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

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

Bse was amongst the top gainers, currently trading at 669.40 in NSE with 12.327 times change in volumes and 9.999% change in price. Other gainers included Suzlon Energy with 9.804% price change and 1.495 times volumes, Jsw Energy with 5.958% price change and 2.55 times volumes, Canara Bank with 5.516% price change and 4.481 times volumes, and Inox Wind with 5.234% price change and 3.556 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.

Persistent Systems was amongst the top losers, currently trading at 4861.75 in NSE with 1.019 times change in volumes and -2.979% change in price. Other losers included Cummins India with -2.735% price change and 0.411 times volumes, Bandhan Bank with -2.727% price change and 0.654 times volumes, Manappuram Finance with -2.682% price change and 0.529 times volumes, and Laurus Labs with -2.632% price change and 1.356 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.

AltF Coworking starts 2 centres with 1,600 office desks in Noida, Gurugram. AltF Coworking has started two new centres with a total capacity of nearly 1,600 desks in Noida and Gurugram as part of its expansion plan amid rising demand for flexible workspace from corporates. The company has signed up 1.5 lakh square feet area in a o

Investcorp makes addl Rs 500 crore investment in NDR Warehousing. Investcorp, a global investment manager specialising in alternative investments, has pumped in Rs 500 crore more into NDR Warehousing. This is the second investment that the fund has made into the warehouse development and operating platform. It had invest

IIHL approves capital raising of up to .5 bn for strategic objectives. IIHL is likely to be listed by 2024 which would give trading options to its shareholders who have been with the company for over three decades

Microchip Technology to invest 0 million to expand India operations. For starts, opens R&D unit in Hyderabad on 168,000 sq ft with capacity to house 1,000 employees

Bank of Maharashtra clocks credit growth of 25% at Rs 1.75 trn in June. State-owned Bank of Maharashtra (BoM) on Monday said it has posted a credit growth of 24.93 per cent at Rs 1.75 lakh crore in the June quarter. The outstanding credit was Rs 1.40 lakh crore at the end of June 30, 2022, BoM said in a regulatory filing. The

Cos operating in India must abide by local regulations: Paytm Founder. Joining the debate on data localisation, Paytm Founder and CEO Vijay Shekhar Sharma on Monday said companies operating in India should abide by rules and regulations laid down by the country, and also have an obligation to protect data of citizens. Startup

IndusInd holding co to raise .5 bn to fund RCap buy, increase stake. Hinduja group-owned IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, on Monday announced a USD 1.5-billion capital raising plan to fund the proposed acquisition of Reliance Capital and increase its stake in the lender. The board of th

Kyndryl aims to grow consulting business to 15% of top line by 2025. Kyndryl Consult was established as a separate unit in November last year which combines Kyndryl's consulting expertise with its technology integration solutions

Murugappa Group posts 24% rise in net profit to Rs 6,846 crore in 2022-23. The group registered a growth of 35.8 per cent in turnover during the year to Rs 74,220 crore compared to Rs 54,648 crore in 2021-22

Quick Heal Technologies appoints Vishal Salvi as CEO with immediate effect. Global cybersecurity solutions provider Quick Heal Technologies on Monday announced the appointment of Vishal Salvi as the new chief executive officer with immediate effect. Salvi, a former Infosys executive, brings with him over 29 years of experience in

Hero MotoCorp rides in with 'most affordable' Harley at Rs 2.3 lakh. Pawan Munjal, Executive Chairman, Hero MotoCorp, told reporters, "Right now, focus clearly is on Harley-Davidson X440 for Indian consumer and for the Indian market. We are going one step at a time"

APSEZ cargo handling grows by 11.5% to 101.4 MMT in April-June FY24. Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has handled 101.4 million metric tonnes (MMT) of cargo during the first quarter of FY24. At 101.4 MMT, the cargo handling was 11.5 per cent higher over April-June period of preceding 2022-

Delhi HC rules in favour of Nokia in patent infringement case against Oppo. Nokia claims that Oppo is the world's second-largest manufacturer of smartphones having overtaken Apple and Oppo's sales in India account for around 23 per cent of its global sales

Ahead of IPO, Senco Gold collects over Rs 121 cr from anchor investors. Jewellery retail player Senco Gold Ltd on Monday said it has mobilised Rs 121.5 crore from anchor investors ahead of its initial share sale. The company has allocated 38.33 lakh shares to 21 funds at an average price of Rs 317 apiece, according to a circul

Jio launches Jio Bharat 4G phone at Rs 999 to make India '2G-mukt'. Also announces a monthly plan of Rs 123, against rivals' cheapest plan of Rs 199

IIHL to raise .5 bn to fund RCap buy, increase holding in IndusInd Bank. Referring to Reliance Capital's acquisition, IIHL said the administrator of the company had issued the duly signed letter of intent

Work on Micron Technologies' unit to start in 45 days: Ashwini Vaishnaw. One new 5G tower going live every minute, 270,000 5G radios installed, says minister

Tube Investments forays into small commercial electric vehicle segment. Signs deal to acquire 50% stake in Jayem Auto

Zee, IndusInd settle dues; NCLAT disposes of NCLT insolvency order. The appellate tribunal also told both parties to pay their dues to the Interim Resolution Professional

Torrent begins pilot project for blending green hydrogen with natural gas. Torrent Power on Monday said it is working on a pilot project for blending green hydrogen with natural gas in the city gas distribution (CGD) network. The pilot project underway in Gorakhpur, Uttar Pradesh, is expected to complete in 8 months, the company

IDFC First Bank to merge with IDFC, makes India's largest corporate deal. The share exchange ratio will result in a premium of about 20 per cent on the closing market price of the shares of IDFC vis-a-vis IDFC First Bank as of June 30, 2023

Mumbai-based investment firm A91 Partners invests million in KaarTech. IT consulting company KaarTech on Monday said it raised USD 30 million, about Rs 245 crore, from Mumbai-based investment firm A91 Partners. Gautam Mago and Kaushik Anand from A91 Partners will join the board of KaarTech. "The partnership with A91 will cata

Biocon Biologics biosimilar available in US, to treat inflammatory diseases. Biocon Biologics, a subsidiary of Biocon, on Monday said its biosimilar to treat certain inflammatory diseases is now available in the US market. The company said HULIO (adalimumab) injection, a biosimilar to Humira (adalimumab), is now available to patien

Startups Intellectual Property Rights Protection to promote innovation: MoS. Jitendra Singh said, there is a huge round of encouragement and promotion both for StartUps in terms of being innovative and entrepreneurs, the press release said

M&M overall sales up 15% in June, SUV sales rise 22%; exports down by 10%. Three-wheeler sales were also up by 59% and reached 6,377 units in June 2023 from 4,008 units in June 2022

Ashok Leyland June total sales up 5% at 15,221 units, CV sales jump 10%. Commercial vehicles maker Ashok Leyland on Monday reported a 5 per cent rise in total vehicle sales in June at 15,221 units. In the year-ago period, total vehicle sales of the company stood at 14,531 units. Total domestic sales were higher by 7 per cent at

APSEZ reports 11.5% jump in total cargo volumes in April-June quarter. The cargo handling in June was, however, lower at 32.8 MMT as compared to 36 MMT in May

Tata Motors to hike prices of PVs from July 17 to offset input costs. Tata Motors on Monday said it will hike prices of its passenger vehicles with effect from July 17. The company will increase prices of its passenger vehicles (including EVs) by an average of 0.6 per cent across models and variants, Tata Motors said in a st

Audi India posts 97% jump in sales at 3,474 units in first half of 2023. German luxury car manufacturer Audi on Monday reported a 97 per cent jump in retail sales in India at 3,474 units in the first half of 2023, as compared to the same period last year. The company had sold 1,765 units in the January to June period in 2022, A

IIFL Finance raised 5 million in June from HSBC, Union Bank and BoB. With a borrowing of 0 million in March, the total borrowing in 2023-24 (FY24) so far has reached 5 million

IndusInd Bank says all dues cleared by ZEEL, NCLAT disposes of appeal. The tribunal has asked both parties to pay the cost of the interim resolution professional for the period the case was under the resolution process

Mahindra Lifespaces gets into plotted development with 'Lakefront Estates'. The project is designed to provide an ideal, customised living experience with green open spaces and access to excellent infrastructure and facilities, said the company

Spicejet repays last Rs 25 cr to settle City Union Bank's Rs 100 cr loan. Last year, the airline had agreed to repay all its due by June 2023

Prestige Estates plans to make 5 mn housing project debut in Indian mkt. Prestige has, for years, focussed on its home turf of Bengaluru and a few south Indian cities, developing more than 280 residential, commercial, retail and hospitality projects

Digital consulting firm KaarTech raises mn in funding from A91 Partners. Chennai-based B2B company says it will use money to expand business in international markets

Tata Group job opening ads for UK cell developer hints at local factory. The plant is set to make batteries for Jaguar Land Rover's planned range o fully electric models that are due from 2024.

Govt calls off strategic disinvestment of Pawan Hans, says DIPAM. The government had decided to sell 51% stake in Pawan Hans to Star9 Mobility Private Ltd for Rs 211.14 crore in May 2022

Settl FY23 revenue jumps two-fold to Rs 17cr, to add 3,000 beds by March. Co-living operator Setll has clocked over two-fold jump in its revenue last fiscal to nearly Rs 17 crore and plans to expand its capacity by 2.5 times to 5,000 beds by March next year. The company, which focuses on providing quality rental accommodations t

Audi sales nearly double in H1 of CY2023 on surge in premium car demand. Pre-owned business grows 53% YoY; company starts initiative for EV owners that gves them acccess to multiple electric partners on a single app

Govt calls off strategic disinvestment of Pawan Hans, scraps firm's bid. Majority owner in consortium that won stake sale for state-owned helicopter operator faces legal trouble

Manganese major MOIL sees record quarterly production in April-June 2023. The month of June saw record production of 150,000 MT, the best-ever production of any June month since its inception

VE Commercial Vehicles reports 6.5% rise in sales at 6,715 units in June. VE Commercial Vehicles Ltd on Monday reported a 6.5 per cent growth in sales at 6,715 units in June 2023. The company, a joint venture between the Volvo Group and Eicher Motors, had sold 6,307 units in June 2022, VE Commercial Vehicles (VECV) said in a sta

FEMA case: Reliance ADA Group chairman Anil Ambani appears before ED. Reliance ADA Group Chairman Anil Ambani on Monday appeared before the Enforcement Directorate (ED) here in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Ambani, 64, deposed at the o

Rebel Foods enters Saudi, aims to build 0 mn food delivery biz in 3 yrs. Home-grown food-tech company Rebel Foods, with brands like Faasos and Behrouz Biryani, on Monday announced its foray in Saudi Arabia and said it aims to become a USD 100 million food delivery business over the next three years. This foray is in partnership

Mahindra Lifespaces forays into plotted development; to start in Chennai. Realty firm Mahindra Lifespaces Developers Ltd on Monday announced its foray into plotted developments and launched first project in Chennai to sell plots to customers in a 19-acre project. The company has come up with first plotted development project 'La

Serentica Renewables inks pacts to supply green energy to industries. Serentica Renewables on Monday said it has signed agreements with multiple industrial customers for delivery of over 1.25 GW green energy. This is in addition to the 580 MW PDAs that were signed in March 2023, the company said in a statement. "Serentica ha

Lupin receives US regulator's approval for Cyanocobalamin nasal spray. The nasal spray manufactured by Lupin is a generic version of Nascobal nasal spray

Hero Realty sells 77 plots in Gurugram project for Rs 180 cr in single day. Hero Realty has sold all 77 plots for about Rs 180 crore in its newly launched project in Gurugram. All the plots were sold on June 29, the first day of the launch itself. The selling price starts from Rs 1.99 crore and onwards. Hero Realty has launched a

TVS expects growth momentum to continue this fiscal, economy likely to grow. TVS Motor Company expects growth momentum to continue in the current fiscal, with the overall economy anticipated to grow at a robust pace and a continuous improvement in the road infrastructure. According to the company, the premium bikes and scooter segm

Welspun India to see over two-fold rise in domestic business by 2026. During the last financial year, the company's income dipped by around 12 per cent to Rs 8,215 crore from Rs 9,377 crore in 2021-22

Ajanta Pharma looks to expand ops in high-growth Asian, African geographies. As part of its growth plans, Ajanta Pharma is looking to enhance its presence across select geographies with high growth potential in Asia and Africa. In its Annual Report for 2022-23, the Mumbai-based drug maker stated that it intends to rely on its stren

Lenders may move NCLT on Reliance Naval & Engineering debt resolution. In talks with Hazel Mercantile to extend the deadline of payment

GQG Partners ups stake in two Adani cos to above 5%, shows confidence. US-based boutique investment firm GQG Partners has ramped up its shareholding in two Adani group companies to more than 5 per cent in signs of its confidence in the group despite the damning report of a US short seller. On June 28, GQG bought USD 1 billion

TMB failed to file details of Rs 3,610 cr deals due to tech glitch: sources. The bank has now submitted all the required documents, may not invite any penalty

Domestic automakers accelerate employment of women in shop floors. Homegrown automakers Tata Motors, Mahindra & Mahindra, Ashok Leyland and Hero MotoCorp are accelerating the drive to employ more women in shop floors as they press hard on the pedal to enhance diversity. Once outsiders but no longer, thousands of women are

Addverb eyes Rs 8,000 cr revenue; to invest Rs 500 cr in manufacturing. Reliance Retail-owned robotics firm Addverb expects to cross Rs 8,000-crore revenue mark in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said. Addverb Technologies co-founder and CEO

Facebook action on quarter of individual grievances, Insta on 40% in May. Social media giant Meta's Facebook took action against only around 27 per cent of complaints it received from users and Instagram against less than half of total grievances raised by users in May 2023, according to the company's latest India Monthly Report

Tesla sales jump 83% from a year ago on tax credits, broader adoption. Tesla's second-quarter deliveries rose 83 per cent from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of US government tax credits. The Austin, Texas, producer of EV, solar panels and ba

Twitter blocks people from viewing tweets, profiles unless registered. In April, Musk temporarily disabled likes, replies and retweets if a tweet had a link to Substack, the newsletter platform. After complaints, Musk then reversed that change

Apple makes Wall St history as first company with market value over trn. The iPhone maker briefly rose above the trillion level in early 2022, although it failed to close above it, and that peak marked the start of a downtrend that has now been fully erased

Weekend Bites: A tale of two TCSes, and the life of Byju Raveendran. In which we munch over the week's platter of news and views

Edtech start-up Byju's and lenders renew talks to restructure .2 bn loan. Byju's and its lenders have been mired in a conflict for several months following rounds of failed negotiations to revamp its loan agreement

MG Motor India reports 14% increase in retail sales at 5,125 units in June. MG Motor India on Saturday reported 14 per cent increase in retail sales at 5,125 units in June 2023 as compared to the same month last year. The company had posted a retail sales of 4,504 units in June 2022, MG Motor India said in a statement. "Supplies w

Toyota Kirloskar reports 19% rise in retail sales at 19,608 units in June. Toyota Kirloskar Motor (TKM) on Saturday said its wholesales increased 19 per cent to 19,608 units in June as compared with 16,512 units in the year ago period. Domestic dispatches stood at 18,237 units while overseas shipments rose to 1,371 units last mon

Sebi penalises promoter entity of ZEEL for certain disclosure lapses. Sebi has penalised Cyquator Media Services, a promoter entity of ZEE Entertainment Enterprises Ltd (ZEEL), for certain disclosure lapses. A fine of Rs 4 lakh has been imposed on Cyquator for failing to make adequate disclosures regarding certain trades in

Hyundai Motor reports 5% rise in retail sales at 65,601 units in June. Hyundai Motor India Ltd (HMIL) on Saturday said its total wholesales increased 5 per cent to 65,601 units in June 2023. The automaker had dispatched a total of 62,351 units to dealers in June 2022. Domestic sales rose 2 per cent to 50,001 units last month

Maruti Suzuki reports 2% rise in retail sales at 159,418 units in June. The country's largest carmaker Maruti Suzuki India (MSI) on Saturday reported 2 per cent increase in total wholesales at 1,59,418 units in June. The company had dispatched 1,55,857 units to dealers in June 2022, MSI said in a statement. Last month, the com

HDFC Bank starts rebranding HDFC Ltd offices, branches after merger. HDFC Bank started rebranding offices of erstwhile HDFC Ltd with its colours on Saturday, on the first day of operations as a merged entity. Branding at all over the 500 offices and branches of the home loan major started getting the HDFC Bank look from Sat

SC to decide if resolution professionals can be tried under Corruption Act. The Supreme Court has sought a response from the CBI on a plea against a Jharkhand High Court order that a resolution professional appointed under the Insolvency and Bankruptcy Code is a 'public servant' and can be tried under the Prevention of Corruption

We've become language agnostic: PVR on growing market of non-English films. Language is no longer a barrier when it comes to good content, says Sanjeev Kumar Bijli, Executive Director, PVR INOX Ltd, who has acquired Sundance Film Festival breakout "Past Lives" for India release. "Past Lives", by first time director Celine Song, is

Sundaram-Clayton picks up additional stake in Emerald Haven Realty Ltd. Auto component manufacturer Sundaram-Clayton Ltd has acquired an additional stake of 11.20 per cent in its subsidiary Emerald Haven Realty Ltd, the company said on Saturday. Emerald Haven Realty Ltd is engaged in real estate development under the brand TVS

Nokia renews patent license agreement with Apple, covering 5G, other tech. Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023. The deal, which enables Apple to use the

Mistry, Karnad to join HDFC Bank board, CFO Rangan to be executive director. The merger of HDFC with HDFC Bank created a banking behemoth with a market cap of 0 billion - the fourth largest bank in the world

NTPC's captive coal mines production nearly doubles to 8.48 MMT in Apr-Jun. The production from captive coal mines of NTPC almost doubled to 8.48 million metric tonnes (MMT) in the first quarter of FY24, a statement said on Saturday. NTPC produced 4.27 MMT coal from its captive mines in Q1 FY23, the company said in the statement.

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan. The bank will set up a grievance committee to hear the concerns of anyone who wishes to air their woes

Royal Enfield total sales increases by 26% to 77,109 units in June. Royal Enfield on Saturday said its total sales increased by 26 per cent to 77,109 units in June. The company dispatched 61,407 units to dealers in June 2022. Domestic sales rose 34 per cent to 67,495 units compared to 50,265 units in the year-ago period, t

Honda Cars' domestic wholesales declines by 35% to 5,080 units in June. Honda Cars India on Saturday said its domestic wholesales declined by 35 per cent to 5,080 units in June. The automaker sold 7,834 units in the domestic market in June 2022. Exports declined to 2,112 units last month from 2,502 units in June last year. "Ou

PNB partners with Amul to support dealership network under MUDRA scheme. State-owned Punjab National Bank (PNB) on Saturday said it has partnered with Gujarat Cooperative Milk Marketing Federation Ltd (GCMMFL), better known as Amul, to offer financial services to federation's supply network pan-India under the MUDRA scheme. A m

Siemens acquires Mass-Tech Controls Private's EV division for Rs 38 cr. Siemens Limited on Saturday said it has completed the acquisition of the electric vehicle division of Mass-Tech Controls Private Ltd for Rs 38 crore. Siemens is a technology company focused on industry, infrastructure, transport as well as transmission and

State-owned NMDC iron ore output grows 20% 10.70 MT in April-June. State-owned NMDC has posted 20 per cent growth in iron ore production to 10.70 million tonne (MT) in the first quarter of FY24. NMDC produced 8.92 MT of iron ore during April-June of FY23, the company said in a regulatory filing. Sales rose to 11.15 MT fro

IREDA posts 36% YoY growth in loan sanctions at Rs 32,586 cr: CMD PK Das. State-owned IREDA has reported over 36 per cent year-on-year growth in loan sanction at Rs 32,586.60 crore in FY23, its CMD Pradip Kumar Das said. The company has also posted a 34.65 per cent year-on-year rise in loan disbursement at Rs 21,639.21 crore dur

UltraTech Cement Q1 consolidated sales increased by 19.64% to 29.96 MT. Leading cement maker UltraTech's consolidated sales increased 19.64 per cent to 29.96 million tonne (MT) in the first quarter ended June 2023. The company produced 25.04 MT of cement in the April-June quarter a year ago, Aditya Birla Group firm said in a r

Merger raises HDFC Bank's total business to over Rs 41 trn in FY23. The reverse merger of HDFC with its subsidiary HDFC Bank effective Saturday has increased the total business of the merged entity to over Rs 41 lakh crore, closer to the country's biggest lender SBI. The total business (deposit and advances) of State Bank

TCS: Forex dealers, tour package sellers to collect remittance undertakings. The government on Friday said foreign exchange dealers and sellers of overseas tour packages will have to take an "undertaking" from their customers about their past remittances and overseas visits made in a fiscal for the purpose of deducting TCS. The Inc

HDFC-HDFC Bank merger: On global stage today, 0 bn banking giant. Boards of both companies give their final approval for amalgamation

Vedanta to conduct strategic review of steel, raw material businesses. Vedanta Ltd on Friday said it will conduct a strategic review of its steel and steel raw material businesses. In a regulatory filing, the company said it has also engaged advisors to assist in this review. "The company has decided to initiate a strategic r

JCI plans e-auction jute trading platform to modernise supply chain. Jute Corporation of India (JCI) on Friday said it was working on an e-auction platform in jute trading to modernise the supply chain of the environment-friendly fibre. The Corporation said it was geared up for MSP (minimum support price) operation for the

IndiGo adds flights to Abu Dhabi, Dubai from Lucknow airport from July 12. IndiGo will add two non-stop daily flights to Abu Dhabi and Dubai from the Lucknow airport starting July 12, officials said on Friday. After the flights to Abu Dhabi and Dubai are added both onward and return the average international flights at the airp

Colgate-Palmolive focusing on premiumisation as part of growth strategy. Colgate-Palmolive (India) Ltd is looking at opportunities to drive premiumisation in the health, therapeutic toothpaste and oral beauty segments for metro and urban cities, as per the latest annual report of the company. Colgate-Palmolive (India) Ltd (CPIL

HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares. HDFC Ltd on Friday said it has acquired an additional 0.5097 per cent stake in HDFC Ergo to make it a subsidiary. HDFC Limited acquired 36,42,290 equity shares of HDFC Ergo, representing 0.5097 per cent of its total issued and paid-up share capital from ER

Punjab National Bank raises Rs 3,090 cr from bonds to fund business growth. State-owned Punjab National Bank on Friday said it has raised Rs 3,090 crore from Basel III compliant Tier-II capital Bonds to fund business growth. These bonds would carry a coupon rate of 7.74 per cent per annum, PNB said in a regulatory filing. The issu

Paytm partners with Shriram Finance to strengthen its loan distribution biz. Now, Shriram Finance products will be available on Paytm's platform

Edtech giant Byju's to raise funds by paring stake in subsidiary Aakash. According to a media report by ET Now, Byju's parent firm Think & Learn is planning to sell almost 20 per cent stake in the company

Reliance Industries, bp start production from third field in KG-D6 block. At peak capacity, block to account for one third of India's domestic gas production

Global mergers & acquisitions plunge in Q2 but dealmakers see green shoots. NEW YORK/LONDON (Reuters) -Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the second quarter, but investment bankers and lawyers expressed optimism that the stock market's recovery will gradually restore chief executives' dealmakin

BlackRock, MIT etc invest Rs 1,750 cr in Aditya Birla Capital QIP. Finance company raises total Rs 3,000 cr in equity

Warburg Pincus sells shares of telecom major Bharti Airtel for Rs 1,649 cr. Warburg Pincus on Friday sold shares of telecom major Bharti Airtel for Rs 1,649 crore through an open market transaction. Lion Meadow Investment Ltd, an affiliate of private equity firm Warburg Pincus disposed of shares of Bharti Airtel. According to the

HDFC buys additional stake in insurance firm HDFC ERGO to make it an arm. According to RBI rules, a bank can hold either below 30 per cent or above 50 per cent stake in insurance ventures

Sebi imposes Rs 30 lakh penalty on Vedanta Ltd for incorrect disclosures. Markets regulator Sebi on Friday imposed a fine of Rs 30 lakh on Vedanta Ltd for failing to provide correct disclosures, including on its website, in relation to certain announcements made by the company last year. In a 24-page order, Sebi said the act of

HDFC posts 9% year-on-year growth in managed assets till June-end. The loans outstanding that qualify as priority sector loans under banking norms stood at about Rs 1.1 trillion, HDFC said in filing with BSE

Latest stock market News for tomorrow Access previous news reports: 614615616617618619620621622623624625626627628629630631632

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