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NSE share market NEWS tomorrow (28 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 December 2023

8 20 was amongst the top gainers, currently trading at 128.00 in NSE with 3.706 times change in volumes and 12.281% change in price. Other gainers included Hindustan Petroleum with 9.375% price change and 2.91 times volumes, National Aluminium with 9.122% price change and 2.844 times volumes, Steel Authority with 6.41% price change and 1.286 times volumes, and Bharat Heavy with 5.853% price change and 4.504 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.

Bharat Dynamics was amongst the top losers, currently trading at 1697.55 in NSE with 0.449 times change in volumes and -3.827% change in price. Other losers included Adani Energy with -3.415% price change and 0.934 times volumes, Tube Invest with -3.01% price change and 1.827 times volumes, Supreme Industries with -2.81% price change and 0.69 times volumes, and Cyient with -2.674% price change and 1.232 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.

Mukesh Ambani bats for young RIL, to keep average age of talent at 30s. The billionaire also set a target to grow RIL into the world's top ten conglomerates

Sirius, Adani to create JV, aims at transforming 5 bn digital economy. Sirius JV seeks deployment of cutting-edge Artificial Intelligence (AI), Internet of Things (IoT), and Secured Blockchain

5 startups receive Rs 6.5 cr equity investment from Tamil Nadu govt. Five startups engaged in various sectors, including electronics manufacturing and healthcare, have received funding of Rs 6.5 crore from the Tamil Nadu government. The sanction of equity investments in the companies was issued under the Tamil Nadu SC/ST St

Black Box eyes 3x growth to bn by 2027 with focus on critical infra. Indian IT company Black Box is expecting a threefold increase in revenue to USD 2 billion over the next three years, driven by demand for critical technological infrastructure. Black Box President and CEO Sanjeev Verma told PTI that focusing on digital inf

More than 196,000 cos, LLPs incorporated till Nov this year: Govt. More than 1.96 lakh companies and Limited Liability Partnerships (LLPs) were incorporated in the country this year till the end of November, which is higher than 1.88 lakh such entities registered in the year-ago period, the corporate affairs ministry said

Ratan Tata to divest all his 77,900 shares of FirstCry in upcoming IPO. Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO. Tata became an investor in the comp

Year Ender 2023: Shiv Nadar, Savitri Jindal make the biggest leap in wealth. Following is the list of top Indian Business Personalities whose net worth surged the most in 2023

Automotive firm Emmforce Autotech files draft papers to raise funds via IPO. Automotive components manufacturer Emmforce Autotech has filed draft papers to raise funds through an initial public offering (IPO). The public issue will be entirely a fresh issue of up to 55,00,000 equity shares, each with a face value of Rs 10, the comp

Bank of Baroda hikes domestic retail term deposit rates upto 125 bps. Aims to increase share of short-term retail deposits

Need to be prepared for more disruption in 2024: Tata Sons Chairman. The complexity of global governance will reach new heights in 2024, and there should be preparedness for more disruption and volatility, according to Tata Sons Chairman N Chandrasekaran. In his New Year message to employees of the Tata Group, Chandrasekara

Jindal Stainless to generate 1.9 bn units of clean energy via green drive. Jindal Stainless on Thursday said it will generate over 1.9 billion units of clean electricity per year through its green energy initiatives. The initiatives have the potential to reduce carbon emissions by over 13.52 lakh tonnes per annum. "Jindal Stainle

Apple supplier Luxshare to control Taiwan rival's iPhone assembly site. The acquisition is expected to give Luxshare a better chance at competing with Taiwan's Foxconn Technology Group, Apple's primary manufacturing partner

True North's Threpsi Care LLP sells stake in Zydus Wellness worth Rs 127 cr. Private equity firm True North's arm Threpsi Care LLP on Thursday divested a 1.23 per cent stake in Zydus Wellness for Rs 127 crore through an open market transaction. Zydus Family Trust and SBI Mutual Fund were the buyers of Zydus Wellness shares. Threpsi

US companies are picky about investing in China except fast-food chains. American fast-food chains have decided a market of 1.4 billion people is simply too delicious to pass up. KFC China's parent company opened its 10,000th restaurant in China last month

IIL invests Rs 700 cr in new vaccine plant to combat livestock disease. Equipped with a BSL3 (biosafety level) facility for drug substance production and a Fill-Finish capability for final vaccine products, the unit will focus on combating two major livestock diseases

Foxconn invests fresh capital of around Rs 461 crore in Bengaluru unit. Taiwanese electronics manufacturing services major Foxconn has infused USD 55.29 million (about Rs 461 crore) in Bengaluru-based Foxconn Precision Engineering Private Limited, according to a regulatory filing. The company has made the investment through it

The late-night email to Tim Cook that set the Apple Watch saga in motion. Masimo's goal, people close to the matter say, was for the ITC to impose its ban in the summer

Food delivery app Zomato gets Rs 402 cr show cause notice over unpaid GST. Zomato said that it was not liable to pay any tax on delivery charges as it was collected on behalf of the delivery partners

Pratt & Whitney engines caused damage of Rs 10,000 crore to Go First: Wadia. Nusli Wadia said that P&W engines started failing right from the earliest delivery in 2017 'not just once, but several times'

ICRA assigns AA+ rating to Adani Ports on strong business profile. While ICRA said its rating factors in the company's strong business profile, India Ratings said it continues to take a consolidated view of the company and its subsidiaries

Firstcry's parent firm Brainbees Solutions files papers to go public. Firstcry IPO: Brainbees Solutions will sell shares worth Rs 1,816 crore and existing investors, including SoftBank, will sell up to 54.4 million shares

Suzlon bags 300 MW project from Apraava Energy to supply wind turbines. Renewables solutions provider Suzlon on Thursday said it has bagged a 300 MW wind energy project from Apraava Energy. Suzlon will instal 100 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, and a rated capacity of 3 MW each at the

Bata India receives Rs 60 crore notice from sales tax authorities. Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday. The notice dated December 27, 2023, pertains to several

Global corporate landscape 2023: Mergers, closures, and leadership shifts. From acquisitions & mergers to resignations 2023 has been a year of significant milestones in the global corporate world. Here is a recap on all the major event that unfolded in 2023

Zomato receives Rs 402 cr GST show cause notice, says 'not liable to pay'. The company said it is not liable to pay the penalty for the period October 29, 2019 - March 31, 2022, as the amount was collected "on behalf of the delivery partners during the referred period"

LIC in discussion with RBI for access to debt data via CRILIC: Mohanty. Life Insurance Corporation (LIC) chairman Siddhartha Mohanty on Thursday said the state-owned insurer is "in active discussion" with the Reserve Bank of India and confident of getting access to central bank's debt database CRILIC. "It's an irony that despi

Flipkart Internet's operating revenue jumps 42% in FY23, loss declines 9%. Total expenses grew 26 per cent to Rs 19,043 crore in FY23

SpiceJet's resurgence could disrupt Indian aviation market: CAPA India. Earlier this month, cash-strapped SpiceJet announced it is going to raise a total of Rs 2,241.5 crore through issuance of equity and warrants

RIL will never be complacent, aims for top 10 global conglomerates: Ambani. Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will g

Adani Group steps into AI joint venture with West Asia backer IHC. Adani Global Ltd. and IHC's Sirius International Holding Ltd. will own 49% and 51% respectively in the Sirius Digitech International Ltd., which will be based in Abu Dhabi

Mahindra & Mahindra gets Rs 56 lakh tax penalty, company to challenge. Mahindra & Mahindra Ltd on Thursday said it has been imposed a penalty of over Rs 56 lakh for wrongly carrying forward input service distributor credit available in pre-GST into GST regime with regards to its two-wheeler business. The company has received

FirstCry's parent firm files DRHP; to raise Rs 1,816 crore via fresh issue. The Supam Maheshwari-led company proposes to utilize the Net Proceeds from the offer towards funding the expenditure for setting up new modern stores, a warehouse

AI, diversity, inclusion will take centre stage in 2024: Indeed survey. Employees and employers geared up to adopt artificial intelligence at the workplace, with 59 per cent of employees are very confident in their ability to adapt and utilise AI tools, says a survey. According to an Indeed survey, going ahead, diversity and i

Year Ender: 10 big events that shaped the Indian corporate world in 2023. From Hindenburg's report on the Adani Group to the signing of the biggest aircraft orders by Air India and Indigo, India saw several important corporate news in 2023. Here are the 10 most significant

Jio, IIT-B collaborate on 'Bharat GPT', Akash Ambani announces TV OS launch. Reliance Jio Infocomm chairman Akash Ambani on Wednesday said the country's largest telco is working with Indian Institute of Technology-Bombay to launch a 'Bharat GPT' programme. The company, a unit of Reliance Industries, is also "comprehensively thinkin

Infosys accuses Cognizant of unfair employee poaching, sends letter to firm. Infosys sent a written communication to Cognizant after a number of its senior executives left to join the firm

PE/VC investments in India fall 41% to .9 mn in 2023, exits increase. "The decline in the number of deals could signify an increased efficiency in decision-making, allowing stakeholders to concentrate on opportunities that promise long-term value and sustainability"

Kansai Nerolac Paints to sell Mumbai land to Runwal Group for Rs 726 cr. Kansai Nerolac Paints has agreed to sell its land parcel, along with building, at Lower Parel in Mumbai for Rs 726 crore to Runwal Developers. Kansai Nerolac Paints has said that its board has approved a proposal for "entering into an Agreement for Sale wi

Mahadev app owner detained in Dubai; ED may file fresh charge sheet. Sourabh Chandrakar, one of the promoters of the Mahadev online betting app, has been put under "house detention" in Dubai while Indian probe agencies, including ED, have been "alerted" and are working through diplomatic channels to get him deported, offici

Future Enterprises RP invite bids for insurance biz, apparel making units. The resolution professional of debt-ridden Future Enterprises Ltd (FEL) has invited Expression of Interest for the company's assets, including stakes in the insurance business and apparel manufacturing units. FEL, a flagship firm of Kishore Biyani-led Futu

Suzlon bags two wind energy orders from Mahindra Susten, nordic energy firm. Renewables solutions provider Suzlon has bagged two separate wind energy orders of 100.8 MW each from Mahindra Susten and an Indian arm of a leading nordic energy company. Suzlon will install 48 units of their S120 140m wind turbine generators (WTGs) with

Biological E develops next gen XBB1.5 variant Covid vax, awaits clearance. XBB 1.5 is a sub-variant of Omicron, and a sub-linear of XBB variant. It is a recombinant of the two BA.2 sublineages, and carries a mutation of the spike protein (F486P)

Hinduja Renewables bags 140-MW solar project from Gujarat Urja Vikas Nigam. Hinduja Renewables on Wednesday announced that it bagged a 140-MW solar power project from Gujarat Urja Vikas Nigam (GUVNL). The contract is part of the Solar Tender Phase -XXII issued by GUVNL for selection of solar power developers for setting up 500 MW

India inc CEOs expect higher capital expenditure, value-added exports. Top executives from leading companies in the power and steel sector - JSW Steel and NTPC, also indicated a strong capex cycle is likely to continue

State Bank of India hikes retail, bulk deposit rates up to 50 bps. The term deposits upto Rs two crore are categorised as retail deposits and those above it are considered as bulk deposits

Few shares of Keshub, Sudha Mahindra in PMSL transferred to family members. The transmission disclosed herein involves a change in the shareholding/voting rights of PMSL as a result of the transmission of certain shares of PMSL, and does not pertain to shares of M&M directly

FirstCry's consolidated net loss widens to Rs 486 crore this fiscal. Brainbees Solution Ltd, which operates omnichannel businesses under the brand name FirstCry, said its consolidated net loss has widened to Rs 486.05 crore in FY 2022-23, according to the financial data accessed by business intelligence platform Tofler. How

RBI approves CS Rajan's appointment as Kotak Mahindra Bank chairman. Rajan, an IAS officer of the 1978 batch, was appointed as an Independent Director on the Board of Kotak Mahindra Bank, with effect from October 22, 2022

PCBL Ltd receive CCI approval for Aquapharm Chemicals acquisition. Anti-trust regulator CCI has approved speciality chemicals major PCBL Ltd's proposed acquisition of a 100 per cent stake in Aquapharm Chemicals, according to a notice. The Competition Commission of India (CCI) has granted its approval to the deal under the

CCI clears stake acquisition deal in Reliance Capital by IndusInd bank. Fair trade regulator Competition Commission of India on Wednesday said it has cleared the proposed stake acquisition in Reliance Capital by IndusInd International Holdings Ltd, IIHL BFSI (India) Ltd, and Aasia Enterprises. Reliance Capital Ltd (RCL) is an

Power utility firm CESC approves proposal to raise Rs 300 cr through NCDs. Power utility firm CESC Ltd board has approved the issuance of 30,000 non-convertible debentures on a private placement basis to raise Rs 300 crore. Under the first issuance, 20,000 NCDs having a face value of Rs 1,00,000 each, for cash, at par aggregating

9.12 bn merchant transactions made via Paytm in second quarter of FY24. As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said on Wednesday. Notably, the maximum number of payments have been done on Saturdays, making it the busiest day in the week for digital transactions,

Apple wins bid to pause smartwatch ban at US appeals court amid patent row. U.S. President Joe Biden's administration declined to veto the ban on Dec. 26, allowing it to take effect. Apple asked for a pause of the ban later that day

Delhi-NCR booked most Uber trips, Mumbai topped late-night bookings in 2023. Delhi-NCR emerged as the top region in terms of the overall highest number of Uber trips, while Mumbai pipped the national capital in the most late-night trips booked, according to the ride-hailing firm's annual data report. Meanwhile, Kolkata indulged in

NTPC plans to list green energy vertical in next 1-2 years: Gurdeep Singh. State-owned NTPC is looking towards listing its green energy vertical in the next 1-2 years, as it anticipates higher demand going forward, its chairman and managing director Gurdeep Singh said on Wednesday. He also said that the entity is expecting a 30-4

Troubled Meenakshi Energy Ltd becomes wholly-owned arm of Vedanta. Anil Agarwal-promoted Vedanta on Wednesday said Meenakshi Energy Ltd has become its wholly-owned subsidiary. The National Company Law Tribunal had earlier approved Vedanta's acquisition of Meenakshi Energy for Rs 1,440 crore. "Meenakshi has allotted 10,00,

Escrowpay raises million in fresh funding from existing investors. Escrowpay, which offers digital escrow platforms, has raised USD 6 million in fresh funding from existing investors. The latest funding is through the series-A round and is part of the ongoing round targeting USD 15 million. The company recently secured th

IPL Biologicals to set up facility in Gujarat with Rs 400 crore investment. Agro biological company IPL Biologicals on Wednesday said it has inked a pact with the Gujarat government to set up a facility with an investment of Rs 400 crore. The company signed a memorandum of understanding with the state government agency, Gujarat St

Chinese carmaker BYD overtakes Tesla as world's most popular EV maker. Analysts expect BYD to launch its third-generation EVs next year offering more technology, such as automated-driving capabilities

Apple's iPhone design chief enlisted by Ive, Altman to work on AI devices. Tan will lead hardware engineering at the project while working at LoveFrom, the people said

Apple to fight watch ban in court after White House declines to act. Apple had already stopped selling its Series 9 and Ultra 2 watches in its online store and US retail outlets

Wipro files case against former CFO Jatin Dalal who moved to Cognizant. Dalal has sought that the matter be referred to arbitration, the case will now be heard by a Bengaluru civil court on January 3

Adani Green completes joint venture agreement with TotalEnergies Renewables. TotalEnergies has also infused Rs 4,013 crore in Adani Green Energy Twenty-Three Limited

Philippines attracts four bids for main airport's billion upgrade. Firms that submitted bids were the Manila International Airport Consortium, Asian Airport Consortium, GMR Airports Consortium, and SMC SAP & Co Consortium

Toyota's global output surges 11% in Nov, sees record high on strong demand. Domestic sales for the month shot 27% higher, sales in both the United States and China increased by 17%, while those in Europe climbed 15%

Apple in talks with Aequs, Rayprus to deepen manufacturing ops in India. Currently, Tata Electronics is the only Indian vendor for Apple, and it is also looking to double its casing facility

Adani Energy Solutions bags Halvad Transmission project in Gujarat. Adani Energy Solutions also said that its arm, Adani Transmission Step-Four, will form a joint venture with UAE-based Esyasoft Holdings to implement smart metering projects

Wipro files suit against former CFO Jatin Dalal after he joins Cognizant. The IT giant also recently filed a complaint against its former senior executive Mohd Haque, and accused him of violating a non-compete clause embedded within his employment contract

Tesla planning to revamp smash hit model Y from Shanghai plant: Report. Earlier this year, Tesla revamped its six-year-old Model 3 sedan with a sleeker look and longer range to attract customers

Intel partners with Israel to invest bn in new manufacturing facility. The new factory is expected to begin operating in 2028. Intel will operate it at least till 2035

Dish TV shareholders reject candidature of 4 independent directors in EGM. In a surprise development, shareholders of Dish TV rejected the candidature of four independent directors in the Extraordinary General Meeting held last week, leaving only one person on the board of the direct-to-home service provider. This prompted immedi

L&T Construction bags contract for AMAALA project in Saudi Arabia. Larsen & Toubro (L&T) on Wednesday said its construction arm has bagged a contract to establish various systems related to green energy generation and utilities for an ultra-luxury tourism destination in Saudi Arabia. "The construction arm of Larsen & Toub

EAD, ADQ sign pact with Dendra to leverage advanced seeding drones. This partnership will support EAD's initiatives in assessing the condition of terrestrial and coastal habitats and increasing environmental information about them

ICICI Lombard gets GST notice of over Rs 5.66 cr for alleged short payment. ICICI Lombard on Wednesday said it received a demand notice for alleged short payment of GST of over Rs 5.66 crore. In a regulatory filing, ICICI Lombard General Insurance Company said it has received an order from the Joint Commissioner CGST & Central Exc

Toyota Kirloskar Motor confident of continuing strong growth in 2024. Toyota Kirloskar Motor on Wednesday said it expects to continue the strong momentum next year after closing 2023 with record sales as rising demand from tier II and III markets is slated to fuel further growth. The company is set for a record year in terms

L&T wins over Rs 5,000 cr power, water systems order in Saudi Arabia. AMAALA is an ultra-luxury destination situated in the Prince Mohammed bin Salman Natural Reserve along Saudi Arabia's northwestern coast

Aurobindo Pharma gets USFDA approval for generic antifungal injection. Aurobindo Pharma Ltd on Wednesday said its wholly-owned arm Eugia Pharma Specialities Ltd has received final approval from the US health regulator to manufacture and market generic Posaconazole injection used to prevent serious fungal infections. The appro

Apraava Energy secures 300 MW wind energy project in Karnataka's Aski. Integrated energy solutions provider Apraava Energy on Wednesday announced that it has secured a 300 MW wind energy project in Aski, Karnataka. The project is part of the 1,200 MW auction capacity of Inter-State Transmission System (ISTS)-connected wind po

HDFC Bank gets board nod for extension to Atanu Chakraborty as chairman. Country's biggest private sector lender HDFC Bank on Wednesday said its board has approved three years extension to Atanu Chakraborty as non-executive chairman. The board has recommended the re-appointment of Chakraborty as the part-time non-executive chai

Adani Group announces key partnerships, project wins in energy sector. The group's transmission entity, Adani Energy Solutions, said it has entered into a smart meter joint venture with Esyasoft Holdings Ltd.'s smart metering solutions arm

USFDA nod to Lupin for generic Loteprednol Etabonate ophthalmic suspension. Pharma major Lupin Ltd on Wednesday said it has received approval from the US health regulator to market its generic Loteprednol Etabonate ophthalmic suspension indicated for temporary relief of seasonal allergic conjunctivitis. The approval by the US Food

Reserve Bank of India gives nod to reverse merger of IDFC-IDFC First Bank. Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July. "....IDFC Limited and IDFC Financial Holding Company (I

ICICI Prudential Life gets GST demand notice of Rs 270 crore for 2017-18. ICICI Prudential Life Insurance on Wednesday said tax authorities have slapped a demand notice of Rs 270 crore on it for alleged short payment of GST for 2017-18. The Maharashtra Goods and Service Tax (GST) authority has demanded GST along with applicable

Delhi court extends ED custody of 3 Vivo-India executives by 2 days. A Delhi court on Tuesday extended by two days the Enforcement Directorate custody of three Vivo-India executives in connection with a money laundering probe against the Chinese smartphone-maker and others. Additional Sessions Judge Aparna Swami extended th

Adani family to invest Rs 9,350 cr in green unit via issuance of warrants. The quantum of warrants constitutes up to 3.833 per cent of the share capital of the company. As of the September 23 ended quarter, promoters and promoter groups held a 56.26% stake in the company

Zydus Lifesciences arm gets Rs 284.58 cr income tax demand notice. Zydus Lifesciences on Tuesday said its arm Zydus Healthcare Ltd has been served an income tax notice demand of Rs 284.58 crore for for the assessment year 2023-2024. Zydus Healthcare Ltd (ZHL), a wholly-owned subsidiary, has received an intimation under se

Future Generali life insurance aims to grow upto 18% CAGR by FY26: Rungta. The New Business Premium (NBP) of the company declined by 35.48 per cent in April-November 2023 to Rs 257.75 crore from Rs 399.51 crore in the year ago period

60% of businesses in India embrace responsible AI practices: Nasscom. Responsible AI refers to the deployment and use of artificial intelligence technology in an ethical and safe manner

State-owned NBCC sells 5,000 flats of Amrapali Group for Rs 2,900 crore. State-owned NBCC on Tuesday announced sales of 5,000 units for Rs 2,900 crore across several residential projects of erstwhile Amrapali Group. As per the direction of the Supreme Court, Amrapali Stalled Projects Investments Reconstruction Establishment (AS

Resolution professional seeks EOI for Future Enterprises, sets deadline. The Kishore Biyani-promoted company has two garment manufacturing units located at Tarapur-Palghar in Maharashtra and Mahadevapura-Bengaluru in Karnataka

Airtel to seek reversal of Rs 24.9 lakh penalty order received under CGST. Bharti Airtel on Tuesday said it does not agree with an order it received under the Central Goods and Services Tax Act for levy of Rs 24.94 lakh penalty, and will take suitable action for rectification or reversal. The violation pertains to alleged irregul

State-owned SJVN to develop 100 MW solar project worth Rs 550 crore. State-owned SJVN has bagged a 100 MW solar project worth Rs 550 crore under e-Reverse auction conducted by Gujarat Urja Vikas Nigam. This ground mounted solar project shall be developed by the SJVN through its wholly-owned subsidiary, SJVN Green Energy Ltd

Apple files appeal after Biden admin allows tribunal's ban on watch imports. The U.S. International Trade Commission's (ITC) order will go into effect on Dec. 26, barring imports and sales of Apple Watches that use patent-infringing technology for reading blood-oxygen levels

US-based Code.org sues Byju's-owned WhiteHat Jr over payment dues. In May 2021, Code.org announced the signing of a licensing agreement with WhiteHat Jr, which at that time was providing tutoring services to over 175,000 students worldwide

Aditya Birla Capital infuses Rs 900 cr in 2 wholly-owned subsidiaries. Diversified financial services player Aditya Birla Capital Ltd (ABCL) on Tuesday said it has infused Rs 849.99 crore and Rs 50 crore in two wholly-owned subsidiaries -- Aditya Birla Finance and Aditya Birla Capital Digital Ltd, respectively. The investment

LIC board clears proposal to setup branch office in Gujarat's GIFT City. Life Insurance Corporation of India (LIC) on Tuesday said its board has approved a proposal to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat. The board on Tuesday approved the proposal to set up a br

Axis Bank files corporate insolvency plea against Zee Learn with NCLT. Zee Learn said that the firm is compiling information to verify the facts claimed in the said petition

EV financing startup RevFin raises Rs 115 cr in Series B funding round. EV financing digital platform RevFin on Tuesday said it has raised USD 14 million (Rs 115 crore) in Series B funding round. Omidyar Network led the round with a USD 5 million investment, joined by the Asian Development Bank, Companion Capital Ltd, and exis

Israel to give Intel .2 bn grant for new bn chip plant in south. This is the largest investment ever by a company in Israel. The news comes as Israel remains locked in a war with Palestinian militant group Hamas in the wake of the Oct. 7 Hamas attack on Israel

Ola to use Rs 1,226 cr of IPO proceeds on boosting cell manufacturing unit. IPO-bound Ola Electric Mobility Ltd plans to utilise Rs 1,226.43 crore out of the proceeds of its Rs 5,500-crore public issue on capacity expansion of its cell manufacturing plant to 6.4 GWh from 5 GWh, according to preliminary papers filed by the company

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