NSE share market NEWS tomorrow (01 October, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 October 2021
Manappuram Finance was amongst the top gainers, currently trading at 179.55 in NSE with 5.043 times change in volumes and 6.148% change in price. Other gainers included Muthoot Finance with 5.757% price change and 6.129 times volumes, Amber Enterprises with 5.414% price change and 1.302 times volumes, Dixon Techno with 5.046% price change and 2.44 times volumes, and Bond 8 with 4.595% price change and 2.399 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.
Cummins India was amongst the top losers, currently trading at 918.10 in NSE with 12.21 times change in volumes and -7.445% change in price. Other losers included Oberoi Realty with -4.978% price change and 2.598 times volumes, Idea Cellular with -4.202% price change and 0.37 times volumes, Indian Energy with -3.963% price change and 0.434 times volumes, and Oil India with -3.901% price change and 0.696 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.
Abhijit Kishore to replace Ambrish Jain as Vodafone Idea COO. Ambrish Jain superannuated after 20 years of service
N Govindarajan steps down as Aurobindo Pharma managing director. Govindarajan has decided to step down due to "personal reasons", Aurobindo Pharma said in a regulatory filing
Tata Group firms make open offer to acquire 26% stake in Tejas Networks. Tata Group firms on Friday made open offer to acquire upto 26 per cent stake in domestic telecom gear firm Tejas Networks for around Rs 1,038 crore
Grasim Industries gets Rs 8,334-crore income tax demand. Grasim Industries Ltd on Friday said the income tax department has raised a demand of Rs 8,334 crore on the company as capital gains tax with regard to sale of shares in a group firm
Tata Asset and Max Life Insurance get approval to set up pension funds. Tata Asset Management and Max Life Insurance Co have recently received a nod from the pension sector regulator for setting up pension fund managers
Oyo files to raise .1 bn in IPO after refashioning business model. The filing of the draft red herring prospectus of Oyo, which is officially known as Oravel Stays, marks a dramatic recovery after the pandemic buffeted the travel and hospitality industry
Piramal Capital & Housing Finance acquires DHFL via reverse merger. Piramal Enterprises on Friday said its subsidiary, Piramal Capital & Housing Finance Limited (PCHFL), has merged with debt-ridden Dewan Housing Finance (DHFL) after paying Rs 34,250 crore to the creditors of the troubled housing finance company. PCHFL has
POPxo forays into beauty segment, eyes Rs 100 cr revenue run rate. POPxo, a digital community for women, on Friday announced its foray into the beauty segment and said it aims to log a revenue run rate of Rs 100 crore in the next 12 months.
Tata Sons winner of Air India bid? Govt says no decision taken as yet. DIPAM Secretary, in a tweet, said the government has so far not approved the financial bids for Air India
India Inc's credit profile emerges stronger from pandemic in H1: Ind-Ra. The rating agency upgraded the ratings of 150 issuers, while downgrading ratings of only 49 issuers during this period.
Oyo files DRHP for .2 bn IPO, founder, key investors not diluting stake. OYO's initial public offering consists of equity shares of face value of Re. 1 each of Oravel Stays Limited aggregated up to Rs. 8,430 crore (about .16 billion).
Market intelligence platform AlphaSense raises 0 mn in Series C funding. The capital infusion will be used to further invest in product development, content expansion, and customer support, and to drive organic growth as well as acquisitions
Maruti Suzuki sales decline 46% to 86,380 units in September. The company had sold 1,60,442 units in September last year
Zee refuses to convene the EGM as requisitioned by Invesco. 'In its meeting held on October 1, 2021, the Board has arrived at a conclusion that the requisition is invalid and illegal,' says Zee in a stock exchange filing
Cipla eyes acquisitions in India, US after Covid-led windfall. With a funding frenzy currently underway in India, Cipla may struggle to find attractive targets
Zee board rejects Invesco's demand to hold EGM to remove Punit Goenka. In a statement to the stock exchanges, Zee said its board deliberated and discussed various legal and statutory implications of the requisition notice
Hyundai India sales decline 24% in September to 45,791 units. Exports increased 34.3 per cent to 12,704 units as compared with 9,600 units in September last year
ITC Hotel to launch new luxury hotel brand Mementos across destinations. Together with Storii, the hotel chain is looking to create differentiated experience for travellers
Apple to avoid 600 MT of plastic with no plastic wrap on iPhone 13 range. Last July, Apple had unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030.
Reliance Retail extends deadline by 6 months to complete Future buyout. 'Reliance Retail Ventures Limited extended the timeline for Long Stop Date from September 30, 2021 to March 31, 2022,' says Future Retail
Automaker Kia India reports 23% decline in wholesales in September. The company sold 4,454 units of Sonet, 9,583 units of Seltos, and 404 units of Carnival last month to dealers.
TVS Motor reports 6% increase in sales for September. Total exports last month grew by 20 per cent at 1,02,259 units, against 85,163 units in September 2020.
Mahindra reports 7% decline in September tractor sales. Mahindra & Mahindra Ltd on Friday reported a 7 per cent year-on-year decline in tractor sales to 40,331 units in September. The tractor manufacturer had sold a total of 43,386 units for the same period last year, a release said. The domestic sales in the p
Ex-Ford India head Anurag Mehrotra joins Tata Motors' CV business unit. Following the restructuring announced by Ford, Mehrotra, 48, resigned from the firm on September 24
Ambuja Cement starts commercial production at Rs 2,350 cr Marwar plant. The trial runs at the new plant were on since August
Tata Motors domestic wholesales increase 28% in September. Tata Motors on Friday said its total domestic wholesales increased 28 per cent year-on-year (y-o-y) to 55,988 units in September. The company had dispatched a total of 44,410 units to its dealers in September 2020. The auto major said its total passenger v
Hindustan Syringes plans annual capacity of 3.5 bn pieces by March 2022. Auto-disable syringe capacity ramped up to 1 bn pieces a year
Honda Cars India reports 34 pc dip in domestic sales at 6,765 units in Sept. Honda Cars India Ltd (HCIL) on Friday reported a 33.66 year-on-year dip in domestic sales at 6,765 units for September. The company had sold 10,199 units in the domestic market during September 2020, HCIL said in a statement. Exports stood at 2,964 units l
Paras Defence skyrockets 2.85 times offer price on stock market debut. The company now holds record for most-subscribed IPO and best-listing day performance
Amazon scales up India network to speed up deliveries in 15,500 pin codes. Ahead of festive season, firm has been investing in speed with expansion of its one-day, same day and sub-same day network. Customers have access to 200 mn products across categories
Top headlines: Zee refuses to convene EGM; Sept GST collections rise 23%. Business Standard brings you the top headlines on Friday
Flipkart scales smart upgrade, product exchange across new categories. In view of festive season and the Big Billion Days sale event, the e-commerce firm is running the programme across mobiles, large and small home appliances and electronic products
OYO founder Ritesh Agarwal's salary rose eight fold in FY21: DRHP. He earned Rs 1.62 crore that year, against Rs 21.5 lakh in the previous financial year
Dubai Expo 2020: Dream Sports partners with govt to showcase India's growth. The India Pavilion, one of the largest among 190 participating countries, will display the India's fight against Covid-19 and the country's emergence as a nerve centre for global business
Birla Corp shareholders approve management supported resolution at AGM. Kolkata-based M P Birla Group on Friday said shareholders of its flagship firm Birla Corporation Ltd have approved resolutions supported by the management with overwhelming majority at its AGM
Tyre manufacturer Ceat raises stake in Tyresnmore Online to 46%. Tyresnmore Online is a digital platform for purchasing tyres and fitting services
It's action replay as Birla Corp AGM poll results spark fresh row. The APL (Administrators Pendente Lite) committee-backed nominee failed to muster the required votes to make it to the board of Birla Corporation Ltd
Telecom NGO alleges Starlink illegally accepting pre-order deposits. Starlink aims to start broadband service in India from December 2022
Kinetic Green plans Rs 1,750 crore investment in Andhra Pradesh. Kinetic Green Energy and Power Solutions CEO met Andhra Pradesh Chief Minister here on Friday and discussed her company's plans to invest Rs 1,750 crore for setting up new facilities in the state
Tech Mahindra to acquire Beris Consulting for around Rs 60 crore. IT company Tech Mahindra will acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 cr through its German subsidiary, the company said in a regulatory filing
Alteria announces final close of second venture debt fund at Rs 1,800 cr. Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India
BP invests about Rs 97 crore in BluSmart, its first fund in India. BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years
Gautam Adani now Asia's second richest, earns Rs 1,000 crore daily. The tenth Hurun India rich list has Mukesh Ambani topping it for the 10th year in a row with Rs 7.18 trillion wealth - only 9 per cent up over 2020
Adani Green arm acquires 40 Mw operating solar project in Odisha. The project has a long-term power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for Rs 4.235 per unit, with remaining PPA life of about 22 years
Marico starts hybrid work model for all staff starting Friday. Several Indian firms are offering this models which is helping them cut rental and power costs, apart from saving commuting time for staff
Startup Loop Health raises mn from Elevation Capital, Vinod Khosla. The health insurer has grown significantly, insuring over 50,000 members across 150 firms in the past 12 months and growing 50% month-over-month amid the pandemic
Flipkart connecting over 5,000 offline brand stores this festive season. The initiative covers both metros and T2+ regions, solving the needs of both consumers and brands
Enforcement Directorate attaches Rs 30-cr worth Noida plots of Unitech. The 29 land plots, worth a total Rs 30.29 crore, have been attached provisionally under the Prevention of Money Laundering Act (PMLA)
Top headlines: NCLT gives Zee Oct 3 deadline; Ola Electric raises 0 mn. Business Standard brings you the top stories from today
DMI Alternatives raises mn for investing in digital finance ecosystem. The firm's Sparkle Firm has invested mn across various companies including M2P, Credgenics, Servify, Uni and Mobikwik
PVR Saket, India's first multiplex, reopens after a swanky makeover. The lights are lit for Daniel Craig's fifth and final appearance as James Bond at Delhi's iconic PVR Saket - erstwhile Anupam
M&M chief Anish Shah supports govt incentives to promote sustainability. Mahindra & Mahindra Ltd Managing Director and CEO Anish Shah on Thursday supported incentives provided to companies by the government for promoting ESG (environmental, social and governance) programmes. Speaking at the annual general meeting of the Indo Ca
Adani seals deal to develop Western Container Terminal at Colombo Port. India's Adani Group on Thursday sealed a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal.
Videocon insolvency process: BoM raises issue of breach of confidentiality. Bank of Maharashtra has raised the issue of the breach of confidentiality in the corporate insolvency resolution process of the debt-ridden group before the National Company Law Appellate Tribunal
NMDC eyes 47 million tonne iron ore production in FY22. NMDC Ltd is aiming to achieve 47 million tonnes of iron ore production during the current financial year and plans to spend Rs 3,720 crore on capital expenditure
Softbank-backed Oyo in legal spat with rival Zostel ahead of .2-bn IPO. Zostel filed a petition in August with the Delhi High Court to stop Oyo from changing its shareholder structure, including through an IPO
Jeff Bezos must take note of Panchjanya magazine's disapproval seriously. Ahead of Indian festive season Amazon's headache, building up for more than five years, could turn into a throbbing migraine.
India social commerce startup Meesho valued at billion by Fidelity. Meesho raised 0 million in fresh funding led by Fidelity Investments
Will Superior Voting Rights boost domestic listing of tech startups?. Sebi has eased the rules for issuance of shares with superior voting power, bringing India on a par with start-up rules in the US. Will this inspire Indian start-ups to list in India?
InnoVen Capital announces first close of new fund at Rs 740 crore. The first close was done with anchor investor Innoven Capital Pte Ltd, a joint venture between Seviora (a wholly-owned subsidiary of Temasek) and United Overseas Bank
USIBC to present Global Leadership Award to Shiv Nadar, Mallika Srinivasan. Prominent Indian industrialists Shiv Nadar and Mallika Srinivasan have been chosen by a top India-centric business advocacy group as the recipients of its 2021 Global Leadership Award. The US India Business Council (USIBC) on Thursday announced the selecti
Decision on Bharat Biotech's Covaxin EUL in October, says WHO. A decision on Bharat Biotech's submission seeking emergency use listing (EUL) for its Covaxin COVID-19 vaccine will be made in October, the World Health Organisation has said
HC dismisses Avantha Group promoter Gautam Thapar's plea challenging arrest. The Delhi High Court Thursday dismissed a plea by Avantha Group promoter Gautam Thapar, arrested by the Enforcement Directorate in connection with a Rs 500-crore money laundering case
Social commerce startup Meesho raises 0 mn, valuation doubles to .9 bn. India's unorganised retail sector, worth an estimated 2 billion, is set for the next wave of growth
India's antitrust watchdog CCI must act sans pressure to tame tech giants. As more and more Indian brands and companies strive to go global, the onus is now on the countrys regulators to create a level-playing field for domestic players
NTPC REL signs first green term loan pact of Rs 500 cr with Bank of India. State-run power giant NTPC on Thursday said its arm NTPC Renewable Energy Ltd (NTPC REL) has signed the first green term loan agreement of Rs 500 crore with Bank of India
BP leads mn funding round in EV ride-hailing start-up BluSmart. BP Ventures has made its first direct investment in India by pumping in USD 13 million in integrated EV ride-hailing and charging company BluSmart. It led a USD 25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam
TCS wins MCX deal to transform its core systems for undisclosed sum. To enable high throughput trading, TCS' solution for MCX will use the Deutsche Börse T7 trading platform, which the Indian IT giant helped develop
Portea Medical secures commitment from US-based DFC for .7 mn loan. The DFC guarantee will enable a local commercial bank in India to extend the equivalent of a Rs 52 crore loan to Portea
State Bank of India rejects AP government's Rs 6,500 crore overdraft. With its coffers completely dry, the state government sought the overdraft to be used as working capital by five nodal implementing agencies
At Rs 5 trn, Adani now Asia's 2nd richest: IIFL Wealth-Hurun India report. RIL chairman Mukesh Ambani continued to be the richest man in India for the 10th consecutive year with a wealth of Rs 7.18 trn, shows IIFL Wealth-Hurun India Rich List 2021
Tata Steel sells entire stake in NatSteel Holdings for 2 million. Company retains wires business as part of downstream portfolio
Airtel's Nxtra to invest Rs 5,000 cr to triple data centre capacity by 2025. Bharti Airtel's subsidiary Nxtra on Thursday said it will invest Rs 5,000 crore to triple its data centre capacity by 2025.
ONGC Videsh begins exploratory drilling in Bangladesh's Kanchan #1 well. The exploratory well is planned to be drilled to a depth of 4,200 metres and will be targeting two prospective formations; Kanchan #1 will be followed by drilling at two more locations
Airtel unit Nxtra to invest Rs 5,000 cr to expand data centre business. Plans to build seven hyper-scale data centres that will triple its capacities and help India become a regional hub for data centres
JetSynthesys becomes Warner Music's India partner under strategic deal. Tie-up embraces music label licensing and acquisition, artist and event management, original content creation, short videos and films, along with mobile gaming and esports
NCLT says Zee should consider shareholders' request to hold EGM. NCLT directs Zee Entertainment Enterprises to hold board meet to consider Invesco's plea for shareholders' meet
Emami eyes entry into new segments via acquisitions, investment in startups. Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare
IPO-bound insurer LIC invites applications for post of CFO. The last date for submitting application is October 12, 2021, it said.
NCLT directs Zee board to consider Invesco's requisition for EGM. It's not a discretionary power of the Zee Entertainment board to call or not call for EGM, says NCLT
Vi has fastest 4G speeds, but bleeding subscribers: OpenSignal report. Jio continues to lead in both 4G access and 4G coverage
State-run telco BSNL seeks Rs 40,000 cr support from government. This is beyond the Rs 69,000 crore relief package that was announced in 2019
WhatsApp adds rupee symbol to chats for faster access to payment capability. Says camera icon in chat composer now lets users scan any QR code to enable paying at over 20 mn stores in India
NTPC's renewable arm signs first green term loan of Rs 500 cr with BoI. The deal is at a competitive rate with a tenure of 15 years, for its 470 Mw solar projects in Rajasthan and 200 Mw in Gujarat
Ola Electric raises over 0 mn funding, valuation touches bn. The funding for the EV maker was led by Falcon Edge, SoftBank and others
Fundraise of 0 mn triples Ola Electric valuation to billion. In July 2019, Ola Electric raised 0 mn from SoftBank, when it was just a two-year-old firm. The investment made the fledgeling venture a unicorn
Amazon clarifies to govt on reported legal fee of Rs 8,546cr during 2018-20. Amazon has clarified to the government on its reported legal fee, saying the expense includes professional fee as well, according to sources
As many as 1,007 super-rich people see 51% rise in wealth in 2021: Report. India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 cr or more than Rs 1,000 crore daily
PE firm KKR affiliate sells part of its stake in Max Healthcare. The shares were sold by Kayak Investment holdings, an affiliate of the private equity firm KKR for Rs 350 per share
Zostel vs Oyo: Delhi High Court to hear case on October 7. Zostel is a backpacker hostels chain which has been embroiled in a legal battle with OYO for the last three years after merger talks broke down
Alstom India offers world's fastest train for India's private rail ops. Eyes EUR 1 billion revenue from India next year
CredAvenue raises mn to scale up building infra to power debt markets. The funding round, led by Sequoia Capital India and co-led by Lightspeed, TVS Capital Funds and Lightrock, values the company at about 0 million
India Inc's overseas borrowings jump manifold to .84 billion in August. Indian companies' external commercial borrowings surged manifold to over .84 billion in August 2021, the Reserve Bank data showed on Wednesday
Exotel raises mn to expand its cloud customer engagement platform. The customer engagement company is looking to hit an annual recurring revenue of 0 mn over next 5 years and plans to increase its headcount by 200 over next 12 months
Birla Corporation plans to raise to 30 mn tonnes by 2027. The increase is a new target set by the company, which had earlier said it would raise production to 25 mt by 2025
Persistent Systems to acquire SCI, Shree Infosoft for million. IT firm Persistent Systems on Wednesday said its US subsidiary will acquire North Carolina-based Software Corporation International (SCI) and its affiliate, Fusion360 for million
Standard Life sells 5% stake in HDFC Mutual Fund for Rs 3,061 crore. T Rowe Price Emerging Markets Stock Fund picked up about 1.52 million shares for Rs 436 crore
State Bank of India explores ways to debt finance start ups. State Bank of India on Wednesday said it is trying to work out a way to debt finance start ups as current rules allow banks to fund only profitable companies. Start ups raise equity fund to run their business and promoters are forced to dilute stake as deb
Ugam to hire over 1,000 fresh graduates in India in coming months. This expansion will support Ugam's accelerated business growth due to digital transformation.
Padmaja Chunduru appointed MD, CEO of National Securities Depositories. Her appointment has been ratified by the shareholders of NSDL at its meeting held on September 29
Latest stock market News for tomorrow Access previous news reports: 1049105010511052105310541055105610571058105910601061106210631064106510661067
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