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NSE share market NEWS tomorrow (08 December, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 December 2021

Himachal Futuristic was amongst the top gainers, currently trading at 87.00 in NSE with 1.875 times change in volumes and 11.753% change in price. Other gainers included Pg Electroplast with 8.392% price change and 2.768 times volumes, Biocon with 6.274% price change and 5.001 times volumes, Bse with 5.753% price change and 2.291 times volumes, and Indian Bank with 5.13% price change and 2.284 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.

Iifl Holdings was amongst the top losers, currently trading at 308.40 in NSE with 35.555 times change in volumes and -4.991% change in price. Other losers included Solar Industries with -2.575% price change and 0.918 times volumes, Blue Star with -2.279% price change and 0.853 times volumes, One 97 with -1.528% price change and 1.151 times volumes, and Hdfc Stand with -1.152% price change and 1.496 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.

TCI chalks out strong capex plan over three years; defers FY22 capex. The company is keen on augmenting its marine assets for coastal container cargo as it sees coastal shipping growth to 215 million tonne by 2025 from about 86 million tonne now

Digital Freight marketplace Raaho raises Rs 12.5 cr in Pre-Series A round. Company plans to utilise the funds to launch in 20 cities and to fully-automate its trucking marketplace

MG Motor India to drive in electric vehicle at Rs 10-15 lakh by next fiscal. The company which currently sells electric SUV ZS EV will launch an electric crossover vehicle based on a global platform but customised for the Indian market as its next new product

Mukesh Ambani ups bet on battery-swapping under agreement with Mahindra. RIL's second agreement to explore battery swapping in six months; may lead to standardisation of battery technology with OEM and fueling operator joining hands

Cos revamping employee benefit strategy in view of pandemic, says survey. The 2021 Global Benefits Trends Survey are based on responses from a total of 3,642 employers globally, including 137 organisations in India

IKEA to launch first small-format city store in Mumbai on Thursday. The Swedish furniture giant is set to launch the store at Worli

Generali eyes bigger stake in India businesses as Future seeks exit: Report. Generali "wants to have a majority which could be a 74% stake but also (could be) slightly less. Future wants to completely exit the businesses," said one of the sources.

HCL Tech and apoBank to acquire German IT consulting firm gbs for 99k euros. The transaction, worth 99,000 euros, is expected to close in January 2022, subject to closing conditions

TCI chalks out Rs 500 crore capex plan over 3 yrs; defers FY22 capex. The company is keen on augmenting its marine assets for coastal container cargo as it sees coastal shipping growth to 215 million tonne by 2025 from about 86 million tonne now

IKEA malls business to invest Rs 7,000 cr in India, says top executive. IKEA's malls business said it was building two centres in Gurugram and Noida

Prem Watsa-backed Fairfax Group sells IIFL Finance shares worth Rs 180 cr. Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday offloaded IIFL Finance shares worth over Rs 180 crore through an open market transaction

Will Indigo EGM settle spat between co-founders for good?. The spat between IndiGo's Rahul Bhatia and Rakesh Gangwal may be coming to an end. The airline has called an EGM to amend clauses in Articles of Association which has been a thorn in their relations

Realme co-founder and CEO on the smartphone market and future plans. Madhav Sheth, co-founder and CEO of Realme, tells Business Standard's Surajeet Das Gupta about how he sees the markets panning out in the coming year and also about the company's future plan

Meta unveils new office in India, company's 1st such stand-alone in Asia. In a bid to scale its India operations, Meta (formerly Facebook), on Wednesday unveiled its new office here which is said to be the company's first stand-alone office in Asia.

EV scooter startup Simple Energy to invest 0 mn for new Tamil Nadu units. Simple Energy plans to invest as much as 25 billion rupees (0 million) in new capacity to make electric scooters, with support from the government in Tamil Nadu

Visa launches crypto advisory service for financial institutions, merchants. Visa Inc launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam

Flipkart IPO 'very much on the cards', no timeline for it: Walmart CFO. Flipkart IPO: Timing will depend on where the business is and market conditions, says Brett Biggs

SpiceJet to file appeal in Madras HC against its order to wind up operation. Spice Jet has announced that it would file an appeal in the Madras High Court against an order of the single bench of the high court directing the airline to wind up its operation

Rolling out 5G should be national priority, says Mukesh Ambani. Ambani said affordability has been a critical driver of the phenomenally rapid expansion of the mobile subscriber base in India

Regulatory regime needs to be simple to avoid new litigations: Sunil Mittal. Citing the reforms package announced by the government recently, Mittal said it was "lapped up" by the markets and stakeholders of the industry

Amazon-Future case: SC to hear Future Group's plea on Jan 11. The court again expressed displeasure on Wednesday over the written notes submitted by Future Group

Byju's continues acquisition spree, buys Austrian math-learning co GeoGebra. Deal value not revealed; this is Byju's 9th major buy this year

Meta to skill 10 mn small businesses, 250,000 creators over three years. Its CFINE office in Delhi-NCR will be open to anyone who is driving change - creators, small business owners, entrepreneurs, artists or community leaders

ABB India to deploy next-gen digital tech for power supply in Indore. ABB India on Wednesday said it has partnered with Indore Smart City Development Ltd to deploy next-generation digital technology that enables continuous supply of electricity to homes and businesses.

Airtel inks deal with Juniper Networks to expand broadband network coverage. The firm has plans of covering 30 million households in over 2,000 cities in the next three years

Use USO fund to subsidise smartphones, says Mukesh Ambani. As much as 5 per cent of the licence fee paid by telecom operators goes to the Universal Service Obligation (USO) Fund

Motherson participates in EV charging start-up Exponent's mn fundraise. YourNest VC, 3one4 Capital & AdvantEdge VC doubled down on their earlier investment within 8 months

Frequent CEO changes reduce cos potential to improve equity premium: Study. Companies that frequently changed chief executive officers (CEO) have reduced potential to improve equity premium, thereby hurting shareholders' long-term returns, according to a study. The study tracked a few Nifty 50 companies over a 15-year period. The

Infosys BPM to create 250 jobs in Ireland with new delivery centre. The firm started its Ireland operations in Dublin in 2014

IndiGo signs agreement with CSIR-IIP to make sustainable aviation fuel. The carrier said it desired to be an anchor partner to such institutes and oil refining companies in the future to address the core issue of carbon emissions

Ease of doing biz, bank sector support will boost telecom industry: Birla. Aditya Birla Group holds over 27 per cent stake in VIL, while Vodafone Plc has more than 44 per cent in the telecom operator

Jio-bp and Mahindra Group sign MoU for EV and low-carbon solutions. The companies aim to explore creation of solutions on battery swapping technology for electric 3-wheelers

Delhivery buys US-based UAS platform Transition Robotics for unknown sum. All intellectual property registered in the US will be assigned to Delhivery with this deal, boosting its capabilities aerial photography, remote sensing, inspection, and surveys

Alembic gets USFDA nod for generic hypertension treatment drug. Alembic said it has so far received 15 product approvals this year

IT-BPM to add 375,000 jobs in FY22, digital skills in demand: TeamLease. Report says sector to reach a head count of 4.85 million in FY22, is on track to reach 10 mn workforce in next five years, with significant increase in contract hiring

Hero Electric reports retail sales of over 7,000 units in November. The company said it had sold 1,169 units in the corresponding period last year

This start-up aims to disrupt market in which 60 mn samosas are sold a day. QSR brand Samosa Party raises mn in Pre Series A funding from Kalaari Capital

Snapdeal appoints retail veteran Priyaranjan Kumar as VP and Business Head. Prior to joining Snapdeal, Kumar was COO of Iconic Fashion, where he led the creation of a complete omni channel sales structure and inventory management for efficient and accurate delivery of orders

Serum may cut Covishield's monthly production by half as govt orders dry up. The Pune-based firm has 500 million doses of Covishield in stock

Reliance Industries, TA'ZIZ in -bn JV for chemical production partnership. According to RIL executives, the equity structure of TA'ZIZ EDC & PVC has not been finalised yet

RIL firms up first investment in West Asia in pact with Abu Dhabi company. RIL and TA'ZIZ launch a billion chemical production partnership

Brightcom acquires MediaMint for Rs 566 crore in cash-and-stock deal. MediaMint has over 1,300 employees and boasts of international clients such as Pinterest, New York Times, Netflix, Cox Automotive and Expedia, among others

New premium income of life insurers up 42% at Rs 27,177 cr in Nov: Irdai. The new premium income of life insurance companies jumped by nearly 42 per cent to Rs 27,177.26 crore in November this year, data from Irdai showed on Tuesday. All the 24 life insurance companies had written new business or the first year premium totalling

Tech giant Google rolls out voice, video call features to Gmail app. The company said that users can now start or join meetings and audio calls from one-on-one chats in Google Chat

Allow port out SMS facility irrespective of tariff offer: Trai to telcos. The Telecom Regulatory Authority of India took a strong note of telecom service companies not providing outgoing SMS facility in certain pre-paid vouchers

Punit Soni-led healthcare AI firm Suki raises mn in Series C round. Funding led by led by March Capital, with support from Philips Ventures and all previous investors including Venrock, Flare Capital, Breyer Capital, and inHealth Ventures

Hindustan Zinc board approves interim dividend of Rs 18 per share for FY22. The interim dividend will be paid within stipulated timelines, the company said

Biocon ties up with Tabuk Pharmaceuticals to sell medicines in Middle East. Biocon said it has inked a pact with Saudi Arabia-based drug firm Tabuk Pharmaceutical Manufacturing Company to commercialise select speciality products in Middle East region

SaaS firms in India poised to reach bn in sales by 2025: Report. Over the past five years, SaaS firms have doubled in India and are poised to reach billion in revenue by 2025, a new report showed

LenDenClub raises mn in funding round, plans bn loan book by FY23. Founded in 2016, LenDenClub uses technology to bring borrowers and investors on its platform.

Indian used-car platform Spinny valued at .8 billion in new funding round. India's Spinny said on Tuesday it had raised 3 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about .8 billion

Madras High Court orders winding up of SpiceJet over outstanding dues. The Madras High Court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the High Court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a comp

Cybersecurity start-up CloudSEK raises Rs 50 crore in Series A funding. The round will be used to speed up CloudSEK's sales and marketing across Asia-Pacific, West Asia, and North America. The firm will also ramp up its R&D to combat sophisticated global threats

Agritech startup AgroStar raises million from investors for expansion. Agritech startup AgroStar has raised USD 70 million (around Rs 527 crore) from Evolvence, Schroders Capital, Hero Enterprise and UK's development finance institution CDC to expand its business

Welspun group co to build 1 mn sq ft warehousing for Bengaluru City Region. Will invest Rs 300 crore in the project, which is coming up on 40 acres at Malur-Hosur road in Tamil Nadu

Spinny enters unicorn club with 3 mn fundraise at .8 bn valuation. The latest round includes a primary capital infusion of 0 million and a secondary sale of million by angels and a few seed stage investors

Vedanta Aluminium Business invites partners for aluminium park at Odisha. The Aluminium Park will offer facilities such as water, power, hot metal supply, dross processing plant, as well as other benefits to companies that set up their manufacturing units in the park.

Farm e-commerce start-up AgroStar raises mn in Series D from Hero, CDC. The company has over 5 million farmers on its platform across Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh

Reliance Capital says corporate insolvency resolution started against firm. Reliance Capital on Tuesday said the National Company Law Tribunal (NCLT) has admitted the case of the company for the corporate insolvency procedure

Nestle gets govt approval for PLI scheme for processed fruits, vegetables. FMCG major Nestle India on Tuesday said it has received approval from the government for the production-linked incentive (PLI) scheme for processed fruits and vegetables. In June 2021, the company had submitted its proposal towards the Indian government's

Ather Energy expands Guj retail biz; starts 1st experience centre in Surat. The new experience centre will be the brand's second retail outlet in Gujarat. The expansion is driven by strong consumer demand for the Ather 450X and 450 Plus electric scooters in the State

Tanla to give solutions to secure, encrypt int'l messaging traffic on VIL. Tanla and Vodafone Idea on Tuesday announced a pact under which Tanla will provide solutions to secure, encrypt and enhance performance for international messaging traffic on the telco's network

Reliance Industries spends Rs 922 cr to top CSR expenditure chart in FY21. India Inc's overall spends dip 64%; TCS and Wipro take second and third spots, respectively

MoEngage raises additional mn funding in round led by Steadview Capital. Series D funding at twice the valuation from its earlier Series C1 of .5 million in July

Top headlines: New rules for international arrivals; Spinny latest unicorn. Business Standard brings you the top stories on Tuesday

Abu Dhabi chemical company, Reliance Industries form -bn production JV. The joint venture, called TA'ZIZ EDC & PVC, will construct and operate a chlor-alkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) production facility

Over 396,000 cos removed from official records for non-compliance in 5 yrs. More than 3.96 lakh companies were removed from official records in the last five financial years after following the due process under the companies law, according to official data. The corporate affairs ministry, which is implementing the Companies Act,

SpiceJet says HC has stayed its earlier order of winding up the airline. The carrier said it has a good case on merits and was hopeful of having favourable outcome in the appeal

D2C biz investor G.O.A.T Brand Labs eyes billion revenues in 3-4 years. Started about six months back, it has signed 11 brands in lifestyle space; The plan is to take the total number of brands to 100

SpiceJet to appeal winding up order by HC, hopeful of positive decision. The Court on Monday ordered winding up of the airline on a petition filed by Credit Suisse over unpaid dues of million

Antler India to invest a third of corpus in Web3, blockchain start-ups. The VC firm will look to make the investments at an average ticket size of 0,000

Exchange date of American Depositary Shares extended till Jan 10: Vedanta. Holders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.

WhatsApp to allow default disappearing messages, provide greater control. This new feature is optional and does not change or delete any of the user's existing chats

Godrej Properties ties up with TDI group for housing project in Delhi. Realty firm Godrej Properties Ltd on Monday said it has entered into a joint venture (JV) with TDI group to build a luxury housing project at Connaught Place in Central Delhi.

Reliance raises 6 mn in green loan to fund REC Solar acquisition. The loan is a rare acquisition financing from RIL which opted for term loans instead of a short-term bridge facility

Manyavar brand owner Vedant Fashions plans to double retail floor space. The company aims to add over 100 stores next year alone; overall goal is to have 2 mn sq feet over next few years, form 1.1 mn sq ft currently

Govt departments, autonomous bodies owe over Rs 244 cr to Air India. Government departments and autonomous bodies have dues of more than Rs 244 crore to Air India, of which a little over Rs 30 crore has been recovered, the government said in Parliament on Monday. "Government departments/autonomous bodies owe Air India Rs 24

Watch: Better.com CEO lays off 900 employees in US, India via Zoom call. 'This isn't the news that you're going to want to hear but ultimately it is my decision and I wanted you to hear it from me,' Vishal Garg is heard saying

HCL Tech says to hire 12,000, including 2,000 freshers, in US over 5 years. Hiring will be done across roles including in IT consulting, cloud, data analytics and digital engineering

Greater Pacific Capital invests mn in Muthoot Microfin's expansion plan. Company plans public offering in 2-3 yrs, targets AUM of Rs 10,000 cr

IndiGo promoters call EGM on Dec 30 to amend share clauses. A removal of the clause will allow either side to sell or transfer shares to a third entity without giving each other notice

Indo Count buys GHCL's home textiles business, IP, inventory for Rs 576 cr. The deal does not include GHCL's spinning unit in Tamil Nadu's Madurai

IIFL Home to issue up to Rs 1,000 cr of retail bonds at 8.2-8.75% interest. The NCDs are rated AA by Crisil, and constitute the second of several tranches of retail bond issuance aggregating to Rs 5.000 cr

German firm to set up Rs 1,500-cr manufacturing facility in Telangana. The facility would manufacture magnesium products for cars, commercial vehicles, two-wheelers in both ICE (internal combustion engine) and EV (electric vehicle) segments

At .5 billion, investment in SaaS companies grows 170% in 2021. India now has 13 SaaS unicorns and between 7 and 9 companies with 0 mn+ annual recurring revenue (ARR)

Don't take coercive action under new IT Rules: Madras HC tells Centre. The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology Act.

Indian office market may take 2 years to reach pre-Covid level: Colliers. The leasing of office space across major cities is likely to rise marginally this year with corporates becoming less cautious, Colliers India CEO Ramesh Nair has said.

Audio OTT app Pocket FM raises .4mn funding in round led by Lightspeed. Company registered over 40 million downloads and 3 billion monthly listening minutes since its launch in 2018

ED files chargesheet against founder of Unitech Group, others. The Enforcement Directorate has filed a prosecution complaint against the founder of Unitech Group and others under the Prevention of Money Laundering Act

NCLT order on initiating insolvency proceedings against RCap this evening. The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

T-Series becomes 1st YouTube channel to surpass 200 mn subscribers globally. Raising the bar higher and shattering all records, India's largest music label and movie studio, T-Series has crossed the milestone of 200 Million subscribers on YouTube, the first ever channel across the world to do so.The achievement comes after T-Series

MSME lending platform LoanKuber raises Rs 13 cr in pre-Series A round. The company aims to grow its loan book to Rs 75 crore in the next 12 months

HUL chairman Sanjiv Mehta to take over as FICCI president. Mehta will be succeeding Uday Shankar

upGrad to acquire higher education firm Talentedge for Rs 400-500 cr. This would be one of the largest consolidations in the Indian Higher education space, in which the No. 1 player in the space is acquiring the No. 4 player

Parag Milk gains on securing PLI nod for Category 1 of mozzarella cheese. Parag Milk Foods, through the PLI application on June 15, 2021, had received an approval for sales-based incentive for mozzarella cheese product for the period 2021-27

Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO. The price band for the offer has been fixed at Rs 1,000 - Rs 1,033 per equity share

High input cost, weak steel prices to hit steel industry earnings: Icra. Spot coking coal prices hurting firms' earnings, but industry's absolute profitability metrics will remain at healthy levels in next 12 months; ratings agency maintains 'Positive' outlook for sector

Will pay Rs 1,000 cr to Reliance Infra's arm in 48 hrs: DMRC tells HC. DMRC also suggested taking over the Reliance Infrastructure subsidiary's debt to the extent of the award money

AI-powered talent firm Sense raises mn from SoftBank Vision Fund 2. With this new round, firm will continue to ramp up its go-to-market strategy and raise awareness with firms that hire at scale across industries such as healthcare, manufacturing, logistics and retail

Air India owes Rs 2,350 crore to AAI, SpiceJet Rs 185 crore. The AAI owns 125-odd airports across the country. Airlines have to regularly pay various charges such as landing charges and parking charges to the AAI to operate aircraft from its airports

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