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NSE share market NEWS tomorrow (07 December, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (07 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 December 2021

National Aluminium was amongst the top gainers, currently trading at 96.60 in NSE with 4.15 times change in volumes and 7.095% change in price. Other gainers included Torrent Power with 5.625% price change and 1.439 times volumes, Bse with 5.232% price change and 0.584 times volumes, Hindalco Industries with 5.02% price change and 2.243 times volumes, and Pnb Housing with 4.997% price change and 3.763 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.

Idea Cellular was amongst the top losers, currently trading at 14.25 in NSE with 0.341 times change in volumes and -5% change in price. Other losers included Kei Industries with -4.506% price change and 0.381 times volumes, Inox Wind with -3.296% price change and 0.255 times volumes, Max Healthcare with -3.14% price change and 1.788 times volumes, and Fsn E with -1.702% price change and 1.118 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.

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

Ananth Narayanan-led Mensa Brands acquires home decor label Folkulture. Deal value undisclosed; Folkulture retails largely on Amazon in North America and UK; is recognised for unique and elegant crafts, designed to embellish modern homes with a hint of bohemian culture

Tata Motors to hike prices of commercial vehicles from Jan 1. Due to increase in the prices of commodities an increase in price by 2.5% will be implemented from January 1, 2022 , says the company

Reliance Commercial Fin resolution: HC allows bondholders to vote on Dec 8. Court asks all parties to file written submissions by December 12 and will hear the matter on December 16

Top headlines: TaMo to hike CV prices; Centre regrets Nagaland killings. Business Standard brings you the top stories on Monday

EV start-up Matter signs MoU with Gujarat govt for Rs 1,500 crore. To roll out its first two-wheeler in H1 of 2022, inks MoU in electric mobility and energy storage solutions

NCLT allows RBI's plea for bankruptcy proceedings against Reliance Capital. The bankruptcy tribunal has also confirmed the appointment of Y Nageswar Rao as the administrator of the company

Aurobindo Pharma, Unichem Laboratories recall products in US market. Aurobindo Pharma and Unichem Laboratories are recalling different products in the US market, the world's largest market for medicines, due to manufacturing issues. As per the latest enforcement report issued by the US Food and Drug Administration (USFDA),

Codeshare with IndiGo to be implemented by March: American Airlines. American Airlines is in the process of getting requisite approvals from the US government for its codeshare agreement with IndiGo airlines and the partnership is likely to implemented by March 2022

M-cap of seven most valued firms rises over Rs 1.29 trn; TCS tops list. Reliance Industries Limited, ICICI Bank and Bharti Airtel were the three laggards from the top-10 list

Prolonged waiting period due to chip crunch can harm demand: Maruti Suzuki. Longer waiting periods with semiconductor shortage affecting production can have a negative impact on car demand, although the supply constraints of chips have gradually improved over the last few months, according to a senior official of car market leader

SBI invites bids to sell NPA account KSK Mahanadi Power with Rs 4K cr dues. SBI to sell an NPA account KSK Mahanadi Power Company, with total outstanding against the company standing over Rs 4,100 crore.

In protest against Reliance, salesmen warn kiranas of supply disruptions. Company's deeply discounted offerings were prompting more stores to order their digitally from JioMart Partner app, posing an existential threat to more than 450,000 company salesmen.

Discoms' outstanding dues to gencos rise 1.3% to Rs 113,227 cr in December. Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 1.3% year-on-year to Rs 1,13,227 crore in December.

HC to hear RInfra plea on Monday against DMRC to enforce SC order. The Supreme Court has dismissed the review petition filed by state-owned firms against its order upholding an arbitral award to Reliance Infrastructure subsidiary.

Focus on expanding into new categories, international markets: Unacademy. Unacademy is focussed on aggressively building out its presence across new categories and explore international expansion in the next few years, its co-founder Roman Saini said

FMCG distributors warn firms of 'non-co-operation', seek price parity. A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

Salesmen threaten consumer cos with supply disruption over discounts to RIL. Ambani's deeply discounted offerings were prompting more stores to order their digitally from his JioMart Partner app, posing an existential threat to more than 450,000 company salesmen

Ahead of IPO, LIC lowers net NPA to 0.05%, improves asset quality. Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets (NPAs) as of March 31, 2021, are Rs 35,129.89 crore out of a total portfolio of Rs

IIT Madras faculty founded 94 startups till Oct, valued at over Rs 1,400 cr. From a startup aiming to make hybrid aerial vehicles to the converting waste to crude oil, faculty members at IIT Madras founded at least 94 enterprises having a combined valuation of over Rs 1,400 cr

Tata's chip making plan may hit roadblocks on global shortage: Report. The Tata Groups' reported plans to set up a USD 300-million semiconductor manufacturing facility is likely to face some headwinds given the absence of raw materials due to the ongoing shortage

Mahanadi Coalfields to set up 50-MW solar plant in Odisha's Sambalpur. The company said this project will reduce carbon dioxide emission by 91,020 tonnes per annum

Didi shares plunge 20% on plan to delist from New York Stock Exchange. HONG KONG (Reuters) - Just five months after its debut, ride-hailing giant Didi Global said on Friday it would withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by it

After Gurugram plans, Ikea eyes mega presence in Delhi to boost growth. After announcing its plans to enter Gurugram, Sweden-based Ingka Group's home furnishings brand Ikea plans to have stores in Delhi as well as Noida.

Bata India to bet on franchise model for expansion in near future. Bata, while announcing its results for Q2FY22, said that it continued with its retail expansion drive in tier 3-5 cities through franchise route, taking the overall tally to 270+ as on date

Indian start-ups need bn- bn yearly to conquer world: Mohandas Pai. India's tech sector to employ 10 mn engineers in next 10 years, says former Infosys CFO at InFinity Forum

Dish TV, facing a notice from Yes Bank, to hold AGM on Dec 30. On November 29, Dish TV had postponed its AGM for a month after getting regulatory approval from the Registrar of Companies, Mumbai

AI pilots put off strike plans; to meet civil aviation secy on Monday. The Indian Commercial Pilots Association and the Indian Pilots Guild had earlier in the week given a three-day ultimatum to the airline to reverse the pay cut

Young buyers leading charge in buying pre-used cars sales: Report. The study highlights the most-compelling consumer trends and statistics with respect to the Indian used car industry

Commissioned 10 PSA oyxgen plants in J'Khand, says Tata Steel Foundation. Tata Steel Foundation on Friday said it has commissioned 10 state-of-the-art Pressure Swing Adsorption (PSA) oxygen plants at various locations across Jharkhand.

EV maker Etrio expands footprint to Maha; sets up dealership in Mumbai. At its Mumbai dealership, Etrio will showcase and sell its wide range of electric vehicle models

Coworking market size to double over next 5 years at 15% CAGR: CII report. Flexible workspaces are the preferred way to adopt the hybrid work model in a post-pandemic world, compared to options like changing existing office layouts or the hub-and-spoke model

Vodafone files application with govt for settlement of retro tax dispute. British telecom giant Vodafone on Friday said it has filed an application with Indian authorities for settlement of their retrospective tax dispute. Vodafone further said it has "always been confident" that no tax is due on the company. The government in A

India adopting most progressive data protection, crypto laws: Mukesh Ambani. Ambani, who owns Reliance Jio, India's largest mobile service provider, also lent support to blockchain and real time tech to improve financial access

DoT releases bank guarantee of around Rs 9,200 cr of Airtel, VIL, Jio. DoT returns bank guarantee worth around Rs 6,500 crore to Airtel, VIL, say sources

Green energy goals achievable with right steps taken now: Sunil Mittal. Mittal said the telecom sector as a whole was working to become carbon neutral by 2030, and at India's scale, even reaching 80% of that would be a huge achievement

Drug maker Lupin inks pact to distribute, market Pegfilgrastim in Brazil. The company has entered into an exclusive distribution and marketing agreement with Biomm SA in Brazil

Swiggy makes its platform accessible to Indians with visual impairment. People with visual impairments were not able to easily use the Swiggy app, since it wasn't designed to be accessible.

Tech Mahindra pays mn cash to buy WFH solutions firm Activus Connect. The acquisition will bolster Tech Mahindra's capabilities in emerging workplace solutions and strengthen the end-to-end CX portfolio, Tech Mahindra said in a statement

Setback for PepsiCo as India revokes patent for Lay's potatoes. Withdrawing the lawsuits the same year, the New York-based company said it wanted to settle the issue amicably

Eris Lifesciences forms JV with MJ Biopharm to enter insulin segment. Eris MJ Biopharm, the 70:30 joint venture (with Eris holding a 70 per cent stake), would primarily engage in marketing and distribution of human and analogue insulin

Latest stock market News for tomorrow Access previous news reports: 1004100510061007100810091010101110121013101410151016101710181019102010211022

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