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NSE share market NEWS tomorrow (08 September, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 September 2021

Info Edge was amongst the top gainers, currently trading at 6715.25 in NSE with 13.001 times change in volumes and 8.595% change in price. Other gainers included Kei Industries with 6.492% price change and 6.696 times volumes, Oil India with 5.098% price change and 4.819 times volumes, Hdfc Amc with 4.551% price change and 3.065 times volumes, and Rural Electrification with 4.441% price change and 2.942 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.

Vedanta was amongst the top losers, currently trading at 298.95 in NSE with 0.816 times change in volumes and -4.167% change in price. Other losers included Nestle India with -2.596% price change and 5.047 times volumes, Idea Cellular with -2.424% price change and 1.264 times volumes, Divi S with -2.4% price change and 2.348 times volumes, and Indus Towers with -2.4% price change and 0.84 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.

RE capacity bidding: Power sector CPSUs to get nod based on balance sheet. The Union power ministry has decided to give in-principle approval at the beginning of a year for the CPSUs under it to bid for pre-determined renewable energy capacities based on their balance sheet strength. The decision was taken during a meeting chaire

Govt sticks to Sep 15 deadline for putting financial bids for Air India. The government will stick to the September 15 deadline for investors to put in bids for buying national carrier Air India, an official said.

Top headlines: Rs 10,683-cr PLI for textiles; 8% dip in Maruti's production. Business Standard brings you the top stories this evening

Fintech firm Cred to offer employees new programme for wealth creation. Fintech firm Cred on Wednesday said it will offer an 'Accelerated Wealth Programme' to its staff in addition to ESOPs and grants to create another avenue for its team to build wealth

Century Plyboards aims 20% CAGR in the next 3 years. Century Plyboards India on Wednesday said it was aiming to grow at 20 per cent over the next three years, a top company official said

3/4th of liquidated companies were in BIFR or defunct: IBBI data. Of the 396 corporate debtors rescued through resolution plans, 127 were in either BIFR or defunct, according to IBBI

Arun Kumar Singh takes charge as Chairman and MD of Bharat Petroleum. Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company has announced the appointment of Arun Kumar Singh as the Chairman and Managing Director of the company and consequently he has taken charge yesterday.A Mechanical E

Late stage technology deals at an all time high in India: IVCA-EY report. Among overall sector-wise trends and deals, fintech (financial technology) topped the charts with 61 deals followed by edtech (education technology) with 42 deals.

Chip shortage: Maruti Suzuki reports 8% dip in production in August. Maruti Suzuki India on Wednesday said its total production in August declined by 8 per cent on a yearly basis to 1,13,937 units as semiconductor shortage impacted its manufacturing schedules.

Cabinet did not take up proposal for telecom relief measures: Report. Earlier in the day, telecom stocks were on investors' radar, with a news report claiming the telecom department is devising measures to improve health of the debt-laden sector.

Vahdam raises Rs 174 cr from IIFL AMC, Kris Gopalkrishnan's family office. The company, which sells teas, spices and superfoods to the US, Canada and Europe, has raised a total of over Rs 290 crore so far

CollegeDekho raises .5 mn funding from Winter Capital, ETS, Man Capital. CollegeDekho on Wednesday said it has raised USD 26.5 million (about Rs 200 crore) in an ongoing funding round, led by Winter Capital Partners, ETS Strategic Capital and Calega.

Koo claims pole position as Hindi language social media platform. Says half its 10 million users interact in Hindi, making it the platform of choice for regional language users

WeRize raises mn in Series A led by 3one4 Capital, Picus and others. WeRize is a full stack provider, developing and distributing a wide range of customised credit, group insurance and savings products for 100 mn homes and 300 mn individuals in 4,000-plus small towns

'New Economy' firms to be India's growth engine, says HSBC. The two new economic engines stand to gain from India's large, young labor force, as well as from global changes, HSBC analysts said in a report to clients.

Amazon Pay set to offer deposit booking, even as Google Pay under RBI watch. Amazon Pay India, the American e-commerce major's payments app, is also set to offer deposit booking services for its customers

PhonePe received a million UPI autopay mandates in past three months. Launched last year, UPI Autopay allows users to set up recurring e-mandates for recurring payments such as mobile bills, power bills, EMIs, OTT subscriptions, insurance, MF among others

Reliance Retail becomes second-largest customer of Future Consumer. Reliance Retail has become the second-largest customer of the Kishore Biyani-led Future group's FMCG arm Future Consumer, contributing over one-fourth of the total sales of the company.

Flipkart strengthens Kirana delivery with 100k partners for festive season. Over 100,000 Kirana stores to be supply-chain partners to deliver millions of packages in more than 10,000 pincodes

Pandemic affected math learning ability of students: Cuemath-Nielsen survey. The study also highlights that 44% of parents have reported fear of math as a prominent factor for learning loss

SAIL to double capacity to 50 mn tonnes by 2030, starts land bank study. The last phase of expansion by SAIL entailed raising capacity from 12.8 mt to 21.4 mt. But the plan, conceived in 2006-2007, was delayed due to the 2008 global financial crisis

Amazon opens seventh fulfilment centre in Haryana ahead of festive season. With a storage capacity of close to 2 million cubic feet, the new FC will house a wide selection of products from the large appliances and furniture category

Shoppers Stop ties up with Accenture for digital commerce transformation. Shoppers Stop has collaborated with global IT and professional services company Accenture to accelerate its digital commerce transformation across retail channels, a joint statement said on Tuesday.

Tesla CEO Musk says car production is hard, Anand Mahindra agrees. Mahindra group chairman Anand Mahindra has agreed with Tesla CEO Elon Musk that motor vehicle production is a difficult job and that generating positive cash flow is even tougher.

US tech giant Adobe appoints Prativa Mohapatra as India MD and VP. Her career spans over 25 years in tech industry. She joins Adobe from IBM, where she served as vice president of digital sales for APAC

Hope to pay similar levels of debt paid last year, says India Cements. India Cements Ltd has said it hopes to pay similar levels of debt it had paid last year due to the impact of the Covid-19 pandemic.

iD Fresh Foods files complaint against 'misleading' viral communal messages. The forwards spread quickly and became bothersome enough for the CEO Musthafa PC to take to his social media accounts on Tuesday and clear the air

Union Cabinet approves signing pact between ICAI, CAAR to build cooperation. The Union Cabinet on Wednesday approved the signing of a memorandum of understanding between chartered accountants' apex body ICAI and Chamber of Auditors of the Republic of Azerbaijan (CAAR).

Tomar asks industry to make affordable farm tools, machines for farmers. Agriculture Minister Narendra Singh Tomar on Wednesday asked members of farm mechanisation industry body TMA to manufacture affordable tools and machines

India adds highest no. of new learners globally for Coursera since Jan 2020. Coursera elevates India operations as regional hub for APAC region

Jindal Steel and Power prepays 6 million debt for Australian arm. JSPL has made a pre-payment of USD 106 million (about Rs 777.4 crore) to the lenders of its arm Jindal Steel & Power (Australia) Ltd. Without sharing further details, the steelmaker said the prepayment has helped the company reduce the "Australian debt" by

Kishore Biyani's remuneration fell 44% to Rs 2.17 crore last fiscal. The remuneration of Kishor Biyani, Chairman of debt-ridden Future Retail Ltd, declined nearly 44 per cent to Rs 2.17 crore in the last financial year.

Cabinet may soon approve revised PLI scheme for automobile sector. The government is believed to have slashed the outlay for the automobile sector under the production-linked incentive (PLI) scheme to about Rs 26,000 crore

Cairn Energy to drop cases against India, accepts -billion offer. Vedanta is also likely to withdraw arbitration

Robotics & automation firm Addverb Technologies to further expand globally. This strategic initiative stems from increased demand for robotics and automation solutions in the global market

Vodafone Idea shares surge 35% in 6 days in hope of govt support. As the industry continues to remain under unsustainable financial duress, the company is hopeful that the government will provide the necessary support to address all structural issues

IPO-bound OYO increases authorised share capital to Rs 901 crore. The development comes ahead of proposed initial public offering by OYO, for which a draft red herring prospectus is likely to be filed in the next few months

Expansion of city gas distribution infra may create 450k jobs: HSSC chief. According to Sandeep Singh Rana, there will also be job growth in retail fuel pumps, and liquefied petroleum gas (LPG) distribution.

Overseas education company Leap raises Rs 400 cr in Series C funding. The firm said it is seeing an unprecedented demand from students to move abroad this year as international borders open post-Covid.

India to give .5 bln in revised clean tech scheme for auto firms: Report. India sees clean auto technology as central to its strategy to reduce its oil dependence and cut pollution.

JioPhone Next launch: Jefferies sees 10% revenue upside for Jio. The 4G-enabled smartphone, known as JioPhone Next, has been developed in partnership with Google and will be priced below Rs 5,000.

SC extends medical bail of ex-statutory auditor of Amrapali Group of cos. The Supreme Court on Tuesday extended the medical bail by eight weeks of the former statutory auditor of Amrapali Group of companies

Videocon Industries case: NCLAT adjourns hearing till September 20. NCLAT on Tuesday adjourned till September 20 the hearing on a batch of petitions challenging the approval for the takeover of bankrupt-Videocon Industries by Anil Agarwal's Twin Star Technologies

Rajasthan govt imposes Rs 27 lakh fine on Vodafone in data leak case. In its first case it has heard and dealt with under the IT Act 2000, the Rajasthan government on Monday imposed a fine of Rs 27 lakh on telecom company Vodafone Idea Ltd (VIL) on a data leak matter

Dish TV shares rise 13% on lenders' move to change management. Slim chance of loan recovery, say analysts

Flipkart launches programme to find D2C brands and enable funding for them. The D2C (direct to consumer) sector in India is currently worth .6 billion (end of FY 2021) and is expected to be worth 0 billion by 2025.

Muscle & Strength India plans to open 100 stores in the next one year. The company is eyeing to launch outlets through franchisee route with an investment of Rs 20 crore as it seeks to deepen its presence in India's growing nutritional supplement space

Plant protein startup Proeon raises funding to tap multibillion-dollar mkt. The plant-based proteins sector is projected to reach nearly 0 billion by 2027

Cairn Energy plans 0 mn shareholder returns if India tax row resolved. The oil and gas company said it was considering entering into statutory undertakings with the Indian government.

GoKwik raises Rs 40 cr in pre-Series A round led by Matrix Partners India. The new investment will primarily be used for scaling up & establishing a footprint in MENA and SEA regions and hiring talent across tech, data, and product engineering

Google-backed edtech firm offers free math courses to win users in India. Cuemath's premium curriculum, which normally costs 9 a year, will be free for subscribers who invite two new users

Zoho Corporation invests mn in medical devices startup Voxelgrids. Voxelgrids' indigenous MRI technology provides a next generation, cost-effective alternative that enables healthcare facilities to save on capital and operational expenditure

VIL flags industry's unsustainable financial duress; hopes for govt support. Ailing telecom operator Vodafone Idea has flagged the industry's "unsustainable financial duress" in its latest annual report and hoped that the government would provide the necessary support

Biddano raises funding to build India's largest healthcare supply chain. The new funding will enable Biddano to fulfill strong market demand for its supply chain platform by investing in product, engineering and go-to-market teams.

Google-backed edtech firm Cuemath bets on free math courses to add users. Its premium curriculum, which normally costs 9 a year, will be free for subscribers who invite two new users

Cairn accepts bn refund offer, to drop cases against India: CEO. The offer to return money seized to enforce retrospective tax demand in lieu of dropping all litigations against the government 'is acceptable to us', says Cairn CEO Simon Thomson

Dish TV shares surge despite Yes Bank's demand to remove its directors. Shares of Dish TV India surged on Tuesday even after Yes Bank, a significant shareholder in the company, has sought the removal of the company's directors including the MD over alleged misgovernance

'Hopeful of govt support': Vodafone Idea chairperson tells shareholders. The telecom company's operational performance has been impacted by intense competition, low tariffs and a debt of Rs 1.9 trillion leaving it with little surplus for network upgrade.

Here's why CLSA is bullish on ITC; sees the stock Rs 265 levels in a year. Given the road ahead for the next few years, CLSA finds the stock valuations attractive at the current levels with a record-high PE discount to the FMCG average (57 per cent) and a 6 per cent dividend

BEL signs pact for providing reliable power supply to security forces. The Bharat Electronics Limited (BEL) has signed a pact for providing reliable and sustainable power supply to security forces operating in remote, Naxal-affected and high-altitude areas

Organisations in India project 9.4% salary increase in 2022: Aon survey. According to the Aon's 26th Annual Salary Increase Survey, most businesses have an optimistic view going into 2022, with 98.9 per cent of companies intend to give salary increases in 2022

Swiggy sets up development centre in Gurgaon, home turf of rival Zomato. The centre in Gurgaon will focus on building platforms and applications that will improve the overall experience of Swiggy's more than 1,50,000 restaurant partners across 500 cities and towns in India

Amazon signs pact with Gujarat to boost state MSMEs' e-commerce exports. Amazon Global Selling lowers the entry barrier for motivated Indian MSMEs to expand their business and launch their brands globally, from anywhere in India.

COGOS raises mn in pre-Series A funding led by Transworld Group. The firm plans to expand its business to the internal market and further strengthen and develop its technology platform

Aon Survey projects 9.4% avg salary increment in 2022, up from 8.8% in 2021. Pandemic statistics and employee vaccination key factors in determining 'return to office' trends

Embassy REIT raises Rs 300 cr through debentures to refinance debt. Embassy Office Parks REIT on Tuesday said it has raised Rs 300 crore through issue of non-convertible debentures on a private placement basis to refinance existing debt.

Gigforce raises mn from Endiya Partners, Unitus Ventures and others. On-demand staffing platform Gigforce on Tuesday said it has raised USD 3 million (about Rs 22 crore) in funding, led by Endiya Partners. Existing investor Unitus Ventures and key angels also participated in the pre-series A round, a statement said. Unlike

Ola GMV has crossed pre-pandemic levels, says CEO Bhavish Aggarwal. 'Recovery from the second wave is 3 times faster. Clearly, India is up and about,' tweeted Aggarwal

TVS Motor ties up with ETG Logistics for South Africa distribution. ETGL is a division of ETG (Export Trading Group) - a global conglomerate present in 48 countries with expertise across various industries

EV Plugs comes up with aggregator service for EV charging. Public sector companies, like NTPC and EESL, and those running electric vehicle (EV) services, like BluSmart, have put up charging infrastructure.

Piramal- Bain fund invests Rs 615 crore in auto component company. Setco Automotive will transfer its clutch business into a subsidiary, Setco Auto Systems into which IndiaRF will invest through a senior debt facility and 35 per cent equity stake in SASPL.

Mumbai man accuses jewellery firm TBZ of not paying dues of Rs 6.57 cr. A cheating case has been registered by the police in Mumbai against well-known jewellery retail chain TBZ on the complaint of a city-based jeweller over alleged dues of Rs 6.57 crore

Edtech giant Byju's acquires online exam preparation platform Gradeup. The partnership will bolster Byju's presence in the fast-growing online competitive examination preparation category along with harnessing Gradeup's pedagogy and student reach.

Edtech giant Byju's acquires online exam preparation platform Gradeup. The partnership will bolster Byju's presence in the fast-growing online competitive examination preparation category along with harnessing Gradeup's pedagogy and student reach.

Maruti Suzuki hikes prices by up to 1.9% due to increase in input costs. The country's largest carmaker Maruti Suzuki India on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9 per cent with immediate effect

OVL in talks to buy stake in Russia's Vostok, Arctic LNG-2 project. India's top energy companies including ONGC Videsh Ltd is discussing buying a stake in Russia's massive Vostok oil project as well as a planned liquefied gas project Arctic LNG-2, Hardeep Puri said

Balaji Telefilms' shareholders reject Ekta, Shobha Kapoor remuneration deal. According to stock exchange disclosure made by the company, the two separate special resolutions on setting their salaries for the next years got 56.77 per cent and 55.45 per cent 'against' vote.

SC asks NCLAT to hear 63 moons plea against DHFL sale within two months. The Supreme Court on Monday refused to stay the implementation of DHFL Resolution Plan on the plea filed by 63 moons technologies and directed the NCLAT to hear the issue expeditiously.

TSSC, BetterPlace tie up to facilitate frontline hiring for telecom sector. Telecom Sector Skill Council (TSSC) and blue-collar workforce hiring platform BetterPlace have signed an initial pact to facilitate placement of workers for various job roles

Captive coal mine companies get seven days to increase production. The government has given seven days to captive coal mines companies to increase the production to over 85 per cent of their targets, an official release said on Monday.

IREDA enters into pact with TANGEDCO for renewable energy projects. IREDA on Monday said it has entered into a pact with TANGEDCO for providing technical expertise in developing of renewable energy projects and raising of funds. The memorandum of understanding (MoU) was signed by IREDA Chairman and Managing Director (CMD)

Listed private mfg firms' sales soar 75% in Q1 on low base: RBI data. Sales of 1,647 listed private manufacturing companies recorded "extraordinarily high" growth of 75% in the first quarter of FY'22 mainly due to a very low base in the pandemic-hit year-ago period

Infosys 'almost completed' buyback programme; committee to meet on Sept 8. Infosys on Monday said it has almost completed its buyback programme and its buyback committee will meet on September 8 to consider closure of the buyback programme.

Delhi-London AI flight delayed after ants found in business class. Air India's Delhi-London flight, which was to depart from the IGI airport here at 2 pm on Monday, got delayed for more than three hours after a swarm of ants was found in business class, sources said

Nearly 47% closed cases under IBC in liquidation till June, says IBBI. Nearly 47% closed under the insolvency law ended up in liquidation till the end of June but economic value in majority of the cases had eroded even before commencement of the corporate insolvency

'Inflation' mentioned most since 2003 in Asian companies' earnings calls. Call transcripts show recession-proof businesses are concerned about unprecedented increases in raw material prices

E-learning platform Vidyakul raises 0,000 led by We Founder Circle. Vidyakul is aimed at providing after-school e-learning for the state board students in vernacular languages

Online retail platform Dukaan raises mn in pre-series A round. The round was led by 640 Oxford Ventures, with participation from existing investors Snow Leopard Ventures, Lightspeed Partners, and Matrix Partners India

Zydus Cadila gets USFDA's approval to market diabetes medication. Drug firm Zydus Cadila on Monday said it has received approval from the US health regulator to market Sitagliptin, a medicine indicated to treat diabetes.

ONGC's plan to merge refining subsidiary MRPL with HPCL gets delayed. ONGC's plan to complete merger of its refining subsidiary MRPL with recently acquired HPCL to align its upstream and downstream operations into two verticals has got delayed

Saas startup NeuroPixel.AI raises seed fund of 5,000 led by IPV. NeuroPixel.AI was founded in late 2020 by Arvind Nair (CEO) and Amritendu Mukherjee (CTO)

Geniemode raises .25 mn in seed funding round led by Info Edge Ventures. The platform ensures order visibility at each step, adherence to strict global quality checks and managing end-to-end supply chain for the buyer thus becoming a one-stop shop for them.

Cross-border sourcing tech startup Geniemode raises .25 mn seed funding. It is an end-to-end e-commerce platform to make global sourcing more efficient, convenient across fragmented, tech-strapped supply chains in furniture, home furnishing, fashion.

Telecom tower companies to face 180,000 tenancy losses if VIL exits: Icra. Vodafone Idea's financial stress underlined by mounting losses and rising debt is likely to impact its financial lenders and have a bearing on employees and subscribers, ICRA said on Monday

Blackstone buys TARC's warehousing asset in north Delhi for Rs 295 cr. Realty firm TARC Ltd on Monday said it has sold a warehousing asset in the city to global investment firm Blackstone for Rs 295 crore. TARC Ltd has said in a statement that it has completed the sale of its warehousing asset in North Delhi to BREP Asia II E

NMDC reduces prices, steel companies roll over prices in September. NMDC, the country's largest iron ore producer, has reduced prices by around Rs 1,000 a tonne, the company informed the stock exchanges on Monday.

Ola Electric ties up with banks, fin institutions for loans to customers. The company, which had last month launched the Ola S1 electric scooter in two variants -- S1 and S1 Pro -- at prices Rs 99,999 and Rs 1,29,999, respectively, said it will start deliveries in October

Domestic air traffic up 31% in August on higher capacity deployment: Icra. The ratings agency said despite the continued recovery, there is continued stress on demand, driven largely by the second wave of the pandemic, limiting travel to only necessary travel

Reliance Jio completes 5 years of operations; tech world congratulates. From Google India to Zomato, and Netflix to Paytm - the who's who of the tech world lined up to congratulate a company's five years of operations

Top headlines: SC refuses to defer NEET exam; NMDC reduces prices. Business Standard brings you the top stories this evening

Latest stock market News for tomorrow Access previous news reports: 1065106610671068106910701071107210731074107510761077107810791080108110821083

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NSE share market NEWS tomorrow (08 September, 2021). NSE stocks in NEWS (tomorrow)

 

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