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NSE share market NEWS tomorrow (16 April, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 April, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 April 2024

Exide Industries was amongst the top gainers, currently trading at 459.80 in NSE with 1.634 times change in volumes and 12.407% change in price. Other gainers included Titagarh Rail with 7.033% price change and 4.224 times volumes, Patanjali Foods with 5.057% price change and 3.728 times volumes, Abb Power with 5.045% price change and 2.035 times volumes, and Bharat Dynamics with 4.676% price change and 2.892 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 3849.20 in NSE with 0.62 times change in volumes and -3.894% change in price. Other losers included Infosys with -3.658% price change and 1.896 times volumes, Mphasis with -3.604% price change and 1.242 times volumes, Coforge with -3.452% price change and 1.082 times volumes, and Punjab National with -3.237% price change and 0.98 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.

Reliance Industries tries to sell US crude oil as Russian flows gain. Reliance also attempted to sell cargoes of Murban crude for April-May loading before offering the American oil, the traders said

Morgan Stanley's first quarter profit rises as investment banking rebounds. Investment banking activity has rebounded from a two-year dealmaking drought as large corporates issued near-record levels of debt and equity capital markets became more active

Brigade Enterprises posts record sale bookings of Rs 6,013 cr last fiscal. Realty firm Brigade Enterprises Ltd on Tuesday reported a 46 per cent annual increase in its sale bookings to record Rs 6,013 crore in the last fiscal year, mainly due to better demand for its housing projects. Its sale bookings stood at Rs 4,109 crore in

Zee-Sony deal: ZEE withdraws merger implementation application from NCLT. The Zee statement said the Board took the step based on legal advice after a detailed consultation with legal experts

Jio Financial shares rally after company announces JV with BlackRock. The incorporation of a brokerage firm by the joint venture will follow the launch of its wealth management company

Power Grid Corp bags 3 transmission projects under competitive bidding. The three projects would help evacuate power from renewable energy projects in Rajasthan and Gujarat, the company said in a BSE filing

Wealth management, entertainment, health spends grow in FY24: Razorpay. Spending on dieticians has more than doubled during the same time, while health coaching recorded a 45 per cent increase in transactions

Sterlite Technologies raises Rs 1,000 crore capital through QIP route. Broadband technology company Sterlite Technologies has raised Rs 1,000 crore by issuing equity to Qualified Institutional Investors (QIP) including HDFC Mutual Fund, Nippon Life India, Goldman Sachs, and Bandhan Mutual Fund, the company said on Tuesday. Po

Paytm denies deferral of approval or fine on payments services arm. The company added that investor Ant Financial did not have any board representation or special rights

NaBFID posts net profit of Rs 1,601 cr in FY24; loans stood at Rs 35,342 cr. Considering FY24 being the first full year of business operations, the Board advised that the income be continued to be accumulated as reserves to augment capital growth

Birla targets top 3 spot in mutual fund, lending, and life insurance. Aims to add 30 mn users in 3 years on the back of new financial services platform

Bharat Petroleum to lay 35-km ATF pipeline from Piyala to Noida airport. Noida International Airport on Tuesday said Bharat Petroleum Corporation Ltd will lay a 35-km dedicated aviation turbine fuel (ATF) pipeline from its Piyala Terminal to the tank farm at the airport in Jewar. The airport and the BPCL have entered into an ag

PE firm ChrysCapital invests million in formulations company La Renon. Peak XV Partners (formerly Sequoia India) has been invested in La Renon since 2015, with A91 Emerging Fund joining in 2021

PC Jeweller gets board approval to raise Rs 2,000 cr fund via rights issue. PC Jeweller on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues and preferential allotment of fully convertible warrants. The board in a meeting held on Tuesday also approved a proposal to increase the authorised

Elon Musk expected to meet with space startups during India visit. India's national space program has had some recent successes. It became the first country to land a spacecraft near the moon's south pole last year and is planning its first crewed mission in 2025

Rajasthan enters fray to attract Tesla India plant ahead of Musk's visit. Preliminary talks on with automaker; proximity to NCR seen as an advantage

Bharti Airtel reaches 5.9 million 5G customers mark in Tamil Nadu. Bharti Airtel has successfully deployed 5G service across Tamil Nadu and has registered a significant increase in 5G users during the last 6 months. The telecommunication major on Tuesday said it celebrates 5.9 million customers currently enjoying its 5G s

Making iPhone camera modules in India: Apple in talks with Titan, Murugappa. Apple is in talks with the Murugappa Group and Tata Group's Titan Company to produce sub-components needed for iPhone camera modules

Srinivas Pallia sold his entire stake in Wipro before taking over as CEO. On April 6, Wipro, the fourth largest software services firm in India, announced the unexpected departure of former CEO Thierry Delaporte and Pallia was made the top boss

TCS, Accenture, Cognizant lead LinkedIn's top large companies list. Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in India, followed by Accenture and Cognizant in the second and third place respectively. Professional networking platform LinkedIn on Tuesday released the 2024 To

TCS to Cognizant: Who is the highest paid CEO in Indian IT sector?. Cognizant's filing with Nasdaq mentioned the CEO's performance stock units (PSUs) and restricted stock units (RSUs)

Cipla to acquire Ivia Beaute's cosmetics, personal care biz for Rs 130 cr. Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter's brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for Rs 130 crore, according to a regulatory fi

BharatPe elevates Nalin Negi to full-time CEO after Sameer's exit in 2023. Fintech firm BharatPe on Tuesday said it has elevated its interim CEO and chief financial officer Nalin Negi as full-time chief executive officer. Negi was given charge of interim CEO in January 2023 after then CEO Suhail Sameer stepped down from the post.

TCS has one of world largest AI-ready workforce: CEO Krithivasan. IT company has trained 300,000 employees in basic foundational AI skills

Aditya Birla Capital aims to double customers with new digital platform. Aditya Birla Capital is targeting to add 3 crore new customers in the next three years through a digital platform launched on Tuesday, a top official said. Speaking at the launch of the Aditya Birla Capital Digital here, Aditya Birla Group chairman Kumar M

Healthcare firm Nephro Care India files papers to raise funds via IPO. Healthcare provider will use the proceeds to set up a hospital in Kolkata and for general corporate purposes

Zomato launches all-electric 'large order fleet' catering to parties. Zomato CEO Deepinder Goyal posted on X (formerly Twitter) that the company previously managed large orders through multiple delivery agents, resulting in subpar customer experiences

Coal India's capital expenditure up 6.5% to Rs 19,840 crore in FY24. State-owned CIL on Tuesday said its capital expenditure increased by 6.5 per cent to Rs 19,840 crore in FY24. The company's capital expenditure was Rs 18,619 crore in FY23, Coal India Ltd (CIL) said in a statement. It accounts for over 80 per cent of the d

GQG looking to invest around 0 million in ailing Vodafone-Idea. The .2 billion share sale, which will start on April 18 and close April 22, has a floor price of 10 rupees (12 cents) per share and a ceiling price of 11 rupees

CRISIL results: Net profit drops 5% to Rs 138 crore in Jan-March quarter. Ratings firms Crisil on Tuesday reported a 5.4 per cent drop in consolidated net profit to Rs 138 crore for the first quarter ended March 31. The company had posted a net profit of Rs 146 crore in the same period last year. Crisil's consolidated total inco

Apollo Tyres gets Rs 2.06 crore tax demand from Tamil Nadu officials. Apollo Tyres Ltd on Tuesday said it has received tax demand and penalty of Rs 2.06 crore from GST authority in Tamil Nadu over availing of input tax credit and other issues. The Deputy Commissioner (CT), Tamil Nadu has passed an order under GST Act demandi

Chhattisgarh's NMDC iron production rises 11%, sales surge 16% in FY24. Compared to the previous year's 29.04 MT, the production at the Chhattisgarh units jumped 11.67 per cent. The Dolimalai mine produced 12.67 MT of iron ore, up 7.56 per cent Y-o-Y

Hewlett Packard Enterprise starts deployment of Made-in-India servers. In July last year, HPE revealed its make in India plans in partnership with VVDN Technologies, where it aimed to manufacture around bn worth of high-volume servers in the first 5 yrs of production

Tomorrow Capital leads .7 mm fundraise for kidney care startup VitusCare. Venture capital fund Tomorrow Capital on Tuesday said it has led a USD 2.7 million (over Rs 20 crore) fundraise for VitusCare, a kidney care startup based in Gurugram. In addition to Tomorrow Capital's contribution, the Series A funding round saw participa

Juniper Green commissions 25.2 MW capacity of its 70 MW wind energy project. Delhi-NCR based Juniper Green Energy on Tuesday announced commissioning of 25.2 MW capacity of its 70-MW wind power project. The project has been commissioned almost nine months before the scheduled commercial date of operation, the company said in a state

Govt defers approval of Paytm's Rs 50 cr investment in its payments arm. Paytm sought government approval last year for the investment it had already made in its newly established payments gateway arm

Tesla layoffs: Global job cuts to impact leading markets US, China. Tesla faces increasing competition in China in a fierce price war with rivals led by BYD, slowing sales in the United States, as well high investment costs in new models and artificial intelligence

Quantum MF objects to scheme of merger of ICICI Securities with ICICI Bank. Quantum Mutual Fund has objected to the scheme of merger of ICICI Securities with parent firm ICICI Bank, saying it is "flawed and bridled with irregularities" and will adversely affect minority shareholders of the broking firm. Last month, ICICI Securitie

India leads use of hybrid multi-cloud with 44% of companies using it: Study. Focus on cloud-smart deployments: 99% of IT professionals in India are focused on taking a "cloud-smart" approach to their infrastructure strategy

B2B marketplace ProcMart raises mn in series B funding from Fundamentum. The company is set to enter newer industries beyond MRO consumables such as Biofuel and packaging, expand its distribution network in India and strengthen international operations in Southeast Asia

Brokerage firm Groww seals top spot with nearly 23% market share. Rival Zerodha trails, market share slipped to 17.9 per cent

Citi confirms Vashistha to continue as head of India equity capital markets. On a year-to-date basis, Citi has overseen ECM deals worth billion, with a 14 per cent market share - ranking number one on the India ECM league table

NCLT disposes case of bankruptcy plea filed by against Mumbai Metro One. In a relief to Reliance Infrastructure, National Company Law Tribunal (NCLT) has disposed of insolvency case filed by SBI and IDBI Bank against Mumbai Metro One Pvt Ltd (MMOPL). Mumbai Metro One Pvt Ltd (MMOPL) is a 74:26 joint venture of Reliance Infrastr

Vedanta secures 11-year Rs 3,900 crore loan from PFC, says report. Mining conglomerate Vedanta Ltd has secured an 11-year term loan of Rs 3,918 crore from Power Finance Corporation Ltd (PFC), sources said. The financial closure will enable Vedanta to expedite completion of its power projects. The group plans to increase t

NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17. Axis Finance and IDBI had challenged the merger in NCLAT

Motilal Oswal Financial Services to raise up to Rs 1,000 cr via NCDs. Motilal Oswal Financial Services on Monday said it plans to raise up to Rs 1,000 crore by issuing non-convertible debentures (NCDs) through public issue. The company proposes to raise through the Secured Redeemable Non-Convertible Debentures (NCDs) of the

Arya.ag FY24 results: Profit up 37% at Rs 17 cr despite weather challenges. Agri-tech platform Arya.ag on Monday posted 37 per cent rise in net profit at Rs 17 crore for 2023-24 despite weather-related hurdles and challenges posed by policy changes. The company had reported a net profit of Rs 12.4 crore in 2022-23. Net revenue inc

Aspire to further expand operating profit margin: TCS CEO Krithivasan. Having exited FY24 with an operating profit within its aspirational band, the country's largest IT services company TCS will be looking at expanding further on the key metric and take it "as close to" 28 per cent as possible, a top company official has sai

Jio Financial, Blackrock form JV to set up wealth management, broking biz. Jio Financial Services, part of billionaire Mukesh Ambani led-Reliance Group, and BlackRock formed a 50:50 joint venture to launch asset management services in India in July 2023

Vodafone Idea earmarks Rs 5,720 crore to roll out 5G wireless network. Plans to use Rs 18K cr FPO's proceeds to upgrade infra, clear deferred payments; govt holding will dilute to 24% from 32% currently

Jio Financial-BlackRock JV to launch wealth management, broking business. The two firms had earlier inked a tie-up in July 2023 to step into the over Rs 50 trillion mutual fund market in India

Entod Pharma receives CDSCO approval to commercialise presbyopia treatment. The company had completed the development of these eye drops in late 2022, after which it was subjected to clinical testing in India

Cipla Health signs agreement, strengthens beauty play with Ivia's brands. This strategic move is aligned with Cipla's focus on enhancing its consumer healthcare and wellness portfolio

LIC hikes its equity stake in FMCG major Hindustan Unilever over 5%. Life Insurance Corporation of India (LIC) on Monday said its stake in FMCG major Hindustan Unilever Limited (HUL) has crossed 5 per cent. The Corporation has increased its shareholding in Hindustan Unilever Limited from 11,74,63,555 to 11,77,18,555 equity

Fitch expects HCLTech's revenue to grow by 8% in FY24-27, retains rating. Fitch attributed HCLTech's solid market position, diversified customer base, no country ceiling constraint, and robust profitability as some of the key drivers that led the rating

Deepika Padukone co-founded 82°E partners with Reliance Retail's Tira. Through this collaboration, 82°E, which operates in skincare, body care, and men's ranges, will have a first-time retail experience through an offline presence, according to a statement

Brigade Enterprises to invest Rs 400 crore to build office space in Chennai. Realty firm Brigade Enterprises Ltd on Monday said it will invest Rs 400 crore to build an office complex in Chennai. In a statement on Monday, Bengaluru-based Brigade Enterprises said it has entered into a Joint Development Agreement (JDA) with Agni Estat

Aster DM Healthcare lines up Rs 1k cr to ramp up bed capacity in 3 years. Aster DM Healthcare, which netted around USD 907 million from the sale of its GCC business, looks to plough around Rs 1,000 crore into its expansion plans in India as it targets a bed capacity of over 6,600 in the next three years. The healthcare company p

Japanese consortium to invest 0 mn in Natural Gas Transition Platform. The infrastructure investor said the platform will also increase investments to boost the consumption of renewable natural gas or biogas in India and use of green hydrogen using the city gas network

TCS looking to increase prices to boost operating margins: CFO Seksaria. The company said it is expecting a "better" fiscal 2025 on a robust deal pipeline including a record .2 billion worth of orders in the reporting quarter

Nepalese billionaire who sold 'Wai Wai' aims to list India unit by 2026. Chaudhary Group launched the Wai Wai noodle four decades ago in Nepal's capital Kathmandu, and has since grown to become India's third largest brand

Zomato's improved profits, 260% stock surge leaves analysts scrambling. The nearly 260% surge in Zomato since last April has made it difficult for consensus to keep up, but expectations continue to rise

Tesla inks semiconductor deal with Tata electronics for global operations. This agreement comes amid Elon Musk-led Tesla's eagerness to penetrate Indian market, and his scheduled visit to the country this month

Byju Raveendran to take over firm's daily ops after CEO Mohan's resignation. Founder of the edtech company Think and Learn, which owns the Byju's brand, Byju Raveendran will handle the firm's day-to-day operations following the resignation of CEO Arjun Mohan, the company said on Monday. Following the move, the company has announced

US-based Hedge fund Shah Capital urges Novavax board shake-up: Report. The hedge fund called for Suresh Katta and Venkat Peri, who are chief executives of other biotech firms, to be nominated for the independent board roles

Metal recycling startup Runaya aims to generate bn in revenue by FY30. The company is also looking at an IPO. But Agarwal said, it was not an urgent priority. It would happen whenever the timing is right

NFRA slaps fine of Rs 4.5 cr on auditors for Reliance Capital audit lapses. The National Financial Reporting Authority (NFRA) has slapped penalties totalling Rs 4.5 crore on an audit firm and two auditors for professional misconduct for alleged auditing lapses of Reliance Capital's financials in 2018-19. A fine of Rs 3 crore has b

Ambuja to acquire My Home Group's grinding unit in TN for Rs 413.75 cr. Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore. The company -- a part of the Adani Group -- has signed a definitive agreement to acquire the cement grinding

Tesla scouts for 1st India showroom locations; plans to begin sales in 2024. It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans

Honda Motors commences work for new warehouse facility in Karnataka. Japanese firm Honda on Monday said it has commenced work for a spare parts warehouse facility in Doddaballapura near Bengaluru, Karnataka. Managed by Honda Cars India, the new facility will support the spare parts operations for all Honda businesses, inclu

Vi expects 5G rollout in 6-9 months after FPO worth Rs 18,000 crore. Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets in 6-9 months of the issue. Its Chief Executive Akshaya Moondra said rollout of the 5G services is one of the objecti

Byju's India CEO Arjun Mohan moves on, company divided into three divisions. Byju's is consolidating its businesses into three focused divisions. These include The Learning App, Online Classes and Tuition Centres, and Test-prep

Vedanta Group mandates JPMorgan to arrange 0 million India bond. A Vedanta spokesperson said the group continues to exercise refinancing and capital-raising activities from diverse sources as it seeks to improve its debt and cash profile

ShareChat raises mn via convertible debentures from existing investors. Homegrown social media company ShareChat on Monday announced it has raised USD 49 million (about Rs 407 crore) by way of convertible debentures from existing investors Lightspeed, Temasek and Alkeon Capital, among others. The capital raise will help the c

Edtech company Byju's shareholders approve 0 million rights issue. The culmination of the rights issue will also set the stage for the launch of Byju's 3.0, the suite of AI-first products

Vodafone Idea allocates Rs 5,720 crore for 5G from FPO proceeds. The company's goal is to extend 5G coverage to 40 per cent of its current revenue base within the next 24-30 months.

ShareChat raises mn via convertible debentures from existing investors. The new funds will be utilized to bolster the company's robust monetisation plans and propel it on its path to break-even and beyond, said Ankush Sachdeva, CEO and Cofounder, ShareChat and Moj

Mahindra Group to invest nearly Rs 1,200 cr in renewable energy projects. Mahindra Group will develop a 150 MW hybrid RE (Renewable Energy solar + wind) project at a total project cost of about Rs 1,200 crore, said Mahindra Susten

Ramkrishna Forgings bags Rs 270 crore order for Vande Bharat trains. Ramkrishna Forgings Ltd on Monday said it has received an order of Rs 270 crore from a consortium led by BHEL to supply bogie frames of Vande Bharat train sets. The scope of the project involves the development and validation of the bogie frames for the sl

Ambuja Cements to buy grinding unit in TN at a total value of Rs 413.75 cr. The acquisition will aid in enhancing the company's coastal footprint across southern markets of Tamil Nadu and Kerala

TCS expands presence in Brazil with new delivery centre in Londrina. Tata Consultancy Services employs around 1,700 professionals in Londrina and will be generating more than 1,600 new jobs through this centre

Goldman Sachs Q1 results: Profit jumps 28% on investment banking strength. "We continue to execute on our strategy, focusing on our core strengths to serve our clients and deliver for our shareholders," CEO David Solomon said

Bank of India signs pact with IMGC for mortgage guarantee on home loans. IMGC's guarantee will mitigate the risk of defaults for the bank, allowing it to potentially offer more favourable loan terms to borrowers, the company said in a statement

Home solutions provider Resideo to buy Snap One in .4 billion deal. The acquisition will help Resideo's ADI unit, a global distributor of audio-visual and low-voltage products, benefit from Snap One's smart-living solutions

Arya Omnitalk to expand commercial radio services to 100 cities by 2030. Arya Omnitalk plans to expand its professional and commercial radio service operations to 100 cities by 2030, a senior company official said on Monday. The company provides PMRTS (Public Mobile Radio Trunking Services), CMRTS (Captive Mobile Radio Trunking

Glenmark Pharma recalls 6,528 bottles of blood pressure drug in US. Glenmark Pharmaceuticals is recalling 6,528 bottles of a medication used to treat high blood pressure in the American market due to failed dissolution specifications, the US health regulator said. The US-based arm of the Mumbai-headquartered drug firm is r

Godrej Locks eyes 50% market share, bets big on new cheaper products. Locks and security solutions company Godrej Locks has said it aims to increase market share from 30 per cent to 50 per cent in three years, riding on a new range of affordable products and reduced prices of existing ones. Shyam Motwani, business head for G

Impresario to add 10-15 'Social' outlets yearly; targets tier-2 cities. Impresario Entertainment and Hospitality, which operates the restaurant Chain 'Social', is looking to add 10 to 15 new brand outlets annually, especially in tier-2 cities, as part of its expansion plan, said its founder and MD Riyaaz Amlani. The company, w

LIC sees 59% increase in value of investments in Adani Group stocks. LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report. The value o

Quantum MF asks ICICI Bank to stall ICICI Sec delisting over irregularities. Last month, the delisting bid was approved by shareholders of both ICICI Bank and ICICI Securities

HMPL board approves Rs 486 cr fundraising plan through issuance of warrants. Infrastructure company Hazoor Multi Projects Ltd (HMPL) on Saturday said its board has approved a proposal to raise Rs 486 crore through the issuance of warrants. The plan was approved by the board of the company at a meeting on Friday, HMPL said in a regu

Petregaz India commissions its Rs 600 cr LPG import and storage terminal. Petregaz India, a subsidiary of Petredec Group has commissioned its new state-of-the-art LPG Import and Storage Terminal that has been set up at an outlay of Rs 600 crore, the company said on Saturday. The new facility located within the Adani Krishnapatna

Remove Bournvita from health drinks category: Govt tells e-commerce sites. The food safety regulator had iterated that 'energy drinks' is permitted to be used for carbonated and non-carbonated water-based flavoured drinks

No Malayalam film will be given to PVR-owned screen or theatre: FEFKA. The Film Employees Federation of Kerala (FEFKA) on Saturday said that no Malayalam film will be given to any PVR owned screen or theatre till it compensates producers from the southern state for the loss suffered by them due to the multiplex company not sh

All 224 flats in Gurugram project sold in 15 mins for Rs 440 cr: Ashiana. Realty firm Ashiana Housing on Saturday said it sold 224 luxury flats in Gurugram for Rs 440 crore within 15 minutes of its launch. The project is located at Sector 93 in Gurugram, Haryana. In a statement, the company said it has "sold out the entire phase

CBI FIR against second-biggest electoral bond buyer Megha Engineering. The CBI has registered an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, which was the second-biggest buyer of electoral bonds worth Rs 966 crore, in an alleged bribery case. Eight officials of the NISP and NMDC and two officials of

Varun Beverages starts production of soft drinks at Gorakhpur facility. Varun Beverages, leading bottler of beverage major PepsiCo, on Saturday said it has started commercial production of soft drinks and energy drinks from its production facility at Gorakhpur, Uttar Pradesh. The Jaipuria family-promoted firm will also start j

Court denies bail to Naresh Goyal, says he is getting best treatment. Medical reports did not indicate that Jet Airways founder Naresh Goyal's health would improve if he was released and he was already getting the "best possible" treatment at a hospital of his choice, a court here has said while refusing him bail. Special ju

Route Mobile public shareholders tender shares worth Rs 2,500 crore. Enterprise messaging firm Route Mobile's public shareholders have tendered shares worth about Rs 2,500 crore at current price for the company's ongoing open offer, according to a regulatory filing. The open offer has been triggered with Belgium-based Proxi

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate. Bank has been asked to submit "fresh panel of candidates with suitable experience" for the position of chief executive

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