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NSE share market NEWS tomorrow (10 May, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 May, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 May 2024

Hindustan Zinc was amongst the top gainers, currently trading at 525.50 in NSE with 7.269 times change in volumes and 15.203% change in price. Other gainers included Upl with 7.6% price change and 2.506 times volumes, Jsw Energy with 7.402% price change and 0.954 times volumes, Iifl Holdings with 6.217% price change and 5.823 times volumes, and Polycab India with 6.068% price change and 12.601 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 Baroda was amongst the top losers, currently trading at 254.85 in NSE with 1.176 times change in volumes and -2.97% change in price. Other losers included Central Depo with -2.681% price change and 1.772 times volumes, Sona Blw with -2.527% price change and 0.989 times volumes, Pb Fintech with -2.526% price change and 0.685 times volumes, and Godrej Properties with -2.41% price change and 1.149 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.

Play Store billing case: NCLAT seeks response from Google and CCI. The NCLAT has told both the parties to submit their replies before the next hearing on May 24

Kalyan Jewellers Q4 results: PAT rises 97%, operational revenue up 34%. Kalyan Jewellers on Friday reported a 97 per cent growth in consolidated profit after tax (PAT) to Rs 137.49 crore during the March quarter. The jewellery retailer's PAT stood at Rs 69.79 crore in the year-ago period, Kalyan Jewellers said in a regulatory

Bank of India Q4 results: Net profit rises 7%, NII at Rs 5,937 crore. State-owned Bank of India (BoI) on Friday posted a 7 per cent rise in net profit at Rs 1,439 crore for the March quarter. The bank had earned a net profit of Rs 1,350 crore in the same quarter a year ago. The total income increased to Rs 17,913 crore durin

Pluckk closes FY24 with a significant milestone, clocks AAR of Rs 100 crore. Pluckk is connecting farmers to half a million homes and delivering over 2 million products every month, said CFO Nelson D'Souza

Cipla Q4 results: Net profit soars 79% on strong India and US business. Eyes further market expansion and partnerships in FY25

Dr Lal PathLabs Q4 results: Net profit jumps 49% to Rs 84.5 crore. Eyes expansion into Tier 3 and Tier 4 towns

Thermax's Q4 results: Net profit rises 20.5% to Rs 188 cr on strong demand. Capital goods companies in India have benefitted from the government's push on infrastructure and clean energy through increased capital expenditure and production-linked incentive schemes

ABB India Q4 results: Net profit jumps 87% to Rs 460 cr on higher revenues. ABB India on Friday reported an over 87 per cent rise in its net profit at Rs 460 crore in the March 2024 quarter, pushed by higher revenues. It had posted a profit after tax of Rs 245 crore in the corresponding period of the previous fiscal year, the comp

Cholamandalam Financial Q4 results: PAT rises 26.9% to Rs 1,143 crore. Cholamandalam Financial Holdings Ltd on Friday reported a 26.9 per cent growth in its consolidated profit after tax at Rs 1,143.75 crore for the March 2024 quarter, the company said. The city-based company, part of the diversified conglomerate Murugappa Gr

Becoming mother natural phenomenon; employer has to be considerate: HC. Becoming a mother is a natural phenomenon, and an employer has to be considerate and sympathetic towards women staffers, the Bombay High Court said on Friday, while quashing a communication issued by the Airport Authority of India (AAI) denying maternity l

Tata Motors Q4 results: PAT grows three-fold, India biz now debt free. For the full year, the auto giant posted a 12-fold jump in net profit to Rs 31,806 crore

Port Talbot restructuring: Wales' First Minister meets Tata Steel top brass. On Thursday, members of the steelworkers' union, Community in the UK, voted in favour of an industrial action over Tata Steel's restructuring plans

Punjab & Sind Bank Q4 results: Net profit slumps 70% to Rs 139 crore. State-owned Punjab & Sind Bank on Friday posted a 70 per cent decline in net profit to Rs 139 crore for the fourth quarter ended March 2024 on account of provisioning for bad loans. The bank had earned a net profit of Rs 457 crore a year ago. However, the

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore. Bank sets aside Rs 550 crore for its exposure to GoFirst

LIC's premium collection in April at Rs 12,384 crore, highest since 2014. State-owned Life Insurance Corporation of India (LIC) on Friday said its premium collection in April was Rs 12,384 crore, the highest for the month since 2014. Quoting Life Insurance Council's latest figures, the insurance behemoth said the total premium c

Air India, Vistara CEOs to address staff about proposed merger on May 13. The chiefs of Air India and Vistara will address staff on May 13 on the proposed merger of the two airlines, according to officials. The merger of Vistara with Air India under a deal, wherein Singapore Airlines will acquire a 25.1 per cent stake in Air Ind

Jio bundles Netflix with 14 apps into broadband plan for Rs 888 monthly. Jio on Friday said it has bundled premium services of 15 apps, including basic subscription of Netflix, Amazon Prime Lite, Disney+ Hotstar, with its 30 mbps broadband plan for Rs 888 a month. Netflix access was earlier available for customers having JioFib

Vedanta to fully acquire Japanese display glass major AvanStrate. Mining billionaire Anil Agarwal-led Vedanta Ltd of Friday announced that it has acquired an additional 46.57 per cent stake in Japanese glass substrate manufacturer AvanStrate Inc. With this acquisition, Vedanta's total holding in AvanStrate has increased

Coast Guard, Hindalco ink MoU for manufacturing marine-grade aluminum. The Indian Coast Guard (ICG) and a leading industry group have joined hands for manufacturing and supply of indigenous marine-grade aluminium to the country's public and private shipyards for the construction of ships, the defence ministry said on Friday.

Luxury hospitality giant Oberoi Group launches residential suites in Mumbai. Designed by Architectural Discipline, the new suites combine residential ambience with contemporary aesthetics

Zeta eyes 50% of trn credit line on UPI banking tech opportunity by 2030. Zeta was founded by serial entrepreneurs Bhavin Turakhia and Ramki Gaddipati in 2015

Here's how much royalty Tata Group companies will pay for the Tata name. Tata Group companies pay a brand subscription fee for the privilege of using the 'Tata' name. Here is how much they will need to pay now

Company registrations decline in April while LLPs reach new heights. Ongoing Lok Sabha elections and high base effect from record registrations in FY24 were attributed as reasons for the April drop

Byju's sales team misses target despite 30% subscription fee reduction. Majority of the sales team, who shifted to a revenue-linked payout model last week, have yet to secure a sale for any course, despite Byju's reducing prices of educational products by 30%

IPL 2024: Star Sports registers a record 510 million viewers in 51 matches. Tata IPL 2024: Star Sports experienced an 18% increase from the previous edition in terms of total watch time, with viewers spending 356,000 million minutes

Care Ratings Q4 results: Net profit surges 35% to Rs 34.8 crore. Care Ratings on Friday reported a 35 per cent jump in its standalone net profit at Rs 34.8 crore in the fourth quarter ended March 31, 2024. The domestic rating agency had a profit after tax of Rs 25.9 crore in the January-March quarter of the 2022-23 fisc

Polycab India Q4 result: Profit jumps 28.5% to Rs 546 cr on healthy demand. Cables and wires companies have benefited from a demand surge from the real estate and infrastructure sectors, further aided by the government as it tries to boost the economy

TVS Holdings to buy 80.7% stake in Home Credit India worth Rs 554.06 cr. TVS Holdings Ltd on Friday said it will acquire 80.74 per cent stake in Home Credit India Finance Pvt Ltd for an aggregate consideration Rs 554.06 crore. The Board of Directors at its meeting held on Friday approved the acquisition of 88,09,45,401 equity s

Cipla Q4 results: Profit rises 78.5% to Rs 939 crore, revenue up 7%. Cipla Q4FY24 results: The company board has recommended a final dividend of Rs 13 per equity share, to be paid within 30 days from the date of the annual general meeting (AGM)

Sapphire Foods Q4 results: PAT declines 98% to Rs 2.39 cr on slow demand. The Yum Brands franchisee's consolidated net profit fell 98% to Rs 2.39 crore (6,271.4) for the quarter ended March 31, marking its fourth straight quarterly profit fall

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore. State-owned Bank of Baroda (BoB) on Friday posted a marginal 2.3 per cent rise in net profit at Rs 4,886 crore for the fourth quarter ended March 2024. The bank had earned a net profit of Rs 4,775 crore in the January-March quarter a year ago. The total in

Dr. Lal PathLabs Q4 results: Net profit rises 49% on healthy testing demand. The company's consolidated net profit jumped 49% year-on-year to Rs 84.5 crore (.1 million) in the fourth quarter

TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr. 2 companies will need approval from the Competition Commission and Supreme Court for deal

Tata Motors Q4 results: Net profit rises over three-fold to Rs 17,407 cr. Tata Motors Q4FY24 results: The board of directors recommended a final dividend of Rs 6 per ordinary share of Rs 2 each (Rs 3 normal dividend and Rs 3 special dividend)

Bajaj Hindusthan Sugar Q4 results: Net profit falls 31% to Rs 91 crore. Bajaj Hindusthan Sugar Ltd on Friday reported a 31 per cent fall in its consolidated net profit to Rs 90.56 crore for the fourth quarter ended March 2024. Its net profit stood at Rs 130.91 crore in the year-ago period. Its total income declined to Rs 1,874

Here's what Google CEO Sundar Pichai told his employees on more layoffs. Google CEO Sundar Pichai said the company will need to be 'very, very disciplined' about hiring more employees throughout the year

Sundaram-Clayton Q4 results: PAT at Rs 20.73 cr, total income at Rs 540 cr. Auto-component manufacturer Sundaram-Clayton Ltd has recorded a standalone profit for the quarter ending March 31, 2024, at Rs 20.73 crore. The city-based company had registered a standalone profit of Rs 17.61 crore in the corresponding period of last year

Flipkart introduces new rate card policy to enhance the seller experience. Through the Simplified Rate Card, Updated Shipping Costs and Economical FBF (fulfilment by Flipkart) rates, sellers will be able to deliver superior value to the customers

Ola Electric commences deliveries of its mass-market S1 X scooters. The S1 X range comes with the requested physical key and caters to customers with different range requirements

Wipro appoints Vinay Firake as CEO of APMEA strategic market unit. Firake succeeds Anis Chenchah, who is stepping down to pursue opportunities outside the organisation

Indian GenAI platform Hanooman goes live in 98 global languages. The platform is presently accessible for free, and the premium subscription plan will be launched later this year, said the company

Bharti Airtel's Africa unit posts loss of Rs 760 crore in March quarter. Bharti Airtel's Africa unit, Airtel Africa, has posted a loss of USD 91 million, about Rs 760 crore, in the fourth quarter ended March 2024 on account of tax impact and forex loss, the company said on Thursday. Airtel Africa had posted a consolidated profi

TVS Motor expects 25-30% of 2-wheeler sales to come from EVs: MD Sudarshan. TVS Motor Company expects electric vehicles to account for 25-30 per cent of its total two-wheeler sales in the next two to three years, according to Managing Director Sudarshan Venu. The company, which had earlier this year reiterated its commitment to in

Amazon's new fees on sellers likened to 'kick in the gut': Report. In the first four months of the year, American consumers have increasingly opted for the least expensive products in nearly all categories, according to a report released Thursday by Adobe Inc

Financial services startup Groww moves domicile to India from the US. Groww joins an increasing number of startups planning to move their domiciles to the country

Swiggy Instamart, Blinkit, Zepto to deliver gold & silver coins in 10 mins. Akshaya Tritiya holds significant importance in Hindu culture, symbolising prosperity and abundance. The day is also considered auspicious for the purchase of gold and silver

Air India Express withdraws termination of 25 cabin crew members. The airline, which cancelled 85 flights on Thursday, is receiving help from its parent company, Air India, which is operating flights on 20 of its routes

HPCL Q4 results: Profit falls 25% to Rs 2,709 cr on low refining margins. Annual net profit for FY24 rises to a record Rs 16,014 crore; 1:2 bonus shares announced

Alcatel-Lucent eyes €100 million revenue from India in 3-5 years. Headquartered in Paris, France, ALE has a presence in more than 50 countries globally. In India, the company has around 250 employees

Venturi Partners purchases stake of million in K12 Techno Services. K12 Techno is a platform operating in the private education sector in India

Paytm founder's Pai Platforms testing ride-hailing services on ONDC. For instance, other platforms, such as Yaary, a group representing Hyderabad's auto rickshaw and taxi drivers, launched their ride-hailing service on ONDC in December last year

Indian Overseas Bank Q4 results: Net profit rises 24% to Rs 808 crore. The operating expenses of IOB increased in the quarter under review to Rs 3,281.38 crore, compared to Rs 1,826.58 crore, owing to higher employee-related expenses

PNB Q4 result: Profit jumps nearly three-fold to a 16-quarter high. PNB's Net Interest Income (NII) increased to Rs 10,363 crore in Q4 FY24 from Rs 9,499 crore in Q4 FY23, showing an improvement of 9.1 per cent

Nissan Motor upbeat on annual profit with 5.5% rise despite challenges. It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures

Paytm denies claims on its lending partners invoking loan guarantees. Paytm's non-bank lending partners include companies such as Aditya Birla Finance, Hero Fincorp, Piramal Capital, Poonawalla Fincorp, Shriram Finance, SMFG India Credit, and Tata Capital

Marut Drones, Iffco team up for spray ops in 500,000 acres in AP, Telangana. Marut Drones on Thursday said it has tied up with cooperative fertiliser major IFFCO to undertake drone spray operations in five lakh acres of farmland in Andhra Pradesh and Telangana. Under the terms of the agreement, Marut Drones will be employing state-

VIL shareholders approve plan to raise authorised share capital to Rs 1 trn. Debt-ridden telco Vodafone Idea shareholders have approved a proposal to raise its authorised share capital to Rs 1 lakh crore and issue equity shares on a preferential basis to promoter group firm Oriana Investments, a regulatory filing said on Thursday.

NPCI to delay payments market cap by two years, helping PhonePe, Google Pay. NPCI, which has a regulatory mandate from the central bank, announced the 30% cap in 2020 but later extended the deadline by two years to the end of 2024

Bharti Enterprises sells shares of ICICI Lombard for Rs 663 crore. Sunil Bharti Mittal-promoted Bharti Enterprises on Thursday offloaded shares of ICICI Lombard General Insurance Company for Rs 663 crore through open market transactions. Axis Mutual Fund (MF), Aditya Birla Sun Life MF, Invesco MF, Morgan Stanley Asia Sing

Honda commissions new R&D facility to accelerate electrification in India. Honda R&D (India), a unit of Honda Motor Co, on Thursday said it has commissioned a new R&D centre in Bengaluru to accelerate electrification in India. Honda has set a global target of achieving carbon neutrality in all its products and corporate activitie

Relaxo Footwears Q4 results: Net profit decline 3% to Rs 61 crore. Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the

Tata group directors to meet in Mumbai on May 20 to talk future vision. The group had earlier put a cap on the brand subscription fee to group firms and this has now been lifted, leading to higher payout by TCS, said a source

Over 100 Air India Express flights cancelled as cabin crew calls in sick. Air India Express has opted to reduce its flight operations until May 13, with a usual schedule of around 360 flights per day, covering both domestic and international routes

Return to work or face termination: Air India Express gives crew ultimatum. Air India Express fired 25 cabin crew members and demanded others to either return to work by 4 pm on Thursday or face termination

TCS' outlook improving after 2 years of recessionary fears: Chandrasekaran. GenAI will we have impact 'not previously seen or imagined', says IT company's chairman

TCS CEO Krithivasan's salary for FY24 at Rs 25 cr, COO earned Rs 26.18 cr. Krithivasan's remuneration includes his that for his previous role as company's global head for BFSI

Piramal Enterprises to merge with unlisted housing finance arm for listing. The main reasons behind this merger with Piramal Capital & Housing Finance are to simplify the group structure and provide shareholders with direct access to the entire lending business

Paytm Payments Bank transfers bill payment operations to Euronet Services. Euronet processed around 19 million consumer bill payments in March, marking a significant increase from 4.6 million in January, driven by the agreement with Paytm

Not producing, distributing Covishield since December 2021: Serum Institute. AstraZeneca Covid vaccine row: As of April 30, 2024, over 1.7 billion doses of the Covishield vaccine has been administered in India

Air India Express: 85 flights cancelled; Air India to support on 20 routes. If a passenger's flight is cancelled or delayed more than 3 hours, they have the option to either receive a full refund on the flight or reschedule it for a later date without any additional fees

Lupin appoints Jeffrey Kindler, Alfonso 'Chito' Zulueta as independent dirs. Pharma major Lupin Ltd on Thursday announced appointments of ex-Pfizer Chairman and CEO, Jeffrey Kindler and Alfonso 'Chito' Zulueta as independent directors on its board. Kindler is currently the CEO of Centrexion Therapeutics, a privately-held biotechnol

Fairfax-backed insurance firm Go Digit set to float IPO on May 15. Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group, is set to launch its initial public offering on May 15. The initial share sale will conclude on May 17 and the bidding for anchor investors will open for a day on May 14, accordin

PNB Q4 results: Profit surges 160% to Rs 3,010 crore, gross NPAs at 5.7%. Punjab National Bank Q4FY24 results: The board recommended a dividend of Rs 1.50 per equity share of face value of Rs 2 each for the financial year 2023-24

Asian Paints Q4FY24 results: Profit up 1.8% at Rs 1,256 cr; revenue flat. Asian Paints Limited Q4FY24 results: The company announced an interim dividend of Rs 28.15 per share

Maruti introduces Suzuki fourth gen Swift, prices start at Rs 6.49 lakh. Betting big on the entry-level segment, Maruti Suzuki India on Thursday said it will continue to "re-energise" the small car segment as the automaker expects the vertical to revive over the next few years, according to MD & CEO Hisashi Takeuchi. Speaking a

Happiest Minds to acquire US-based Aureus Tech Systems for .5 million. This is the third acquisition by Happiest Minds in FY25. In April, it acquired PureSoftware Technologies for .5 million (Rs 784 crore) and Macmillan Learning India for Rs 4.5 crore

SBI Q4 profit rises 24% to Rs 20,698 cr on higher income; NII up 3.1%. Loan-loss provisioning increased to Rs 3,294 crore in Q4, up more than 150% from the year before

HPCL Q4 result: Net profit falls 25% to Rs 2,709 cr on low refining margins. Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a 25 per cent fall in its March quarter net profit on lower refining margins and announced one bonus share for every two shares held. Its consolidated net profit of Rs 2,709.31 crore in Januar

ESAF SFB Q4 results: Net profit slips 57% to Rs 43 cr, NII up 18%. ESAF Small Finance Bank on Thursday reported 57 per cent decline in net profit at Rs 43.4 crore for the fourth quarter ended March 2024 on account higher provisions. The Kerala-based bank had posted a net profit of Rs 101.4 crore for the year-ago period. T

Orient Electric Q4 result: Net profit falls 48%, total expenses up 23.3%. Orient Electric, which also sells fully automatic coffee machines, hand mixers and switchgears, said its revenue from operations rose 19.7%

Escorts Kubota Q4 results: Net profit rises 16.37% to Rs 251.89 crore. Farm equipment and construction equipment firm, Escorts Kubota Ltd on Thursday reported a 16.37 per cent increase in consolidated net profit at Rs 251.89 crore in the fourth quarter ended March 31, 2024. The company had posted a profit of Rs 216.46 crore i

Byju's slashes course fees by 30-40%, ups sales incentives by 50-100%. Edtech firm Think and Learn -- owner of Byju's brand -- has slashed course subscription fees by 30-40 per cent and hiked sales incentives by 50-100 per cent, according to sources. Byju's Founder and CEO Byju Raveendran, who has started handling the company

India becomes the third country in the world with a million Uber drivers. In the quarter ending March 31, Uber witnessed a 15% surge in global revenue from the previous year, reaching .13 billion

Indian Overseas Bank clocks Q4 consolidated PAT of Rs 810.42 cr. Public sector Indian Overseas Bank on Thursday reported a consolidated net profit of Rs 810.42 crore. The city-headquartered bank had recorded a consolidated profit of Rs 655.63 crore during the corresponding quarter of last year. For the year ending March

Some companies replace long-tenured directors with familiar faces. Rotation within group firms, replacing father with sons, and roping in ex-staffers among innovative ways used by companies to replace independent directors (IDs)

Delhi HC asks Swiggy, Zomato to delist 13 eateries using Domino's trademark. Domino's initiated a lawsuit for trademark infringement against 13 restaurants operating names such as 'Dominic Pizza', 'and Dominek's Pizza', among others

Sick leave disruption: Air India Express fires 25 cabin crew members. The airline, which cancelled 85 flights on Thursday, is receiving help from its parent company, Air India, which is operating flights on 20 of its routes

Oracle doubles down on artificial intelligence investments in India. Oracle Database 23ai, the latest release of Oracle's converged database, is in line with the company's sharp focus on AI

IHCL, partner CG Hospitality eye 25 hotels in Indian sub-continent by 2025. Indian Hotels Company (IHCL) on Thursday announced a strategic partnership with CG Hospitality with a plan to grow its portfolio in the Indian sub-continent to 25 hotels by 2025, involving a total investment of around Rs 4,000 crore. The portfolio of 25 pr

Constellation Energy beats Q1 profit estimates on nuclear power generation. Constellation, which also generates electricity via other renewable sources - hydro, wind and solar - beat analysts' estimates of .38 per share, according to LSEG data

Asian Paints Q4 results: Net profit rises 1.8%, misses estimates. The company also noted that the quarter saw price cuts across product categories, which further suppressed its revenue growth

Omron's India arm, AliveCor to market AI-based portable ECG in India. While stroke risk is 3.4 times higher with hypertension, it becomes nearly five times higher with Afib, which means that people who frequently experience Afib could face a stroke shortly

BPCL Q4 results: Consolidated net profit falls 30% to Rs 4,789 crore. The reduction in net profit in Q4 may have been due to lower gross marketing margins on petrol and diesel

AI Express cabin crew calls off strike; airline assures to look into issues. A section of Air India Express cabin crew has decided to withdraw strike and join back for duty after the airline assured to look into all the issues raised by the cabin crew, sources said on Thursday. Besides, the airline has agreed to withdraw the termin

Abbott India Q4 results: Profit rises 24% to Rs 287 cr, revenue up 7%. The drugmaker's revenue from operations increased to Rs 1,439 crore, a 7 per cent increase from the Rs 1,343 crore recorded in Q4 FY23

Demand for ice creams, ACs expanded during summer sales event: Amazon India. As the temperature in India soars, so does the demand for cooling essentials

CAMS Q4 results: PAT rises 38.5% to Rs 103 cr, revenue up 24% to Rs 310 cr. Registrar and transfer agent for mutual funds CAMS on Thursday reported a 38.5 per cent surge in profit after tax to Rs 103 crore for three months ended March this year, driven by robust performance across the business streams. In comparison, the company h

Air India Express fires cabin crew members over 'premeditated' sick leave. According to Air India Express CEO Aloke Singh, more than 100 cabin crew members had reported sick just before their rostered flight duty since Tuesday night

Tata Power plans 66% higher capex at Rs 20k cr in FY25; to spend 50% on RE. Tata Power has planned a 66 per cent higher capital expenditure of Rs 20,000 crore in this fiscal compared to a year ago, which will mainly focus on projects supporting energy transition and India's net-zero emission target by 2070. During the year ended M

FanTV aims to onboard 10 mn users, add 80,000 content creators in 18 months. Krafton-backed social app FanTV aims to double its user base to over 1 crore and grow content creators on the platform by about five-fold to 1 lakh in the next 12-18 months, a top company official said on Wednesday. The company also entered into a strategi

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