Tata Consumer Shares Hit Record On Capital Foods, Organic India Acquisition Deals

TCPL will buy 75% stake in Capital Foods for Rs 5,100 crore, with the remaining to be bought over three years. In the case of Organic India, the company will buy 100% stake for Rs 1,900 crore.

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HCLTech Shares Jump 5% To Record After Q3 Profit Beats Estimates

The stock's target price was raised by Citi Research and Nomura Holdings Inc., citing revenue growth and margin expansion outlook.

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Wholesale Inflation Accelerates To Nine-Month High In December

The Wholesale Price Index rose 0.73% during the month, as compared with 0.26% in November.

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Pixxel Opens Spacecraft Manufacturing Facility In Bengaluru, Six Launches Lined Up

The 30,000 sq. ft. facility will have a capacity of building over 20 satellites simultaneously, which can be turned around within six months.

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Rapido Revenue Jumps Threefold In FY23, Loss Spikes 54%

The company's loss spiked to Rs 674 crore from Rs 439 crore, according to company filings accessed via TheKredible.

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Fedfina Q3 Results: Profit Rises 28% On Higher Income

The company's standalone net profit increased 27.8% year-on-year to Rs 65.4 crore for the quarter-ended December.

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Trade Deficit Narrows To $19.8 Billion In December

The trade gap narrowed to $19.8 billion in December, as compared with $20.6 billion in November.

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