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NSE share market NEWS tomorrow (03 June, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 June, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 June 2024

Gail India was amongst the top gainers, currently trading at 230.80 in NSE with 2.34 times change in volumes and 12.971% change in price. Other gainers included Power Finance with 12.661% price change and 1.399 times volumes, Rural Electrification with 12.413% price change and 1.64 times volumes, Bank Baroda with 12.099% price change and 4.336 times volumes, and Adani Ports with 10.195% price change and 2.84 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.

Fortis Healthcare was amongst the top losers, currently trading at 459.35 in NSE with 0.62 times change in volumes and -3.315% change in price. Other losers included Havells India with -1.468% price change and 0.45 times volumes, Bosch with -1.331% price change and 0.052 times volumes, Eicher Motors with -1.323% price change and 0.942 times volumes, and Au Small with -1.309% price change and 0.289 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.

NITES seeks probe from Labour Ministry as Infosys delays new hires. IT sector employee union NITES has urged the Ministry of Labour and Employment to probe repeated delays in the onboarding of over 2,000 campus recruits by tech major Infosys. Nascent Information Technology Employees Senate (NITES) alleged that the delays h

Byju's processes employees' salaries for May from business collections. Edtech firm BYJU'S has processed employees' May salaries from the month's business collections, sources close to the company said on Monday. Last year, the founders of the edtech firm had to pledge their house to raise debt for paying employees' salaries.

Japan Airlines signs a codeshare pact with IndiGo to expand its services. Japan Airlines on Monday said it has entered into a codeshare arrangement with IndiGo, which would help the Japanese carrier expand services to 14 destinations of the domestic carrier's network. At present, Japan Airlines operates its services to Delhi and

Urge stakeholders to stand against threat to press freedom: Subhash Chandra. He also said that there have been structured attempts against it by the governing class

Lenskart raises 0 million in secondary round at billion valuation. Lenskart continues to deepen its penetration in India while rapidly scaling its international presence in Asia, including Southeast Asia and the Middle East

BluSmart launches 100% all-electric premium limousine service in UAE. Ride-hailing app said that its chauffeur-driven luxury service in Dubai will commence with a premium Audi e-tron car fleet

Tech Mahindra subsidiary Comviva names Rajesh Chandiramani as CEO. Digital solutions provider Comviva, a Tech Mahindra subsidiary, on Monday announced the appointment of Rajesh Chandiramani as CEO and whole-time director, effective June 1, 2024. Chandiramani took over the baton from Manoranjan 'Mao' Mohapatra, who retired

Few AI deepfakes identified in EU elections, says Microsoft President Smith. 'We have to recognise the risks that AI can create in the context of creating abusive content and one form of abusive content would be AI generated deep fakes,' Smith said

HMSI sees 45% jump in May domestic sales; Bajaj Auto sales flat at 355,000. Honda Motorcycle and Scooter India on Monday reported a 45 per cent year-on-year jump in domestic wholesales at 4,50,589 units in May. The company had dispatched 3,11,144 units to its dealers in May 2023. Exports increased to 41,458 units last month from 1

United Breweries eyes strong growth in the premium beer segment. UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant

Nokia, Gati Shakti Vishwavidyalaya ink pact to partner on 5G, 6G research. Finnish telecom gearmaker Nokia on Monday said it has signed an agreement with the Gati Shakti Vishwavidyalaya (GSV) for carrying out joint research related to 5G/6G communications in the transportation and logistics sector. Nokia and Gati Shakti Vishwavid

Interest rates have peaked, moderation expected towards year-end: PNB MD. Days before RBI's monetary policy, Punjab National Bank (PNB) managing director Atul Kumar Goel said interest rates have peaked and are expected to see a reversal by the end of this year. The Monetary Policy Committee, which is expected to keep the policy

Tata Steel credit metrics to improve in FY25 on high demand: CreditSights. Ratings firm CreditSights on Monday said it expects the credit metrics of Tata Steel to improve in the ongoing fiscal aided by factors like infrastructure-led domestic steel demand and lower coking coal prices. Tata Steel last week reported a 64.59 per cen

At Rs 66.25 crore, Infosys' Salil Parekh is second-highest paid IT CEO. Delaporte's successor Srinivas Pallia will receive remuneration of about Rs 50 crore in FY25. TCS CEO and managing director K Krithivasan drew Rs 25.36 cr in annual compensation during FY24

CEOs of S&P 500 got hefty pay raises in 2023, widening gap with workers. The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13 per cent last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans' budgets. The median

Bikanervala Foods won't hike sweets' prices; to absorb rise in milk prices. Bikanervala Foods Ltd said it will not increase the prices of sweetsas of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. With effect from Monday, Amul and Mother Dairy have increased the liquid milk pric

Some clarity on GenAI is beginning to emerge now: Nandan Nilekani. The real power of AI, Nilekani said, will come from configuring all the different models and tools to get the best solutions

Battery Smart collaborates with Zepto for greener last-mile deliveries. Electric two-and three-wheeler battery swapping network operator Battery Smart said on Monday that it has entered into a partnership with e-grocery and quick commerce service platform Zepto as part of which it will provide delivery partners access to over

PNB partners with IIFCL to provide financing for infrastructure projects. Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL) on Monday signed an agreement to offer long-term financial assistance to viable infrastructure projects. With this, both the institutions will collaborate to fund the infrastru

NCLT begins insolvency proceedings for Jaiprakash Associates on ICICI plea. The National Company Law Tribunal (NCLT) on Monday directed to initiate insolvency proceedings against debt-ridden Jaiprakash Associates Ltd, admitting the plea filed by private lender ICICI Bank. Jaiprakash Associates Ltd (JAL), which is the flagship firm

Volkswagen India to offer 6 airbags across GNCAP Taigun, Virtus variants. German premium car maker Volkswagen India on Monday said it will offer six airbags across all variants of its 5-Star Global NCAP (GNCAP) safety-rated Taigun and Virtus models. Since the introduction of the India 2.0 product portfolio, the company said it i

SBI joins the Rs 8-trillion m-cap league; eyes 0 billion m-cap. In the last year, SBI is up nearly 55 per cent, while the Nifty PSU Bank index has almost doubled during the period

Adani Group launches co-branded credit card with ICICI, offers benefits. Adani Group on Monday announced a venture into the financial sector, launching with ICICI Bank a co-branded credit card with airport-lined benefits as it looks to leverage customer touchpoints across businesses. The group's Adani One, an app to help users

ZEE Entertainment plans to raise funds through issue of shares, QIPs. Leading broadcaster Zee Entertainment on Monday said it is planning to raise funds from the market through various routes, including issuing of equity of shares, and qualified institutions placements (QIPs). Though the company has not specified the amount

Zee Media remains committed to unbiased news, public interest: Chandra. Media baron Subhash Chandra on Monday said despite various challenges, Zee Media remains committed to deliver unbiased and credible news focused on public interest. Addressing a press conference here, he asked all stakeholders, including viewers and regula

Shriram Finance raises 8 million multi-currency funds as social loans. The fund raise is closely on the heels of a previous transaction where the company raised 4 million

SpiceJet cancels Chennai flights till June 10, cites 'operational reasons'. Sources said that the airline has cancelled a total of about 60 flights until June 10 to and from the Chennai airport due to the aforementioned suspension

Adani Power arm approves merger of Stratatech Mineral Resources into self. Adani Power Ltd (APL) on Monday said its arm Mahan Energen Ltd has approved a proposal to merge coal mining firm Stratatech Mineral Resources with itself which will help improve fuel security. Stratatech Mineral Resources, a subsidiary of Adani Enterprises

Baron Capital boosts food delivery firm Swiggy valuation to .1 billion. The food delivery firm's investors have been consecutively marking up the company's valuation over the last year as it gears up for an IPO this year

Kalyan Jewellers to invest Rs 42 crore to complete Candere buyout. Kalyan Jewellers said on Monday it will acquire the remaining 15 per cent stake in its e-commerce subsidiary Enovate Lifestyles, which operates under the brand Candere, for Rs 42 crore. The deal, to be completed in three tranches, will make Candere a wholl

Wipro appoints Bruno Schenk as country head, MD for Switzerland. IT major Wipro on Monday said it has appointed Bruno Schenk as the Country Head and Managing Director for Switzerland, with immediate effect. He will report to Wipro's Europe CEO Pierre Bruno. Schenk is taking over from Ren Mulder, who has decided to explo

Around 31% employees experience age-related discrimination at work: Study. Overall 31 per cent of employees in India have experienced age-related discriminations across sectors with the highest prevalence reported in multinational companies, a study said on Monday. The 'Ageism in the Workplace' study by talent company Randstad In

Adani One launches two variants of co-branded credit cards with ICICI Bank. Cardholders can get up to 7 per cent Adani reward points on spends within the Adani Group ecosystem

3 GMs to take charge of TMB operations after Sankarasubramaniam's exit. Krishnan had resigned from the post of MD and CEO of the Tuticorin-based bank, on September 28 last year, citing personal reasons

ONGC slashes offshore helicopter sorties during monsoon to avoid accidents. India's top oil and gas producer ONGC has slashed helicopter sorties to its installations in the middle of sea on both east and west coast for three months to avoid any repeat of deadly accidents during monsoon that have plagued the firm's otherwise impecc

Sun Pharma expects high single-digit top line growth in current fiscal: MD. Drug major Sun Pharmaceutical Industries expects a high single-digit top line growth in the current fiscal, according to Managing Director Dilip Shanghvi. The Mumbai-based firm reported a consolidated total revenue from operations at Rs 48,497 crore for FY

2,500 job cuts inevitable in Tata Steel's UK operations: CEO Narendran. Loss of jobs for around 2,500 workers at Tata Steel's operations in the UK, which are in a transition phase, is "inevitable", the company's CEO T V Narendran said. Fear of job losses has attracted criticism of the workers' unions and they are continuously

Demerger to help commercial vehicle biz capitalise globally: Tata Motors. The proposed demerger of existing automotive business into two listed entities will help the commercial vehicle vertical become more agile and capitalise on the opportunities available globally, according to Tata Motors Executive Director Girish Wagh. In m

NMDC's iron ore output falls 37% to 2.34 mn tonnes in May, sales down 22%. Country's largest iron ore miner NMDC has reported a 37 per cent fall in its production at 2.34 million tonnes (MnT) in May 2024. It had produced 3.71 MnT of iron ore in the same month last year, the company said in an exchange filing on Saturday. NMDC's m

Income tax department imposes penalty of over Rs 4.68 crore on L&T. The income tax department has imposed a penalty of over Rs 4.68 crore on Larsen & Toubro Ltd, according to a regulatory filing. The department levied a penalty of Rs 4,68,91,352 in connection to the tax proceedings of erstwhile L&T Hydrocarbon Engineering

LIC's Adani group portfolio value surges 51.6% at Rs 66,000 crore. LIC trimmed its stake in group flagship Adani Enterprises from 4.26 per cent to 3.93 per cent over the past year

Adani Group firms make comeback, deliver record 45% Ebitda growth in FY24. Adani Group companies posted a record 45 per cent rise in pre-tax profit (EBITDA) to Rs 82,917 crore (about USD 10 billion) in FY24 as the apples-to-airport conglomerate made a massive comeback, the group said on Sunday. Emerging from a damning report of a

Meganet set to log Rs 1,000 cr revenue in next two years, says CEO Pipada. Computing hardware manufacturing firm Mega Networks (Meganet) is en route to entering the Rs 1,000 crore club in terms of revenue in the next two years, founder and CEO Amrish Pipada said. During an interaction with PTI, Pipada extensively discussed the fi

Investors take larger bets in fewer startups as funding winter lingers. There were 465 deals this year, compared to 758 reported in the same period last year

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina. According to the complaint filed by Samir, KK Modi's younger son, he was invited to the board meeting on Friday

Legacy issues behind us, PNB on track to outperform competition: MD Goel. With legacy issues behind, Punjab National Bank (PNB) is on the right path to outpace the competition and achieve greater heights in terms of profitability during the current fiscal and subsequent years, the bank's managing director Atul Kumar Goel said. P

Amul milk price hiked by Rs 2 per litre across all variants from June 3. The price of Amul milk across all variants has been hiked by Rs 2 per litre with effect from Monday in view of the increase in the overall cost of operation and production of milk, Gujarat Cooperative Milk Marketing Federation (GCMMF) said. With this, the

IndiGo flight lands in 'full emergency' after bomb threat; all exit safely. An IndiGo flight operating from Chennai to Mumbai with 172 persons on board landed in full emergency conditions here on Saturday after it received a bomb threat, sources have said. The flight landed at around 8.45 am and the passengers' deplaning has been

M&M May wholesales surge 17% to 71,682 units, exports increase 2%. Mahindra & Mahindra on Saturday said its total wholesales increased 17 per cent year-on-year to 71,682 units in May. The company's total dispatches to its dealers stood at 61,415 units in May 2023. The Mumbai-based auto major's passenger vehicle sales in

Samir Modi accuses mother Bina of assault amid Rs 11k crore family feud. Godfrey Phillips family inheritance feud: Samir Modi has accused his mother, Bina Modi, her personal security officer, and others of causing him 'grievous hurt'

Maruti Suzuki India sees 2% drop in sales to 174,551 units in May. Maruti Suzuki India on Saturday reported 2 per cent year-on-year dip in total wholesales at 1,74,551 units in May 2024. The company had dispatched a total of 1,78,083 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a sta

Last minute issue halts launch of Boeing's first astronaut flight. Boeing took another crack Saturday at launching astronauts for the first time aboard its new space capsule, after a delay for leak checks and rocket repairs. The company's Starliner capsule was due to rocket away at midday with a pair of test pilots to the

Stellantis India appoints Shailesh Hazela as CEO & MD, effective mid-July. 'I look forward to accelerating technological innovation and strengthening our position in existing and emerging mobility segments,' Hazela said after the appointment

IIFL Samasta Finance to raise up to Rs 1,000 crore via secured bonds. IIFL Samasta Finance, a non-banking microfinance company (NBFC-MFI), plans to raise up to Rs 1,000 crore through public issue of secured bonds for the purpose of capital augmentation and business growth. The bond issue opens on June 3 and closes on June 14

Gautam Adani reclaims title of Asia's richest man with net worth of 1 bn. With this, Adani has overtaken Reliance Industries' Mukesh Ambani after nearly 5 months

Delhi-San Francisco flight delay: A-I apologises, offers 0 voucher. Air India has apologised and offered a travel voucher of USD 350 each to the passengers of the San Francisco flight that took off from the national capital after a delay of more than 30 hours. There were 199 passengers in the flight, according to a source.

Air India's Delhi-Vancouver flight faces delay, rescheduled for Sunday. Air India's flight from the national capital to Vancouver, which was to take off early Saturday morning, faced an inordinate delay due to technical issues. The airline said the flight has been rescheduled and is now expected to depart early morning on Sun

Bank of India floats 666 days term deposits bucket with 7.3% rate. Slashes rate on 2-year deposits by 45 basis points

Aurobindo arm TheraNym inks pact with MSD for biologics manufacturing. This agreement follows previous disclosures by Aurobindo Pharma about expanding its biologics manufacturing facilities and exploring contract manufacturing operations (CMO) for biologicals

REC board approves raising borrowing limit in foreign currency to bn. State-owned REC Ltd on Friday said its board has approved raising the borrowing limit in foreign currency to USD 24 billion form USD 20 billion. The overall borrowing limit in Indian rupees was however retained at Rs 6 lakh crore, the company said in an ex

Adani Ports signs 30-year concession pact to operate Tanzania Port Terminal. The concession agreement for 30 years has been signed with the Tanzania Ports Authority

Hero MotoCorp's corporate communication head Bharatendu Kabi resigns. Hero MotoCorp on Friday said Head of Corporate Communication & Corporate Social Responsibility Bharatendu Kabi has resigned from the company. In a regulatory filing, Hero MotoCorp CEO Niranjan Gupta said Kabi has decided to step down from his role after ne

UK workers' union to proceed with industrial action at Tata Steel plants. A steelworkers' union has announced plans to proceed with industrial action of around 1,500 Tata Steel employees based at Port Talbot and Newport Llanwern in Wales in protest against the Mumbai-headquartered company's job cuts associated with the closure o

Call on Burman family open offer rests with Sebi: Religare's Saluja. Says cooperating with Sebi, Irdai on allegations of insider trading, ESOP irregularities; Denies any wrongdoing

Avoid hype of new tech, prioritise relevance for customers: Flipkart exec. Businesses must understand new technology before incorporating it into solutions, avoiding hype, said Ravi Vijayaraghavan, Chief Data Analytics Officer and SVP at Flipkart. In a fireside chat session during the 4th edition of AI @Walmart 2024, he said busi

Udupi Cochin Shipyard bags new order from Adani group's Ocean Sparkle. Udupi Cochin Shipyard Limited (UCSL), a wholly-owned subsidiary of India's leading shipyard, Cochin Shipyard Limited (CSL), has secured a major order from Ocean Sparkle Limited, a prominent Indian tug operator under Adani Harbour Services Limited. The cont

BSE acquires entire equity stake of S&P Dow Jones Indices in Asia Index. Leading stock exchange BSE Ltd on Friday said it has completed the acquisition of S&P Dow Jones Indices' entire equity stake in Asia Index Private Limited (AIPL), making it a wholly-owned subsidiary of the bourse. AIPL was a joint venture between S&P DJI a

Wipro shareholders approve resolution on .3 mn pay package for ex-CEO. Shareholders of Wipro have approved payment of USD 4.3 million cash severance package for Thierry Delaporte, its former CEO and Managing Director, with 89.7 per cent voting in favour of the resolution. The Bengaluru-headquartered Indian IT major had announ

Q4 results today: Tarai Foods and VAS Infra among 5 firms to post earnings. Q4FY24 company results: Add-Shop ERetail Ltd, Athena Constructions Ltd, and Panorama Studios International Ltd will release their fourth-quarter report on May 31

Wipro public shareholders object to outgoing CEO Delaporte's severance pay. Resolution to pay him .33 mn in cash compensation is accepted due to promoter shareholding

Anupam Mittal's 'dowry calculator' raises eyebrows but there's a twist. Shaadi.com founder Anupam Mittal told his audience that his team has "simplified the process to calculate dowry" by launching an artificial intelligence-based dowry calculator

Domestic PV sales set to exceed 5mn; TaMo set to tap growth opportunity. Domestic passenger vehicle segment is expected to cross the 50 lakh-mark of annual sales over the next few years and Tata Motors is geared up to tap into this growth opportunity, according to Tata Group Chairman N Chandrasekaran. In a message to the compan

Battery maker Altmin in talks with Australia for lithium supplies. Altmin, India's only cathode active materials producer, currently sources lithium carbonate from Brazil and Bolivia

TBO Tek Q4 result: 64% jump in PAT to Rs 46 crore, revenue up 31%. Travel distribution firm TBO Tek Ltd on Thursday said its profit after tax (PAT) rose by 64 per cent to Rs 46 crore in the quarter ended March 2024 from Rs 28 crore in the corresponding quarter of the previous year. The revenue during the reporting quarter

Suzlon Group gets 82 megawatt wind energy project from Oyster Green. Suzlon Group on Friday said it has secured a wind energy project of about 82 megawatt (MW) from Oyster Green Hybrid One Pvt Ltd. It will install 26 wind turbine generators (WTGs), each having a rated capacity of 3.15 MW at Oyster Green's site at Agar in Ma

ARCs misused by 'tainted' promoters: RBI Deputy Governor M Rajeshwar Rao. Promoters in an Indian market are large shareholders who can influence company policy and, according to regulatory definitions, are prospective owners or directors of the company

Srinagar-bound Vistara aircraft receives bomb threat, lands safely. Flight no-UK-611, which departed from Delhi, landed safely at Srinagar Airport at approximately 12:10 AM

DGCA issues show cause notice to Air India for excessive flight delays. Aviation watchdog DGCA on Friday issued a show cause notice to Air India for inordinate delay of at least two international flights and failure to take due care of passengers. The regulator mentioned about the inordinate delay of two international flights

Tech firm AiDash announces launch of first ESOP buyback programme. Enterprise SaaS firm has more than 300 employees in India

Apollo Hospitals on expansion spree; eyes Mumbai, Bengaluru markets. The Mumbai and Bengaluru plan is part of the long-term strategy by the hospital chain operator to invest around Rs 3,000 crore over a period of three years to add another 2,400 beds

Flipkart expects over 100 mn visitors during its 'Big End of Season Sale'. Beginning June 1, 2024, this special fashion event will offer customers a personalised shopping experience with access to over 75 lakh styles

Sportswear brand TechnoSport raises Rs 175 crore from A91 Partners. Sportswear brand TechnoSport on Friday said it has raised Rs 175 crore from A91 Partners, an early growth equity fund. This fresh capital will help TechnoSport enhance its manufacturing capabilities, focus on digital brand building, and amplify its marketi

Adani Group profit up 55% in FY24; eyes bn investment over next decade. Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a USD 90 billion capex over the next decade. Emerging from a damning report of a US short seller,

Medtronic appoints Mandeep Singh Kumar as Vice President of India business. In his new role, Mandeep Singh Kumar will be responsible for overseeing sales, marketing, and commercial operations for Medtronic's business in India

Sebi slaps Rs 2.5 cr fine on TIL, former officials over 'fake' transactions. Markets regulator Sebi has imposed a penalty of Rs 2.5 crore on TIL Ltd and three former officials for indulging in fictitious purchase and sales leading to over-statement of sales and revenue for 2019-20 and 2020-21. The fine needs to be paid within 45 da

Tata Group firms executing over 100 GenAI projects: Chandrasekaran. Chandrasekaran said that AI will empower every employee to perform at a higher level of productivity.

Canara Bank board okays fund raising of Rs 8,500 cr through bonds in FY25. State-owned Canara Bank on Friday said the board of the bank has given approval for raising Rs 8,500 crore through bonds to fund business growth in 2024-25. The decision in this respect was taken in a meeting held on Friday. The board of the bank has appro

Vedanta Resources posts 2nd highest consolidated EBITDA of .7 bn in FY24. Vedanta Resources, the parent company of India-listed mining group, posted its second highest ever consolidated EBITDA of USD 4.7 billion for FY24, a year which its chairman Anil Agarwal described as 'pivotal year' that will result in "a strong Vedanta." R

Air India failing 'time and again' in taking care of passengers: DGCA. Regulator issues show cause notice to airline as passengers suffer on "inordinately delayed" flights

APSEZ signs 30-year pact to operate terminal at Dar es Salaam Port. Adani Ports and Special Economic Zone on Friday said its wholly owned subsidiary Adani International Ports Holdings Pte Ltd (AIPH) has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the

Personal care products firm Emami stock spurts on growth expectations. Major brands such as BoroPlus, the pain management range, the healthcare range, 7 Oils in One, The Man Company, and Brillare registered strong performance during the quarter

Google Wallet partners with Pine Labs to help manage gift cards within app. This partnership comes nearly three weeks after Google announced the launch of its digital wallet application in India

Apollo Hospitals Q4 result: PAT up 76% at Rs 254 cr; revenue at Rs 4,944 cr. Apollo Hospitals on Thursday reported a 76 per cent increase in consolidated net profit to Rs 254 crore for the March quarter. The healthcare major had reported a net profit of Rs 144 crore in the January-March period of the 2022-23 fiscal year. Revenue fr

HCLTech integrates its GenAI platform AI Force with Google Gemini. Last month, the company had expanded its partnership with Google Cloud to enable 25,000 engineers on Google Gemini

Vedanta says ICRA has assigned top rating to its commercial paper. Vedanta on Thursday said ICRA has assigned A1+ rating to the company's Rs 2,500-crore commercial paper, citing multiple positives. ICRA highlighted Vedanta's diversified product portfolio and a healthy market share while assigning the rating, the company s

IndiGo derosters 6 crew members over Delhi-Varanasi flight bomb scare event. IndiGo has derostered two pilots and four cabin crew members of the Delhi-Varanasi flight that saw 176 passengers being evacuated after a bomb threat earlier this week, according to sources. On May 28, following the bomb threat, which later turned out to b

Jindal Power to partner with Venezuelan state oil company: Report. Jindal's entrance comes as Venezuela reshapes its oil partnerships amid the reimposition of US sanctions after President Nicolas Maduro's fell short of promises to ensure fair elections

Space startup Agnikul Cosmos creates history by launching Agnibaan rocket. Agnibaan SOrTeD uses the world's first single-piece 3D printed engine, designed and built indigenously

Q4 results today: Reliance Infra, Muthoot among 908 firms to post earnings. Q4FY24 company results: Apollo Hospitals, Bharat Dynamics, Welspun Corp, and Reliance Capital will be releasing their fourth-quarter report on May 30

S Korea's Shinhan Bank gets CCI nod to acquire 11% stake in HDFC Credila. The Competition Commission of India (CCI) has cleared South Korea-based Shinhan Bank's proposed acquisition of an 11 per cent stake in HDFC Credila Financial Services. Part of the Shinhan Financial Group, Shinhan Bank Co Ltd is a multinational bank, which

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