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NSE share market NEWS tomorrow (13 March, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 March, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 March 2023

Tech Mahindra was amongst the top gainers, currently trading at 1133.80 in NSE with 9.337 times change in volumes and 6.836% change in price. Other gainers included Adani Green with 4.995% price change and 0.334 times volumes, Delhivery with 2.565% price change and 1.024 times volumes, Abb Power with 1.473% price change and 1.52 times volumes, and Kaynes Technology with 1.416% price change and 1.315 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.

Kalyan Jewellers was amongst the top losers, currently trading at 107.70 in NSE with 4.325 times change in volumes and -7.474% change in price. Other losers included Indusind Bank with -7.399% price change and 3.76 times volumes, Sona Blw with -6.899% price change and 11.006 times volumes, Inox Wind with -5.573% price change and 1.264 times volumes, and Rbl Bank with -5.197% price change and 1.505 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.

IBC provisions cannot be turned into debt recovery proceeding: NCLAT. The National Company Law Appellate Tribunal on Monday said the provisions of the Insolvency & Bankruptcy Code (IBC) cannot be turned into a debt recovery proceeding as the idea of this special code is to bring a debtor company back on its feet. Setting asi

Welspun One Logistics Parks launches second fund of Rs 2,000 crore. Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industrial realty, on Monday launched its second fund of Rs 2,000 crore, including a green shoe option of Rs 1,000 crore. Welspun launched the fi

Ayurveda firm TAC raises Rs 100 cr in funding for business expansion. Company will use money for manufacturing, research, expanding offline presence

Embassy Office Parks REIT to invest Rs 300 crore on green initiatives. Embassy Office Parks REIT on Monday said it has committed over Rs 300 crore for ongoing green initiatives across its commercial projects. In a regulatory filing, Embassy REIT informed that the company has "committed over Rs 300 crore to its ESG (environmen

Govt has not set up any committee to probe Adani Group, says minister. The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate inv

With US govt action, looming risks to Indian startups have passed: MoS IT. Minister of State for IT Rajeev Chandrasekhar on Monday said that with US Government's latest action on Silicon Valley Bank, the looming risks to Indian startups have passed, as he added that the learning for Indian startups from this crisis is to trust In

SVB fallout: US admin's statement positive outcome, says Nazara Tech CEO. Nazara Tech, whose two step-down subsidiaries have Rs 64 crore deposits in Silicon Valley Bank, on Monday said the US administration's statements on protecting depositors for the entire amount is a "positive outcome" and gives confidence about the recovery

NCLAT set aside Nike India's plea to initiate insolvency against its dealer. The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed a petition filed by Nike India to initiate insolvency proceedings against one of its dealers. A two-member NCLAT bench upheld the orders of the National Company Law Tribunal (NCLT), wh

GAIL declares interim dividend of 40% for financial year ending 2022-23. India's largest gas firm GAIL on Monday declared an interim dividend of 40 per cent or Rs 4 per equity share for the financial year ending March 31 (2022-23). The total dividend payout would be Rs 2,630 crore, the company said in a statement after its boar

JAL approaches NCLAT against NCLT order on Jaypee Infratech matter. Jaiprakash Associates has approached the insolvency appellate tribunal NCLAT against the NCLT order relating to the distribution of Rs 750 crore in the Jaypee Infrastructure matter. The amount was deposited with the Supreme Court registry by Jaiprakash Ass

BharatPe strongly denies out-of-court settlement talks with Ashneer Grover. Fintech platform BharatPe on Monday said that there are no settlement talks going on between the company and its former founder and Managing Director Ashneer Grover

Koo launches new feature to enable creators to compose posts using ChatGPT. India's microblogging platform Koo on Monday announced that it has launched a new feature to enable creators to compose and draft posts using ChatGPT. The feature is available to eminent or verified profiles on Koo and will be rolled out to all users soon,

Blackstone sells 20.50% stake in Sona BLW Precision for Rs 4,917 crore. Private equity firm Blackstone on Monday sold its 20.50 per cent stake in auto component maker Sona BLW Precision Forgings for Rs 4,917 crore through an open market transaction. Blackstone, through its affiliate Singapore VII Topco III Pte Ltd offloaded th

Kedaara buys majority stake in Oliva Skin & Hair Clinic for million. Oliva Skin & Hair Clinic, which is a medico-aesthetic dermatology services player, has said it has sold majority stake to Kedaara Capital for a consideration of USD 65 million (around Rs 530 crore). With its third investment in the single speciality health

SVB resolution reassuring, will bring relief to startups: Ashwini Vaishnaw. Amid US administration's move to protect depositors of Silicon Valley Bank, IT Minister Ashwini Vaishnaw on Monday said that the SVB resolution is "reassuring" and will bring relief to startups. The Biden administration has announced that depositors of the

Firms that didn't sign Google contracts became extinct, says CCI. Google's alleged anti-competitive agreements prohibited original equipment manufacturers from producing a version of the OS that had not been approved as Android-compatible by Google

Paytm monthly transacting users surge to 89 mn, leads offline payments. Leading digital payments and financial services company Paytm on Monday announced its business operating performance for the two months ended February 2023

Hyundai Motor considers buying General Motors India's Talegaon plant assets. A Term Sheet has been signed for the potential acquisition of identified assets of the plant like land and building, certain machinery and equipment situated at the General Motors India's plant

SaaS firm Freshworks says exposure to Silicon Valley Bank minimal. Chennai-based company says 'vast majority' of its finances not held at failed US lender

Nokia join hands with Netplus to deliver broadband services in India. Nokia on Monday announced that it has entered into a partnership with Netplus Broadband, an Internet Service Provider (ISP), to deliver future-proof and world-class broadband services in India

Fitch Affirms 'BBB-' ratings for Adani Electricity Mumbai's dollar bond. Hindenburg report has limited near-term impact on cost of funding

SVB collapse brings Softbank's startup financing under investors' lens. Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that sits at the heart of Silicon Valley's venture capital ecosystem

BrightNight, ACEN ink 0 mn pact for India renewables buildout. Renewable power producer BrightNight on Monday announced its partnership with ACEN Corporation and plan to deploy USD 250 million equity for the development and operation of BrightNight's 1.2 GW renewable energy portfolio. BrightNight and ACEN will partner

SC to hear Torrent plea against NCLAT allowing 2nd RCap auction on March 20. The second-round auction, scheduled for March 20, will not take place now, further delaying the resolution process of RCAP

Warehousing developer Pragati Group raises 0mn from Singapore based fund. / -- NCR-based Industrial and Logistics real estate developer Pragati Group, has raised 0 Million of equity capital from a Private Equity fund based in Singapore. Pragati has been offering customized warehouse development solutions since its inception i

Shriram Finance aims to raise .44 bn in FY24 to fund growth: Official. The retail non-banking finance company (NBFC) aims to grow its assets under management (AUM) by 15% in fiscal 2024 to around 1.9 trillion rupees to 2 trillion rupees

Hyundai signs agreement to acquire General Motors 's Talegaon plant. Maharashtra facility can produce 1.3 million cars and 1.6 million engines annually

LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 cr. LIC's debt exposure in Adani group companies fell marginally to Rs 6,183 crore as of March 5 from Rs 6,347 crore as of December 31, 2022, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman said, "The

Mahindra & Mahindra sells over 6% stake in Mahindra CIE Automotive. Mahindra & Mahindra on Monday said it has sold over 6 per cent stake in Mahindra CIE Automotive. The company has sold 2,29,80,000 equity shares representing 6.05 per cent of the paid-up share capital of Mahindra CIE Automotive Ltd, a listed unit of the com

Pfizer to acquire Seagen for bn to deepen reach into treating cancer. Pfizer will spend USD 43 billion to buy Seagen and deepen its reach into treating cancer. The pharmaceutical giant said Monday that it will pay USD 229 per Seagen share. Together, Pfizer and Seagen seek to accelerate the next generation of cancer breakthro

RCap insolvency: SC agrees to hear Torrent plea against NCLAT order. Hearing on March 20; second round of auction of RCap auctions allowed by NCLAT stand deferred, say lawyers

Top headlines: India-Australia trade pact, SVB collapse, and more. Business Standard brings you the latest headlines at this hour

Silicon Valley Bank fallout: Paying staff first challenge for start-ups. Y Combinator says over 100,000 jobs within its community at risk

Godrej Locks and Architectural Fittings aim 24% growth in current fiscal. Godrej Locks and Architectural Fittings is looking at clocking Rs 1,100 crore turnover this fiscal, a 24 per cent year-on-year growth, a senior company official has said. Talking to reporters in Panaji on Saturday, Shyam Motwani, Business Head, Godrej Lock

Adani block deal helps FPIs investment into equities turn positive in March. Reversing their selling trend, foreign investors have infused over Rs 13,500 crore in the Indian equities so far this month primarily driven by bulk investment from US-based GQG Partners in the Adani Group companies. This came following a net outflow of Rs

Lenders to miss March-end deadline to resolve key insolvency cases. Once an account is settled with the highest bidder paying their bid amount, then it frees part of bank's locked fund in an account which could be used for lending purposes

Welspun India seeking opportunity in kids segment through pact with Disney. Home textiles major Welspun India is seeking to tap opportunities in the kids segment through its licensing pact with The Walt Disney Company, according to Welspun's CEO and Joint Managing Director Dipali Goenka. The company, which had signed a brand licen

SVB collapse: Union Minister to meet startups to see how govt can help. As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar

Indian soft drink market likely to see significant growth: Varun Beverages. The Indian soft drink market is expected to see "significant growth" as consumption is anticipated to increase steadily, which will deliver sustainable and healthy volume growth across all product categories, said Varun Beverages Ltd (VBL), PepsiCo's large

Bank of Maharashtra cuts home loan rate to 8.4% from existing 8.6%. State-owned Bank of Maharashtra (BoM) on Sunday announced a reduction in the interest rate on home loans to 8.4 per cent from the existing 8.6 per cent. The new rate is effective from March 13, 2023, BoM said in a statement. The home loan at 8.4 per cent m

India's chemical demand likely to jump to ,000 billion by 2040: Report. India is likely to account for more than a fifth of incremental global consumption for chemicals over the next two decades as domestic demand is projected to rise to USD 1,000 billion by 2040, McKinsey said in a report. In the report titled 'India: The nex

Managing director Mohanty named LIC interim chairperson as Kumar era ends. Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from depleted value of its holdings in Adani group

Government of Gujarat promoted companies: A success story. The state is consistently ranked among top three in terms of attracting capital investment including foreign direct investment

Adani Group prepays entire financing for Ambuja Cements acquisition. The promoters have also prepaid a 0-million facility taken for Ambuja acquisition financing

Hybrid energy project likely to start by 2024, says Jindal Stainless MD. The 300 MW hybrid project in partnership with ReNew is expected to commence operation in the next 18 months, Jindal Stainless Managing Director Abhyuday Jindal has said. In December 2022, Jindal Stainless Ltd (JSL) partnered with ReNew to develop the propo

Govt likely to miss divestment target as Hindustan Zinc sale delayed. With the government's offer for sale plans in HZL in limbo, it is unlikely that the disinvestment would happen by March

MSCI ESG Research flags governance risks at Adani Group, changes assessment. "On March 3, we downgraded our assessment of the Hindenburg-related controversy cases to 'moderate' from 'minor' following new developments in the relevant cases

Tech Mahindra names former Infosys President Mohit Joshi as MD and CEO. The board of directors has approved the appointment for a period of five years with effect from December 20, 2023 to December 19, 2028 (both days inclusive)

PhonePe reaches trn annualised payment value run rate, gets licence. Digital payments platform PhonePe has achieved an annualised total payment value run rate of USD 1 trillion, or Rs 84 lakh crore, mainly on account of its lead in UPI transactions, the company said on Saturday. The company claims to have digitised over 35

Telehealth startup Cerebral shares data of 3.1 mn patients with advertisers. US-based telehealth startup Cerebral has disclosed that it shared the private health information, including mental health assessments, of more than 3.1 mn patients in country

Godrej Industries plans to raise Rs 1,000 cr via bonds pvt placement basis. Godrej Industries, part of Godrej Group, plans to raise Rs 1,000 crore through an issue of bonds on a private placement basis. "The management committee of the board of directors of the company has on March 10, 2023, inter alia, approved the placement memo

WhatsApp to roll out 'approve new participants' feature to beta testers. Meta-owned WhatsApp is reportedly rolling out a new feature -- "approve new participants" in group settings for some beta testers on Android and iOS

Inker Robotics secures .2 million funding under Kerala StartUp Mission. Kerala-based Inker Robotics, under the Kerala StartUp Mission, which deals with research and delivery in robotics and futuristic technology education, has secured a USD 1.2 million funding. The company has secured USD 1.2 million in a pre-series fundraisin

Study shows online 'personal brands' are key to job success for Gen Z. Generation Z, people born between 1997-2012, perceive online "personal brands" as a crucial tool to gain more advantage in job markets, new research reveals

Brakes India unveils new ZAP brake pads exclusively designed for EVs. Manufacturers of braking equipment for automotive and non-automotive applications, Brakes India has unveiled ZAP brake pads with advanced friction technology for electric vehicles, the company said on Saturday. The ZAP brake pads with enhanced corrosion pr

Microsoft to unveil GPT-4 next week ability to create AI-generated videos. Microsoft plans to release GPT-4 as early as next week, with the ability to create AI-generated videos from simple text prompts

Govt appoints Siddhartha Mohanty as interim chairman of LIC: Report. Government appointed Siddhartha Mohanty, the managing director and chief executive officer of LIC Housing Finance, as the MD of Life Insurance Corporation for three months, according to media report

Air India gets DGCA nod for cross utilisation of wide-body pilots. Aviation regulator DGCA has approved Air India's long-pending request to allow the same pilots to operate two types of Boeing wide-body aircraft, according to officials. Initially, Air India can train a total of eight designated examiners for operating Boe

SVB Financial Group tells employees to work from home until further notice. Essential and branch employees are excluded from the request to work from home

Second commercial project in Chennai almost complete, says realty major DLF. Realty major DLF is in advanced stage of completing its second commercial project 'DLF Downtown' being set up at an outlay of Rs 3,200 crore in the city in a move that would strengthen its presence here, a top official said on Friday. The project aimed at

Moody's lowers Vedanta Resources' rating, flags rising refinancing risks. Rating agency maintains negative outlook on firm

Ford Motor Co to cut 1,100 jobs in Spain after other European layoffs. Ford Motor Co. announced Friday that it will cut around 1,100 jobs at its plant in the eastern Spanish city of Valencia. The cuts are in addition to the 2,300 layoffs largely in Germany and the U.K. that the automaker announced last month as part of a lean

Moderna to hire around 2,000 employees amid mRNA development push. The firm had about 3,900 full-time employees as of Dec. 31, according to a regulatory filing

Uber, Ola act on SC directive, apply for aggregator licence in Maharashtra. Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for aggregator licences, a Regional Transport Office (RTO) official said here on Friday. Sets of guidelines brought out by the Centre and the Maharashtra government mand

Sebi revokes securities market ban on 8 former promoter entities of DHFL. Sebi on Friday revoked the securities market ban imposed on eight former promoter entities of Dewan Housing Finance Ltd (DHFL) in a case pertaining to alleged fraudulent financial transactions. Also, the regulator said the investigation in the matter had b

Dish TV appoints director, sends 4 names for govt nod to strengthen board. Direct-to-Home operator Dish TV on Friday announced the appointment of former bureaucrat Zohra Chatterji as its independent Director. Besides, it has also sent four names to the Ministry of Information and Broadcasting to obtain its prior approval for plac

How Apple, Foxconn's efforts led to landmark reforms in India's labour laws. Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern state of Karnataka earlier this month, the Financial Times reported

Flipkart co-founder Binny Bansal planning to invest 0-150 mn in PhonePe. PhonePe has a formidable market presence in the Indian digital payments space. The app leverages the Unified Payments Interface (UPI) like its other peers

Tata Technologies, a unit of Tata Motors, seeks Sebi approval for IPO. The initial sale in the engineering unit of luxury carmaker Jaguar Land Rover's owner will comprise a 23.6% stake, according to a filing

Tata Technologies submits IPO papers with Sebi to raise capital via OFS. Currently, Tata Motors holds 74.42 per cent stake in Tata Technologies, while Alpha TC Holdings which is a singapore-based investement firm managed by Tata Capital Advisors owns 8.96 per cent

Boeing to set up freight conversion facility in India amid growing demand. Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalise on growing global demand for cargo, executives from the US aviation firm said on Friday

IIT Kanpur licenses gene therapy technology to Reliance Life Sciences. The Indian Institute of Technology Kanpur on Friday said it has licensed a gene therapy technology that has the potential to treat many hereditary eye diseases to Reliance Life Sciences Pvt Ltd. The gene therapy technology from IIT Kanpur will be further d

Natco launches additional strengths of generic version of Revlimid in US. Natco Pharma Ltd on Friday said it has launched additional strengths for its generic lenalidomide capsules used in the treatment of multiple myeloma, in the US. The company has launched 2.5 mg, and 20 mg strengths of the generic version of Revlimid (lenali

Deloitte hires nearly 50,000 professionals in 3 years, doubles workforce. Deloitte in India has hired close to 50,000 professionals over the last three years, nearly doubling the headcount as it invests in people and productive capacity in the country, the audit firm said on Friday. In a statement Deloitte Touche Tohmatsu India

Marksans Pharma gets USFDA nod for generic version of Famotidine tablets. Marksans Pharma Ltd on Friday said it has received final approval from the US health regulator for its generic version of Famotidine tablets indicated for the treatment of acid indigestion and heartburn. The approval granted by the US Food & Drugs Administ

AirAsia integrates pilot flight duty logbook with DGCA's eGCA platform. Pilots were traditionally required to update their pilot logbook in physical logbooks, as required by the MOCA's Aircraft Rule, 1937 (67A)

Boeing, GMR Aero Technic to set up freighter conversion line in India. GMR Aero Technic is the first Boeing supplier in India that will have the capability to support future conversions of both domestic and foreign aircraft

HUL board names Rohit Jawa next MD & CEO, to succeed Sanjiv Mehta. FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director & Chief Executive Officer. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for five years with effect from June 27, 2023

HUL appoints Rohit Jawa as it new MD & CEO; Sanjiv Mehta to retire. Jawa 'orchestrated once-in-a-decade, end-to-end transformation of Unilever' in key role in London

Natural stones firm Global Surfaces sets IPO price at Rs 133-140 per share. Global Surfaces Ltd, which is into processing natural stones and manufacturing engineered quartz, on Friday said it has set a price band of Rs 133-140 a share for its Initial Public Offering (IPO). The initial share sale, which opens for subscription on Ma

AI content platform Writesonic's biz grows five-fold so far this fiscal. Artificial intelligence content platform Writesonic's business jumped five-fold this fiscal so far, mainly due to faster content generation, according to a top company official. Writesonic is one of the leading artificial intelligence review platforms and

Tata Power Renewable Energy signs PPA with TPDDL for 510 MW hybrid project. Tata Power Renewable Energy has signed an agreement with Tata Power Delhi Distribution Ltd (TPDDL) to supply electricity from its 510 MW solar-wind hybrid project, a statement said on Friday. It is one of the largest hybrid projects in the country with the

Swan Energy, Botas of Turkey ink lease agreement for offshore vessel. The duration of the agreement is for 12 months and is extendable

Axis AMC names B Gopkumar as CEO, Ashish Gupta as chief investment officer. Present MD and CEO Chandresh Nigam to leave the AMC after a 14-year stint

Power Grid Corporation board approves raising up to Rs 900 cr via bonds. State-owned Power Grid Corporation of India on Monday said that its board has approved raising up to Rs 900 crore through issuance of non-convertible bonds on private placement basis. "Committee of Directors for Bonds, in their meeting held today i.e. on 9

Reliance brings back 50-year-old iconic beverage brand Campa Cola. Billionaire Mukesh Ambani's Reliance re-launched the 50-year-old iconic beverage brand Campa Cola in a new contemporised avatar as it looks to ramp up its own consumer goods offering to take on competition from Adani, ITC and Unilever. In January this year

Reliance Jio buys US-based Mimosa Networks for mn to bolster 5G tech. Jio Platforms, the digital arm of Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for USD 60 million as it looks to bolster its 5G telecom and broadband services. Radisys Corporation, a subsidiary of Jio Platforms, signed a

Kishore Biyani's Future: The rise and fall of India's retail tycoon. Three group companies enter corporate insolvency process, marking decline of former retail tycoon

Suraksha to infuse Rs 250 cr, arrange Rs 3k cr loan to finish 20,000 flats. Mumbai-based Suraksha Group, which recently got the NCLT approval to acquire Jaypee Infratech, will infuse Rs 250 crore in the debt ridden Jaypee Group firm and also arrange Rs 3,000 crore loan for completion of around 20,000 apartments in various stalled

Focus to reduce delivery waiting period, says Mercedes-Benz India. Prices of all models to be hiked by 5% from April 1

Religare Enterprises to enter ARC business, float QIP in early FY24. Delhi-based group expects to resume lending by Religare Finvest Ltd, a wholly-owned subsidiary

HFCL teams up with Microsoft to roll out pvt 5G solutions for enterprises. Domestic telecom gear maker HFCL on Thursday said it has collaborated with Microsoft to roll out private 5G solutions for enterprises, as businesses eye the next generation technology to spur digital transformation. With the rapid rollout of 5G in India, e

ADIA may seal 0-million stake deal in eyewear start-up Lenskart. Eyewear company's deal with ADIA Abu Dhabi Investment Authority and ChrysCapital maybe announced in weeks

Mango's sales hit record .8 bn sales as Zara's rival expands in US, India. Mango began to increase its presence in India and opened a flagship store in New York in May, one of nine new shops opened in the United States last year and of 119 outlets in all its markets

Japan's NTT sees India business growing to bn, commits investments. The company currently has 11 operational data centres with six more soon to be added and three are under construction

'The Great Indian Taste' is back: Reliance relaunches Campa Cola. Prices iconic beverage of the 70s lower than competition

Bessemer India Capital sells 7.75% stake in Home First Finance for Rs 467cr. Bessemer India Capital Holdings II on Thursday divested 7.75 per cent stake in Home First Finance Company India for over Rs 467 crore through an open market transaction. Fidelity Funds - Asian Smaller Companies Pool and Nomura Trust and Banking Co. Ltd bou

Apple-Foxconn Karnataka plant to catalyse manufacturing, deep-tech: MoS IT. The recent announcement of 300-acre Apple-Foxconn plant in Karnataka reflects the state's significant progress in electronics manufacturing, and will catalyse the entire electronics and deep-tech ecosystem, Union minister Rajeev Chandrasekhar said on Thurs

Go First may take legal action against Pratt & Whitney over engine issues. IndiGo is the only other Indian airline that uses PW engines on its A320 planes

Edtech startup Byju's to raise 0 mn in Aakash pre-IPO funding. Aakash is eyeing an initial public offering (IPO) and it is looking to raise the capital to create an interim event and set the stage, according to the sources

Latest stock market News for tomorrow Access previous news reports: 688689690691692693694695696697698699700701702703704705706

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