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

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

Bond 8 was amongst the top gainers, currently trading at 141.85 in NSE with 1.099 times change in volumes and 9.032% change in price. Other gainers included Pnb Housing with 6.372% price change and 28.26 times volumes, One 97 with 4.642% price change and 1.935 times volumes, Life Insura with 4.416% price change and 2.814 times volumes, and Indian Oil with 4.323% price change and 2.381 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.

Angel One was amongst the top losers, currently trading at 3329.90 in NSE with 6.449 times change in volumes and -14.083% change in price. Other losers included Jio Fin with -6.71% price change and 1.027 times volumes, Idea Cellular with -4.545% price change and 1.841 times volumes, Kalyan Jewellers with -4.379% price change and 0.988 times volumes, and Nuvama Wealth with -4.329% price change and 0.996 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.

Bank of Maharashtra Q3 results: Profit jumps 34% to Rs 1,036 crore. State-owned Bank of Maharashtra (BoM) on Tuesday posted a 34 per cent rise in net profit to Rs 1,036 crore in the third quarter ended December 2023 due to improvement in interest income and a decline in bad loans. The Pune-based lender had posted a net pro

Hathway Cable & Datacom Q3 results: Profit declines 22% to Rs 22.35 crore. Cable television distribution company Hathway Cable & Datacom Ltd on Tuesday reported a 22.31 per cent decline in consolidated net profit to Rs 22.35 crore for the third quarter of 2023-24. The company had posted a net profit of Rs 28.77 crore in the Octob

Paytm Bank: FASTag payments now available at Chennai airport parking. Digital payment brand Paytm, owned by One97 Communications, has launched FASTag payments for customers opting to park their vehicles at the Chennai International Airport. Paytm Payments Bank Ltd has partnered with Olympia Group to offer the service to cust

Federal Bank Q3 net up 25% at Rs 1,007 cr, to propose names for next CEO. Thrissur-based lender's asset quality slips, expects to recover slippages

ICICI Securities Q3 results: Net profit jumps 66% to Rs 466 crore. Brokerage house ICICI Securities on Tuesday reported a 66 per cent year-on-year jump in Profit After Tax (PAT) to Rs 465.7 crore in three months ended December 2023. In comparison, the company had posted a PAT of Rs 280.9 crore in the October-December quar

Himadri Speciality Chemical Q3 results: Net profit rises 67% to Rs 108.7 cr. Himadri Speciality Chemical Ltd (HSCL) on Tuesday posted a 67 per cent rise in consolidated net profit at Rs 108.78 crore during the quarter ended December 31. It had clocked Rs 65.21 crore net profit during the October-December period of the preceding 202

Burger King owner to take full control of Carrols Restaurant in bn deal. Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at about billion, the company said on Tuesday

Udaan's valuation shrinks by 43.5% to .7 billion in Series E round. Last year, Udaan raised 0 million in convertible notes and debt from shareholders and bondholders, with no change in valuation

Atsuya Technologies wins Genesis Innovator at National Startup Awards 2023. Chennai-based deep tech startup has been recognised for pioneering solutions in IoT and AI

TV18 Broadcast Q3 results: Loss at Rs 55.8 crore, revenue down by 5.2%. TV18 Broadcast Ltd on Tuesday reported a consolidated net loss of Rs 55.83 crore for the third quarter that ended on December 31, due to investments made on the sports and digital segment. The company had posted a net profit of Rs 37.81 crore in the Octobe

L&T Technology Services maintains FY24 revenue guidance at 17.5-18.5%. LTTS reported a 13.3 per cent rise in net profit to Rs 336 crore, as revenues grew 12.3 per cent to Rs 2,157 crore

ICICI Lombard Q3 results: Profit up 22% at Rs 431 crore as premiums climb. Profit after tax rose to 4.31 billion rupees (nearly million) for the quarter ended Dec. 31 from 3.53 billion rupees (.61 million) a year earlier, the ICICI Bank - backed company said

The pandemic impact: PepsiCo India lines up offerings for expansion. Earlier this month, the fast-moving consumer goods (FMCG) major launched three variants under its Quaker Oats brand

CCI approves proposed amalgamation involving Shriram Group entities. Fair trade regulator CCI on Tuesday cleared the proposed combination involving the merger of various entities of the Shriram Group. The proposed combination relates to the amalgamation of Shriram GI Holdings Pvt Ltd with Shriram General Insurance Company L

WEF: Green hydrogen to lead towards zero carbon future, says Gautam Adani. Writing in a blog post on the World Economic Forum site, Adani said for India, the equitable solution is not to replace one fossil fuel with another but to leapfrog to renewables and green hydrogen

Network18 Media Q3 results: Loss at Rs 107.87 crore, revenue down 4.14%. Network18 Media & Investments Ltd on Tuesday reported a consolidated loss of Rs 107.87 crore for the third quarter ended December 2023. The company had posted a profit of Rs 8.82 crore during the October-December period a year ago, according to a regulator

Will have 1 mn startups in the next 10 years: MoS IT Rajeev Chandrasekhar. Chandrasekhar along with other senior ministers from the government were marking and celebrating National Startup Day

India Inc likely to report 8-10% revenue growth in Q3: CRISIL Ratings. Corporates' revenues are likely to have grown 8-10 per cent in the 2023 December quarter on an annual basis, according to a report. The operating profits have likely expanded 100-150 basis points on-year in the three months ended December 2023, giving the

Matter of joy and pride, says Gujarat CM as state tops Startup Ranking 2022. Gujarat Chief Minister Bhupendra Patel on Tuesday said it was a matter of joy and pride as the state was ranked number one for the fourth consecutive time in the State Startup Ranking 2022 announced by the Union Ministry of Commerce and Industry on Tuesday

Inox Air Products signs billion MoU with Maha for green ammonia plant. Inox Air Products on Tuesday said it has signed an MoU with the Maharashtra government here for setting up the state's first Green Ammonia Plant with a capacity of 500,000 MTPA and a planned outlay of USD 3 billion. The project is aimed to be commissioned

HDFC Bank offloads its entire 4.31 per cent stake in Bandhan Bank. Srinivasan Vaidyanathan, Chief Financial Officer of HDFC Bank, has confirmed the development in the post-earnings media call without divulging any details

Over 50% DPIIT-recognised startups from tier-II and tier-III cities. The states of Gujarat, Karnataka, Kerala, and Tamil Nadu emerged as the "best performers" in developing a startup ecosystem for Indian entrepreneurs

Q3 results: HDFC Bank posts Rs 16,373 crore profit for Sept-Dec 2023. Provisions Rs 1,200 cr against AIF exposure

SC refers Zee-Aditya Birla dispute to arbitration, upholds Delhi HC order. Chief Justice of India DY Chandrachud also dropped Siti Network from the lineup of parties in the arbitration proceedings as it has already gone into insolvency

Helmet makers demand cut in GST as 2W accidents claim goodslives in India. Two-wheelers account for 42 per cent of accidents and 41 per cent of fatalities due to road accidents in India

Republic Day offer: Jio offers partner coupons, special benefits, and more. The coupons will become available in the user's MyJio account after recharging with the Rs 2,999 Jio prepaid plan

Automobile major Maruti Suzuki hikes prices by 0.45% across models. Maruti Suzuki India on Tuesday said it has increased prices of its entire model range with immediate effect. An estimated weighted average of increase across models is 0.45 per cent, the auto major said in a regulatory filing. This indicative figure is cal

Bank of Maharashtra's profit jumps 34% to Rs 1,036 cr, NPAs down to 0.22%. State-owned Bank of Maharashtra (BoM) on Tuesday posted a 34 per cent rise in its profit at Rs 1,036 crore in the third quarter ended December 2023. The Pune-based lender had posted a net profit of Rs 775 crore in the same quarter a year ago. Total income

Federal Bank Q3 profit rises 25% to Rs 1,007 cr, NPAs down to 0.64%. Federal Bank on Tuesday posted 25 per cent increase in profit at Rs 1,007 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 804 crore in the same quarter a year ago. Total income increased to Rs 6,593 crore during the

Maruti Suzuki India hikes prices by around 0.45% across models from Jan 16. Maruti Suzuki price hike: The company's announcement followed as several automakers have announced that they will increase prices due to rising input costs and other factors

Namma Yatri ride-app goes live in Delhi: How is it different from Ola, Uber. Namma Yatri, the ride-hailing services application, is branded as an alternative to Ola and Uber. It endorses itself as "zero commission" platform and can be used to book auto-rickshaws

ITC Ltd director David Robert Simpson resigns, effective January 30. ITC Ltd on Tuesday said its Non-Executive Director David Robert Simpson has resigned due to personal reasons. His resignation will be effective from January 30, the Kolkata-headquartered company said in a regulatory filing. Simpson was on ITC board as a re

Gujarat, Kerala, K'taka best states in nurturing startup ecosystem: DPIIT. Gujarat and Karnataka are ranked as the 'best performers' in developing startup ecosystem for budding entrepreneurs, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Kerala, Ta

Jindal SAW Q3 results: Net profit rises over twofold to Rs 532 crore. The company posted a consolidated profit after tax of 5.32 billion rupees (.1 million) for the quarter ended Dec. 31, 2023 from 2.14 billion rupees a year ago

Comfortable with OpenAI non-profit despite Altman ouster: Satya Nadella. Competition authorities in Europe, Britain and reportedly the United States have started looking closely at the Microsoft-OpenAI relationship

REC Limited issues first Japanese Yen green bonds worth JPY 61.1 billion. This is REC Limited's 11th venture into the international bond market and the first-ever Yen Bond issuance by an Indian public sector undertaking

HDFC Bank Q3 results: Profit up 34% at Rs 16,373 crore, GNPA rises to 1.26%. Largest private sector lender HDFC Bank on Tuesday reported a 34 per cent jump in its standalone net profit to Rs 16,373 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 12,259 crore in the corresponding quarter of th

Ram mandir opening: GreenCell Mobility to deploy 150 e-buses in Ayodhya. The 150 electric buses are expected to accommodate over 25 million devotees visiting the city until March 2024

L&T Technology retains full-year forecast after all units post Q3 growth. (Reuters) - Indian tech services provider L&T Technology Services retained its revenue growth forecast for the current financial year on Tuesday as all its five business verticals posted year-on-year growth for the third quarter.

Mother Dairy expands milk portfolio with launch of buffalo milk variant. The company expects this segment to grow by 10 per cent year-on-year and achieve total volume sales of two lakh litres per day (LLPD) from the variant by March next year

Delhi High Court allows lessor to inspect engine leased to Spicejet. Company tells court the low-cost carrier was 'cannibalising' parts of the engine

M&M calls for level playing field for EVs amid Tesla's India entry plans. DAVOS, Switzerland, Jan 16 (Reuters) - Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks

Lamborghini topped 10,000 sales last year for first time: CEO Winkelmann. The carmaker, a subsidiary of Germany's Volkswagen , delivered a total of 10,112 sports cars and SUVs last year, up from over 9,200 vehicles in 2022, a slide attached to Winkelmann's post showed

Adani Group set to start mapping famous Mumbai slums Dharavi in weeks. The conglomerate owned by tycoon Gautam Adani won a government contract to redevelop Dharavi in late 2022 and will begin surveying the roughly 600 acre densely packed neighborhood in March

Jindal Stainless announces Employee Stock Option Plan for senior officials. Jindal Stainless Ltd (JSL) on Tuesday announced an Employee Stock Option Plan (ESOP) for senior company officials. The primary objective of introducing ESOPs for 150 senior members is to attract, incentivise and retain talent, fostering a shared sense of o

QSR chain Wow! Momo Foods aims to double revenues in the next 30 months. The round will provide partial exits to initial investors Indian Angel Network and Lighthouse Funds. Daryani also mentioned that about Rs 180-190 crore was for the primary funding of the business

Bank of Maharashtra Q3 results: Net profit rises 34% at Rs 1,036 crore. BoM raised Rs 1,000 crore in equity capital through a qualified institutional placement (QIP) and Rs 774 crore via Tier-II bonds

CEOs fear for their firms in pre-Davos survey as AI, climate risks rise. Advancements in generative AI were top of the concerns for most survey respondents, with almost 75% predicting it would significantly change their business in the next three years

Redesigned Apple watches not subject to import ban, says US customs. The import ban, issued by the U.S. International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on Dec. 26

Hyundai Motor to spend 5 million fixing Talegaon plant bought from GM. Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

Hyundai Motor to spend 5 million fixing Talegaon plant bought from GM. Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country

Fitch assigns 'BB(EXP)' rating to Shriram Finance's proposed US bonds issue. Global rating agency Fitch on Monday assigned the 'BB(EXP)' rating to Shriram Finance Limited's proposed US dollar-denominated senior secured bonds. 'BB(EXP)' rating reflects that an issuer has some risk of default but is still a safer investment compared

Medi Assist healthcare IPO subscribed 54% on first day of bidding. Medi Assist covers over 18,000 hospitals across 1,069 cities and 31 states and has 35 insurers as partners

S&P Global Ratings ups long-term issuer credit rating on Vedanta Resources. S&P Global Ratings on Monday said it has raised long-term issuer credit rating on Vedanta Resources. The rating has been upgraded to 'CCC+' from 'selective default'. On January 12, S&P Global Ratings downgraded debt-laden Vedanta Resources Ltd to 'selectiv

Nissan Motor India names Saurabh Vatsa as Deputy Managing Director. Nissan Motor India on Monday said it has appointed Saurabh Vatsa as the Deputy Managing Director with immediate effect. He will report to Managing Director Rakesh Srivastava and support in implementing the company's ongoing transformation roadmap, the auto

Former Credit Suisse wealth executive Sandipan Roy joins Motilal Oswal. Sandipan Roy will be chief investment officer for the private wealth business, reporting to Ashish Shanker who heads the unit, according to a spokesperson for Motilal Oswal

Jawa Yezdi Motorcycles plans to take on Royal Enfield with new 350 cc bike. Competing in the mid-capacity segment, the Jawa 350 will face off against the Royal Enfield Classic 350 (priced between Rs 1.93 to 2.24 lakh) and Honda H'ness CB 350 (ex-showroom Rs 2.09 - 2.16 lakh)

Angel One Q3 results: Profit rises by 14% on jump in orders, clients. Consolidated profit was 2.60 billion rupees (.38 million) for the quarter ended Dec. 31, compared with 2.28 billion rupees a year earlier, according to an exchange filing

Jai Balaji to invest Rs 1,000 crore to boost Durgapur plant capacity. The company, which was once financially stressed, is looking to fund the expansion through internal accruals

Jai Balaji Q3 results: Net up 740% to Rs 234 cr, plans Rs 1,000 cr capex. Steel major Jai Balaji Industries Ltd on Monday announced a 740 per cent rise in net profit for the third quarter ended December 2023 at Rs 234.6 crore over the corresponding quarter in 2022, despite flat quarterly revenue of Rs 1539 crore. The company, wh

BoB's new deposit scheme offers 7.1-7.6% interest on short-term deposits. Public sector lender Bank of Baroda on Monday announced a new deposit scheme offering interest payments in the range of 7.1-7.6 per cent per annum. Bank of Baroda in a statement said its special short-term retail deposit scheme offers an interest rate of 7

SBI Mutual Fund launches new equal-weight index fund, aims Rs 500 cr. The largest fund house SBI Mutual Fund on Monday launched a new equal-weight index fund that will track the Nifty 50 index, and expects to garner at least Rs 500 crore during the primary subscription period. For investors, the open-ended fund comes with a

Jio Financial Services Q3 results: Net profit down 56% to Rs 294 crore. Increases focus on secured lending due to regulatory developments

Highway Infrastructure Trust to acquire 12 road projects for Rs 9,005 cr. Highway Infrastructure Trust has signed definitive agreements with PNC Infratech Ltd and PNC Infra Holdings Ltd for acquisition of 12 road projects at an enterprise value of Rs 9,005.7 crore. The target portfolio comprise 11 Hybrid Annuity (HAM) concession

Aster DM to pay up to Rs 120 a share dividend on Gulf business sale. In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for billion

State-owned KABIL signs mn lithium exploration deal in Argentina. The deal, signed with an Argentinian state-run enterprise, gives KABIL exploration and developmental rights for commercial production

SpiceJet receives approval from BSE for Rs 2,242 cr capital infusion. No-frills carrier SpiceJet on Monday said it has received in-principle approval from the BSE for a Rs 2,242 crore capital infusion in the airline. The Gurugram-based airline also said that a significant portion of the fund infusion will be utilised to fuel

Byju's-owned Aakash Educational's FY22 net up 82% at Rs 79.5 crore. The company's net profit increased 82.2 per cent year-on-year (Y-oY) to Rs 79.5 crore in FY22

KKR-backed Invit snaps up 12 road projects for Rs 9,005.70 crore. The road portfolio comprises 11 hybrid annuity concessions from the National Highways Authority of India (NHAI) and one toll road concession from the Uttar Pradesh State Highways Authority (UPSHA)

CCI okays Manipal Health Enterprises stake sale to Abu Dhabi investment arm. Fair trade regulator Competition Commission of India (CCI) on Monday cleared Seventy Second Investment Company's proposed stake acquisition in Manipal Health Enterprises. The deal has been approved under the green channel route. Manipal Health Enterprises

IndiGo cornered bigger share of India's skies in 2023, shows DGCA data. Overall, Indian airlines carried 153.2 million domestic passengers in 2023 compared to 123.2 million in 2022, recording an annual growth of 23.36 per cent

Pixxel opens new spacecraft manufacturing facility in Bengaluru. Pixxel has launched three of its satellites - Shakuntala, D2, and Anand - in collaboration with ISRO and Elon Musk's SpaceX

KKR, Warburg plow into Asia data storage centers amid AI, cloud boom. Demand in Southeast Asia and North Asia is expected to expand about 25% a year through 2028, according to Cushman & Wakefield data. That compares with 14% a year in the US

YouTube seeks more time to remove indecent acts involving mothers, children. YouTube on Monday sought more time from the National Commission For Protection of Child Rights (NCPCR) to comply with the apex child rights body's directions to remove videos portraying indecent acts involving mothers and sons. The NCPCR had on January 10

Tata Consumer Products plans Rs 3,500 cr rights issue for acquisitions. TCPL aims to diversify into high-margin, value-added food segments beyond commodities through its acquisitions of Capital Foods and Organic India, valued at Rs 7,000 crore

Uber launches EV autos in Ayodhya ahead of Ram temple consecration ceremony. Uber will also begin operations of UberGo, its cheapest car ride service, as well as Uber Intercity, a rapidly developing mobility product

AI can help mfg, healthcare, other sectors scale new heights: Nadir Godrej. Business leader Nadir Godrej on Sunday said manufacturing, healthcare and other sectors in India can scale newer heights with the right use of artificial intelligence. Here to attend the World Economic Forum Annual Meeting, Godrej also said India can achie

FASTags with incomplete KYC to be deactivated post Jan 31, says NHAI. State-owned NHAI on Monday said FASTags with valid balance but with incomplete KYC will get deactivated by banks post January 31, 2024. To enhance efficiency of electronic toll collection system and provide seamless movement at toll plazas, NHAI has taken

HCLTech teams up with SAP to drive innovation, adopt generative AI tech. IT services company HCL Technologies (HCLTech) has teamed up with SAP to drive innovation and accelerate the adoption of Generative AI, according to a release. With this collaboration, HCLTech will partner with SAP to develop solutions that enable business

Fog impact: Scindia asks DIAL to expedite refurbishment of 4th runway. DGCA to issue SOP to airlines for better communication with passengers as fog impacts flight operations, he added

Avaada Group to invest Rs 40,000 cr in 6 GW renewable projects in Gujarat. Avaada Group on Monday said it has committed investments worth Rs 40,000 crore for development of 6,000 MW hybrid wind-solar projects in Gujarat. The agreement was signed in the presence of Gujarat Chief Minister Bhupendrabhai Patel on the sidelines of the

Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure. Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and their investors to deal with unliquidated investments of their schemes beyond expiry of tenure. In its consult

Mahindra Group-backed infra investment trust trading debut on Monday. SEIT raised 13.65 billion rupees in the offer, while Mahindra Susten, the green energy arm of the tractors-to-financing conglomerate Mahindra Group, raised 8.98 billion rupees, according to statement

OYO plans 400 properties at spiritual places, including Ayodhya, in 2024. Hospitality tech platform OYO on Monday said it is planning to launch 400 properties in major spiritual destinations like Ayodhya, Varanasi, Tirupati, and Katra-Vaishno Devi by the end of this year. The planned expansion in major spiritual hotspots across

Reliance Industries sells REC Solar Norway to Elkem ASA for million. Reliance Industries Ltd on Monday said it will sell REC Solar Norway AS to Oslo-listed Elkem ASA for around USD 22 million. REC Norway is a wholly-owned unit of REC Solar Holdings and is involved in the manufacturing of kerf-based polysilicon in the Scandi

Hitachi's Indian business expects to have billion revenue by 2030. Hitachi India's rail and power business would be the biggest revenue contributor over the next decade, he Kaushal added

Staqu Tech to provide AI-led surveillance for Ram temple inauguration. The Ram Temple inauguration ceremony, which is scheduled to take place on 22 January, is expected to host VIP attendees from across the world

Aster considering to pay 70-80% of 3 mn Gulf demerger money as dividends. The company said on Monday it plans to use the proceeds to pay shareholders between 110 rupees and 120 rupees per share as dividends

TCS to diversify to other markets amid US weakness: CEO Krithivasan. "We believe it (fiscal 2025) could be a better year than fiscal 2024," Krithivasan said

Reliance Industries seeks minimum of to produce gas from coal seams. Reliance Industries Ltd is seeking a minimum USD 10 rate for the gas it plans to produce from coal seams, as it altered its pricing formula to reflect the changed energy scenario. Reliance has sought bids from users for 0.90 million standard cubic meters p

Indian Biogas Association pitches for incentives to promote bio-fertilisers. Industry body Indian Biogas Association (IBA) has demanded a host of incentives including a dedicated Rs 1.4 lakh crore 'Biogas-Fertilizer Fund' that aims to promote the use of organic fertilizers for improved soil and human health. It said the key to acce

Panasonic Electric eyes 50% share in India's wiring devices mkt by 2030. Panasonic Electric Works India (PEWIN) -- a subsidiary of Panasonic Life Solutions -- aims to capture 50 per cent market share of India's wiring devices market by 2030, a top company official said. "Over the next five years, our focus in India will be on s

Novac Technology mulls expansion of footprint to Africa; expects 20% growth. This development follows Novac Technology Solutions' recent foray into Dubai through the establishment of its new subsidiary, Novac GT Technologies LLCN

TCPL to fund 2 acquisitions with cash reserve, bridge financing: MD D'Souza. Tata Consumer Products (TCPL) would fund its acquisitions of Capital Foods Ltd and Organic India Ltd having a combined enterprise value of Rs 7,000 crore, through internal cash reserve and bridge financing, MD and CEO Sunil D'Souza said on Sunday. Both the

ONGC makes two consecutive natural gas discoveries in Mahanadi basin block. State-owned Oil and Natural Gas Corporation (ONGC) has made two significant back-to-back natural gas discoveries in a Mahanadi basin deepwater block in the Bay of Bengal as its calculated game plan of venturing into high-risk deep water exploration starts

Lupin receives USFDA approval to market generic hypertension drug. Drug maker Lupin on Sunday said it has received approval from the US health regulator to market a generic hypertension drug in America. The company has received approval from the US Food and Drug Administration (USFDA) for Propranolol Hydrochloride extend

Central Bank extends festival offer, aims increasing retail asset book. State-owned Central Bank of India has extended its festival offer for three months till March 31 with a view to increasing its retail asset book. Earlier, the offer was till December 31, 2023. The bank is offering low interest rate, waiver in processing fe

Go First's lenders seek investor bids by January 31, says report. Go First filed for bankruptcy protection in May but lenders have more recently been considering liquidating the airline after failing to secure new investors

CredAble records a two-fold increase in loan disbursements in 2023. The company plans to raise -75 million by June this year in its series C round

LIC receives notification for tax refund of Rs 25,464 crore for 7 AYs. The insurer noted that it will file an appeal with the before Commissioner (Appeals) against all the tax notices

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