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Zomato's Stock Skyrockets: Analysts Optimistic on Continued Growth

Zomato's stock has surged 200% in a year, reaching an all-time high. Analysts project continued growth, citing India's nascent food delivery market. Zomato aims for a 50% revenue increase in the coming years, buoyed by its diverse offerings and market dominance.

Hero Motocorp's Stock Soars: February Sales Up 19%

Hero Motocorp's stock surged as February sales rose by 19%, with 468,410 units sold. The company's focus on electric vehicles and global expansion, along with a strong financial performance, underpins its bullish trajectory.

Chalet Hotels Acquires Courtyard by Marriott Resort

Chalet Hotels has announced its acquisition of a 100% stake in Ayushi & Poonam Estates LLP, owner of Courtyard by Marriott, Aravalli Resort in the NCR, for Rs 315 crore. This move aligns with Chalet Hotels' growth strategy and underscores its confidence in the hospitality sector's future prospects.

ICICI Bank Boosts Insurance Presence with ICICI Lombard Shares Acquisition

ICICI Bank's acquisition of 25.14 lakh shares in ICICI Lombard General Insurance for Rs 431 crore solidifies its position as a major player in the insurance sector, following its recent purchase of 81 lakh shares. This strategic move underscores the bank's commitment to diversification and growth.

Reliance-Disney Merger: Redefining India's Media Landscape

The merger of Reliance and Disney's Indian media assets reshapes India's media landscape. With 120 TV channels and dominance in sports broadcasting, they wield unparalleled influence, posing challenges to competitors. This strategic alliance heralds a new era in the nation's entertainment industry.

Coal India's Stock Rises on BHEL Joint Venture for Odisha Plant

Coal India's stock rose by nearly 1% on the NSE after announcing a joint venture with BHEL to establish an ammonium nitrate plant in Odisha. Under the agreement, Coal India will hold 51% while BHEL will own 49%. BHEL's shares, however, experienced a slight decline.

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