NSE share market NEWS tomorrow (19 October, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (19 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 October 2021
Indian Energy was amongst the top gainers, currently trading at 845.35 in NSE with 8.621 times change in volumes and 6.08% change in price. Other gainers included Mphasis with 5.653% price change and 1.81 times volumes, Coforge with 4.577% price change and 2.975 times volumes, Oracle Financial with 4.536% price change and 12.458 times volumes, and Tech Mahindra with 4.018% price change and 2.415 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.
Tata Power was amongst the top losers, currently trading at 229.75 in NSE with 0.898 times change in volumes and -10.707% change in price. Other losers included Inox Wind with -9.396% price change and 0.763 times volumes, Sona Blw with -8.888% price change and 0.716 times volumes, Indian Rail with -7.194% price change and 1.872 times volumes, and Indian Bank with -7.174% price change and 0.91 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.
Reliance Retail acquires 52% stake in designer Ritu Kumar's company. Reliance Retail did not disclose financial details, but said the acquisition included buying out the 35% stake held by Everstone Capital in Ritika Pvt Ltd, the company that owns Ritu Kumar brands
BofA fund manager survey least bullish since Oct 2020, cash at 12-mth high. Finds investors are increasingly worried about global growth expectations, stagflation and China
Hindustan Unilever warns of inflationary pressures after Q2 net profit jump. Benefits from a rebounding economy as lockdown-weary Indians finally started stepping out were offset by the unprecedented rise in raw material prices for the maker of Dove soap and Lipton tea
Adani Group commits 70% capex until 2030 to energy transition. Adani is incubating the first Indian data center company that will power all its data centers by renewable power by 2030.
Top headlines: IPO-bound Ola to see top-level exits; CRED valued at bn. Moody's upgrades outlook on Indian banking from 'negative' to 'stable'
ACC third quarter net profit increases 24% to about Rs 450 crore. Shares of ACC Ltd on Tuesday settled at Rs 2,245.50 on the BSE, down 2.55 per cent from the previous close.
Larsen & Toubro Tech Services Q2 net profit up 39.1% to Rs 230 cr. Larsen & Toubro Technology Services (LTTS) on Tuesday posted a 39.1 per cent rise in consolidated net profit to Rs 230 crore for the September 2021 quarter and has raised its dollar revenue growth guidance to 19-20 per cent. The company had registered a ne
ICICI Pru Life posts 47% jump in net profit to Rs 445 cr for Sept quarter. ICICI Prudential Life Insurance Co Ltd on Tuesday reported nearly 47 per cent jump in its net profit to Rs 445 crore for the second quarter ended September 30
JSW lspat Special Products' net loss narrows to Rs 36.85 cr in Sep qtr. JSW lspat Special Products Limited on Tuesday said its standalone net loss has narrowed to Rs 36.85 crore during the quarter ended September.
Oriental Hotels Q2 net loss narrows to Rs 4.83 crore. Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, on Tuesday reported a consolidated net loss of Rs 4.83 crore for the second quarter ended September 30, 2021. The company had reported a net loss of Rs 17.88 crore in the July-Sept
Network18 Media Q2 profit jumps nearly threefold to Rs 199 crore. Network18 Media & Investments Ltd on Tuesday reported nearly threefold jump in consolidated net profit at Rs 199.27 crore for September quarter 2021-22 driven by improved revenue performance, controlled opex and lower finance costs. The company had posted
What's behind record staff exits at Indian IT giants?. The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this
Total value of transactions grew 23.3% QoQ to Rs 921,674 cr: PhonePe Pulse. Offline merchant payments grew faster than online merchant payments
Mestastop Solutions raises Rs 1.3 cr in seed round led by CIIE.CO. Mestastop will use the funding to scale its AI-based platform METSCAN, which characterises cancer cells using patient data samples and their assay panels to understand the cell behaviour
HUL Q2 results: Profit rises 9% YoY; declares Rs 15 interim dividend. The company declared an interim dividend of Rs 15 per equity share of the face value of Re 1 each for the financial year ending March 31, 2022
Language translation engine Devnagri raises 0,000 in seed round. The platform combines Neural Machine Translation with ML to make the internet accessible to 90% of Indians and solve the problem of "lack of content in Indian languages"
Challenges abound as Tata draws up a flight plan for Air India. Tata Sons' .4 billion purchase of debt-ridden, government-owned Air India will give the conglomerate immediate access to valuable flying rights
Fintech firm CRED valued at bn after 0-mn funding round. Founded in 2018, CRED allows users to pay their credit card bills through its online platform and rewards them with offers from various brands and companies
Gati ramps up network capacity by 20-25%; increases workforce by 15%. Express distribution firm Gati has ramped up its network capacity by 20-25 per cent by adding 100 line haul trucks to its flexi network
Axis MF, Inversion Advisory launch AIF to invest in underperforming firms. Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise
Ahead of IPO, Ola's COO and CFO to exit the company. Swayam Saurabh and Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters
Zoho business operating system user base grows 60% globally, 104% in India. Introduces six apps, three services and seven major platform enhancements on its operating system for business
Axis Bank to waive 12 EMIs on select home loans under festive offer. Private sector lender Axis Bank on Tuesday announced waiver of 12 EMIs on select home loan products, and discounts on various online purchases as part of its festival offer. Axis Bank is offering waivers of 12 EMIs on select home loan products and providin
Job posting activity in saw stable monthly growth of 1%: Report. Compared with August, September saw a stable monthly growth of one per cent in job posting activity this year, according to the Monster Employment Index by Monster.com, a Quess company.
SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public. Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric
IndiGo cautions candidates against fake employment offers. IndiGo "strictly" advises to report the matter to the police if someone asks for money and promises a job at the airline.
Nestle India Q3 net up 5% to Rs 617 cr; net sales up 9.6% to Rs 3,865 cr. Organised trade witnessed a resurgence in the third quarter with strong revenue growth in mid-twenties after a muted second quarter which was impacted by the second wave of COVID-19.
Adani Ports & SEZ raises Rs 1,000 crore through non-convertible debentures. The company has raised Rs 1,000 crores today by allotment of 10,000 rated, listed, secured, redeemable, NCDs of the face value of Rs 10,00,000/- each on private placement basis
Tata Coffee Q2 net up 26.55% to Rs 53.66 crore. Tata Coffee on Monday reported a 26.55 per cent growth in consolidated net profit during the September quarter at Rs 53.66 crore
Sterlite Power wins order for Rs 324-crore transmission project. Sterlite Power on Monday said it has bagged Nangalbibra -Bongaigaon inter-state power transmission project worth Rs 324 crore. "Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded th
NCLT allows Reliance Retail's shareholders to hold meetings for Future deal. The NCLT said the objections raised by American retail giant Amazon were premature and could be dealt with later
Jio tops 4G chart with 20.9 Mbps download speed in September: Trai. Reliance Jio maintained the top position in the 4G speed chart with a 20.9 megabit per second (Mbps) average download rate in September, as per telecom regulator Trai
Karnataka govt withholds decision to lease Mysore Sugars. Karnataka government on Monday decided to withhold its decision to lease the Mandya-based The Mysore Sugars Company Ltd (MySugar) temporarily
Tata Punch goes on sale from today, will soon get an electric version too. The latest model aims to wean buyers off hatches and compact sedans
L&T Infotech Q2 net profit rises 21% to Rs 552 cr, revenue up 26%. 'We report the strongest sequential revenue growth and best ever Q2 of 8.9% in constant currency terms,' says company CEO
Top headlines: NCLT setback for Amazon; WHO seeks more info for Covaxin. Business Standard brings you the top stories from today
Govt asks telcos to convey about opting for dues moratorium by Oct 29. It has also given 90 days' time to the operators to indicate if they want to opt for converting the interest amount pertaining to the moratorium period into equity
IndiGo draws defensive lines to ward-off upcoming competition. Estimates indicate a massive rebound in air travel sans the impact of high jet fuel prices.
Higher coal prices to impact Vedanta's profitability in 3rd quarter: Report. Higher cost of coal due to the ongoing shortage of the dry fuel in India will impact the profitability of Vedanta in the third quarter which is likely to be temporary, according to a report
WhatsApp expands joinable call feature to group chats: Check details here. Users can call a WhatsApp group and join the call directly from the group chat
HCL Tech expects strong growth in products, platform biz in Dec quarter. IT services major HCL Technologies on Monday said it continues to be positive about its products and platform business and expects to see strong growth in the segment in the December quarter. In the July-September quarter, HCL Technologies logged a 13.1 pe
DoT tells Airtel, Voda Idea, Jio to decide on AGR moratorium in 10 days. Bharti Airtel, Vodafone Idea, and Reliance Jio get 3 months to inform DoT on equity conversion
Kilburn Engineering MD Subir Chaki hacked to death in Kolkata. The bodies of Chaki (61) and his driver Rabin Mondal (65) were found with multiple stab injuries on their neck, legs and back at an ancestral building owned by the businessman on Sunday night
What will be the task ahead for Tatas to get Air India soaring again?. Air India has returned to the Tatas' stable after 68 years. But, that's just the first step. Let's delve into the long flight to stability that the airline and the group will have to chart
Green, sustainable: Google's new campus searches for carbon-free future. Google envisions its latest campus as the embodiment of a grander ambition to run its operations entirely free of carbon
Risks of Vodafone Idea's financial profile worsening are receding: Lenders. The company's debt continues to remain high and its current financial flexibility continues to remain strained
What are Thrasio-style startups and what's driving their appeal in India?. Using a model pioneered by Thrasio in the US, several startups like Mensa Brands and GlobalBees were born in India during the pandemic. Let us understand the appeal of these Thrasio-style startups
SaaS Labs raises mn to expand customer base, hire team members globally. The company has been bootstrapped up until this point and will use the funding to expand its customer base, hire people, and release new products and services
Vodafone Idea teams up with L&T for trials of 5G-based smart city solutions. Telecom operator Vodafone Idea (VIL) and smart world and communication business of engineering and construction conglomerate Larsen and Toubro (L&T) have joined hands for a pilot project to test 5G-based smart city solutions, according to a statement. This
Indian startup funding crosses bn in Q3, first time in any quarter: PwC. The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure
Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business. Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment
Ibis to invest over Rs 500 cr to add 685 keys across 4 hotels by FY24. Ibis, which last week opened its 20th property in the country at Vikroli in Mumbai offering 249 keys making it the largest, operates 3,808 rooms across 20 properties in 13 cities
UltraTech Q2 net profit flat at Rs 1,310 cr, revenue rises 16%. During the quarter, UltraTech's consolidated sales volume was at 21.64 million metric tons, registering a year-on-year growth of 8%
Sale of Air India will constitute an 'important milestone': IMF official. The International Monetary Fund on Monday said the sale of national carrier Air India will constitute an "important milestone" in India's privatisation efforts. Tata group has emerged as the winning bidder for the loss-making Air India, and on October 11,
Govt receives around Rs 814 cr from 5 CPSEs as dividend this fiscal. The government has received nearly Rs 814 crore as dividend tranches from five CPSEs, including PFC, HUDCO and OIL, this fiscal year, DIPAM secretary said on Monday. "Dividend tranches of about Rs 296 crore and Rs 233 crore have been received respectively
Procurement of expensive plane parts after senior official's nod: Air India. The airline in an order stated that if the repair of aircraft parts is going to cost more than Rs 10 lakh, it has to be first approved by the Executive Director Engineering
Govt paying Rs 20 cr daily on Air India, wants quick handover: DIPAM Secy. Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decisi
New subscribers to help Jio's Q2; tariff hikes to aid Airtel, VIL: Analysts. The urgency around tariff hikes has come down with Vodafone Idea Ltd's (VIL) near-term cash outflow significantly reduced, IIFL Securities said.
FinMin to seek Cabinet nod to set up firm to monetise some CPSE land assets. A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer: DIPAM Secy
Power Global to invest mn to set up battery infra facility in India. Power Global plans to invest around million to set up a lithium-ion battery manufacturing unit and battery swapping infrastructure in India
D-Mart Q2 consolidated net profit increases twofold to Rs 417 crore. Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, on Saturday reported a twofold increase in its consolidated net profit to Rs 417.76 crore for the second quarter ended September
MaxVIL plans to expand realty biz; looks to add at least 2 projects in FY22. Max group firm Max Ventures and Industries Ltd (MaxVIL) is looking to acquire at least two land parcels, outright or through joint ventures
Imagine Meats to bolster product range, aims presence in 25-30 cities. Imagine Meats, a food venture by Bollywood couple Genelia and Riteish Deshmukh, is working on expanding its range of plant-based meats suited for Indian taste buds
Legal fight on anvil as Dish TV board rejects YES Bank's demand for EGM. YES Bank, which holds 26% stake of Dish TV, has sought to remove Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal and Ashok Kurien from the board of Dish TV besides Jawahar Goel
Over 50 Indian IT companies showcase products at Dubai trade show. Gitex Global, dubbed as the world's biggest technology show, is being organised from October 17 to 21 at the Dubai World Trade Centre
Leisure Hotels Group to add 6 properties by 2022-end. Hospitality firm Leisure Hotels Group is looking to add six properties across the country by the end of 2022 as part of its expansion plans in the country, a top company official said. Currently, the company has 28 properties with around 1,000 rooms spread
Apple fires leader of #AppleToo movement at workplace: Report. Apple has reportedly fired a leader of the #AppleToo movement at the workplace, who deleted apps from her work devices during an internal investigation.
Apple supplier Foxconn may launch first electric vehicle on Oct 18. Apple supplier and the world's biggest contract electronics manufacturer Foxconn, the world's largest contract electronics producer is reportedly planning to unveil its first electric vehicle
HDFC Bank Q2 net up 18% to Rs 8,834 cr, steady rise in interest, fee income. Asset quality is largely stable; Total deposits up 14.4% at Rs 14.06 trillion YoY, advances rise 15.5% to Rs nearly Rs 12 trillion
MM Forgings acquires crankshaft supplier CAFOMA Autoparts for Rs 33 crore. Auto components maker MM Forgings Ltd (MMF) on Saturday said it has acquired one of the large independent suppliers of machined crankshafts CAFOMA Autoparts
Metropolis Healthcare board approves acquisition of Hitech Diagnostic. Metropolis Healthcare said its board approved the acquisition of Hitech Diagnostic Centre and its arm Centralab Healthcare Services in a combination of cash and equity shares deal.
Indiabulls realty arm's sales double to Rs 874 crore in H1FY22. According to an investors presentation, new sales stood at Rs 874 crore in the first half of this fiscal year from Rs 368 crore in the corresponding period of the previous year
Coal India to refrain from e-auction till stock situation stabilises. Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal
Zee-Invesco saga hots up as Reliance name is dragged in. The fight between Zee and Invesco is showing no signs of abating. The two parties have dragged each other to court. And, in a new twist, Reliance Industries has also been drawn to the scene
BS Interview: Wipro CEO Thierry Delaporte on worrying attrition situation. In an exclusive Q&A with Neha Alawadhi, Wipro CEO Thierry Delaporte spoke about his company's business, its plans, the attrition problem, and what Wipro is doing to manage its human resources
Indiabulls Real Estate sales bookings more than doubles in Apr-Sep. New sales stood at Rs 874 crore in the first half of this fiscal year
Reliance Brands to pick up 40% stake in Manish Malhotra's MM Styles. The designer firm will use the investment to expand to global markets, said a statement from the company
These teams worked remotely to help Flipkart pull off Big Billion Days sale. RedSeer says Flipkart emerged as the leader during festive sales with an impressive 64% market share. It competes with Amazon, Reliance's JioMart and Tata CLiQ in this space
Logistics cos say fully geared to meet challenges during festival demand. The new-age logistics companies expect multi-fold growth in shipments and are fully geared to meet the challenge with measures such as capacity expansion and additional hiring
Online sale of term life insurance products gains traction: Max Life. The pandemic has brought in a lot of awareness among the people and this is evident from the fact that sale of pure protection plan has seen a significant jump post COVID-19.
Larsen & Toubro launches new app-based learning platform. Larsen & Toubro (L&T) on Friday announced the launch of a new application-based learning platform to help create industry-ready talent. L&T EduTech a new industry-led, application-based, practical oriented learning platform, strongly rooted in technology,
DGCA temporarily suspends SpiceJet's licence to carry dangerous goods. The suspension is for 30 days, and during this period, SpiceJet will not be allowed to carry dangerous goods, including lithium-ion batteries
Work from home culture has gained acceptance, says CEO of Kerala IT parks. The culture of WFH has gained acceptance in the IT sector and has a positive impact on society by including more new mothers, according to John M Thomas, the CEO of IT parks in Kerala.
India among fastest growing markets for us, says Audible. Audible has now launched an 'all-you-can-listen Plus catalogue' for members and a free experience with thousands of titles for users in India
Centre notifies rules to settle Vodafone retrospective tax case. Vodafone Plc is required to give a declaration to the Income-Tax Department, withdrawing all legal proceedings against the government over the levy of retrospective taxes
Reliance Industries tops India Inc in World's Best Employer rankings 2021. The global ranking was topped by South Korean giant Samsung Electronics
Divestment-bound Air India reports Rs 7,017 crore loss for FY21. The loss after tax stood at Rs 7,017 crore in the year through 31 March 2021, down from a Rs 7,766 core loss recorded in the previous year
SECI invites expression of interest for 1GWh battery energy storage system. This will be discussed in the pre-bid conference scheduled to be held on 28th October 2021 at 4 pm
Air India's disinvestment likely to complete within the next 10 weeks: Govt. Bansal, who also holds the charge of Chairman and Managing Director of Air India, in an order said airline's disinvestment process is in its final stages and letter to intent has been already issued
HCL Tech Q2 net profit rises 4% to Rs 3,259 crore. Consolidated revenue rose 11% to Rs 20,655 cr
HCL Technologies Q2 profit rises 3.9%, hirings highest in 24 quarters. HCL said its Q2 revenue was Rs 20,655 crore, up 2.9 per cent sequentially, and 11.1 per cent year-on-year
Mother Dairy to set up 700 exclusive consumer touchpoints in Delhi. Mother Dairy will establish over 700 exclusive consumer touchpoints in the national capital by 2022-23 fiscal, mainly in the form of kiosks and franchise shops, as part of its strategy to expand presence and boost sales. Mother Dairy Fruit & Vegetable Pvt
Essar submits planning application for hydrogen production plants. Essar Oil (UK) Ltd said it has submitted a planning application seeking approval for the construction of hydrogen production plants at its Stanlow Manufacturing Complex in Ellesmere Port, UK
HCL Tech board okays long-term plan to add RSUs as part of compensation. Programme will include 3,000 senior leaders, is expected to help employee retention as tech industry sees high attrition and talent crunch
Govt notifies rules to settle Vodafone retrospective tax case. After the notification of the rules, Vodafone will have 45 days to approach the government for a settlement.
Okinawa Autotech in talks with PEs for Rs 500-crore fundraising. He added that the money is being raised to oil growth which is set to witness high double-digits from the exponential demand the company is getting now
Arrivae raises Rs 50 crore in funding round led by Rakesh Jhunjhunwala. Furniture startup Arrivae on Thursday said it has raised Rs 50 crore in the first external funding round led by ace investor Rakesh Jhunjhunwala
NLC India commences coal supply to NTPC's power plant in Odisha. NLC India on Thursday said it has commenced coal supply to NTPC's power plant at Darlipali in Odisha from its Talabira project in the eastern state
PhonePe's revenue grew 85% to Rs 690 cr in FY21, losses drop by 44%. The 85% YoY revenue growth was due to a rise in transactions. PhonePe has a lion's share of the volumes on United Payment Interface and Bharat Bill Payment System
Enforcement Directorate attaches assets in fraud case against STCL. The Enforcement Directorate on Thursday said it has attached assets worth over Rs 146 crore in a money laundering case linked to alleged fraud at the State Trading Corporation of India Ltd (STCL)
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