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NSE share market NEWS tomorrow (05 February, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (05 February, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 05 February 2024

Jio Fin was amongst the top gainers, currently trading at 289.10 in NSE with 6.983 times change in volumes and 13.909% change in price. Other gainers included Abb Power with 7.739% price change and 4.832 times volumes, Phoenix Mills with 7.114% price change and 1.09 times volumes, Indian Oil with 6.783% price change and 1.067 times volumes, and Life Insura with 5.648% price change and 3.797 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.

Upl was amongst the top losers, currently trading at 474.00 in NSE with 5.467 times change in volumes and -11.178% change in price. Other losers included One 97 with -9.996% price change and 0.838 times volumes, Bank India with -8.545% price change and 1.678 times volumes, Shree Cements with -5.269% price change and 1.112 times volumes, and Bond 8 with -4.972% price change and 1.117 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.

Vanguard slashes Ola's valuation by another 29% to .88 billion. Last year in February, Vanguard marked down the valuation of ANI Technologies by about 34 per cent to .8 billion from .3 billion

Vanguard cuts valuation of Ola Cabs by about 30% at about .88 billion. Ola Cabs was co-founded by Bhavish Aggarwal in 2010 and found immediate backing from marquee investors such as Softbank and Tiger Global, besides Vanguard

GE T&D Q3 results: Net profit jumps 49% to Rs 49.4 cr, revenue up 8%. GE T&D India on Monday posted a steep rise in net profit to Rs 49.4 crore in the December quarter mainly on the back of higher revenues. The company posted an 8 per cent rise in revenue to Rs 840 crore in the quarter, the company said in a release. Profit

Slice announces public release of UPI first account product for everyone. / -- slice, India's leading fintech startup, announces the public release of its highly anticipated UPI first account - slice account. After a successful three-month beta testing period, primarily available to its existing customer base, slice is now exten

Can Paytm be used for recharge, UPI services post Feb 29? Company clarifies. Paytm News: The RBI, last Wednesday, ordered Paytm's affiliate Paytm Payments Bank (PPB) to wind down most of its businesses by February 29

Tata Chemicals Q3 results: Profit drops 60% to Rs 158 cr on weak demand. Soda ash, the company's largest business, suffered last year as falling caustic soda prices made it more appealing than soda ash for the silicate market, prompting it to cut prices to stay competitive

Insecticides (India) Ltd Q3 results: Net profit rises 37% to Rs 17.07 crore. Insecticides (India) Ltd on Monday posted a 37.21 per cent rise in its consolidated profit to Rs 17.07 crore in the December 2023 quarter. The company's profit stood at Rs 12.44 crore in the October-December quarter in the year-ago period, according to a r

Alembic Pharma Q3 results: Profit up 48% as raw material cost declines. This increase in PAT was attributed to tax deduction, decline in the cost of materials consumed, and improvement in Ebitda

McDonald's Oct-Dec results: Sales rise 3.4%, hit by West Asia boycotts. A banner year came to a bumpy end for McDonald's, which lost sales in many markets due to the war in Gaza. Global same-store sales or sales at restaurants open at least a year rose 3.4 per cent in the October-December period, well below the 4.7 per cent

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects. The stock rose 3.4% to 3.80 in premarket trading and looked set to add about billion to the company's market capitalization. It was valued at .63 trillion as of Friday's close

Triveni Turbine Q3 results: Net profit grows 30% to Rs 68.30 crore. Triveni Turbine on Monday posted a 30 per cent rise in consolidated net profit to Rs 68.30 crore in the December quarter, aided by higher income. It had clocked a net profit of Rs 52.60 crore in the year-ago period, the company said in an exchange filing.

BSE Q3FY24 results: Net profit more than doubles to Rs 108.2 crore. The bourse's revenue surged to Rs 431.5 crore in the third quarter of FY24 from Rs 245 crore reported a year ago

State Bank of India eyes 12-13% growth in international loan book. The lending book has three components - trade finance, External Commercial Borrowings (ECB) by Indian entities - corporates and finance companies - and local business in foreign offices

Kansai Nerolac Paints Q3 results: Net profit rises 39.6% to Rs 152 cr. Kansai Nerolac Paints Ltd on Monday reported a 39.57 per cent increase in consolidated net profit to Rs 152.09 crore for the December quarter, helped by improvement in margins. The company had posted a net profit of Rs 108.97 crore in the October-December

Bharti Airtel Q3 results: Consolidated net profit rises 54% to Rs 2,442 cr. ARPU rises to Rs 208 from Rs 203 in Q2

Ashok Leyland Q3 results: Net profit jumps 73% to Rs 608.85 crore. The company achieved a historic high commercial vehicle volume of 1,38,416 units in the first nine months of the fiscal year

Delhi High Court tells SpiceJet to pay Rs 50 crore to Kalanithi Maran. The court said the payment shall be made subject to the outcome of SpiceJet's appeal challenging the interest amount awarded by the arbitral tribunal

J&J's immune disorder drug succeeds in mid and late-stage studies. The drug, nipocalimab, significantly reduced symptoms of generalized myasthenia gravis (gMG) in a late-stage study, and in a mid-stage study helped reduce Sjogren's disease severity, J&J said

LIC announces launch of unit linked, regular premium 'Index Plus'. According to exchange filing, the product which will be available from February 6, 2024 is a unit linked, non-participating, individual life insurance plan

Fintech major Paytm denies reports on violation of foreign exchange rules. On Monday, media reports quoting sources claimed that the Enforcement Directorate (ED) was investigating if platforms run by OCL were involved in violations of FEMA

Sodexo, Adani Group partner to offer skill development programme for youth. Sodexo on Monday said it has joined hands with Adani to offer a comprehensive skill development programme for the youth in remote locations. The collaboration is aimed at skilling, training, and placement opportunities for the youth in remote locations, So

Apeejay Surrendra Park Hotels to ramp up portfolio to 4,603 keys in 5 years. The hospitality brand, which started its first hotel on Park Street in Kolkata, has about 30 hotels across 20 cities today - 7 are owned and 3 leased

Paytm working with other banks for continuity of UPI services on its app. UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the fintech firm said on Monday. Paytm UPI service falls under the Paytm Payments Bank, which wa

TVS SCS Q3 results: Company posts consolidated net profit of Rs 10 crore. The company's revenue from operations was also down by 6.4 per cent during the quarter under review to Rs 2,221.8 crore, compared to Rs 2,373.4 crore during the Q3 of FY23

LIC Housing Finance expects to report 15% improvement in FY25 loan book. The disbursements in third quarter of FY24 was at Rs 15184 crore 5 per cent lower from Rs 16100 crore in the year ago period

SAIL's IISCO steel plant may infuse Rs 20,000-24,000 cr in Bengal. Steel Authority of India Ltd (SAIL) may invest Rs 20,000-24,000 crore in setting up a four-million-tonne greenfield steel plant at its IISCO plant in West Bengal, officials said. It plans to produce high-end flat hot rolled coil (HRC), including for automo

ArcelorMittal Nippon Steel joint venture targets 20% emission cut by 2030. The report also sets out a series of strategic investments, pilots, and partnerships to accelerate the uptake of breakthrough technologies necessary to produce net zero steel in India

Adani Total Gas signs agreement with INOXCVA to strengthen LNG ecosystem. ATGL is authorised in 33 Geographical Areas and plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix

Fusion Micro Finance Q3 results: Profit rises 23% to Rs 126 crore. Fusion Micro Finance on Monday reported a 23 per cent increase in net profit to Rs 126 crore in the third quarter ended in December 2023 aided by higher interest income. The microfinance entity had earned a net profit of Rs 102 crore in the same quarter a

SBI Mutual Fund looks to garner up to Rs 4,000 cr from energy-focused NFO. The largest fund house SBI Mutual Fund on Monday said it is looking to garner Rs 3,500-4,000 crore of primary subscription from the new fund launch. SBI energy opportunities fund which is an open-ended scheme following the energy theme, will invest in an o

Strata acquires Bengaluru's iconic CCD headquarters for about Rs 150 crore. "We are thrilled to unveil the CCD Square, a grade-one commercial property that embodies our commitment to excellence and innovation," said Sudarshan Lodha, Co-founder and CEO, Strata

Snap, owner of Snapchat, plans to lay off about 10% of its global workforce. The owner of Snapchat is cutting approximately 10 per cent of its worldwide workforce, or about 530 employees, the latest tech company to announce layoffs. Snap Inc. said in a regulatory filing that it currently estimates USD 55 million to USD 75 million i

Working with 5.5 million people under CSR initiative, says HCL Foundation. HCL Foundation, the CSR wing of HCL Tech, said on Monday that it is working with 5.5 million people across 20 states through its CSR initiatives. Nidhi Pundhir, Vice President, Global CSR, HCLTech, and Director, of HCL Foundation, said, "We have contribute

upGrad commits Rs 100 crore for 100 'connect and counselling' hubs. Initial reactions have been strong, with over 500 career counselling sessions in the first 30 days. The goal is for the 100 centres to counsel over half a million individuals on their career moves

Mubadala, 2 other funds acquire 8% stake in Manipal Health Enterprises. Abu-Dhabi-based Mubadala Investment Company and two other funds have acquired a minority 8 per cent stake in Manipal Health Enterprises from Singapore's sovereign wealth fund Temasek. Mubadala Investment Company in a statement on Monday said that it is inv

LICHFL aims to double affordable housing share in loan book in 2 years. LIC Housing Finance is aiming to more than double the share of affordable housing loans in its loan book to 20-25 per cent in the next two years, a top official said on Monday. The home finance arm of the insurance behemoth has witnessed a slower loan grow

VECV, ITC partner to promote sustainable mid-mile logistics solutions. VE Commercial Vehicles on Monday said it has tied up with GMCG major ITC to promote sustainable and environment-friendly mid-mile logistics solutions. As part of the collaboration, ITC, through its vendor partners, will progressively deploy over 100 units

Anarock raises Rs 200 cr from 360 One Asset Management for biz expansion. The funding aims to enhance Anarock's technology infrastructure, accelerate its expansion, and introduce innovations to strengthen its leadership in the Indian real estate services sector

Gujarat state civic body accepts bids for maiden green bonds: Bankers. The city, situated in the Western state of Gujarat, has set a semi-annual coupon of 7.90%, and had invited bids from bankers and investors for the issue earlier in the day

Bajaj Electricals Q3 results: Net profit slumped nearly 40% to Rs 37.36 cr. Bajaj Electricals' total revenue fell 6.2% to Rs 1228 crore, marking the third consecutive quarter of decline

Snap-E Cabs raises .5 million, plans to add 300-400 EVs by FY24. Electric vehicle ride-hailing platform Snap-E Cabs on Monday said it has secured USD 2.5 million in a pre-series A round led by Inflection Point Ventures (IPV). The fresh funds will fuel talent acquisition, technology upgrades, new services and geographica

Alembic Pharma Q3 results: Profit at Rs 180 cr on strong domestic, US sales. Alembic Pharmaceuticals' revenue from operations rose 8% in the December-quarter, led by a 9% rise in its India and U.S. businesses each

Man Infraconstruction Q3 results: Net profit falls 4.5% to Rs 86.51 crore. Man Infraconstruction Ltd on Monday posted a fall of 4.5 per cent to Rs 86.51 crore in the December 2023 quarter due to lower income. It had clocked a net profit of Rs 90.60 in the October-December period of preceding 2022-23 financial year, the company sa

Thyrocare acquires Think Health Diagnostics, expands into home ECG services. With this strategic acquisition, Thyrocare will expand its footprint in the pre-policy medical check-up segment for the insurance market

EESL launches Beta version of e-commerce platform for affordable solutions. State-owned EESL on Monday announced the launch of the Beta version of its e-commerce platform that will offer affordable energy-efficient appliances and solutions to customers. The platform, eeslmart.in, lists energy-efficient appliances such as LED bulbs

Bharti Airtel Q3 results: Profit jumps 54% to Rs 2,442 cr; revenue up 5.8%. Bharti Airtel had registered a profit of Rs 1,588.2 crore in the year-ago period, the company said on Monday

CRISIL upgrades rating on Adani Power's bank loan facilities to 'AA-'. Crisil Ratings has upgraded its ratings on Adani Power's Rs 38,000 crore of bank loan facilities to 'AA-', saying the business and financial risk profile of the company has seen "strong improvement". The loan facilities were rated 'A' with a stable outlook

Deccan Gold Mines says reviewing data on critical minerals in India. Deccan Gold Mines Ltd on Monday said it is evaluating data on critical minerals, including lithium, in the country and may seek exploration licences in case of positive assessment. The government last year launched the auction of critical minerals, includi

Unity Small Finance Bank Q3 results: Net profit jumps 79% to Rs 110 crore. Unity Small Finance Bank, promoted by the Centrum Group, on Monday reported a 79 per cent increase in net income at Rs 110 crore in the December quarter, boosted by all-round good set of numbers. The bottom line was boosted by a Rs 257 crore income on the

Vodafone in 'active discussions' about Italy deal as German recovery slows. The British group rejected a merger offer from rival Iliad in Italy last month in favour of pursuing other options

Nerolac Q3 results: Profit rises over 40% to Rs 154 crore, revenue up 5%. The company, owned by Japan's Kansai Paint Co, said consolidated net profit rose 40% year-over-year to 1.54 billion rupees (.5 million) in the third quarter

ED probing Paytm, its bank unit over currency transactions: Report. The sources did not indicate what specific provisions of the Foreign Exchange Management Act (FEMA), which covers individual

Max Healthcare signs MoU with RCOG for advanced gynaecology programme. As part of the MoU, both organisations will work to promote and conduct training in obstetrics and gynaecology, assessment, and certification of training in India

BSE Q3 results: Profit doubles to Rs 108 cr, revenue up 76% at Rs 431 cr. Leading stock exchange BSE Ltd on Monday said its net profit doubled to Rs 108.2 crore in December quarter. In comparison, the exchange had posted a net profit of Rs 51.6 crore in the year-ago period, BSE said in a statement. The bourse achieved its highes

Incumbent FMCG brands continue to corner 65% market share in India. Dominance of general trade, low penetration of e-commerce helping large brands in India, says report

Can go to NCLT to enforce Sony merger deal after SIAC rejects petition: Zee. Sony scrapped the merger on Jan. 22, ending a deal that could have created one of India's biggest TV broadcasters, claiming breaches of contract

Paytm's CEO says there would be no layoffs, working with RBI: Report. Paytm's CEO Vijay Shekhar Sharma assured the employees that they will figure everything out soon

Fuel retailers post Rs 69K cr profit in Apr-Dec, higher than pre-oil crisis. State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profit totalling over Rs 69,000 crore in the first nine months of the current fiscal which far exceeded their annual

L&T bags 'large' contract for hydrocarbon biz from IndianOil Adani Ventures. The scope of work includes engineering, procurement, construction, and commissioning of offsite tankages, bullets and other associated facilities on lump sum turnkey basis

South Korean court acquits Samsung chief Lee Jae-yong of financial crimes. A South Korean court acquitted Samsung Electronics Chairman Lee Jae-yong who was accused of stock price manipulation and accounting fraud in relation to a contentious merger between two Samsung affiliates in 2015 that tightened his grip over South Korea's

TRSL Q3 result: PAT rises 91.3% to Rs 75 cr, revenue reaches Rs 954 cr. Titagarh Rail Systems Ltd (TRSL) on Monday said its profit after tax in December quarter rose 91.3 per cent to Rs 75.03 crore. The company had posted a PAT of Rs 39.22 crore in the year-ago period, TRSL said in a filing to BSE. Net revenues during the thir

Waaree Renewable Technologies bags solar project worth Rs 547 crore. Waaree Renewable Technologies on Monday said it has bagged a order worth Rs 547.5 crore for 412 MWp solar energy project. The company's unexecuted order book now stands at 1.161GW, according to a BSE filing. The Waaree Renewable Technologies has received

Varun Beverages Q4 result: Profits surge 77%, revenue at Rs 2,731 cr. Consolidated net profit rose to Rs 132 cr (.9 million) for the fourth quarter ended Dec. 31, compared with Rs 74.75 crore rupees in the year-ago period

Jio Financial Services, HDFC Bank frontrunners to buy Paytm's wallets biz. Paytm has been in talks with JFSL since November last year and it reached out to HDFC Bank just before the RBI barred its Payments Bank from accepting more deposits from February 29

I-T Dept issues final notice to Shree Cement over Rs 4,000 cr tax liability. The Income Tax Department has claimed a demand of Rs 4,000 crore against cement manufacturer Shree Cement for tax evasion

At 100, co-op infra major ULCCS set to expand footprint beyond Kerala. Having grown from humble beginnings into a major infrastructure builder, Kerala-based Uralungal Labour Contract Cooperative Society (ULCCS) has plans to extend its footprint in its centenary year, based on the foundational vision of sustainable and inclusi

Energy boost: ONGC, IOC, other oil PSUs to invest Rs 1.2 trn in FY25. ONGC, IOC and other oil PSUs will invest about Rs 1.2 lakh crore in the coming fiscal starting April 1 in oil and gas exploration, refineries, petrochemicals and laying pipelines to meet the needs of the world's fastest-growing energy consuming nation. The

Cipla eyes acquisitions, inorganic partnerships in US, European markets. Drug major Cipla is eyeing acquisitions and inorganic partnerships in the US market while consolidating its presence across segments in the domestic market. The Mumbai-based company is also looking to improve the top line in Europe and margin expansion in

Force Motors plans to invest around Rs 2,000 cr in 3-4 years: MD Firodia. Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company's Managing Director Prasan Firodia. The company, wh

After Ayodhya, SpiceJet plans to connect more tourist, religious places. After Ayodhya, SpiceJet plans to expand its business over the next two years and increase connectivity between various tourist and religious destinations including Lakshadweep, the airline's chief Ajay Singh said. The domestic carrier has also plans to ope

Wage hike provisions to reach Rs 26,000 cr by March: State Bank of India. State Bank of India, which saw a sharp 35 per cent fall in its December quarter net profit due to a one-time expenditure towards increased salaries and pensions, said the burden will jump to around Rs 26,000 crore by March this year. The country's largest

IBBI allows same RP for company and personal guarantor insolvency. The modifications to the IBBI - Bankruptcy Process for Personal Guarantors to Corporate Debtors, Regulations 2019, took effect from January 31

Paramount Cables Q3 results: Net profit climbs 54% to Rs 22 crore. Wires manufacturer Paramount Cables has reported a 54 per cent rise in its consolidated net profit at Rs 22.03 crore in the December quarter of the current fiscal, boosted by higher income. It had posted a net profit of Rs 14.32 crore during the October-De

BoM records highest growth in deposit mobilisation among PSU banks in Q3. Bank of Maharashtra (BoM) has recorded the highest growth rate in terms of deposit mobilisation among public sector lenders at a time when most lenders are facing difficulty in achieving double-digit growth. Out of 12 public sector banks, only BoM and Stat

Ikea looks at investment in India after fulfilling Rs 10,500-cr promise. Swedish furniture retailer IKEA is looking at the next round of investment in India after exhausting its commitment of Rs 10,500 crore when it entered the country 10 years back, according to the company's India CEO Susanne Pulverer. The company, which kick

SIAC cites lack of jurisdiction, rejects Sony's plea against Zee Ent. The Singapore arbitration panel cites lack of jurisdiction for rejection

Taiwan's Foxconn sees 'slightly better' 2024, warns on AI chip shortage. Foxconn Chairman said Demand for artificial intelligence (AI) servers will "of course" be good, but global economic uncertainty given geopolitical problems will affect consumer product demand

Brookfield-backed India Infra InvIT to raise Rs 6,452 crore via debentures. The infrastructure investment trust is in the process of issuing NCDs, and the proceeds will be used entirely to refinance debt maturing at the Special Purpose Vehicle (SPV) level

CAIT advises traders to switch from Paytm to other payment options. Traders' body CAIT on Sunday issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations. "The Reserve Bank of India has imposed certain res

Vijay Shekhar Sharma: From architect of fintech powerhouse to controversies. Vijay Shekhar Sharma, one of the most recognised faces of India's fintech industry, has seen a fair share of controversies. Sharma launched Paytm - an acronym for 'pay through mobile' - offering mobile recharges. He launched wallet services in 2011 but the

Uber, Ola will have to fall in line as Karnataka govt fixes fare for taxis. City taxis and those operating through app-based aggregators like Uber and Ola will now have to follow the new fare structure announced by the Karnataka Transport Department. With this new order released by the department on Saturday, fares for app-based c

Delhi HC dismisses plea seeking probe into Indiabulls Housing Finance. The court stated that the balance sheets or other material placed on record are already available on the website of these companies and are thus already in the public domain

CBI charge sheets former Air India CMD in software purchase irregularities. The CBI has filed a charge sheet against the then CMD of Air India, German firm SAP AG and IBM in connection with alleged irregularities in procurement of software worth Rs 225 crore by the national carrier in 2011, officials said on Sunday. The CBI has re

Byju's pays Jan salaries; Raveendran says moving mountains to make payroll. "To be clear, this fight is only against a few vested interests who were trying to sabotage the company by impeding the rights issue," CEO Raveendran said in a letter addressed to the employees

Mukesh Ambani top placed Indian, No.2 globally in Brand Guardianship Index. Billionaire Mukesh Ambani has been ranked first among all Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance. The chairman and managing director of Reliance Industries Ltd overtakes the likes of Microsoft's Satya Nad

Tata Steel proposes additional support package for Port Talbot workers: CFO. Tata Steel UK will be closing its first blast furnace by mid-this year while the second furnace is planned to be shut down in the second half of 2024, he said

Fintech major Paytm denies any ED investigation into money laundering. Meanwhile, the company has cautioned against speculation on reasons that prompted the Reserve Bank of India (RBI) to take action against Paytm Payments Bank

No ED investigation against company or CEO for money laundering: Paytm. The Enforcement Directorate is neither investigating One97 Communications, owner of Paytm brand, nor its Founder and CEO Vijay Shekhar Sharma for money laundering, the company said on Sunday. The ED had visited premises of the company and some other fintec

Apple's China slump deepens even as total iPhone sales grow again. Sales in China dropped 13 per cent to .8 billion in the fiscal first quarter, which ended December 30, the company said on Thursday. That fell far short of the .5 billion predicted by analysts

LIC Housing Finance Q3 profits more than doubles, hits Rs 1,163 crore. Mortgage lender LIC Housing Finance on Friday reported a more than two-fold jump in profit at Rs 1,163 crore in the third quarter ended December 2023. The housing finance subsidiary of LIC had earned a net profit of Rs 480 crore in the same quarter a year

Zuckerberg's wealth surges by bn as Meta rallies, surpasses Bill Gates'. It's a big comeback for Zuckerberg's wealth, which fell below billion in late 2022 as tech stocks collapsed in the face of inflation and interest rate hikes, only to come soaring back in 2023

Auto-component maker Sundram Fasteners' Q3 net profits at Rs 116.19 cr. Auto-component maker Sundram Fasteners Ltd has reported a standalone net profit of Rs 116.19 crore, for the October-December 2023 quarter, the company said. The company had registered a standalone net profit of Rs 106.13 crore, during the corresponding qua

State Bank of India Q3 result: Net profit declines 35%, misses forecast. Net profit fell to 9,164 crore rupees (.1 billion) in its fiscal third quarter from Rs 14,205 crore in the same period a year earlier, SBI reported in a stock exchange filing

ED to probe Paytm Payments Bank if charges of fund siphoning found. The (RBI) on Wednesday ordered the payments bank unit of One 97 Communications, popularly known as Paytm, to stop accepting fresh deposits in its accounts or popular wallets from March

State Bank of India Q3 result: Net profit declines 35% on pension provision. One-time pension revision, dearness allowance relief hits profits; open to help Paytm merchants to avoid disruptions

Ashok Leyland hands over keys of Boss Electric truck to Billion E-Mobility. Hinduja Group flagship company Ashok Leyland has commenced delivery of its intermediate and heavy duty electric trucks to its customers, the company said. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition o

CEO Vijay Shekhar Sharma strives to save Paytm amid regulatory crisis. Sharma has put up a brave face even as nervous investors plundered billion off Paytm's valuation after RBI ordered his banking arm to stop most of it operations from March 1

SRAM & MRAM forms JV with Indonesian firm to offer coal supply solutions. UK-based conglomerate SRAM & MRAM Group has formed a joint venture with Indonesian company Energi Alam BORNEO to offer coal supply solutions, according to a statement. The joint venture aims to optimize the procurement and distribution of Indonesian coal i

TVS Motor reiterates commitment to invest Rs 5,000 crore on future tech. TVS Motor Company on Saturday reiterated its commitment to invest Rs 5,000 crore towards design, development, and deployment of future technologies across products. "Our core is engineering and R&D, and this is driven by over 2,000 engineers backed by soli

Reliance Power Q3 results: Net loss rises to Rs 1,136.7 cr on high expenses. Reliance Power Ltd on Saturday reported widening of its consolidated net loss to Rs 1,136.75 crore during the quarter ended December 2023, due to increased expenses. It had posted a net loss of Rs 291.54 crore during the October-December period of precedin

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