NSE share market NEWS tomorrow (17 November, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (17 November, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 November 2021
Apollo Hospitals was amongst the top gainers, currently trading at 5733.95 in NSE with 5.797 times change in volumes and 12.5% change in price. Other gainers included Pb Fintech with 7.903% price change and 0.489 times volumes, Kpit Technologies with 6.728% price change and 1.83 times volumes, Sbi Life with 2.966% price change and 4.121 times volumes, and Tube Invest with 2.933% price change and 0.978 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.
Fsn E was amongst the top losers, currently trading at 2123.05 in NSE with 1.788 times change in volumes and -5.083% change in price. Other losers included Inox Wind with -4.561% price change and 0.491 times volumes, Godrej Properties with -4.3% price change and 1.193 times volumes, Petronet Lng with -3.776% price change and 1.989 times volumes, and Mazagon Dock with -3.728% price change and 1.498 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.
Shriram General Insurance plans aggressive rural push, eyes 16% income. Shriram Group is expecting around Rs 750 crore profit this fiscal, up from Rs 700 crore last year, as its expects gross written premium income to touch Rs 2,200-2,300 crore this year
Vedantu, Australian design firm Canva tie up to tap creativity in students. The two launch a first-of-its-kind Design Challenge in India, with a bootcamp to educate scholars on essentials of creativity and design thinking
Infosys commits to provide Salesforce tech jobs for 500 people. IT services major Infosys on Wednesday announced a new programme, wherein it will offer 500 job seekers the opportunity to complete a fully digital, online diploma course certified by Salesforce. The programme aims to prepare Americans for 21st century car
Soaring logistics, raw material costs headache for India Inc in H2: Report. Even though the overall outlook for corporates have improved on the back of faster than expected recovery, and the same is likely to gain further traction in H2 but the rising commodity prices
Tata Motors looks to establish vehicle scrappage centres under franchise. Tata Motors is looking to establish vehicle scrappage centres under a franchise set up with the first one expected to become operational in the first quarter of the next fiscal
Money laundering case: ED conducts raids against Supertech group. The Enforcement Directorate conducted raids at multiple premises of real estate group Supertech in connection with a money laundering investigation, officials said.
Vedanta mulls value-unlocking through separate listing of businesses. The board has also appointed various advisors to assist in evaluating the options, said the filing
ED seeks custodial interrogation of Unitech's Chandra brothers. The Enforcement Directorate sought custodial interrogation of the former promoters of Unitech, Sanjay Chandra and Ajay Chandra, stating that it has 'bulky evidence' against them
Bombay High Court discharges DHFL in cheating, corruption case filed by CBI. Bombay High Court discharged DHFL and dropped the proceedings against it in a case of cheating and corruption against its former directors Kapil and Dhiraj Wadhawan, and Yes Bank founder Rana Kapoor
I-T Dept raids instant loan app company; Rs 500-cr transferred illegally. A fintech company engaged in giving instant loans through a mobile app has been found to have repatriated Rs 500 crore 'non-genuine' funds overseas, the CBDT said
SAT allows PNB Housing Finance to withdraw appeal in Carlyle deal. PNB Housing Finance on Wednesday said the Securities Appellate Tribunal has allowed it to withdraw its appeal in the matter related to the Rs 4,000 crore Carlyle deal, which stands scrapped now
AGS Transact Tech to use Rs 600 cr of IPO proceed to retire debt. AGS Transact Technologies, which leads the online payments space at fuel stations and is among the largest players in ATM and cash management services, will use Rs 600 crore of the Rs 800-crore-fully offer-for-sale issue to retire debt. Ravi Goyal, chairma
Domestic airlines look to revive zero bag fares in order to grow traffic. In India, airlines are required to provide 15 kg of check-in bags free
IndiGo passengers will be able to buy food, beverage on board from Nov 19. Govt via order dated Nov 16 has permitted airlines to resume meal service on all flights
Infosys partners Madison Square Garden Sports Corp, MSG Entertainment. Infosys will be the Official Digital Innovation Partner of key MSG properties, a statement said.
Karnataka sets up fintech task force with Razorpay, Zerodha founders. The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem
Thyssenkrupp bags Rs 1,150-cr contract from NRL for expansion project. The private firm said NRL has awarded an engineering, procurement and construction (EPC) contract to it
Gofers plans to open 150 more dark stores by December for quick commerce. E-commerce firm Grofers plans to open 150 dark stores by December, taking the total count to 350, for quick commerce to deliver orders in about 10 minutes, the company's co-founder said Wednesday. The company claims to have a 3 million monthly order run ra
Zerodha faces investors' flurry due to technical glitch on trading platform. Users of online brokerage Zerodha faced difficulty in trading on Wednesday due to a technical glitch on its trading platform. The brokerage house faced customers' ire on microblogging site Twitter as they complained that prices and trading froze on its pla
Grofers plans to open 150 more dark stores by December for quick commerce. E-commerce firm Grofers plans to open 150 dark stores by December, taking the total count to 350, for quick commerce to deliver orders in about 10 minutes, the company's co-founder said Wednesday. The company claims to have a 3 million monthly order run ra
Udaan co-founder Sujeet Kumar on ambitions in a post-pandemic world. Co-founder Sujeet Kumar shares the story of how Udaan managed not only to sustain itself but also grow in spite of the pandemic disruption, in an exclusive interview with Business Standard
GoKwik raises mn in Series A funding round led by Sequoia Capital. The company plans to use the funds to work with large marketplaces, scale up its product and technology teams and launch new products
SpiceJet, Boeing settle related claims on grounding of 737 MAX jets. The settlement will allow the resumption of new aircraft deliveries from SpiceJet's order of 155 MAX aircraft
Covid enhanced diversity, inclusion initiatives of businesses: Intel study. Indian business leaders are confident in their trajectory to achieving DE&I goals
Customs asks Adani Ports to explain ban on cargo from 3 nations: Report. The department 10 day ago sent a letter to tell India's largest port operator it needed permission, says ET.
Trifecta Capital raises second venture fund in a year with 0-mn corpus. Trifecta Capital has committed Rs 3,500 crore in venture debt and equity investments across more than 85 start-ups till date
Sabeer Bhatia back in business with 'social video platform' for job seekers. Hotmail co-founder launches ShowReel, a purpose-driven social video platform that will match job seekers with companies looking for talent
Digital payments firm PhonePe crosses 2-bn mark in monthly transactions. PhonePe's phenomenal growth comes on the back of rapid traction across Tier-II, Tier-III cities and beyond
Fintech startup SalaryBox raises mn funding from Y-Combinator, others. The company will utilise the funds to grow its team, invest in building new products and features, and further expand its user base, it added.
Tata Motors' pact with private equity firm TPG 'credit positive': Moody's. Moody's Investors Service on Wednesday said that Tata Motors' pact with private equity firm TPG is 'credit positive', as it will help the automaker to scale up its electric vehicle business. Last month, Tata Motors announced that it will raise USD 1 billio
IndiGo weighs charging fliers for check-in baggage as market heats up. IndiGo joins Go Airlines India Ltd., which is also looking to unbundle baggage charges from air tickets to position itself as an ultra-low cost carrier
JSW Steel enters S&P DJSI Sustainability Index 2021 for Emerging Markets. JSW Steel is one amongst only three steel companies from emerging markets that made it to the DJSI EM Index
Govt aims to privatise 5-6 PSUs in FY22, LIC IPO expected by Q4: DIPAM Secy. Tuhin Kanta Pandey said the government is aiming to close the privatisation of BEML and Shipping Corp of India in FY22
Chennai-based FSS partners with Bangladesh bank for digital commerce growth. This partnership will enable FSS to provide its omni-channel acquiring platform to BRAC Bank to onboard merchants and enable digital payment acceptance across multiple touchpoints
Jio tops 4G chart in download speed; Airtel, Vi reduce gap in Oct: Report. Reliance Jio retained its top position with the highest average data download speed of 21.9 megabit per second among 4G service providers in October
Velocity raises mn in funding round led by Peter Thiel's Valar Ventures. The fintech firm plans to deploy over Rs 1000 crore in India's e-commerce brands
Healthtech start-up K&L Wellness raises Rs 30 crore in seed round. Firm provides therapeutic based health solutions to lifestyle diseases like diabetes, hypertension, heart disease and obesity, among others, through yoga and meditation
Akasa Air inks .5-bn pact to buy CFM engines for its Boeing planes. CFM LEAP-1B engines will power the airline's recently acquired Boeing 737 MAX airplanes
Top headlines: 5-6 PSUs to get privatised in FY22; Akasa inks engine deal. Business Standard brings you the top headlines on Wednesday
Vedanta mulls group restructuring; separate listing of businesses. Billionaire Anil Agarwal's Vedanta Ltd on Wednesday said it is mulling a group restructuring that may include demerger and listing of the aluminium, iron & steel, and oil and gas businesses as standalone entities. In a stock exchange filing, the firm said
Corporate sustainability: Adani firms score above average points in survey. Adani Green Energy and Adani Transmission have scored 66 points and 63 points, respectively, in the corporate sustainability assessment (CSA) survey 2021 conducted by DJSI-S&P Global, which is higher than the average world electric utility sector score of
CIL efforts to curb environmental pollution result in significant CO2 cut. State-owned CIL on Wednesday said its efforts to curb environmental pollution through the implementation of mechanised coal transportation and loading
Kitchenware brand Wonderchef raises mn from Sixth Sense Ventures. Over the past three years, the company has been developing Wonderchef into a digital-first brand
Jhunjhunwala-backed Akasa Air signs bn deal for 72 Boeing 737 Max planes. The airline received no objection certificate from the civil aviation ministry last month
Edtech major Byju's introduces period leaves for staff, trainees. This new policy is a significant step in prioritising employees' happiness, work-life integration, flexibility, and workplace sensitivity, a statement said.
SBI, U GRO Capital to disburse up to Rs 500 cr to MSMEs by March 22. SBI has onboarded U GRO Capital as its first co-lending partner for its Sanjeevani programme to finance MSMEs
Thrasio model businesses not suitable to India: Globalbees CEO. In the next three years, the roll-up company is looking to be an umbrella organisation of 100 brands with revenues touching one billion dollars
DJSI 2021: Hindalco emerges as world's most sustainable aluminium co. Hindalco Industries Ltd, the metals flagship of Aditya Birla Group, on Tuesday said it has once again emerged as the world's most sustainable aluminium company in the Dow Jones Sustainability Indices 2021. Hindalco "has achieved the No. 1 rank in the alumi
Genleap raises Rs 60 crore from marquee investors in seed round. The edtech platform made the announcement regarding the funding on Tuesday
Go Fashion raises Rs 455 crore from anchor investors ahead of IPO. Go Fashion's IPO opens on Wednesday and closes on Friday
Home First Finance Co India plans to raise up to Rs 99 cr via bonds. Home First Finance Company India on Tuesday said it is planning to raise up to Rs 99 crore by issuing bonds on a private placement basis. "A meeting of the committee of directors of the company is scheduled to be held on Monday, November 22, 2021," the non
Myntra forays into luxury segment, unveils Myntra Luxe on its app. This is another step for the firm towards strengthening its position as one of the leading fashion, beauty, and lifestyle brands in the country
MPL signs MoU with Telangana to set up game development centre. Mobile Premier League, an online gaming platform, will set up a game development centre in Telangana employing 500 youths in the state.
Cairn to work with Halliburton for boosting offshore recoverable reserves. Aims 10-fold reserve augmentation from Cairn's offshore assets
Info Edge can't sell Rs 25,000-cr holdings in Zomato, PB Fintech for a year. Until recently, Sebi regulations mandated that pre-IPO investors in a company cannot offload shares after its listing for a period of one year
HC directs CCI to decide on CAIT's complaint against Amazon within 2 weeks. CAIT had moved CCI to revoke approval for the Amazon-Future Coupons deal
Mensa, house of D2C brands, raises 5 mn to become Asia's fastest unicorn. Within six months of starting the business, Bengaluru-based Mensa has raised more than 0 million in equity and debt
Private equity fund Carlyle partners with Viyash for generics platform. Global private equity major Carlyle on Tuesday said it has set up a generic pharmaceutical platform in the country by partnering with Viyash Life Sciences. CA Hull Investments, an affiliated entity of CAP V Mauritius and Carlyle, and Viyash, have set up th
Flipkart Ventures, Tiger Global-backed G.O.A.T Brand Labs in 11 D2C tie-ups. G.O.A.T Brand Labs, which started a few months back, acquires and scales D2C brands. The current acquisitions are in fashion, beauty-skin care, pets and home-kitchen
Coromandel plans 1,650-tonne sulphuric acid plant in Vizag for Rs 400 cr. At present, India is a net importer of sulphuric acid, and the third largest buyer globally, accounting for close to two million tonnes of imports
Ashok Leyland arm Switch Mobility to supply 300 e-buses to Bengaluru. The fleet and charging infra will be supplied, run and maintained by Switch for 12 years on gross cost contract (GCC) basis under the FAME II Scheme
SoftBank-backed Ola boosts leadership team, hires top brass across segments. P V Harinarayan joins as VP Lending, Ola Financial, V Ramesh leads operations at Ola Futurefactory, Priteesh Mahajan heads two-wheeler Programme Management and Product Planning at Ola Electric
Rakesh Jhunjhunwala-backed Akasa Air orders 72 Boeing 737 MAX jets. Last month, SNV Aviation, which owns Akasa Air, said it expected to start flying next year after getting initial clearance from the civil aviation ministry
Chennai-based UDS buys majority stake in global sales enablement co Denave. Deal value not disclosed; PwC was financial advisor for the transaction
Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team. Business Standard brings you the top stories from today
May consider converting interest dues to equity: Voda Idea CFO Moondra. The company is also in talks with banks and investors for raising funds, an official said
Reliance vs Amazon fight makes for a cranky board at Future Retail. Independent directors say Amazon.com deliberately misled India's competition regulator about the true nature of its 2019 investment in Future Coupons.
Bank-owned brokerages to show up to 20% profit growth in FY22: Icra. Surge in trading volumes to drive better show; huge competition from discount brokerages a challenge; capital market linked loan book shows 100% CAGR
Currently investigating use of platform for sourcing marijuana, says Amazon. E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana. On Saturday, an online marijuana sale racket was busted by Bhind police in Madhya Pradesh, leading to the arre
Airbus receives order for 111 planes from Air Lease Corporation. Airbus announced on Monday that it has received an order from the Air Lease Corporation for 111 new aircraft.
E-commerce firm Cloudtail's revenue grows 46% to Rs 16,639 cr in FY21. The firm's net profit was up 171% YoY to Rs 183 crore
Samsung invests record .4 billion in R&D through the 3rd quarter: Report. Samsung Electronics's research and development (R&D) spending hit a record high in the first nine months of the year, its report showed on Monday, as it seeks to expand presence amid intensifying competition with foreign rivals.
Future Retail's losses widen in Q2 as expenses rise. The retailer's revenue was up by 66.3 per cent in the quarter at Rs. 2,369 crore
Ashok Leyland working on commercial vehicles powered by hydrogen. A team is currently engaged in developing hydrogen-powered commercial vehicles, an official said
Policybazaar IPO minted 70 millionaires, 350 crorepatis: Yashish Dahiya. In a Q&A, the Policybazaar Founder and Chairman talks about how his staff will gain from the listing, and what his parents feel about the IPO
HCC-KEC International bags Rs 1,309 cr order from Chennai Metro Rail. The contract is for the construction of 11.61 kilometres of elevated viaduct section and eleven elevated stations
CCI approves Blackstone Group entity's 71.25% stake buy in ASK Investment. The Competition Commission of India on Monday approved the acquisition
Fundraising to conclude in current fiscal, says Vodafone Idea. CEO indicates a tariff hike may happen soon
EMudhra files draft papers with Sebi to raise funds through IPO. The company has filed preliminary papers with Sebi
Trai invites views on framework to set up satellite gateway in India. Trai has invited stakeholders' views to explore framework for setting up satellite gateways in India -- demand for which is rising due to the development of satellites in low and medium orbits
CAMS reports consolidated net profit at Rs 72.55 crore in Sept quarter. The company has reported a consolidated profit for the quarter ending September 30, 2021
Ride-hailing app Ola's General Counsel Sandeep Chowdhury quits. Chowdhury had joined Ola from Nuvoco Vistas Corp Ltd
Airtel panel to sharpen focus on environmental, sustainability & governance. Manish Kejriwal will be the chairman of the committee
PwC to assist Snapdeal with its environment, social & governance programmes. As part of the engagement, PwC would assist Snapdeal to define the overall ESG vision
Maruti Suzuki aims to drive in more CNG trims across its product range. The company plans to drive in CNG trims across its product range
Top headlines: Ather Energy plans IPO, ED and CBI chiefs' jobs extended. EV startup Ather Energy is planning to go for an IPO within two years. More on that story in our top headlines this morning.
CEO Tarun Mehta on how Ather achieved 0-mn revenue run rate in a year. How did Ather Energy achieve 0-million annual run rate in less than a year? Its CEO Tarun Mehta discusses answer this and other questions in this exclusive interview with Surajeet Das Gupta
Info Edge Q2 net rises 2,147% to Rs 7,371 cr on the back of Zomato gains. Info Edge's revenue from operations rose 26 per cent to Rs 364 crore in the September quarter
Wingreens raises mn from Investcorp and Omidyar Network India. Wingreens, a business committed to Women's empowerment, is focused on capturing changing consumer preferences towards healthier and "better for you" products
IBM expands presence in Telangana with new BPO unit at Hyderabad. Expansion aligned with its global double-digit hiring strategy across its global delivery network
ONGC sells January-loading Russian Sokol crude at 22-mth high premium. Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude for loading in January at the highest premium in 22 months on robust demand in Asia, trade sources said on Monday
Cairn Energy says will start buyback with bn tax refund from Indian Govt. It has also commenced an initial share repurchase programme of its ordinary shares up to £20 million as a prelude to the anticipated larger buyback programme
Moglix-owned Credlix acquires Singapore-based EXIM fintech startup NuPhi. The acquisition comes shortly after Moglix's entry into the Middle East region
Logistics services provider Rivigo names Rohan Mittal CFO effective Nov 15. Mittal brings 15 years of core logistics and infra experience in M&A, digital and business transformation and P&L leadership; was earlier with Gati and AllCargo
Hindalco Industries cuts FY22 capex to Rs 2,400 cr on Covid-19 impact. Company sees strong demand from packaging, industrial, transportation sectors
Ashok Leyland seeks investors for EV arm; sets sight on used-vehicle biz. In the EV space, the firm plans to invest 0-200 million over five years and come out with its first electric light commercial vehicle in India by December end
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