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NSE share market NEWS tomorrow (27 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (27 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 27 May 2024

Glenmark Pharmaceuticals was amongst the top gainers, currently trading at 1119.45 in NSE with 6.25 times change in volumes and 8.055% change in price. Other gainers included Ashok Leyland with 7.594% price change and 1.871 times volumes, Jubilant Foodworks with 5.228% price change and 2.51 times volumes, Persistent Systems with 5.105% price change and 8.431 times volumes, and One 97 with 4.619% price change and 1.074 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.

Hindustan Zinc was amongst the top losers, currently trading at 706.90 in NSE with 0.95 times change in volumes and -4.814% change in price. Other losers included Solar Industries with -3.202% price change and 0.766 times volumes, Avenue Supermarts with -3.141% price change and 1.278 times volumes, Aurobindo Pharma with -3.133% price change and 3.472 times volumes, and Adani Enterprises with -2.833% price change and 0.743 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.

India may get Swedish PE major EQT boost with up to bn funding. Swedish PE major planning to invest the amount this financial year

BluSmart launches BluSmart Charge app, opens EV charging service to public. Alongside the charge app launch, BluSmart also expanded its charging infrastructure network and achieved a significant milestone by opening its 50th EV charging hub

Nalco Q4 results: PAT rises two-fold to Rs 996.7 cr on lower expenses. State-owned Nalco on Monday reported two-fold rise in consolidated profit to Rs 996.74 crore for the March quarter on the back of lower expenses. The company had posted a consolidated profit of Rs 495 crore in the March quarter of FY23, National Aluminium

Fitch changes Softbank-backed Oyo's long-term rating from 'B-' to 'B'. Oyo had around 0 million in cash at end-March 2024, a committed undrawn facility of million, and Fitch expects the company to generate about million in free cash flow in FY25

Jewellery chain Senco Gold aims 15-20% growth in revenue, profit in FY25. Leading jewellery chain Senco Gold Ltd is looking at 15-20 per cent growth in revenue and profit in the current fiscal, despite rising prices of the yellow metal and global uncertainties. The jeweller is also planning to add 15-20 stores in the current 202

LIC Q4 results: Net profit rises 2.5%, dividend declared at Rs 6 per share. The government who is the largest shareholder in the company will get a dividend of Rs 3,662 crore

Valuations may offset Q4 show, growth outlook for Divi's Laboratories. The company delivered a strong revenue and operating performance in the March quarter

Dish TV Q4 results: Net loss widens to Rs 1,990 cr, revenue declines 19%. Direct-to-home broadcast service provider Dish TV India on Monday said its consolidated net loss widened to Rs 1,989.69 crore in March 2024 quarter due to impairment of investments in OTT business Watcho as well as property, plant and equipment. The compan

AstraZeneca Q4 results: Net profit jumps 128%, revenue rises 34.59%. Strategic collaborations played a crucial role in AstraZeneca's achievements, particularly in enhancing diagnostic capabilities and treatment outcomes

UltraTech Cement offers to acquire 31.6% in UAE-based RAK Cement Co. Aditya Birla group firm UltraTech Cement on Monday said it has made an offer to acquire a 31.6 per cent stake in UAE-based RAK Cement Co for White Cement and Construction Materials PSC (RAKWCT). This would be done by UltraTech Cement Middle East Investment

NMDC Q4 results: Net profit falls 38% to Rs 1,416 crore on higher expenses. State-owned iron ore miner NMDC on Monday reported a 38 per cent fall in its consolidated net profit to Rs 1,415.62 crore for the March quarter on account of increased expenses. It had posted a profit of Rs 2,276.94 crore for the year-ago period, the compa

Ambani sets sights on African telecom market, plans to develop 5G infra. Radisys Corp., a unit of Ambani-controlled Reliance Industries Ltd., will provide key network infrastructure, applications and smartphones for Ghana-based Next-Gen InfraCo

Blistering summer helps Varun Bev, Havells, Voltas, others improve earnings. Heat waves are accelerating the penetration of many cooling products like air conditioners and refrigerators, an industry expert said

Q4 results today: LIC, NMDC, AstraZeneca among 303 firms to post earnings. Q4 FY24 company results: Elgi Equipments, Natco Pharma, Nalco, Goodyear India, and IFB Ind will be releasing their fourth quarter report on May 27

Aster undertakes Rs 250-cr expansion in Bengaluru, plans to add 350 beds. Aster CMI Hospital, located in Hebbal, Bengaluru, spans 445,000 square feet. With this development, the company is strengthening its presence in Bengaluru, bringing its total bed capacity to 1,602

Zypp Electric raises million funding from Japanese firm ENEOS. EV-as-a-service platform Zypp Electric on Monday said it has raised USD 15-million funding from Japanese firm ENEOS. The series C funding comprises USD 15-million in equity closure, as part of its ongoing USD 50-million round, which comprises USD 40-millio

Kalanithi Maran to seek over Rs 1,323 crore in damages from SpiceJet. KAL Airways and its promoter Kalanithi Maran have decide to challenge an arbitral award requiring SpiceJet and Ajay Singh to refund Rs 579 crore plus interest to Maran

DCM Shriram Industries Q4 results: Net profit rises 23% to Rs 38.64 crore. DCM Shriram Industries on Monday posted a 23 per cent rise in consolidated net profit at Rs 38.64 crore for the fourth quarter of the 2023-24 fiscal from a year earlier, on lower expenses. The company, which is into sugar, industrial fibre and chemicals bu

Realty firm Sobha looking to up equity capital to Rs 10,000 cr in 5 yrs. Realty firm Sobha Ltd is looking to increase its equity capital by four times to Rs 10,000 crore over the next five years to support future expansion plans and is set to launch a rights issue this fiscal year to raise around Rs 2,000 crore. Bengaluru-based

Cochin Shipyard gets 60 mn euros order for hybrid SOVs from UK operator. India's leading shipyard, Cochin Shipyard Limited (CSL), on Monday said it has secured another prestigious international order from North Star Shipping, a top UK-based offshore renewable operator, for the construction of a hybrid Service Operation Vessels

Adani Energy Solutions board approves fundraising of up to Rs 12,500 crore. Adani Enterprises last week also announced that the company's board of directors will meet on Tuesday

ONGC's high investments to delay deleveraging over next 12-24 months: S&P. A step-up in investments at Oil and Natural Gas Corp (ONGC) will slow down its deleveraging over the next 12-24 months, eroding headroom for the state-owned firm's 'bbb+' standalone credit profile, S&P Global Ratings said on Monday. Stating that ONGC's fin

Anil Agarwal's Vedanta considering bn share sale in coming weeks. Shares of Vedanta have gained 78% this year, giving the company a market value of about .6 billion

Mamaearth parent acquires cosmetic formulation brand CosmoGenesis. Founded by Rohini Manoj in 2011, CosmoGenesis has until now facilitated over 5,000 cosmetic and personal care formulations for businesses in India using its fully-equipped, state-of-the-art laboratory

KAL Air, Maran to seek Rs 1,323 crore in damages from SpiceJet, Ajay Singh. For the last several quarters, SpiceJet has been grappling with a cash crunch amid multiple legal battles over unpaid dues to aircraft lessors, engine lessors, lenders, and Maran

GoAir temporarily loses slots and foreign bilateral rights amid insolvency. Bilateral air service agreements between airlines and countries allow them to operate international flights; slots for these flights are allocated by the DGCA and civil aviation ministry

Indya raises Rs 50 crore funds from Sangita Jindal, JSW, others. Three fourths of the funding is equity infusion for a minority stake, while the rest is debt, Indya's co-founder Shivani Poddar said

Allahabad HC summons ICICI Bank chairman over employing recovery agent. Allahabad High Court has asked ICICI Bank chairman to personally appear before the court and file an affidavit to explain why the bank used collection agents despite a Supreme Court prohibition

HCLTech collaborates with Arm to develop custom silicon chips for AI. The partnership will bring to market solutions that enable semiconductor manufacturers, system original equipment manufacturers (OEMs)

Adani Energy Solutions board approves raising Rs 12,500 crore through QIP. Adani group to begin roadshows to raise bn; proceeds to be used for expansion, refinance old loans

Goodyear India Q4 net loss at Rs 4.2 cr on weak demand for tractors, trucks. The Indian unit of U.S.-based Goodyear Tire's standalone net loss stood at Rs 4.21 crore (6,606.34) for the three months to March 31 from a profit of Rs 33.61 crore a year earlier

Fischer Medical Ventures makes India's first indigenous MRI system. Eyes acquisitions to broaden medical tech reach

Coal scam: Court convicts Maha-based co, directors for criminal conspiracy. A Delhi court on Monday convicted a Maharashtra-based company and two of its directors for cheating and criminal conspiracy in a case related to irregularities in the allocation of a coal block in the state. This was the 16th case related to the alleged co

As Ambani eyes Africa with new telecom venture, should Airtel be worried?. Reliance Industries Ltd, through its subsidiary, is set to offer cutting-edge 5G shared network infrastructure solutions in Africa in collaboration with a local company supported by Ghana

Vodafone Idea announces extra data offer for 4G and 5G consumers. Many smartphone users in India do not maximise the potential of their 4G/5G mobile devices due to a lack of sufficient data

Nykaa appoints Santosh Desai as independent director on its board. Desai served as the CEO of Future Brands for nearly 17 years. He has also served as the president of McCann, one of India's premier advertising agencies

JM Financial ARC's capital adequacy falls below regulatory requirements. Existing investors to infuse up to Rs 1,000 crore equity

LIC Q4 results: PAT rises 2% to Rs 13,763 cr, total income at Rs 2.5 trn. Insurance behemoth LIC on Monday posted a marginal 2 per cent increase in net profit at Rs 13,763 crore in the fourth quarter ended March 2024. The insurer had earned a profit of Rs 13,428 crore in the corresponding quarter a year earlier. The total income

IOC, GAIL, ONGC fined for 4th straight quarter for not appointing directors. State-owned oil and gas giants including IndianOil, ONGC and GAIL (India) Ltd have been slapped with fines for the fourth straight quarter for failing to meet listing requirements of having the requisite number of directors on their board. Stock exchanges

Expect sales to grow faster than industry this fiscal: JLR India official. Tata Motors owned Jaguar Land Rover expects to grow faster than the luxury car segment this fiscal, as it bolsters localisation and expands product range, according to a top company executive. The company, which is set to commence local assembly of Range R

Noida-based Paytm General Insurance withdraws application with Irdai. The company will focus on its insurance distribution portfolio, moving away from making insurance products

Reliance's tech pact with Norway's Nel to accelerate new energy investments. Reliance Industries Ltd's technology partnership with Norway's Nel ASA will help accelerate its new energy investments, including in the production of green hydrogen that will aid billionaire Mukesh Ambani's pivot towards green energy. Reliance (RIL) on Ma

South India office market on the fast lane driven by IT sector, GCCs. Real estate management firm JLL reports that the combined share of southern cities in India's annual net absorption has remained between 54-56 per cent during 2022 and 2023

BharatPe, PhonePe amicably settle trademark disputes over 'Pe' suffix. The settlement concludes five-year-long legal disputes across multiple courts

IndiGo airlines reschedules and cancels some flights due to Cyclone Remal. According to the Kolkata Airport Authority, a total of 394 flights that were scheduled for arrival or departure including domestic and international have been suspended from Sunday noon to Monday 9 am

Adani Ent, Adani Energy Solutions to consider fundraising next week. A year ago, Adani Enterprises and Adani Energy Solutions had sought board and shareholder approval for a similar proposal of raising up to Rs 12,500 crore and Rs 8,500 crore, respectively

APSEZ creates record of docking largest container ship at Indian port. Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said its flagship Mundra Port has created yet another record by welcoming the largest container ship to call at an Indian port. The vessel, MSC Anna, docked on May 26 at Mundra Port. MSC Anna is a

Can Google make India a hub for mobile phone assembly like Apple?. Apple Inc sold more than 7.5 million iPhones in India last year, according to estimates

Reliance Consumer Products to focus on beverages, Independence brand. Biscuits to be the next focus for the company

Leh-bound SpiceJet flight suffers bird hit; returns safely back to Delhi. A Leh-bound SpiceJet aircraft suffered a bird hit on Sunday morning and returned to the national capital, according to the airline. The plane landed back safely and the passengers were deplaned normally. A source said the Boeing 737 plane had around 135 pe

Affle (India) Q4FY24 results: Net profit jumps 40% YoY to Rs 87 crore. Affle (India) Ltd Q4 results: The company's revenue from operations increased by 42.26% to Rs 506.22 crore in Q4, compared to Rs 355.82 crore reported in the year before

EID Parry India Q4 results: Consolidated net proft at Rs 294.30 crore. E.I.D. Parry India Ltd has reported a consolidated profit after tax for the January-March 2024 quarter at Rs 294.30 crore, the company said. The city-based sugar manufacturer had registered a consolidated PAT at Rs 286.90 crore during the corresponding qua

Reliance seeks CCI approval for $ 8.5-bn Viacom18-Star India merger. Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India (CCI) for the USD 8.5-billion merger of Viacom18 and Star India Pvt Ltd (SIPL). "The proposed transaction aims to combine t

Reliance Power Q4 results: Net loss at Rs 397 cr on increased fuel cost. Reliance Power Ltd on Saturday reported a consolidated loss of Rs 397.66 crore during the March quarter, mainly on account of increased cost of fuel consumed. It had posted Rs 321.79 crore profit in the year-ago period, the company said in an exchange fili

GoAir crisis: EaseMyTrip's Pitti withdraws bid for the bankrupt airline. More than three months after jointly bidding for Go First, travel portal EaseMyTrip's CEO Nishant Pitti on Saturday said he was withdrawing the bid for the bankrupt airline. Busy Bee Airways, majority-owned by Pitti, along with SpiceJet Chief Ajay Singh, h

Air India's Mumbai-San Francisco flight takes off after inordinate delay. Air India's flight to San Francisco from the city took off on Saturday evening after an inordinate delay due to multiple reasons. The flight, which was originally scheduled to take off at 1600 hours on Friday, was delayed by over 25 hours, due to multiple

Indian startup ecosystem is mature, set to bolster economy: AWS' Raghavan. The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) I

Aurobindo Pharma Q4 results: PAT rises 79.5% to Rs 908 cr, revenue up 14.8%. The increase in PAT is attributed to expansion into the new markets, product launches and stable pricing

Elon Musk plans xAI supercomputer to power next version of chatbot Grok. Musk said he wants to get the proposed supercomputer running by the fall of 2025, as per the report, adding that xAI could partner with Oracle to develop the massive computer

Emcure Pharma, HDT settle legal fight over Covid vaccine technology. The companies said they have signed a long-term agreement to continue collaborating on the development of mRNA-based vaccines and a license that allows Emcure to use HDT's mRNA technology

Lava International restructures board, excludes former chairman Hari Om Rai. Homegrown mobile phone maker Lava International has restructured the company's board in which it has excluded former chairman and managing director Hari Om Rai, according to a company statement. Rai resigned from his position in February and does not hold

French automaker Citroen ropes in MS Dhoni as brand ambassador in India. French automaker Citroen on Friday said it has roped in former India cricket captain Mahendra Singh Dhoni as its brand ambassador in India. Dhoni will mark his debut innings with Citroen in a campaign that will soon go live, the company said in a statement

Air India appoints Sanjay Sharma as CFO with effect from June 10. Air India on Friday announced the appointment of Sanjay Sharma as the Chief Financial Officer (CFO) with effect from June 10. Sharma will succeed Vinod Hejmadi, who is retiring after more than three decades with Air India. In a release, the airline said Sh

NCLAT defers hearing on Google's Play Store billing policy to July 5. Insolvency appellate tribunal NCLAT on Friday deferred hearing to July 5 on the petitions filed against tech giant Google over its Play Store billing policy. A two-member National Company Law Appellate Tribunal (NCLAT) bench, after a brief hearing over the

NIIT Q4 results: PAT at Rs 11 cr; revenue from operations at Rs 74 cr. Skill and talent development company NIIT on Friday reported a consolidated net profit (attributable to owners of the parent company) of Rs 11.16 crore for the quarter ended March 31, 2024. The company had posted a loss of Rs 9.36 crore in the year-ago per

HUDCO Q4 results: PAT rises 9% to Rs 700 cr, total income at Rs 2,194 cr. State-owned HUDCO on Friday reported 9.54 per cent rise in consolidated net profit to Rs 700.16 crore for the quarter ended March 2024. Its net profit stood at Rs 639.14 crore in the year-ago period. Total income rose to Rs 2,194.04 crore in March 2024 qu

Adani Ports to be included in Sensex from June 24, Wipro to be excluded. Analysts said Adani Ports could be assigned a weightage of 1.2 per cent in the Sensex

Adani Ports' 0.5% stake worth Rs 1,480 crore changes hands, seller unknown. Adani Ports holds a 65.89% stake in the company, mutual funds owns 3.1% stake, while India's largest insurance company, LIC, holds a 7.86% stake

Google to acquire minority stake in Flipkart in fresh funding round. Internet major Google has proposed an investment in e-commerce major Flipkart to buy a minority stake during the company's fresh funding round, the Walmart group firm said on Friday. "As part of the latest funding round led by Walmart, Flipkart today annou

Ashok Leyland Q4FY24 results: Net profit rises 17% to Rs 934 crore. The quarter saw the highest ever sales and margins for Ashok Leyland

Hindalco bidding for two nickel, cobalt mines in Maharashtra, K'taka: MD. Aditya Birla Group firm Hindalco Industries on Friday said it is in the process of bidding for two nickel-cobalt mineral blocks in Maharashtra and Karnataka. Speaking to the media, Hindalco Industries Managing Director Satish Pai said the company is not sc

Bosch Q4 results: Net profit rises 42% to Rs 564 crore, revenue up 4.2%. Bosch Q4 FY24 results: The board recommended a final dividend of Rs 170 per equity share of Rs 10 each. The final dividend, if declared, will be paid on or after August 13, 2024

Hero Realty Pvt Ltd appoints Madhur Gupta as its chief executive officer. Hero Realty Pvt Ltd (HRPL) on Friday said it has appointed Madhur Gupta as its Chief Executive Officer. Before joining Hero Realty, Gupta was CEO of Hero Steels Ltd, a part of Hero Enterprise, according to a statement. "His diverse background in the minin

Coromandel International launches 10 new products to boost crop yields. Agro-chemical firm Coromandel International on Friday introduced 10 new products, including patented ones, to boost crop yield and protect harvests from pests and diseases. The new products include an innovative neem-coated bio plant and soil health promot

EaseMyTrip Q4 results: Net loss at Rs 15 cr, total expenses at Rs 117 cr. Travel booking platform EaseMyTrip on Friday reported a loss of Rs 15.07 crore for the March quarter on a consolidated basis, as against a profit after tax (PAT) of Rs 31.05 crore a year ago. For the full financial year ended March, the company reported a

GQG, Qatar Investment, IHC make hefty gains in Adani group shares. The Adani group shares, which had crashed after a report by the short seller Hindenburg Research in Jan 2023, recovered after the promoters sold their shares in various group cos to GQC Partners

Hindalco Industries Q4 results: Net profit rises 31.6% to Rs 3,174 crore. Wins a copper mine in auctions, scouts for nickel, lignite cobalt in India auctions.

Karnataka Bank Q4 results: Net profit declines 23% to Rs 274 crore. Karnataka Bank on Friday posted a 23 per cent decline in net profit to Rs 274 crore for the fourth quarter ended March 2024 due to a one-time staff cost increase. The private sector bank had earned a net profit of Rs 354 crore in the same quarter a year ag

Google to invest nearly 0 mn in Flipkart as part of fresh funding round. This fundraise will give enough firepower to Flipkart to counter competition from Amazon, Reliance JioMart, and Tata Digital and tap the next 200 million customers in the country, especially in Tier-I

Sun TV Networks Q4 results: Net profit increases 9% to Rs 414.9 crore. Sun TV Networks Ltd on Friday reported a 9.08 per cent increase in consolidated profit after tax (PAT) to Rs 414.94 crore for the March quarter. The company had reported a PAT of Rs 380.40 crore in the January-March period a year ago, according to a BSE fi

Cochin Shipyard Q4 results: Net profit rises multi-fold to Rs 259 crore. State-owned Cochin Shipyard Ltd on Friday reported multi-fold growth in its consolidated net profit to Rs 258.88 crore for the March 2024 quarter on account of higher income. It had clocked Rs 39.33 crore profit in the year-ago period, the company said in

Torrent Pharma Q4 results: Net profit increases 56.45% to Rs 449 crore. Torrent Pharmaceuticals Ltd on Friday reported a 56.45 per cent jump in consolidated net profit to Rs 449 crore in the March quarter, riding on higher revenue. The company had posted a consolidated net profit of Rs 287 crore in the same period of the previ

Torrent Pharma Q4FY24 results: Net profit up 57%, revenue rises 10%. At an operational level, Torrent Pharma's earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 21 per cent to Rs 883 crore

Vodafone Idea shares jump 7.5% on global broking firm UBS upgrade. The telco has to pay Rs 12,000 crore to the government between October 2025 and March 2026, taking into account both principal and interest

Aditya Birla Group's market capitalisation crosses 0 billion milestone. The combined market capitalisation of the Aditya Birla Group firms has crossed the USD 100 billion mark (Rs 8,51,460.25 crore) on Friday. The group firms -- UltraTech Cement, Grasim, Hindalco, Aditya Birla Capital, Aditya Birla Sun Life AMC, Vodafone Idea,

Flight cancellations resume at Air India Express amid software woes. According to FlightAware, the airline cancelled a total of 69 flights between Sunday and Wednesday. Additionally, sources reported that approximately 12 flights were cancelled on Thursday

HCC Q4 results: PAT rises 22% to Rs 246 cr, total income at Rs 1,813 cr. Hindustan Construction Company (HCC) on Friday reported 22.12 per cent rise in consolidated net profit at Rs 246.2 crore for the quarter ended March 2024. The company had clocked a profit of Rs 201.6 crore in the year-ago period, it said in a BSE filing. T

Indiabulls Housing Finance Q4 results: Net profit up 21% at Rs 319 crore. Indiabulls Housing Finance Ltd on Friday posted a 21 per cent rise in consolidated net profit to Rs 319 crore for the March quarter. The mortagage firm had reported a net profit of Rs 263 crore in the year-ago period. Its revenue from operations rose to Rs

Ashok Leyland to unveil 5-6 new products under LCV segment: MD Agarwal. Hinduja Group flagship company Ashok Leyland has lined up 5-6 product launches this year in the light commercial vehicle segment, a top official said here on Friday. The city-based medium and heavy commercial vehicle maker has earmarked Rs 500 to Rs 700 cr

Jio Financial Services eyes Rs 36,000 crore deal with Reliance Retail. Reliance Retail is a step-down subsidiary of Reliance Industries Ltd. RIL holds 83.56 per cent in Reliance Retail Ventures Ltd

NTPC Q4 results: Net profit rises 33% on the back of higher revenues. State-owned power giant NTPC on Friday posted a 33 per cent rise in its consolidated net profit to Rs 6,490.05 crore in the March 2024 quarter, mainly on the back of higher revenues. The company had reported Rs 4,871.55 crore consolidated net profit in the

United Spirits Q4 results: PAT rises 88% to Rs 384 cr on strong demand. The company's profit rose over 88% to Rs 384 crore (around million) in the March quarter, beating analysts' expected profit of Rs 248 crore, according to LSEG data

Hindustan Copper Q4 results: Net profit increases 6% to Rs 124 crore. State-owned Hindustan Copper Ltd on Friday reported a 6 per cent drop in consolidated net profit to Rs 124.33 crore for the March quarter. The company had posted a consolidated net profit of Rs 132.31 crore in the year-ago period. The consolidated income d

Prathyusha Agarwal to head Flipkart's social commerce platform Shopsy. Shopsy is Flipkart's hyper-value e-commerce platform that competes with Meesho and Amazon Bazaar

India Grid Trust Q4 results: Net profit declines 57% to Rs 58 crore. India Grid Trust on Friday reported a 57 per cent fall in consolidated profit to Rs 58.4 crore for the March 2024 quarter, dragged by higher expenses. It had clocked Rs 137.1 crore profit in the year-ago period, the company said in an exchange. The company

Adani Solar to expand business base in Kerala, sees huge potential in state. Adani Solar on Friday said it will be expanding its business in Kerala as the southern state has huge potential in the solar energy market. As part of its expansion plans, the company, which is the solar PV manufacturing arm of Adani Group, signed an MoU w

ICRA Q4 results: Net profit up 21.8% to Rs 47 cr, total revenue rises 13.7%. For financial year FY24, its consolidated net profit rose to Rs 152.24 crore up from Rs 136.72 crore in FY23

Adani Group mcap rises to Rs 17.5 trn, highest since Hindenburg incident. Shares of flagship Adani Enterprises rose 8 per cent, followed by Adani Ports, which closed the day with a 4.7 per cent gain

Air India announces salary hike, annual performance bonus for pilots. The new compensation structure, effective April 1, will see first officers and captains receive a monthly salary hike of Rs 5,000, while commanders' pay will be raised by Rs 11,000

Boeing sees negative free cash flow in 2024 as deliveries remain sluggish. Top U.S. enforcement officials are also weighing whether to charge the company for violating an agreement that shielded it from prosecution stemming from previous jet crashes in 2018 and 2019

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