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NSE share market NEWS tomorrow (10 November, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 November, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 November 2023

Multi Commodity was amongst the top gainers, currently trading at 2603.90 in NSE with 1.671 times change in volumes and 5.195% change in price. Other gainers included Fortis Healthcare with 5.026% price change and 4.949 times volumes, Central Depo with 4.98% price change and 1.167 times volumes, Vedanta with 4.273% price change and 4.622 times volumes, and Kpit Technologies with 4.145% price change and 1.782 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.

Indian Oil was amongst the top losers, currently trading at 98.05 in NSE with 0.885 times change in volumes and -4.76% change in price. Other losers included Interglobe Aviatio with -3.048% price change and 3.56 times volumes, Muthoot Finance with -3.046% price change and 10.088 times volumes, Rail Vikas with -2.8% price change and 0.9 times volumes, and Petronet Lng with -2.674% price change and 1.685 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.

Mark Mobius plans to step back from Mobius Capital in coming months. In 2018, Mobius retired from Franklin Templeton Investments after three decades at the firm

LIC Q2 results: Net profit falls 50% to Rs 7,925 crore on lower income. State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower income. The country's biggest insurer had a net profit of Rs 15,952 crore in the year-ago period, LIC said in a regul

Cholamandalam Financial Holdings posts consolidated Q2 PAT at Rs 888.03 cr. Cholamandalam Financial Holdings Ltd has reported a consolidated profit after tax for the July-September 2023 quarter at Rs 888.03 crore, the company said. The company had posted a consolidated PAT at Rs 606.35 crore during the corresponding quarter of las

Reliance raises Rs 20K cr at 7.79%, largest issue by non-financial firm. Reliance Industries has raised Rs 20,000 crore in the largest bond issue by a non-financial Indian firm, paying 7.79 per cent interest rate, the company said on Friday. The coupon rate is 40 basis points more than the government's borrowing cost. The compa

Torrent Pharma inks licensing pact with Zydus for liver disease drug. Torrent Pharmaceuticals on Friday said it has inked a licensing agreement with Zydus Lifesciences to co-market a product for the treatment of non-alcoholic steato hepatitis (NASH) and non-alcoholic fatty liver disease (NAFLD). As per the agreement, the com

Apollo Micro Systems' Q2 net profit doubles to Rs 7 cr on higher income. Apollo Micro Systems Ltd (AMSL) on Friday said its standalone net profit doubled to Rs 7 crore during the September quarter, aided by higher income. It had clocked a net profit of Rs 3.28 crore during the year-ago period, the company said in a regulatory f

Hindalco Industries Q2FY24 results: Net profit flat at Rs 2,196 crore. The company beat street estimates on revenue but missed it on profit reported in the quarter under review

Biosimilars growth props up Biocon Q2 PAT by 168% to Rs 126 crore. On a sequential basis, the company exhibited a 1.15 per cent increase in revenue along with PAT, which rose 23.8 per cent

M&M Q2FY24 results: Profit hits brakes; consolidated net down 15%. On a sequential basis, the company's net profit declined 33 per cent from Rs 3,508 crore in the previous quarter, while it posted a 1.6 per cent rise in revenue from operations

Eicher Motors Q2 net profit rises 55% to Rs 1,016 cr on robust sales. Eicher Motors on Friday said its consolidated net profit increased by 55 per cent to Rs 1,016 crore for the second quarter ended September 30, 2023, driven by robust sales. The company had reported a net profit after tax of Rs 657 crore in the July-Septemb

Tata Chemicals posts 32% drop in Q2 profit on weak demand, prices. The company's market share in key markets have remained relatively stable by staying close to customers, he added

Shriram Life Insurance posts profit after tax at Rs 31 cr in Sep quarter. Shriram Life Insurance Ltd has reported a profit after tax for the three months ended September 30, 2023, at Rs 31.1 crore, the company said on Friday. The company, jointly promoted by Sriram Group and South Africa-based financial services group Sanlam Ltd

PTC India Q2 results: Net profit rises 46% to Rs 202 cr on higher revenues. Power trading solution provider PTC India on Friday posted over 46 per cent jump in its consolidated net profit to Rs 202.31 crore for the September 2023 quarter, mainly on the back of higher revenues. The company's consolidated net profit stood at Rs 138.

Hindustan Copper Q2 results: Net profit jumps two-fold at Rs 61 crore. State-run Hindustan Copper on Friday reported over two-fold jump in net profit at Rs 60.70 crore for the quarter ended September 30, 2023. The company had posted a consolidated net profit of Rs 25.87 crore in the year-ago period. The consolidated income of

Fortis Healthcare Q2 results: Net profit declines 15% to Rs 173.7 crore. The company declared results post-market hours. Fortis Healthcare Limited stock was up by 17 basis points (5 per cent) on the BSE to Rs 359.15 apiece

ONGC posts 20% drop in quarterly profit on lower crude oil prices. ONGC's total crude oil production fell 2.1% to 5.25 million metric tons (MMT), while total gas production dropped 2.8%

I-T appellate tribunal rules in favour of HDFC Life in Rs 3K cr litigation. In the regulatory filing, the company said that it has received the copy of the order along with relevant details on November 9, 2023

SIDBI launches 'Sumpoorn' MSME Economic Activity Index with Jocata. Jocata, a digital lending transformation platform, has collaborated with SIDBI to launch a one-of-its kind MSME Economic Activity Index Sumpoorn. For the first time ever, this MSME specific high-frequency indicator will capture the state of India's growth

Centre approves DPRs of 2 SJVN projects in Arunachal worth Rs 40,000 cr. SJVN Ltd on Friday said the Central Electricity Authority (CEA) has given its approval to the company's detailed project reports (DPRs) for two hydro projects worth around Rs 40,000 crore. While the Etalin hydroelectric power (HEP) is of 3,097 MW, the Attu

IGP enters Dubai market, expects Rs 80 crore revenue in 1.5 years. Online gifting platform IGP on Friday announced a foray into the Dubai market from where it expects to generate a revenue of USD 10 million, (Rs 80 crore) in the first 1.5 years, the company said on Friday. The company claims to have an annual revenue of U

GRSE earns Rs 1,654 cr revenue from operations in 1st half of 2023-24. Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) on Friday said it earned a revenue of Rs 1,654 crore from operations in the first half of 2023-24 financial year, an increase of 31 per cent over the corresponding period in the last fiscal

ITAT dismisses I-T dept's appeal in BBC India case of AY 2004-05. The Income Tax Appellate Tribunal (ITAT) has dismissed the revenue department's appeal in a transfer pricing case related to BBC World (India) Pvt Ltd for AY 2004-05. The Delhi bench of ITAT upheld the CIT(A)'s ruling that advertisement expenses between gr

India's Glenmark Pharma posts Q2 loss on exceptional legal costs. Glenmark incurred an exceptional cost of Rs 325 crore, during the quarter, related to a legal case settlement with US DoJ, Antitrust Division and remediation costs at manufacturing sites

LIC reports Q2 net profit at Rs 7,925 crore; net premium income down 18.7%. Insurer says numbers not comparable due to change in accounting norms

ONGC Q2 results: Consolidated net profit surges 142% to Rs 16,553 crore. It's wholly-owned subsidiary ONGC Videsh Ltd. (OVL) is the biggest Indian multinational, with 35 Oil & Gas assets in 15 countries

Edtech major Byju's loses unit in US, gains Ranjan Pai as an ally in Aakash. This gave the lenders, which include Redwood Investments LLC and Silver Point Capital LP, the right to replace Riju Raveendran, the founder's brother, from Alpha's board

SoftBank's Vision Fund hikes valuation of Swiggy, Ola Electric, FirstCry. SoftBank's Vision Fund is also increasing its focus on companies which can benefit from the artificial intelligence revolution

Satellite internet to be reality soon: Jio Satellite, OneWeb get licences. Both companies now have pan-India Internet Service Provider (ISP) licences, essential for delivering internet connectivity through satellite or mobile networks, especially at homes and offices

Burmans write to Sebi seeking probe into Religare share sale by chairperson. The Burman family has written to the Securities and Exchange Board of India, seeking a probe into trades in the shares of the Religare Enterprises Ltd by chairperson Rashmi Saluja

Hindustan Aeronautics incorporates JV With Safran for helicopter engines. HAL added that the first opportunities identified are the engines for the Indian Multi-Role Helicopter (IMRH) and Deck Based Multi-Role Helicopter (DBMRH)

AGS Transact Technologies receives an order for 1,350 ATMs from SBI. The company received the order under its banking automation solutions portfolio; SBI to deploy these "AGS" branded ATMs during FY24

Zee-Sony India merger talks stall over disagreement on leadership: Report. A failure to reach an agreement on leadership by December 21 may derail the merger, a news report said.

Signature Global Q2 loss narrows to Rs 20 cr; buys 25 acres in Gurugram. Realty firm Signature Global has posted a consolidated net loss of Rs 19.92 crore in the second quarter of this fiscal and said it will acquire an entity having 25 acres of land in Gurugram at nearly Rs 500 crore enterprise value. Its net loss stood at Rs

Apple supplier Luxshare to invest 0 million more in northern Vietnam. Earlier this year, another Apple supplier, Foxconn, set up a new factory in central Vietnam and raised its investment in the country by 0 million to make electric vehicles and telecom parts

Air India bets on genAI, to introduce more AI features to address queries. Air India plans to introduce sophisticated features to its generative artificial intelligence virtual agent that handles more than 6,000 customer queries daily. The Tata Group-owned airline is using ChatGPT to analyse even some complex questions it may not

CP Gurnani to step down as director of Tech Mahindra on December 20. Along with Gurnani, Vijay Kumar will also step down as the non-executive, non-independent director of the company on December 20

THDCIL inks pacts to develop 3,270 MW renewable energy projects in K'taka. THDC India Ltd (THDCIL) is planning to set up 3,270 megawatts (MWs) of clean energy projects, including pumped storage and floating solar, in Karnataka, its chairman and managing director R K Vishnoi has said. In this regards, the Uttarakhand-based company

M&M Ltd Q2 result: Consolidated net profit at Rs 2,348 cr; revenue up 14%. The total income for Q2FY24 came in at Rs 35,027.23 crore, compared to Rs 30,130.85 crore year-on-year, registering a rise of 16.25%

Lupin, Amman Pharma collaborates for exclusive marketing of Ranibizumab. Lupin Limited has partnered with pharmaceutical manufacturer Amman Pharmaceuticals Industries for exclusive marketing and commercialisation of Ranibizumab in the West Asian region

Hindalco Industries profit remains flat at Rs 2,196 cr in September quarter. Aditya Birla Group's metal flagship Hindalco Industries said its consolidated profit was almost flat at Rs 2,196 crore in the quarter ended September 2023. The company had posted a consolidated profit of Rs 2,205 crore in the July-September period of the p

Welspun Corp's EPIC signs Rs 1,000-cr contract with Saudi Aramco. Homegrown Welspun Corp on Friday said its associate company East Pipes Integrated Company for Industry (EPIC) has signed a contract with Saudi Aramco worth about Rs 1,000 crore for manufacturing and supply of large diameter steel pipes. The total value of

GVK Power and Infra Q2 results: Net profit rises marginally to Rs 156 cr. GVK Power and Infrastructure Ltd on Friday posted a marginal rise of 1.48 per cent in its consolidated net profit to Rs 156.15 crore during the quarter ended September 2023, helped by increased income. It had clocked a net profit of Rs 153.87 crore during

Hero MotoCorp's Munjal used others' forex for self-expenditure abroad: ED. The Enforcement Directorate on Friday alleged that Hero MotoCorp executive chairperson Pawan Kant Munjal used foreign currency issued in the name of others for his personal expenditure abroad to "override" RBI rules and attached his assets worth Rs 24.95 c

Hero Motocorp's Pawan Munjal breached forex limit for personal expenses: ED. Federal agency seizes assets worth Rs 50 cr, including immovable properties worth Rs 25 cr, of businessman

NBCC Q2 net profit falls 16% on provisioning for loss in Gurugram project. State-owned NBCC (India) Ltd has reported a 16 per cent decline in its consolidated net profit to Rs 81.90 crore for the second quarter of this fiscal due to provisioning for expected loss in a Gurugram housing project. Its net profit stood at Rs 97.72 cro

Jaiprakash Power Ventures Q2 results: Net profit dips 9% to Rs 68 cr. Jaiprakash Power Ventures Ltd's consolidated net profit witnessed a nearly nine per cent year-on-year decline to Rs 68.66 crore in the quarter ended September 30, 2023. The consolidated net profit of the company was Rs 75.42 crore in the quarter ended Sept

BCL Industries returns to black, posts net profit of Rs 19 cr in Q2. BCL Industries on Friday returned to black, posting a consolidated net profit of Rs 19.67 crore for September quarter 2023-24. It had clocked a loss of Rs 81 lakh in the year-ago period, the company said in a regulatory filing. Total income increased to Rs

Singapore's CapitaLand secures 5 mn loan for data center in India. "Securing this onshore loan in India would diversify our funding sources and help us to optimise our funding costs," said Sanjeev Dasgupta, CEO of CLINT

Apollo Hospitals posts July-Sept standalone profit after tax of Rs 295 cr. Apollo Hospitals Enterprise Ltd has recorded a standalone profit after tax of Rs 294.8 crore for the three months ended September 30, 2023, the healthcare major said on Friday. Apollo Hospitals reported a standalone profit after tax of Rs 279.1 crore durin

SAIL returns to black, posts Rs 1,305 crore consolidated net profit in Q2. Steel giant SAIL on Friday returned to black, posting a consolidated net profit of Rs 1,305.59 crore for September quarter 2023-24, as higher sales volumes led to increased income. It had incurred Rs 329.36 crore net loss during July-September period a yea

Torrent, Zydus collaborate to bring liver disease treatment to India. Saroglitazar Mg received approval in March 2020 for NASH treatment and later expanded its indications to include NAFLD

Dabur's Burman family seeks probe in sale of share, Religare denies charges. Burman family -- the promoters of Dabur -- has filed a complaint with regulatory authorities seeking a probe into sale of shares by Religare Enterprises Ltd's Chairman Rashmi Saluja. As per the complaint, Saluja sold her share in Religare Enterprises Ltd (

Coal India Q2 results: Consolidated net profit rises 12.5% to Rs 6,799 cr. Coal India Ltd accounts for over 80 per cent of domestic coal output

Srinivasan Services Trust to invest Rs 20 cr in 3-yrs on education infra. Srinivasan Services Trust, the social arm of two and three-wheeler major TVS Motor Company and auto-components maker Sundaram-Clayton Ltd has lined up Rs 20 crore investment plan spread over the next three years, towards renovation of education infrastruct

Black Box reports Rs 32 crore profit after tax in July-September quarter. Sustained momentum in new project bookings to the tune of million during the quarter leads to a robust order backlog, said a company statement

Biocon Q2 results: Net profit zooms over two-fold to Rs 173 crore. Biotechnology major Biocon on Friday said its consolidated net profit rose an over two-fold to Rs 173 crore for the second quarter ended September 30, 2023. The company had reported a net profit of Rs 82 crore for the July-September period of the last fisc

Ranjan Pai invests 8 mn in Byju's Aakash to clear Davidson Kempner debt. Industry sources said that Pai of Manipal Group paid out Davidson Kempner in a bilateral debt transaction

'Post-it' maker 3M India's profit jumps 38% in Q2 on steady demand. It reported a more than 6% rise in revenue from operations to Rs 1,040 crore, helped by a near 5% growth in the transportation and electronics segment

Ranjan Pai buys out Byju's Rs 1,400 cr debt with Davidson Kempner. Manipal Education and Medical Group Chairman Ranjan Pai has also secured a seat on Byju's subsidiary, Aakash

HUDCO Q2 net profit rises 14% to Rs 451.69 cr on higher interest income. State-owned Housing and Urban Development Corporation Ltd (HUDCO) on Friday reported a 14 per cent rise in net profit to Rs 451.69 crore for the September quarter, mainly on account of higher interest income. The company had posted a net profit of Rs 396.3

Brigade Enterprises expects robust broad-based growth in next few quarters. Under real estate, Brigade caters to both residential and commercial spaces. Brigade provides the largest commercial space in Bengaluru at 3.5 million square feet

Philips ramps up investments in India with new innovation hub in Bengaluru. The latest centre of Philips in Bengaluru marks a significant landmark in the company's global footprint, alongside, playing a vital role in "revolutionising" healthcare in India and beyond

CtrlS to invest Rs 250 crore to set up a data center in Uttarakhand. Edge data centers are built close to the users, allowing them to provide a smooth transmission of data to the users

Novavax plans to slash costs by another 0 mn amid sagging demand. Novavax shares rose 3.1% at 10:26 a.m. in New York after the company's third-quarter loss per share and revenue were better than analysts expected

Bajaj Consumer Q2 results: Net profit rises 17.75% to 37.27 crore. FMCG firm Bajaj Consumer Care Ltd on Thursday reported a 17.75 per cent increase in consolidated net profit to Rs 37.27 crore for the September quarter. The company reported a net profit of Rs 31.65 crore in the year-ago period, according to a regulatory f

ICICI Bank gets RBI nod to make ICICI Securities wholly-owned subsidiary. ICICI Bank on Thursday said ICICI Securities will be its wholly owned subsidiary following the approval of the Reserve Bank of India. The ICICI Bank on June 29 had approved a proposal to delist ICICI Securities and become a wholly-owned subsidiary of the b

SJVN concludes first ever e-reverse auction for 1500 MW power projects. State-owned SJVN Ltd on Thursday announced concluding an e-reverse auction process for selecting renewable energy developers for its 1,500-MW power projects. This is the first ever such auction process conducted by SJVN, the company said in a statement. "S

IGE, Archer Aviation partner to launch electric air taxis in India by 2026. Electric air taxi operations in India are subject to regulatory approvals and clearances, the company said in a statement

Adani Ports and SEZ profit rises 4.2% to Rs 1,748 crore in Q2FY24. Net sales of the port operator and logistics company rose by 27.6 per cent Y-o-Y to Rs 6,646 crore. This was a 6.4 per cent increase quarter-on-quarter (Q-o-Q)

InCred secures commitment to raise Rs 500 crore, to join unicorn club. Latest funding round values company at .05 bn

'Fighter' Balkrishan 'BK' Kalra braces for new innings as Genpact CEO. Internally, Kalra is recognized for his track record of building talented and diverse teams, igniting passion, and driving transformation for clients

Zee Entertainment Q2 results: Net profit rises 8.9% to Rs 122.96 crore. Zee Entertainment Enterprise Ltd (ZEEL) on Thursday reported an increase of 8.92 per cent in its consolidated net profit to Rs 122.96 crore for the September quarter. It had posted a net profit of Rs 112.89 crore in the July-September quarter a year ago, a

ABFRL posts Rs 200.34 cr loss for Jul-Sep, sales at Rs 2,509.57 cr. Aditya Birla Fashion and Retail Ltd on Thursday reported a consolidated net loss of Rs 200.34 crore for the second quarter ended September 2023. The company had a net profit of Rs 29.42 crore during the July-September quarter of the previous fiscal, accord

Reliance Industries raises Rs 20,000 crore through 10-year bonds at 7.79%. The majority of the subscribers were large insurance companies, and pension funds, market participants said

Aurobindo Pharma posts 84% jump in Q2 profit on strong overseas demand. India's generic drug makers, which draw a significant share of revenue from the United States, are slowly recovering from the effects of eroding prices in the world's largest drug market

Oxford-AstraZeneca covid vaccine faces legal challenge in UK: Report. The Oxford-AstraZeneca COVID-19 vaccine, known as Vaxzevria in Europe and licensed as Covishield in India, is facing a legal challenge in the High Court in London, a UK media report said on Thursday. According to The Daily Telegraph', UK-based pharmaceutic

Bosch Q2 results: Net profit rises to Rs 999 cr on higher auto parts demand. Indian automakers saw higher demand for passenger and commercial vehicles during the quarter as well as easing semiconductor chip shortage, which helped boost volumes

Saluja's remuneration meets legal, corporate governance norms: Religare. The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price

Reuters denies it had prior knowledge of Oct 7 Hamas attack on Israel. "Reuters staff journalists were not on the ground at the locations referred to in the HonestReporting article.

Nissan, Honda get some relief as weak yen amplifies uptick in sales. It raised its full-year forecast by nearly 13% to 620 billion yen due to a favourable impact of a weak yen and improvements in global retail sales, excluding China

Global VC investments drop 5.4% as VCs remain cautious: KPMG report. The number of deals fell from 9,563 in Q2 CY23 to 7,435 in Q3 CY23, according to data from KPMG's Venture Pulse Q3 2023 report

Go First lenders to challenge move that could let lessors reclaim planes. The Go First bankruptcy filing lists Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank among its lenders

ABB India net profit up 83.7% on back of improved operational performance. New order wins in the quarter ended September 2023 was at Rs 3,004 crore, up 14 per cent from a year ago, with an outstanding order book of Rs 8,008 crore

Coffee Day logs Q2 loss at Rs 109.15 cr on account of exceptional items. Coffee Day Enterprises Ltd on Thursday reported a consolidated net loss of Rs 109.15 crore for the second quarter ended September 2023 on account of exceptional items. It had reported a profit of Rs 4.35 crore in the July-Septemer period a year ago, accord

Ashok Leyland plans to invest Rs 1,200 crore into Switch Mobility. In September 2023, Switch India launched its state-of-the-art e-LCVs

Google fails to improves products until under pressure, US argues. "We didn't know what would happen" with the choice screen, testified Ben Gomes, who was head of Google's search team at the time. "This was trying to figure out what would happen"

Delhi govt's ban may disrupt operations of ride-hailing firms: Uber to LG. Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi and the Transport Commissioner

Lotus Cars launches electric SUV Eletre starting at Rs 2.55 cr in India. Lotus Cars, British manufacturer of high-performance sports cars, has entered the Indian market with the launch of three models of its electric SUV, Eletre, starting at Rs 2.55 crore. The company -- owned by Chinese brand Geely -- on Thursday launched thre

Air India, WorldTicket partner to provide customers air-rail connections. Air India on Thursday said it has entered into an intermodal interline pact with WorldTicket that will offer its customers air-rail connections at 5,600 train stations in Germany with Deutsche Bahn on a single ticket. WorldTicket is the exclusive distribut

Amazon Great Indian Festival has been the biggest ever in history: Tiwary. Amazon India gave customers access to more than 5,000 new launches from top brands

Piramal Enterprise reports net profit of Rs 48 crore in July-Sept quarter. The Net Interest Income (NII) moderated to Rs 750 crore in the quarter under review from Rs 829 crore in the year ago period

Apple suffers setback in fight against European Union's bn tax orde. "The judgment of the General Court on 'tax rulings' adopted by Ireland in relation to Apple should be set aside," he said in a non-binding opinion

Sports tech firm Game Theory acquires Matchday.ai for an undisclosed amount. The sports tech firm said that top athletes have used Matchday's technology to improve their game and the company will now bring this to everyday players

Shriram Life insurance posts Rs 70 cr net profit in first half of 2023-24. Shriram Life Insurance announced an 88 per cent increase in new business premium for retail and group policies in H1FY24 at Rs 860 crore compared to the year-ago period

Disney tops profit estimates, seeks extra billion in cost savings. Runaway expenses and the missing dividend were two key issues raised by activist investor Nelson Peltz, who is once again seeking board representation at the comany

JSW Steel's production grows 12% to 2.32 million tonnes in October. On a yearly basis, production from Indian operations in October grew 9 per cent to 2.23 million tonnes from 2.04 million tonnes

Revolt Motors to provide electric bikes for Adani Green Energy Ltd. According to the company, the deal 'symbolises the essential role businesses play in reducing carbon emissions and embracing environmentally responsible transportation options'

Lupin's net profit jumps nearly four-fold on strong US growth, stock up. US sales cross 0 million for the first time in two years, beat analyst expectations

HC orders tax refund of Rs 1,128 cr to Vodafone Idea; pulls up I-T dept. The Bombay High Court has directed the Income Tax department to refund Rs 1,128 crore to Vodafone Idea Limited paid by the telecom operator in taxes for the assessment year 2016-2017. The assessment order passed by the department in August this year was ti

Pidilite to enter lending business, to acquire promoter group's NBFC firm. Adhesive and construction chemicals manufacturer Pidilite Industries plans to enter the lending business, providing small-value retail loans. To facilitate this, Pidilite Industries, would acquire an existing NBFC -- Pargro Investments, belonging to its Pr

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