NSE share market NEWS tomorrow (07 September, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (07 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 September 2021
Idea Cellular was amongst the top gainers, currently trading at 8.25 in NSE with 4.198 times change in volumes and 13.793% change in price. Other gainers included Indian Rail with 9.257% price change and 2.283 times volumes, Indus Towers with 7.952% price change and 8.099 times volumes, Rail Vikas with 7.325% price change and 4.154 times volumes, and Voltas with 5.702% price change and 2.748 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.
Prestige Estates was amongst the top losers, currently trading at 451.20 in NSE with 0.488 times change in volumes and -5.892% change in price. Other losers included Macrotech Developers with -5.605% price change and 0.544 times volumes, Bank India with -3.255% price change and 1.284 times volumes, Oberoi Realty with -3.197% price change and 0.432 times volumes, and National Aluminium with -2.923% price change and 0.281 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.
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
Fitch says BPCL privatisation may get delayed for multiple reasons. Bidders are conducting due diligence, but uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays, says the ratings agency
Sales of listed realty firms just 50% of highest Q4FY19 figures. The Q4 of FY19 sales numbers excluded those of property developer Macrotech promoted by the Lodha group
RSS distances itself from 'Panchajanya' article targeting Infosys. Panchajanya is not a mouthpiece of the RSS and the said article or opinions expressed in it should not be linked with the Sangh, said Ambekar
Enel interested in India's power distribution market, says CEO. "We are interested because finally this big country is making it possible for private ownership of power distribution assets," CEO Francesco Starace said
RevFin Services looks to raise around mn via securities this fiscal. RevFin Services Pvt Ltd plans to raise around USD 40 million through debt and equity by the end of this fiscal to accelerate its lending, according to a top company official
Why Infosys is latest RSS target. Panchajanya attack makes Infosys first big corporate to fall victim to RSS and its affiliates hit-and-run tactics
K'taka: Industrial Adalat to be reintroduced to solve industrial disputes. Many investors and industrialists have immensely benefited from Industrial Adalats: State minister
Ahead of festive season, Amazon, Flipkart scale-up facilities across India. The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
Anarock eyes 50% revenue growth in FY22 to about Rs 450 crore. Mumbai-based Anarock is one of the leading housing brokerage firms in the country
Franklin Templeton Mutual Fund gets Rs 149-cr from Vodafone Idea. Franklin Templeton Mutual Fund has said it received a payment of nearly Rs 149 crore from Vodafone Idea Ltd as interest on its securities investment
IndiGo's General Counsel Priya Mehra quits, replacement yet to be announced. Mehra's resignation comes close on the heels of resignation of Ankur Goel, head of company's investor relations who is joining Akasa as CFO
Dr Reddy's inks pact with Citius Pharma to sell rights to anti-cancer agent. The drug firm said it has entered into a definitive agreement with Citius to sell all of its rights to E7777 and certain related assets.
Kochi based startup Avodha offers courses in vernacular languages. Through Avodha, student pays a small amount upfront which is roughly one-fourth of the overall fees and remainder is paid after student gets a job related to course they have studied
Flipkart co-founder Sachin Bansal takes on ED over FEMA violation notice. ED had issued a show cause notice to Flipkart, its founders, some investors asking them to explain why they should not face a penalty of .35 bn for alleged violation of foreign investment laws
Barbeque Nation raises nearly Rs 100 cr via preferential issue of shares. The company's stakeholder in its meeting approved an allotment of 11,77,855 fully paid-up equity shares of a face value of Rs 5 each at a premium of Rs 844 by preferential allotment
Future Consumer focusing on Digital First model across brand activities. The company said it believes that "habits formed in current times will tend to remain in the long term as well".
Apple hires ex-Mercedes engineers for 'Apple Car' team: Report. Apple has reportedly hired two former Mercedes engineers with experience in mass production of vehicles, steering, dynamics, software and project management.
Yes Bank-DHFL case: Rana Kapoor's wife, daughter get interim bail. Kapoor''s wife Bindu and daughter Radha were named as accused in the supplementary charge sheet filed by the Central Bureau of Investigation recently, but the duo was never arrested in the case.
Boeing 777 held by Dutch sold; insolvency process to close now: Jet Airways. Jet Airways said one of Boeing 777 aircraft, which was under the custody of Dutch Administrator due to insolvency proceedings in Netherlands is sold, and proceedings to be utilised to close process
Biggest sovereign wealth fund excludes ONGC from portfolio. The exclusion was announced by Norges Bank after a recommendation from the Council on Ethics, an independent body that investigates possible norm breaches in the wealth fund's .4 tn portfolio
Snapdeal plans 0-400 million IPO, eyes valuation of up to .5 billion. Recently, Snapdeal said it saw huge traction in the sale of kids' apparel, a jump of 493 per cent in the sixth month period between January and July
Maruti Suzuki announces its largest recall to rectify safety defects. The recalled vehicles will be inspected and if any fault is found in their motor generator unit, that will be replaced free of cost
Petronet to make foray into petchem business, plans LNG terminal in Odisha. Petronet LNG Ltd plans to set up a petrochemical complex at Dahej in Gujarat as it looks to make a foray into high margin business to hedge gas trading risks, Oil Secretary Tarun Kapoor said
HFCL board approves plan to raise Rs 750 crore through various issues. Domestic telecom gear maker HFCL on Friday said it has received its board's consent to raise up to Rs 750 crore through equity, bonds, debentures or any other securities
Will look at expansion, capital outlay next year: PVR's Sanjeev Kumar Bijli. The Jt MD of the cinema chain says PVR is currently concentrating on properties that were to be launched before the pandemic struck in March 2020
Mahindra Finance disburses over Rs 2,000 crore for second time in Aug. Mahindra & Mahindra Financial Services (Mahindra Finance) on Friday said it has disbursed over Rs 2,000 crore for the second time in a row in August. In August 2021, the business continued its momentum with a disbursement of more than Rs 2,000 crore for th
Top headlines: Maruti to recall 180k vehicles; Snapdeal weighs 0-mn IPO. Business Standard brings you the top stories this evening
JSPL shareholders okay 96.42% stake sale in Jindal Power for Rs 7,401 cr. At the company's EGM held electronically on Friday, 97.12% of Jindal Steel shareholders via special resolution approved divestment of the firm's power business
Sachin Bansal of Flipkart moves Madras High Court challenging ED notice. Bansal has moved the Madras High Court challenging a show cause notice (SCN) dated July 1 this year issued by the Enforcement Directorate (ED)
Indian insurance sector: Shakeout or promoter exits to happen?. Mixed views were expressed by insurance industry officials
McLeod Russel steps out of insolvency after settlement with creditor. Sources say offer has been made to P P Gupta of Techno Electric for a minority stake in the firm, who could chip in to help McLeod promoters bring in equity as per debt resolution
NCLAT issues notice over PNB's plea against Jet Airways resolution plan. The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional
SC seeks Sebi's reply on NDTV promoters' plea against levy of penalty. The Supreme Court on Friday asked the Sebi to file its reply on NDTV promoters' Prannoy Roy and Radhika Roy's plea seeking penalty proceeding be kept in abeyance
Madhya Pradesh govt signs MoU with NTPC for setting up ITI in Khargone. The Madhya Pradesh government on Friday signed a memorandum of understanding (MoU) with NTPC Limited for setting up an industrial training institute (ITI) at a village in Khargone district.
Vivek Chaand Sehgal resigns as director from Sun Pharmaceutical board. Drug firm Sun Pharmaceutical Industries on Friday said Vivek Chaand Sehgal has resigned as an independent director of the company with effect from September 1.
JSPL shareholders approve 96.42% stake sale in Jindal Power for Rs 7,401 cr. JSPL said over 97 per cent shareholders have approved the proposal to sell 96.42 per cent stake the company holds in its arm Jindal Power for Rs 7,401 crore to its promoters owned firm Worldone.
NTPC seeks shareholders' nod to raise Rs 18,000 crore via bonds. State-owned NTPC will seek shareholders' approval to raise Rs 18,000 crore through the issuance of bonds or debentures in its annual general meeting on September 28.
RIL arm buys majority stake in Strand Life Sciences for Rs 393 crore. RIL is expected to further invest up to Rs 160 crore in the genomic testing firm by March, 2023
ONGC Videsh plans to raise 0 million from overseas investors. The company plans to retire old loans
HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore. Post the acquisition, Exide Industries will hold a 4.1 per cent stake in HDFC Life
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