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

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

Uno Minda was amongst the top gainers, currently trading at 654.95 in NSE with 0.714 times change in volumes and 7.731% change in price. Other gainers included Glenmark Pharmaceuticals with 7.652% price change and 1.757 times volumes, Prestige Estates with 5.77% price change and 0.596 times volumes, Federal Bank with 5.172% price change and 1.734 times volumes, and Tube Invest with 5.099% price change and 1.972 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.

360 One was amongst the top losers, currently trading at 692.40 in NSE with 1.397 times change in volumes and -2.971% change in price. Other losers included Rail Vikas with -2.968% price change and 0.582 times volumes, Torrent Power with -2.892% price change and 0.682 times volumes, Power Grid with -2.521% price change and 0.986 times volumes, and 8 20 with -2.407% price change and 0.405 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.

Paytm shifts nodal account to Axis Bank from Paytm Payments Bank. Fintech firm One97 Communications -- owner of the brand Paytm -- has shifted its nodal account to Axis Bank from Paytm Payments Bank. The move will allow continuity of Paytm QR, Soundbox, card machine after the March 15 set by the Reserve Bank of India, as

PM Modi lays foundation for NLC India's solar power plant in Rajasthan. Prime Minister Narendra Modi on Friday laid the foundation stone for NLC India Ltd's 300-mw solar power project in Barsingsar, Rajasthan. The prime minister also laid the found stone of other solar projects in the state. Addressing the event through videoc

DGCA issues notice to A-I over incident involving 80-year-old passenger. Aviation regulator DGCA on Friday issued a show cause notice to Air India regarding the incident of an 80-year-old passenger who collapsed and later died after walking from a plane to the terminal at the Mumbai airport as he did not get a wheelchair. The D

CRISIL Q4 results: Profit jumps 33% to Rs 210 cr on back of currency gains. Domestic rating agency Crisil, majority owned by S&P Global, on Friday reported a 33 per cent jump in net profit at Rs 210 crore for the December 2023 quarter. The city-headquartered company said its income from operations rose 11.6 per cent in the reporti

Florintree Capital exits Data Patterns, sells entire stake for Rs 1,102 cr. According to the block deal data available with the BSE, Florintree Capital Partners LLP offloaded 59,96,622 shares, amounting to a 10.71 per cent stake in Data Patterns (India)

Paytm shifts nodal account to Axis Bank for seamless transactions. Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications

LIC launches a non-participating product 'Amritbaal' for children. The Minimum Sum Assured is Rs. 2,00,000, with no limit for the Maximum Basic Sum Assured

Novartis announces strategic review of Novartis India Limited. Drug major Novartis AG on Friday announced a strategic review of Novartis India Ltd, a public company listed on the BSE. The strategic review will include an assessment of the 70.68 per cent shareholding of Novartis AG in the company, the drug firm said in

RBI extends deadline for Paytm Payments Bank restrictions to March 15. Merchants can accept payment if account linked to other banks

A breather for Paytm Payments Bank? What RBI's FAQs for customers indicate. The company is shifting its nodal account to Axis Bank to continue merchant settlements

HC grants interim bail to Lava MD Hari Om Rai in money laundering case. The Delhi High Court on Friday granted interim bail for three months to Hari Om Rai, MD of Lava International mobile company, in a money laundering case involving smartphone maker Vivo. Justice Swarana Kanta Sharma gave relief to 57-year-old Rai on account

Workers at Apple supplier Flex's Tamil Nadu plant stage one-day strike. Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers

Mahindra partners with Volkswagen to get electric components, battery cells. BERLIN (Reuters) -Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs), the companies said in a statement on Friday.

Jet Airways founder Naresh Goyal seeks interim bail to treat cancer. Jet Airways founder Naresh Goyal, an accused in a money laundering case, has moved a plea before a special court here seeking interim bail for treatment of malignancy, which was revealed during tests conducted by private doctors. The court passed an initia

Cognizant's workforce reduces by 7,600 in 2023; 4,500 cut in India. Total global headcount of Cognizant at the end of 2023 was 347,700, with nearly 250,000 employees in India

IHMCL removes PPBL's name from list of banks authorised to issue FASTag. Indian Highways Management Company Ltd (IHMCL), toll collecting arm of state-owned NHAI, has advised highway users to buy FASTags from 32 authorised banks sans Paytm Payments Bank for hassle-free travel. In a post on X, IHMCL said for hassle-free travel, b

Workers at Apple supplier Flex stage one-day strike, seek wage hike. The workers requested wage raises for the next three years but could not reach an amicable resolution, according to the letter

SBI seeks lower reserve requirement for green deposits, says chairman. "We have put across the asks. One, of course, is a reduction in CRR for green deposits and second, if at all as a policy it can be incorporated," Khara said

NHAI removes Paytm Payments Bank from FASTag authorised service list. The National Highway Authority of India's list contain a total of 30 payment banks, scheduled commercial and small finance banks, that are authorised for FASTag services

Corporate finance firm REC to issue multiple-tenor bonds, say bankers. India's REC plans to raise funds through two bonds, one maturing in three years and two months and the other in 10 years, three bankers said on Friday

JSW to invest Rs 65,000 cr for integrated steel complex in Odisha. Plant will also have a captive power plant, cement manufacturing unit, township, jetties

Zydus Lifesciences gets USFDA nod for generic drug to prevent chest pain. Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator to manufacture and market its generic Isosorbide Mononitrate extended-release tablets used to prevent chest pain in patients with a certain heart condition. T

We will find another opportunity in India post Zee merger collapse: Sony. With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a

SpiceJet promoter Ajay Singh, Busy Bee Airways bid for bankrupt Go First. SpiceJet announced that it would act as the operating partner for the new airline, providing staff and services

Oberoi Realty ties up with Marriott to manage two new hotels in Mumbai. Oberoi Realty on Friday said it has entered into an agreement with Marriott International for the management of two new hotels in Mumbai Metropolitan Region (MMR). In a regulatory filing, the company informed that it has "entered into an agreement with Mar

Coal scam: CBI names Monnet Ispat and Energy, CMD Jajodia in charge sheet. The CBI has filed its charge sheet in an ongoing coal scam case probe against Monnet Ispat & Energy Ltd, its chairman cum managing director Sandeep Jajodia and senior vice president Amitabh Mudgal for alleged irregularities in allocation and running of Gar

Akasa Air to start international ops from March 28; first flight to Doha. Akasa Air on Friday said it will start international operations with flight services to Doha starting from March 28. "Starting 28 March 2024, Akasa Air will operate four non-stop flights a week, connecting Mumbai with Doha, enhancing air connectivity betwe

Max Healthcare Institute acquires Alexis Hospital at Rs 412 cr valuation. Max Healthcare Institute Ltd on Friday said it has acquired 100 per cent stake in Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd for an enterprise value of Rs 412 crore. Subsequently, Alexis Multi Speciality Hospital has been renamed as Max Super Sp

RBI extends Paytm Payments Bank restriction deadline to March 15. The earlier deadline was Feb 29

SpiceJet's Ajay Singh, Busy Bee Airways jointly submit bid for GoFirst. The bid has been submitted by SpiceJet Chairman Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited

Akasa Air to operate first international flight to Doha on March 28. Currently, 68 flights per week are operated by four carriers between Mumbai and Doha

Delhi HC refuses to hear pleas over CCI's inaction in Google billing case. Both ADIF and IBDF had moved the court alleging that the CCI had not heard their case against Google's billing policy since July 2023

Startup Captain Fresh raises Rs 208 crore from investors to expand business. Captain Fresh, a fish and seafood tech startup, has raised USD 25 million (around Rs 208 crore) from investors to expand business. In a statement, the company said it has raised USD 25 million as part of a continuing larger funding round. The company had r

LIC employee unions refuse 14% salary hike offer by management. The state-owned life insurer had offered to give its employees a raise of 14 per cent in a meeting convened with the All India National Life Insurance Employees Federation and other unions in LIC

LIC gets tax refund of Rs 21,740 crore from Income Tax department. Out of this, the Income Tax Department has released Rs 21,740.77 crore. The company further added that it is pursuing the balance with the Income Tax Department

Tata Power gets LoI to develop Jalpura Khurja power transmission project. Tata Power on Friday said it has received a letter of intent from REC Power Development and Consultancy to develop the Jalpura Khurja Power Transmission project at an estimated cost of Rs 838 crore. In an exchange filing, Tata Power said, "It has received

Royal Enfield partners with K-Rides Motosiklet to enter Turkiye market. Mid-sized motorcycle maker Royal Enfield on Friday announced its foray into the Turkish market through a distribution partnership with K-Rides Motosiklet ve Bisiklet San. ve Tic. A.S., a subsidiary of Kibar Holding. K-Rides Motosiklet ve Bisiklet San. ve T

59% Indian enterprises actively using AI in business activities: IBM report. 27 per cent organisations actively pursuing AI technology

NBCC bags housing redevelopment project for MEA worth Rs 262 crore. State-owned NBCC Ltd on Thursday said it has bagged a Rs 262 crore project to redevelop Ministry of External Affairs Housing in the national capital. In a statement, NBCC said the "Bhoomi Poojan Ceremony" for the redevelopment of Ministry of External Affai

Tata group considering spinoff of battery business Agratas Energy Storage. A listing may value Agratas at billion to billion depending on its growth and market sentiment, they said. A representative for Tata declined to comment

Canara Robeco Mutual Fund launches fund on manufacturing theme. The tailwinds are emerging from several fronts - policy reforms like Production-Linked Incentive (PLI) and Make in India, global supply chain diversification, investments and capacity utilisation

Zoomcar Q3 results: Revenue slips 19% to .4 mn, bottomline improves. The firm said that net revenue declined due to lower number of days booked, resulting in decreased gross billings as Zoomcar prioritised higher-margin bookings in support of its cost reduction efforts

Metalbook targets 0 million ARR by FY24, plans IPO in 4-5 years. B2B digital platform Metalbook expects to achieve an annual recurring revenue (ARR) of USD 200 million (about Rs 1,660 crore) by March 2024, the company said on Thursday. ARR generally refers to the total revenue level that a company may achieve after 12 m

Anil Agarwal's Vedanta Resources sells stake worth Rs 1,737 crore. Finsider International, part of billionaire Anil Agarwal-led Vedanta Resources, sold more than 65.5 million Vedanta Ltd shares at 265.14 rupees each, the data showed

Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr. Ather competes with players such as Ola Electric, Bajaj, Ampere, Hero MotoCorp, and TVS Motor Company. It has been making efforts to achieve profitability as it prepares for the IPO

RECPDCL hands over Pachora Power Transmission SPV to GR Infraprojects. State-owned REC on Thursday said its arm RECPDCL has handed over Pachora Power Transmission SPV to GR Infraprojects. The SPV was formed for the establishment of the Interstate Transmission Project for evacuation of power from renewable energy (RE) projects

Meril Life Sciences eyes 5-fold revenue growth over the next 5 years. Currently, 55 per cent of Meril's revenue comes from its international business, through its presence in over 150 countries and subsidiaries in more than 25 nations such as Germany, Russia and Brazil

Subramanian Swamy moves Delhi HC seeking probe against Axis Bank. Subramanian Swamy has filed a Public Interest Writ Petition against the Union of India, Axis Bank, Axis Securities Limited, Axis Capital Limited, and others before the High Court of Delhi

NeoGrowth posts Rs 28 crore net profit in Q3FY24, revenues up 67%. The Mumbai-based company saw a 67 per cent year-on-year increase in its gross revenue from Rs 96 crore in Q3 FY23 to Rs 160 crore in Q3 FY24

HCLTech tells DFS employees to report to office 3 times in a week. HCL Technologies has asked all employees who are part of Digital Foundation Services (DFS) to come to office at least three days a week beginning February 19, according to a communication by Noida-headquartered IT company. The move comes at a time when mor

Carlyle Group sells 1.3% stake in Yes Bank for Rs 1,057 cr via open market. Global investment firm The Carlyle Group on Thursday pared a 1.3 per cent stake in private sector lender Yes Bank for Rs 1,057 crore through an open market transaction. The US-based Group through its affiliate CA Basque Investments offloaded 39 crore share

Premium-device sales fuel Amazon's smartphone category growth in 2023. According to Babu, premium smartphone sales are primarily being fuelled by better financing options such as no-cost and low-cost equated monthly instalments (EMIs)

OYO forays into sports hospitality biz, shortlists 100 hotels in 12 cities. Hospitality and travel-tech firm OYO on Thursday announced its foray into sports hospitality business shortlisting 100 hotels across 12 key cities, including Delhi, Chennai, and Bangalore, to cater to large sports events. The sports hospitality business ai

India Yamaha Motor recalls 300,000 scooters to rectify brake parts. India Yamaha Motor is recalling around 3 lakh units of its 125 cc scooter models Ray ZR 125 Fi Hybrid and Fascino 125 Fi Hybrid to rectify faulty brake parts. The Japanese two-wheeler maker said it is recalling scooter units manufactured between January 1,

EPACK Durable Q3 results: Net profit at Rs 4.83 cr, revenue at Rs 279 cr. EPACK Durable Ltd on Thursday reported Rs 4.83 crore consolidated net profit for the third quarter ended December 2023. The company had posted a net loss of Rs 6.30 crore during the October-December quarter a year ago, EPACK Durable said in a regulatory fi

Julius Baer India gets over Rs 300 cr; Juniper Hotels IPO opens Feb 21. Juniper Hotels, which runs hotels under the Hyatt brand, on Thursday fixed the price band of Rs 342-360 per share for its Rs 1,800 crore initial public offering (IPO)

Netflix's monetisation model may just save India's online learning apps. The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Pfizer agrees to pay million to settle Lipitor drug antitrust lawsuit. Pfizer introduced Lipitor in 1997, and the drug drove more than 0 billion in sales during its first 14 years on the market

Centre may reduce import duty for Tesla in lieu of an EV factory in India. Tesla had earlier asked the Centre to reduce the import duty to 15 per cent on its cars for the first two years, in exchange for an investment of up to billion in India

Tata Group, Uber in talks for partnership to drive digital engagement. Tata Neu has faced challenges with stagnant user growth and low customer engagement and may be looking to collaborate with Uber to boost traffic volumes

ED questions Paytm officials, gets documents following RBI's decision. The Enforcement Directorate has questioned senior Paytm executives and taken submission of documents from them following the recent RBI action of barring Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, official sources s

ABFRL Q3 result: Net loss at Rs 107.60 cr, revenue at Rs 4,166.71 cr. Aditya Birla Fashion and Retail Ltd has reported a consolidated net loss of Rs 107.60 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 11.21 crore during the October-December quarter a year ago, according to a regu

E-commerce major Amazon surpasses billion in exports from India in 2023. Amazon, which began exporting from India seven years ago, would have to more than double its exports by 2025 to meet its ambitious billion target

Boeing Defence India appoints ex-naval aviator Nikhil Joshi as MD. US aerospace major Boeing on Thursday announced the appointment of Nikhil Joshi as managing director of Boeing Defence India (BDI), saying it is aimed at strengthening the company's operations and accelerated growth strategy in the country. Based in New De

Home loans business gives HDFC Bank CASA boost, says Arvind Kapil. The CASA deposits of the bank grew by 2.2 per cent quarter-on-quarter(QoQ) to Rs 8.35 trillion in Q3 FY24 with CASA ratio inching up to 37.7 per cent from 37.6 per cent in Q2 FY24

Country Group to invest Rs 5,000 crore in luxury housing project in Noida. Real estate developer County Group on Wednesday said it will invest Rs 5,000 crore over the next five years in a luxury housing project 'Ivory County' here. The group said it expects a sales realisation of approximately Rs 7,500 crore from the project wher

Utkarsh Small Finance Bank proposes reverse merger with holding entity. The bank has said it has taken note of the proposal and the Board of Directors of the lender will meet in due course and evaluate the proposal and other options to achieve regulatory compliance

RIL in talks for stake in Tata Play, may buy Disney's 29.8% share. JioCinema may offer entire content suite to Tata Play customers

M&M Q3 results: PAT at Rs 2,658 cr on strong auto market share gains. The company's stock gained close to one per cent on BSE on Wednesday

Tata Nexon secures 5-star rating in latest Global NCAP crash tests. Nexon received a score of 32.22 out of 34 points for adult occupant protection and 44.52 out of 49 points for child occupant protection

NMDC Q3 results: Net profit rises 62% to Rs 1,470 cr, income at Rs 5,746 cr. State-owned NMDC on Wednesday posted a 62 pc rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, pushed by higher income. It had clocked a net profit of Rs 903.89 crore in the year-ago period, the mining company said in an exchang

Automotive supplier ZF Group inaugurates new manufacturing unit in TN. With an Rs 1,800 crore project outlay, ZF plans to strengthen its manufacturing presence and expansion in India with investment realization by 2030

UpGrad's founder blames Raveendran, investors for current state of Byju's. Speaking at the second edition of the ASU+GSV & Emeritus Summit in Gurugram, he emphasized that "one rotten apple" should not affect the entire edtech sector

NCLAT stays NCLT ruling in Dream 11 case, bars IRP actions until Feb 23. The National Company Law Appellate Tribunal on Wednesday stayed the NCLT Mumbai bench order to initiate a corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, which operates the fantasy sports platform Dream 11. However, it has also

SC proposes to inspect closed Vedanta group's copper plant in Tamil Nadu. The Supreme Court on Wednesday proposed a panel of domain experts to inspect the closed Sterlite copper unit in Tamil Nadu's Tuticorin and suggest further compliances and way forward, saying shutting down a plant of national importance will not serve anybo

Capacit'e Infraprojects Q3 results: Net profit grows 6% to Rs 30 crore. Capacit'e Infraprojects on Wednesday posted a 6 per rise in its consolidated net profit to Rs 30 crore during the third quarter ended December 2023, driven by higher income. It had clocked a net profit of Rs 23 crore in the October-December period of FY23,

Muthoot Finance Q3 results: Net profit up 23% owing to higher gold prices. The company posted a consolidated net profit of Rs 1,145 crore during the third quarter of 2023-24

PC Jeweller Q3 results: Loss widens to Rs 198 crore, revenue down 95%. The company has proposed a one-time settlement of its unpaid debt to lenders, who have agreed in-principle to seek internal approval for the proposal, it said on Wednesday

Gland Pharma Q3 results: Net porfit at Rs 192 cr, revenue at Rs 1,545 cr. Gland Pharma on Wednesday said its consolidated Profit After Tax (PAT) stood at Rs 192 crore for the December quarter. The drug firm had reported a PAT of Rs 232 crore in the year-ago period. The company's revenue from operations stood at Rs 1,545 crore fo

Vedanta's parent may sell billion worth shares to GQG Partners: Report. Saddled with .4 bn in outstanding debt, including .5 bn payment due by fiscal 2025, Vedanta Resources has been attempting to shore up finances, including through recent debt restructuring

GVK Power Q3 results: Net loss at Rs 77 crore, income more than halves. GVK Power and Infrastructure Ltd (GPIL) on Wednesday posted a consolidated net loss of Rs 77.39 crore during the third quarter ended December 2023, mainly due to lower income. It had clocked a net profit of Rs 3,402.47 crore in the October-December 2022 pe

Orient Green Company Q3 results: Loss at Rs 20 crore, income at Rs 38 cr. Orient Green Power Company Limited (OGPL) on Wednesday reported a consolidated net loss of Rs 20.64 during the quarter ended December 2023. It had posted a net profit of Rs 9.74 crore in the October-December period of the preceding 2022-23 financial year,

Canara Bank raises Rs 2,000 crore funds from bonds at coupon of 8.40%. State-owned Canara Bank on Wednesday said it has raised Rs 2,000 crore by issuing bonds to fund business growth. The fund has been raised through non-convertible, taxable, perpetual, subordinated, fully paid up, unsecured Basel III compliant Additional Tie

Crompton Greaves Q3 results: Net profit falls 3.1% to Rs 85.45 crore. Crompton Greaves Consumer Electricals Ltd on Wednesday reported a 3.1 per cent decline in its consolidated net profit to Rs 85.45 crore for the third quarter ended December 2023. The company had posted a net profit of Rs 88.19 crore in the October-December

Sun TV Network Q3 results: Profit up 7% at Rs 454 cr, revenue at Rs 923 cr. Sun TV Network Ltd on Wednesday reported 6.81 per cent increase in consolidated profit after tax (PAT) at Rs 454.09 crore for the third quarter ended December 2023. The company had reported a PAT of Rs 425.10 crore in October-December FY23, according to a

About 30% of business applications have moved to cloud in India: Oracle. Kumar further added that today every customer across verticals like BFSI, telecom, retail, large or SMB etc., are discussing cloud and how fast they can do so

NBFC-MFIs post 80% growth in net profit at Rs 1,105 cr for Q3 FY24. High credit offtake; interest rate hikes boost bottomline

Jio tries to woo Airtel users on V-day with classic 'call me' pickup line. Reliance Jio has picked a playful banter with Airtel on social media on Valentine's Day, asking the customers of the rival telco not to ignore "red" flags in their relationship, dishing out the flirtatious 'call me' pick up line. In reply, Airtel shared it

Nabard Q3 results: Net profit rises 34% to Rs 4,495 crore, income up 25%. The national developmental bank Nabard has reported a 34 per cent on-year rise in net profit at Rs 4,495 crore for the 2023 December quarter, helped by robust income growth and balance sheet expansion. In the year-ago period, it had booked Rs 3,345 crore i

ADIF moves Delhi HC against 'inaction of CCI' to decide Google case. ADIF told court that 'there will be a cascading effect of harm to the market and the market will not be able to recoup the competitive loss at the hands of Google if CCI does not decide on its plea

BGR Energy Q3 results: Loss widens to Rs 691 cr, income almost doubles. BGR Energy Systems' loss widened to Rs 691.38 crore in the December quarter compared to the year-ago period mainly due to higher expenses. The consolidated net loss of the company was Rs 59.22 crore in the quarter ended on December 31, 2022, a BSE filing s

PTC Q3 results: Net profit slips 7% to Rs 97 cr, income up at Rs 3,483 cr. Power trading solutions provider PTC India on Wednesday reported over 7 per cent fall in its consolidated net profit to Rs 97.04 crore for the December 2023 quarter, impacted by higher expenses. It had clocked a net profit of Rs 104.48 crore in the year-ag

ED launches preliminary probe into Fema breach in Paytm Bank case. There could be a multi-agency investigation of the company, sources have indicated

Glenmark Pharma Q3 results: Standalone loss at Rs 20 cr, revenue dips 38.4%. Glenmark is going through a transitionary phase on account of divestment of Glenmark Life Sciences, says MD

Genesys Q3 results: PAT almost doubles at Rs 15.86 cr, revenue rises 9%. Digital mapping firm Genesys on Wednesday posted a net profit of Rs 15.86 crore for the December quarter. The company had posted a profit after tax of Rs 7.86 crore in the year-ago period. Genesys posted a 9 per cent rise in consolidated revenue to Rs 59.3

HGS Q3 results: Net profit tanks 84% to Rs 8.2 crore, revenue up 8%. Hinduja Global Solutions (HGS) on Wednesday reported a 84 per cent decline in consolidated net profit to Rs 8.2 crore for the December quarter. The company's net profit stood at Rs 51.6 crore in the year-ago period. Its revenue from operations, however, gr

Jeff Bezos sells bn of Amazon shares, cashes in on Amazon rally. Amazon shares were up 13% this year through Monday's close, the last day on which Bezos sold shares, according to a filing. They slipped 2.2% to 8.64 on Tuesday

Apple's longest-serving designer to depart company, adding to exodus. Bart Andre, who joined Apple in 1992 alongside Ive, told colleagues this month that he is retiring, according to people familiar with the matter

Instacart to cut 250 jobs as slowing ad biz counters upbeat Q1 forecast. Ad and other revenues increased 7 per cent in the fourth quarter, compared with a 19 per cent growth in the previous quarter

Defence ministry signs Rs 2,269 cr deal with Bharat Electronics Limited. The project will generate employment of two and half lakh man-days over a period of four years with the participation of more than 155 industry partners, including MSMEs, the company said

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