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

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

Pg Electroplast was amongst the top gainers, currently trading at 3182.45 in NSE with 3.212 times change in volumes and 5.831% change in price. Other gainers included 360 One with 5.309% price change and 1.519 times volumes, Hdfc Bank with 3.113% price change and 2.78 times volumes, Nuvama Wealth with 2.92% price change and 3.622 times volumes, and Axis Bank with 2.916% price change and 2.631 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.

Kei Industries was amongst the top losers, currently trading at 4435.35 in NSE with 1.823 times change in volumes and -5.436% change in price. Other losers included Mazagon Dock with -4.997% price change and 0.531 times volumes, Hindustan Aeronautics with -4.003% price change and 0.74 times volumes, Bharat Dynamics with -3.899% price change and 0.543 times volumes, and Phoenix Mills with -3.807% price change and 0.837 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.

WeWork gets CCI nod to sell stake in local unit, exit Indian market. Deal value not revealed; regulator expected to release detailed order is likely later

Salesforce starts public sector division; enters digital creditors' market. Salesforce on Wednesday announced the launch of its public sector division in India to tap into the booming market and unveiled its digital lending offering tailored to Indian needs, as the enterprise software giant underlined its firm commitment to the ma

State Bank of India to raise up to Rs 20,000 cr via long-term bonds in FY25. During the last financial year, SBI raised a total of Rs 20,000 crore through the sale of 15-year infrastructure bonds

Sri Lanka SC asks govt & Adani group to respond over wind power project. Sri Lanka's Supreme Court has given Prime Minister Dinesh Gunawardena, the Cabinet and the Adani Group three weeks to file preliminary objections to a petition filed by an environmental group against the wind power project undertaken by the Indian conglome

JLR to licence Freelander to develop EVs on Chinese JV partner's platform. Tata Motors-owned Jaguar Land Rover on Wednesday said it has signed a letter of intent with its Chinese joint venture partner Chery to license the Freelander brand to their JV for development of electric vehicles in China. Under the proposed new licensing

Coal India awards 23 discontinued underground blocks to private miners. State-owned Coal India on Wednesday said it has awarded 23 discontinued underground blocks to private miners through an auction route on revenue sharing model. The cumulative peak rated capacity of these mines is 34.14 million tonnes per year while the tot

ADB approves 0 million loan to strengthen health sector in India. The 0 million policy-based loan will help in the implementation of the government's National Health Policy 2017

Axis Bank buys additional stake in Max Life Insurance for Rs 336 crore. Shares of the bank, India's fifth largest by market capitalisation, jumped as much as 2.2% after the news. The stock was among the top gainers on the Nifty 50 index

SBI to raise up to Rs 20,000 cr via long-term bonds to fund infra projects. The bonds to be issued in tranches depending on market conditions

Blue Dart begins drone deliveries for couriers in partnership with Skye Air. Drone delivery is a major step towards sustainable, swift, and eco-friendly solutions, Blue Dart said

Tata Motors-owned JLR drives up plan to invest Rs 1.9 trn till FY28. In FY24, the company had invested 3.3 billion pounds, and in FY25, it aims to invest 3.5 billion pounds. In FY25, the automaker expects to be net cash-positive

Google launches Gemini Chatbot service in India, other South Asian nations. This announcement marks a significant step in Google's efforts to broaden the reach of its chatbot technology beyond select markets, as per reports by GSM Arena

Vraj Iron and Steel's IPO to open on Jun 26, eyes to raise Rs 171 cr. Vraj Iron and Steel is set to raise Rs 171 crore through its initial share-sale, which opens for public subscription on June 26. The three-day initial public offering (IPO) will conclude on June 28 and the bidding for anchor investors will open for a day o

Jakson Green bags NTPC bid for project to produce 4G ethanol from flue gas. New energy transition platform Jakson Green on Wednesday said it has bagged an order from state-owned NTPC for setting up a plant to produce 4G ethanol from flue gas. The proposed plant at Lara in Chhattisgarh will produce 10 tonnes per day (TPD) of 4G eth

EESL ties up with APEPDCL to promote energy efficiency, conservation. State-owned Energy Efficiency Services Ltd (EESL) on Wednesday said it has partnered with Andhra Pradesh Eastern Power Distribution Company Ltd (APEPDCL) to promote the adoption of energy efficiency and enable energy conservation within the power distribut

TaMo announces third price hike for CVs in 2024 amid rising commodity costs. This hike will be applicable across the entire range of commercial vehicles, with variations depending on individual models and variants

Air India banks on artificial intelligence to cut call centre costs. The airline had launched its own chatbot AI.g, earlier known as Maharaja, in May 2023

Vodafone sells 18% stake in Indus Towers for Rs 15,300 cr; to pay bank dues. British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). The company will use the major portion of the proceeds to pay 1.8 billion euro outstanding bank borrowings secu

Akme Fintrade's Rs 132 crore IPO subscribed 3 times on Day 1 of offer. The initial share sale of non-banking finance company Akme Fintrade (India) Ltd received 3 times subscription on the first day of bidding on Wednesday. The Rs 132 crore initial public offer received bids for 2,36,47,500 shares against 78,65,000 shares on o

Titan lines up aggressive expansion plans for Tanishq, other brands: MD. Tata Group's Titan Company Ltd has drawn up aggressive expansion plans across its various brand verticals, especially jewellery vertical Tanishq and saree label Taneira this year, a top official said. The company is also planning to launch its exclusive la

NHAI plans to offer 15 projects worth Rs 44,000 cr under BOT mode in FY25. State-owned NHAI is looking to offer 15 road projects worth Rs 44,000 crore covering 937 km during the current financial year under the Build-Operate-Transfer (BOT) mode. Earlier this year, Ministry of Road Transport and Highways (MoRTH) came out with a mo

Hyundai's IPO poised to boost already-buzzing Indian automakers' valuations. Local auto stocks have already added billion in market value so far this year, rising nearly 40 per cent - over four times the advance in the country's equity benchmark

Advisory firm against Gautam Singhania's reappointment to Raymond's board. A proxy advisory firm has recommended the shareholders of the leading textile and fabric manufacturer Raymond to vote against the reappointment of Chairman & Managing Director Gautam Singhania on the board of the company. It has called for an independent i

British telecom major Vodafone rings in Rs 28,500 crore bulk deal day. Sells 18% stake in Indus Towers for Rs 15,300 crore

AC in Delhi-Darbhanga flight 'experienced slight inefficiency': SpiceJet. No-frills carrier SpiceJet on Wednesday said the air conditioning in its Delhi to Darbhanga flight "experienced slight inefficiency" during boarding at Delhi Airport even as media reports suggested that passengers had to wait inside the aircraft for an hou

Zurich completes 70% stake buy for Rs 5,560 cr in Kotak General Insurance. The stakes were acquired through a combination of fresh growth capital and share purchase

IOC, GPS Renewables form joint venture for sustainable energy solutions. State-owned Indian Oil Corporation (IOC) on Wednesday said it has entered into a joint venture with biofuels company GPS Renewables Pvt Ltd to foster sustainable energy solutions in India. "This association will pave the way for the formation of a 50:50 jo

Planning to double market share in country, says Volvo CE India MD. Volvo CE India, a subsidiary of the Swedish Volvo group, aims to double market share in the segments it operates in the country, a top company official said on Wednesday. "We are present in 40 per cent of the earth moving and construction equipment (CE) se

Board of Axis Bank gives nod to hike stake in Max Life for Rs 336 cr. Max Life Insurance is a subsidiary of Max Financial Services

Bombay High Court adjourns hearing on appeal by Subhash Chandra to June 26. Chandra had filed an appeal against the order and summons by Sebi in the alleged fund diversion matter in Zee Entertainment Enterprises

Govt impounds Som's distillery, suspends licences over child labour. Police launched an investigation into Som after the National Commission for Protection of Child Rights (NCPCR) last week found 39 boys and 20 girls working at the factory

India to become NetApp's top Apac market in 3-5 years: VP Puneet Gupta. With India emerging as a global leader in AI adoption, it is poised to become the largest market in the Asia-Pacific region in the next five years for intelligent data infrastructure company NetApp, a top company official said on Wednesday. India has emerg

Gland Pharma promoter Fosun divests 6% stake for Rs 1,754 cr via bulk deal. Fosun Pharma, one of the promoters of Gland Pharma, on Wednesday divested a 6 per cent stake for Rs 1,754 crore through an open market transaction. Chinese drug firm Fosun Pharma, through its arm Fosun Pharma Industrial Pte, offloaded the shares of Hyderab

Nachiket Pantvaidya appointed General Manager of Sony Pictures India. Sony Pictures Entertainment on Tuesday said it has appointed Nachiket Pantvaidya as General Manager of Sony Pictures International Productions (SPIP), India. He will oversee local Indian production while working alongside Shony Panjikaran, General Manager

The Pant Project raises .25 mn in series-A round led by Sorin Investments. The D2C fashion brand plans to double down on its omnichannel retail strategy and cross Rs 100 crore in revenue within the next 18-24 months

Coca Cola proposes billion deal to top four Indian business families. Coca-Cola India has approached four of the top Indian business families, seeking an investment of up to billion as it eyes further expansion in the country

Vivo to open India's largest smartphone plant in Greater Noida next month. The facility in Greater Noida boasts an annual production capacity of 120 million devices and has been established with an investment exceeding Rs 3,000 crore

Vodafone Idea seeks Rs 23,000 crore term loan to boost 4G and 5G rollouts. Telecom major Vi plans to invest Rs 50,000-55,000 crore over the next three years to enhance and strengthen its 4G connectivity and rollout 5G networks in key markets

Startup Landeed raises funds from Paradigm Shift to extend product line. Proptech startup Landeed on Tuesday said it has raised funds in a strategic financing round led by Paradigm Shift VC. The company did not disclose the amount of funds raised. Landeed in a statement said it will utilise the fresh capital to extend its produ

Adani Ports leads global peers in market value as cargo volumes surge. Adani Ports & Special Economic Zone Ltd.'s market capitalisation has climbed to about billion

HUDCO raises 0 mn from overseas lenders for its foray into loan market. Housing and Urban Development Corporation (HUDCO) has raised USD 200 million (JPY 30 billion) in its maiden foray into the syndicated loan market, its arranger said on Tuesday. The state-run body has raised the five-year money as part of its inaugural "soc

BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities. The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum

State-run Coal India exploring lithium assets in Argentina with US company. India and the United States said on Monday they were co-investing in a lithium resource project in South America and a rare earths deposit in Africa to diversify critical minerals supply chains

Alyve Health raises .5 mn in Series A funding led by Axilor Ventures. Health tech platform Alyve Health on Tuesday said it has raised USD 5.5 million (over Rs 45 crore) in a Series A funding round led by Axilor Ventures. The investment round saw participation from 1Crowd Fund, an existing investor, as well as Inhealth Ventur

Dhanlaxmi Bank appoints Ajith Kumar KK as MD & CEO for 3-year tenure. Private sector Dhanlaxmi Bank on Tuesday said it has appointed Ajith Kumar KK as Managing Director (MD) of the bank. He will take charge on June 20, Kerala-based Dhanlaxmi Bank said in a regulatory filing. The board at its meeting held on Tuesday approved

India is largest market for Maggi noodles, 6 billion servings sold in FY24. Nestle India also noted that it sold 4.2 billion fingers of popular chocolate KitKat, making India its second-largest market

Amazon expands grocery service to over 130 cities as competition increases. The firm is expanding rapidly amid increasing competition in the sector, where it is competing with players like Flipkart, Reliance's JioMart, Tata Digital-owned BigBasket, and others

BLS E-Services to acquire 55% stake in Aadifidelis Solution for Rs 190 cr. Visa services provider BLS International on Tuesday said its subsidiary BLS E-Services Limited (BLSE) has signed an agreement to acquire 55 per cent in Aadifidelis Solutions and its affiliates for an enterprise value of about Rs 190 crore. BLSE has entered

Piramal Finance plans to double retail AUM to Rs 1 trillion by FY28. Since the acquisition of DHFL in 2021, the goal has been to build on its strong customer franchise in smaller towns

Work, family pressure hinders learning among 91% Indian workers: LinkedIn. Notwithstanding the fact that a significant percentage of professionals in India say that their company is doing enough to cultivate a culture of learning, 9 in 10 professionals find it hard to prioritise learning due to work and family commitments, says a

Vodafone to sell 10% stake in Indus Towers for up to .1 billion. Vodafone plans to repay part of its .17 billion net debt using proceeds from the Indus Towers stake sale

Infosys launches Aster for AI-powered marketing for business growth. It drives AI-led transformation of marketing with integrated, real-time view across customers, brands and channels, enabling companies to increase ROI from marketing

Vodafone to offload 10% in Indus Towers to raise up to Rs 9,000 crore. Vodafone Group Plc currently owns 21.5 per cent stake in Indus via various group entities. It will use the proceeds to repay its own debt

NBCC gets Rs 70 cr contract from Grid-India for interior works in office. State-owned NBCC (India) Ltd has bagged a Rs 70 crore project from Grid Controller of India for executing interior works in new corporate office in the national capital. In a statement, NBCC said it has inked a memorandum of understanding with Grid Control

Cipla to invest additional 3 mn euro in mRNA technology company Ethris. The aim is to accelerate Cipla's entry into the mRNA space and deliver innovative mRNA-based therapies, particularly targeting respiratory treatments, to patients in emerging markets

NTT DATA appoints Abhijit Dubey as CEO of its business outside Japan. NTT DATA has already expanded its international footprint to approximately billion and has the world's sixth-largest market share in the IT services industry

Amazon Pharmacy expands eligibility for subscription to Medicare patients. Amazon has worked to lure customers away from more established pharmacies like CVS and Walgreens since launching its pharmacy unit in 2020

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'. Mukund Galgali, the head of Zee's commercial and strategic initiatives, has been with the group for 17 years. He will assume responsibilities as acting CFO from Wednesday

AI app evaluation platform Maxim AI raises mn led by Elevation Capital. Maxim's infrastructure, which sits between the foundational model and application layers of the AI stack, is deeply focused on AI developers who comprise the traditional AI/ML engineers

Vedanta target price raised 15%; M&M stock surges 91% in 5 months. The Anil Agarwal group co value has risen by over 70 per cent this year. Analysts say operational efficiencies, cost reduction, improved operating profit, and proposed demerger have underpinned gains

Bosch joins the elite group of companies with mcap of Rs 1 trillion. With Tuesday's gain, the stock has recovered by 25 per cent from its low of Rs 27,500 on June 4

Vedanta Resources proposes to cut debt by bln over next three years. Vedanta Resources, whose debt stood at billion as of March 2024, has been grappling with a host of rating downgrades since last year as analysts flagged liquidity issues and high default risk

Godrej Group's internal restructuring gets Competition Commission's nod. The Competition Commission of India (CCI) on Tuesday said it has approved the proposed internal realignment within the Godrej group. "The proposed combination relates to realignment of interests, legal ownership, and management of various entities within t

Gautam Adani meets Bhutan PM, signs MoU for 570 MW green hydro plant. Adani Group chairman Gautam Adani has met Bhutan Prime Minister Tshering Tobgay and signed a Memorandum of Understanding with the country's Druk Green Power Corporation for a 570 MW hydroelectric plant in Chukha province.Further, he praised Bhutan's effort

This 50-year-old Kitty has fetched over .5 billion for its owner. Global sensation Hello Kitty, the iconic red bow-wearing cat, turns 50 this year. Over five decades, her cuteness has captivated audiences worldwide, generating billions for her Japanese owner, Sanrio

Wells Fargo fires staff for faking keyboard activity: How do employers spy?. Reports of employees using software to simulate mouse activity on devices to deceive their companies during work hours have surged since the Covid-19 pandemic

SoftBank Group-backed Oyo in talks to raise Rs 1,000 cr from family offices. After withdrawing its application for an IPO last month, Oyo is set to hold an extraordinary general meeting (EGM) on Tuesday to approve the fundraising after increasing its authorised share capital

Over 50 high-impact growth projects to help Vedanta achieve bn Ebitda. Mining conglomerate Vedanta Group's strategic roadmap to a USD 10 billion near-term EBITDA will be powered by timely execution of over 50 high-impact growth projects, including those in zinc, aluminum, oil and gas and power businesses. These projects are a

Vodafone Idea eyes share issue to Nokia, Ericsson for debt settlement. Vi disclosed plans to raise up to Rs 2,458 crore through a preferential share allocation to Nokia and Ericsson, aimed at clearing a portion of their pending dues

Adani gets environmental nod for Rs 45,000 cr Mundra port expansion. The environmental and coastal regulation zone approvals from the Centre will allow the company to more than double capacity of its flagship Mundra port to 514 million tonnes

Durlax Top to raise Rs 40 cr via IPO, fixes price at Rs 65-68 per share. Solid surface manufacturer Durlax Top Surface plans to raise around Rs 40.80 crore through its initial public offer which will open for subscription on June 19, a statement said on Monday. The company, which has been involved in the business of solid surfa

Alembic gets USFDA nod for generic injection to treat hereditary angioedema. Alembic Pharmaceuticals Ltd on Monday said it has received final approval from the US health regulator for its generic Icatibant injection indicated for the treatment of acute attacks of hereditary angioedema in adults. The approval by the US Food & Drug A

Gruner to set up compressed biogas plant in Gujarat at Rs 220-cr investment. Gruner Renewable Energy on Monday said it will set up a compressed biogas (CBG) plant in Gujarat at an estimated cost of Rs 220 crore. The CBG plant in Navsari is expected to produce 44 tonnes of biogas per day (TPD) using cost-effective feedstocks such as

Mahindra Lifespace aims for Rs 8-10K cr sales in housing, industrial spaces. Realty firm Mahindra Lifespace Developers Ltd is targeting a sharp increase in its annual sales of housing properties and industrial space to Rs 8,000-10,000 crore by 2027-28 fiscal on rising demand. Mumbai-based Mahindra Lifespace sold residential propert

Air India faces scrutiny as passenger finds metal blade in his meal. The passenger claimed that Air India subsequently contacted him a few days later, proposing a complimentary business class journey to any destination worldwide

IFC commits 5 million to Brookfield's Bikaner Solar Power project. International Finance Corporation (IFC), the private sector financing arm of the World Bank Group, on Monday committed USD 105 million (about Rs 870 crore) to Brookfield's Bikaner Solar Power project through long-term non-convertible debentures. These debe

In a first, Disney+ Hotstar launches 'pause ads' feature for CTV feed. Users pause content four to five times daily, with 90% of these pauses lasting less than 10 seconds; Disney+ Hotstar is the first platform in India to introduce the 'pause ads' feature

Indian websites saw 261% rise in cyberattacks in Q1 CY24: Report. The report titled "State of Application Security by Indusface" revealed that power and energy companies faced up to 500 times higher number of attacks than the industry average, said the report

Jewels by Preeti aims to open 15 retail stores across India by year-end. Diamond manufacturer Jewels by Preeti on Monday said the company is planning to open 15 retail stores across major cities in the country by the end of this year. This strategic expansion aims to capture a significant share in the offline market by providin

Ticketing, movie business deal: Zomato, Paytm confirm talks are on. Although neither Zomato nor Paytm disclosed the valuation of the transaction, the potential deal is estimated to be in the range of Rs 1,600 crore to Rs 2,000 crore

Drone logistics solution provider Skye Air bags mn in Series A funding. Skye Air, a drone logistics solution provider, on Monday said it has secured USD 4 million (about Rs 34 crore) funding, which will be used to expand the company's operations across Gurugram and other cities for healthcare, and quick-commerce deliveries. Th

NCLAT orders NCLT to hear afresh insolvency plea by APL Apollo Tubes. The National Company Law Appellate Tribunal (NCLAT) has directed the NCLT to hear afresh the insolvency plea filed by APL Apollo Tubes against one of its purchasers of goods. A two-member bench came down heavily on the Bengaluru bench of the National Compa

Centipede in ice cream: Amul seeks return of tub to launch investigation. On Sunday, a woman from Noida shared photos on social media platform X, showing a centipede in the packaging

ESR buys 27-acre land in industrial, logistic park in Chennai for Rs 276 cr. ESR Group has acquired an additional 27 acres of land to expand its existing industrial and logistics park at Oragadam in Chennai. The enlarged area of ESR Oragadam Industrial and Logistics Park now spans 107 acres with a development potential of 2.5 milli

Lupin appoints Abdelaziz Toumi as CEO of newly established subsidiary LMS. LMS will focus on the development, manufacture, and sale of Active Pharmaceutical Ingredients (APIs) while expanding into the Contract Development and Manufacturing Operations (CDMO) business

Innovation key pillar of growth for Nestle India, says annual report. Penetration, premiumisation and innovation combined with disciplined resource allocation were the key growth drivers for the business, the report stated

Jindal Stainless buys remaining 46% stake in Chromeni Steels for Rs 278 cr. Jindal Stainless on Monday said it has acquired the remaining 46 per cent stake in Chromeni Steels Private Ltd (CSPL) for Rs 278 crore. Consequently, CSPL has become a wholly-owned subsidiary of the company, with effect from June 15, 2024, Jindal Stainless

Neeraj Arora quits Paytm, firm onboards ex-Sebi official Rajeev Agarwal. Former Chief Business Officer of WhatsApp Neeraj Arora has quit the board of the fintech firm One97 Communications, owner of Paytm brand, citing pre-occupation and personal commitments, a regulatory filing said on Monday. Arora had quit the Paytm board ear

SBI to monetise subsidiaries after scaling up their biz: Chairman Khara. SBI Chairman Dinesh Kumar Khara has said the lender would wait for its subsidiaries like SBI General Insurance and SBI Payment to further scale up their operations before monetising them. Scaling up of their operation will increase valuation and ensure bet

PwC India expects rise in small, mid-size merger & acquisition transactions. PwC India anticipates an upswing in the India markets, especially in small to mid-size M&A (merger and acquisition) transactions and growth fundings driven by increasing investors' confidence. The year 2023 witnessed the emergence of a nuanced M&A landscap

Warburg Pincus, QIA in talks to derisk Shriram group arm investment. Shriram Finance Limited (SFL) decided to sell its housing finance business to focus more on its core operations and secure growth capital

Godrej Appliances expects to join billion-dollar club on 30% topline growth. Home-grown firm Godrej Appliances expects to become a billion-dollar company by the end of this fiscal, led by a 30 per cent growth in topline, a senior company executive said. The company is "very optimistic" about the short-term and mid-term outlook of t

IIFL Finance Q4 results: Consolidated net profit falls 6% to Rs 431 cr. IIFL Finance on Sunday reported a 6 per cent decline in consolidated net profit to Rs 431 crore for the March quarter as the RBI barred the financial services firm from undertaking gold loan business. The company had earned a net profit of Rs 458 crore in

Hyundai Motor India gears up for 21% capacity boost in H2 of FY26. Creta EV and three other electric cars to be launched in India, it added

IIFL Finance Q4 results: Profit down 6% to Rs 430.6 cr on higher provisions. For FY24, its consolidated net profit rose by 23 per cent to Rs 1,974.2 crore from Rs 1,607.5 crore in FY23. Its NII rose by 38 per cent Y-o-Y to Rs 4,153.8 crore in FY24

Infinity Learn targets 6th-12th graders, aims to double revenue in FY25. Edtech firm Infinity Learn has increased focus on tapping 6th-12th grade students to expand user base following the government's restriction on physical coaching for those below 16 years, and the company expects to double revenue to Rs 400 crore this fisca

Zomato in talks to acquire Paytm's movie, events biz for Rs 2,000 crore. Once finalised, this will be the food delivery major's second biggest purchase since acquiring Blinkit in 2022 for 9 million in an all-stock deal

CITU opposes govt's move to lower penal charges on defaulting employers. Earlier on Saturday, the ministry of labour and employment issued a notification that significantly lowered the penal charges applicable on employers

RBI puts Rs 1.45 cr fine on Central Bank of India for non-compliance order. The Reserve Bank on Friday said it has imposed a penalty of Rs 1.45 crore on the Central Bank of India for non-compliance with certain directions related to 'loans and advances' and 'customer protection'. The RBI had conducted a statutory inspection for Su

Nykaa to scale up beauty, fashion biz in next 3 years: CEO Falguni Nayar. Moreover, Nykaa aims to grow its fashion business by 2.5x-3x over the next three years, as it looks to become Ebitda positive in the near future

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