data and AI biz by 50% in 2-3 years: CEO. In January, Collins announced Marlabs' plans to hire about 500 employees in India to churn out double revenue growth in the next three years

Air India cabin crew assaulted at London hotel, airline begins probe. A female cabin crew member of Air India was allegedly assaulted by an intruder at a London hotel earlier this week, according to sources. The airline is pursuing the matter with the local police. In a statement, an Air India spokesperson said it was "deepl

Confident of outperforming industry in domestic, global markets: TVS Motor. TVS Motor Company expects to grow faster than the competition across domestic and international markets this fiscal riding on the back of new product launches and strengthening of operations across key regions, according to CEO KN Radhakrishnan. He noted t

BPCL plans to invest Rs 1.7 trn to expand core business, new energy foray. State-owned Bharat Petroleum Corporation plans to invest Rs 1.7 lakh crore over the next five years to grow its core oil refining and fuel marketing business as well as in 'future big bets' of petrochemicals and green energy, its chairman G Krishnakumar ha

LIC agents earn Rs 10k a month in HP, Rs 20k/month in Andaman & Nicobar. LIC agents on an average earn Rs 10,328 per month in Himachal Pradesh, the lowest among the insurer's agents in all states and UTs. According to data provided by LIC to the Finance Ministry, the average monthly income was the highest at Rs 20,446 a month f

Witnessing J-curve growth, ITI Mutual Fund eyes Rs 1 trillion AUM in 5 yrs. ITI Mutual Fund said that it is at an "inflection point of 'J' curve growth," aiming to reach an AUM of Rs 1 lakh crore within the next five years, driven by India's robust macroeconomic fundamentals. A J-curve illustrates a trend that initially dips sharp

Consumption to revive in coming qtrs, e-commerce to drive growth: Bata CEO. Terming "sluggish consumption" as "temporary", leading shoemaker Bata expects a revival in coming quarters, helped by festive season demand and retail expansion, according to its India Managing Director and CEO Gunjan Shah. The company expects e-commerce,

KRN Heat to float initial share sale in Sep, collects Rs 9.54 cr in pre-IPO. KRN Heat Exchanger and Refrigeration Ltd is likely to come out with its initial share sale next month, and funds will be used for expansion plans, market sources said on Sunday. On Saturday, the company announced raising Rs 9.54 crore by a pre-IPO (initial

Entry-level pay for engineers at Rs 4-12 lakh, best in industry: Cognizant. Facing social media backlash over the Rs 2.52 lakh annual salary offer for freshers, IT giant Cognizant on Sunday said it offers Rs 4-12 lakh salary to fresh engineering graduates, and the salary being quoted on social media is for non-engineering undergra

Macrotech net debt rises 43.5% to Rs 4.3K cr in Q1 on higher capex for land. Realty firm Macrotech Developers Ltd's net debt rose 43.5 per cent to Rs 4,320 crore during the first quarter of this fiscal year due to higher investment in land acquisition and construction. Mumbai-based Macrotech Developers, which sells its projects und

US-based Burger King loses infringement suit against namesake Pune eatery. US giant Burger King Corporation has lost a 13-year-old legal battle against its namesake eatery in Maharashtra's Pune after a district court here dismissed a suit filed by the company alleging trademark infringement. Pune district judge Sunil Vedpathak, i

Improving low-cost deposit mobilisation focus area for bank: Canara Bank MD. Improving CASA or low-cost deposit mobilisation is the focus area for the Canara Bank, and efforts taken in the direction are yielding results, its Managing Director K Satyanarayana Raju has said. "Current Account Savings Account (CASA) stood at 31 per cen

Foxconn working to set up battery energy storage system unit in India. Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a Battery Energy Storage System unit in India, its chairman Young Liu said here. With an eye on the electric vehicle segment, Foxconn has been expanding its battery manufacturi

Diageo submits financial documents in Delhi police corruption investigation. The documents submitted included certain bank statements, records of financial dealings with the Delhi city agencies

Qcom goes international to cash in on last-minute Raksha Bandhan gifting. Blinkit and Zepto are expanding their operations and offering consumers chances to win cars, iPhones, TVs, luxurious overseas stays

Cognizant clarifies fresher salary issue, says 'grossly misrepresented'. The IT firm faced significant online backlash over the internet for its low fresher salary offering, with many comparing it to 2002 levels

Foxconn business in India crosses bn mark; invests .4 bn till date. iPhone contract manufacturer Foxconn's business in India has grown to over USD 10 billion till 2024, its chairman Young Liu said here. Foxconn has invested USD 1.4 billion in India till date, according to the company. "So far, till last year, we have done

IndiGo's median salary increase drops to 4.42% in 2023-24: Annual reports. Airline sources stated that the growth was higher in 2022-23 because the airline was normalising the remuneration of employees who had suffered salary cuts during the peak of the COVID-19 pandemic

Hero MotoCorp gets over Rs 17 cr tax notice from Delhi GST authorities. Hero MotoCorp on Sunday said it has received a demand notice of over Rs 17 crore from Delhi GST authorities. The company has received an order dated August 17, 2024, for disallowance of input tax credit for FY 2019-20 from the Office of the GST Officer, Go

Disney, RIL may shut some Hindi, regional channels for CCI merger approval. To gain approval, the companies are considering closing some secondary Hindi general entertainment channels while keeping their primary GECs, Star Plus and Colors operational within the merged entity

Omaxe Q1 results: Net loss widens to Rs 147.44 cr on rise in expenses. Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 147.44 crore in the first quarter of this fiscal year on higher expenses. The company's net loss stood at Rs 106.32 crore in the year-ago period. The total income increased to Rs 385.23 crore i

Aim for carbon neutrality in scope 1, 2 emissions by FY32: ICICI Bank. In its ESG report 2023-24, ICICI Bank says it has allocated Rs 5.19 billion for corporate social responsibility (CSR) activities in financial year 2024, up from Rs 4.63 billion the previous year

Over 58% of blue-collar jobs pay less than Rs 20,000 per month: Report. Majority of blue-collar jobs in India pay within the salary range of Rs 20,000 or less per month, suggesting that a substantial portion of the workforce is grappling with financial strain, struggling to meet essential needs such as housing, healthcare, and

National Insurance Company aims for Rs 100-200 cr profit in FY25. Public sector general insurer National Insurance Company Ltd (NIC) is aiming at a return to profit in the current 2024-25 fiscal, after incurring losses for nearly a decade, an official said on Saturday. The company is expecting Rs 100-200 crore profit thi

As Foxconn looks to up India play, 3 South states roll out red carpet. The firm is reportedly looking beyond smartphones and considering segments like ICT, EVs

Foxconn chief defends hiring process after report of married women rejected. The chairman of the Taiwan-based iPhone contract manufacturer was speaking at the inaugural ceremony of its women-only residential complex here

Amid deposit mobilisation issues, Canara Bank on expansion mode: MD Raju. Canara Bank chief executive and managing director K Satyanarayana Raju on Saturday said here that the bank is concentrating on expanding its business by launching new branches as deposit mobilisation has become a challenge in India nowadays. The chief exec

Maruti to increase deferred tax liability provision by Rs 850 cr in Q2. Maruti Suzuki India on Saturday said it would need to increase provision for deferred tax liability by around Rs 850 crore due to the withdrawal of indexation benefit while calculating long-term capital gains on debt mutual funds. The company was making ac

BPCL sets up first-of-its-kind biofuel blend bunker at Mumbai port. Public sector oil marketing firm BPCL on Friday said it has set up a biofuel blend High Flash High-Speed Diesel (HFHSD) bunker at Mumbai Port. The facility, the first-of-its-kind by an OMC in the country, provides shipping companies with a cleaner, biodegr

Tata Capital Housing Finance to raise up to Rs 3,500 crore via NCDs. The loan book of the company as of the end of March was Rs 51,402 crore

Warburg Pincus buys majority stake in furniture fittings maker Ebco. Ebco is one of India's oldest and most prominent furniture fittings and architectural hardware brands, said a company statement

Zoomcar narrows Ebitda loss in Q1 FY25, marks third profitable quarter. The improvement in adjusted Ebitda was attributed to cost optimisation efforts driven by technology and product enhancements

Promoters of Electronics Mart India divest 7.8% stake for Rs 689 cr. Pavan Kumar Bajaj and Karan Bajaj, the promoters of Electronics Mart India, on Friday, divested a 7.8 per cent stake for Rs 689 crore via open market transactions, while Norway's Government Pension Fund Global and SBI MF picked up the stake. According to t

Karnataka govt pauses decision for 15 days on PNB and SBI request. The statement further noted that on August 16, 2024, both banks submitted written representations to the government, requesting an additional 15-day period to resolve the matter

Mastercard plans to cut 3% of staff worldwide before Sept 30 amid overhaul. That would work out to about 1,000 people, based on its reported employee count at the end of last year

Delhi HC refuses listing of Spicejet's plea against grounding of 3 engines. The Delhi High Court on Friday refused to grant an urgent listing of low-cost airline Spicejet's plea challenging an order to ground three aircraft engines by today and hand those over to the lessors within 15 days. The plea was mentioned for urgent hearin

Ola Electric soars to bn valuation on e-motorcycle launch, battery plan. The e-motorcycle launch is set to intensify competition in the world's second-largest two-wheeler market

Adani Group pledges 51% stake in Navi Mumbai Airport for Rs 12,770 cr loan. The Adani Group announced the financial closure for the NMIAL project in March 2022, following SBI's commitment to underwriting the entire debt requirement of Rs 12,770 crore

Aurobindo Pharma arm gets warning letter from USFDA for Telangana unit. Aurobindo Pharma Ltd on Friday said its arm Eugia Pharma Specialities Ltd received a warning letter from the US health regulator for its formulations manufacturing unit in Telangana. Earlier in May, the company had stated that Unit-III, a formulation manuf

US court asks Vedanta-backed Sterlite Tech to pay .5 mn to Prysmian. An American court has ordered Vedanta Group-backed Sterlite Technologies' overseas arm to pay USD 96.5 million, about Rs 810 crore, in damages to US-based Prysmian for violating trade secrets norms, according to a regulatory filing and plaintiff's statemen

Freo eyes 25-30% growth in gross revenue in FY25; focus on profitability. Digital banking platform Freo is eyeing 25-30 per cent growth in its gross revenue for the current fiscal, co-founder Anuj Kacker said, adding that the company remains sharply focused on profitability. Kacker told PTI that RBI's recent announcement on the

Yes Bank appoints veteran banker Sumit Bali to head retail business. Bali will join Yes Bank from Aug. 26 and report to executive director Rajan Pental, one of the sources said

Orient Technologies' Rs 215 cr IPO to open for subscription on Aug 21. Information technology solutions provider Orient Technologies Ltd on Friday said it has fixed a price band of Rs 195-206 a share for its Rs 215-crore initial public offering. The initial share sale will open for public subscription on August 21 and conclud

BMW to recall 1.36 million cars in China over airbag risks, says regulator. For vehicles that have been confirmed to have defects after inspection, BMW will replace the driver's front airbag free of charge to eliminate safety hazards, the statement said

Foxconn eyes Hyderabad investment, CM Reddy pitches 'fourth city' project. Taiwanese electronics major Foxconn has expressed interest in exploring investment opportunities in Hyderabad, Telangana government said on Friday. Foxconn Chairman Young Liu met with Telangana Chief Minister A Revanth Reddy in New Delhi and the latter inv

Valor Estate Q1 result: Loss narrows to Rs 13.6 crore on higher expenses. Realty firm Valor Estate Ltd has posted a consolidated net loss of Rs 13.60 crore in the first quarter of this fiscal year on higher expenses and eyes Rs 6,000 crore revenue from joint developments with L&T Realty and Lodha Group. Its net loss stood at Rs

Adani-led Ambuja Cements completes acquisition of Penna Cement Industries. Ambuja Cements' board of directors had approved the acquisition of 100% stake in Penna Cement at an enterprise value of Rs 10,422 crore in June, expanding the firm's southern footprint

Mining corporation revamps decision-making to fast-track projects. The powers delegated to the CMD would now flow down following a pyramid structure of hierarchy

Commodity major Hindustan Zinc offer for sale gets bids for Rs 3,150 crore. Promoter less than half of what Vedanta was eyeing

E-scooter maker Ola Electric valuations hit bn; up 75% over IPO price. The latest jump in Ola's stock price comes after it launched a new line of motorcycles and on bets that it will lower costs by using its own batteries

IFIN reports loss of Rs 5,654 cr for FY14-18, shows revised balance sheet. IL&FS Financial Services (IFIN), a group company of debt-ridden IL&FS Ltd, has incurred a cumulative loss of Rs 5,654 crore for the five-consecutive fiscals -- from FY14 to FY18, according to the revised balance sheet of the firm undergoing resolution proc

Adani Power will continue to supply power to Bangladesh from J'khand plant. Adani Power on Friday said it will continue to supply power to Bangladesh from its 1,600MW Jharkhand plant, set up to supply 100 per cent electricity generated from the facility to the neighbouring nation. Earlier this month, the power ministry amended pow

Air-conditioner makers log two-fold jump in profits amid blistering heat. Air-conditioner makers have logged a high double-digit growth in revenue and several of them had over two-fold jump in profits during April-June quarter amid increased demand due to the blistering summer. Companies such as Voltas, Blue Star, Whirlpool of I

Swiggy extends gross value service fee policy to non-metro restaurants. Previously, the service fee, also known as the commission, was calculated based on the net value for restaurants in smaller towns and cities

After Rs 2.5 LPA job offer, Cognizant grants 1% salary hikes to employees. The annual raises ranged from 1 per cent to 5 per cent at the highest, after the increments were implemented with a four-month delay

MTNL-BSNL service agreement awaits as DoT checks for tax implications. The 10-year service agreement is crucial for MTNL which is struggling with a heavy debt load of Rs 31,944.51 crore as well as facing operational challenges

Signature Global plans to foray in Delhi, Noida property mkts. Realty firm Signature Global, which has a significant presence in the Gurugram property market, is looking to enter Delhi, Noida and Greater Noida by launching housing projects in these new locations. Gurugram-based Signature Global, which got listed in Se

Google to expand AI initiatives in India, target language barrier, farming. Google is intensifying its focus on India with the introduction of advanced AI tools aimed at breaking down language barriers and enhancing agricultural practices, a senior company official said. Abhishek Bapna, Director of Product Management at Google Dee

House of Abhinandan Lodha eyes 30% growth in property sales in FY25. Realty firm The House of Abhinandan Lodha, which is into development of residential plots, reported a 3-fold jump in sales bookings last financial year to Rs 1,800 crore and is targeting at least a 30 per cent growth in 2024-25, amid strong consumer demand

Realty firm Kalpataru Ltd files draft papers to raise Rs 1,590 cr via IPO. Real estate firm Kalpataru Ltd has filed draft prospectus with market regulator SEBI to launch its initial public offering (IPO) for raising up to Rs 1,590 crore, mainly to reduce debt. The Mumbai-based company has filed the draft red herring prospectus (D

Tata Steel's Aashiyana expects to cross Rs 3,500 crore GMV in FY25. Tata Steel's retail sales volume was about 2 million tonne (mt) in FY24

M&M launches Thar Roxx, targets to rule above Rs 12.5 lakh category. The Thar Roxx is priced at Rs12.99 lakh for its entry-level model MX-1 (petrol)

Bank fraud: ED attaches Rs 678 cr worth land assets of Avantha Group. Land assets worth more than Rs 678 crore of the Avantha Group have been attached under the anti-money laundering law as part of an alleged bank loan fraud linked probe, the Enforcement Directorate said Thursday. A provisional order under the Prevention of

Adani Power says committed to supplying electricity to B'desh amid protests. Adani Power's 1,600 megawatt (MW) Godda plant in Jharkhand state is the only one in India under contract to export 100% of its power to a neighbouring country

Ola Electric's Bhavish Aggarwal announces launch of 3 motorbike variants. The e-bikes, named Roadster, Roadster X, and Roadster Pro, will be available from the fourth quarter of FY25

Motorcycle brand BSA debuts in India; Gold Star 650 priced at Rs 2.99 lakh. Mahindra Group-owned iconic motorcycle brand BSA made its debut in India on Thursday with the launch of 652-cc Gold Star 650 model priced at Rs 2.99 lakh (ex showroom Delhi). One of the oldest motorcycle companies in the world, Birmingham Small Arms Compan

Ramky Infrastructure Q1 results: Net profit declines 33% to Rs 71 cr. Ramky Infrastructure Ltd has reported a 32.6 per cent decline in consolidated profit after tax (PAT) to Rs 70.9 crore for the April-June quarter of this fiscal compared to Rs 105.2 crore in the year-ago period, according to a statement. Revenue from operat

Chinese ecommerce giant JD.com beats estimates for quarterly profit. US-listed shares of the company rose 2.6% in premarket trading.

Hindustan Zinc plans special dividend payout of Rs 8,000 cr to shareholders. Vedanta group firm Hindustan Zinc Ltd (HZL) plans to dole out a special dividend payout of Rs 8,000 crore to its shareholders in the current fiscal, according to sources. HZL's board is likely to meet on Tuesday to consider and approve the special dividend

New surrender-value norms: Max Life pencils in 100-200-bp hit to profit. VNB margin measures the profitability margin for life insurers

SBI, Punjab National Bank in talks with Karnataka to resolve issues. One incident involved PNB's Rajajinagar branch, where the Karnataka State Industrial Board had fixed deposits of approximately Rs 25 crore, but PNB released only Rs 13 crore on maturity

China's e-commerce giant Alibaba group misses Q1 revenue estimates. Alibaba is also grappling with stiff competition from rivals including JD.com and discount-focused retail platforms such as PDD Holdings' Pinduoduo and ByteDance-owned Douyin

Apple extends iPhone NFC access to developers outside EU with iOS 18.1. Developers interested in utilising the NFC functionality will be required to enter into a commercial agreement with Apple

IndiGo aims to increase women pilots in workforce to over 1,000 in 1 year. IndiGo aims to increase the number of women pilots in its workforce to over 1,000 in the next year as the country's largest airline steers ahead with efforts to boost diversity and inclusivity. The airline, which is expanding its fleet and network, current

Ola Cabs rebranded to Ola Consumer, CEO Aggarwal launches loyalty program. Bhavish Aggarwal also announced the relaunch of Ola Share - the ride sharing service, which will start today in Bangalore and soon expand to other cities

Walmart raises annual profit forecast on steady demand, shares jump. Shares of the Bentonville, Arkansas-based company rose more than 7 per cent in premarket trading

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