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NSE share market NEWS tomorrow (06 December, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (06 December, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 December 2021

Idea Cellular was amongst the top gainers, currently trading at 15.00 in NSE with 1.527 times change in volumes and 3.806% change in price. Other gainers included Kei Industries with 3.738% price change and 1.376 times volumes, Nhpc with 2.611% price change and 1.601 times volumes, Indian Bank with 1.612% price change and 1.139 times volumes, and Varun Beverages with 0.837% price change and 0.836 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.

Coal India was amongst the top losers, currently trading at 148.55 in NSE with 1.185 times change in volumes and -7.011% change in price. Other losers included Fsn E with -5.743% price change and 2.111 times volumes, Pb Fintech with -5.274% price change and 3.494 times volumes, Inox Wind with -5.153% price change and 0.848 times volumes, and Fortis Healthcare with -5.027% price change and 2.04 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.

Manyavar brand owner Vedant Fashions plans to double retail floor space. The company aims to add over 100 stores next year alone; overall goal is to have 2 mn sq feet over next few years, form 1.1 mn sq ft currently

Govt departments, autonomous bodies owe over Rs 244 cr to Air India. Government departments and autonomous bodies have dues of more than Rs 244 crore to Air India, of which a little over Rs 30 crore has been recovered, the government said in Parliament on Monday. "Government departments/autonomous bodies owe Air India Rs 24

Watch: Better.com CEO lays off 900 employees in US, India via Zoom call. 'This isn't the news that you're going to want to hear but ultimately it is my decision and I wanted you to hear it from me,' Vishal Garg is heard saying

HCL Tech says to hire 12,000, including 2,000 freshers, in US over 5 years. Hiring will be done across roles including in IT consulting, cloud, data analytics and digital engineering

Greater Pacific Capital invests mn in Muthoot Microfin's expansion plan. Company plans public offering in 2-3 yrs, targets AUM of Rs 10,000 cr

IndiGo promoters call EGM on Dec 30 to amend share clauses. A removal of the clause will allow either side to sell or transfer shares to a third entity without giving each other notice

Indo Count buys GHCL's home textiles business, IP, inventory for Rs 576 cr. The deal does not include GHCL's spinning unit in Tamil Nadu's Madurai

IIFL Home to issue up to Rs 1,000 cr of retail bonds at 8.2-8.75% interest. The NCDs are rated AA by Crisil, and constitute the second of several tranches of retail bond issuance aggregating to Rs 5.000 cr

German firm to set up Rs 1,500-cr manufacturing facility in Telangana. The facility would manufacture magnesium products for cars, commercial vehicles, two-wheelers in both ICE (internal combustion engine) and EV (electric vehicle) segments

At .5 billion, investment in SaaS companies grows 170% in 2021. India now has 13 SaaS unicorns and between 7 and 9 companies with 0 mn+ annual recurring revenue (ARR)

Don't take coercive action under new IT Rules: Madras HC tells Centre. The Madras High Court on Monday restrained the Central government from taking any coercive action against digital media firms under the new cal codes made to the parent Information Technology Act.

Indian office market may take 2 years to reach pre-Covid level: Colliers. The leasing of office space across major cities is likely to rise marginally this year with corporates becoming less cautious, Colliers India CEO Ramesh Nair has said.

Audio OTT app Pocket FM raises .4mn funding in round led by Lightspeed. Company registered over 40 million downloads and 3 billion monthly listening minutes since its launch in 2018

ED files chargesheet against founder of Unitech Group, others. The Enforcement Directorate has filed a prosecution complaint against the founder of Unitech Group and others under the Prevention of Money Laundering Act

NCLT order on initiating insolvency proceedings against RCap this evening. The RBI had moved NCLT last week to initiate insolvency proceedings against the company.

T-Series becomes 1st YouTube channel to surpass 200 mn subscribers globally. Raising the bar higher and shattering all records, India's largest music label and movie studio, T-Series has crossed the milestone of 200 Million subscribers on YouTube, the first ever channel across the world to do so.The achievement comes after T-Series

MSME lending platform LoanKuber raises Rs 13 cr in pre-Series A round. The company aims to grow its loan book to Rs 75 crore in the next 12 months

HUL chairman Sanjiv Mehta to take over as FICCI president. Mehta will be succeeding Uday Shankar

upGrad to acquire higher education firm Talentedge for Rs 400-500 cr. This would be one of the largest consolidations in the Indian Higher education space, in which the No. 1 player in the space is acquiring the No. 4 player

Parag Milk gains on securing PLI nod for Category 1 of mozzarella cheese. Parag Milk Foods, through the PLI application on June 15, 2021, had received an approval for sales-based incentive for mozzarella cheese product for the period 2021-27

Chip major Qualcomm to book 20X returns in MapmyIndia's Rs 1,040-cr IPO. The price band for the offer has been fixed at Rs 1,000 - Rs 1,033 per equity share

High input cost, weak steel prices to hit steel industry earnings: Icra. Spot coking coal prices hurting firms' earnings, but industry's absolute profitability metrics will remain at healthy levels in next 12 months; ratings agency maintains 'Positive' outlook for sector

Will pay Rs 1,000 cr to Reliance Infra's arm in 48 hrs: DMRC tells HC. DMRC also suggested taking over the Reliance Infrastructure subsidiary's debt to the extent of the award money

AI-powered talent firm Sense raises mn from SoftBank Vision Fund 2. With this new round, firm will continue to ramp up its go-to-market strategy and raise awareness with firms that hire at scale across industries such as healthcare, manufacturing, logistics and retail

Air India owes Rs 2,350 crore to AAI, SpiceJet Rs 185 crore. The AAI owns 125-odd airports across the country. Airlines have to regularly pay various charges such as landing charges and parking charges to the AAI to operate aircraft from its airports

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CCI closes case against Intel; finds no evidence of unfair biz practices. The complaint was filed by Velankani Electronics Pvt Ltd, which is engaged in designing and manufacturing electronic products in India

Urban FMCG sales down 6.3%, rural sales increase 17.9% in November. Overall FMCG sales in November increased by 10.2 per cent year-on-year

Adani group starts exports from Australia coalmine that drew protests. Carmichael mine, located in Queensland state, has spanned environmental activists to Wall Street banks, insurers and investors.

AirAsia India introduces in-flight safety manual for the visually impaired. AirAsia India on Friday introduced an in-flight safety manual in braille in collaboration with the Helen Keller Institute for the Deaf and Deafblind for the visually impaired.

Hero MotoCorp expands operations in Argentina, opens flagship dealership. Two-wheeler market leader Hero MotoCorp on Friday announced the expansion of operations in Argentina with the opening of its flagship dealership in Buenos Aires.

9 hot new hedge funds launched by leading women of the finance world. 'It is a watershed moment to have multiple female-led hedge fund launches,' says Dominique Mielle, a former partner and portfolio manager at Canyon Capital

Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft. The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.

ONGC signs pact with SECI to develop renewable, ESG projects. The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma

PMC Bank fraud case: SC refuses to entertain bail plea of Rakesh Wadhawan. The Court asks him to approach High Court

I believe in India's future, will support with investments: Masayoshi Son. His firm SoftBank is the biggest foreign investor in India today and has funded 10% of all unicorns

Jet in 'advanced discussions' with Boeing, Airbus for buying aircraft. Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in "advanced discussions" with Boeing and Airbus for buying and leasing planes.

Morepen Laboratories gets USFDA nod to market generic anti-allergy drug. Morepen's product is the generic version of Sanofi Aventis' anti- allergy drug.

L&T, Kemroc ink pact for distribution of cutting-edge products in India. Larsen & Toubro (L&T) on Friday said it has entered into a pact with Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, to distribute the latter's cutting-edge products in India. The agreement covers Kemroc-developed special a

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying. Biomodifying will also receive a percentage of payments received for sublicenses of the licensed IP

Coal India auction to non-power sector increases sharply: Report. Coal India had temporarily paused auctions of coal to non-power customers and reduced contracted supplies in October

Unacademy announces programme to educate 500,000 girl students in India. Online education startup Unacademy on Friday announced a new programme - Shikshodaya - that aims to educate five lakh girl students in the country. Unacademy, which is backed by investors like Tencent and SoftBank, said the initiative will transform the li

Gateway Distriparks' merger scheme gets NCLT nod, shares end flat. In Sept 2020, the firm announced a composite scheme of reverse merger to derive operational synergies and cost efficiencies and improve cash flow fungibility between the company and its arms

Microtek plans to invest Rs 500 crore to boost electric product business. Power appliance maker Microtek is planning to invest Rs 500 crore to boost its electric product business over the next one year, a senior company official said on Friday. The company will primarily make investments in research and development and ramping u

HC dismisses DMRC's plea for refund of Rs 678 crore paid to DAMEPL. The Delhi High Court has dismissed an application by DMRC seeking a refund of Rs 678 crore which was paid by it to the lenders of Reliance Infrastructure subsidiary DAMEPL in 2018

Kinara Capital appoints cricketer Ravindra Jadeja as brand ambassador. Kinara Capital, an innovative fast-growing fintech serving India's MSMEs, today announced that it has signed the Indian cricket team's shining star, Ravindra Jadeja, as its official brand ambassador

Flipkart merges depts to create singular growth org under Prakash Sikaria. Sikaria, who is Senior Vice President - Growth and Monetization, Flipkart, has been with the firm since 2015

Meta launches new safety initiatives aiming at online protection of women. A first of its kind platform, NCII.org has partnered with various Indian organisations such as Social Media Matters, Centre for Social Research, and Red Dot Foundation

Meta's India revenue up 16% to Rs 1,485 crore in FY21; net profit dips. Meta's (formerly Facebook) total income in India grew 16 per cent year-on-year to about Rs 1,485 crore in 2020-21, while its net profit dipped 6 per cent to Rs 128 crore, as per regulatory documents.

Musk's Tesla enters India in 2021, still remains in test mode. Tesla in 2021 was busy testing Model 3 at several locations, but concrete steps are yet to be taken to finally roll out the most coveted electric car for its fans in India

Vibrant Gujarat 2022 roadshow: CM Patel meets industry captains in Mumbai. The 10th edition of Vibrant Gujarat Global Summit will be held on the theme of 'Aatmanirbhar Gujarat to Aatmanirbhar Bharat' in January 2022, says CM Bhupendra Patel

RBI initiates insolvency proceedings against Reliance Cap at NCLT, Mumbai. RBI, which superseded the Reliance Capital board on Monday, filed an applicated at NCLT, Mumbai

Data protection law will bring clarity, help research: Kris Gopalakrishnan. Infosys co-founder was heading a committee on non-personal data protection bill, which had submitted its report to govt a few months back

Microsoft nudging Windows users to stop downloading Google Chrome. Microsoft's new prompts come after the company first started testing ways to warn Windows 10 users not to install Chrome or Firefox a couple of years back

PhonePe launches health insurance plans for young first-time buyers. PhonePe said offering is a first of in Indian digital payments space, offers comprehensive health cover at an affordable price; involves simple 3-step process

SC dismisses DMRC's review petition over arbitral award to RInfra unit. As per the Reliance Infrastructure's latest annual report, the award is worth around Rs 4,600 crore including the interest

RBI moves NCLT Mumbai for bankruptcy proceedings against Reliance Capital. In a statement on its website, RBI said there would be an interim moratorium on and from the filing of the application till its admission or rejection by the NCLT

Dhanlaxmi Bank Part-Time Chairman G Subramonia Iyer submits his resignation. His resignation is to be effective from December 31, 2021

Biotechnology major Biocon gets USFDA approval for generic product. The product is indicated for the prophylaxis of organ rejection in adult patients receiving a kidney transplant

Indian companies were progressive during Covid-19 pandemic: Study. 97 per cent of them having an active short-term incentive plan for in-year performance recog­ni­ti­on

Supreme Court upholds arbitral award in favour of Anil Ambani firm. A Bench of Justices L Nageswara Rao and S Ravindra Bhat said no case for review is made out

Latest stock market News for tomorrow Access previous news reports: 1048104910501051105210531054105510561057105810591060106110621063106410651066

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