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NSE share market NEWS tomorrow (29 January, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 January, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 January 2024

National Buildings was amongst the top gainers, currently trading at 127.00 in NSE with 0.554 times change in volumes and 10.724% change in price. Other gainers included Ncc with 9.1% price change and 5.657 times volumes, Oil Natural with 7.883% price change and 2.959 times volumes, Reliance Industries with 7.019% price change and 2.023 times volumes, and Amber Enterprises with 7.013% price change and 1.267 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.

Au Small was amongst the top losers, currently trading at 626.35 in NSE with 3.957 times change in volumes and -11.514% change in price. Other losers included Sbi Cards with -5.83% price change and 4.016 times volumes, Pnb Housing with -3.612% price change and 0.184 times volumes, Pg Electroplast with -3.218% price change and 15.792 times volumes, and Cipla with -2.395% price change and 1.377 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.

Restaurant Brands Asia Q3 results: Net loss narrows to Rs 36.18 crore. The company, which runs quick service chains owned by Restaurant Brands International, said prices of ingredients including chicken, cheese, tomatoes and onions rose 12.6%

Mindspace REIT Q3 results: Profit up 16% at Rs 147 cr, income at Rs 610 cr. Mindspace Business Parks REIT on Monday reported a 16 per cent increase in its consolidated net profit to Rs 146.8 crore for the latest December quarter and announced distribution of Rs 285 crore to unitholders, mainly in the form of dividends. Its net pro

Cash-strapped Byju's to raise 0 mn after taking 99% valuation cut. Equity rights issue likely at post-money valuation of 0-250 million

CSB Bank Q3 results: Profit falls 4% to Rs 150 crore; gross NPAs down 1.2%. The bank's net interest income during the third quarter of this fiscal stood at Rs 383 crore, with an increase of 9 per cent over Rs 350 crore in Q3 of FY23

Gail Q3 results: Consolidated net profit jumps 700% to Rs 3,193 cr. The latest rise was due to lower purchase of stock in trade, higher gas trading margins

ITC Q3 results: Net profit rises 10.8% to Rs 5,572 crore, beats estimates. The company's profit rose 10.8% to Rs 5,572 crore (0.3 million) in the third quarter ended Dec. 31

Vodafone Idea Q3 results: Loss narrows to Rs 6,986 cr, revenue remains flat. Telecom operator Vodafone Idea (VIL) on Monday reported narrowing of losses to Rs 6,986 crore in the third quarter of the current fiscal. The losses stood at Rs 7,990 crore a year ago, the company said in a regulatory filing. During the quarter under revie

Nippon India AMC Q3 results: Net profit rises 39% to Rs 284 crore. Compared to the second quarter, the profit is up 16 per cent, while the revenue from operations has risen 6.5 per cent

Sunteck Realty to develop two projects in Mumbai, eyes Rs 3,000 cr revenue. Sunteck Realty Ltd on Monday said it will develop two luxury housing projects in Mumbai with an estimated revenue of around Rs 3,000 crore. In a regulatory filing, the company said it is set to enter two of Mumbai's most exclusive and sought-after location

Sky Gold Q3 results: Net profit soars 41% to Rs 6 cr, income at Rs 460 cr. Jewellery firm Sky Gold Ltd has posted a 41 per cent increase in its consolidated net profit to Rs 8.93 crore for the quarter ended December 2023. Its net profit stood at Rs 6.34 crore in the year-ago period. Total income also rose to Rs 460.90 crore in th

Vedanta Aluminium adopts 2-pronged strategy to reduce carbon footprint: CEO. Vedanta Aluminium on Monday said that it is prioritising higher resource efficiencies, greater use of renewables in energy mix and converting waste into wealth as part of steps to reduce its carbon footprint. The company is forging enduring tie-ups with it

Ride-hailing app Namma Yatri begins operations in Chennai, plans expansion. With nearly 10,000 drivers already on board, Namma Yatri plans to add 100,000 drivers in the next six months, the company said

Godfrey Phillips Q3 results: Profit rises 6% to Rs 212 cr, revenue up 34%. The company reported a consolidated net profit of 2.12 billion rupees (~ mln) for the quarter ended Dec. 31, up 6.6% from last year

Aditya Birla Sun Life AMC Q3 results: Profit grows 26% to Rs 209 crore. Aditya Birla Sun Life AMC on Monday reported a 26 per cent rise in its net profit to Rs 209.34 crore in the December quarter. In comparison, the company had posted a net profit of Rs 166.3 crore in the same quarter of the preceding fiscal, the asset manage

Mahindra Logistics Q3 results: Loss at Rs 17.41 crore, expenses jump 6%. During the quarter, a 6% jump in total expenses to 14.13 billion rupees outweighed a 5% rise in revenue to 13.97 billion rupees

Bajaj Finance Q3 results: Consolidated net profit up 22% at Rs 3,639 cr. The net interest margin continues to soften gradually on account of the lagged effect of the cost of funds increase, in Q3 FY24, BFL said in a statement

PNB board approves fund raising of Rs 7,500 cr via share sale in FY25. State-owned Punjab National Bank (PNB) on Monday said the board of the bank has given green signal for raising Rs 7,500 crore through Qualified Institutions Placement (QIP)/Follow-on Public Offer (FPO) during 2024-25. The decision in this respect was taken

Adani Energy Solutions appoints Kunjal Mehta as CFO with effect from Apr 1. Adani Energy Solutions Ltd on Monday announced the appointment of Kunjal Mehta as its Chief Financial Officer with effect from April 1, 2024. The development follows the resignation of incumbent Chief Financial Officer (CFO) Rohit Soni on Monday, Adani Ene

ITC Q3 results: Consolidated net profit rises 6.6% to Rs 5,335 crore. Consolidated revenue from operations in Q3FY24 was at Rs 19,484.50 crore, up 2.44 per cent

LatentView Analytics Q3 results: PAT falls to Rs 46 cr, income at Rs 188 cr. Global digital consulting and solutions firm LatentView Analytics Ltd reported a profit after tax of Rs 46.50 crore for the October-December 2023 quarter, as announced by the company on Monday. During the corresponding quarter of the previous financial yea

Vodafone Idea Q3 results: Loss narrows 12.5%, ARPU rises to Rs 145. Average revenue per user (ARPU) for the quarter rose to Rs 145, up from Rs. 142 and Rs. 139 in the preceding two quarters respectively

Kamdhenu Q3 results: Profit falls 7% to Rs 11 cr, income falls to Rs 157 cr. TMT maker Kamdhenu Ltd on Monday posted a 7 per cent decline in its net profit to Rs 11.14 crore during the December 2023 quarter, mainly due to lower income. It had clocked a net profit of Rs 12.02 crore during the October-December period of the preceding

BLS E-Services collects Rs 126 crore from anchor investors ahead of IPO. BLS E-Services Ltd on Monday mobilised Rs 126 crore from anchor investors a day before its Initial Public Offering (IPO). The company has allotted 93.27 lakh equity shares to 10 funds at a price of Rs 135 apiece, which is also the upper end of the price ba

BPCL Q3 results: Consolidated net profit rises 82% to Rs 2,181 crore. The average gross refining margin (GRM) of BPCL for FY24 came in at .72 per barrel as against .78 a barrel in the first nine months of FY23

Jio cements market lead, adds 3.45 mn mobile subscribers in Nov: Trai data. Reliance Jio moved to a higher gear adding 34.5 lakh mobile subscribers in November, improving on its October gains, as rival Bharti Airtel garnered about 17.5 lakh new wireless users, according to TRAI data released on Monday. Vodafone Idea, however, slip

UTI AMC Q3 results: Profit jumps 3-fold to Rs 186 cr, revenue up 52%. UTI Asset Management Company (AMC) on Monday posted a three-fold jump in profit after tax to Rs 186 crore in the December quarter. The company's profit after tax (PAT) was Rs 60.43 crore in the year-ago period, UTI AMC said in a regulatory filing. Its tota

Piramal Enterprises posts Rs 2,378 crore loss on AIF provisions in Q3. Capital adequacy remains strong despite 4% AIF impact; Slows down on unsecured consumer loan book

R R Kabel Q3 results: Net profit marginally falls to Rs 70.96 crore. The company's consolidated profit fell 0.7% to 709.6 million Indian rupees (.5 million) in the quarter, according to an exchange filing

Sony scraps bn merger as Zee failed to meet financial terms: Report. India's Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of "bad faith" in calling off the merger

Air India pilots' unions flag concerns over duty timings, safety issues. Air India pilots' groupings have alleged that the airline management is "intimidating and coercing" some of their members to extend flight duty timings beyond the prescribed limits. The Indian Commercial Pilots Association (ICPA) and Indian Pilots' Guild (

Our goal is 10% increase in sales within India in 2024: realme founder. Smartphone maker realme expects to increase sales in India by 10 per cent this year as it aspires to be among top five brands globally, the company's founder and CEO Sky Li said on Monday. Li, speaking at the launch of realme 12 Pro Series 5G, said that th

NTPC Q3 results: Profit up 7% at Rs 5,208 cr, income falls to Rs 43,574 cr. State-owned power giant NTPC on Monday reported over 7 per cent rise in consolidated net profit to Rs 5,208.87 crore for the December 2023 quarter, aided by energy sales through trading. Its net profit stood at Rs 4,854.36 crore in the year-ago period, a B

Grasim Industries Rs 4,000 crore rights issue over subscribed two-fold. Grasim Industries said its Rs 4,000 crore rights issue has been subscribed nearly two-fold on the final day of subscription on Monday. The company has received a cumulative bid for nearly 4.34 crore shares as against 2.21 crore shares offered by the Aditya

Nuvoco Vistas Q3 results: Profit stands at Rs 31 cr, revenue at Rs 2,421 cr. Nuvoco Vistas Corp, the building materials division of the Nirma Group, on Monday, reported a net profit of Rs 31 crore in the December quarter against a net loss of Rs 75.3 crore in the year-ago period. The turnaround came on a revenue of Rs 2,421 crore a

Promoter family to increase stake in Zee to 26% eventually: Subhash Chandra. Chandra also said that as a promoter, he was "seriously considering" filing a criminal case against Sony

Adani Green completes funding of reserves for 0 million Holdco Bond. Adani Green had announced the redemption plan for the 0 million bonds earlier this month

Zerodha users face service disruption for third time in 3 months. Zerodha users encounter difficulties with account access and order placement, highlighting ongoing glitches; the company says that the problem has been resolved

Adani Green Q3 result: Net profit more than doubles to Rs 256 crore. Adani Green Q3FY24 results: The company's revenue from operations rose 17 per cent to Rs 2,311 crore in the quarter

Switzerland-based responsAbility to invest up to million in BluSmart. The announcement said that the investment will help BluSmart expand its EV charging infrastructure across the country

Polaris Smart Metering gets Rs 5,200 crore smart meter project in UP. Polaris Smart Metering on Monday said it has secured two smart meter projects totalling Rs 5,200 crore in Uttar Pradesh. "Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) has awarded the contracts for installing over 5.1 million smart meters in the importan

Inox Wind 3 MW WTGs make entry in MNRE's list of approved turbines. The government has included 3 megawatt (MW) wind turbine generators of wind energy solutions provider Inox Wind in its revised list of models and manufacturers, the company said in a statement. The Revised List of Models & Manufacturers (RLMM) of the Minis

Murugappa Group's finance firm Chola expects AUM growth of 20-25% in FY25. Company expects healthy growth in its key business of vehicle loans and new initiatives in lending to consumer and small enterprises

Shriram Finance sees assets under management growth slowing to 15% in FY25. "For this year, we may end up at an AUM growth of around 20% because the first three quarters have been good," Umesh Revankar said

Adani Energy Solutions Q3 results: Net profit down 27% at Rs 348 crore. Adani Energy Solution (AEML) on Monday posted over 27 per cent decline in its consolidated net profit to Rs 348.25 crore in the October-December quarter compared to the year-ago period. The country's e largest private power transmission and distribution co

'Samsung plans to start making laptops at its Noida factory this year'. Korean electronics major Samsung plans to start manufacturing laptops at its Noida factory in India this year, a senior company official said on Monday. Terming India as its important manufacturing base, Samsung Electronics President and Head of Mobile eXp

Accenture to enhance Indo Count's biz operations using digital technologies. IT consulting firm Accenture is collaborating with Indo Count Industries to enhance the home textile manufacturer's business operations using digital technologies. This will help unlock efficiencies and new growth avenues, the release said but did not indi

Tata Power Renewable Energy installs 1,000 kW solar project in West Bengal. Tata Power Renewable Energy Ltd (TPREL) on Monday said it has commissioned a 1,000-kilowatt bifacial solar system project in West Bengal. Bifacial solar system comprises solar panel which captures sunlight from both surfaces and produces power from two sid

BPCL Q3 results: Net profit jumps 82% on higher refining, sales margins. State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday reported an 82 per cent jump in its December quarter net profit on the back of higher-than-expected refining margins and a rise in margins on fuel sales. Its consolidated net profit of Rs 3,181.

Gail Q3 results: Net profit up 10-fold at Rs 2,843 cr, revenue remains flat. State-owned gas utility GAIL (India) Ltd on Monday reported a 10-fold jump in its third quarter net profit as all engines of its business -- from gas transportation to marketing and petrochemicals -- fired on all cylinders. Standalone net profit of the the

Byju's to raise 0 million via rights issue from existing investors. Byju Raveendran said that Byju's is now less than a quarter away from achieving operational profitability

Amara Raja chief Galla takes break from politics to focus on business. Galla is one of the richest MPs with a declared asset of around Rs 683 crore. Amara Raja is moving from being a battery manufacturer to a comprehensive provider of energy and mobility solutions

Piramal Enterprises Q3 results: Consolidated net loss stood at Rs 2,378 cr. During the quarter, the group made a regulatory provision of Rs 3,540 crore with regard to its investments in AIFs as per the Reserve Bank of India's (RBI) mandate

Airtel launches 14 stores in Pune, to display entire range of offerings. Bharti Airtel on Monday said it has launched 14 next-gen company-owned stores in Pune, which will be a one-stop-shop for all its offerings. In a release, the company said the stores will display the entire range of Airtel's offerings, including Xstream, Xs

Jaiprakash Power Ventures Q3 results: Net Profit at Rs 172.85 crore. Jaiprakash Power Ventures Ltd (JPVL) on Monday posted a consolidated net profit of Rs 172.85 crore in the December quarter compared to the year-ago period. The company had suffered a loss of Rs 217.97 crore in the quarter that ended on December 31, 2022, a

Bajaj Finance Q3 results: Net profit jumps 22.4% to Rs 3,639 crore. Consolidated numbers include the businesses of the lender's subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Marico Q3 results: Profit rises 17% to Rs 383 crore, beats estimate. The consumer goods manufacturer reported a net profit of Rs 383 crore (.1 million), up nearly 17% from last year, and surpassing analysts' estimate of Rs 374 crore as per LSEG data

CSB Bank Q3 results: Profit falls 4% to Rs 150 cr, NPAs declines to 1.22%. CSB Bank on Monday posted a 4 per cent decline in its profit at Rs 150 crore in the third quarter ended December 2023. The Kerala-based private sector bank had earned a net profit of Rs 156 crore in the same quarter a year ago. The total income increased t

Heritage Foods Q3 results: Profit surges 96% on strong dairy demand. Earlier this month, analysts at HDFC Securities said the demand for organised dairy products in India is going up due to rising income and a preference for healthier options

Olectra Greentech Q3 results: Net profit rises 77% to Rs 27.11 cr. Electric vehicles maker Olectra Greentech on Monday reported a 77 per cent rise in its net profit to Rs 27.11 crore for the December 2023 quarter on the back of higher revenues. "The PAT (net profit) stands at Rs 27.11 crore (in the October-December quarte

Adani Group central to India's economic ambitions, says US-based analyst. Billionaire Gautam Adani's sprawling conglomerate is core to India's ambitions to become the world's third-largest economy by 2030, as it plays a key role across the infrastructure sector, US-based Cantor Fitzgerald & Co said in a note. Adani Enterprises L

Rolls-Royce, Azad Engineering partner to make defence aero-engine parts. Power and propulsion solutions provider Rolls-Royce on Monday said it has signed an agreement with Azad Engineering for making complex defence aero-engine components in India. Under the long-term agreement, Hyderabad-based Azad Engineering will manufacture

Delhi HC upholds validity of anti-profiteering provisions under GST. The court held that anti profiteering provisions pertain to commensurate reduction of prices when gst rates are reduced or due to input tax credit and hence these provisions are in public interest

Optimistic about overall growth prospects, good demand ahead: Pidilite MD. Rural and semi-urban markets are growing 1.5 times faster than the urban market for Pidilite Industries, helping it register a double-digit volume growth and it sees positive demand environment in the last quarter also, says its Managing Director Bharat Pu

CEAT eyes opportunity in replacement tyre market growth fuelled by PV sales. Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company Managing Director & CEO Arnab Banerjee. The company is also gearing up t

Plan to invest up to mn in 2024, launch 105HP tractor in May: CNH India. Italian-American off-road construction and agriculture firm CNH is planning to invest up to USD 50 million in the farm machinery segment in India this year and launch a 105HP tractor in May, according to a top CNH India official. CNH, which produces and se

PLI scheme for ACs game changer for industry: Panasonic Life Solutions. The Production Linked Incentive (PLI) Scheme for the air-conditioner industry is proving to be a "game changer" as within a year and a half of its launch, the ratio of domestic value addition has gone up significantly to 45 per cent from 25 per cent, a top

50 trials underway as drugmaker AstraZeneca eyes import of critical drugs. The company's import strategies aim to align with India's regulatory landscape, prioritising timely access to medicines for patients across the nation

Shriram Group to enter wealth management in FY25, awaits RBI's nod. The group plans to launch its wealth management business through Shriram Credit, a subsidiary of Shriram Capital

Grow Indigo raises mn to drive future of sustainable agriculture. Sustainable agriculture company Grow Indigo on Sunday said it has raised over USD 8 million (around Rs 67 crore) in a funding round with a cumulative capital raise of more than USD 23 million (around Rs 191 crore) to date. The round saw interest from inves

AG&P Pratham targets 53,000 new PNG connections in the next 2 months. To boost PNG adoption, AG&P Pratham has launched exclusive schemes and benefits for its new users under this drive, offering Free Gas for one month, Zero Security Deposit

Red Sea crisis: No disruption in oil flows, only freight up, says HPCL head. The ongoing attacks on shipping vessels by Houthi militants in the Red Sea have not impacted the flow of crude oil to India but freight has gone up due to rerouting via the Cape of Good Hope, Hindustan Petroleum Corporation Ltd (HPCL) chairman Pushp Kumar

Macrotech Developers to launch 11 projects with Rs 6K cr revenue potential. Looking to tap rising housing demand, realty firm Macrotech Developers will launch 11 projects in Mumbai, Pune and Bengaluru this quarter with an estimated revenue potential of Rs 6,260 crore. Mumbai-based Macrotech Developers is one of the leading real es

Jubilant Pharma to sell stake in Sofie Biosciences for 9.43 million. Jubilant Pharma had invested million in Sofie Biosciences in November 2020 and now plans to exit its investment completely

IRB Infra Trust wins Rs 1,720 cr arbitration award for highway project. Yedeshi Aurangabad Tollway Ltd (YATL), a special purpose vehicle of IRB Infrastructure Trust, has won an arbitration award of Rs 1,720 crore for a highway project, a statement said on Sunday. The YATL had initiated arbitration proceedings against the Natio

Rana Talwar: Indian trailblazer who took Citi, StanC to new heights. Talwar, the son-in-law of real estate tycoon KP Singh, chairman emeritus of DLF, also served on the board as a non-executive director

Lava, Qubo lead in customer ratings among Indian brands, says Techarc. Domestic smart electronics companies like Lava and Qubo are getting high ratings and are competing neck and neck with their global peers in terms of brand acceptance, market analysis firm Techarc said on Sunday. The firm conducted a study based on ratings

Coal India, WCL to set up green energy projects in Chhindwara: Coal secy. Coal India and its subsidiary Western Coalfields have identified four to five closed mines in the Chhindwara Pench area for setting up green projects for optimum utilisation of assets, Union Coal Secretary Amrit Lal Meena said on Sunday. Meena at the Weste

Punjab National Bank raises profit guidance to Rs 7,500 crore for FY24. With a 253 per cent jump in the net profit in the third quarter, the bottom line of the bank in the three-quarters of FY24 crossed Rs 5,230 crore

Piramal Enterprises sells 20% in Shriram Investment for Rs 1,440 crore. SOT is the promoter of Shriram Capital Private Limited, which is the overarching holding company of Shriram Group

YES Bank's Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions. India's Yes Bank said third-quarter net profit more than quadrupled, helped by a drop in loan-loss provisions and healthy growth in loans, but the result still fell short of expectations

Flipkart co-founder Binny Bansal exits board, launches new startup OppDoor. Binny Bansal has officially exited the board the Walmart-owned e-commerce firm, which he founded along with Sachin Bansal 16 years ago

Budget expectations: Income tax benefits, support to women entrepreneurs. An increase in income tax exemption limits, support to women entrepreneurs, a long-term taxation policy and steps to boost consumption and savings are among the expectations of experts from the interim budget which will be presented by Union Finance Minist

Macrotech Developers Q3 results: Net profit rises 25% to Rs 505 crore. Realty firm Macrotech Developers Ltd on Saturday reported a 25 per cent increase in its consolidated net profit to Rs 505 crore for the third quarter of this fiscal year. Its net profit stood at Rs 405 crore in the year-ago period. Total income rose to Rs

YES Bank Q3FY24 results: Net profit rises 349% to Rs 231.46 cr, NII up 2.3%. Reduced loan provisioning drives significant profit surge for lender

Macrotech Developers Q3FY24 results: Net profit up 25% at Rs 505 cr. Realty firm sees strong demand boost, with sales and income surging

Mangalam Cement Q3 results: Profit at Rs 15.9 crore, revenue up 2.4%. Mangalam Cement Ltd on Saturday reported a multi-fold jump in its net profit to Rs 15.95 crore for the quarter ended in December 2023. The company had posted a profit of Rs 0.52 crore in the October-December quarter a year ago, according to a regulatory fi

Utkarsh Small Finance Bank Q3 results: Profit jumps 24% to Rs 116 crore. Utkarsh Small Finance Bank on Saturday posted a 24 per cent increase in its profit at Rs 116 crore in the third quarter ended December 2023. The bank had earned a net profit of Rs 93.5 crore in the same quarter a year ago. Total income rose to Rs 889 crore

Bhavish Aggarwal's AI startup Krutrim turns unicorn after raising mn. The AI startup is the third venture helmed by Aggarwal to achieve a billion valuation, after mobility firm Ola and electric vehicle manufacturer Ola Electric

Tesla to recall 200,000 vehicles in US to fix rearview glitch: Report. The development comes less than two months after the company recalled nearly all its vehicles in the United States to install new safeguards in its Autopilot advanced driver-assistance system

Disney Star mulls legal action against ZEEL for backing out from deal. Disney Star is mulling legal actions against Zee Entertainment for backing out from a USD 1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble f

Tata group, Airbus team up to make helicopters; Thales' MRO on cards. India, France adopt joint defence production road map

Ola unveils e-bike service in Delhi, Hyderabad; plans 10K EVs across cities. The company plans to deploy 10,000 e-vehicles across Bengaluru, Delhi and Hyderabad over 2 months

H&M to shut a quarter of Spanish stores and lay off 588 employees. The company will carry out the layoffs for unspecified organizational, productive and economic reasons, unions CCOO and UGT said in a joint statement

Foxconn India journey gets a leg-up as CEO Young Liu gets Padma Bhushan. At present, the company reportedly has an estimated 15 subsidiaries in India

Adani to start data collection for Mumbai slum redevelopment in February. The survey will be done in two parts with a pilot phase first executed within three to four weeks with a few hundred residents. The full exercise will take nine months

Air India operating 41% more flights since Tata takeover, shows data. The emphasis on international expansion for Air India is driven by higher demand and more lucrative opportunities in that segment

Fund raising plan: SpiceJet receives first tranche of Rs 744 crore. SpiceJet, which has been facing multiple headwinds, on Friday said it has received Rs 744 crore as the first tranche of funds being raised through allotment of securities on a preferential basis. On December 12, the airline had said it would raise fresh ca

Four companies get Sebi's approval to raise funds by launching IPOs. Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) have received markets regulator Sebi's approval to raise funds through initial public offerings. However, the Securities and Exchange Board of India has returned the IPO

Equitas Small Finance Bank Q3 results: Net profit jumps 18% to Rs 202 cr. Chennai-based Equitas Small Finance Bank on Thursday reported a healthy set of numbers with net income rising over 18 per cent to Rs 202 crore in the three months ended December 2023, helped by better asset quality. It had a net profit of Rs 170 crore in t

Reliance Jio, OnePlus join hands to set up 5G innovaion lab in India. Telecom major Reliance Jio and Chinese smartphone company OnePlus have joined hands to set up a 5G innovation lab in India. "The alliance between OnePlus and Jio aims to provide OnePlus and Jio True 5G users differentiated features and an unparalleled netw

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