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NSE share market NEWS tomorrow (18 June, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (18 June, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 June 2024

Mazagon Dock was amongst the top gainers, currently trading at 4178.25 in NSE with 0.76 times change in volumes and 7.755% change in price. Other gainers included Phoenix Mills with 6.821% price change and 1.496 times volumes, Hindustan Aeronautics with 6.401% price change and 1.572 times volumes, Avenue Supermarts with 6.315% price change and 7.932 times volumes, and Kalyan Jewellers with 5.868% price change and 3.942 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.

Bank India was amongst the top losers, currently trading at 122.22 in NSE with 1.643 times change in volumes and -2.815% change in price. Other losers included Zydus Lifesciences with -2.758% price change and 1.726 times volumes, Max Healthcare with -2.678% price change and 0.271 times volumes, Hindustan Zinc with -2.44% price change and 0.933 times volumes, and Petronet Lng with -2.3% price change and 1.152 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.

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

Diversity, equity, and inclusion hiring rise over 25% in 2023: Report. As India Inc is inching towards becoming more inclusive, a report has revealed that diversity, equity, and inclusion (DE&I) hiring has gone up over 25 per cent from 2022 to 2023. "With industry data indicating that DE&I hiring in India increased over 25 pe

CLSA sees further re-rating scope in Vedanta; stock rises over 2%. Vedanta also expects major cost reductions via alumina refinery capacity expansion, higher power generation efficiency, commissioning coal blocks and bauxite mines, and a smelting capacity increase

S&P puts six Tata Group cos on credit watch rating with positive outlook. S&P Global Ratings on Friday said it has placed credit watch ratings with positive implications on six Tata Group entities, citing possible increase in group support. The companies are Tata Steel Ltd, Tata Motors Ltd, Jaguar Land Rover Automotive PLC(JLR),

InterGlobe Aviation to receive compensation from P&W for engine issues. InterGlobe Aviation -- the parent company of no-frills carrier IndiGo -- on Friday said it will receive a "customised" compensation from aircraft engine maker Pratt & Whitney's affiliate firm International Aero Engine (IAE) for grounded aircraft. "On June

Hyundai Motor India plans to roll out nearly Rs 25,000 crore IPO. Likely to dilute 17.5% stake in country's biggest initial share sale

Sebi cancels registration of Grovalue Fin Services for flouting norms. Markets regulator Sebi on Friday cancelled the certificate of registration of Grovalue Financial Services for flouting regulatory norms. The Securities and Exchange Board of India (Sebi) inspected the matters of Grovalue Financial Services, a Sebi-register

Airtel prepays dues of Rs 7,904 cr for spectrum acquisition in 2012, 2015. Telecom operator Bharti Airtel on Friday said it has prepaid the entire dues of Rs 7,904 crore for the spectrum it acquired in 2012 and 2015 to the Department of Telecom. Airtel acquired spectrum worth Rs 8.67 crore in 2012 and Rs 29,129 crore in 2015 auct

State-owned PFC signs agreement with CVPPPL for Rs 1,870 crore term loan. State-owned PFC on Friday said it has signed an agreement with the Chenab Valley Power Project Private Limited (CVPPPL) to extend a term loan of Rs 1,869.265 crore. The CVPPPL is a 51:49 per cent Joint Venture of NHPC LTD and Jammu And Kashmir State Power

Rajasthan govt begins recalling some batches of MDH and Everest spices. Rajasthan told the federal government in a letter it found a batch of Everest's cumin powder and a batch each of two MDH spice blends unsafe after tests, Reuters reported on Thursday

ESAF SFB to discontinue business correspondent services of ESMACO. Absorb 5,000 plus employees of BC on its rolls

LIC to enter health insurance market via private health insurer: Report. Earlier, LIC Chairman Siddhartha Mohanty had spoken about exploring "inorganic" options for the company's foray into the health insurance segment

Retired US Army General Paul Nakasone joins OpenAI's board of directors. Retired US Army General Paul Nakasone is a global defence cyber expert, who has been instrumental in the development of US cyber defence capabilities

After deal with Tokopedia, ByteDance confirms its layoff plan in Indonesia. ByteDance, the owner of TikTok, did not say how many employees would be affected. Bloomberg had earlier reported there would be 450 jobs cut.

Baby food sugar row: Public Eye, IBFAN call for legal action against Nestle. A report by Public Eye and IBFAN showed that Nestle's baby foods in South Asian, African, and Latin American countries had notably elevated sugar content compared to their European counterparts.

Tata Group in talks to acquire a majority stake in Vivo's India unit. On June 12, a report emerged that the Centre may okay a joint venture between Indian and Chinese companies if the Indian partner holds a majority stake of at least 51 per cent in the firm

Hyundai India recalls 1,744 units of Ioniq 5 over charging control issue. Hyundai Motor India is recalling 1,744 units of its electric model Ioniq 5, due to an issue with the integrated charging control unit, as per the information available with industry body SIAM. The company is recalling the units manufactured between July 21

Zydus gets tentative nod from USFDA for blood pressure lowering drug. Zydus Lifesciences Ltd on Friday said it has received tentative approval from the US health regulator to market Azilsartan Medoxomil and Chlorthalidone tablets, which are indicated for the treatment of high blood pressure. The tentative approval by the US

Hyundai India set to offload 17.5% stake. To raise up to billion in IPO. Hyundai India IPO: The development is a significant moment for the industry in India, as an automaker IPO comes over two decades after Japanese automaker Maruti Suzuki's listing in 2003

Vodafone Group looks to sell entire .3 billion stake in Indus Towers. Vodafone owns 21.5% of mobile-tower operator Indus via various group entities. As of Friday's closing stock price in Mumbai, the investment is worth .3 billion

SoftBank develops AI voice tech to protect workers from angry customers. SoftBank aims to tackle the growing stress levels among call-centre staff, who are facing an increasing number of angry outbursts from dissatisfied customers

Sebi bats for tax benefits in 'zero coupon zero principal bond' investments. To encourage social sector spending, markets regulator Sebi has suggested that the government should allow tax benefits to companies investing in zero coupon zero principal bonds issued by not-for-profit organisations listed at the social stock exchange. T

Vedanta arm WCL to invest bn for Liberia's socio-economic development. Vedanta Sesa Goa on Friday said that its arm Western Cluster Ltd (WCL) is planning to pump in USD 2 billion for the socio-economic development of Liberia, West Africa. WCL is a wholly-owned arm of Bloom Fountain Ltd, which is a wholly-owned subsidiary of V

SpiceJet's domestic passenger market share drops below Akasa Air in May. SpiceJet carried 554,000 passengers in May, a drop of about 10 per cent month-on-month (MoM). On the other hand, Akasa Air carried 664,000 passengers in May, a jump of about 14.5 per cent MoM

Agri firm Samunnati gets Rs 133 cr debt funding from Swiss firm Blue Earth. Agriculture value chain enabler Samunnati on Friday said it has raised Rs 133 crore (USD 16 million) in credit financing from Swiss impact investment firm Blue Earth Capital. This is Blue Earth Capital's first debt investment and will help Samunnati expand

USFDA closes inspection of Lupin's facility with zero 483 observations. The inspection of the Nagpur facility was carried out by the US drug regulator from June 10 to June 13, 2024

Minda Corp partners with Taiwan firm to locally produce sunroof for PVs. Auto components maker Minda Corporation on Friday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works Co to locally produce sunroofs for passenger vehicles. The 50:50 partnership aims to localise the production of

Axis Bank expanding branches to raise more deposits: Deputy MD Rajiv Anand. Axis Bank completed the acquisition of Citibank India's consumer banking business effective March 1, 2023

Adani Enterprises promoters raise stake in company by 2.02% to 73.95%. Total promoter holding in the Adani Group flagship firm has now risen to 73.95% from 71.93% last September

SBI sanctioned 20,000 digital small biz loans up to Rs 50 lakh since Dec. State Bank of India (SBI) has sanctioned around 20,000 loans of Rs 10 lakh to Rs 50 lakh for small businesses as part of a digital lending pilot that started in December, a senior official said on Friday. Having been satisfied with the results of the pilot

Mondelez International teams up with Lotus to take bigger bite from India. Both companies said in a joint release that they will develop new chocolate products combining Biscoff taste and texture with Mondelez's Cadbury

Adani Group marks bn for multiple cement acquisitions in expansion bid. Adani Cement is the second-largest cement producer in India after UltraTech Cement and is looking to capture one-fifth of the domestic cement market by FY28

Bharat Petroleum seeks Rs 31,000 crore loan for Bina refinery expansion. SBI Capital Markets has been appointed to secure the loan required for Bina refinery expansion, which is estimated to cost nearly Rs 20,000 crore

NCLT gives 4th extension of 60 days to Go First to complete insolvency. The National Company Law Tribunal (NCLT) has granted an extension of 60 days to the grounded air carrier Go First for completing the insolvency process. This is the fourth extension for Go First to complete the Corporate Insolvency Resolution Process (CIRP

Jaypee Infratech appoints new CFO to delist shares as part of insolvency. Jaypee Infratech's shares on the BSE are currently suspended. The company, as of May 24, is under the management of Suraksha Group, following NCLAT approval

Jio Platforms-SES internet service JV allowed to operate satellites. The 3 approvals issued to Orbit Connect India come as cos from Amazon.com to Musk's Starlink vie for the go-ahead to launch satellite communication services in the country

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