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NSE share market NEWS tomorrow (12 October, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 October 2021

Indian Bank was amongst the top gainers, currently trading at 159.80 in NSE with 3.179 times change in volumes and 9.602% change in price. Other gainers included Inox Wind with 8.932% price change and 0.743 times volumes, Canara Bank with 5.887% price change and 2.548 times volumes, Bharat Heavy with 5.768% price change and 2.438 times volumes, and Titan Company with 5.511% price change and 3.328 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.

Hcl Technologies was amongst the top losers, currently trading at 1250.35 in NSE with 2.433 times change in volumes and -4.033% change in price. Other losers included Suzlon Energy with -3.922% price change and 1.246 times volumes, Max Healthcare with -3.631% price change and 1.502 times volumes, Torrent Power with -3.412% price change and 0.287 times volumes, and Pg Electroplast with -3.095% price change and 0.254 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.

Air India sale kicks off privatisation drive, next up LIC listing: Official. Tuhin Kanta Pandey, spearheading the drive to sell state enterprises or shut them down, said the government hoped to complete the valuation exercise of LIC by November-December

Tata Motors to invest billion in EVs after fundraise from TPG. "The aim is to lead the EV charge in the market," said Shailesh Chandra, head of Tata Motors' passenger vehicles business

ReNew expects to commission 10.2 GW renewable energy capacity by FY23. Renewable energy firm ReNew Power is looking to commission its 10.2 gigawatt (GW) capacity by financial year 2022-23. In a statement on Tuesday, ReNew said it also expects to generate an annual EBITDA (earnings before interest, taxes, depreciation, and amo

TPG to invest billion in Tata Motors' electric vehicle subsidiary. The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal

Invesco pushed large Indian group's 'bad' deal: Zee Entertainment. Proposal would have led to Rs 10,000-cr loss to shareholders, says firm

Amazon India to provide 20,000 digital devices to underprivileged students. E-commerce company Amazon India on Tuesday said it will directly provide 20,000 digital devices to students from underprivileged communities to empower them for a brighter future

Airlines can now operate at full capacity, flight restrictions lifted. The decision was taken following a review of the current status of scheduled domestic operations, the ministry said in its order on Tuesday

Foxconn's Bharat FIH opens research, development centre in Chennai. Electronic manufacturing services firm Foxconn's subsidiary Bharat FIH, formerly known as Rising Stars Mobile India, has opened a research and development centre at the IIT Madras Research Park in Chennai, the company said on Tuesday. It will be among the

Looking forward to investing 'even more' in India: Bain Capital. Bain Capitalis looking forward to investing even more in the country and the next decade will be very important for both India and the US to work together to build businesses on a global basis

Air India deal burnishes India equity appeal as China cracks down on firms. The carrier's sale could pique interest in a number of state-run firms in which the government intends to divest stake.

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key. Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago

Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman. He will be involved in defining the company's short-term and long-term strategies, and will so work closely with the other Board Members and CXOs

Infosys Q2 preview: IT major could increase revenue guidance for FY22. Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys' revenue during the second quarter of the financial year 2021-22 (Q2FY22)

To boost CIRP outcomes, IBBI limits change in resolution plan to once. Gives option for a challenge mechanism, curbs discretion of CoC in considering certain resolution plans.

ReshaMandi raises million from Creation Investments, others. Founded in May 2020, ReshaMandi provides a full-stack digital ecosystem, starting from farm to fashion

M2P Fintech raises mn from Tiger Global to expand API platform globally. M2P's platform powers some of the leading banks, fintechs, and consumer internet companies across Asia becoming the leading fintech enabler in the region

Edtech firm Creative Galileo gets .5 mn in funding led by Kalaari Capital. Kalaari Capital's investment came from CXXO, an initiative to promote female founders in India's start-up ecosystem.

Rising prices of coal to weigh on steel companies' September qtr earnings. While the YoY show is expected to be stellar on low base and high realisations, QoQ profit growth is estimated to be weak for most players

Future awaits Singapore arbitration verdict; Amazon says not settling. Amazon says its openness for a dialogue should not to be 'misconstrued as an offer for settlement'

TDSAT asks DoT not to encash BGs against Airtel, VIL till next hearing. Telecom tribunal TDSAT on Tuesday asked the Department of Telecom to put on hold the encashment of bank guarantees in the penalty case of Bharti Airtel and Vodafone Idea till the next date of hearing.

Google, Temasek back Indian neo-banking firm Open with 0 mn investment. Open plans to use the funds to strengthen its leadership in SME neo-banking space. taking the total SME base from 2 million at present to 5 million in India and expand its services to South East Asia

Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups. Investor says unique business positioning of the five firms and ability to survive through adversities like Covid is what made them attractive propositions for BlackSoil

Myntra concludes its festive sale with record 52 mn visitors, 8 mn orders. Held between October 3-10, Myntra's event had 7.6 billion homepage impressions. There were 9,000 orders per minute at peak; 45% of demand came from tier-2 and 3 cities

Flipkart Wholesale sees 70% e-commerce adoption by kiranas at festive sale. Over 500,000 kiranas across 10,000 pin codes in 24 states and union territories shopped on the platform and through the Flipkart Wholesale Best Price stores

Virtual events platform Hubilo raises 5 mn for global expansion. The investment signals a change in ways people engage and share experiences at a time when uncertainty about Covid-19 has seen cancelled events and delayed a return to traditional office environment

TPG Rise to invest Rs 7,500 cr in Tata Motors' EV arm at .1-bn valuation. TaMo and TPG Rise Climate have entered into a binding agreement under which TPG Rise Climate along with its co-investor ADQ, will invest in a subsidiary of TaMo that will be newly incorporated

Small towns will write next chapter of India's startup story: Oyo CEO. Small towns will write the next chapter of India's startup story, OYO Founder and Chairman Ritesh Agarwal said on Tuesday, as he extended his support to four startups from Ladakh and the Himalayan region that are part of the Naropa Fellowship programme. Na

Concor strategic sale not happening this fiscal: DIPAM Secretary. For Concor, the post privatisation rail land usage policy is yet to be finalised by the Ministry of Railways and hence the EoI could not be issued.

NTPC says Delhi discoms scheduling only 70% of power available with them. On Monday, Chief Minister Arvind Kejriwal had said that the power situation is "very critical" in the entire country.

Tata Sons' board takes stock of Air India acquisition. The company will be raising around Rs 15,000 crore as debt from banks to fund Air India acquisition

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report. In light of surged global sugar prices, the export prospects look promising for the upcoming sugar season even if export policy isn't announced: Report

Govt accords 'Maharatna' status to Power Finance Corporation. An order to this effect was issued on Tuesday by the Department of Public Enterprises, under the Ministry of Finance.

Spectrum reforms, future allocation norms will ease burden on telcos: COAI. COAI said spectrum reforms notified by government including removal of financial bank guarantee requirements, and scrapping of SUC for future auctions would ease financial burden on operators

Top headlines: IMF says India to grow 9.5%; retail inflation at 5-month low. Business Standard brings you the top stories from today

Bharti Group's OneWeb ties up with Isro to kick off India chapter. Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Airtel, Vodafone Idea move telecom tribunal against DoT's demand notice. DoT had recently issued demand notices to both the telcos to pay cumulative Rs 3,050 crore in penalties in three weeks' time for violating norms by denying Reliance Jio PoIs way back in 2016

Reserve Bank of India retains advisory committee on Srei group companies. On October 04, 2021, RBI had constituted a three-member panel to assist Rajneesh Sharma, Administrator in discharge of his duties

HCL Tech, Google Cloud expand tie up for healthcare, life science solutions. HCL Technologies on Monday said it has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions for customers

CCI penalises PMP Infratech, Rati Engg for rigging tender floated by GAIL. PMP Infratech fined Rs 25 lakh, Rati Engineering to pay Rs 2.5 lakh; personnel managing and controlled the two firms also penalised, cease-and-desist order passed

RBI retains advisory committee on Srei group companies. The RBI on Monday said it has decided to retain the advisory committee of Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) to advise the administrator in the operations of the two Srei group companies during the corporate insolv

Air India privatisation reflects govt resolve to bite reform bullet: CII. The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.

TVS Supply Chain Solutions raises Rs 590 cr from Exor-managed fund. TVS Supply Chain Solutions on Monday said it has raised Rs 590 crore from a fund managed by Europe-based diversified holding company Exor, for its future growth and transformational initiatives

Suresh Bose takes charge as chief HR officer at Jindal Stainless. Jindal Stainless Ltd (JSL) on Monday said Suresh Bose has been appointed its chief human resources officer (CHRO), with immediate effect. Bose, who joined on Monday, will be responsible for driving people strategy, workplace culture, talent management and

Welspun Corp to develop guideline for transportation of hydrogen gas. Welspun Corp Ltd on Monday announced joining a global industry project to develop the "world's first guideline" for transportation of hydrogen gas in existing and new offshore pipelines

Internal restructuring of TVS Group gets CCI approval. There are 16 entities that are parties to the proposed transaction.

HFCL Q2 profit up 61% to Rs 86 crore; revenue up 6.4% to Rs 1,122 crore. Domestic telecom gear maker HFCL on Monday posted a 61.18 per cent jump in its consolidated net profit to Rs 85.94 crore in the September quarter.

Tata Sons board meet on Tuesday to discuss Air India acquisition. In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source

Top headlines: Akasa Air gets govt NOC; Invesco breaks silence on Zee feud. Business Standard brings you the top headlines on Monday

JNPT reports 40.4% growth in container traffic in H1 FY22. The country's premier container port JNPT has reported 40.40 per cent growth in container traffic at 2,703,051 TEUs in the first half of the fiscal, according to a release on Monday.

Govt issues letter of intent to Tatas for sale of Air India. Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed

CCI slaps penalties upon 2 firms for bid rigging in GAIL tender. CCI passed a final order against two firms - PMP Infratech Pvt Ltd and Rati Engineering - for indulging into concerted practices leading to bid rigging of a tender floated by GAIL in 2017-18

Coal India arm provides 76.6% coal to power producers in current month. Coal India Ltd (CIL) accounts for over 80 per cent of the total domestic coal output.

Adani Ports to stop handling containers from Iran, Pak, Afghanistan. The decision comes weeks after Indian officials seized nearly three tonnes of heroin originating from Afghanistan worth an estimated Rs 20,000 crore

SECL agrees to supply 29,500 metric tonnes of coal per day to Chhattisgarh. Amid reports of coal shortage in the country, the Chhattisgarh government on Monday said SECL will ensure the supply of 29,500 metric tonnes of coal per day for thermal power plants in the state

Fintech firm Salt to ramp up hiring in India; raises 0,000 funding. Fintech firm Salt on Monday said it has raised 0,000 and is looking at strengthening its headcount to about 100 by the end of next year

Prestige group Q2 sales bookings up 88% to Rs 2,111.9 crore. Real estate firm Prestige Estates Projects Ltd on Monday reported an 88 per cent year-on-year growth in its sales bookings at Rs 2,111.9 crore for the quarter ending September on better housing demand

Future group firms convene shareholder meetings to seek nod for RIL deal. The scheme of arrangement between Future and Reliance Retail, announced in August last year entails consolidation of Future Group's 19 companies into one entity -- Future Enterprises Ltd.

Adani Group takes over management of Jaipur International Airport. The airport has been leased out to the group by the government of India for a period of 50 year

Zostel asks Sebi to reject and suspend Oyo's .2-billion IPO. The move can potentially lengthen Sebi's clearance process

Urban Company rejects women workers allegation, says their earning is fair. Urban Company denied allegations levelled by its women beautician partners of providing very low commission to them and claimed that the earnings are far more

Air India sale: Modi govt's first privatisation in 7 years; what next?. With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

OneWeb to be first pvt player to launch satellite from Indian soil: Mittal. Bharti Group's subsidiary OneWeb will be the first private player to launch satellites from Indian soil through ISRO facilities, Bharti Enterprises chairman Sunil Bharti Mittal said Monday.

Bharti's OneWeb, ISRO arm collaborate to launch satellite in India. Bharti Group backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022. The arrangement has been made through a letter of intent (LOI) with NSIL, to

JSW Steel says group combined output grew 29% to 5 MT in Jul-Sep. JSW Steel on Monday posted a 29 per cent year-on-year growth in group combined steel production at 5.07 million tonne (MT) during the quarter ended September 30, 2021. In a statement, it said it had produced 3.92 MT in the July-September period of financia

Expect 6-8 Gw of renewable projects in the market soon: Virescent CEO. India's first renewable InvIT raised Rs 400 crore recently; CEO Sanjay Grewal says there is enough capital to support their investment strategy

ForeignAdmits raises Rs 3.4 cr in seed round led by Unicorn India Ventures. ForeignAdmits makes use of data-backed counseling process and peer-to-peer mentorship by international graduates and alumni networks

F5 raises Rs 5 cr in pre-series A funding round led by Auxano Capital. F5 is building a hyper-local ecosystem around the daily workplace needs of the consumer

Graphy acquires edtech platform Spayee for million. Spayee allows content creators to produce customised courses in the form of audio and video tutorials, PDF documents, quizzes, assignments, and live classes

Indian Oil defers maintenance shutdown of units at Haldia: Report. Haldia refinery has two crude and vacuum distillation units.

Zee-Sony merger deal not in interest of small shareholders: Invesco. In an open letter, Invesco calls on Zee shareholders to join in asking why the founding family should benefit at expense of investors who hold 96% in company

Coal India scales up fuel supply to power plants to 1.51 MT per day. The development assumes significance in the wake of reports that warned of a power crisis looming large due to the coal shortage in the country.

TVS SCS raises Rs 590 cr from fund managed by Italian business dynasty. Earlier this year, Agnelli group's holding company Exor, through another fund managed by them, had invested in Ki Mobility Solutions-a subsidiary of TVS Automobile Solutions

Unacademy-backed Graphy acquires edtech platform Spayee for mn. Post acquisition, Spayee will continue to operate independently; it allows content creators to produce customised courses in audio and video, PDF documents, quizzes, assignments and live classes

Govt receives over Rs 2,593 cr dividend from NTPC, PGCIL this fiscal. The government has received Rs 7,515 crore as dividend from central public sector enterprises so far in the current financial year

Air India privatisation: Rs 16,000 cr unpaid bills to go to govt's AIAHL. As on August 31, Air India had a total debt of Rs 61,562 crore

Lulu Group opens third shopping mall in India; plans more launches. The Group with its flagship retail chain of Lulu hypermarkets and supermarkets has operations spread over 22 countries.

Morgan Stanley names Anahita Tiwari head of India global in-house centres. She joins Morgan Stanley from JP Morgan Chase India where she was the head of Global Finance and Business Management and is a certified chartered accountant

Indian businesses have bullish hiring plans as they look to rebuild: Survey. The pandemic also impacted the benefits offered by corporates to its employees.

Maruti Suzuki reports over two-fold dip in production in September. In a regulatory filing, the auto major reported total production of 81,278 units in September as compared with 1,66,086 units in September 2020.

Jhunjhunwala-backed Akasa Air gets no objection certificate from govt. The company's next step will involve applying to DGCA for Air Operator's Permit; Akasa Air to start flights in the summer of 2022

CBI books Trimax IT Infra and management for cheating banks of Rs 862 crore. The firm had been involved with important govt tenders of BSNL, UPSRTC and Bengaluru Metropolitan Transport Corp

Media & entertainment space gets new PE fund; IMEF raises Rs 500 crore. Sources in the know said that the fund is expected to close its first deal in the next 90 days

Salary issues resolved; cases by lessors don't help anyone: SpiceJet chief. The court cases filed by aircraft lessors to recover their dues don't assist anybody very much and all such disputes eventually end in settlements, SpiceJet CMD Ajay Singh said

We are having conversation with Akasa for aircraft deal: Airbus CCO. Airbus is in conversation with Rakesh Jhunjhunwala-backed new airline Akasa for an aircraft procurement deal, a top official of the European plane manufacturer has said.

Discoms' outstanding dues to gencos rise 3.3% to Rs 116,127 cr in October. Total outstanding dues owed by electricity distribution companies to power producers rose 3.3 per cent year-on-year to Rs 116,127 crore in October

Ultratech emerges as preferred bidder for limestone block in MP. Ultratech Ltd has emerged as preferred bidder for a limestone block in Madhya Pradesh. Ramstahn Ghunchihai limestone mine, which has reserves of 209.77 million tonnes, was auctioned in the current fiscal. The limestone mine is among five mineral blocks tha

India Inc's revenue likely grew 18-20% on-year to Rs 8.2 trn in 2nd quarter. Higher commodity prices, continued revival in demand for consumer discretionary products likely lifted corporate revenue 18-20% on-year to Rs 8.2 trn in the second quarter of this fiscal, says study

RIL's renewable energy arm buys REC Solar Holdings in 1 mn deal. Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision

Work to monetise Alliance Air, 3 other AI subsidiaries to start: DIPAM Secy. After AI privatisation, government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets DIPAM Secy Tuhin Kanta Pandey

Govt starts process for filling posts of independent directors in PSBs, FIs. As per the Companies Act 2013, every listed public company shall have at least one-third of the total number of directors as independent directors.

Reliance buys Norway's REC Solar Holdings from China's Bluestar for 1 mn. This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired

RBI's decision to supersede Srei's board will prevent domino effect:Experts. NCLT on Friday admitted the insolvency pleas moved by banking sector regulator RBI against the two Srei Group firms and appointed an administrator to run the companies.

Industry must begin using coal through gasification technology: JSPL MD. The gasification technology will also help India overcome the shortage of oil, gas, methanol, ammonia, urea and other products, making the country Aatmanirbhar

Instasafe eyes expansion in Middle East, Europe for cybersecurity solution. Cybersecurity solutions provider InstaSafe Technologies is looking to expand its presence in the Middle East and Europe, a top company official said.

Grundfos signs MoU with TATA Projects for projects in environment, water. The MoU with TATA Projects would be done through cooperation and joint ventures in technology, identification of market and joint business development.

Jio Platforms Haptik claims 300% yoy growth, bullish on Whatsapp e-commerce. Haptik's customer base include Dream 11, Oyo Room, Lenskart, Ola cab, Pepperfy, Upstox, Havells, Ceat, Eureka Forbes etc.

Dream11 suspends operations in Karnataka after police lodged FIR. Dream11 has suspended operations in Karnataka after a complaint was registered against its founders claiming it was in violation of a new state gambling law.

Shift Freight plans to raise -30 mn by next fiscal; dilute 10-15% stake. The Noida-based startup currently has presence across 25 cities and carries out around 70 movements per day with majority of them being inter-city.

CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO. CSS Corp, which is looking at going in for an IPO towards the end of 2023 as a standalone business, counts India among its largest talent base

RIL picks up 40% in SP group's Sterling and Wilson Solar for Rs 1,100 cr. As part of deleveraging its stretched balance-sheet, the Shapoorji Pallonji Group is divesting its second key asset within a month by selling 40 per cent stake in Sterling & Wilson Solar, the solar EPC joint venture it runs with the Khurshed Yazdi Daruvala

Latest stock market News for tomorrow Access previous news reports: 1042104310441045104610471048104910501051105210531054105510561057105810591060

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