NSE share market NEWS tomorrow (09 February, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (09 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 09 February 2024
Grasim Industries was amongst the top gainers, currently trading at 2168.50 in NSE with 1.449 times change in volumes and 5.405% change in price. Other gainers included Idea Cellular with 4.73% price change and 1.794 times volumes, Yes Bank with 4.667% price change and 0.771 times volumes, Bank Baroda with 4.109% price change and 1.373 times volumes, and Oracle Financial with 4.045% price change and 1.066 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.
Power Finance was amongst the top losers, currently trading at 428.85 in NSE with 3.827 times change in volumes and -8.473% change in price. Other losers included Rail Vikas with -7.969% price change and 3.825 times volumes, Inox Wind with -7.261% price change and 0.702 times volumes, One 97 with -6% price change and 0.702 times volumes, and Rural Electrification with -5.384% price change and 1.829 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.
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
JK Lakshmi Cement Q3 results: Profit jumps 69% to Rs 124 crore on demand. The company, the construction materials arm of JK Group, said net profit after tax rose to Rs 124 crore (around mn) for the quarter ended Dec 31, from Rs 73.59 crore a year earlier
Balrampur Chini Q3 results: Net profit nearly doubles to Rs 91 crore. Leading sugar producer Balrampur Chini Mills Limited (BCML), on Thursday reported a 97 per cent jump in consolidated net profit to Rs 91.32 crore in the third quarter ended December 2023 on the back of better margins, against Rs 46.28 crore profit register
British American Tobacco 'actively' looking to monetise ITC stake. We want to keep a level of influence in ITC, says BAT chief
Honeywell Automation Q3 results: Profit jumps to Rs 128 cr on govt spending. Profit at the Indian arm of U.S.conglomerate Honeywell International was Rs 128 crore (.4 million) for the three months ended Dec. 31, compared with 1.06 billion rupees a year earlier
United Breweries Q3 results: Profit at Rs 84.85 crore, revenue up 12.3%. The Kingfisher beer maker reported a standalone profit of Rs 84.85 crore (nearly million) for the quarter ended Dec. 31, compared with a loss of Rs 2.1 crore a year earlier
TCS to enhance Enento Group's IT infrastructure, digital workplace. As a part of the partnership, TCS will help Enento simplify its operating model and harmonise its technology stack by leveraging TCS' technology solutions
Nestle investing Rs 6,000-6,500 cr to expand manufacturing in India: CMD. FMCG major Nestle is expanding its manufacturing footprints and operations in India, for which it will end up investing Rs 6,000 to 6,500 crore between 2020-2025, to meet the growing demand, its India Chairman and Managing Director Suresh Narayanan said on
Torrent Power Q3 results: Net profit declines by 46% to Rs 374 crore. Torrent Power on Thursday reported a 46 per cent dip in its consolidated net profit to Rs 374 crore in the December quarter compared to the year-ago period mainly due to lower revenues. The company reported a net profit of Rs 695 crore in the third quarter
HCC Q3 results: Profit at Rs 233 crore, expenses fall to Rs 1,412 cr. Hindustan Construction Company (HCC) on Thursday reported a consolidated profit of Rs 233.22 crore in the December quarter. The company had clocked a net loss of Rs 283.72 crore in the year-ago period, the company said in a BSE filing. Its total income in
Bombay Dyeing Q3 results: Profit at Rs 3,054 crore on gain from land sale. The Mumbai-based company's primary revenue-generating segment, polyester, which accounted for about 95% of its revenue, fell by 11%
Patanjali Foods Q3FY24 results: Net profit declines 19.55% to Rs 216.54 cr. However, the company's net sales saw a rise of 0.2 per cent to Rs 7,910.70 crore from Rs 7,926.64 in the year-ago period
Regulatory action on Paytm Payments Bank, not app, clarifies RBI. The RBI said it would next week come out with a list of frequently asked questions (FAQs) on the Paytm Payments Bank issue
Volume may better for India biz from July: Unilever CEO Hein Schumacher. Hein Schumacher, chief executive officer of Unilever, informed investors after its earnings report that they expect the volume growth for HUL to be in a similar range as witnessed in Oct-Dec qtr
LIC Q3FY24 results: Net profit rises 49.1% to Rs 9,444.42 crore. During the July-September quarter of FY24, the insurer had reported a net profit of Rs 7925.015 crore
Ramco Cements Q3 results: Profit rises 39% to Rs 93.38 cr, misses view. Heavy rainfall in Tamil Nadu state due to cyclone Michaung and Telangana state polls hindered demand in southern India, from where it derived 75% of its sales volumes in the last quarter
Elections, infrastructure push to boost consumption: Nestle India CMD. Narayan said consumer market sees polarities of booming premiumisation and tepid demand for mainstream products
Grasim Industries Q3 results: Net profit rises 48% to Rs 1,514 crore. On a standalone basis, the net profit for the quarter was Rs 236 crore in the December 2023 quarter as compared to Rs 257 crore reported in December 2022
Focusing on competitive growth in India, expects price cut, says Unilever. Multinational FMCG firm Unilever is focusing on driving competitive volume growth in the Indian market and expects a price reduction in its products "if current commodity prices persist". In the December quarter, its India business HUL grew to mid-single d
AM/NS India Q3 results: Ebitda up 208% at 9 mn on higher steel shipments. AM/NS India achieved a record crude steel production in December 2023, reaching an 8.1 million tonne (mt) run rate, close to the 8.6 mt capacity debottlenecking target
Aster DM Healthcare Q3 results: Profit rises 28.6% to Rs 179 crore. Consolidated net profit for the third quarter rose 28.6% to Rs 179 cr (.6 million), the company said on Thursday
Biocon Q3FY24 results: Net profit at Rs 660 crore, revenue up 50%. Biocon's overall growth was boosted by the conclusion of the transition of the acquired business by Biocon Biologics and pre-payment of 0 million towards the acquisition-related debt reduction
Suryoday Small Finance Bank Q3 results: Profit rises 3-fold to Rs 57 cr. Suryoday Small Finance Bank on Thursday reported an over three-fold jump in net profit to Rs 57 crore in the third quarter ended December 2023, aided by higher core income and reduction in bad loans. The bank had earned a net profit of Rs 18 crore in the s
Global Health Q3 results: Profit up 52% at Rs 123 cr, revenue at Rs 833 cr. Global Health, which operates hospitals under the Medanta brand, on Thursday reported a 52 per cent increase in consolidated net profit at Rs 123 crore for the third quarter ended December 2023 on the back of increased in-patient volume and improved realis
Surya Roshni Q3 results: Net profit at Rs 90 crore; revenue falls 4%. Lighting products and pipe maker Surya Roshni Ltd on Thursday reported a muted growth in consolidated net profit at Rs 90.10 crore in the third quarter ended December 2023 on account of slowdown of demand. It had posted a consolidated net profit of Rs 89.6
Medanta Q3 results: Profit up 53% at Rs 123.54 cr, revenue up 19.9%. Consolidated net profit fell by 1.29 per cent from Rs 125.16 crore, whereas revenue fell by 1.34 per cent from Rs 843.93 crore in Q2 FY24
Ads take Blinkit past Zomato's food delivery business growth in Q3. According to Blinkit's top management, the platform is emerging as a preferred advertising platform for both large and emerging brands in the country
Promoters of Mankind Pharma divest 1.6% stake worth Rs 1,367 crore. Mankind Pharma promoters on Thursday divested a 1.62 per cent stake in the company for Rs 1,367 crore through open market transactions. According to the block deal data available with the NSE, promoters Sheetal Arora, Puja Juneja, and Arjun Juneja offloade
A year after Hindenburg report, Adani's fortune hits 0 billion again. The Indian mogul has regained much of his wealth after a short-seller attack sent it plunging in early 2023. On Wednesday, Adani's net worth climbed .7 billion to 0.7 billion
Lenovo anticipates surge in PC demand fueled by AI, Windows 11 in H2 FY25. Lenovo is among the 27 companies eligible for IT hardware production linked incentive (PLI) scheme in India
Essar to speed up CBM plans; to raise output to 5 mmscmd in 3-4 years. Essar Oil and Gas Exploration & Production Ltd is speeding up capital expenditure plans to explore and produce unconventional hydrocarbons that will help raise gas output at its flagship block to about 5 million standard cubic meters per day from less than
Central Depository Services India to inspect Paytm Money's KYC process. Central Depository Services India (CDSL) may initiate inspection into Paytm Money's customer verification protocols following RBI's directives and regulatory actions against Paytm Payments Bank
LG Energy plans to sell batteries to more electric scooter makers in India. LG Energy's India unit dominates the supply of battery cells to domestic e-scooter makers such as Softbank Group-backed Ola Electric and domestic rival TVS
Apollo Hospitals Q3 results: Profit rises marginally to Rs 245 crore. The hospital chain operator's consolidated net profit rose 59% to Rs 245 crore (.5 million) in the three months ended Dec. 31, beating analysts' average estimate of Rs 240 crore, as per LSEG data
Zomato Q3 results: Profit soars to Rs 138 cr on higher demand, beats view. It reported a consolidated net profit of Rs 138 crore (.6 million) for the third quarter ended Dec. 31, beating analysts' estimate of rs Rs 90.98 crore, as per LSEG data
Health tech startup Neodocs raises Rs 16.6 cr in seed funding round. Company that makes smartphone-based medical test kits will use the financing to expand business
Thermax Q3 results: Profit jumps nearly 88% to Rs 237 cr on high revenues. Thermax on Thursday posted nearly 88 per cent jump in consolidated net profit to Rs 237.06 crore in the December quarter, mainly on the back of higher revenues. Its consolidated net profit was Rs 126.40 crore in the year-ago period, a BSE filing showed. To
3M India Q3 result: Profit up 8% at Rs 135 cr, smallest rise in 9 quarters. Consolidated profit after tax came increased more than 8% from a year earlier to 1.35 billion rupees (about million) in the third quarter ended Dec 31
BEML Q3 results: Profit up marginally at Rs 66.85 cr on higher expenses. The state-owned company reported a consolidated profit before tax of Rs 66.85 crore (.1 million) in the quarter ended Dec. 31, up nearly 1% year-on-year
RBI clampdown on Paytm Payments Bank followed persistent non-compliance. "When such constructive engagement does not work or when the regulated entity doesn't take effective action, we go for imposing supervisory or business restrictions," Guv Das said
Alstom starts production of driverless trainsets for Chennai Metro Phase II. Smart mobility company has to deliver 36 trainsets, each comprising three cars
British American Tobacco signals ITC stake disposal, shares soar 7%. The maker of Dunhill and Lucky Strike cigarettes disappointed investors when it opted against a fresh buyback programme last year to focus on reducing debt and investing in new products
ONDC merchants expected to multiply in coming year: MD & CEO Koshy. The government-promoted Open Network for Digital Commerce has around 3 lakh merchants and the count is expected to multiply in the coming year, ONDC MD & CEO Thampy Koshy said on Thursday. "We started with 600 merchants on-board in January last year. At pr
Zomato leases its largest warehousing space in the country in Bengaluru. The warehousing space spans 300,000 square feet and is located at Bengaluru's Hoskote
Central Bank, JC Flowers ARC join race to bid for Future Enterprises. Bidders interested in two insurance joint ventures
Petronet plans to begin supplying LNG to Sri Lanka in 2025 for five years. Petronet will ship 850 metric tons of gas daily to the island nation in 50 containers of 17 tons each, CEO Akshay Kumar Singh said during the India Energy Week event in Goa
Power Finance Corporation Q3 result: Net profit rises 20% to Rs 6,294 crore. State-owned Power Finance Corporation on Thursday said it has posted an over 20 per cent rise in its consolidated net profit to Rs 6,294.44 crore in the December quarter, on the back of higher revenues. The company's consolidated net profit was Rs 5,241.10
Sumadhura Group leases warehousing space to Zomato in Bengaluru. Sumadhura Logistics Park marks the company's entry into the ever-expanding logistics sector, catering to the growing demand for top-notch warehousing solutions in Bengaluru and surrounding areas
Apollo Hospitals Q3 results: Net profit rises 60% to Rs 245.3 crore. The company's revenue from operations was seen up by 14 per cent in FY24 to Rs 4850.6 crore, compared to Rs 4,263.6 crore during the third quarter of 2022-23
Zee's IL T20 gets 46% women viewers, 2nd most watched franchise tournament. With a reach of 161 million views, a staggering 46 per cent of which being women viewers, Zee Entertainment has announced that the DP World ILT20 league continues to be the world's second most watched franchise-based cricket competition. The tournament gar
Relationship with Virat Kohli long-standing, continues: Puma India MD. German sports brand Puma on Wednesday affirmed its association with India's star batter Virat Kohli. Rejecting the reports that Kohli is considering ending its 8-year-old deal as its brand ambassador, Puma India Managing Director Karthik Balagopalan said t
Paytm shares rise amid news reports of CEO meeting FM, RBI officials. Paytm's stock price ended the session at Rs 496.7 on Wednesday. Still, since January 31 - when the RBI ordered its payments bank division to stop accepting fresh deposits from March
Nestle India results: Net rises 4.4% in Dec qtr stirred by Nescafe success. Strong demand for Nescafe classic and Nescafe sunrise drives double-digit growth of beverage portfolio
HDFC Bank raises 0 million through maiden sustainable finance bonds. Largest private sector lender HDFC Bank on Wednesday said it has raised USD 300 million in its maiden sustainable finance bond issue. The money raised is part of the USD 750 million bond-raise which was announced on Tuesday, a statement said, adding that t
BBT aims for Rs 600 cr topline, with one-third revenue coming from K'taka. Pre-owned luxury car seller Big Boy Toyz on Wednesday said it aims a topline of Rs 600 crore in the coming financial year, with one-third of this revenue coming from Karnataka. The company also announced the opening of its first dealership in Bengaluru and
Redington Q3 results: Profit rises to Rs 153 cr, income at Rs 111 cr. Information technology solutions provider Redington Ltd has reported a standalone net profit of Rs 153.58 crore for the October-December 2023 quarter, the company said on Wednesday. The company had registered standalone net profits at Rs 141.38 crore durin
JB Pharma CEO attributes 3.5% of company's growth to new introductions. "We are growing at 16 per cent, compared to the Indian Pharma Market (IPM) growth of 8 per cent, and a 12 per cent growth of the market which we cover," Chopra said
Sobha Q3 results: Profit declines more than 50% to Rs 15.08 crore. Consolidated net profit for the Bengaluru-based company was Rs 15.08 crore (.8 million) in the quarter ended Dec 31, compared with Rs 31.81 crore a year earlier
Tata Steel completes amalgamation of five businesses, TRF merger called off. TRF mentioned in its regulatory filing that an application to withdraw the scheme of amalgamation has been filed with the National Company Law Tribunal (NCLT), Kolkata Bench
It is for RBI to deal with Paytm issue, says Financial Services Secy Joshi. Financial Services Secretary Vivek Joshi on Wednesday said it is for the Reserve Bank to deal with the Paytm issue and the government has nothing to do with the matter for now. He also said that Paytm Payments Bank Ltd (PPBL) is a small financial entity an
Apollo Tyres Q3 results: Profit surges 70% to Rs 736 crore, revenue up 2.7%. Consolidated pre-tax profit before exceptional items was Rs 736 crore (around mn) in the quarter ended Dec 31, compared with Rs 424 crore a year earlier
SoftBank-backed Meesho unveils Valmo to enable low-cost deliveries. Valmo would partner with fulfilment centres across the country. This way, it aims to create a national logistics solution by eliminating entry barriers for local players
LG enters self-laundry service in India, to invest million in 2024. Leading home appliances maker LG Electronics India on Wednesday announced its entry into the self-laundry services space, where it is planning to invest USD 4 million (around Rs 33.2 crore). The company has announced a new business venture -- innovative se
Metafin secures million equity to catalyse solar adoption in rural India. Metafin, a cleantech-focused NBFC, on Wednesday said it has raised USD 5 million in equity funding, led by Prime Venture Partners and Varanium Capital. Metafin, which specialises in rooftop solar loans for semi-urban and rural MSMEs, provides financing and
ONGC inks JV pact with NTPC to set up offshore wind energy projects. India's top oil producer ONGC and the nation's biggest power firm NTPC on Wednesday signed a joint venture agreement to set up offshore wind energy projects as the two firms look to boost collaboration in renewable energy. The pact was signed during India
JK Paper Q3 results: Net profit falls 29% to Rs 236 cr on raw material cost. JK Paper Ltd on Thursday reported a 29.13 per cent decline in its consolidated net profit to Rs 236.36 crore for the third quarter ended December 2023, impacted by the rise in raw material cost and weak demand scenario. The company had posted a net profit
Trent Q3 results: PAT jumps 124% to Rs 374 cr on lifestyle segment growth. "The growing scale of our operations distinctly enables us to realise greater operating synergies," said Trent Chairman Noel N Tata
Artisan Partners divests 1.2% stake in Indus Towers for Rs 717 crore. Asset management company Artisan Partners on Wednesday divested a 1.2 per cent stake in telecom infrastructure major Indus Towers for Rs 717 crore through an open market transaction. The US-based Artisan Partners through its affiliate Artisan International
Skye Air enters into partnership with SMILe to deliver shipments via drones. Logistics solution provider Skye Air on Wednesday said it has entered into a partnership with e-commerce enablement platform SMILe (Shree Maruti Integrated Logistics) for delivery of shipments via drones. The partnership is enable faster order fulfilment i
Varroc Engineering Q3 results: PAT at Rs 384 cr, revenue rises 9.4%. Auto parts supplier Varroc Engineering on Wednesday reported a consolidated Profit After Tax (PAT) of Rs 383.9 crore in the December quarter, primarily driven by a tax benefit of Rs 313.1 crore. The company had reported a consolidated PAT of Rs 21.8 crore
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