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NSE share market NEWS tomorrow (12 February, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 February 2024

Zydus Lifesciences was amongst the top gainers, currently trading at 856.65 in NSE with 2.554 times change in volumes and 6.41% change in price. Other gainers included Astral Poly with 4.64% price change and 4.308 times volumes, Mazagon Dock with 3.048% price change and 2.666 times volumes, Dr Reddy with 2.886% price change and 3.468 times volumes, and Apollo Hospitals with 2.751% price change and 0.761 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.

Nhpc was amongst the top losers, currently trading at 81.00 in NSE with 1.768 times change in volumes and -15.844% change in price. Other losers included Bharat Forge with -13.934% price change and 3.802 times volumes, Bond 8 with -13.5% price change and 1.986 times volumes, Bharat Dynamics with -12.102% price change and 1.664 times volumes, and Rail Vikas with -11.437% price change and 0.913 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.

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes. The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over the one year thus saving a major part of its portfolio from the meltdown

Brookfield India Real Estate Trust to distribute Rs 209 cr to unitholders. Brookfield India Real Estate Trust on Monday reported an 89 per cent growth in net operating income to Rs 453.4 crore and declared distribution of Rs 208.56 crore for the December quarter. The distribution comprises Rs 97 crore at Rs 2.21 per unit in the f

APM Terminals Pipavav Q3 results: Net profit rises 39% to Rs 110 cr. Private port operator APM Terminals Pipavav on Monday posted a 39 per cent rise in net profit to Rs 110.27 crore for the December quarter. It had posted a net profit of Rs 79.34 crore in the year-ago period, according to a statement. Revenue from operation

Coal India Q3 results: Profit rises 17% to Rs 9,069 cr, revenue up 2%. Coal behemoth CIL on Monday reported a 16.9 per cent rise in consolidated net profit to Rs 9,069.19 crore for the December quarter. The company's consolidated net profit stood at Rs 7,755.55 crore in the year-ago period, Coal India Ltd (CIL) said in a regu

SC allows IOC-ArcelorMittal Nippon Steel to resolve dispute via arbitration. The dispute is related to Essar Steel India Limited (ESIL), which was acquired by AMNS through the insolvency resolution process in 2019

Dr Reddy's Laboratories R&D facility gets VAI status in USFDA inspection. Last year in December, during the Good Manufacturing Practice (GMP) and Pre-Approval Inspection at the same facility concluded with three observations

Lack of full Bench takes a toll on SAT's functioning and efficiency. Industry players fear that if the Bench is not restored soon, it could hamper the fundraising and expansion plans of companies with pending litigation

SAIL Q3 results: Net profit falls 22% to Rs 423 cr, dividend declared. State-owned Steel Authority of India Ltd (SAIL) on Monday reported a 22 per cent fall in its consolidated net profit to Rs 422.92 crore for the quarter ended in December 2023 due to lower income. The steel maker had posted a net profit of Rs 542.18 crore d

Indian startup ecosystem welcomes MCA's performance review of CCI. The Finance and Corporate Affairs Minister, Nirmala Sitharaman, is likely to convene a meeting in this regard this month

SWRE places orders with Nextracker for solar trackers for Gujarat projects. SWRE is implementing solar projects at NTPC Renewable Energy Ltd's (NTPCREL) solar park in Khavda, Rann of Kutch, a company statement said

Jaypee Infratech insolvency: Panel seeks nod for Suraksha's resolution plan. In a regulatory filing Jaypee Infratech said there would be a delay in filing of its annual results for 2022-23 fiscal and the results for the first three quarters of the current financial year

Novo Nordisk's major shareholder plans to invest about bn by 2030. For Novo Holdings, which invests in life science companies and had assets of 108 billion euros (5.86 billion) at end-2022, its recent investment in India was its largest in Asia to date

Panasonic unveils smart, IoT powered models across inverter AC range. Panasonic on Monday launched its 2024 line-up of air conditioners, with 60 new models mostly across inverter AC range. This also includes India's first matter-enabled room ACs, powered by its IoT platform Miraie, a statement from Panasonic Life Solutions I

Independent director Manju Agarwal quits Paytm Payments Bank board. "We hereby submit that PPBL is our associate entity and this event is not deemed material for the company and does not impact the operations/business of the company," OCL said

IRIS Business Services Q3 results: Profit increases 19% to Rs 1.76 crore. Global fintech firm IRIS Business Services has reported a profit of Rs 1.76 crore for December quarter 2023-24. In the year-ago period, the profit was Rs 1.48 crore. Revenue in April-December FY24 was Rs 72.35 crore as against Rs 53.47 crore in the year-ag

UdaanCapital disburses Rs 170 cr to Saint Gobain's distribution network. "We believe in forging strong partnerships to advance our goal of building next-generation working capital products for India's trade," said Chaitanya Adapa, Head of UdaanCapital

No review of action on Paytm Payments Bank: RBI governor Shaktikanta Das. Says the decision was made after a thorough evaluation of its operations

JM Financial Q3 results: Profit rises 46% to Rs 278 cr, NPAs stand at 4.5%. JM Financial on Monday posted a 46 per cent rise in net profit to Rs 278 crore in the December quarter on the back of robust revenue growth. In a statement, the company said both its topline at Rs 1,261 crore, which is more than 33 per cent over the same p

IndiGrid plans to raise Rs 1,000 crore for acquisitions, debt rejig. IndiGrid has announced the acquisition of 100 per cent of ReNew Solar Urja Private Limited (RSUPL). The deal is expected to be valued at Rs 1,650 crore

Govt nod for OCL investment in Paytm Payment Services awaited, says Paytm. Fintech firm One97 Communications Ltd (OCL) on Monday said it has not received government approval for a downstream investment in payment aggregator subsidiary Paytm Payment Services Ltd. In November 2020, PPSL applied for a licence with the Reserve Bank o

Physics Wallah founder waives off fee worth Rs 17 cr for 51,000 students. Edtech major Physics Wallah on Monday said its Founder Alakh Pandey has waived off fees for 51,000 underprivileged students for the 2023-24 academic year. The fee waiver was given for various courses spanning NEET, JEE, commerce, arts, and standard 9-12 co

Religare Enterprises board, Burman family of Dabur spar over open offer. A spokesperson for Burmans said that the banking regulator has taken note of the non-cooperation by Religare and has directed Religare to make the necessary applications to the banking regulator

Moneyboxx Finance Q3 results: Profit at Rs 2 cr, total income at Rs 33.5 cr. Moneyboxx Finance, an NBFC engaged in small business lending segment, has reported a profit of Rs 2.01 crore for the quarter ended December 2023. The company had incurred a loss of Rs 2.7 crore in December quarter last financial year. The company posted a

BLS International Services Q3 results: Profit rises by 90% to Rs 87 cr. Visa service provider BLS International Services on Monday reported a 90 per cent year-on-year rise in net profit to Rs 87.18 crore for the quarter ending December 2023, primarily driven by an improved business mix. The New Delhi-headquartered company had

PE majors Blackstone, ChrysCapital join race to buy Healthium Medtech. The company is generating good response from the potential bidders as it is focusing primarily on products in surgical and post surgical as well as chronic care

IPO-bound Arkade Developers plans Rs 700 cr investment in 3 projects. City-based builder Arkade Developers will be investing around Rs 700 crore in three projects in the megapolis that are expected to be completed over the next three to four years. Last week, the company received the regulatory nod to launch a Rs 430 crore

IOCL, ArcelorMittal get nod for arbitration to resolve Essar Steel dispute. The Supreme Court on Monday permitted Indian Oil Corporation (IOC) and ArcelorMittal Nippon Steel India Limited (AMNSIL) to initiate arbitral proceedings to resolve their dispute relating to Essar Steel India Limited (ESIL). A bench headed by Chief Justice

Kirloskar Oil Engines Q3 results: Net profit rises 21% to 82 crore. Net sales for the third quarter of this fiscal stood at Rs 1,125 crore, up from Rs 990 crore in the year-ago period, registering an increase of 14 per cent, it said

Ashneer files plea in NCLT, seeks exemptions in petition against BharatPe. BharatPe co-founder and former managing director Ashneer Grover has filed a plea before NCLT seeking waiver over a petition earlier filed by him alleging oppressive conduct and mismanagement by the board of the fintech firm. On this, the Delhi bench of Nat

Do not have any pilot shortage: Akasa Air founder and CEO Vinay Dube. The airline, which has a 23 Max aircraft in its fleet, cancelled a few flights on Sunday and Monday due to operational reasons. These cancellations were not due to lack of sufficient number of pilots

Akasa Air cancels 10 flights in two days, says it is an 'aberration'. Akasa Air on Monday said it has cancelled 10 flights in two days and termed it as an "aberration". While the airline did not disclose the reasons for the flight cancellations, sources in the know said it was facing a shortage of trained pilots. However, Ak

Unilever CEO Schumacher says board member Peltz backs strategic changes. When Unilever reported fourth quarter earnings last week, some investors and analysts said it was still not regaining lost market share quickly enough

HP seeks bn in losses from founder Lynch over autonomy fraud: Report. Founder Mike Lynch was found to have inflated Autonomy's revenue alongside his chief financial officer Sushovan Hussain

AI frenzy puts Nvidia briefly ahead of Amazon in market value: Report. The last time Nvidia was more valuable than Amazon was in 2002, when they were each worth under billion

EY added 0 million in extra debt for failed spinoff costs: Report. Borrowing at the accounting firm more than tripled from a year earlier to 3 million as of June 30, 2023, as it expanded an existing floating credit rate facility and took out a new one

MedPlus expects 50-60% revenue from 'store generics' in next 3 yrs. MedPlus Health Services, a retail pharmacy and diagnostics chain in India, is set to elevate its "store generics" (in-house brand) to 50-60 per cent contribution to the firm's revenues in the next two to three years, drawing inspiration from the successful

'Rich' to 'lean', 4 price changes: Story of India's largest gas import deal. Petronet renewing a contract to buy 7.5 million tonnes of LNG from Qatar annually from 2029 for 20 years is the largest-ever extension of super-chilled fuel in the world, and will support India's clean energy goals, officials said. The original 25-year dea

Growth momentum to continue amid positive economic scenario: JK Tyre. JK Tyre expects demand momentum to continue for the tyre industry in the medium to long term, with the automobile industry set to grow amid a positive economic environment, according to a top company official. In an interaction with PTI, JK Tyre & Industri

Expect some impact on costs due to ongoing Red Sea crisis: Maruti Suzuki. Maruti Suzuki may see some increase in costs due to the rerouting of vessels amid the ongoing Red Sea crisis, according to a senior company official. The auto major, which exported around 2.7 lakh cars last calendar year, however, noted that it does not ex

Red Sea crisis disrupts Audi India's supply chain, firm eyes recovery soon. The situation in the Red Sea is creating supply chain issues for German luxury carmaker Audi, impacting car deliveries to customers in India in the first quarter but recovery is expected in the coming months, according to a senior company official. With el

Ashok Leyland progressing in network expansion in North & East: Official. Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its electric light commercial

Israel's Tower Semiconductor proposes bn chip plant in India: Report. Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, the report said

Indian Biogas Association to investment Rs 30K cr for import reduction. Indian Biogas Association has recommended an investment of Rs 30,000 crore for machinery and equipment required for biomass supply to compressed biogas plants to ensure 12 MMTA of LNG import reduction. "Utilising agricultural residues like paddy straw for

IndiGo plane misses taxiway at Delhi airport, blocks runway for 15 mins. An IndiGo aircraft from Amritsar missed the exit taxiway after landing at the Delhi airport on Sunday morning, following which one of the runways was blocked for little over 15 minutes, impacting flight operations, according to sources. An airline spokespe

ONGC Q3 results: Net profit falls 14% to Rs 9,536 cr on lower oil prices. State-owned Oil and Natural Gas Corporation (ONGC) on Sunday reported 14 per cent drop in net profit for the third quarter ended December 31 as oil and gas prices fell. Standalone net profit of Rs 9,536 crore in October-December 2023 (third quarter of 2023

Jindal-owned JSW plans to produce EVs in Rs 40,000 cr investment push. Sajjan Jindal keen to produce Made in India electric car/CVs

TruAlt Bioenergy to expand capacity, invest Rs 600 cr for setting up plants. TruAlt Bioenergy, which is among the largest biofuel players, is planning to expand its capacity by 2.7 lakh litres per day by next fiscal and will invest around Rs 600 crore to set up more plants. The Bengaluru-based company is also expecting around 30 pe

Yatharth Hospital to acquire Faridabad-based Fidelis hospital for Rs 116 cr. Yatharth Hospital added that the bed capacity will be expanded to 200 to 220 beds post acquisition

With second PLI certification, IPO-bound Ola Electric eyes 13% subsidy. Ola Electric is the only two-wheeler electric company to receive a nod as incumbents struggle with localization standards

Rs 750 cr stuck in Qatar projects due to delays in payments: Voltas CEO. Tata Group firm Voltas is facing a major headwind in Qatar as around Rs 750 crore has been stuck due to delays in the realisation of overdue receivables and execution timelines, said its MD and CEO Pradeep Bakshi. In some projects, bank guarantees were "un

Xiaomi says India's scrutiny of Chinese firms unnerves suppliers: Report. In the letter, Xiaomi India President Muralikrishnan B. said India needed to work on 'confidence building' measures to encourage component suppliers to setup operations locally

Inox Wind eyes profit in coming quarters amid market upswing: INOXGFL. Wind energy solution provider Inox Wind is likely to continue its growth trajectory after its business turned around in the December 2023 quarter, driven by a strong order book and higher revenues, a top official has said. Its parent INOXGFL Group's Execut

Govt reviewing FDI flow from China in Paytm Payments Services: Report. The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said. In November 2020, PPSL had applied for licence with the Reserve Bank of Ind

APSEZ secures top rank in climate actions, environmental performance. Adani Ports and Special Economic Zone Ltd (APSEZ) on Sunday said it has secured top position for its climate actions and environmental performance in assessments done by four global rating agencies. The assessments were done by CDP, S&P, Sustainalytics and

LIC expects income tax refund of Rs 25,464 cr in Q4, says chairman. Life Insurance Corporation of India has received an income tax refund order of Rs 25,464 crore, and it is likely to be realised during the current quarter, its chairman Siddhartha Mohanty said. Last month, the Income Tax Appellate Tribunal (ITAT), Income T

'Godrej Properties to beat FY24 guidance, sale bookings to hit Rs 18k cr'. Godrej Properties' sale bookings are likely to rise 50 per cent annually to over Rs 18,000 crore this fiscal year, beating the annual guidance on strong demand for its residential projects. In an interview with PTI, Executive Chairperson Pirojsha Godrej sa

ONGC Q3 results: Net profit shrinks 7.9% to Rs 10,748 cr as production dips. ONGC's total crude production dropped by 3.3 per cent to 5.21 million metric tonnes (MMT), down from 5.39 MMT in Q3 FY23

Paytm secures merchant support, guarantees uninterrupted services. Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday. The blog post came amid the recent crisis around

India EXIM Bank eyes additional 0 mn to bn fund raise in FY24. The liquidity is comfortable in the international market, and the conditions are better for Indian entities than a few months ago in terms of raising resources, Bangari said

EaseMyTrip announces 5-star hotel in Ayodhya, expects 10x growth in tourism. The co-founder of EaseMyTrip further said that as the hospitality landscape evolves, EaseMyTrip is dedicated to delivering unparalleled travel experiences and improving India's tourism infrastructure

LIC's VNB margin growth higher than private life insurers in Q3 FY24. VNB is a measure of the economic value of the profits expected to emerge from new business. VNB margin is the profit margin of the companies

Prosus-backed PayU's India playbook: Focus driven by fintech opportunity. PayU CEO Anirban Mukherjee said the company was adopting an 'India-centric' approach, which was driven by the inherent advantages the country offered compared to other markets

Zomato summoned over 'false practice' of food from 'iconic restaurants'. A court here has issued a summons to food delivery app Zomato in a civil suit seeking a restraining order against the company from continuing its services allowing users to order "hot and authentic food" from "iconic restaurants" across the national capita

Investigation of tax evasion by WSP India in progress: IT Dept tells HC. WSP Consultants India, a professional services firm, offers technical and strategic advisory services in various engineering and infrastructure sectors

Black Box Q3 results: Net profit rises to Rs 41 crore, revenue remains flat. IT company Black Box posted a multi-fold jump in consolidated net profit to Rs 40.87 crore in the December quarter on account of cost rationalisation and enhanced productivity. The company had posted a net profit of Rs 7.79 crore in the year-ago period, it

Indian Overseas Bank to open 88 new branches this year: MD Srivastava. Public sector Indian Overseas Bank has drawn up expansion plans to open 88 new branches during the year commemorating the 88th Foundation Day celebrations, a top official said on Saturday. The Chennai-headquartered bank marking the occasion unveiled RuPay

Tastes2plate to raise Rs 30-40 cr to fuel growth in intercity food delivery. Kolkata-based intercity cooked food delivery startup, tastes2plate.com, is close to raising Rs 30-40 crore in Series A venture funding, aiming at unlocking exponential growth in the online food delivery market, which holds the potential to reach USD 3-5 bi

NSE Q3 results: Profit rises 8% to Rs 1,975 cr, income at Rs 3,517 cr. The National Stock Exchange (NSE) on Saturday reported an 8 per cent rise in consolidated net profit to Rs 1,975 crore for three months ended December 2023. The consolidated income from operations stood at Rs 3,517 crore for the October-December quarter of

CBIC cautions against fake GST summons, asks to check communications. The CBIC on Saturday cautioned against fraudsters issuing fake GST summons and asked taxpayers to check the veracity of any communication received from GST authorities. In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said the Directo

RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report. NPCI oversees the United Payments Interface payments, and NHAI operates the FASTag service

Shinjini Kumar resigned from PPBL board, attended 2 meets as special guest. This means, two independent members have resigned from the board of the troubled Paytm Payments Bank

Biocon inks pact with Sandoz for sale of 2 biosimilar products in Australia. Biocon Biologics on Friday said it has inked a five-year pact with pharmaceutical company Sandoz AG regarding the sale and distribution of two cancer treatment biosimilar products in Australia. The agreement provides Sandoz the exclusive rights to promote,

Biocon Biologics partners with Sandoz Australia to sell cancer drugs. The partnership will provide Sandoz the exclusive rights to promote, sell, and distribute biosimilar Trastuzumab and biosimilar Bevacizumab in Australia

Shriram Life Insurance's net profit jumps 61% to Rs 50 cr in Dec quarter. The insurer reported individual new business premium income of Rs 237 cr for its third quarter, raising its total premium income to Rs 842 cr in Q3FY24

IndianOil, Adani Gas JV to invest 0 million to double gas sales. The joint venture aims to double gas sales in four years and strengthen infrastructure to more than 600 retail outlets during the period to meet India's rising gas demand, Jha added

Paytm e-commerce renamed 'Pai Platforms', acquires ONDC seller firm Bitsila. Paytm E-commerce has changed its name to Pai Platforms and has acquired Bitsila, a seller platform on ONDC, gaining share in the online retail business. According to sources aware of the development, the company had applied for a name change around three m

ONGC in talks to restart Libya operations, expand in Venezuela: Report. ONGC is also in talks to increase production in Venezuela, Rawat told reporters on the sidelines of India Energy Week event in Goa

Petronet draws Rs 40,000 cr investment plan to increase profit by 2028. Petronet LNG Ltd, the operator of the world's largest liquefied natural gas (LNG) import terminal, will invest Rs 40,000 crore in expanding import capacity and petrochemicals with a target to treble net profit by 2028, its CEO A K Singh said. Petronet is m

OYO expects consistent PAT rise in upcoming quarters: CEO Ritesh Agarwal. Hospitality and travel-tech firm OYO expects a consistent rise in its Profit After Tax (PAT) after doubling it sequentially in Q3 FY24 to Rs 30 crore, according to company Founder & CEO Ritesh Agarwal. Agarwal shared the update about the two-fold increase

Tamilnadu Petroproducts Q3 result: Hit by cyclone, PAT drops to Rs 2.44 cr. Petrochemical manufacturing company Tamilnadu Petroproducts Ltd has recorded a standalone profit after tax for the October-December 2023 quarter at Rs 2.44 crore, following the impact of cyclone Michaung which led to disruption in manufacturing facilities.

HPCL to commission country's newest oil refinery in Barmer by January 2025. Hindustan Petroleum Corporation Ltd (HPCL) will commission the country's newest oil refinery at Barmer in Rajasthan by January next year that will help meet rising fuel demand in the north India, a senior company executive said. "The 9 million tonnes a yea

Max Healthcare acquires Nagpur-based Alexis Hospital for Rs 412 crore. Max Healthcare Institute on Friday said it has acquired Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd for Rs 412 crore. The 200-bed hospital is set up on a land parcel of 2-acre at Mankapur, north of Nagpur. The facility has potential to increase i

Max Healthcare acquires Nagpur-based Alexis Hospital for Rs 412 cr. Acquisition strengthens presence in Maharashtra and part of strategy to expand in Tier-II cities, says Max Healthcare

Zydus Lifesciences Q3 result: Net profits rise by 27%, beat estimates. Indian generic drugmaker Zydus Lifesciences reported a bigger-than-expected rise in third-quarter profit on Friday, driven by strong sales in its domestic and overseas markets

Emami Q3 results: PAT up 12% at Rs 261 cr due to reduced input costs. FMCG major Emami Ltd on Friday reported 11.88 per cent rise in consolidated profit after tax at Rs 260.65 crore for December quarter 2023-24, helped by improvement of margins due to reduced input costs. The company had logged a net profit of Rs 232.97 cror

Near term positive for Delhivery as firm clocks first profit in Q3. Logistics company focused market share gain and network utilisation, says one brokerage

Zaggle Prepaid Q3 results: Profit rises 92.7% to Rs 19.5 cr, revenue up 35%. New credit card offerings and lower finance costs helped fintech player Zaggle Prepaid Ocean Services Ltd post a strong 35 per cent growth in revenue in the December quarter, a top company official said on Friday. The fintech player, which provides spend m

D B realty board gives in-principal nod to demerge hospitality business. Mumbai-based D B realty on Friday said its board has in-principally approved a proposal to demerge the company's hospitality business as part of its efforts to unlock the value for shareholders. In a regulatory filing, the company informed that the Board o

Bandhan Bank Q3 results: Net profit jumps over two-fold to Rs 733 crore. The bank's total income increased to Rs 5,210 crore in the latest December quarter from Rs 4,840.94 crore a year-ago, the bank said in a regulatory filing

EESL inks initial pacts worth Rs 500 cr with state bodies, industries. State-owned Energy Efficiency Services Ltd (EESL) has inked initial pacts worth Rs 500 crore with key state bodies and industry partners at the India Energy Week, to formulate a framework for longstanding collaboration in key areas of energy efficiency. La

Easy Trip Planners Q3 results: Net profit rises 9.56% to Rs 45.68 cr. Online travel services provider Easy Trip Planners Ltd on Friday reported a 9.56 per cent increase in consolidated net profit at Rs 45.68 crore in the third quarter ended December 31, 2023. The company had posted a consolidated net profit of Rs 41.69 crore

Fintech major Paytm set for small win as govt close to approving investment. The RBI in 2022 held back Paytm Payments Services' application to become a so-called payments aggregator - an entity which makes it easier for online retailers and merchants to accept digital payments

MRF Q3 results: PAT rises three-fold to Rs 509 crore, revenue up 9.17%. The company opted not to disclose figures for its international operations, citing their insignificance in meeting the disclosure threshold specified in the Indian Accounting Standards

PepsiCo misses revenue estimates as multiple price hikes dent demand. PepsiCo and other retailers are now facing some resistance to the multiple price hikes undertaken since the pandemic to fend off higher costs caused by supply chain disruptions

Escorts Kubota Q3 results: Profit up nearly 49% at Rs 277 cr, misses view. The company's standalone net profit rose nearly 49% to 2.77 billion rupees (about million) for the three months ended Dec. 31, but fell short of analysts' expectations of 2.82 billion rupees

NCC Q3 results: Profit jumps 40% to Rs 221 crore on robust order book. The company's consolidated net profit after tax rose nearly 40% year-on-year to Rs 221 crore (.63 million) in the three months ended Dec. 31

Oil India seeking foreign technology partner for first offshore foray. Global companies like ExxonMobil, Equinor and Baker Hughes are being considered

LIC Q3 results: Profit rises 49% to Rs 9,444 cr, total income at Rs 2 trn. State-owned insurer LIC on Thursday reported a 49 per cent jump in net profit at Rs 9,444 crore for the third quarter ended December 2023. The country's biggest insurer had a net profit of Rs 6,334 crore in the year-ago period, according to a regulatory fi

Zomato Q3 results: Net profit rises 283% to Rs 138 crore, revenue up 69%. The company reported a loss of Rs 347 crore during the corresponding period last year. The results were also ahead of analyst expectations on both revenue and net profit fronts

60% of scam cases in UK came from Facebook, Instagram, says Revolut. The London-based fintech found 60% of UK scam cases came from Facebook, Instagram and WhatsApp, dwarfing other platforms and frauds conducted by telephone

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