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NSE share market NEWS tomorrow (03 August, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 August 2023

Bond 8 was amongst the top gainers, currently trading at 44.70 in NSE with 2.85 times change in volumes and 12.594% change in price. Other gainers included Mankind Pharma with 9.102% price change and 2.935 times volumes, Dixon Techno with 7.658% price change and 4.9 times volumes, Abb Power with 6.027% price change and 2.62 times volumes, and Laurus Labs with 5.417% price change and 1.622 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.

Vedanta was amongst the top losers, currently trading at 254.05 in NSE with 21.129 times change in volumes and -6.651% change in price. Other losers included Godrej Properties with -5.23% price change and 1.191 times volumes, Lic Housing with -4.827% price change and 1.718 times volumes, Apl Apollo with -4.706% price change and 1.179 times volumes, and Interglobe Aviatio with -4.582% price change and 4.469 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.

Pinnacle Infotech to expand workforce four-fold to 12,000 in 6 years. Pinnacle Infotech Solutions, an Architectural Engineering and Construction (AEC) IT solutions industry player, on Thursday said it will expand its workforce four-fold to 12,000 in six years, driven by the growing demand amid the threat of a slowdown in the

Broad level of consensus among stakeholders on proposed ecommerce policy. A broad level of consensus has emerged among the concerned stakeholders on the proposed national e-commerce policy, which is under formulation, a senior government official said on Thursday. The commerce and industry ministry on August 2 held a detailed di

IndiGo announces salary hikes for pilots after record profits in Q1. The airline will be rewarding its flight crews following Q1FY24, where they achieved a record net profit of Rs 3,090 crore

S&P Global Ratings revises outlook to negative for Vedanta Resources. S&P Global Ratings on Thursday revised the credit outlook for Vedanta Resources Ltd to negative, citing increased funding risks. The agency has affirmed the 'B-' rating for the company. It indicates a relatively higher credit risk. In a statement, it said

Go First can't fly lessors' aircraft as of now, rules Delhi High Court. The Delhi High Court Thursday said scheduled maintenance cannot be understood to include flying of aircraft and restrained crisis-hit Go First airline to continue with maintenance flights. The high court said the resolution professional (RP) appointed unde

ICAI refers edtech firm Byju's matter to its disciplinary committee. The FRRB under ICAI has the power to review general-purpose financial statements of enterprises and auditor's report

Akzo Nobel India Q1 net profit rises 42% to Rs 110 cr as margins improve. Paints and coatings maker Akzo Nobel India Ltd on Thursday reported a 42.91 per cent increase in its consolidated net profit to Rs 109.9 crore for the quarter ended in June 2023, helped by improvement in margins with softening in raw material costs and dem

Adani Enterprises Q1 profit up 43.6% on the back of improved performance. Despite a sequential decrease, Adani Enterprises recorded significant Y-o-Y profit growth, attributing the success to improved performance and elevated other income

SBI MD bats for allowing special Vostro surplus in corporate bonds. This arrangement for investment has not really picked up in terms of surplus money in the vostro accounts being invested in g-secs, he added

KEC International posts bigger-than-expected Q1 profit on strong demand. Consolidated profit for RPG Group's flagship company rose 36.5% to Rs 42.3 crore (.11 million)

Sun Pharma Q1 PAT dips 2% on one-time expense; US revenues up 12%. Sun Pharma's stock ended flat at Rs 1140.85 on the BSE

On a 10-year high: Bharti Airtel dials Arpu at Rs 200 a month in Q1. The telco had been trying to pull up its average monthly revenue per user by raising tariffs and targeting high-end customers

Eicher Motors Q1 net rises 50%, lines up Rs 1K cr capex for Royal Enfield. Lines up Rs 1,000 crore capex for Royal Enfield

Go First moves SC against HC order granting lessors' access to aircraft. lessors informed high court that future aircraft leasing would be jeopardized if DGCA fails to deregister aircraft whose leases they have terminated

Zomato tastes first ever profit at Rs 2 crore in Q1; revenue soars 71%. "Knowing what we know today, we believe we will continue to deliver over 40 per cent YoY top line (adjusted revenue) growth for at least the next couple of years," said Akshant Goyal

NMDC crossed 40 MT production level in FY23: Steel Minister Scindia. State-owned NMDC has crossed 40 million tonnes (MT) production level in financial year (FY) 2022-23, Union Steel Minister Jyotiraditya Scindia said on Thursday. The minister termed the production level achieved by NMDC as 'a record-breaking' development. "

Promoter entity Twin Star pares 4.1% stake in Vedanta for Rs 3,983 cr. Billionaire Anil Agarwal-promoted Twin Star Holdings on Thursday divested a 4.1 per cent stake in conglomerate Vedanta Ltd for Rs 3,983 crore through an open market transaction. Following the stake sale, shares of Vedanta tumbled 6.71 per cent to close at

Bharti Airtel Q1 results: Net profit flat at Rs 1,612 crore; ARPU at Rs 200. The consolidated revenue for Q1FY24 grew 19 per cent year-on-year (YoY) to Rs 19,746 crore. Ebitda margins improved 271 basis points YoY, reaching 53.7 per cent

Radico Khaitan's profit rises by 10% to Rs 68 crore in Apr-June quarter. Liquor maker Radico Khaitan on Thursday reported a 10.11 per cent increase in its consolidated net profit to Rs 68.26 crore for the June quarter, aided by premiumisation and easing raw material prices. The company had posted a consolidated net profit of Rs

LIC HFC Q1 net profit rises 43% YoY at Rs 1,323.6 crore; NII up 39%. Net interest income sees an increase of 39 per cent, despite disbursements markedly declining in Q1 FY24

Patent infringement case: Oppo challenges Delhi HC order favouring Nokia. Nokia maintained that the 2018 Agreement did not include patents relating to 5G standards

Metropolis Healthcare net profit declines 15% to Rs 29 crore in Q1. Metropolis Healthcare on Thursday said its net profit declined 15 per cent to Rs 29 crore for the first quarter ended June 30, 2023. The diagnostics firm had reported a net profit of Rs 34 crore in the April-June quarter of the last fiscal. Revenue from op

Tesla discusses India plans with commerce minister Goyal in Delhi -sources. Tesla has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at ,000, around 25% cheaper than Tesla's current entry model

Gulf Oil Lubricants India PAT grows 20.8% to Rs 68.30 cr in June quarter. Lubes maker Gulf Oil Lubricants India on Thursday reported a 20.8 per cent growth in standalone Profit After Tax (PAT) at Rs 68.30 crore in the June quarter. The Hinduja Group company had posted a standalone PAT of Rs 56.53 crore in the first quarter of th

Nilkanth Coal Mining bags Sherband coal block in 7th round of auctions. Nilkanth Coal Mining Pvt Ltd (NCMPL) has bagged a coal block under the seventh round of coal auctions launched earlier this year, an official statement said. The coal mine is partially explored, the Ministry of Coal said. Nilkanth Coal Mining has bagged th

Dunzo seller app joins ONDC; aims to onboard 20,000 merchants in 45 days. Quick commerce and logistics app Dunzo's seller arm has joined the Open Network for Digital Commerce (ONDC) and is looking to onboard over 20,000 merchants across verticals in the next 45 days, the company said on Thursday. The seller app, which joined the

Deepak Nitrite's net profit declines by 36% to Rs 150 crore in June quarter. Chemical manufacturing company Deepak Nitrite on Thursday reported a 36.1 per cent decline in consolidated net profit at Rs 149.9 crore for the June quarter. The company's net profit stood at Rs 234.62 crore during the corresponding period of the previous

Torrent enters e-mobility infra space; sets 4 charging stations in Gujarat. Torrent Power on Thursday said it has forayed into the electric mobility infrastructure segment with four charging stations in Gujarat. The first set of charging stations have been installed in Ahmedabad, Torrent Power said in a statement on Thursday. "Tor

Dabur scouting for acquisition targets in D2C healthcare, personal care. Homegrown FMCG major Dabur India is looking for an acquisition in direct-to-consumer (D2C) space, particularly in healthcare and personal care, its Chief Executive Officer Mohit Malhotra said on Thursday. The acquisition will help Dabur to increase its pla

Mamaearth's parent Honasa Consumer gets Sebi's nod to float IPOs. Honasa Consumer and Indegene filed their preliminary IPO papers with Sebi in December 2022

Fintech firm Paytm's average monthly users increase by 19% to 9.3 crore. Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore. Merchant subscriptions stood at 82 lakhs, with 41 lakh new subscriptions over the year, according to the filing. Sequentially, the company saw mercha

Varun Beverages Q2 results: Net profit rises 26.2% YoY, revenue up 13.5%. The company's revenue from operations was up 13.5 per cent to Rs 56,997.34 crore from Rs 50,175.75 crore in the June quarter last year

Dunzo fully integrates seller app onto ONDC, will onboard 20k merchants. Quick commerce firm will provide merchants customer and last-mile logistics delivery support for joining network

MRF Q1FY24 results: Consolidated net profit jumps 376% YoY to Rs 588 crore. The revenue from operations for Q1FY24 came in at Rs 6,440.29 crore, compared to Rs 5,695.93 crore year-on-year

Temasek to invest Rs 1,200 crore in Mahindra Electric via preference shares. With this, the company's valuation will rise 15 per cent from Rs 70,070 crore to Rs 80,580 crore

McDonald's opens first airport drive-thru outlet in Mumbai, to operate 24X7. Fast food chain McDonald's on Thursday opened an outlet in the city's international airport that it claimed is the country's first airport drive-thru restaurant. The outlet, opened by McDonald's India (West & South), is located just 100 meters from Termina

Pepsi India bottler Varun Beverages posts profit growth on steady volumes. The company, which also sells Aquafina packaged bottled water, said its consolidated revenue from operations grew 13.60 per cent to Rs 5,700 crore year-on-year

Zydus Wellness Q1 results: Net profit falls 19.41% YoY to Rs 11,040 cr. Zydus Wellness' revenue from operations fell nearly 0.89% YoY to Rs 69,920 crore from Rs 69,300 crore last year

Adani Group's Ambuja Cements to acquire Sanghi Industries for Rs 5,000 cr. Purchase will entail purchase of 56.74% shares from Sanghi Industries' promoter group

Sterling Tools' June qtr profit jumps 36% to Rs Rs 13 cr, total revenue up. Auto component maker Sterling Tools Ltd on Thursday reported a 36.4 per cent jump in its consolidated Profit After Tax (PAT) at Rs 13.1 crore for the quarter ended June 30. The city-based manufacturer of automotive fasteners and a supplier of Motor Control

Sun Pharma Q1 net profit drops 2% YoY, Revenue up 11%; US sales at 1 mn. Sun Pharma Q1 results: The net profit was reported after accounting for an exceptional loss of Rs 323 crore. EBITDA margin for Q1 came at 27.9 per cent over 26.8 per cent reported in Q1FY23

Dabur India Q1FY24 results: Consolidated net profit up 3.5% to Rs 456 cr. The total income for Q1FY24 came in at Rs 3,240.25 crore, compared to Rs 2,922.98 crore year-on-year

Adani Ent Q1FY24 result: Consolidated net profit up 43% to Rs 673 crore. The revenue from operations for Q1FY24 came in at Rs 25,438.45 crore, compared to Rs 40,844.25 crore year-on-year

Adani Power Q1FY24 results: Net profit up 83.3% YoY, revenue rises 16%. During the quarter, Adani Power achieved an average consolidated plant load factor of 60.1 per cent and sales of 17.5 billion units on an installed capacity of 15,250 MW

Temasek to invest Rs 1,200 cr in M&M EV arm at Rs 80,580 crore valuation. Singapore-based investment firm, Temasek, to acquire 1.49% to 2.97% in Mahindra Electric Automobile Ltd

Achieved 5G rollout obligations in all circles, ready for testing: Jio. After months of 5G network rollout across the country, India's largest telco Reliance Jio has informed the government that it has achieved 5G rollout obligations in all circles, and is ready to be tested as per stipulated parameters. Mukesh Ambani-led Reli

Cognizant Technology to invest billion in Gen AI over three years. The planned investment will cover platforms, personnel, partnerships, IT infrastructure, and mergers and acquisitions

Zomato Q1FY24 results: Food delivery platform reports net profit of Rs 2 cr. Zomato's revenue from operations rose nearly 70.86% YoY to Rs 2,416 crore from Rs 1,414 crore last year

CIEL HR plans IPO by Q4 FY24, looks to raise Rs 800 cr for expansion. HR services firm is separately seeking to raise Rs 200 cre through private equity investments

Blue Star Q1 profit rises over 12% on robust sales, revenue up 12.6%. BENGALURU (Reuters) - Indian air conditioner maker Blue Star on Thursday reported an over-12% rise in first-quarter profit, as a warmer summer led to a rise in sale of air conditioners

Zydus Lifesciences gets USFDA nod for generic rheumatoid arthritis drug. Zydus Lifesciences Ltd on Thursday said it has received final approval from the US health regulator to manufacture and market its generic Indomethacin suppositories indicated for moderate to severe rheumatoid arthritis. The approval by the US Food and Drug

Food industry impacted by high commodity prices: Britannia Industries. FMCG major Britannia Industries Limited said that the food sector in which it operates has been significantly impacted by high commodity prices, rising interest rates and due to the fall out of the Russia-Ukraine conflict. The long term effects of these fa

Maruti Suzuki entry-level hatchback Alto crosses 4.5 million sales mark. Maruti Suzuki India (MSI) on Thursday said its entry-level hatchback Alto has crossed the 45 lakh sales milestone. The company first introduced the model in the year 2000 and by 2004 it became the country's highest-selling car. It crossed the 10 lakh sales

Kalyan Jewellers to open 11 new showrooms this month across many states. Kalyan Jewellers India Ltd will open 11 new showrooms this month as part of the expansion plan. In a regulatory filing, the company announced its expansion plan for August across India with 11 new showrooms. "With this expansion, the jewellery brand will m

Bharti Airtel Q1 results: Net profit flat at Rs 1,612 crore, ARPU at Rs 200. Bharti Airtel's India revenue for Q1FY24 at Rs 26,375 crore, increased by 13.1 per cent

8% of GCCs expect their workforce to double within 2023: NLB Services. Despite the headwinds, GCCs will continue to leverage India's vast pool of skilled professionals to bolster their workforce and fuel their growth trajectory

Cummins India Q1FY24 result: Consolidated net profit up 78% to Rs 353 cr. The revenue from operations for Q1FY24 came in at Rs 2,218.25 crore, compared to Rs 1,695.92 crore year-on-year

Moderna sees up to bn in 2023 Covid vaccine sales on pvt market hopes. Moderna expects billion to billion in sales from its COVID shots this year, up from its previous forecast of billion, driven by potential US demand

Shriram Life insurance posts Rs 35 crore net profit in first quarter. Despite a slight drop in profits, the company sees an 82% surge in total premium earned compared to the previous year

Karnataka Bank Q1 results: Net profit rises 224.7% on better NIMs. The bank saw a marked increase in net interest income and non-interest income during the quarter

Apollo's second-quarter earnings surge 75% on upbeat annuities business. Adjusted net income rose to billion, up from 6 million a year earlier. That translated to an adjusted net income per share of .70, which exceeded the average analyst forecast

Eicher Motors Q1FY24 result: Consolidated net profit up 50% to Rs 918 cr. The revenue from operations for Q1FY24 came in at Rs 3,986.37 crore, compared to Rs 3,397.46 crore year-on-year

Nerolac Paints Q1FY24 result: Consolidated net profit up 382% to Rs 734 cr. The total income for Q1FY24 came in at Rs 2,174 crore, compared to Rs 2,056.20 crore year-on-year

Biz services provider Quess Corp profit falls 29% to Rs 48 crore in Q1. Leading business services provider Quess Corp has reported a 29.41 per cent decline in profit after tax at Rs 48 crore for the June quarter. The company's profit after tax stood at Rs 68 crore in the corresponding quarter of the previous financial year, a

Pristyn Care commences operation in Bangladesh; lines up Rs 100 cr. Healthcare delivery startup Pristyn Care on Thursday said it has commenced operations in Bangladesh and will invest Rs 100 crore over the next two years to expand operations in the neighbouring country. The company plans to have five patient care centres i

Honasa Consumer, healthcare tech firm Indegene get Sebi's nod to float IPOs. Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi's clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and

Murugappa Group's Chola sees 28% rise in first quarter net profit. Chola's Home Loan business disbursed Rs 1,454 crore in Q1 FY24, a substantial 138 per cent growth from Rs 611 crore in Q1 FY23

ChrysCap joins Nirma, Sekhmet in race to snap up Glenmark Life Sciences. Nirma, Sekhmet Pharma also make binding bids

Triveni Turbine net profit rises by 59% to Rs 61 cr in June quarter. Triveni Turbine on Tuesday posted over a 59 per cent rise in its consolidated net profit to Rs 61 crore, mainly due to higher revenues. The consolidated net profit of the company was Rs 38.3 crore in the quarter ended June 2022, a company statement showed.

HSBC India's profit before tax rises nearly 19% to 6 mn from Jan-June. Foreign lender HSBC on Tuesday reported an 18.75 per cent growth in its profit before tax at USD 766 million from India operations in the first half of 2023. The lender, which has 26 branches in the country, had reported a Profit Before Tax (PBT) of USD 64

Metro Brands Q1FY24 results: Net profit at Rs 106 cr YoY; revenue up 11%. The total income for Q1FY24 came in at Rs 571.71 crore, compared to Rs 506.39 crore YoY

Godrej Agrovet posts higher profit at 27.3% for June quarter as costs drop. The company's consolidated net profit rose to 1.05 billion rupees (.8 million) in April-June, from 827.1 million rupees a year ago

Hero MotoCorp July sales: Total sales drop 12% YoY; exports up 35%. Scooters have performed better than motorcycles with sales increasing by 26.45% from 24,292 in July 2022 to 30,718 in July 2023

Thermax misses Q1 profit view with just 1.7% rise on slow sales growth. Thermax on Tuesday posted a marginal rise in its consolidated net profit at Rs 60 crore in the June 2023 quarter. Its consolidated net profit stood at Rs 59 crore in the year-ago period. "The company's consolidated profit after tax (PAT) is Rs 60 crore (Rs

GM recalls 900 vehicles with Takata air bag inflators, blames manufacturing. General Motors is recalling nearly 900 vehicles in the US and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash. The recall covers certain Chevrolet Camaro, Sonic and Volt vehicles as well as the Buick Verano, all from th

Redington reports 21% fall in quarterly profit as expenses mount. Redington reported a 21% fall in quarterly profit, as the technology devices distributor wrestled with higher expenses at a time when demand for work-from-home equipment also slowed

AI powered tool GPT-3 found to reason as good as undergraduate students. GPT-3, the popular AI-powered tool, was found to reason as well as college undergraduate students, scientists have found. The artificial intelligence large language model (LLM) was asked to solve reasoning problems that were typical of intelligence tests a

Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project. State-owned Power Grid Corporation board on Monday approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh. "Board of Directors of POWERGRID in their meeting held on 31st July 2023 have accorded Invest

Jakson Group installs 9 kilowatt solar plant at AIIMS-Delhi premises. Renewable Energy firm Jakson Group has installed a 9-kilowatt solar plant on the premises of AIIMS here as part of an agreement. The project has been set up by its CSR arm Jakson Welfare Trust, Jakson Group said in a statement on Tuesday. The 9 KW solar pr

Orient Cement's net profit declines to Rs 37.03 crore in June quarter. C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore in the April-June quarter a year ago, Orient Cement said in a regulatory fil

Emami expects good growth in personal care, healthcare businesses. Emami Ltd vice-chairman and MD Harsha V Agarwal expressed confidence on Tuesday that the FMCG player will have good growth from its personal care and healthcare businesses in the years ahead and the firm expects to grow at 27.9 per cent compound annual gro

DLF's KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data. Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn't clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that

IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded. All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines

CVS Health Corp to cut 5,000 jobs amid shift away from retail focus. None of the job losses will impact customer-facing positions in stores, pharmacies, clinics or customer services centers, a spokesman for the company said

Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash. Raveendran may partially offload his stake for -90 mn

Commerce minister Piyush Goyal to meet e-commerce firms on Wednesday. Commerce and Industry Minister Piyush Goyal is scheduled to meet representatives of e-commerce firms and domestic traders body CAIT on August 2 to discuss issues related to the sector, an official said. Representatives from different companies including Am

Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter. BENGALURU (Reuters) - Indian jeweller Tribhovandas Bhimji Zaveri reported a nearly five-fold jump in first-quarter profit on Tuesday

Shriram General Insurance reports 37% rise in net profit in June quarter. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24. The insurer on Tuesday said it wrote 13,03,340 policies driven by higher digital selling of traditional and new combo products. Abo

Hiring for white collar jobs in India falls 19% in July, says report. Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak I

DLF's KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%. In June 2020, Singh retired as the realty firm's chairman after nearly six decades

DGCA clears IndiGo's flights to Almaty in Kazakhstan from September 5. Aviation regulator DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan. The country's largest airline by domestic market share has embarked on an ambitious international expansion. In February, the carrier announced plans to s

IDBI Bank moves NCLAT against Zee Entertainment to challenge NCLT order. IDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejected the private lender's plea to initiate insolvency proceedings against the media major. IDBI's petition has been list

Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane. Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July

Bosch Ltd to increase manufacturing in India to pare component import. The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components

Meesho says it removed 42 lakh counterfeit products from its platform. Under this project, Meesho has implemented stringent verification processes, engaged in brand partnerships, and leveraged analytical models for fraud detection

K'taka govt & IBC ink pact to set up recyclable Lithium-ion battery plant. The Karnataka government and US-based International Battery Company (IBC) on Tuesday signed a memorandum of understanding (MoU) to set up a recyclable Lithium-ion battery manufacturing unit at an outlay of Rs 8,000 crores (USD 1 BN) in the state. IBC India

Aditya Birla Group's hospitality arm gets rights for 4 restaurant brands. Aditya Birla Group on Tuesday said its hospitality arm Aditya Birla New Age Hospitality (ABNAH) has acquired the rights for four iconic restaurant brands -- Hakkasan, Yauatcha, Nara Thai and CinCin. ABNAH has acquired KA Hospitality Pvt Ltd (KAH), the comp

Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt. Market regulator Sebi has imposed penalties totalling Rs 13 lakh on two former executives of Wockhardt for flouting insider trading norms. The regulator has slapped a fine of Rs 12 lakh on Yatendra Kumar and Rs 1 lakh on Shashi Kant Tiwari. The order came

Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May. New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country's telecom subscriber base to 1,172.57 million in May, according to a report released by regulator Trai on Tuesday. Subscriber loss of Vodafone

Vistara plane suffers engine damage, was hit by ground service equipment. A Vistara Airbus A320 neo aircraft on Tuesday suffered engine damage after it was hit by a towing tractor at Mumbai airport, according to a source. The plane, which was scheduled to operate a flight from Mumbai to Kolkata, has been grounded and is undergoi

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