NSE share market NEWS tomorrow (06 April, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 April 2023
Indian Energy was amongst the top gainers, currently trading at 150.85 in NSE with 5.285 times change in volumes and 10.513% change in price. Other gainers included Cholamandalam Investment with 7.507% price change and 5.88 times volumes, Godrej Properties with 6.517% price change and 3.644 times volumes, Astral Poly with 5.13% price change and 2.114 times volumes, and Adani Green with 4.996% price change and 0.786 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 273.20 in NSE with 1.412 times change in volumes and -4.559% change in price. Other losers included Avenue Supermarts with -4.344% price change and 1.842 times volumes, Varun Beverages with -4.161% price change and 0.656 times volumes, Dabur India with -4.042% price change and 2.168 times volumes, and Fsn E with -3.952% price change and 0.534 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.
Crisil Ratings upgrades outlook on Jindal Stainless to 'positive'. Jindal Stainless Ltd (JSL) on Thursday said Crisil Ratings has revised its outlook on the stainless steelmaker's long-term bank facilities and debt programme to 'AA' with a positive outlook. The rating agency has revised its outlook in view of the company'
Adani Wilmar's overall oil sales volume drop in Q4 on weaker demand. The company saw smoother supplies of imported edible oils during the quarter with prices cooling off, resulting in higher consumer demand, especially among the rural population
Jefferies taps Barclays's Ashish Jhaveri to help build India M&A team. The hire is part of the US firm's ambition to build an M&A practice in India, where dealmaking has been relatively robust while the business elsewhere slowed to a crawl
Promoter group firms have fully repaid loan against shares, says JSPL. Companies are part of Naveen Jindal group, which is following a deleveraging strategy
First Indian state-backed fund is said close to naming a new CEO. The final decision could be announced as early as this month
HLL Infra Tech Services reports 58% jump in profit to Rs 27.76 cr in FY23. HLL Infra Tech Services Ltd (HITES) has reported a 58 per cent jump in net profit to Rs 27.76 crore in 2022-23 compared to Rs 17.6 crore in FY22 on higher revenue from the infrastructure division, the Health Ministry said on Thursday. The total turnover of
Vedanta arm Zinc International in talks with global banks for .25 billion. Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm
Titan Company's revenue grows by 25% YoY in January-March quarter. Premium brands in watches continued their strong performance with brand Titan and brands in Helios stores registering double-digit growth that were higher than the overall segment
Demand trajectory improved a bit in Q4, green shoots emerged: Dabur. Says some 'green shoots' emerging despite near-term consumption pressure
D-Mart's revenue up by 20.1% to Rs 10,337.12 cr in quarter ending March. The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal, said a regulatory filing from Avenue Supermarts
CCI approves SREI Infrastructure Finance's acquisition by NARCL, IDRCL. Fair-trade regulator CCI on Thursday said it has approved the acquisition of SREI Infrastructure Finance by National Asset Reconstruction Company Ltd and India Debt Resolution Company Ltd. The deal has been cleared under the green channel route. National A
Delivery firm Dunzo secures mn funding, lays off 30% of staff: Report. According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those that can be profitable or are nearing that threshold
Macrotech sells properties worth Rs 12,064 cr in FY23, sales rise 34%. Realty firm Macrotech Developers' sales bookings rose 34 per cent to a record Rs 12,064 crore in the last fiscal, on better demand despite rise in interest rates on home loans. Mumbai-based Macrotech Developers, which sells homes under the Lodha brand, is
Agri-commerce startup WayCool looking to become Rs 6,000-cr entity by FY25. IFC-backed agri-commerce startup WayCool Foods is looking to become a Rs 6,000-crore entity by FY25, up from Rs 2,000 crore in FY23, driven by its fast-growing food products vertical. Chennai-based WayCool was founded by auto industry veteran Karthik Jayar
Anil Agarwal's -bn chipmaking plant dream at risk as hurdles mount. Winning government funding is key to fulfilling Agarwal's chip dream, given his broader empire is facing intensifying financial strain
Curefoods raises Rs 300 cr in round led by Binny Bansal's investment fund. Cloud kitchen company says it will use financing to expand reach and diversify in offline market
Adani Group aims to boost earnings by 50%, cut debt in next 2 fiscals. The move to accelerate earnings growth is being pegged as a significant move amid the aftermath of the short-seller report by Hindenburg Research
Tata Steel saw record operational performance in FY23: CEO T V Narendran. Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran. The company produced 19.87 Million Tonnes (MT) of steel in the last fiscal as again
Vibrant Energy gets over Rs 2,200 cr for its 300MWac wind-solar projects. Vibrant Energy has tied up over Rs 2,200 crore of project financing from state-run Power Finance Corporation (PFC) to build 300 MWac wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy (Vibrant), which develops corporate renewable en
TVS SCS wins UK defence ministry contract for supplying Land Rover spares. Indian company will support the availability and upkeep of the military vehicle
Amazon's .7 billion iRobot purchase faces UK antitrust scrutiny. British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the .7 billion deal. The Competition and Markets Authority said Thursday that it's considering whether the deal will result
Mahindra & Mahindra to bring 40 tractor models under new OJA brand. Mahindra & Mahindra Ltd on Thursday said its tractor division will bring 40 new models under a new brand OJA, built on a lightweight global platform. The Mahindra OJA tractors will focus on both domestic and international markets including the US, Japan an
Alliance, Zuno tie up to provide personal accident covers to Ola drivers. The initiative, which aims to reach 200,000 Ola drivers across the country, has been powered by Alyve Health platform
Nykaa expects BPC biz FY23 revenue growth rates 30%, Q4 performance robust. In its regulatory filing, Nykaa said that in Q4 FY23, against the backdrop of subdued industry growth, Tier 1 consumers have demonstrated sustained consumption
Reliance Retail enters beauty segment with Tira, opens 1st store in Mumbai. Reliance Retail on Wednesday entered into the beauty space with the launch of Tira, an omnichannel beauty retail platform. The country's leading retailer will now compete with the brands like HUL's Lakme, Nykka, Tata and LVMH's Sephora in India's growing b
KKR & Co Inc closes its largest ever European buyout fund at billion. The fund would focus on investments in Western European developed economies, the company said
FedEx combines air, ground, other operations by next year to slash costs. FedEx will combine almost all of its ground, air and other operations by next year as part of a USD 4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companie
India Accelerator announces Dubai foray, will invest mn in start-ups. Incubator will provide start-up founders with four-month training in business growth
ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24. Pegs capital need at Rs 1,000 cr for three years
State-run QatarEnergy to acquire 25% stake in major gas project in Iraq. QatarEnergy, the Gulf country's state-run petroleum firm, said Wednesday it has agreed to buy a 25 per cent stake in a massive gas project in Iraq, marking the rare entry of a major producer into a market that Western firms have pulled back from in recent
Apple's retail store to boost ecosystem experience for users: Experts. Apple sold 2 million iPhones in India in the holiday quarter (Q4) of 2022, registering 18 per cent growth (quarter-on-quarter) for its flagship device
Hyundai Motor to introduce all-new sports utility vehicle in Indian market. Hyundai Motor India on Wednesday said it will introduce an all-new sports utility vehicle in the country. The company currently sells models like Venue, Creta, Alcazar and Tucson in the sports utility segment in the domestic market. "Hyundai has been one o
NODWIN Gaming's Singapore subsidiary acquires 51% stake in Branded. Branded also produces It's A Girl Thing, an empowerment platform and touring festival for young women and Creator World, one of Asia's newest event platforms for young influencer
Reliance Retail launches Tira to take on Nykaa, Tata Cliq in beauty space. Tata Group also recently entered the beauty space and launched its app and website - Tata Cliq Palette
Honda Motorcycle & Scooter India shuffles top management ahead of EV foray. HMSI is establishing a new scooter manufacturing line at its Vithalpur factory in Gujarat. This is expected to boost its exports from India
Avalon Technologies' IPO gets subscribed 9% on second day of offer. Avalon Technologies' initial share sale received a lukewarm response from investors, with the offer getting subscribed 9 per cent on the second day of subscription on Wednesday. The Initial Public Offering (IPO) received bids for 10.77 lakh equity shares a
Hero MotoCorp offers VRS for its staff, targets leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'
EV maker e-Sprinto to roll out 4 new high-speed scooters this year. Electric two-wheeler maker e-Sprinto on Wednesday said it is looking to roll out four new high-speed scooters this year. Among the four new e-scooters, including Sprinto HS, one will cater to the B2B sector while the remaining three will be for B2C segment
MCL beats Chhattisgarh-based SECL in coal production for second year. The SECL was holding the top position till FY21. Its output, however, dropped to 142.5 mt in FY22, only to be overtaken by MCL with coal production of 168.2 mt
Blue Star aims to corner 15% share in residential AC market by FY25. Blue Star aims to corner around 15 per cent share of the residential air conditioner market in terms of value as the cooling products maker expands its product portfolio and distribution network, its Managing Director B Thiagarajan said on Wednesday. The c
Adani Ports closes FY23 with 9% higher cargo at 339 million metric tonnes. Container rakes handled by the logistics arm of the company crossed 500,000 TEUs in the previous fiscal, showing a growth of 24 per cent
Embattled Adani Group trumpets stable ties with international lenders. Several of the banks already have business relationships with the group, ties which the conglomerate has previously pointed to as a sign of its strength to counter Hindenburg's allegations
Yes Bank records credit growth of 11% Rs 2.01 trn in March quarter. Yes Bank on Wednesday said it has reported a credit growth of 11.3 per cent at Rs 2.01 lakh crore for the March 2023 quarter. The outstanding credit was Rs 1.81 lakh crore at the end of March 31, 2022, Yes Bank said in a regulatory filing. The lender regis
Infosys collaborates with LexisNexis to provide end-to-end IT services. Infosys on Wednesday said it has extended collaboration with data and analytics company LexisNexis to provide information services across their range of content, enterprise and product applications. Infosys will provide LexisNexis end-to-end strategic IT s
Tata Steel output grows 3% to 7.77 MT in Q4; sales fall 3.43% to 7.59 MT.. Tata Steel India's production increased to 5.15 MT during the said quarter from 4.90 MT in January-March 2021-22 and tts sales rose marginally to 5.15 MT from 5.12 MT a year ago
Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23. Growth from tier 1 consumer have demonstrated sustained consumption
Seshagiri Rao retires, steps down from JSW Steel board after 24 years. Rao superannuated from the services of the company and consequently stepped down from the board, the company said
Iron Pillar raises 9 mn to invest in global cloud firms from India. The venture capital firm said this is the first-ever Series B / C stage fund focused on investing in global cloud software companies from India
Vendors sue Twitter for thousands of dollars in unpaid bills. Elon Musk-run Twitter has been sued by a group of vendors who allege that the micro-blogging platform has failed to pay tens of thousands of dollars in unpaid bills
Paytm reports quarterly GMV rise of 40% in Q4FY23, loan disbursal up 253%. The value of total loans disbursed by Paytm jumped 253% from Rs 3,553 crore in Q4FY22 to Rs 12,554 crore in Q4FY23
Paytm stock gains as gross merchandise value rises 40% in March quarter. Firms says it has hit a new milestone in offline payments with 6.8 million devices deployed
Reliance Retail ropes in former Amul chief RS Sodhi to drive grocery biz. In January, Sodhi stepped down from the role of MD of GCMMF
GQG Partners sees billion Adani bet delivering returns over 100%. The Adani Group lost as much as 3 billion in market value after a US short-seller accused the conglomerate of stock-price manipulation
Reliance, Jio raise bn in largest syndicated loan in India: Report. Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of USD 5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said. Reliance last week raised USD 3 billion from 55 ba
Hindalco recalibrates capex to .5 bn from .9 bn, cites challenges. Cut in growth capex sign of low confidence on operating cash flows, says Kotak Institutional Securities report
Adani Ports ends FY23 with 9% growth, largest port cargo volume ever. Billionaire Gautam Adani's Adani Ports and Special Economic Zone Ltd (APSEZ) on Wednesday reported 9 per cent growth in cargo handling at seaports it operates for fiscal year ended March 31. At 339 million tonne, this is the largest port cargo ever, APSEZ
Speciale Invest announces new Rs 200 crore fund for deep tech start-ups. Speciale Invest, a venture capital firm that has funded space and technology startups such as Agnikul Cosmos and QNu Labs, on Wednesday announced a new fund with a Rs 200 crore corpus to provide series A and above funding to initiatives in the deep-tech se
Smartr Logistics looking to raise mn in Series A funding by August. Smartr Logistics is expecting to raise USD 30 million in Series A funding round by August this year to drive its aggressive expansion plans which include adding pin codes and services offering among others, a top company executive has said. The city-based
IKF Finance raises Rs 250 cr from Accion's Digital Transformation Fund. IKF is among the few lenders to have grown consistently and delivered profits across economic cycles. Despite Covid and other macro headwinds, IKF has grown by as much as 40% in the past few years
Amp Energy to set up 1 GW capacity under PLI scheme for manufacturing. Amp Energy India on Wednesday said it has bagged 1 GW capacity for integrating cell and module manufacturing under the government's performance-linked incentive (PLI) scheme. Solar Energy Corporation of India Limited (SECI) is a nodal agency of the central
Waaree Renewable Tech bags order to build 221.8 MW solar power project. Waaree Renewable Technologies on Wednesday said it has bagged an order to build a 221.8 MWp solar power project from a steel maker. "We have received a Letter of Award (LoA) from one of India's leading steel manufacturing companies for the execution of Eng
Cyient shares jump 5% in mid-session trade after firm rejigs top leadership. Shares of Cyient on Wednesday jumped 5 per cent in the mid-session trade after the IT company rejigged its top management. The stock of the firm zoomed 5.07 per cent in the mid-session trade at Rs 1,045 apiece on the BSE. During the intra-day trade, the st
Honda Motor announces top management changes its Indian two-wheeler arm. Japanese auto major Honda Motor Co Ltd on Wednesday announced top management changes in its Indian two-wheeler arm with the appointment of Tsutsumu Otani as the President, CEO & Managing Director of Honda Motorcycle & Scooter India. Otani, also a Vice Pres
India's Godrej Consumer Products estimates double-digit Q4 sales growth. India's Godrej Consumer Products Ltd on Wednesday estimated its sales grew in double digits in the 4th quarter, led by strong domestic demand for its home and personal care products
Godrej Consumer Products expects Q4 growth on improved consumer demand. Growth in domestic business exceeds expectations, says maker of Cinthol soaps
Poonawalla Fincorp registers highest disbursement of Rs 6,370 cr in Q4 FY23. Adar Poonawalla-controlled non-banking finance company Poonawalla Fincorp on Wednesday said its total disbursement grew 151 per cent year-on-year to record Rs 6,370 crore in the March 2023 quarter. Its assets under management (AUM) increased by 37 per cent
State-owned CIL aims to supply 610 MT coal to power plants in FY24. State-owned Coal India Ltd (CIL) on Wednesday said it is aiming to supply 610 million tonne coal to power plants in the current fiscal. In the just concluded financial year 2022-23, the miner supplied a record 586.6 million tonne (MT) dry fuel to coal-fire
Google-owned YouTube adds dedicated 'Podcasts' tab to channel pages. Channel pages on YouTube's main website and mobile apps now include a "Podcasts" tab between "Live" and "Playlists", which according to Google, is available globally
Walmart bets on supply-chain automation, dangles profit potential. Walmart says its revamped supply chain will enable it to ease cost pressures tied to the rise of e-commerce and help end a decade of stagnation in US operating income
Amul India's former MD Sodhi joins Reliance Retail's grocery division. R.S. Sodhi, former managing director of India's largest dairy brand Amul, has joined the grocery division of Reliance Industries retail unit, a person with direct knowledge of the matter told Reuters
Amazon.com Inc lays off about 100 employees in its gaming divisions. Amazon has struggled to capitalize on its resources in gaming, including through its Crown channel, an entertainment show on the Twitch streaming service
Tata International appoints Rajeev Singhal as Chief Operating Officer. Tata Group's trading and distribution arm Tata International on Tuesday announced the appointment of Rajeev Singhal as its Chief Operating Officer. He assumed office from April 1, 2023 and will report to Tata International Ltd Managing Director Anand Sen,
Isuzu Motors names Rajesh Mittal as new head of India operations. Isuzu Motors India on Tuesday said it has appointed Rajesh Mittal as the new President. Mittal, the first person of Indian origin to head the country operations, succeeds Wataru Nakano who takes over as a Head of Isuzu operations in Vietnam. Mittal joined
B2B apparel platform Zyod raises .5 mn in seed funding from Lightspeed. FJ Labs, Panthera Peak Capital, and select angels also participated
Training helps new employees accomplish goals in one-fifth of time: Report. Only one in nine companies believe that the training doesn't add value to new employee productivity
Honda Motorcycle & Scooter India records 34.5% sales decline in March. Honda Motorcycle & Scooter India on Tuesday reported a 34.5 per cent decline in total sales at 2,11,978 units in March 2023 as compared to 3,23,434 units in the same month last year. Domestic sales were at 1,97,512 units last month as against 3,09,550 unit
Wipro Consumer revenue tops Rs 10,000 cr in FY23 on growth across segments. The firm's India business grew 17%, while the Malaysia personal care biz grew over 20% and Vietnam crossed 0 mn in revenue, with double-digit growth
Meta pauses hirings after mass layoffs, no longer listing remote positions. After laying off 21,000 employees in two job cut rounds, Meta is further looking to cut costs, and has reportedly plans to lower bonus payouts for some workers in its 'Year of Efficiency'
Venture debt platform Blacksoil announces raising mn in fresh capital. Company says it start-ups looking for support amid funding winter are turning to venture debt
Capex cannot be driven by public investment, says industry body Assocham. Industry body Assocham on Monday said capital expenditure cannot be driven largely by public investment and the private sector must participate to increase investments in India's economy. Prime Minister Narendra Modi last month urged India Inc to increase
V3 Ventures plans to invest 30 mn euros in Indian start-ups. London-based V3 Ventures on Tuesday announced that it will invest around 30 per cent of its EUR 100 million fund in early-stage start-ups in India in the next 12-18 months. V3 Ventures, Co-Founder and Investment Partner, Arjun Vaidya said that the company
TVS Motor Company's Singapore arm to buy 25% stake in Killwatt GmbH. TVS Motor Company on Tuesday said its Singapore-based arm will acquire a 25 per cent stake in Germany-based electric mobility products and components startup Killwatt GmbH. TVS Motor (Singapore) Pte Ltd, has agreed to acquire a 25 per cent stake in Killwat
Eastern Railway's revenue sees 21.17% jump to Rs 10, 502 cr in FY'23. The Eastern Railway on Tuesday said it has earned a total revenue of Rs 10,501.99 crore in the 2022-23 financial year, registering a 21.17 per cent growth over Rs 8,667.12 crore mop-up in the previous fiscal. In passenger revenue, ER has earned Rs 3,272.67
JP Morgan puts HCL on 'negative catalyst watch' ahead of Q4 results. JP Morgan on Tuesday placed Indian IT services provider HCL Technologies Ltd on "negative catalyst watch" ahead of the earnings season, citing the highest near-term risks for the company
India has 3rd highest number of billionaires in the world, shows Forbes. India, which has the third-most billionaires, with 169, had a more mixed year. Indian billionaires as a group - worth 5 billion - are billion poorer than in 2022
Britannia Industries declares interim dividend of Rs 72 per share for FY23. Leading bakery foods company Britannia Industries on Tuesday announced an interim dividend of Rs 72 per equity share for FY 2022-23. The board of the company in its meeting held on Tuesday declared an interim dividend of 7200% i.e, Rs 72 per equity share o
3.1 mn jobs shortfall in cybersecurity, skill shortage hits Indian firms. The '2023 Global Cybersecurity Skills Gap Report' also found that 24 per cent of Indian organisations experienced five or more breaches
After bn, Reliance Industries, Jio raise bn foreign exchange loan. Barely days after signing a USD 3 billion financing in India's most widely syndicated loan, Reliance Industries Ltd and its unit Reliance Jio Infocomm have raised USD 2 billion add-on foreign currency facility at most competitive rates, sources said. The U
Mumbai-based alternative credit platform BlackSoil raises mn. BlackSoil, a Mumbai-based alternative credit platform, on Tuesday said it has raised over USD 25 million (about Rs 205 crore) through its diverse debt products. The platform secured funding from banks, family offices, corporate treasuries, and high-net-wor
Inox Air ropes in TP Saurya Bandita to set up 40 MW captive solar plant. INOX Air Products on Tuesday said it has signed an agreement with TP Saurya Bandita Ltd to set up a 40 MW captive solar plant at Dhule in Maharashtra. TP Saurya Bandita is a special-purpose vehicle of Tata Power Renewable Energy Ltd (TPREL). In a statement
MOIL's output grows 6% to 1.3 MT in FY23, 14% higher capex utilised. State-owned MOIL has registered a 6 per cent rise in its manganese ore production to 13.02 lakh tonnes (LT) in 2022-23. The company also utilised 14 per cent higher capital expenditure in the financial year that ended March 31 over 2021-22, the Ministry of
State-owned NBFC firm REC raises 0 mn through issuance of green bonds. State-owned non-banking finance firm REC Ltd has raised USD 750 million through issuance of green bonds. The expected settlement date for these bonds is April 11, 2023. "REC Ltd under its USD 7 billion Global Medium Term Note Programme, has priced and iss
Bajaj Finance booked highest ever new loans in FY23 at 29.6 million. AUM grew 29% YoY in Q4 to Rs 2.47 trillion
HDFC Ltd records 12% loan growth at Rs 9,340 cr in March quarter. Mortgage lender HDFC Ltd on Tuesday said it has reported a 11.6 per cent rise in loans at Rs 9,340 crore in the March quarter. The corporation had assigned (sold) loans amounting to Rs 8,367 crore in the year-ago period, HDFC Ltd said in a regulatory filin
Grasim Industries receives Rs 5,000 cr three term loan from Axis Bank. Grasim Industries, the flagship company of the Aditya Birla Group, on Tuesday announced entering into three term loan agreements totalling Rs 5,000 crore to finance capital expenditure and repayment of existing loans. It has executed agreements for a secur
FAITH urges govt to withdraw TCS hike on packages announced in Finance Bill. Tourism and hospitality body FAITH on Tuesday urged the government to roll back the increase in Tax Collected at Source on overseas tour packages announced in the Finance Bill 2023. The Finance Bill, through the Budget 2023-24, amended Section 206C of the
L'Oreal to buy luxury cosmetics brand Aesop in .5 billion deal. At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics
Karur Vysya Bank to offer SBI Life Insurance products at its branches. Private sector Karur Vysya Bank has inked a pact with SBI Life Insurance to offer their insurance products to customers at its branches, the bank said on Tuesday. The Tamil Nadu-based bank offers a range of financial services through similar tie-ups with l
Kolkata Port profit up 152% in FY23; test run to Myanmar's Sittwe port soon. Kolkata port, now known as Syama Prasad Mookerjee Port, on Tuesday announced that it has handled 65.66 million tonnes of cargo in the 2022-23 financial year, up by 12.87 per cent. It clocked a net surplus (profit) of Rs 304 crore in FY'23, increasing by ov
Amazon removes 6 mn counterfeit items globally from supply chains. E-commerce major Amazon removed six million counterfeit items globally from the supply chain in 2022, the company said in a report on Tuesday. The e-commerce firm said that it stopped over 800,000 attempts to create new selling accounts in 2022, preventing
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