NSE share market NEWS tomorrow (16 September, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (16 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 September 2021
Idea Cellular was amongst the top gainers, currently trading at 11.25 in NSE with 2.22 times change in volumes and 25.698% change in price. Other gainers included Yes Bank with 15.748% price change and 2.692 times volumes, Indus Towers with 10.141% price change and 4.017 times volumes, Punjab National with 7.871% price change and 3.312 times volumes, and Indusind Bank with 7.306% price change and 4.485 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.
Apl Apollo was amongst the top losers, currently trading at 956.15 in NSE with 2.318 times change in volumes and -48.569% change in price. Other losers included Bharat Petroleum with -10.389% price change and 1.528 times volumes, Iifl Holdings with -4.682% price change and 40.476 times volumes, Ncc with -3.267% price change and 0.234 times volumes, and Rural Electrification with -3.1% price change and 0.318 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.
Ahead of IPO, Oyo expands share capital through stock split, bonus issue. The Softbank-backed travel technology firm is expected to file its DRHP with Sebi in the next few months
Mittal vows to bring telecom industry together; talks to Voda's Nick Read. 'I will reach out to Mukesh Ambani and speak to him and ensure that industry truly becomes role model for many other infrastructure industries in the country,' says Bharti chairman
Fintech startup Paytail raises .5 mn seed from Cholamandalam, others. Along with Cholamandalam, Paytail is committed to building a network of other large financial institutions to cater to the pre-approved loan offers for consumers
Facebook to add new Cricket tab to Watch, ramp engagement for T20 World Cup. Will also provide advertisers a chance to engage with cricket and brands. Facebook Watch is a mix of original programming and user generated content, and sees 1.25 mn users monthly across the globe
Dixon, Hindalco, Daikin and 49 others apply for PLI scheme for white goods. The budgetary outlay of the scheme is Rs 6,238 crore. Any unutilized amount from the scheme allocation will be reviewed later
Bharti Airtel secures TDSAT stay on DoT's Rs 1,376 crore demand. Telecom dispute appellate body TDSAT on Thursday stayed the telecom department's demand of Rs 1,376 crore from Bharti Airtel in unpaid past dues that defunct telco Videocon Telecommunications owed.
Yatra Online evaluates additional listing of Indian arm on Indian bourses. Move could unlock more value for US investors, provide a liquid stock that can be used for M&As in India, provide further capital to strengthen balance sheet
Zee board backs former directors, condemns 'baseless' allegations. The board stands by and strongly condemns the allegations made by certain proxy advisory firms against its former directors, Ashok Kurien and Manish Chokhani, said the company
Don't fake it, just be yourself; Amazon CEO's tips to crack job interview. In a fireside chat at LinkedIn's Career Day event, Andy Jassy says Amazon is an unusual place to build a career. It's an amazing place if you want to have an impact on the world
Moratorium under IBC applies only to corporate debtor not to promoters: SC. The Supreme Court has held that moratorium under provisions of IBC which restrains initiation of any fresh proceedings applies only to the Corporate Debtor but does not protect the promoters
India second-largest technology hub for Amazon globally, says country head. Amazon's team in Bengaluru has built a cloud-based Warehouse Management System to help sellers streamline their warehouse operations, and ship orders to customers fast and reliably
On track to have over 420,000 sellers, MSMEs by Dec 2021: Flipkart. Walmart-owned Flipkart on Thursday said it has onboarded around 75,000 sellers on its platform in the past few months, and is on track to have over 420,000 sellers and MSMEs by the end of this year
Airtel hikes prices of plans offering Disney+Hotstar subscription. Bharti Airtel on Thursday hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by entertainment app
Biological E gets approval to manufacture J&J Covid-19 vaccine in India. According to sources, discussions are on between J&J and the Centre on the matter of indemnity against any serious adverse effect after vaccination
Biocon Biologics to offer 15% stake to Serum Institute Life Sciences. Biocon Biologics, a subsidiary of Biocon, on Thursday said it will offer around 15 per cent stake to Serum Institute Life Sciences at a post-money valuation of about .9 billion
Tata says Dutch state support needed in drive for 'green' steel. Economy minister Stef Blok in a statement said he would investigate extent to which national or international subsidies would be available, without breaking European rules for state support.
AGR deferment has resuscitated the idea of a three-player market: Analysts. While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain
Digital farm advisory startup BharatAgri raises .5 mn in Series A round. BharatAgri offers farmers an app-based platform for AI-based agronomy services on a paid subscription basis
Ola Electric sells scooters worth Rs 600 cr in 24 hrs, 4 units every second. Ola Electric, which had to defer e-scooter sales due to a website glitch last week, opened the purchase of Ola S1 and S1 Pro on Wednesday
Startup Ayu Health raises .3 mn in funding for expanding services. Ayu got the Series A financing from Vertex Ventures and Stellaris Venture Partners
Ford Motor's India exit opens dealers to legal action from customers. Dealers will likely face "legal complications" given that Indian consumer law makes them liable after a manufacturer exits, Vinkesh Gulati, president of the FADA said
US-based Invesco Fund invests 0 mn in Sequioa-backed Pine Labs. Earlier in July, the company had raised a total round size of 0 million and brought in a marquee set of new investors, which took its valuation to billion
FADA seeks clarity from Ford on compensation structure for dealers. Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants
Two Tamil Nadu angel networks join hands to fund startups in the state. Both networks will coordinate and plan common pitch sessions on a case-by-case basis, will also support startups in select activities
Volvo Car contributes Rs 75 lakh to PM CARES Fund towards Covid relief. Volvo Car India on Thursday announced a contribution of Rs 75 lakh to the PM CARES Fund towards COVID-19 relief measures.
PFC issues 300 million euro bonds for 7-year period in European market. State-owned PFC on Thursday said it has issued bonds worth 300 million euros for a period of seven years.
India second-largest technology hub for Amazon globally: India Head. India is the second-largest technology hub for Amazon globally and its teams are powering innovations not only for customers in the country but globally as well, a top company executive said.
Snapdeal announces additional maternity benefits, two-week paternity leave. As companies look to welcome staff back to office, Snapdeal update to its maternity leave policy comes keeping in mind the ongoing pandemic and apprehensions new mothers may have
Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 mn. The 7-year instrument has been priced at 1.841%, which PFC says is the lowest yield locked in by an Indian issuer in Euro markets
52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme. Around 52 companies have applied for availing PLIs for white goods makers, proposing an investment of around Rs 6,000 crore in the manufacturing of components for air conditioners and LED lights.
MakeMyTrip sees 100% return to travel in pharma, realty, other corp sectors. Firm's recent market study says financial services, IT, consumer goods and auto are the laggards, may be the last ones to see a complete recovery in corporate travel
Byju's buys coding site Tynker for 0 mn to grow in US: Report. Tynker's service, launched in 2013, offers classes and camps on coding, with some curriculum offered for free and premium content sold to schools for an average of ,000 a year
Will opt for moratorium to redirect cash flow to build network: Mittal. Tariffs need to go up; more needs to be done on GST, licence fee, high levies but that's a separate chapter, says Bharti chairman
JSW Steel raises bn through bonds issuance in overseas market. JSW Steel on Thursday said it has raised USD 1 billion through issuance of Sustainability Linked Bonds (SLBs) in the overseas market.
Hindustan Copper OFS sees tepid demand from non-retail investors. Offer received bids for 61.5 mn shares worth Rs 713 cr, most coming at an indicative price of Rs 116.12. A total of 96.7 million (10% stake) shares worth Rs 1,122 cr have been put on the block
Cloud and ERP player Gofrugal to build presence tier-2 cities, rural market. Sees huge talent pool in this market, along with large base of aspirational businessmen who may want its digital support
Byju's continues acquisition spree, buys US-based coding startup Tynker. Since its inception in 2013, Tynker has helped kids create over seven billion lines of code. The acquisition would further accelerate Byju's US market expansion
JSW Steel raises billion via bonds issuance in overseas market. The company says it is the first in the steel sector globally to issue an SLB in a hard currency
CIL urging power generating companies not to regulate coal intake. CIL has been writing to power generating companies since October last year urging them not to regulate the intake of coal and build up stock at their end
Mitsogo Inc eyes to hire 250 employees; sets up office in Chennai. Leading security solutions provider Mitsogo Inc has planned to recruit 250 new people, as it expanded its footprint by setting up a new office in the city, the company said on Wednesday
Blackstone sells 57 mn units in Embassy Office Parks REIT for over Rs 2k cr. Global fund Blackstone has sold about 5.7 crore units in Embassy Office Parks REIT for over Rs 2,000 crore as part of its strategy to monetise part of its investment, sources said.
Big breather for Voda Idea as govt clears relief package for telecom sector. The government also accepted taking equity as payment for dues
Relief package for telecom sector: Airtel wins big, stock rises over 4%. The stock has gained 43% YTD against 20% jump in RIL and 15% fall in Voda Idea
Apna acquires unicorn status after 0 mn fundraise led by Tiger Global. Owl Ventures, Insight Partners, Sequoia Capital India, Maverick Ventures and GSV Ventures also participate. With this, Apna has a total valuation of .1 billion
Blue-collar jobs app Apna becomes unicorn in 15 months, raises 0 mn. Apna helps bottom-of-the-pyramid job seekers with setting up simple profiles requiring only their name, age and skills.
Telecom sector reforms ensure industry is able to invest fearlessly: Mittal. Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly
Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons. Both Tata and Chandrasekaran were reacting to media reports that a new CEO position will be created in Tata Sons to oversee the group's business
PepsiCo commissions largest greenfield plant in India, UP CM unveils it. Food & beverage major PepsiCo on Wednesday said its business in India is transforming and will continue to invest in the country for a long term. The company on Wednesday commissioned its Rs 814 crore Kosi Kalan foods plant at Mathura in Uttar Pradesh, the
Govt to sell up to 10% stake in Hind Copper via OFS, may garner Rs 1,120 cr. The government will sell 5% or 48.3 million shares in the copper miner at Rs 116 apiece on Thursday and Friday
PepsiCo commissions India's largest greenfield plant worth Rs 814 cr. It's a potato chip-making unit spanning 29 acres in Mathura; city will source 150,000 tonnes of locally grown tubers; over 5,000 farmers to gain, 1,500 jobs to be created
Axis board gives approval to reclassify Oriental Co as public shareholder. Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder.
TCS m-cap tops 0 bn, shares hit lifetime high of Rs 3,980 intra-day. The stock settles at Rs 3,955 at close, up 1.8% over previous close
EESL Executive Vice Chairman Saurabh Kumar resigns on personal grounds. Energy Efficiency Services Ltd Executive Vice Chairman, Saurabh Kumar has resigned from the post on personal grounds
Revised PLI scheme would give the right impetus for the industry: TVS Motor. The revised PLI Scheme announced by the Centre on Wednesday would give the right impetus for auto industry to move faster towards future technologies, TVS Motor Chairman Venu Srinivasan said.
5G spectrum auction most probably in February 2022: Telecom minister. The 5G spectrum auctions will "most probably" be held in February 2022, and the government may even try for a January timeline, Telecom Minister Ashwini Vaishnaw said on Wednesday.
Uber launches bus service to help India's urban staffers get back to work. The 'Uber Corporate Shuttle' has safety a comprehensive set of safety measures; the service will run initially in Mumbai, Delhi and a few other cities
Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system. Adani Transmission Ltd (ATL) on Wednesday said it would invest Rs 1,200 crore in eastern Madhya Pradesh to strengthen the power transmission system for MP Power Management Company Ltd (MPPMCL).
Ola restarts e-scooter sales after website glitch, bookings on app only. The firm is starting sales in batches and prioritising users based on their dates of reservation
Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief. Business Standard brings you the top headlines from today
Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India. The Tata group has confirmed that it has put in its bid. Ajay Singh has participated in the bid
Telecom reforms usher in new era for India's digital ambitions: Telcos. The telecom reforms announced by government are beginning of a new era for sector as well as for boosting investment in the industry that is reeling under debt burden, leading sectoral players said
Flipkart strengthens supply chain network, aims to create over 100,000 jobs. This year, Flipkart is creating direct seasonal employment for more than 1,15,000 people of which 15 per cent are women and people with disabilities
Mobile Premier valued at .3 bn, becomes India's second gaming unicorn. Bangalore-based startup raised capital from investors led by Legatum Capital with participation from Accrete Capital and Gaingels LLC.
Supreme Court rejects ArcelorMittal Nippon India's plea on arbitration. The SC bench of Justices Indira Banerjee and J K Maheswari held that the trial court can consider the Section 9 Arbitration Act application filed by Essar against ArcelorMittal
Japan's Rakuten forays into India's B2B tech segment, launches new product. This is the first time that Rakuten will be bringing its products and services into the Indian market
Vahan raises million in funding round led by Khosla Ventures. Blue-collar jobs platform Vahan on Wednesday said it has raised USD 8 million (around Rs 59 crore) in a funding round led by existing investor Khosla Ventures
Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'. The rating agency affirmed "BB-" rating for Manappuram Finance's Issuer Default Ratings with "Stable" outlook
DealShare to invest 0 mn for scaling operations, hire 5,000 people. DealShare on Wednesday said it plans to invest USD 100 million (about Rs 736.3 crore) to scale its operations and hire about 5,000 people across various functions over the next six months,
Shadez raises 0K in pre-series A round led by Inflection Point Ventures. The startup is operating across Mumbai, Pune & Vadodara and has painted over 200 homes in Mumbai till date with over 400,000 sqft
B2B networking platform Anar raises .2 mn in seed funding round. The Anar business app caters primarily to small-and-medium businesses (SMBs) across the value chain, from manufacturers to retailers and resellers, helping them connect and interact with one another
Leading sportswear giant Adidas launches first flagship store in India. 'The Home of Possibilities' store is a blend of multiple digital touch points, sustainability zone and embodies the future of retail experience for consumers
Hospitality major OYO increases its ESOP pool by 41%. Hospitality major OYO has expanded its Employee Stock Option Plan (ESOP) pool by 41 per cent with the addition of another 20 crore shares
Gaming start-up Mobile Premier League valued at .3 bn, joins unicorn club. Will use the fresh infusion of capital to finance its global expansion. It recently began operations in the US.
Social commerce player DealShare to expand operations in Delhi-NCR. In the first phase, DealShare will provide services to more than 160 pin codes across Delhi, Ghaziabad, Faridabad, Meerut, Noida, and Gurgaon
More Paytm employees convert ESOPs to shares after shareholders' approval. An additional 40 current and former employees of Paytm have converted their ESOP grants to shares for monetising them in its upcoming Rs 16,600 crore IPO, the digital payments firm said
Final bids for Air India disinvestment today, Tata group also in race. The government is expected to complete the sale of the national carrier with at least two buyers expected to submit financial bids by September 15
Esports platform MPL raises fresh funds at .3 billion valuation. Esports platform Mobile Premier League (MPL) on Wednesday said it has raised fresh funds in a funding round led by Legatum Capital at a pre-money valuation of USD 2.3 billion.
Delhi HC issues notice to UIDAI on plea against GPay for unauthorised ops. The Delhi High Court on Wednesday issued a notice to the Unique Identification Authority Of India and others on a petition against Google Pay alleging unauthorised operations under the banking laws.
Cairn, Air India seek stay on New York court proceedings. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn
Lupin launches generic Duexis tablets in US to treat rheumatoid arthritis. Drug firm Lupin on Wednesday said it has launched generic Duexis tablets used to treat the symptoms of rheumatoid arthritis and osteoarthritis in the US market.
Coal India warned government of coal shortage in February, documents show. India, which has the world's fourth largest coal reserves, is facing a shortage of the fuel and has urged utilities to import coal as supplies at several plants run low.
Glenmark Pharma concludes study on Covid drug Favipiravir in India. Drug firm Glenmark Pharmaceuticals on Wednesday said it has successfully completed its post-marketing surveillance study on Favipiravir in India.
Infosys, SAP tie up to provide Business Process Transformation-as-a-Service. Infosys on Wednesday announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises. Through this collaboration, Infosys will leverage business proces
No leadership structural changes are on the anvil: Tata Sons Chairman. Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance
Telecom package to provide some relief to stressed sector: COAI. Telecom industry body COAI lauded telecom relief package approved by the Cabinet, which will be implemented prospectively and provide a breather to the sector that is reeling under heavy stress.
Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt. The nod comes at a time when the group has ambitious plans to enter the e-commerce business
Moody's upgrades Tata Steel to Ba1 from Ba2; stable outlook. The stable outlook underscores Moody's view that Tata Steel will continue to strengthen its balance sheet, liquidity profile and financial policies to enhance its credit quality further
IPO-bound Oyo to become public limited company: Check details here. The company intends to list its equity shares on one or more stock exchanges to enable shareholders with a formal marketplace for dealing with equity shares
CarTrade launches one-stop services platform to buy, sell pre-owned cars. Multi-channel auto platform CarTrade Tech has launched a tailor-made one-stop service for hassle free buying and selling pre-owned cars across nine cities, a release said on Tuesday.
Component supply constraints may push up phone prices: Industry experts. Festive season this year is likely to see fewer launches by smartphone companies and prices of existing devices could rise by 7-10 per cent as players are grappling with severe shortage of components
Take steps to keep afloat Ford Motor in TN: O Panneerselvam urges CM. AIADMK coordinator O Panneerselvam sought Tamil Nadu Chief Minister M K Stalin's immediate intervention in the issue concerning the American auto major Ford Motor's decision to shut operations
Rakesh Jhunjhunwala, BofA buy Rs 225-crore Zee Entertainment shares. At the end of June 2021 quarter, Bofa Securities held a 1.03 per cent stake in Zee
Enfinity Global, CarVal Investors sign 0 million loan facility. Renewable energy solutions platform Enfinity Global and CarVal Investors have entered into a 0 million loan facility to fund Enfinity's three gigawatts of renewable energy projects
Canon expects 'good growth' in 2021, confident to reach pre-pandemic level. Canon India expects "good growth" in 2021 and to be on par with the level of the pre-pandemic year 2019, helped by an increase in sales and good performance, said a top company official
Cabinet may consider relief package for telecom sector on Wednesday. The Union Cabinet may consider on Wednesday a moratorium on payment of spectrum dues by telecom firms as part of a package for the sector aimed at giving relief to companies
HCL, HANCOM collaborate to share advanced software technology solutions. HCL Technologies on Tuesday said it has signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion. HCL Technologies will support training for softwar
MyGate unveils property marketplace, eyes 25,000 monthly listings. MyGate on Tuesday announced the launch of 'Homes' feature - a property search marketplace - on its app, and aims to have 25,000 listings per month by the end of the year.
ZEEL aims to enhance profitability under ZEE 4.0, says Punit Goenka. Zee Entertainment Enterprise Ltd is embarking on a new path under 'ZEE 4.0', through which it aims to enhance profitability and continue to grow ahead of the industry, MD Punit Goenka said
Green hydrogen production slightly expensive at moment: Azure Power CEO. The path for green hydrogen in the country is not clear and at the moment, production of green hydrogen is slightly more expensive than grey hydrogen, Azure Power CEO Ranjit Gupta said on Tuesday
Zee Entertainment AGM skips discussions on Invesco board removal plans. Board sidesteps questions on corporate governance lapses
Latest stock market News for tomorrow Access previous news reports: 1060106110621063106410651066106710681069107010711072107310741075107610771078
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