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NSE share market NEWS tomorrow (24 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 May 2024

Idea Cellular was amongst the top gainers, currently trading at 15.10 in NSE with 2.201 times change in volumes and 7.473% change in price. Other gainers included Bharat Forge with 5.374% price change and 7.867 times volumes, Power Finance with 5.222% price change and 2.631 times volumes, Bse with 4.443% price change and 1.462 times volumes, and Hindustan Aeronautics with 4.379% price change and 2.721 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.

Inox Wind was amongst the top losers, currently trading at 165.00 in NSE with 8.029 times change in volumes and -72.734% change in price. Other losers included Bharat Dynamics with -45.81% price change and 1.857 times volumes, One 97 with -4.295% price change and 1.685 times volumes, Computer Age with -3.713% price change and 0.382 times volumes, and Fsn E with -3.446% price change and 0.549 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.

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

Investments by PE, VC funds decline 35% in April to .4 bn: Report. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said

With expansion on mind, JSW Energy builds money purse, human capital. In April, JSW Energy completed a fund raise of Rs 5,000 crore through the qualified institutional placement (QIP) route

HCLTech to acquire certain assets of HPE's Communication Tech for 5 mn. IT company HCLTech on Thursday said it will acquire certain assets of Hewlett Packard Enterprise's Communications Technology Group (CTG) for USD 225 million, about Rs 1,874 crore, in an all-cash deal. As part of this agreement, approximately 1,500 employee

Fortis Healthcare Q4 results: Net profits up 46.9%, revenue rises 8.7%. The company's revenue from operations rose to Rs 1,786 crore in Q4 FY24, an 8.7 per cent Y-o-Y rise from Rs 1,643 crore reported in Q4 FY23

Segantii Capital to shut as insider trading charge draws redemptions. The executives said the hedge fund will wind down in a measured fashion, and deferred questions on compensation and jobs, the person added. The company said separately that it's suspending redemptions

Tesla excludes delivery goal of 20 mn vehicles a year in impact report. Slowing growth in EV demand and tough competition have hit demand for Tesla's vehicles

Azad Engineering to build fully integrated advanced turbo engine for DRDO. AZAD will start delivering fully integrated advanced turbo engines by early 2026

Capital Group buys over 322,000 shares of IT firm Coforge for Rs 163 cr. Financial services company Capital Group on Thursday bought shares of IT company Coforge for Rs 163 crore through an open market transaction. US-based Capital Group through its affiliate New World Fund Inc acquired shares of Coforge through a bulk deal on

'Volkswagen in talks about passenger car production partnership in India'. The comments come after Volkswagen in February signed a supply agreement with India's Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles

Goswami Infratech gets nod to delay payment due this month: Report. The company has received sufficient creditor backing for a proposal to delay a bond payment, according to the people familiar who asked not to be identified

Sterlite Power gets stakeholders' nod to demerge transmission business. Sterlite Power Transmission Ltd (SPTL) on Thursday said it has received shareholders' nod to demerge its transmission business. The demerged transmission infrastructure is to be housed under Sterlite Grid 5 Ltd, and the global products and specialised EPC

Ex-Wipro boss is highest-paid Indian IT CEO for second year straight. Thierry Delaporte earned mn in FY24 and mn the year before; he resigned last month

Cube Highways announces Rs 3.94 per unit dividend totaling Rs 508 cr for Q4. Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt Ltd has approved Rs 3.94 per unit distribution to ordinary unitholders aggregating Rs 508 crore for Q4 FY24. The per unit distribution comprises Rs 1.79 as interest, 20 paise as dividend, Rs 1

Page Industries Q4 earnings miss on high inventory costs, muted demand. Soaring inventory costs hit Page Industries' bottom-line even as post-COVID demand for its innerwear and athleisure collections stayed steady

IndiGo Q4 results: Net profit zooms 106% to Rs 1,895 crore, revenue up 26%. IndiGo Q4 FY24 results: The company reported a 25.9% year-on-year growth in revenue from operations at Rs 17,825.27 crore, from Rs 14,160.6 crore

Zudio sold 90 t-shirts, 17 lipsticks each minute in FY24, entered 46 cities. Tata Group's fashion chain appeals to young Indians looking to refresh their wardrobe regularly, says annual report of parent company Trent

Yatharth Hospitals Q4 result: Net profit up 121%, revenue rises 24%. The company also announced the commencement of operations at their newly acquired hospital in Faridabad, strengthening its presence in the Delhi NCR market

JK Lakshmi Cement Q4FY24 results: Net profit rises 43% to Rs 157 crore. JK Lakshmi Cement Q4FY24 results: The company board recommended a final dividend of Rs 4.50 per share for the financial year 2023-24

Consultations underway at MCA for expansion of audit firms in India. These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry

Google picks Tamil Nadu for production of smartphones, drones: Report. The Alphabet Inc. unit plans to assemble Pixel phones in the state, setting up new production lines with Taiwanese contract manufacturing partner Foxconn Technology Group

Sterlite Power gets stakeholders' nod to demerge its biz into 2 entities. Move to unlock funding avenues for the power equipment business: MD Pratik Agarwal

Honasa Q4 results: Net profit up at Rs 30.48 cr over strong demand. Skincare firm Mamaearth's parent posted a near 22% rise in revenue from operations to Rs 471 crore

Schneider Electric Infra Q4 results: Net profit down 92% at Rs 3.28 cr. Schneider Electric Infrastructure reported a on-year decline of 92.68 per cent in net profit to Rs 3.28 crore in March quarter, mainly due to higher expenses. The company had reported a net profit of Rs 44.84 crore in the quarter ended on March 31, 2023, t

IndiGo to introduce business class in flights on busiest routes this year. The country's largest airline IndiGo on Thursday said it will introduce business class in flights on the busiest routes this year. Details on product offering, launch date and routes will be unveiled around its 18th anniversary in August. "In a groundbreak

Domestic travel, tourism sector ready to capitalise on upcycle: IHCL MD. The Indian travel and tourism sector is well-positioned to capitalise on an upcycle, driven by factors, including the demand-supply gap, penetration opportunities in Tier II and Tier III markets and rebound in foreign tourist arrivals, according to Indian

Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales. The company's SU7 currently has four models, with prices ranging from 215,900 to 299,900 yuan. As of May 15, Xiaomi has delivered 10,000 EVs

Google logs into Tamil Nadu for drone unit; may rope in Foxconn for Pixel. The US tech giant will manufacture drones in the state through its subsidiary Wing LLC, giving a leg up to India's plan to become a drone making hub of the world

Nvidia forecasts quarterly revenue above estimates, unveils stock split. First-quarter revenue surged 262% year-over-year to .04 billion, beating estimates of .65 billion. Net income soared 628% to .88 billion

Crypto exchange CoinSwitch publishes third edition of proof of reserves. Assets held by PeepalCo, the parent brand of CoinSwitch, are in addition to these funds and are not included in the PoR assessment

Boeing faces 'long road' on safety issues after door accident: US FAA. In late February, FAA Administrator Mike Whitaker gave Boeing 90 days to develop a comprehensive plan to address 'systemic quality-control issues' and barred it from expanding 737 MAX production

Mamaearth Q4 results: Records highest-ever quarterly profit at Rs 30.5 cr. The company's consolidated revenue from operations grew 21 per cent year-on-year (Y-o-Y) to Rs 471.1 crore in Q4, up from Rs 387.9 crore a year ago and Rs 488.2 crore in Q3 FY24

Air India gives increments to staff, announces performance bonus for pilots. Air India on Thursday announced annual salary increments for its staff, and also introduced an annual target performance bonus for pilots, according to sources. This is the first appraisal process after Tata Group took over the loss-making airline a little

ITC Q4 results: Net profit down 1.06% at Rs 5,121 cr, revenue increases. The heavy-lifting cigarettes segment clocked a 7.5 per cent Y-o-Y growth in revenue at Rs 8,688.92 crore in Q4 FY24

CESC Ltd Q4 result: PAT declines 7% to 415 cr, total income at Rs 3,460 cr. CESC Ltd on Thursday reported a 6.74 per cent fall in its consolidated profit to Rs 415 crore for the March quarter, supported by higher income. It had clocked a net profit of Rs 445 crore in the year-ago period, the power company said in an exchange filin

NCLT asks Kirloskars to abide by settlement agreement signed in Sept 2009. The Kirloskar family is embroiled in a legal battle over group assets, with Sanjay Kirloskar, chairman of Kirloskar Brothers (KBL), on one side and his brothers, Atul and Rahul, on the other

Israel-based Taro's shareholders approve merger with Sun Pharmaceutical. The merger agreement between Sun Pharma and Taro was approved by an affirmative vote of Taro shareholders at an extraordinary general meeting and an ordinary class meeting on May 22

JSW Paints breaks even at operating level in FY24, revenue crosses Rs 2k cr. The company attributed the rise in gross revenues to a significant ramp-up in both decorative paints and industrial coatings businesses

NCLT asks IIHL to seek regulatory clearances for RCap acquisition. The order was in response to IIHL's application before the NCLT seeking an extension of the May 27 deadline on account of several pending regulatory approvals and compliances

IndiGo Q4 results: Net profit doubles amid high demand for air travel. Interestingly, the escalation in the airline's total costs for Q4 stemmed primarily from rising non-fuel expenses such as aircraft maintenance, airport fees, and employee costs

After collapse of merger talks, Zee seeks mn termination fees from Sony. Zee said it has, on account of Culver Max's and BEPL's breaches under the merger cooperation agreement, terminated the agreement by issuing a letter dated May 23

Reliance, Disney seek antitrust nod with cricket rights assurance: Report. The deal is set to reshape India's billion media and entertainment market, where the Reliance-Disney combo will compete with Netflix, Amazon Prime, Zee Entertainment and Sony

Fortis Healthcare Q4 results: Net profit jumps 47% to Rs 203 crore. Fortis Healthcare Ltd on Thursday reported a 46.88 per cent increase in consolidated net profit at Rs 203.14 crore in the fourth quarter ended March 2024 on the back of higher revenue from its core business. The company had posted a consolidated net profit

ICAI aims to facilitate 0 mn funding through startup event in June. Chartered accountants' apex body ICAI on Thursday said it aims to facilitate funds worth over USD 200 million to startups through an event scheduled to be held in Bengaluru from June 27 to 29. It will organise the second edition of the Startup Sphere, and

MCA fines LinkedIn India, Nadella, 8 others for companies law violations. The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant beneficial owner norms under the companies law. Nadella is the chief of Microsoft, which

Disney to sell 30% stake in Tata Play to Tata Group, valuing co at bn. The transaction values Tata Play Ltd. at about billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney

Petronet LNG Q4 results: Net profit increases 20% to Rs 738 crore. Petronet LNG Ltd -- India's largest liquefied natural gas importer -- on Wednesday reported a 20 per cent rise in the March quarter net profit on the back of importing higher LNG volumes. For the entire 2023-24 fiscal (April 2023 to March 2024), Petronet r

Significant use cases will emerge for 5G services: Ericsson India MD. Swedish telecom gear maker Ericsson expects significant use cases to emerge in India for 5G services that will drive densification of telecom networks in the country, a senior company official said on Wednesday. Ericsson India Managing Director Nitin Bansa

Sundram Fasteners Q4 results: Net profit up 5%, total revenue rises 2%. The consolidated earnings per share (EPS) for the quarter ended March 31, 2024, amounted to Rs 6.36, compared to Rs 6.01 in the corresponding period last year

Vedanta seeks shareholders' approval for Rs 8,500 crore fundraise. Mining billionaire Anil Agarwal-led Vedanta Ltd has sought shareholders' nod to raise up to Rs 8,500 crore through issuance of securities. "We hereby submit a copy of Postal Ballot Notice....seeking approval of the Members of the company in respect of...is

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex. Semi-annual rebalancing of BSE indices on Friday

MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms. Company law experts have noted that the company has the option to appeal against the RoC order at the office of the regional director, MCA, or high court

Prosus, Dharana, Vy Capital to buy Urban Company's shares worth Rs 203 cr. Urban Company on Wednesday said Dutch investment firm Prosus as well as Vy Capital and its offshoot Dharana Capital will buy shares worth Rs 203 crore from the employees of the on-demand home service firm. Urban Company has announced its fifth Employee Sto

Adani group mcap regains 0 bn-mark as co rebuts coal invoicing claims. Adani Group's market capitalisation on Wednesday regained USD 200 billion-mark (Rs 16.9 lakh crore) after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company

Grasim Industries Q4 results: Net profit rises 15.5% to Rs 2,721.81 cr. Grasim Q4 results: The board recommended dividend of Rs 10 per equity share for FY24

Noel Tata's three children to be on five Tata Trusts' board seats. The move is being seen as part of the Trusts' succession plan

Gland Pharma Q4 results: Net profit jumps over two-fold to Rs 192 crore. Gland Pharma on Wednesday said its consolidated profit after tax (PAT) surged over two-fold to Rs 192 crore for the March quarter. The company has reported a PAT of Rs 79 crore in the year-ago period, the Hyderabad-based drug firm said in a statement. Reve

Adani Group plans to invest bn for global ports expansion in 3-5 years. Adani Ports aims to increase cargo traffic in the Middle East, Southeast Asia, Africa, and the Mediterranean through strategic acquisitions and partnerships over the next 3-5 years

SpiceJet to seek refund of Rs 450 crore from Kalanithi Maran and his firm. Private airline SpiceJet has already disbursed Rs 730 crore to Maran and his firm, of which, Rs 580 crore represents the principal amount, with an additional interest component of Rs 150 crore

Cipla receives USFDA approval to market Lanreotide injection in US. Drug major Cipla on Wednesday said it has received approval from the US health regulator to market a generic medication used to treat acromegaly and other conditions. The company has received the final approval from the US Food and Drug Administration (USF

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