NSE share market NEWS tomorrow (06 October, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 October 2021
Bosch was amongst the top gainers, currently trading at 17277.35 in NSE with 27.433 times change in volumes and 11.658% change in price. Other gainers included Indian Rail with 7.135% price change and 1.59 times volumes, Tata Elxsi with 5.544% price change and 3.61 times volumes, Oil Natural with 2.719% price change and 0.771 times volumes, and Bandhan Bank with 2.43% price change and 4.097 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.
National Aluminium was amongst the top losers, currently trading at 96.65 in NSE with 0.58 times change in volumes and -5.615% change in price. Other losers included Astral Poly with -5.044% price change and 1.031 times volumes, Bharat Heavy with -4.604% price change and 0.803 times volumes, Rbl Bank with -4.424% price change and 2.573 times volumes, and Indian Hotels with -4.339% price change and 1.801 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.
Visa launches India's 1st card 'token' service for online platforms. Visa's card tokenisation service is currently available with ecommerce platforms such as Grofers, Bigbasket and MakeMyTrip.
DoT slashes bank guarantee requirement for telecom operators by 80%. The Department of Telecom has slashed performance and financial bank guarantee requirement of telecom operators by 80 per cent, according to a licence amendment note issued on Wednesday. Under the amended norms, telecom operators will be required to provid
Lupin gets tentative nod from USFDA to market generic Brexpiprazole tablets. The product is a generic version of Otsuka Pharmaceutical Co Ltd's Rexulti tablets in the same strengths
Sobha's Q2 sales bookings up 49% at Rs 1,030 cr on improved housing demand. The company had sold properties worth Rs 689.9 crore in the year-ago period.
MobiKwik bullish on core business, buy-now-pay-later launched in May 2019. The firm currently has 22.3 mn pre-approved BNPL users and is handling over 4 mn such transactions a year. It is seeing 14x growth from a year ago
Tata Steel's output grows 7% in July-September period. The company's consolidated steel production was 7.25 MT in the same period last year, Tata Steel said in a statement.
Semiconductor shortage dampening festive spirit for electronics, auto firms. The global semiconductor shortage is hitting the Indian mobiles, consumer electronics and automotive sectors hard in the midst of the festive season when sales usually peak, with the automobile industry understood to have piled up around 5 lakh pending ord
Search for CXO level roles in India grows 80-100% in Sept quarter: Report. About 69 per cent of senior-level executives have stated they will look for new job opportunities this year: Report
VMware sees tremendous growth potential in multi-cloud solutions in India. Cloud computing company VMware on Wednesday said it is investing in the Indian market as it sees "tremendous growth potential" in its multi-cloud solutions in the country
BharatPe enters BNPL, offers even 'golgappas' on EMI as it bets on offline. Launches new product 'postpe' towards this end, which customers can download from Play Store and avail interest-free credit limit of up to Rs 10 lakh
Rossari Biotech hikes prices, sees 50% jump in revenue, profit this fiscal. Rossari Biotech is expecting to close FY'22 with at least 50 per cent growth in both topline and bottomline on the back of rising demand and a substantial price hike that will help boost margins
Parli thermal power station has buffer stock of coal for two days: Official. The Parli thermal power station in Beed district of Maharashtra is left with the buffer stock of coal that will last for just two days due to short supply, a senior official said on Wednesday
Indian Oil in talks with state transport undertakings for hydrogen projects. The units in UP and Gujarat will be close to the refineries. Plan is to run 10-20 buses in both states initially; Kerala to have a standalone green hydrogen unit
LIC IPO: Govt may not need to amend any law to permit foreign participation. Foreign participation would be allowed as per the listing norms of the Securities and Exchange Board of India (SEBI) and the extant sectoral FDI guidelines
Govt should fix a deadline for phasing out IC engines: Hero Electric MD. In a Q&A, Naveen Munjal outlines his plans for the company and his learnings
Coal shortage may lead to rise in steel prices in coming months: JSPL MD. Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry executive on Wednesday. A tonne of coal, which was in the range of Rs 4,000-6,000 a tonne, is now costing Rs 8
Jhunjhunwala-backed Nazara plans Rs 315 cr preferential issue. In a statement on Wednesday, Nazara said the fresh funds will be utilised for the growth initiatives of the company
Titan registers strong recovery in demand in Q2 FY22. Titan on Wednesday said it has witnessed a strong recovery in demand in the July-September quarter, and its sales in most of its divisions have either reached above or close to pre-pandemic levels
Inox Wind board okays issuance of preference shares worth Rs 1,100 cr. Inox Wind on Wednesday said its board has approved the issuance of preference shares worth Rs 1,100 crore to its promoters
BharatPe aims to facilitate 0 mn loan book for lending partners. Fintech firm BharatPe on Wednesday announced its foray into the 'Buy Now Pay Later' (BNPL) category with 'postpe'
I will not let Invesco take over Zee illegally, says Subhash Chandra. Invesco must put its offer on the table and avoid any clandestine bid on Zee, says its Chairman Emeritus
Srei files writ petition in Bombay High Court against RBI. The matter will be heard on October 7
Govt to amend rules, allow 20% foreign investment in LIC IPO: Report. Government officials are due to meet and discuss the proposal as early as Wednesday afternoon in New Delhi, says Bloomberg.
The Kolkata-based family behind Srei Infrastructure. The RBI recently superseded the boards of Srei Infra and Srei Equipment Finance. While the situation is still developing, we delve into the background of the family behind the business
Qapita raises mn in Series A round led by East Ventures, Vulcan Capital. Qapita had raised .25 million in earlier rounds of funding
Indian BPO market to hit .8 bn by 2025 amid liberalised regime. In November 2020, the government had simplified BPO and ITES guidelines to ease the compliance burden on service providers and establish the 'Work-From-Home' and 'Work-From-Anywhere' framework.
TCS' long-standing partnership with SBI extended for another 5 years. Under new contract, TCS will continue to maintain, enhance SBI's application estate around core banking, trade finance, financial reporting &, financial inclusion with new features and functionality
Ozonetel raises mn in Series A funding round led by Skateboat Capital. Ozonetel introduced contact/call centre as a service (CCaaS) in the India market in 2010
Swiggy announces two liquidity events over 2 years for employees with ESOPs. The entire exercise is expected to be worth -40 million at the company's current valuation
Decoded: What are unicorns, decacorns and hectocorns?. We hear the term unicorn so very often for startups that are doing well. So what are unicorns in the startup universe? Can only startups become unicorns? Let's understand all these
Zuckerberg denies Facebook puts profit over users' safety. Facebook Chief executive officer (CEO) Mark Zuckerberg has rejected accusations that the social network prioritises profit over its users' safety.This comes after former company product manager Frances Haugen told a congressional testimony on Tuesday that
Crypto startup CoinSwitch Kuber is 30th Indian unicorn with 0 mn funding. It is also the second crypto unicorn in the country, with valuation crossing .9 bn after Series C round led by Andreessen Horowitz
Mercedes-Benz posts nearly 100% domestic sales growth in September. German premium car maker Mercedes-Benz on Wednesday reported nearly 100 per cent growth in sales at 4,101 units in the domestic market in September of the current year.
Amid Invesco spat, Zee says open to rival offers for Sony bid. The comments show the battle between the company and its largest investors is set to worsen
Bizongo turns profitable; eyes 0 mn in annualised revenue by FY22. The tech-enabled B2B e-commerce platform for customised goods, has grown four times since the start of the year, and already surpassed 0 million in annualised revenue.
Zee approaches NCLAT against NCLT order on Invesco's plea for EGM. Zee seeks more time to file reply on Invesco's arguments for convening an EGM
Good Glamm Group acquires D2C brand The Moms Co for around Rs 500 cr. The Moms Co to continue as an independent entity. Over past four years, the brand has catered to two million customers across 20,000 pin codes in India
Moody's raises rating outlook to stable for 18 Indian companies, banks. The nine companies whose rating outlook has been revised upwards are RIL, TCS, Infosys, ONGC, Petronet LNG, UltraTech Cement, Oil India, IOC and HPCL
Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands. Over the next three years, Mensa will acquire over 50 brands across categories including home, garden, apparel, personal care, and beauty
Jio, Bharti may see 5-7% sequential revenue rise in Q2: Jefferies. Telcos Reliance Jio and Bharti may post a 5-7 per cent sequential rise in revenue with a steady margin for the second quarter of FY22, according to Jefferies. Bharti's growth will be led by segmented tariff hikes taken in the second quarter ended September
Shailesh Dobhal succeeds Shyamal Majumdar as Editor of Business Standard. Mr Dobhal (51) joined Business Standard in 2011 as Resident Editor in New Delhi
Bharti Airtel to test 5G services in India on the millimetre band. The band is considered suitable for next-generation 5G services even as Trai is yet to discover the price of these bands
Pandora Papers: 'Kunal Kashyap has no influence over Biocon-linked trust'. According to a company statement, the Deanstone Trust, which was mentioned as part of a leak of offshore tax haven files called the 'Pandora Papers,' was set up for philanthropic endeavours
Syringe makers urge govt not to restrict export of non-Covid size syringes. The government on Monday imposed export curbs on syringes with immediate effect
Tekion raises 0mn in Series D funding round; valuation nearly triples. The round was led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor and several reputable dealer groups across the US
Byju's launches innovation hub; to hire AI specialists in the US, UK, India. Byju's, which has over 100 million registered students and 6.5 million paid subscribers, is backed by marquee investors
RMZ Corp appoints Avnish Singh as MD-Investment Management. Bengaluru-based realty firm RMZ Corp has appointed Avnish Singh as Managing Director, Investment Management. RMZ Corp is a privately-owned real estate owner, investor, and developer. Singh will be instrumental in driving RMZ's growth, across India. His rol
Govt receives over Rs 2,800 cr dividend from CIL, ONGC this fiscal. The government has received over Rs 2,800 crore as dividend from Coal India and ONGC this fiscal year (FY), DIPAM secretary said on Tuesday. "Government of India has respectively received about Rs 1426 cr from Coal India Ltd and Rs 1406 cr from ONGC as div
AIWA eyes Rs 200 crore biz from audio category in India in next two years. Japanese electronics brand AIWA on Tuesday launched a new range of 'Luxury Acoustics' speakers and said it expects its audio category to be about Rs 200 crore business in the country in next two years
PepsiCo logs double-digit volume growth in Q3 in India. Recovery from the Covid-19 pandemic led to an increased consumer demand impacting positively the company's revenue
Marico sees revenue growth in second quarter in 'low twenties'. Premium personal care portfolios grew "handsomely, albeit on a low base", it said
Arihant Superstructures to raise up to Rs 500 core through securities. Realty firm Arihant Superstructures Ltd plans to raise up to Rs 500 crore through issuance of securities. In a regulatory filing, the Mumbai-based firm said the board of directors approved raising of up to Rs 500 crore by issuance of securities. The issue
Top headlines: Moody's upgrades India's outlook; Vedanta eyes Hind Copper. Business Standard brings you the top headlines on Tuesday
Future Retail, 7-Eleven terminate franchise agreement after payment default. In a statement to the stock exchanges, Future Retail said no financial or business impact on the company is expected as the arrangement was at the subsidiary company level
Coal crunch: 64 non-pithead plants left with less than 4 days of stocks. Ahead of the festival season, the coal supply crisis seems to be deepening as 64 non-pithead power plants are left with less than four days of the dry fuel stocks
Edtech startup upGrad crosses 0 million annual revenue run rate. The firm has chalked a multidimensional growth plan
Court sends Unitech promoter Sanjay Chandra's wife, father to ED custody. Additional Sessions Judge Dharmender Rana sent Preeti Chandra to ED's custody till October 9, Ramesh Chandra to October 8, and Rajesh Malik till October 11.
Policy vacuum speed breaker may slow down India's booming used car market. The pre-owned car market has got a boost with the entry of startups like Cars24, Olx Autos, Droom and CarTrade. But there's still a policy vacuum here. Let's understand how it can hit the market
What's a SPAC and how does it help startups in raising money? Decoded. SPAC is the new buzzword in the deal-making space. It is becoming very popular with founders in India and abroad. So, what is a SPAC and how does it work? Let's understand
Ministry asks Coal India to invest in electric vehicles, charging pods. Coal India is the world's largest coal mining company by production and accounts for over 80% of India's output of the fuel.
Meesho to host biggest festival sale event after crossing .9 bn valuation. Social e-commerce startup says shopping gala will help local businesses across country to sell online.
SpiceJet's Ajay Singh plans fleet expansion as carrier nears break-even. SpiceJet chairman Ajay Singh expects his cargo business to reach billion in revenue in two to three years.
Licious becomes India's first D2C unicorn after raising mn. Direct-to-consumer (D2C) platform Licious on Tuesday said it has raised million to become Indias first D2C unicorn.
Live video startup 100ms raises .5mn in seed round led by Accel. 100ms provides infrastructure that allows companies to add Zoom-style video conferencing inside their apps.
TVS Motor signs agreement with Tata Power to develop EV ecosystem. A memorandum of understanding between the two companies speaks of deploying solar power technologies at TVS Motor's select locations
Ola acquires geospatial provider GeoSpoc to build new mobility maps. Cab-hailing platform Ola on Tuesday said it has acquired GeoSpoc, a leading provider of geospatial services in the country, for an undisclosed sum
Chalo raises mn in funding round led by Lightrock India, Filter Capital. Public transport technology company says it will use money to expand its bus support services.
Mahindra Logistics ramps capacity, adds 14,000 jobs ahead of festive season. The company is adding solutions like pop-up facilities across eight major cities aggregating to 1.1 million sq ft
CIL announces performance reward of Rs 72,500 per non-exec employee. State-owned Coal India on Tuesday announced a performance-linked reward of Rs 72,500 per employee to all its non-executive cadre workforce for financial year 2020-21. The payment of performance-linked reward (PLR) would be made on or before October 11, 202
AstraZeneca seeks US emergency approval for Covid-19 antibody cocktail. The cocktail can supplement vaccines for people who haven't mounted a strong response to the shots -- or to protect those who couldn't be immunized
Govt asks CIL to explore prospects in electric vehicles, charging pods. CIL has chosen new business area for diversification where carbon emission is minimum
Ola acquires GeoSpoc to build next-generation location technology. Ola has acquired geospatial services provider GeoSpoc, a move that will help the ride-hailing platform develop technologies to make mobility accessible and convenient
Airtel conducts India's first rural 5G trial along with Ericsson. The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR
CavinKare enters D2C space with Buds and Berries personal care brand. Firm lists its signature products exclusively on Amazon; the Buds and Berries range includes Shampoos, face masks and lotions among other things
Meat startup Licious becomes first Indian D2C unicorn with mn fundraise. Licious has become India's 29th unicorn in 2021; funding will help it compete better with players such as FreshToHome, Zappfresh as well as large players like BigBasket and Swiggy
Natural gas price increase positive for ONGC, Reliance: Fitch. The gas price increase will hit the fertiliser sector's profitability by increasing working-capital requirements, Fitch said.
Anil Agarwal-led Vedanta eyes buying govt's stake in Hindustan Copper. Agarwal says due diligence is being done and that the company is waiting for date of Hind Copper's privatisation to be announced
Zoomcar sets up office in San Francisco ahead of US listing next year. Car sharing marketplace Zoomcar on Tuesday said it has opened an office in San Francisco ahead of its US listing next year. The new office in the US will further bolster Zoomcar's push to create a global car-sharing platform and prepare the company for its
Chalo raises mn from Lightrock India, Filter Capital, others. Chalo, which powered 20 million bus rides in September 2021, has 15,000 buses live on its platform and a presence in 31 cities
HDFC Bank launches Festive Treats 3.0 with over 10,000 offers. The private sector lender has partnered with over 10,000 merchants across more than 100 locations
Ola acquires GeoSpoc to build next-gen location tech for undisclosed sum. GeoSpoc co-founder Dhruva Rajan and his team of Geospatial scientists and engineers will be joining Ola
Future Retail, 7-Eleven terminate franchise agreement. Deal got terminated over not being able to meet target of opening stories, payment of franchisee fees
NCLT asks Zee to file reply on Invesco's plea for EGM by Oct 7. The tribunal, on Tuesday, said it cannot give Zee Entertainment Enterprises 'weeks and weeks' of time for filing its reply
US-based Dairy.com buys 100% stake in Mr Milkman in first India investment. Mr Milkman, a last-mile dairy supply chain SaaS platform, is already being used by over 60 Indian dairy brands
Reliance to transform energy business, says Morgan Stanley. Over the next few decades, the world will need to fundamentally retool the way it produces and consumes energy
NCLT asks Zee to file reply to Invesco's plea for EGM by Oct 7. Zee argues that Invesco's plea should be dismissed as the petition is seeking ad-interim relief as its final relief
Airtel's right entitlement trading off to flying start, close 24% higher. The REs should rise further as they ended at the day's upper trading limit
New E-com, fashion brands see surge in sales as festive season begins. E-commerce and luxury fashion brands are witnessing bumper sales especially from the tier 2 and 3 cities, keeping their cash registers ringing
Kiran Mazumdar-Shaw says husband's offshore trust wrongly implicated. Kiran Mazumdar-Shaw on Monday said media reports on the 'Pandora Papers' leak have wrongly implicated her husband's offshore trust, and termed the organisation as "bonafide" and "legitimate". The industry veteran noted that both she and her husband are law
Zuckerberg loses bn in hours as Facebook crash takes down firm's stock. Facebook CEO's worth down to 0.9 billion, dropping him below Bill Gates to No. 5 on the Bloomberg Billionaires Index.
Well-managed companies attract equity investors: Nirmala Sitharaman. Sitharaman said advise given by company secretaries to businesses is going to make a lot of difference as only "well-managed" companies following good governance practices are attracting investors
Indian IT's Q2 results to reflect growing digital transformation demand. Key metric to watch will be TCV wins, and attrition
Metlife boosts stake in Indian JV after investment limit relaxed. The deal will boost MetLife's stake in PNB MetLife to more than 47%
Gautam Adani says -70 bn investment planned across energy chain. Adani said his infrastructure conglomerate will invest between USD 50-70 billion in organic and inorganic growth opportunities across the entire energy value chain over the next decade
Metlife to hike its stake in PNB Metlife to 47.32% in Rs 1,906 cr deal. Signs share purchase agreement with IGE (India) Pvt Ltd and Elpro International Ltd to acquire their combined holding of 15.27% in PNB MetLife India Insurance
Hindustan Zinc mined metal production rises 4% to 2,48,000 tonnes in Q2. The company's mined metal production was at 2,38,000 tonnes in the year-ago period.
Unitech founder, daughter-in-law held by ED in money-laundering case. The ED's money laundering case is based on a number of Delhi Police Economic Offences Wing and CBI FIRs filed by homebuyers against the Unitech Group and its promoters
CCI gives nod to combination involving Clariant Pigments Business, Heubach. The entity holding the resulting combined business will be controlled by SK Capital Partners, LP with Heubach Holding GmbH and Clariant AG holding minority stakes
RBI names advisory committee to assist administrator of 2 Srei group firms. Srei group, which mainly caters to the MSME and infrastructure sectors, owes around Rs 18,000 crore to around 15 lenders
Esper raises million in Series C funding led by Insight Partners. The investment brings Esper's total funding to 0 million and follows the company's million Series B just four months ago in May 2021
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