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NSE share market NEWS tomorrow (29 April, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 April, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 April 2024

Supreme Industries was amongst the top gainers, currently trading at 4955.15 in NSE with 4.737 times change in volumes and 14.215% change in price. Other gainers included Kpit Technologies with 6.499% price change and 3.921 times volumes, Au Small with 6.36% price change and 4.223 times volumes, Ireda 8 with 6.299% price change and 2.539 times volumes, and Indian Bank with 6.172% price change and 3.042 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.

Bse was amongst the top losers, currently trading at 2771.25 in NSE with 12.818 times change in volumes and -13.678% change in price. Other losers included Hcl Technologies with -5.866% price change and 2.655 times volumes, Apollo Hospitals with -4.638% price change and 10.668 times volumes, Idea Cellular with -3.929% price change and 0.619 times volumes, and Idfc First with -3.715% price change and 1.899 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.

AU Small Finance Bank stock rallies over 6% on universal banking hopes. The central bank has laid down qualitative criteria of a satisfactory five-year track record, which will be evaluated post-application made by SFBs

Manipal Hospitals to take 87% stake in Medica Synergie for Rs 1.4K crore. The acquisition comes as the hospital chain has been working towards expansion efforts. In September 2023, Manipal Hospitals had acquired an 84 per cent stake in Emami Group's AMRI Hospitals

Coromandel International to invest Rs 1,000 cr to set up plant in Andhra. Coromandel International, which is mainly in the fertiliser business, will invest Rs 1,000 crore to set up a plant to produce phosphoric and sulphuric acid at Kakinada in Andhra Pradesh. In a regulatory filing, the company said it has "commenced the projec

Gillette India March quarter results: Profit falls 4% to Rs 99.09 crore. Consumer goods makers are increasingly facing strong competition from smaller manufacturers who are better equipped to occupy shelf space due to declining commodity prices

JSW group, Japan's JFE in race to acquire 30% in Australian mine. Several Indian companies including Tata Power, Adani, and the Essar group had acquired coal mines overseas as part of their strategy to secure their raw material supplies

NSE to sell digital tech services unit to Investcorp for 0 million. The 10-billion-rupees deal was in line with NSE's strategy to focus on its core business areas, said Ashish Kumar Chauhan, the company's managing director and CEO

RBI cancels Acemoney (India's) NBFC licence citing violation of guidelines. The development follows a series of actions on other players in the industry on account of non-compliance

Poonawalla Fincorp Q4 results: Net profit rises 67% to Rs 332 crore. FY24 PAT up 146 per cent year-on-year to Rs 1,683 crore; AUM crosses Rs 25,000 crore

KPIT Tech Q4 results: Net profit rises 49% to Rs 165 cr on revenue growth. Auto industry-focused KPIT Technologies on Monday reported a 49 pc jump in March quarter net profit to Rs 165.9 crore, helped by a strong revenue growth and widening of profit margins. The Pune-headquartered company's FY24 net profit grew to Rs 598.51 cro

Shoppers Stop Q4 results: Consolidated net profit rises 62% to Rs 23 cr. Retail chain Shoppers Stop Ltd on Monday reported a 62.55 per cent rise in consolidated net profit at Rs 23.18 crore in the fourth quarter ended March 31, 2024. The company had posted a consolidated net profit of Rs 14.26 crore in the same period a year-ag

Ola Cabs CEO Hemant Bakshi quits; company to lay off 10% employees. Ola Cabs is reportedly planning an initial public offering (IPO) to raise 0 million at a company valuation of about billion

PNB Housing Finance Q4 results: Net profit rises 57% to Rs 439 crore. The net fees and other income increased to Rs 110 crore in Q4 FY24 from Rs 33 crore in the corresponding quarter of the year-ago period

Women working in cos leading in gender equality more productive: Survey. Around 41 per cent women have asked for a reduction in their hours, 31 per cent said it has negatively impacted their mental well-being

McDonald's set for weak sales growth amid muted fast-food traffic in US. 'We expect traffic to continue to be negative, believe the average check will remain under pressure from the heavy discounting to recover lower-income consumer traffic,' BTIG analyst Peter Saleh said

KEC International bags orders worth Rs 1,036 crore in India, abroad. KEC International on Monday said it has secured new orders worth Rs 1,036 crore in the domestic and international markets. The company's transmission & distribution (T&D) division has secured orders for setting up overhead transmission lines in the United

Uttarakhand suspends licences of 14 products of Ramdev's pharma firms. SC had recently criticised Ramdev for not complying with its directives in an ongoing lawsuit to stop misleading advertisements of some of his traditional ayurvedic medicines

Global alternative firm Investcorp acquires NSEIT for Rs 1,000 crore. NSEIT is a leading provider of advanced digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking

'Reliance buys its first Canadian crude from Trans Mountain pipeline'. Reliance joins a growing group of Asian refiners in buying Canadian crude to be exported from the new pipeline which is scheduled to start transporting oil in May

Added sugars in Cerelac within limits, charges untrue: Nestle India CMD. Narayanan reiterated that according to FSSAI, the maximum permissible limit for added sugars is 13.6 gram per 100 gram of feed, while Nestle is at 7.1 gram of sugar per 100 gram

Baba Ramdev crossed line with false claims of curing Covid: IMA president. Baba Ramdev crossed a red line when he claimed he could cure COVID-19 and at the same time maligned modern medicine by calling it a "stupid and bankrupt science", Indian Medical Association president Dr R V Asokan said on Monday. This is IMA's first commen

Sun Pharma gets Rs 1.11 cr tax demand over disallowed input tax credit. Sun Pharmaceutical Industries Ltd on Monday said it has received a tax demand of over Rs 1.11 crore from authorities over disallowed input tax credit. The company has received an order from the Joint Commissioner, CGST and Central Excise, passed under the

UCO Bank Q4 results: Standalone net profit down 9.5% to Rs 525 crore. UCO Bank on Monday said that its board has approved the issuance of fresh equity shares with a face value of Rs 4,000 crore in the current fiscal year. The Kolkata-based bank also reported a standalone net profit of Rs 525.77 crore for the fourth quarter e

M&M aims to be among top 2 players in compact SUV section in 3 years. Mahindra & Mahindra Ltd on Monday said it wants to be among the top two players in the compact SUV section in the next three years. At the unveiling of its compact SUV here on Monday, M&M Executive Director and CEO for auto and farm director Rajesh Jejurik

BSNL's 4G subscriber base reaches 800K, 5G rollout likely within 12 months. Though DoT officials were earlier eyeing a 5G launch by the end of the year, the plan has now been deferred to next year

KFin Tech Q4 results: PAT up 31% to Rs 74 crore on growth across verticals. Tech-driven financial services firm KFin Technologies on Monday reported a 30.6 per cent increase in profit after tax (PAT) at Rs 74.5 crore for three months ended March 2024, driven by growth across business verticals. In comparison, the company had poste

AstraZeneca admits its Covishield vaccine may lead to rare side effect. AstraZeneca has admitted for the first time in court documents that its Covid vaccine can cause rare side effects, marking an about-turn that may open the door for a multi-million pound legal payout

Artificial intelligence startups face rough financial reality check. Investors have poured 0 billion into about 26,000 AI and machine-learning startups over the past three years, according to PitchBook

Bharti Airtel issues shares worth Rs 246 crore to foreign debt bond holders. Bharti Airtel has allotted equity shares worth about Rs 246 crore to its foreign debt bond holders that are due for maturity in February 2025, according to a regulatory filing. The company had issued USD 1,000 million 1.50 per cent convertible bonds due 20

Jana Small Finance Q4 results: Net profit jumps multi-fold to Rs 322 cr. Jana Small Finance Bank on Monday reported a multi-fold jump in March quarter net profit at Rs 321.67 crore on the back of gains from a tax write-back. The Bengaluru-headquartered lender had reported a net profit of Rs 80.99 crore in the year-ago period an

Patanjali Foods gets show cause notice for GST dues worth Rs 27 crore. Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it. The Yoga guru Ramdev-led Patanjali Ayurved Group firm, which is

MCA clears appointment of Hitesh Kumar Sethia as Jio Financial MD for 3 yrs. Jio Financial Services on Monday said the Ministry of Corporate Affairs has accorded its approval for the appointment of Hitesh Kumar Sethia as managing director and chief executive officer of the company. The appointment effective from November 15, 2023,

Azim Premji's family office to invest more money in AI to prop bn fund. PremjiInvest, the largest Indian family office that manages over billion for software tycoon Azim Premji, will invest more money into AI companies while fine-tuning its AI investment tools

Go First revival chance fades as HC allows lessors to reclaim 54 aircraft. The Delhi High Court instructed the Directorate General of Civil Aviation (DGCA) to proceed with deregistering and surrendering all 54 aircraft to the lessors

In 6 months, US rejected nearly one-third of MDH's spice-related shipments. Refusal rate over salmonella contamination doubles. When ingested, salmonella can lead to a severe stomach infection affecting the intestinal tract if food is not adequately cooked

Glenmark Pharma receives USFDA nod for generic anti-inflammatory drug. Glenmark Pharmaceuticals on Monday said it has received approval from the US health regulator to sell a generic version of anti-inflammatory drug in the American market. The company has received approval from the US Food and Drug Administration (USFDA) fo

AU Small Finance Bank eligible for universal banking licence application. AU Small Finance Bank has recorded profits for the previous two fiscal years, and maintained gross and net non-performing assets below 3% and 1%, respectively, as mandated by the RBI

Govt to take decision on Hindustan Zinc OFS after testing mkt: Mines secy. The government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on Monday. The government, the largest mi

Tata Motors partners with South Indian Bank for commercial vehicle finance. Tata Motors on Monday said it has tied up with South Indian Bank to offer financing solutions to its commercial vehicle customers and dealerships. As part of the Memorandum of Understanding (MoU), South Indian Bank will offer financing solutions across the

PayU invests million in cross-border payments start-up BRISKPE. BRISKPE will use the funding to improve its product and service offerings, expand its team, and scale its services

UltraTech Cement Q4 results: PAT up 35% at Rs 2,258 cr, revenue rises 9%. UltraTech Cement announced an interim dividend of Rs 70 per share

Infant food formulated globally, stereotype charges unfortunate: Nestle. Nestle India Chairman & Managing Director Suresh Narayanan on Monday asserted that the company's infant food formulation for children below 18 months is done on a global basis and the allegation that "it is racially stereotyped is unfortunate" and untrue.

Jio Financial set to hire Standard Chartered's head Kusal Roy as unit CEO. Jio Financial Services Ltd has been actively recruiting talent as part of its expansion effort

FinMin studying HC order on PSBs' look out circulars for wilful defaulters. The Finance Ministry is studying the recent Bombay High Court order banning public sector banks from seeking the issuance of look out circulars, or LOCs, against wilful defaulters, sources said. Quashing the powers granted by the Union government to public

PNB Housing Finance Q4FY24 results: Net profit rises 57% to Rs 444 crore. Total income during the quarter rose to Rs 1,806 crore from Rs 1,628 crore in the same quarter of the previous fiscal, PNB Housing Finance said in a regulatory filing

NTPC Group's installed power generation capacity crosses 76 GW milestone. State-owned power giant NTPC Group's installed power generation capacity has crossed the 76 GW-mark with commissioning of a 57-MW solar power energy capacity in Rajasthan. "Consequent upon successful commissioning and due approvals, first part capacity of

US regulator opens probe into Ford's hands-free driving tech BlueCruise. The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said

Trent Q4 results: Profit sees multi-fold jump at Rs 712 cr, sales up 51%. Tata group's retail arm Trent Ltd on Monday reported a multi-fold increase in consolidated net profit at Rs 712.09 crore for the fourth quarter ended March 2024, helped by exceptional item gains. The company had posted a consolidated net profit of Rs 44.95

Manipal Hospitals acquires 87% stake in hospital chain Medica Synergie. Manipal Hospitals on Monday said it has acquired an 87 per cent stake in Kolkata-based hospital chain Medica Synergie for an undisclosed amount. The hospital chain has inked a binding agreement to acquire 87 per cent stake in Medica, a statement said. The

IndiGo airline appoints former Volotea COO as 'Chief of Transformation'. In June 2023, IndiGo placed the world's largest aircraft order, securing 500 A320neo family planes from Airbus

Ola Cabs CEO Hemant Bakshi resigns; company to lay off 10% employees. Hemant Bakshi's exit coincides with company's impending restructuring efforts, poised to impact at least 10 per cent of the workforce

Nestle India to focus on driving volume growth going forward: CMD Narayanan. FMCG Major Nestle India will focus on volume growth going forward, in a market which is "still impacted by inflation", to be in the top quartile performance, company Chairman and Managing Director Suresh Narayanan said on Monday. The company, which will op

Aurum PropTech loss widens to Rs 55 cr in FY24, income up 68% at Rs 233 cr. Aurum PropTech Ltd on Monday reported a consolidated net loss of Rs 55.75 crore during the last financial year despite higher revenue. The company had posted a net loss of Rs 28.69 crore in the preceding year. Total income rose to Rs 233.07 crore in 2023-2

Birlasoft Q4 results: Profit rises 60% to Rs 180 cr, revenue up 11%. IT company Birlasoft on Monday reported a 60.55 per cent increase in consolidated net profit to Rs 180.08 crore during the March quarter. The company had recorded a net profit of Rs 112.16 crore in the year-ago period. The Pune-based company's revenue from

Chennai Petroleum sees two-year delay in building 180,000 bpd refinery. The company recently changed the capital structure of the joint venture building the project, with its parent company Indian Oil Corp controlling a 75% stake and Chennai Petroleum the remainder

Tata Chemicals Q4 results: Net loss at Rs 850 cr on low soda ash demand. It reported a consolidated net loss of Rs 850 crore (1.9 million) in the quarter ended March 31, compared to a profit of Rs 709 crore year ago

CtrlS Datacenters Ltd to ramp up its capacity to over 1 gigawatt in 4 yrs. The ambitious plan includes expansions in Mumbai, Hyderabad, and Chennai

Macrotech to invest Rs 5,000 cr on construction of realty projects: MD. Realty firm Macrotech Developers will step up its investment this fiscal year on construction of projects to over Rs 5,000 crore in line with growth in sales and new supply, its MD and CEO Abhishek Lodha said. Macrotech Developers, which sells properties u

AdaniConneX secures .4 bn to power its digital eco-friendly plans. The equal joint venture between Adani Enterprises and EdgeConneX plans to build 1 GW data centred

CII asks startups to keep their valuations 'as realistic as possible'. It further stated that the start-up should be maintained as a separate legal entity with the organisation's assets distinct from the founders' assets

Apollo Hospitals lines up Rs 3,000 crore investment post Advent deal. Advent and Apollo HealthCo have entered into a deal through which Advent will invest Rs 2,475 crore into Apollo HealthCo

Chennai-based The ePlane to develop electric air taxi prototype by Mar 2025. Chennai-based startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the compa

Need to be watchful about steel imports amid surge, says T V Narendran. As steel imports continue to surge, Tata Steel CEO T V Narendran has said there is a need to be watchful about the situation. The comment comes at a time when India has reported a 38 per cent surge in steel imports to 8.319 million tonnes, becoming a net i

Vedanta best-placed to ride rising commodity prices, say analysts. Mining conglomerate Vedanta Ltd is likely to see less pressure on cash flows after liability management at the holding company level and is now best placed to ride rising commodity prices, analysts said. Improved performance in aluminium, power and zinc en

RCap lenders urge Hinduja Group arm to stick to resolution plan deadline. Concerned over slow progress, the lenders of debt-ridden Reliance Capital (RCAP) have asked the Hinduja Group arm, IndusInd International Holdings Ltd, to expedite the process of obtaining necessary regulatory approvals and stick to the resolution plan dea

ITPCL debt: NCLAT rejects SBI's objection on liquidation value given by PNB. Appellate tribunal NCLAT has rejected SBI's pleas opposing the liquidation value of ITPCL provided by the debt-ridden firm's lead banker PNB and said the country's largest lender cannot "wriggle out" the debt restructuring process of the IL&FS group's ther

Vi FPO rings in vigour for telecom sector, may reduce subscriber loss. But low capital expenditure and large debt weigh down Vi's revival prospects

Startups grew over 300 times in ten years: Union Minister Jitendra Singh. From just about 350 startups in 2014, their number in India grew over 300 times in the past ten years after Narendra Modi took over as the Prime Minister, Union Minister Jitendra Singh said on Sunday. He said the country today has the 3rd largest startup e

InGovern raises concern over Triveni Engineering's stake buy in Sir Shadi. The proxy advisory firm has said the Securities and Exchange Board of India (Sebi) should appoint an independent valuer to determine the fairness of the offer price of TEIL

Former Tech Mahindra India biz head Mitra quits to set up AI startup. Former Tech Mahindra India business head Jagdish Mitra has set up an AI startup with a proposed initial investment of Rs 65-80 crore. The startup is likely to commence operations in the next three months. "We will start going to customers in 8-12 months. I

L&T Finance plans to increase short term, ECB fundraise in FY25. Company aims for strategic adjustments to benefit from the anticipated softening of interest rates

Sebi bars Growpital, other related entities from securities markets. Markets regulator Sebi said that Farm Tech Silo LLP, also known as Growpital, other related entities and their directors will remain barred from securities markets till the outcome of a probe into collection of money through unauthorised investment schemes

ICAI passes orders against three EY affiliates for professional misconduct. The Institute of Chartered Accountants of India (ICAI) has passed an order against auditing major EY's three affiliates and a retired partner for "professional misconduct". Besides, the ICAI has issued an order against S V Ghatalia & Associates, LLP, and i

Rapid adoption: India's BPM industry on cusp of revolution amid GenAI use. BPM industry has been growing faster than the IT services sector, which has been impacted by macroeconomic uncertainties

Himadri Speciality to invest Rs 220 cr to expand carbon black capacity. Himadri Speciality Chemical Ltd, a Kolkata-based speciality chemicals major, to expand its speciality carbon black capacity in a brownfield expansion project in West Bengal, with an estimated investment of Rs 220 crores, a company official said on Sunday.

'No cancer-causing agents in our products': MDH on quality claims. Ethylene Oxide is a chemical used to preserve spices for longer and is also used in pesticides. Its consumption beyond permissible limits can be carcinogenic

Mahindra Lifespace FY24 results: Profits slip; sales at record Rs 2,328 cr. Mahindra Lifespace Developers Ltd has reported a marginal decline in consolidated net profit to Rs 97.89 crore during the last fiscal year on lower income. Its net profit stood at Rs 101.43 crore in the preceding year. According to a regulatory filing on F

IBREL Q4 results: Loss narrows to Rs 302 cr, income down at Rs 39.54 cr. Indiabulls Real Estate Ltd (IBREL) has posted widening of consolidated net loss at Rs 1,038.65 crore for the last fiscal year. Its net loss stood at Rs 608.38 crore in 2022-23. Total income also fell to Rs 468.75 crore during 2023-24 from Rs 648.47 crore i

KSB Q4 results: PAT grows 8% to Rs 43 cr, expenses rise to Rs 483 cr. Pumps and valves maker KSB Ltd has reported a 7.75 per cent growth in net profit to Rs 43.1 crore for the quarter ended March 31, 2024. It had clocked a net profit of Rs 40 crore in the year-ago period, the company said in a statement on Saturday. The com

ICICI Bank Q4 result: PAT up 18.5% at Rs 11,672 cr, NII at Rs 19,093 cr. The bank's standalone net profit rose to a record Rs 10,707.5 crore in the January-March quarter, from Rs 9,122 crore in the same period a year earlier

YES Bank Q4 results: Net Profit up 123.2% at Rs 452 cr, NII at Rs 2,153 cr. Its gross non-performing asset ratio improved to 1.7 per cent at the end of March from 2 per cent at the end of December

YES Bank Q4FY24 results: Net Profit more than doubles to Rs 452 cr. YES Bank Q4FY24 results: Bank's non-interest income surge, offsetting NIM decline; witness slippages in unsecured book

RBL Bank Q4 results: PAT jumps 30% to Rs 353 crore, deposits up 22%. Private sector lender RBL Bank on Saturday reported a 30 per cent rise in the post-tax net profit for the March quarter at Rs 353 crore, driven by non-interest income. The Maharahstra-based lender had reported a net profit of Rs 271 crore in the year-ago p

IDFC First Bank Q4 results: Net profit falls 10% to Rs 724 cr, NII up 24%. IDFC FIRST Bank on Saturday reported 10 per cent decline in net profit at Rs 724 crore for the fourth quarter ended March 2024 due to substantial jump in provisions. The lender had earned a net profit of Rs 803 crore in the year-ago period. Total income ro

Shakti Pumps Q4 results: PAT surges to Rs 90 cr, revenue jumps 41.7%. Shakti Pumps on Saturday posted a multifold jump in its consolidated profit after tax to Rs 89.70 crore during the quarter ended March 2024 on the back of higher revenues. It had clocked a net profit after tax (PAT) of Rs 2.2 crore during the fourth quarte

Instagram, YouTube likely to be biggest beneficiary of US TikTok ban. Adult US TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok were to disappear, those platforms along with younger, smaller emerging rivals wou

L&T Finance Q4 results: PAT up 11% at Rs 554 cr, retail book grows 31%. The company reports strong retail franchise with a retail book size of Rs 80,037 crore

ICICI Bank Q4 result: Net profit up 17% at Rs 10,708 cr, NIM slips 4.40%. The private lender plans to raise funds by issuing debt securities and proposed a dividend of Rs 10 per share, subject to approval of the board

L&T Finance Q4 results: Net profit up 11%, NIM plus fees stands at 11.15%. As for full financial year FY24, net profit rose by 43 per cent to Rs 2,320 crore as against Rs 1,623 crore on FY23

MDH says its products are 100% safe; rejects pesticide allegation. MDH, a leading spice brand, on Saturday assured consumers that its products are 100 per cent safe and rejected the allegations of the presence of certain pesticides in some products by Hong Kong and Singapore food regulators. Earlier this month, Hong Kong'

PE firm Advent International to invest 7 mn in Apollo Hospitals' unit. Advent will invest in compulsory convertible instruments in two tranches for a 12.1% stake in the merged pharmacy business entity, which will have an enterprise value of Rs 22,481 crore

Mahindra Holidays & Resorts Q4 results: PAT jumps 47.7% to Rs 83.2 cr. Mahindra Holidays & Resorts India Ltd on Friday reported a 47.7 per cent rise in consolidated profit after tax of Rs 83.2 crore for the March 2024 quarter against Rs 56.3 crore a year ago. For the entire 2023-24, the company reported a consolidated profit

Dr Basu Eye Hospital plans to open five new hospitals in India in 5 years. The hospital claims that the costs of their treatments are significantly lower compared to traditional surgeries and modern medical treatments

Paras Health plans to operate upwards of 2,300 beds in North India by FY25. With this, Paras Health is aiming to operate upwards of 2,300 beds in North India by the end of FY 2025

CSB Bank Q4 results: Private lender's net profit falls 3% to Rs 151 cr. Private sector lender CSB Bank on Friday reported a 3 per cent decline in its net profit to Rs 151 crore for the fourth quarter ended March 2024, mainly due to a rise in bad loans. The Kerala-based lender had earned a net profit of Rs 156 crore in the year

Bank of Maharashtra Q4 results: Net profit up 45% at Rs 1,218 crore. Public sector lender mulls Rs 7,500 crore equity capital raise

SBI Card Q4 results: PAT rises 11% to Rs 662 cr, total revenue rises 14%. SBI Card on Friday reported an 11 per cent rise in profit after tax to Rs 662 crore for the quarter ended March 2024. SBI Cards and Payment Services Ltd (SBI Card) had a profit of Rs 596 crore in the fourth quarter of 2022-23 fiscal. Total revenue rose 14

Alphabet, Microsoft earnings show hefty AI bets are driving growth. After pouring billions of dollars into the infrastructure needed to support AI applications, both Alphabet and Microsoft reported that their quarterly revenue growth was outpacing expectations

Advent to infuse Rs 2,475 crore into Apollo Hospitals' subsidiary. The merger will happen in a phased manner over the next 24-30 months. The combined entity is expected to deliver Rs 25,000 crore of revenue in three years with 7-8 per cent EBITDA

HCLTech to hire more than 10,000 freshers from campuses for FY25. Net fresher addition in Q4 for the company stood at 3,096 freshers. For the entire FY24, HCLTech added 12,141 freshers. The company's total headcount in Q4 was 227,481

Patanjali Foods to evaluate offer to buy Patanjali Ayurved's non-food biz. Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing, Patanjali Foods informed that its board has

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