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NSE share market NEWS tomorrow (11 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (11 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 December 2023

Ireda 8 was amongst the top gainers, currently trading at 85.00 in NSE with 0.833 times change in volumes and 19.972% change in price. Other gainers included Tube Invest with 8.999% price change and 0.968 times volumes, Inox Wind with 8.435% price change and 2.712 times volumes, Bond 8 with 7.311% price change and 5.678 times volumes, and Dixon Techno with 6.836% price change and 8.449 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.

Dr Reddy was amongst the top losers, currently trading at 5473.50 in NSE with 8.309 times change in volumes and -5.038% change in price. Other losers included Hindustan Petroleum with -4.411% price change and 2.799 times volumes, Bse with -2.658% price change and 1.486 times volumes, Torrent Power with -2.172% price change and 0.659 times volumes, and Mankind Pharma with -1.68% price change and 2.24 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.

Majority of Inian workers likely to stay given good organisational culture. India has emerged as the leading country in terms of workplace culture, as a significant percentage of Indian workers consider a positive organisational culture as a primary factor for their commitment, according to a report. As per the recent research con

Ola Electric registers Rs 2,782 crore revenue in FY23, losses down 43%. The Bhavish Aggarwal-led company said that it has set in motion a few initiatives for strong growth and profitability in the near future

IOC, LPG carriers reach truce after month long protest, NE supplies resume. Indian Oil Corporation's LPG cylinder transporters have withheld their agitation for a month after the company agreed to several of their demands, officials said on Monday. Members of the North East Packed LPG Transporter Association (NEPLTA) had on Decemb

Relaxo Footwears to acquire land parcel at Bhiwadi at Rs 135 crore. Leading shoemaker firm Relaxo Footwears Ltd on Monday said it will acquire a 30-acre land Parcel in Bhiwadi, Rajasthan, at Rs 135 crore. The land at Pathredi Industrial Area, which is being acquired through a bidding in an e-auction, is for future manufact

Tata Passenger Electric Mobility arm ties up with 4 charge point operators. Tata Passenger Electric Mobility (TPEM) on Monday said it has tied up with charge point operators Chargezone, Glida, Statiq, and Zeon. The company, a part of Tata Motors, has inked a memorandum of understanding (MoU) with the four charge point operators (C

Microsoft reaches agreement on union contract terms governing its AI use. Microsoft has revamped almost its entire product lineup, including Office, Windows, search and security software, to add features based on OpenAI technology

BDO Restructuring Advisory re-invites bids for gaming company SMAAASH. The Corporate Debtor (SMAAASH) has been involved in ongoing litigations, especially in connection with the trademarks and other brand content

Fedbank Financial Services posts 25.12% growth in profit during Q2FY24. The Net Interest Income (NII) of the company rose by 29 per cent to Rs 207.30 crore from Rs 160.40 crore in the second quarter of the financial year 2023

Kinetic's high-speed e-scooter Zulu comes with battery subscription plan. The battery subscription model is claimed to have reduced the acquisition cost by over 35 per cent and offers significant savings on running costs

Infosys appoints Jayesh Sanghrajka as CFO as Nilanjan Roy resigns. Sanghrajka comes with over 25 years of work experience and is a chartered accountant by qualification

Order backlog and pipeline offer strong revenue visibility for BEL. Brokerages believe that the existing orders and incremental orders to follow should help the company exceed its annual targets

Realty firm DLF CFO Vivek Anand resigns, MD Tyagi given additional charge. Realty firm DLF on Monday said its Chief Financial Officer (CFO) Vivek Anand has resigned from the company. He will continue as CFO till February next year. DLF MD Ashok Kumar Tyagi, who has the overall responsibility for all corporate functions including

SpiceJet board adjourns meeting, to discuss funding plans on Tuesday. Crisis-hit SpiceJet's board of directors will continue to discuss fundraising plans on Tuesday after it could only partially complete the agenda items on Monday. On Monday, the no-frills airline's shares touched a 52-week high and ended with more than 10 p

Supreme Court agrees to hear bankruptcy plea against Zee founder. IDBI Trusteeship is the debenture trustee of 425 debentures worth Rs 425 crore issued by Essel Infraprojects Limited (EIL)

FAME subsidy needed for 3-5 years: Kinetic Green founder and CEO. Motwani spoke about the need to have subsidies under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) for three-five year

Toys 'R' Us to start manufacturing in India by mid next year: Report. Business Standard on Monday reported that the company expects India to be among its top five in the next four to five years

Zydus, Daewoong collaborate to co-develop, market Leuprolide Acetate. Daewoong will leverage its proprietary technology to produce Leuprolide Acetate for Depot Suspension in its manufacturing facilities located in Osong, South Korea

JSW Steel reports 11% rise in consolidated crude steel production in Nov. JSW's consolidated crude steel production was at 1.94 MT in the same month last year

Rajiv Jain-led GQG's billion India bet has winning picks beyond Adani. The value of India investments across six of GQG's funds jumped to .9 billion compared with .4 billion a year earlier, according to data compiled by Bloomberg

JSW USA to raise 5 mn loan for capex Moody's affirms stable ratings. Company's reliance on long-term external financing will be critical, says agency

Vaishali Kasture resigns as AWS India's interim country head in five months. Vaishali Kasture had taken over from the former president of commercial business, Puneet Chandok, in July this year

Tata Power ties up with Indian Oil to set up over 500 EV charging stations. IOCL said it is aiming to provide 10,000 EV charging stations in India by 2024 transforming the retail network to complete energy solutions outlets

Adani Green Energy to raise 0 million to refinance 2024 dollar bond. The refinancing plan for Adani Green's 0 million Dec. 10, 2024 bond, dated Dec. 8, fulfills a requirement laid out in the terms of the note

Mahindra to launch XUV300 facelift next year, to also get EV version. The XUV300 EV will be placed below the on-sale XUV400, which is a fairly large vehicle at 4200 mm when compared to the XUV300, an under 4-metre car

Over 7,700 cos voluntarily exited biz since setting up C-PACE: Govt. More than 7,700 companies have voluntarily closed down their business in the country since the setting up of the Centre for Processing Accelerated Corporate Exit (C-PACE) in May this year, and the time taken for voluntary exit has come down to around 110 d

EPFO invested Rs 27,105 crore in exchange trade funds in Apr-Oct: Govt. Retirement fund body Employees' Provident Fund Organisation (EPFO ) has invested Rs 27,105 crore in exchange-traded funds (ETFs) during the current fiscal till October, Parliament was informed on Monday. EPFO had invested Rs 53,081 crore in the ETFs during

LIC to infuse Rs 25 crore into its subsidiary LIC MF Asset Management. LIC MF ranks 23rd among fund houses in terms of assets under management (AUM). In the September 2023 quarter, the fund house's average AUM was Rs 24,257 crore

Tata Power, Indian Oil tie up to deploy 500 EV charging points across India. Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install

Adani Group Ebitda surges record 47% in first half to cross Rs 43,000 cr. Adani Group on Monday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses. "Core infrastructure businesses

ONDC have to address liability issue to build trust: Consumers Affairs secy. Consumer Affairs Secretary Rohit Kumar Singh on Monday asked the Open Network for Digital Commerce (ONDC) to resolve the issue relating to liability, which is important for consumers to get satisfactory services. He said that the government-promoted ONDC h

Adani's bond rebound almost erase losses incurred from Hindenburg report. The rebound suggests the conglomerate, once termed "deeply overleveraged" by research firm CreditSights, is finding favor with investors again

Airlines can save Rs 150-180 cr by using Eastern Cross Taxiways: DIAL CEO. Airlines are likely to save around Rs 150-180 crore annually by using the Delhi airport's Eastern Cross Taxiways that help reduce taxiing time as well as fuel consumption by aircraft, according to a top official. The Indira Gandhi International Airport (IG

USFDA pulls up Intas Pharma for manufacturing lapses at Ahmedabad plant. The US health regulator has pulled up Intas Pharmaceuticals for manufacturing lapses, including violation of current good manufacturing practice (CGMP) regulation, at its Ahmedabad-based plant. In a warning letter to the company's CEO and MD Nimish Chudgar

Sony confident for double-digit growth in India, helped by premiumisation. Consumer electronics maker Sony India expects a 15-20 per cent growth in this fiscal with the trend of premiumisation in the Indian TV and audio market helping it make a turnaround, a top company official said. The company's premium television category com

Manu Ahuja, MD &CEO of Jubilant Agri and Consumer Products, passes away. Ahuja was appointed as MD and CEO in May 2018. Manu Ahuja was an alumnus of XLRI Jamshedpur and Thapar Institute of Engineering, Patiala

Tata Motors to hike commercial vehicle prices by up to 3% from January 1. Tata Motors on Sunday said it will hike prices of its commercial vehicles by up to 3 per cent from January 1, 2024, to offset the residual impact of the past input costs. The increase will be applicable across the range of commercial vehicles, Tata Motors

Adani group to spend Rs 7 trn in capex over next ten years across verticals. Adani group will spend Rs 7 lakh crore in capital expenditure over the next 10 years and its billionaire chairman Gautam Adani has shared some details of the plans which will further consolidate the conglomerate's position as infrastructure leader in India

Tata Projects to raise up to Rs 750 cr via non-convertible debentures. TPL raised two subordinated NCDs of Rs 500 crore each in FY22 and FY23, which have a redemption tenure of six and half years and six years, respectively

ToysRus expects Indian market to be among the top 5 in next 4-5 years. Prior to the BIS norms, India heavily relied on imports from China for these toys

Mortgage firm SRG Housing Finance aims to hit Rs 750 cr AUM next fiscal. Mortgage firm SRG Housing Finance plans to achieve Rs 750 crore asset under management (AUM) during the next financial year, a top company official has said. "We have achieved AUM of Rs 500 crore in the last quarter. We hope to achieve the next milestone o

Fintechs rule the roost in India's startup ecosystem this year, shows data. While the overall investment paints a gloomy picture, a handful of firms raised big-ticket funding, and some sectors managed to hold ground

TVS Motor donates Rs 3 crore for cyclone relief work in Tamil Nadu. TVS Motor Company on Saturday said it has donated Rs 3 crore to the Chief Minister's Relief Fund to aid relief work in the wake of flooding and damage caused by cyclone Michaung in Tamil Nadu. The money will be used to provide necessary flood relief and su

Bimal Dayal appointed as CEO of Adani Infra, will oversee energy projects. Adani Energy Solutions' transmission business chief Bimal Dayal has been appointed as the CEO of Adani Infrastructure India. Dayal will oversee the implementation of the pipeline of infrastructure projects in thermal, renewable energy and green hydrogen by

Tata, Nissan among automakers assisting Cyclone Michaung-affected customers. Automobile manufacturer Tata Motors has launched a service plan to assist customers impacted by cyclone Michaung in Tamil Nadu and parts of Andhra Pradesh. The company has implemented a comprehensive service plan across its range of passengers and electric

Penalty stayed on NTPC for non-disclosure of private firm stake acquisition. The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on state-owned power producer NTPC for not disclosing the acquisition of 35.47 per cent equity share capital in Ratnagiri Gas & Power Private Ltd. The Competi

TVS Motor launches new variant TVS Apache RTR 160 4V at Rs 1.34 lakh. Two and three-wheeler manufacturer TVS Motor has launched the TVS Apache 160 4V motorcycle equipped with Dual Channel ABS and Voice Assist, widening its product portfolio. The new bike, priced at Rs 1,34,990 (ex-showroom Tamil Nadu) was in line with TVS Mo

Airblack raises Rs 33 crore led by Micheal & Susan Dell Foundation. Since starting three years back, over 35,000 students in 300 cities have enrolled in Airblack courses

AI startups that help fight cancer, fraud picked for Google accelerator. 20 companies will be mentored for solutions that 'positively impact various industries and transform lives', says tech giant

Max Healthcare Institute acquires Starlit Medical Centre for Rs 940 crore. Within its current network, it has 3,533 beds, and following this acquisition, the total bed count would approximately touch around 4,083 beds

Jindal Stainless aims to cut emissions by 50% 'way ahead' of 2035 target. India's largest stainless steel company will invest Rs 700 cr in projects to cut emissions

Tata Motors subsidiary, Bharat Petroleum tie up for 7k charging stations. Tata Passenger Electric Mobility Ltd on Friday said it has entered into a collaboration with Bharat Petroleum Corporation Ltd to set up 7,000 charging stations. The two companies have signed a memorandum of understanding to collaborate in establishing publ

Japan's Softbank pares 1.1% stake in Zomato worth Rs 1,128 crore. Japanese conglomerate Softbank on Friday divested a 1.1 per cent stake in online food delivery aggregator Zomato for Rs 1,128 crore through an open market transaction. Following the stake sale, shares of Zomato fell 1.27 per cent to close at Rs 120.15 apie

JSW Steel USA Ohio plans to raise long-term funds in United States. JSW Steel USA Ohio is planning to raise long-term funds in the municipal bond markets in the United States, according to an exchange filing. JSW Steel USA Ohio is a wholly-owned indirect subsidiary of home-grown steel maker JSW Steel Limited. JSW Steel USA

Supreme Court dismisses Chanda Kochhar's plea for retirement benefits. The bench, however, said 'no interference' is required and dismissed the appeal

Adani Group to invest Rs 1,700 crore in cement sector in Uttarakhand. Besides, the Adani group will also invest Rs 1,400 crore to set up a new grinding unit in the state with a capacity of four million tonnes

IREDA floats retail division for business to customers loans at COP28 event. State-owned Indian Renewable Energy Development Agency has floated a retail division for providing loans under PM-KUSUM scheme, Rooftop Solar, and other Business-to-Consumer (B2C) sectors. IREDA Chairman & Managing Director Pradip Kumar Das announced the l

NARCL acquires two SREI companies under the insolvency resolution. Paves way for resolution of debt worth Rs 32,700 cr

Four entities sold GMR Airports Infra shares worth Rs 4,136 crore. Four entities on Friday pared 11.7 per cent stake in GMR Airports Infrastructure for Rs 4,136 crore through open market transactions. According to the bulk deal data available with the BSE, A/D Investors Fund LP, ASN Investments Ltd, Varanium India Opportu

ED allegations false: Jet Airways founder seeks bail in bank fraud case. Jet Airways founder Naresh Goyal, an accused in an alleged fraud of Rs 538 crore at state-run Canara Bank who is in jail for nearly three months, on Friday moved an application before a special court here seeking bail in the case. The court has asked the

Tata Group planning Rs 40,000 crore semiconductor unit in Assam: CM. Tata Group is planning to set up a semiconductor processing plant in Assam at an investment of about Rs 40,000 crore, Chief Minister Himanta Biswa Sarma said on Friday. Addressing a function here, he said it has approached the Centre for the final nod afte

Tata Group plans new iPhone factory to hasten Apple's India expansion. Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter.

Adani Green lays out plan for repaying 0 mn bond to restore confidence. Adani Green Energy Ltd., part of billionaire Gautam Adani's empire, will redeem the notes in full by the due date, it said in a filing to the Singapore stock exchange

Vedanta Resources to raise .25 bn through foreign investors at high rates. While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January

IBA signs MoU with unions on pay revision; okays 17% hike for 5 years. The parties will endeavour to finalise the bipartite settlement within 180 days from the date of this minutes

India Inc fundraising via private placement reaches Rs 8.97 trn in 2023. Corporates in India have set a new record for financing through private placements; the last record was set in 2020 at Rs 7.95 trillion

Startup funding in 2023 lowest in 5 yrs as big-ticket deals dip: Report. Funding rounds of 0 million+ fall 69% compared to 2022; only two unicorns created after 23 last year

Maruti's first EV with a range of 550 km set to be launched by March 2025. While Maruti Suzuki retains a dominant market share in the petrol-powered affordable cars segment, given the size and range of the vehicle, the eVX is unlikely to be as affordable as Tata's Tiago EV

India needs to increase R&D spending to 3% of GDP: Kris Gopalakrishnan. Private sector must contribute 1.5% to such spending, he says in speech urging educational institutions to teach new technologies

Airbus Helicopters partners with Indamer for fleet servicing, maintenance. Airbus Helicopters, a part of the European aviation major Airbus, on Friday said it has partnered with domestic MRO operator Indamer for servicing its helicopter fleet in India. Under this arrangement, Indamer will provide Maintenance, Repair and Overhaul

Not Britannia or Adani Wilmar: Which is the largest FMCG company in India?. ITC is now the largest FMCG company in India as it recorded food sales of Rs 17,100 crore during the first nine months of 2023-24

Sebi chief deeply regrets failure to de-freeze shares in Kirloskar case. Sebi chief Madhabi Puri Buch on Friday said the capital markets regulator deeply regrets the failure to de-freeze the shares held by members of the Kirloskar family in Kirloskar Industries Ltd (KIL) despite the SAT's directive. "I think what happened in te

Indian startups' funding winter persists, 72% decline in 2023: Report. The report highlighted that the funding declined across all stages, with late-stage funding dropping over 73%. Strong IPO momentum, and investors' interest in space tech were a silver lining

Dubai court orders release of SpiceJet aircraft seized due to litigation. Domestic airline SpiceJet on Friday said one of its aircraft which was seized and grounded in Dubai in late October due to litigation has now been released following an order of the Dubai International Financial Centre (DIFC) Court. In a DIFC Court hearing

Star Cement's Rs 2200 cr capex expansion drive on fast track: CEO. In a bid to capitalise on the anticipated growth in cement demand in East and Northeast India, Star Cement is fast-tracking its expansion plans in both greenfield and brownfield projects, so that the total capacity reaches 9.7 million tonnes per year by 20

Max Healthcare to acquire Starlit Medical Centre in Rs 940 crore deal. Max Healthcare Institute Ltd on Friday said it will fully acquire Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore thereby giving it the ownership of 550-bedded Sahara Hospital in Lucknow. The company has executed a binding share purc

RITES enters into pact with Oil India to develop Duliajan Township in Assam. Transport infrastructure consultancy and engineering firm RITES Ltd has signed a pact with Oil India Ltd to develop Duliajan Township in Assam as a mini smart city, according to an exchange filing. As part of the Memorandum of Understanding (MoU), RITES wi

Esconet Tech aims 3-fold jump in revenue to Rs 300 crore by March 2026. IT solution firm Esconet Technologies Ltd is aiming to achieve a three-fold jump in revenue to Rs 300 crore by March 2026 and plans to launch a public issue to raise funds for expansion. The company posted a revenue of Rs 94.97 crore and a Profit After Tax

Wipro loses another top executive, CGO Stephanie Trautman steps down. Under the leadership of CEO and MD Thierry Delaporte, Wipro started the CGO to create a focussed unit to chase large deals

CCI conducting market study on AI to assess competition landscape. Fair trade watchdog CCI is conducting a market study to assess the impact of artificial intelligence on the competition landscape, the regulator's chief Ravneet Kaur said on Friday. In recent times, there has been an increasing use of artificial intelligen

Billing system case: Google withdraws appeal against Delhi HC order. The CCI said it has no objection to the withdrawal

AMNS India plans Rs 100 cr capital infusion on 3 scrap processing centres. Gujarat-based AMNS India is planning to set up three scrap processing centres at a capital infusion of around Rs 100 crore. The company plans to set up two centres at Hazira and Ahmedabad in Gujarat, and one in Khopoli, Maharashtra, a company official said

SoftBank seeks to offload shares worth 5 million in Zomato: Report. This is the third time since August that SoftBank will offload its stake in Zomato, India's largest online food delivery service. It sold a similar stake in October

Vivo PMLA case: Court to decide on taking cognisance of charge sheet on Wed. A Delhi court will consider on December 13 whether to take cognisance of the charge sheet filed against Chinese smartphone maker Vivo-India and others in a money laundering case. The charge sheet was filed under criminal sections of the Prevention of Money

SoftBank looks to exit Zomato, plans to offload 93.5 million shares. The price range for the transaction has been fixed at Rs 120-121 per share, said sources

Kaspersky, IIT Delhi partner for cybersecurity talent development in India. Global cyber security company Kaspersky and the Indian Institute of Technology Delhi (IIT Delhi) have signed an agreement to jointly work on cybersecurity-related research and educational initiatives at the institute, the company said on Thursday. Under th

Digital public infrastructure fuelling innovation, says Nandan Nilekani. Back in 2009, Nilekani and his team played a key role in building digital identity (Aadhaar) which could be verified anywhere online

Rs 17,000-crore TCS share buyback sees nearly seven times tendering. Shares of TCS last closed at Rs 3,617, up 0.4 per cent

Apple meets watchdog over warning notification matter: Govt official. An Apple cyber security team has met watchdog CERT-In to discuss the issue of warning notifications sent to some opposition leaders, a senior government official said on Thursday. Last month, several opposition leaders claimed they received an alert from A

ONDC poised to democratise e-com, generate 0-300 bn in GMV: Redseer. Anticipating the future, Redseer expects the next wave of DPI-driven opportunities in retail, insurance, healthcare, and agritech

GlaxoSmithKline completes VRS scheme as part of its business review. GlaxoSmithKline Pharmaceuticals has also established an Omnichannel Team, leveraging technology to enhance its reach and coverage across target segments

Adani Ports in talks for acquisition of SP Group's Gopalpur Ports in Odisha. Adani Ports & Special Economic Zone is pursuing a potential Rs 1,100-1,200 crore acquisition of Gopalpur Ports from Shapoorji Pallonji Group, which would bolster its presence along the eastern coast

Adani Electricity to provide 60% of renewable electricity to Mumbai by 2027. Adani Electricity supplied 100% renewable energy to its 3 million subscribers in Mumbai for 4 hours on Diwali

ED files first charge sheet against Chinese smartphone maker Vivo, others. The Enforcement Directorate filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker vivo and some others, official sources said on Thursday. The prosecution complaint has been filed before a special court

Minuscule AI startup raises million to tap growth in Indian market. Sarvam AI is building large language models targeted at unique uses in Indian languages, aimed at making apps available at price points that the country's 1.4 billion people can afford

Hospital and pharmacy chain Aster to fuel India expansion through buyouts. Aster plans to add an additional 1,500 beds to the current 4,800 capacity in the world's most populous country over the next three years and "look at companies that are not listed

SpiceJet board considering raising fresh capital by issuing equity shares. Budget airline tells BSE about its plan; told court earlier it's 'struggling to stay afloat'

Foxconn's Indian Arm Bharat FIH to invest Rs 400 cr in Rising Stars Hi-Tech. Rising Stars Hi Tech focuses on manufacturing and selling of Hi Tech electronic and electrical products, including televisions, EVs, telecommunication devices, and IT hardware and components

Nigeria, Philippines, Argentina showing interest in procuring Tejas: HAL. Nigeria, Philippines, Argentina and Egypt have shown interest in procuring indigenously-developed Tejas Light Combat aircraft, CB Ananthakrishnan, the Chairman and Managing Director of the Hindustan Aeronautics Ltd, said on Wednesday. Ananthakrishnan said

GenAI startup Sarvam AI raises mn in funding round led by Lightspeed. Company says it is developing product that can be used for training custom AI models or as an enterprise-grade platform

ChrysCapital buys stake in ProHance for first investment in Indian SaaS. ProHance says ChrysCapital's 75% stake will help it in expanding in Philippines, Australia, South America

Latest stock market News for tomorrow Access previous news reports: 504505506507508509510511512513514515516517518519520521522

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