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

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

Bharat Dynamics was amongst the top gainers, currently trading at 1231.60 in NSE with 24.284 times change in volumes and 13.99% change in price. Other gainers included Mazagon Dock with 9.999% price change and 0.79 times volumes, Polycab India with 6.431% price change and 5.217 times volumes, Kalyan Jewellers with 6.349% price change and 2.572 times volumes, and Fsn E with 5.307% price change and 2.053 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.

Inox Wind was amongst the top losers, currently trading at 189.30 in NSE with 0.234 times change in volumes and -3.957% change in price. Other losers included Bandhan Bank with -2.559% price change and 2.233 times volumes, Upl with -2.401% price change and 2.528 times volumes, Macrotech Developers with -2.064% price change and 0.715 times volumes, and One 97 with -2.04% price change and 0.977 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.

DGCA analysing special audit report of cash-strapped Go First: Official. The Directorate General of Civil Aviation (DGCA) is analysing the report of the special audit of grounded Go First, which is undergoing insolvency resolution process, a senior official said on Tuesday. Cash-strapped Go First, which had been flying for more

ITC CMD Sanjiv Puri's total salary rose 53% to Rs 16.31 crore in FY23. The total remuneration of ITC Chairman and Managing Director Sanjiv Puri was increased 53.08 per cent to Rs 16.31 crore for financial year 2022-23. Puri drew a basic salary of Rs 2.88 crore, perquisites and other benefits of Rs 57 lakh and a performance bo

Parineeti-backed Clensta raises Rs 75 cr from TradeCred, UAE Royal Family. Personal care startup Clensta International has raised Rs 75 crore in a funding round led by TradeCred and the Royal Family from UAE, the company said on Tuesday. Other investors who participated in the current round include Export-Import Bank of India, Mu

Gautam Adani mulls bidding for Anil Ambani's bankrupt coal plants. Ambani's Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, said sources

SC adjourns Adani-Hindenburg case to Aug 14, the Sebi probe deadline. Senior Advocate Prashant Bhushan, who represents one of the petitioners in the case, says no chance of Sebi proceeding anywhere with probe as "They have done things fatal to the investigation"

Tata group may acquire Wistron's 0-mn iPhone factory by August. The Tatas already have tied up with Apple vendors to manufacture iPhone enclosures, which account for 9-12 per cent of the cost of production of an iPhone

Global spending on Covid predicted to touch 0 bn by 2027: Dr Reddy's. Though the World Health Organisation lifted the emergency tag on COVID-19, global spending on the disease, including research to improve the understanding of long-term complications and the presence of post-acute sequels of the killer virus, is expected to

Share of top-end cars in Mercedes' India sales nearly 2x in 5 years. One in four cars sold by Mercedes in India in H1 2023 is priced above Rs 1.5 cr

Fictiv formalises investment in India as its third manufacturing hub. Digital manufacturing company Fictiv, backed by billionaire investor Bill Gates and tech-cum-manufacturing major Honeywell, on Tuesday announced the opening of its India-based headquarters in Bengaluru. After an initial launch in Pune and positive feedback

Govt floats tender to set up 450,000 tonne green hydrogen facility. Solar Energy Corporation of India (SECI) has floated a tender for setting up a production facility of 4.5 lakh tonne of green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. SECI is a Government of India en

Lupin gets USFDA establishment inspection report for Pithampur facility. Drug firm Lupin on Tuesday said it has received an Establishment Inspection Report from the US health regulator for its Pithampur Unit-2 manufacturing facility. The Establishment Inspection Report (EIR) was issued after the last inspection of the facility,

DGCA puts SpiceJet under 'enhanced surveillance'; airline refutes reports. Aviation watchdog DGCA has put SpiceJet under "enhanced surveillance" amid the budget airline facing multiple financial headwinds in recent months, a senior official said on Tuesday, but the carrier refuted any such development. It also comes against the b

South Eastern Coalfields plans Rs 1,218 cr investment for solar projects. As part of its net zero commitments, Chhattisgarh-based mining company SECL has lined up an investment of Rs 1,218 crore spread up to financial year 2025-26 for setting up solar projects. South Eastern Coalfields Ltd (SECL), with 67 blocks, is among the to

Carbon maker PCBL Q1 consolidated net profit down 15% to Rs 109 crore. Carbon maker PCBL Ltd's consolidated net profit for the first quarter ended June 2023 of the current fiscal was down 15 per cent to Rs 109 crore compared to the same quarter's profit of Rs 126 crore of the previous year, the company said on Tuesday. Revenu

Kinetic Engineering to raise Rs 54 cr from promoters, non-core assets' sale. Kinetic Engineering Ltd on Tuesday said it will raise Rs 54 crore through preferential issue of shares to promoters and sale of non-core assets to cut debt and invest in new business and electric vehicle vertical. The company's board in a recently conclude

CESC reports collecting 82% of electricity bills through digital payment. CESC Ltd, RP Sanjiv Goenka's flagship company, on Tuesday said it has seen a tremendous increase in digital payments, with 82 per cent of its total revenue from electricity bill collection coming from online mode. The company provides a discount of one per

DGCA puts SpiceJet under 'enhanced surveillance' starting June 22. Enhanced surveillance generally includes an increased number of spot checks, especially during the night, the officials mentioned

GST Council meeting: Firms say 28% tax on online gaming a killer blow. Industry stakeholders, including gaming companies and industry bodies, expressed discontentment

BiofuelCircle, PKC to provide non-agri biofuel sources to industry. BiofuelCircle has signed an agreement with Pune Knowledge Cluster (PKC) to provide access to non-agricultural sources of biofuels to industries. BiofuelCircle is the first digital marketplace for biomass and biofuels, while PKC is one of six science & tech

ELGi Equipments brings all-women workforce at 2 assembly lines in TN unit. Elgi Equipments Ltd, manufacturer of air compressors, has introduced assembly lines at its unit in Tamil Nadu entirely operated by women workforce, the company said on Tuesday. The Coimbatore-based company, in a statement, said it reiterates commitment tow

Kotak MF to leverage active plus passive strategy with Quant Fund. This is a first such scheme from Kotak MF

Utkarsh Small Finance Bank raises Rs 222 crore from anchor investors. The price band for the issue is Rs 23-25 per share. At the top end, Utkarsh SFB will have a market cap of Rs 2,740 crore post-dilution

L&T signs Master Ship Repair Agreement with US Navy, to boost Indo-US bond. L&T's Kattupalli Shipyard, near Chennai, a major node in the Southern Defence Corridor, has been undertaking voyage repairs of the Military Sealift Command vessels, the firm said in a statement

Kalpataru Projects International arm completes 100% acquisition of Fasttel. Kalpataru Projects International arm Kalpataru Power Do Brasil Participaes Ltda. (KPBPL) has completed the acquisition of 100 per cent equity stake in Fasttel Engenharia S.A., Brazil. Earlier in 2021, the KPBPL had acquired a 51 per cent stake in Fasttel a

Apple iPhone exports hit top gear, touch Rs 20,000 crore in first quarter. This is half of what it exported in the entire FY23

Usha Martin arm Espana incorporates wholly owned subsidiary in Spain. Usha Martin International Limited (UMIL) has incorporated a wholly-owned subsidiary, Usha Martin Espana, SL, in Spain. Usha Martin Espana, SL will work in the area of distribution, manufacturing, sale and application of metallurgical products, high-perform

Temasek plans to step up investment in India technology, retail firms. EvolutionX Debt Capital, a growth-stage debt financing platform jointly established by Temasek and DBS Bank, provides financing to growth-stage technology-enabled companies

HCA Healthcare says data breach may affect 11 mn patients in 20 states. Medical giant HCA Healthcare, which operates 180 hospitals in the U.S. and Britain, says the personal data of about 11 million patients in 20 states may have been stolen in a data breach. Samples of the data, including addresses, phone numbers, emails and

Amazon Prime Day invite-only deal targets buyer frustration: Report. Shoppers request an invite for discounted items they see on the site - 32% off an Acer Swift X laptop, for example, - and get an email if the deal is still available

Delhi HC defers hearing of Go First against single-judge order on July 12. Under the Insolvency Bankruptcy Code, 2016(IBC), the NCLT is the adjudicating authority on all matters

Minda Corp shares rise as company secures Rs 750 crore order from OEM. During the previous financial year, electric vehicles accounted for nearly 20 per cent of Minda Corporation's total orders.

NCLT dismisses plea seeking insolvency proceedings against Religare. The National Company Law Tribunal (NCLT) on Tuesday dismissed a plea to initiate insolvency proceedings against Religare Enterprises Ltd observing that it was a financial service provider and does not come under the ambit of the Insolvency & Bankruptcy Cod

Foxconn in talks for 2 fab plants as Vedanta joint venture fails. It could bring in a Taiwanese fab firm in a JV

Online platform CarTrade Tech to acquire Sobek Auto for Rs 537 crore. Online auto classified platform CarTrade Tech on Monday said it has inked a pact to acquire Sobek Auto India for a consideration of Rs 537 crore. Sobek is engaged in the business of running an automotive digital platform and a classifieds internet business

Poisoned cough syrup traced to India reveals lapses in regulation. From cough syrup to eyedrops to life-saving medications, quality lapses in one country can now endanger lives elsewhere as never before

Vedanta Resources needs to be proactive about refinancing bn bond: S&P. In April this year, the rating agency said that a credible refinancing plan at least six months before maturity, due in Jan 24, would be important to maintain the current rating

Wadia Group in talks with investors to jointly bid for Go First: Report. The group wants to hedge its bets in the aviation sector and thus wants to partner with a financial investor while holding a majority stake

Narayana to buy stake of Morgan Stanley, BanyanTree in Nspira at Rs 1.4k cr. Morgan Stanley PE and BanyanTree currently hold a 20 per cent stake in Narayana's group firm Nspira Management Services

Suzlon Group bags 47.6 MW wind energy project in Gujarat from KP Group. Renewable energy solutions provider Suzlon Group has bagged an order for a 47.6 MW wind power project from KP Group in Gujarat. However, the company did not disclose the value of the order. The project is located at Vagra in Bharuch district in Gujarat and

Minda Corporation bags Rs 750 cr order to produce EV battery chargers. Auto components maker Minda Corporation Ltd on Tuesday said it has bagged a Rs 750-crore contract from a leading automobile manufacturer to produce battery chargers for electric vehicles. The product will be manufactured at wholly-owned subsidiary Spark Mi

US Navy ship Salvor arrives at L&T Kattupalli shipyard for repairs. Rescue and salvage ship USNS Salvor reached the Larsen and Toubro's Kattupalli Shipyard near Chennai after the signing of the five-year Master Ship Repair Agreement (MSRA) between the US Navy and L&T

Godrej Aerospace in talks to build aircraft parts for Airbus, Boeing. The company expects its civil aviation business to clock revenues of Rs 100 crore in the current fiscal year, making up 35 per cent of Godrej's total revenues

Foxconn to apply for India chipmaking incentives after .5 bn JV pullout. "Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem," the company said

Tata group closes in on deal to become India's first iPhone manufacturer. Tata group is in talks to acquire Wistron's factory in Karnataka, which is potentially valued at over 0 million and employs over 10,000 workers

Jalan-Kalrock's plan for Jet Airways unworkable, lenders tell Supreme Court. The lenders have filed a challenge to the NCLAT order of May 26 which granted the Jalan-Kalrock consortium three-and-a-half months more to make payments

Dr Reddy's to enhance presence in emerging segments like nutraceuticals. Dr Reddy's Laboratories is looking to enhance its presence in various emerging segments like nutraceuticals and aims to get into integrated digital healthcare services as part of its future growth plans. In its Annual Report for 2022-23, the Hyderabad-base

Govt orders inspection of Byju's account books following turmoil: Reports. The Ministry of Corporate Affairs has sought a report in six weeks, said the people, asking not to be named as the information isn't public

Spark Minda receives Rs 750-cr EV battery charger order from leading OEM. The product will be manufactured at Spark Minda's state-of-the-art facility, Spark Minda Green Mobility Systems Private Limited, in Pune

Adani-Hindenburg row: Supreme Court asks Sebi about status of probe. The Supreme Court on Tuesday adjourned the hearing on a batch of pleas on the Adani-Hindenburg row and asked the Securities and Exchange Board of India (SEBI) to circulate its response in which the capital markets regulator has given its views on the recom

Dukaan lays off 90% staff for AI bot: It's absolutely necessary, says CEO. E-commerce startup Dukaan has replaced 90 per cent of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah informed on Tuesday. Attributing the decision to prioritising profitability, he said customer support

Credsquare Technologies to set up R&D hub in Goa; eyes Rs 600 cr funding. Credsquare Technologies Private Limited, a Bengaluru-based artificial intelligence company, on Tuesday said it plans to set up a Research and Development hub in Goa. The move marks the company's commitment towards advancing Make in India artificial intelli

ITC board recommends second term for Sanjiv Puri as company's CMD. The board of ITC Limited has recommended the reappointment of Sanjiv Puri as the company's chairman and managing director for a second term of five years. The resolution seeking his reappointment as chairman and managing director of the diversified conglo

CoinDCX appoints Rajnish Vedi as the new head of customer experience. Rajnish Vedi will work towards improving the net promoter score (NPS) and customer satisfaction score (CSAT) by building seamless customer journeys, and transparent customer communication

White collar hiring dips 3% on cautious recruiter sentiments: Report. White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit. Sectors such as IT (- 19 per cent), BFSI (- 13 per cent), Home

Sebi issues demand notices to 7 entities in Religare Enterprises case. Capital markets regulator Sebi has issued notices to seven entities asking them to pay Rs 4.3 crore within 15 days in a case concerning diversion of funds of Religare Finvest, an arm of Religare Enterprises. In addition, the regulator warned of attachment

ITC's FMCG biz records 21% rise in annual consumer spend at Rs 29,000 cr. Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to nearly Rs 29,000 crore in 2022-23, according to the latest annual report of the company. ITC operates in the FMCG space with 25 home-grown brands. The

Co-working operator 315Work Avenue gives on lease 400 desks in Bengaluru. Co-working operator 315Work Avenue has given on lease 400 desks to a fintech company at its centre in Bengaluru. The company said in a statement that it has leased 400 seats in Bengaluru to a technology and service provider for the financial services indu

Johnson Controls launches tech centre in Bengaluru, will step up hiring. Company for smart and sustainable buildings will help clients achieve net zero carbon emissions

Fresh legal battle brews between Dish TV and lenders on board recast. Lenders, who own a majority stake in the company, have called for removal of the existing two-member board of S Aggarwal and Rashmi Aggarwal

Air India Express flight delayed by 13 hours at Mangaluru airport. An Air India Express flight to Dubai which could not take off from the Mangaluru International Airport (MIA) on Monday due to a technical snag, finally departed on Tuesday afternoon, airport sources said. The flight was scheduled to take off at 11.15 PM on

Temasek Holdings Pte posts worst return in 7 years as markets slump. Temasek's Chief Executive Officer Dilhan Pillay highlighted risks ranging from economic decoupling to protectionism and costs tied to energy security and transition

Abhijit Chakravorty to be new MD & CEO of SBI Cards and Payment Services. Chakravorty, a post graduate in Applied Chemistry, started his banking career as a Probationary Officer with SBI in 1988

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain. Indian airlines such as Indigo and Air India have recently placed orders for 500 and 470 aircraft, respectively

L&T completes transition of 0-mn credit into sustainability-linked loan. Larsen & Toubro (L&T) on Monday said it has completed the "transition" of a USD 150-million term loan into a sustainability-linked loan with Bank of America. Such loans incentivise corporate houses' sustainability performance with lower interest rates. "Th

InfoEdge subsidiary invests Rs 1 cr in healthtech startup BrainSightAI. RedStart Labs (India) has invested close to Rs 1 crore in Bengaluru-based health technology startup BrainSightAI, according to a BSE filing on Monday. RedStart Labs is a wholly-owned subsidiary of technology company InfoEdge. RedStart holds 4 per cent stak

Expressions of Interest sought for possible sale of crisis-hit Go First. The airline, which posted Rs 4,183 crore as total revenues from operations in FY22, ceased operations on May 3 this year

As Foxconn withdraws, Vedanta says other partners lined for chip plant. After withdrawal of Taiwanese electronic contract manufacturer Foxconn from its chip joint venture, Vedanta on Monday asserted that it is fully committed to its semiconductor project and has lined up other partners to set up India's first foundry. Vedanta

Suraksha QR gets 27,000 subscribers within 4 months; eyes 500,000-user mark. Healthtech platform Suraksha QR on Monday said it has acquired 27,000 customers within four months and aims to onboard 5 lakh users, expanding operations to more than 10 states by the end of this fiscal. The Hyderabad-based startup helps its subscribers ge

SAT dismisses plea by Zee's ex-chairman Chandra, CEO Goenka over Sebi ban. An Indian tribunal on Monday dismissed an appeal by former Zee Group Chairman Subhash Chandra and Zee Entertainment CEO Punit Goenka to lift the markets regulator's ban

Europe's Airbus opens new assembly line for small jets in A380's shadow. The A321neo is the largest version of the A320 series of jets, which was relaunched with new engines in 2010 just in time for a boom in demand stoked partly by low interest rates

Start winding-up process for Jet Airways: Lenders tell Supreme Court. The court has scheduled the next hearing in two weeks and has called for a response from the consortium

NCLT reserves order in Zee Entertainment, Sony India merger case. The NCLT approval is an important legal milestone for the merger scheme to come into effect

Primed for Prime Day, Amazon@10 goes from 100 product launches to 45,000. In 2022, the company launched 30,000 products

Utkarsh SFB sets price band of Rs 23-25 per share for its July 12 IPO. The offering includes a provision to reserve 1% of the total issue size for its employees, equating to Rs. 5 crore shares

L&T, Navantia sign teaming deal for Project 75(I) submarines at Rs 43K cr. AIP-driven submarines can remain underwater for up to two weeks before surfacing for battery charging

Life Insurance Corporation's new business premium grows 21% in June. For the 26 private life insurers, the group yearly renewable premium for June grew by 47 per cent to Rs 933.30 crore

SBI to sell 2% equity stake in IPO-bound NSDL through offer for sale. State Bank of India (SBI) on Monday said it proposes to sell 2 per cent stake by offloading 40 lakh shares in depository organisation NSDL. The bank intends to participate in an Initial Public Offering (IPO) of National Securities Depositories Limited (NSD

Quick commerce firm Dunzo defers salaries of 50% workforce for June. Sources say this may trigger a fresh round of job cuts

TPG to buy Forcepoint's govt cyber unit in .45 billion deal: Report. The acquisition would hand TPG control of Forcepoint Global Governments and Critical Infrastructure, which focuses on key infrastructure for US government and federal agencies

Tata Comm to acquire remaining 41.9% stake in OSSE France for Rs 99.3 cr. Tata Communications will acquire the remaining 41.9 per cent stake in eSIM company OSSE France for Rs 99.3 crore, the company said on Monday. Following the transaction, which the company expects to close in about a month, Tata Communications' Singapore-bas

Essar Oil UK to expand fuel distribution into London, South East of England. Essar Oil (UK) Ltd, the leading integrated downstream energy company, on Monday said it has signed an agreement with Essex-based storer of refining petroleum products Oikos Storage Ltd to expand its operations into London and the South East of England. The

Go First lessors can't carry out upkeep, DGCA tells Delhi High Court. According to records, airline is the only entity authorised to maintain planes

Nazara Technologies to raise upto Rs 750 cr through equity shares. Online sports platform Nazara Technologies on Monday said its board has approved raising of up to Rs 750 crore through equity shares. The board, in a meeting held on Monday, also authorised the increase in share capital from Rs 30 crore to Rs 50 crore, acc

British police assess info from BBC over presenter paying teen for photos. British detectives met representatives of the BBC on Monday over allegations that a leading presenter paid a teenager for sexually explicit photos. The UK's publicly funded national broadcaster has suspended the male star, who has not been named, over alle

India raised questions over Foxconn-Vedanta chip incentive plan -source. Taiwan's Foxconn pulled out of a semiconductor joint venture with Vedanta after India's government raised questions over its application for an incentive scheme for chip production

Pakka setting up 0 mn bagasse-based packaging paper plant in Guatemala. Regenerative packaging solutions firm Pakka is setting up a 400 tonne per day bagasse-based packaging paper plant at an investment of USD 250 million (around Rs 2,065 crore) in sugarcane-rich Guatemala, South America. The company, began as Yash Papers in 1

ESAF Small Finance Bank reduces the size of its IPO to Rs 629 crore. The IPO now includes an issue of fresh equity shares amounting to Rs. 486.74 crore and an offer for sale (OFS) of Rs. 142.3 crore

Taylormade Renewables board approves proposal to shift shares to BSE. However, the decision remains subject to necessary approvals and eligibility criteria prescribed by the BSE/SEBI, the company said in a regulatory filing

Dunzo delays salaries of about 500 employees for June month: Report. Reliance Retail and Google-backed logistics and delivery platform Dunzo has deferred payment of the June salaries to about 500 employees, according to sources. Dunzo's top management is expected to be most impacted by the decision, sources said. The develo

Dr Reddy's selects Amazon Web Services as preferred cloud provider. Amazon Web Services (AWS) on Monday announced that Dr. Reddy's Laboratories has selected it as preferred cloud provider to help provide access to affordable and innovative medicines. As part of the collaboration, the company has migrated its SAP platform e

Oppo expects to sell 83% more Reno 10 series than previous version. Smartphone maker Oppo expects its Reno 10 series sales volume to be 83 per cent higher in India compared to the previous version, a senior official of the company said on Monday. The company expects Reno 10 series to set the pace of business during the upc

NCLAT sets aside NCLT order rejecting insolvency plea against Uniworth. The National Company Law Appellate Tribunal on Monday set aside the order of the Kolkata bench of NCLT, which had rejected the plea of Asset Reconstruction Company to initiate insolvency proceedings against Uniworth Textiles Ltd (UTL), and remanded the mat

Foxconn, Vedanta committed to semiconductor mission, says Vaishnaw. Taiwanese electronics manufacturing giant Foxconn and mining behemoth Vedanta are committed to the semiconductor mission and the Make-in-India programme of the country, Union Minister of Electronics and IT Ashwini Vaishnaw said on Monday. The comments came

US private investment firm Bain Capital in talks to acquire Vadilal. Bain Capital is also interested in merging the two Vadilal entities and is valuing Vadilal's ice cream business at over Rs 3,000 crore (3.11 million)

Foxconn walks out of Vedanta joint venture for chip plant in India. Both firms committed to India's semicon mission: Govt

In HDFC Bank integration process, 70% of HDFC top executives to retire. The absence of the leadership from HDFC is likely to make the integration process smoother and faster as the leadership from the HDFC bank will drive the process

More than budget carmaker: Maruti leads Rs 10-20 lakh segment at 23% share. Maruti Suzuki has been pushing for sales in the premium segment via its Nexa outlets as it looks to secure improved profitability, better margins and high-income customers

Go Airlines invites Expression of Interest for possible sale of carrier. The last date for receipt of interest for the airline is set for Aug. 9, according to a advertisement

SAT dismisses promoters' appeal in Zee Entertainment fund diversion case. Tribunal directs founders to respond within two weeks; asks Sebi to appoint new WTM to probe the matter

Mahindra & Mahindra to raise Rs 5,000 crore for its EV business: Report. If the deal goes through, it will be BII's second round of investment in India's biggest sports utility vehicle maker by revenue

Latest stock market News for tomorrow Access previous news reports: 608609610611612613614615616617618619620621622623624625626

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