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NSE share market NEWS tomorrow (01 April, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (01 April, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 April 2024

Pnb Housing was amongst the top gainers, currently trading at 749.30 in NSE with 35.814 times change in volumes and 18.965% change in price. Other gainers included Adani Energy with 8.308% price change and 1.265 times volumes, Prestige Estates with 8.295% price change and 0.968 times volumes, Indus Towers with 8.26% price change and 1.968 times volumes, and Pg Electroplast with 7.852% price change and 0.7 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.

Cg Power was amongst the top losers, currently trading at 514.25 in NSE with 1.598 times change in volumes and -4.927% change in price. Other losers included Sona Blw with -3.081% price change and 0.686 times volumes, Kaynes Technology with -2.918% price change and 0.561 times volumes, Jsw Energy with -1.976% price change and 0.605 times volumes, and Godrej Consumer with -1.873% price change and 0.675 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.

ABFRL aims to demerge Madura Fashion business into separate listed entity. Move aimed to create two growth engines with distinct value creation trajectories and a well articulated capital allocation strategy

PNB Housing Finance stock rises 19.11% on the first trading day of FY25. ICRA said the rating action factors in the sustained improvement in the company's credit profile, driven by improved asset quality metrics and the strengthened capitalisation profile

Yulu partners with Yuva Mobility to launch its e2W service in Indore. Yulu is partnering with local businesses through their Yulu Business Partner (YBP) initiative to expand to other cities

Gautam Adani's APSEZ cargo grows 24% at 420 million tonnes in FY24. At the start of FY24, the company's guidance for cargo volumes for the fiscal year was 370-390 mmt. 408 mmt of the company's cargo volumes came from its domestic ports

'Crew unavailability': Vistara cancels 50 flights, several others delayed. The airline has deployed larger aircraft like the B787-9 Dreamliner and A321neo on select routes to merge flights or accommodate more passengers

India Inc's credit quality remains healthy in H2FY24: Rating agencies. While commodity prices have softened, revenue of upgraded companies in the CRISIL rating pool grew by about 13 per cent in fiscal 2024 largely led by a pick-up in volume

Infosys receives Rs 341 crore tax demand for assessment year 2020-21. Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order. The Bengaluru-headquartered company said i

IRB Infrastructure Trust SPVs pays Rs 6,111 cr to Nhai for TOT projects. IRB Infrastructure Trust, an associate of IRB Infrastructure Ltd, on Monday said its special purpose vehicles have made an upfront payment of Rs 6,111 crore to National Highways Authority of India (NHAI) for toll operate transfer projects. The SPVs made an

Fincare SFB merges with AU SFB; consolidation enhances distribution network. AU Small Finance Bank (AU SFB) on Monday amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the sector. In an all-stock merger deal first announced on October 29, 2023, where the shareholders of Fincare SFB receiv

ABFRL to demerge Madura Fashion & Lifestyle into separate listed entity. The aforesaid proposal will be subject to all statutory approvals from ABFRL board of directors, shareholders, creditors, regulators, along with other customary approvals

Corporate downgrade-to-upgrade ratio inches higher in FY24: Report. Domestic rating agency India Ratings and Research on Monday said there was a marginal uptick in the corporate downgrade-to-upgrades ratio in FY24, when compared to the year-ago period. There were 312 upgrades as compared to 114 downgrades in FY24, which re

Hindustan Aeronautics reports highest ever revenue of Rs 29,810 cr in FY24. The company reported that HAL had received fresh manufacturing contracts of Rs 19,000 crore, and repair and overhaul (ROH) contracts of over Rs 16,000 crores during FY24

Wardwizard Foods & Beverages to enters US mkt as it gets USFDA registration. Wardwizard Foods and Beverages, maker of frozen and ready-to-eat foods, on Monday announced its foray into the US market following the USFDA registration. The Vadodara, Gujarat-based company will commence exporting to US market in the first quarter of this

NCLAT scraps homebuyers' plea for insolvency against Ansal Hi-tech Township. The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea seeking insolvency proceedings against Ansal Hi-tech Township Ltd filed by its homebuyers of a project in Greater Noida. The appellate tribunal has upheld the order passed by th

Aurobindo Pharma commissions 4 plants in Andhra including Pen-G facility. Aurobindo Pharma on Monday said it has commissioned four state-of-the-art manufacturing facilities for Penicillin-G, 6-Amino Penicillanic Acid (6-APA), Injectable products and Granulation, through its wholly owned subsidiaries. Penicillin-G (Pen-G) facilit

Toyota Kirloskar sees highest-ever monthly sales at 27,180 units in March. Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company's total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the 2023-24

Tata International appoints Rajeev Singhal as its managing director. Tata Group's global trading and distribution arm, Tata International on Monday announced the appointment of Rajeev Singhal as its Managing Director (MD). Singhal whose appointment to the new position is effective from April 1, succeeds Anand Sen, who super

NTPC adds nearly 4GW capacity in FY24; total installed capacity at 76GW. State-run power giant NTPC on Monday said it has added 3,924 MW power generation capacity in 2023-24, taking the total installed capacity to around 76GW. This (3,924 MW) includes the commissioning of the second unit in Bangladesh and maiden capacity additi

Despite the challenges, credit quality of India Inc improves in FY24: ICRA. According to the agency, the Credit Ratio in FY24 stood at 2.1 times, with the rating agency upgrading two entities for every entity downgraded, continuing the trend from the last two financial years

HAL posts double-digit growth with record revenues of Rs 29,810 cr for FY24. The company signed an export contract with Guyana Defence Forces for supply of two Hindustan228 aircrafts which were delivered within a month of singing the contract

Waaree Energies bags 220 MW solar module supply order from Sprng Energy. Waaree Energies on Monday said it has secured an order from Sprng Energy to supply 220 MW of solar modules. It will supply the modules for Sprng Energy's upcoming project in Gujarat, Waaree Energies said in a statement. "This collaboration stands as an opp

Tata Motors' total domestic wholesales rise 2% to 90,822 units in March. Tata Motors on Monday reported a 2 per cent rise in its total domestic wholesales at 90,822 units in March. In the year-ago period, the company posted total domestic wholesales of 89,351 units. Sales of passenger vehicles, including electric vehicles, in t

Maruti Suzuki's total sales increase by 10% to 187,196 units in March. Maruti Suzuki India on Monday reported a 10 per cent rise in total sales at 1,87,196 units in March this year as compared to 1,70,071 units in the same month last year. In the year 2023-24, the company crossed an annual total sales milestone of 20 lakh uni

Coal India's output increases 10% to 773.6 million tonnes in FY24. Coal India Ltd on Monday said it produced 773.6 million tonnes of the dry fuel in the 2023-24 fiscal, registering a 10-per cent growth over the previous year. However, it fell short of the target by 6.4 million tonnes or nearly two days of production. "Thi

Edtech major Byju's promises to pay employees' March salaries by 8 April. Cash-strapped Byju's and its investors are involved in a dispute at the National Company Law Tribunal (NCLT) over the company's 0 million rights issue

Indian firms collect Rs 9.41 trn from private placement of corporate bonds. Indian companies garnered Rs 9.41 lakh crore through the issuance of bonds on a private placement basis in 2023-24, a surge of 10 per cent from the preceding fiscal amid surge in credit demand. The 2024-25 fiscal is expected to be very robust as companies

Mahindra Aerostructures signs 0 milllion contract with Airbus Atlantic. Mahindra Aerostructures on Monday announced it has signed a multi-year contract worth around USD 100 million with Airbus Atlantic for the manufacturing and delivery of metallic components for the entire Airbus commercial aircraft family, including the A320

All Adani group stocks in high demand, Adani Energy jumps over 8%. All listed Adani group stocks were in the limelight on Monday, with Adani Energy climbing over 8 per cent, as investors flocked to the counters amid a positive trend in the broader market. Shares of Adani Energy Solutions jumped 8.40 per cent, NDTV zoomed

Audio streaming platform Pocket FM completes 1st ESOP buyback worth .3 mn. Pocket FM's valuation almost doubled after its latest funding round to about 0 million, up from 0 million when it previously raised million in its Series C round in March 2022

Veteran dealmaker Atul Mehra joins Axis Capital as managing director & CEO. Atul Mehra is a veteran dealmaker with over three decades of experience and was the joint MD at JM Financial

NTPC wins 3,445 MW renewable energy projects in total during FY24. State-owned power giant NTPC on Monday said it has won 3,445 MW of renewable energy (RE) projects in the fiscal year ending March 31, 2024. "NTPC wins 3,445 MW RE bids in FY 2023-24. This records 58 per cent of total RE tenders the company participated dur

CIL's FY24 production jumps by 10%, healthy stock build-up ahead of summer. The jump in coal production comes at a time when the country is preparing for a record high power demand expected due to extreme heat this summer

Tata Power Renewable Energy commissions 200 MW solar project in Rajasthan. Tata Power Renewable Energy Ltd on Monday said it has commissioned a 200 MW solar project in Bikaner, Rajasthan. The project is expected to generate around 485 million units of green energy annually offsetting over 3,88,000 tonnes of carbon footprints, Tat

Coal India likely to report production of around 773.7 MT in FY24. Coal India Ltd is likely to report production of around 773.7 million tonnes (MT) for the 2023-24 fiscal, which will be close to a 10-per cent growth over last year, company sources said. However, it is expected to fall short of the target of 780 million t

RIL invest over 5 bn in capex in last 10 years as it undertook expansion. Reliance Industries Ltd invested over USD 125 billion in the last ten years as it undertook massive expansion in hydrocarbon and telecom businesses, a report said, estimating that the conglomerate's investments in the next three years would be in relativel

Adani Group shrugs off Hindenburg effect, back to rapid expansion spree. Adani group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomer

NTPC shuts down operations of 220 MW Barauni Stage-I project permanently. State-owned power giant NTPC has closed down its Barauni Thermal Power Station Stage-I of 220 MW permanently. NTPC is India's largest power utility with a total installed capacity of 75,418 MW (including JVs), according to its official website. "Operation

Zomato gets GST demand order of Rs 23.26 cr from Karnataka tax authorities. Zomato on Sunday said it has received a tax demand, interest, along with penalty, to the tune of Rs 23.26 crore from the Assistant Commissioner of Commercial Taxes (Audit), Karnataka. The online food delivery platform said it will appeal against the order

Torrent Group's Mehta family pledges Rs 5,000 cr to UNM Foundation. Pharmaceuticals-to-energy Torrent Group's Mehta family has pledged to donate Rs 5,000 crore over the next five years to the philanthropic foundation set up in name of the group's founder U N Mehta as part of his birth centenary celebrations, the group said

Infosys to receive Rs 6,329 crore tax refund from I-T department. Infosys expects a refund of Rs 6,329 crore from the Income Tax Department, the country's second largest IT services company said. It also informed the stock exchanges about tax demand to the tune of Rs 2,763 crore, citing various assessment orders. Infosys

Panasonic to form JV with IOCL to make cylindrical lithium-ion batteries. Panasonic Group will form a joint venture with Indian Oil Corporation Ltd (IOCL), the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries. Panasonic Energy Co Ltd, a group firm of Japan-based multinational electronics company, has s

Torrent Group's Mehta family pledges Rs 5,000 crore for social causes. The donation, spanning five years, will be directed to the UNM Foundation, focusing on healthcare, education, ecology, and social well-being initiatives

Airtel arm Telesonic Networks penalised for irregularity in claiming ITC. Bharti Airtel Group firm Telesonic Networks has been penalised for alleged irregularity in claiming input tax credit, according to a regulatory filing. Bharti Airtel informed stock exchanges that the office of the Assistant Commissioner of Commercial Taxes

Hindustan Construction Company divests entire equity shareholding in HREL. Hindustan Construction Company (HCC) on Sunday said it has divested its entire equity shareholding in HREL Real Estate Ltd, a wholly owned subsidiary of the company. Accordingly, HREL and its following subsidiaries -- Nashik Township Developers Ltd, Powai

Zomato gets GST notice of Rs 23.26 cr from Karnataka tax authorities. The company received the tax order for the overutilisation of input tax credit, along with associated interest and penalties

NTPC records highest-ever power generation of 422 bn units in FY24. State-owned power giant NTPC on Sunday said it has logged an all-time high annual electricity generation of 422 billion units in 2023-24. During 2023-24, the NTPC coal stations recorded a plant load factor (PLF, or capacity utilisation) of 77 per cent, NTP

Royal Orchid Hotels to add up to 35 properties with 2,000 rooms in FY25. Royal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee. The company, which operates hospitality

HDFC Bank proposes to sell 100% stake in its subsidiary HDFC Education. HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services Private Ltd. The transaction will be undertaken through the Swiss challenge method, HDFC Bank said in a regulatory filing on Saturday. "In this regard, HDFC Ban

TCS layoffs: Over 20 employees in US cry foul, file complaint against firm. With the industry facing low demand, several of the large IT firms have been looking at ways to cut costs

Jaiprakash Associates plans to restructure bonds worth 0 million. Crisis-hit Jaiprakash Associates, which is into cement and construction businesses, on Saturday said around 92 per cent of bondholders have given consent for restructuring of foreign currency convertible bonds (FCCBs) worth USD 120 million, which were issu

Byju's EGM: Shareholders don't object to raising authorised share capital. Shareholders of edtech major Think and Learn, owner of Byju's brand, raised no objection to the resolution to increase authorised share capital of the company in the extra-ordinary general meeting held on Friday, company sources said. According to the sour

LIC to keep offices open on March 30, 31 to facilitate tax saving. Life Insurance Corporation will keep its offices open on March 30 and March 31 to facilitate taxpayers to complete tax saving exercise before the closing of the fiscal year. LIC's measure follows the announcement by banks that their branches will remain op

RVNL-Salasar JV gets Rs 60 cr transmission project in central Africa. A joint venture of state-owned RVNL and private steel player Salasar Techno Engineering has bagged a transmission project worth around Rs 60 crore in central African nation Rwanda. The order has been secured from Energy Development Corporation Limited (EDC

Decision Point acquisition will help expand into Latin America: LatentView. Digital analytics consulting and solutions company LatentView Analytics will pick up 70 per cent stake in Decision Point for USD 39.1 million, marking its foray into the Latin American market. Established in 2012, Decision Point is a leader in Artificial I

TCS says it trained over 350,000 employees in generative AI skills. Country's largest IT services company TCS on Friday said it has trained 3.5 lakh employees in generative AI skills. The company, which had in January announced that 1.5 lakh staffers are trained in the skill sets of what is said to be the biggest opportuni

Ombudsman for aviation sector is a good idea: Air India CEO Campbell Wilson. The MoCA spokesperson had on March 18 said the ministry will call a meeting to "compile" the views of stakeholders and review the proposal regarding Ombudsman

Dell Laptops continues to be India's most trusted brand, says report. The technology company was followed by auto company Honda and e-commerce giant Amazon

Krutrim AI models improving almost every week, says company executive. The startup aims to address the inherent hallucination issue in AI models by leveraging user feedback from its beta program

Force Motors to shut down its agricultural tractors business from March 31. In financial year 2023, the sale of agricultural tractors accounted for 3.66% of the company's total revenue, Force Motors said

Panasonic to sell entire stake in autos biz to Apollo Global Management. Panasonic said it will also acquire a 20% stake in Star Japan Holdings, the company which will own the new parent company of PAS

Bambrew raises Rs 60 crore in Series A funding from Blume Ventures. The funding will fuel the startup's expansion into eco-friendly packaging for FMCG, F&B, manufacturing and R&D team development

Shapoorji Pallonji Group's Afcons Infra files papers for Rs 7,000-cr IPO. Shapoorji Pallonji Group's flagship infrastructure engineering and construction company Afcons Infrastructure Ltd (AIL) has filed draft papers with markets regulator Sebi to raise Rs 7,000 crore through an initial public offering (IPO). The company's mega

Kia India looks to expand sales, service network to 700 touchpoints. Kia India on Friday said it is planning to have around 700 sales and service touchpoints in 300 cities by the end of the year. The automaker, which sells models like Seltos and Sonet, has 522 such touchpoints across 236 cities. The company said it is focus

ESAF SFB to focus on solar rooftop and electric vehicle financing. Climate change remains a significant risk factor for the bank due to its impact on agriculture-dependent customers

Byju's gets 50% vote on rights issue, asks miffed investors to participate. Raveendran says firm's priorities remain with existing shareholders

Musk's Grok-1.5 AI chatbot to be available on social network X next week. Musk said xAI would open-source Grok, days after the billionaire sued Microsoft-backed OpenAI for allegedly abandoning its original mission in favor of a for-profit model

Zee Entertainment lays off 50% employees at Bengaluru's tech unit. The plan will optimise the resources and arrive at a cost-effective structure to drive continued growth for the company

NBFC major L&T Finance Holdings receives approval for name change from RoC. The name of L&T Finance Holdings (LTFH) has been changed to L&T Finance Ltd following approval from the Registrar of Companies (RoC), the company said in a statement on Friday. Mumbai-headquartered L&T Finance, formerly known as L&T Finance Holdings, is a

Robeco, Lombard Odier among buyers of new Adani Green Energy bonds. Adani Green and associated firms raised 9 million this month in the conglomerate's first debt sale since a damaging short-seller report last year

ICICI Securities delisting gets nod, setting up merger with ICICI Bank. Among public institutional investors, which own a total 16.68 per cent in the company, 83.8 per cent voted in favour of the delisting

Adani group begins operations of its copper unit plant at Mundra, Gujarat. Adani group on Thursday announced start of its maiden copper plant at Mundra in Gujarat. Adani Enterprises is setting up plant with 1 million tonnes capacity in two phases. "Close to .2 billion will be invested in the first phase," the firm said in a sta

Adani Power merges Rs 19,700 cr loans from 6 arms into long-term debt. Adani Power on Thursday said it consolidated different short-term loan facilities worth Rs 19,700 crore availed by the company's six special purpose vehicles into a single long-term debt. The revised arrangement will help the company benefit from a uniform

Only 4% of companies in India 'mature' to tackle cyber threats: Study. 71% plan to upgrade their IT infrastructure in one to two years, says Cisco's 2024 Cybersecurity Readiness Index

Adani family infuses Rs 6,661 cr in Ambuja Cements, raises stake to 66.7%. The board of Ambuja Cements has approved the conversion of 21.20 crore warrants into shares of promoter entity Harmonia Trade and Investment at the rate of Rs 314.15 per share

Jio Fin's arm invests Rs 2.5 cr in Reliance International Leasing IFSC Ltd. Jio Financial Services on Thursday said its subsidiary Jio Leasing Services and its nominees have made an initial investment of Rs 2.50 crore in newly-incorporated Reliance International Leasing IFSC Ltd (RILIL). Incorporated on February 1, RILIL is a 50:5

Zetwerk bags order from Indian Oil to set up over 1,400 EV fast chargers. Manufacturing unicorn Zetwerk on Thursday said it has bagged the largest order from India Oil Corporation to set up over 1,400 fast chargers for electric vehicles across the country. Indian Oil has floated a tender for 6,000 chargers, in which 40 EV suppli

CarDekho Group eyeing 40% consolidated growth in FY25, says Amit Jain. Autotech and financial solution provider CarDekho Group is eyeing over 40 per cent consolidated headline growth in FY25 and is on the prowl for value-accretive acquisitions, chief executive and co-founder and Shark Tank India judge Amit Jain has said. Jain

L Catterton forms India-focused JV with former HUL's MD & CEO Sanjiv Mehta. During Mehta's tenure at HUL, he oversaw a fivefold increase in the mcap of HUL to Rs 6.2 trillion, making it India's fifth-largest public company by mcap and the country's largest FMCG firm

Skyroot Aerospace successfully test fires Stage-2 of Vikram-1 rocket. Skyroot Aerospace, a space-tech company, has successfully test-fired the Stage-2 of Vikram-1 space launch vehicle, called Kalam-250, at the propulsion testbed of the Indian Space Research Organisation (ISRO), at its Satish Dhawan Space Centre (SDSC) in Sri

Wipro to train all employees on AI to become an AI-first company. Till date, over 220,000 of our employees have completed training on AI fundamentals and the responsible use of AI, said Subha Tatavarti, Chief Technology Officer, Wipro Ltd

IREDA Board approves proposal of Rs 24,200 crore borrowing for FY25. State-owned Indian Renewable Energy Development Agency Ltd's (IREDA) board on Thursday approved a proposal of Rs 24,200 crore borrowing for 2024-25. The borrowing includes fundraising through bonds, perpetual debt instruments (PDI), term loans, commercial

CIL tops annual growth target, achieves 610.8 MT supply to power sector. Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said. This marks the highest coal supply till date to the power sector, he said. CIL's coal

Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC. State-owned Indian Oil Corporation (IOC) on Thursday said it will raise its stake in the joint venture building a 9 million tonnes refinery at Chennai to 75 per cent after the cost to the project escalated by over 12 per cent. Originally, IOC and its subsi

NCLT declines to stay EGM called by Byju's over 0 million rights issue. The National Company Law Tribunal (NCLT), Bengaluru Bench, on Thursday declined to grant a stay on the extraordinary general meeting (EGM) on March 29 called by 'Think and Learn', owner of the Byju's brand. The EGM was called to increase the authorised sh

HAL conducts successful first flight of LCA Tejas Mk1A in Bengaluru. The first aircraft LA5033 of the Tejas Mk1A series successfully soared in the sky after taking off from the Hindustan Aeronautics Limited (HAL) facility in Bengaluru on Thursday, the public sector aerospace and defence company said. According to HAL, the T

Schneider Electric, Nvidia partner to optimise data centre infrastructure. Energy management and automation major Schneider Electric on Thursday said it has collaborated with NVIDIA to optimise data center infrastructure. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA's advanced AI technol

Defence major Israel Aerospace Industries opens Indian subsidiary in Delhi. Aerospace and defence company, Israel Aerospace Industries (IAI), has opened its Indian subsidiary in New Delhi, according to an official statement. IAI made the announcement at an event held here. The opening of AeroSpace Services India (ASI) is in sync w

Atoms 3.0: Accel's 6-mnth pre-seed accelerator program, unveils 8 startups. The cohort receives up to 0,000 in funding, access to perks worth more than mn from venture capital firm Accel's network partners, personalised mentorship

Amazon pours additional .75 bn into Anthropic, total investment at bn. Amazon said on Wednesday it is pouring an additional USD 2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to USD 4 billion. Amazon will maintain a minority stake in San Francisco-based Anthropic, a rival of

Infosys to provide AI tools to German media firm for storytelling, reports. IT company Infosys will provide artificial intelligence (AI) technology to Germany-based Handelsblatt Media Group for storytelling, compiling reports of global economic and financial topics under a strategic deal signed between the companies, the Bengaluru

Maruti Suzuki's mcap breaches Rs 4 trillion mark in intra-day trade. Maruti Suzuki India's market valuation went past the Rs 4 lakh crore mark in intra-day trade on Wednesday, helped by a rally in the stock which reached a new peak. Shares of the company climbed 2.40 per cent to settle at Rs 12,550 apiece on the BSE. During

Maruti Suzuki India rejigs top deck, heads of several verticals changed. Partho Banerjee is the new head of marketing and sales; Ram Akella will head the service division

Renault, Nissan Motor to drive four new SUVs into India from 2025. Both companies to unveil a five-seater and a seven-seater SUV each

Zydus Lifesciences gets 4 observations from USFDA for Gujarat plant. Zydus Lifesciences on Wednesday said the US health regulator has issued a Form-483 with four observations following the inspection of its Ahmedabad-based SEZ Onco Injectable manufacturing plant. The US Food and Drug Administration (USFDA) conducted the cGM

Google Ireland gets tax relief on Rs 8.6K crore it got from India arm. The ruling by the Bangalore-based Income Tax Appellate Tribunal (ITAT) may have repercussions on similar transactions by multinationals, feel experts

Top 20% of Urban Company partners earn 50% more than entry-level IT jobs. According to the latest NCAER report published in August 2023, gig workers on food delivery platforms earn an average of Rs 13,581 monthly net of all costs, after an active long-shift

Alteria Capital announces final close of oversubscribed third fund. Its Venture Debt Scheme has been significantly oversubscribed with a final close at Rs 1,550 crore

Big plans ahead: Cipla looks for shot in the arm in niche areas. Open to licensing, collaboration in anti-diabetes space

Food company Annapurna acquires 'Arati' edible oil brand for Rs 28 cr. Packaged food company Annapurna Swadisht Ltd on Wednesday announced that it has acquired the six-decade-old 'Arati' brand mustard oil from R R Proteins and Agro Ltd (RRPAL) for a consideration of Rs 28 crore. The acquisition would help the company foray in

UltraTech to buy 26% stake in O2 Renewable for green energy needs. UltraTech Cement on Wednesday said it will acquire 26 per cent equity of O2 Renewable Energy, a company engaged in the generation and transmission of renewable energy. This will help the Aditya Birla Group firm meet green energy needs, optimise energy cost

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