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NSE share market NEWS tomorrow (03 September, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (03 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 03 September 2021

Prestige Estates was amongst the top gainers, currently trading at 422.70 in NSE with 4.895 times change in volumes and 10.322% change in price. Other gainers included Rail Vikas with 6.572% price change and 6.896 times volumes, Exide Industries with 6.425% price change and 3.417 times volumes, Sona Blw with 6.299% price change and 5.491 times volumes, and Mazagon Dock with 5.576% price change and 7.818 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.

Indian Energy was amongst the top losers, currently trading at 539.25 in NSE with 0.433 times change in volumes and -4.827% change in price. Other losers included Hdfc Stand with -3.241% price change and 0.958 times volumes, Phoenix Mills with -2.515% price change and 0.518 times volumes, Abb India with -2.41% price change and 1.014 times volumes, and Computer Age with -2.133% price change and 0.956 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.

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

Future-Reliance Retail merger deal: FRL seeks early hearing of appeal in SC. Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order

Snapdeal weighs 0 mn IPO, joining other Indian startups in listing spree. The company, which counts SoftBank Group Corp. among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at as much as .5 billion

Bharti Airtel's rights issue credit positive for itself, says Moody's. Bharti's rights issue is credit positive for the company, Moody's Investors Service has said as it noted that the fresh capital would keep the leverage relatively stable

Reliance aims at 100 GW renewable energy by 2030: Mukesh Ambani. The focus on generating electricity from renewable sources of energy such as solar and wind -will help cut carbon emissions in the world''s third-largest greenhouse gas emitter.

Apple in talks with Toyota about Apple Car production: Report. Apple is reportedly meeting with Toyota executives about producing its long-rumoured Apple Car by 2024.

Issue with a section of employees at Delhi airport resolved: SpiceJet. A section SpiceJet employees went on strike at the Delhi airport on Friday morning over issues related to reduced salaries

Bank of Maharashtra expects total business to cross Rs 3 trn soon. The bank has been a performer in various key parameters, including deposit mobilisation, credit growth, recovery, risk management etc, BoM managing director and CEO A S Rajeev said

Puravankara eyes bigger share from commercial properties in 4-5 years. It is looking to develop commercial properties in Bengaluru, Hyderabad, Chennai and Mumbai and Pune, is aiming at 8.5 mn sq ft in next 3-4 years

Mobile commerce startup Bikayi raises .8 mn funding round led by Sequoia. Set up in 2019, Bikayi helps SMBs scale up on digital platforms, enabling them to reach out to a wider audience base

Startup Sugar.fit, which aims to reverse diabetes, to raise million. Health and fitness firm Cure.fit and two others to invest the funds in a deal likely to by September

RIL acquires 22.8 mn shares of Strand Life Sciences for Rs 393 cr. The acquisition was done via RIL's subsidiary Reliance Strategic Business Ventures Limited

Tata Capital Financial Services plans to raise up to Rs 11,500 crore. Tata Capital Financial Services made a profit of Rs 678 crore in FY21, as compared to Rs 114 crore in FY20

Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3. India becomes the third largest startup ecosystem in the world

Reliance's cheap JioPhone can unleash a credit revolution across the globe. A small band of policy influencers may unlock the next big prize for banks: the billions who operate outside the formal finance sector.

CEO, CFO of scam-hit Karvy arrested in IndusInd Bank default case. The city police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals

IRB Infrastructure Developers wins highways project order in Tamil Nadu. IRB Infra said the company has won the bid for the construction of six lanes of 20 km Pondavakkam to Kannigaipair stretch on the upcoming Chittoor Thachur Highways

Not worried about rivals, says PhonePe's Nigam after opening data for all. PhonePe has launched PhonePe Pulse, India's first interactive platform with data, insights and trends on digital payments. Nigam said firm has made privacy topmost concern while designing Pulse

I-T dept raids firm making synthetic yarns; detects evasion worth crores. The Income Tax (I-T) department has detected tax evasion worth crores of rupees after it raided a synthetic yarns and polyester chips making company

Indian companies' foreign borrowing jumps 60% in July to .43 bn. Indian companies raised over .43 billion from foreign markets through external commercial borrowings (ECBs) in July this year, up by nearly 60 per cent from a year ago, RBI data showed on Thursday

Reliance Retail Ventures acquires sole control of Just Dial. On Sep 1, 2021, Just Dial allotted 21.2 mn shares at Rs 1,022.25 apiece to RRVL

Coal India chairman lays foundation stone of Rs 285-cr connectivity project. Coal India Chairman Pramod Agrawal has laid the foundation stone of a Rs 285.05-crore first-mile connectivity project, according to a statement by the coal ministry released on Thursday

Embassy REIT to raise up to Rs 300 cr via non-convertible debentures. Embassy Office Parks REIT will raise up to Rs 300 crore through issue of non-convertible debentures. The company did not disclose where the funds will be utilised. In a regulatory filing, the company informed that the board of Embassy Office Parks Manageme

After Maruti, Mahindra warns of 20-25% production loss due to chip shortage. Most other auto firms in India including Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon

ArcelorMittal Nippon Steel India commissions 6 million tonne pellet plant. Capacity at Paradeep complex in Odisha reaches 12 mn tonnes, making it India's largest single-location pelletisation complex; AM/NS India's total pelletisation capacity now at 20 mn tonnes

PNB says Jet revival plan is discriminatory, files appeal in NCLAT. PNB is the largest shareholder in Jet Airways with 26 per cent stake which it secured after invocation of a pledge in 2019

Govt invites bids for second time from law firms for LIC IPO. On July 15, the government had floated request for proposal inviting bids from reputed legal advisors and the last date for bidding was August 6. However, the RFP did not receive sufficient response.

LIC IPO: Govt floats fresh RFP for legal adviser as law firms shy away. In new tender, DIPAM specifies three-year time limit for validity of the financial bids

Top headlines: August exports rise 45%; RRVL gets sole control of Just Dial. Business Standard brings you the top stories this evening

BSNL's KLI project tender restricts local players participation: TEPC. TEPC has alleged that a tender floated by state-run BSNL to connect Lakshadweep Islands with Kochi through submarine cable restricts participation of both Indian and foreign companies, except one.

Aon increases stake to 100% in Aon India Insurance Brokers. Aon had acquired a 49 percent stake from former Infosys Chairman N R N Murthy's Catamaran Ventures in 2020

Pick up in economic activities boosts freight rates, CV sales in August. For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

Dr Reddy's, Natco Pharma launch generic cancer drug in Canada. Dr Reddy's Laboratories and Natco Pharma on Thursday said they have launched generic capsules used in the treatment of multiple myeloma and myelodysplastic syndrome patients in the Canadian market.

Trai directs telcos to ensure only tariffs filed with it are offered. Trai directed all telecom service providers to immediately ensure that only tariffs that are reported to it are offered through their channels, distributors or retailers

Govt appoints Atul Bhatt as CMD of Rashtriya Ispat Nigam Ltd. Atul Bhatt has been appointed as chairman and managing director (CMD) of disinvestment-owned steel company Rashtriya Ispat Nigam Ltd (RINL), according to an official notification.

Sembcorp, Adani emerge as L-1 bidders in 1,200 MW wind energy auction. Sembcorp firm Green Infra Wind Energy, ReNew Naveen Urja, Adani Renewables Holdings Fifteen and Anupavam Renewables have emerged as the lowest bidders in an auction for 1,200 MW wind energy projects

'Happened rapidly': How a single Covid case rocked world's biggest carmaker. Toyota slashes output in September by 40%: a fallout of a series of disruptions that started when a worker at a supplier's plant in Vietnam tested positive for Covid.

Carmaker Mahindra warns of 20% dip in production due to chip shortage. Indian car maker Mahindra and Mahindra said on Thursday it expects a 20%-25% drop in September vehicle production at its automotive division due to semiconductor shortages

Walton Street Blacksoil fund gets commitments of Rs 360 cr for its new fund. The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore

Invest-tech platform dezrve. raises million in seed funding round. The seed funding round was co-led by Elevation Capital and Matrix Partners India, with participation from investors such as Whiteboard Capital and Blume Founders Fund

'Not typical startup founders': BillDesk trio reap 0 mn each with sale. M N Srinivasu, Ajay Kaushal and Karthik Ganapathy are selling their digital payments company to Prosus NV.

CIL chairman lays foundation stone of MCL's Rs 285 crore FMC project. Coal India Limited (CIL) Chairman Pramod Agrawal laid the foundation stone of Mahanadi Coalfields Limited's Rs 285.05 crore first-mile connectivity (FMC) project of Lajkura SILO at Ib valley in Jharsuguda district. The project would add 15 million tonne pe

Apple hit with antitrust case in India over in-app payments issues: Report. The case, filed by a non-profit group, argues Apple's fee of up to 30% hurts competition by raising costs for app developers and customers, while also acting as a barrier to market entry

Meesho announces 10-day company-wide break for staff post festive season. The 10-day company-wide work break is the first ever move by an Indian startup to prioritise employee well-being and mental health support, the firm said

Need objective assessment of working of insolvency law: IBBI chief. IBBI Chairperson M S Sahoo on Thursday pitched for a comprehensive and objective framework to assess the working of the insolvency law to make prompt course corrections.

Startup Udaan files complaint before CCI against biscuit maker Parle. In its complaint, Udaan has accused Parle is abusing its dominant position by refusing to supply its fast-moving products directly to the B2B e-commerce firm, without justification

Twitter testing new safety feature to block accounts using foul language. The microblogging site will rolling out the safety feature to a small feedback group on iOS, Android and Twitter.com, beginning with accounts that have English-language settings

Airtel conducts cloud gaming session on 5G as part of ongoing trials. Telecom operator Bharti Airtel on Thursday said it has successfully conducted India's first cloud-gaming session in a 5G environment. The demonstration was conducted in Manesar, Gurgaon, as part of the ongoing 5G trials, using spectrum allotted by the Depa

In no hurry to launch IPO, will go public when it makes sense: PhonePe CEO. PhonePe is in no hurry to launch its IPO and will go public "when it makes sense" for the company, even as a number of Indian internet companies line up to mark their debut on Dalal Street

In its first such move, IndianOil lists foreign currency bonds on IFSC. Securities worth SGD 400 million and .4 billion, issued in 2012, 2013 and 2019 respectively are now listed," a statement from IFSC said.

PhonePe starts first Indian digital payment interactive geospatial platform. The Walmart-owned digital payment firm said its Pulse platform reveals digital transaction habits of over 300 mn Indians at a district level

Tata Realty buys out Actis in Mumbai IT park for undisclosed sum. It's an all-cash deal; sources said Actis held 26% share in the property whose value is about Rs 1,200 crore

Tata Power arm TP Saurya gets LoA for 330 MW solar project in MP. Tata Power on Thursday said its arm TP Saurya has received a letter of award from Rewa Ultra Mega Solar Limited for setting up of 330 MW solar project in Madhya Pradesh. "TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, has received a 'L

Adani Green raises 0 million from Green Bonds, coupon set at 4.375%. Funds will be utilised towards equity funding of the capex for underlying renewable projects under construction by AGEL

India added three 'unicorns' per month in 2021: Hurun report. India added three 'unicorns' per month in 2021 to nearly double the overall number of startups valued at over USD 1 billion to 51 as of end-August, a report said on Thursday

ONGC evaluating stake buy in Russia's Vostok Oil project: OVL MD. Vostok is one of Russia's biggest oil projects

Steel sector outlook revised to positive on continued earnings uptick: Icra. Given the strong earnings growth and capex curtailments following the pandemic-related uncertainty, steelmakers started to aggressively deleverage since the second quarter of FY2021

PNB asks NCLAT to quash Kalrock-Jalan resolution plan for Jet Airways. PNB argues that Jet's court-appointed rescue official had initially accepted its claim of nearly Rs 1,000 cr from the airline's backers, but then reduced it by Rs 200 cr

Amazon to host first-ever Career Day in India, over 8,000 direct jobs ready. 140 Amazon recruiters will offer over 2,000 one-on-one career coaching sessions for interested participants to help grow in their careers at the company or elsewhere

Jhunjhunwala-backed Akasa hires former IndiGo executive Ankur Goel as CFO. The airline is reportedly in final negotiations with aircraft manufacturer Boeing for an order of up to 100 737 Max jets

Minda picks up 26% in charging solution startup EVQPOINT via subsidiary. Deal will allow Spark Minda to capitalise on the shift to electric mobility and bolster its position as a one-stop shop for comprehensive charging solutions for EVs

Google Pay users can take FD benefits of Equitas SFB without bank account. Google Pay users can take the benefits of fixed deposit rates offered by Equitas Small Finance Bank by booking FD on the payments platform without opening a bank account.

NMDC iron ore production grows 44% to 15 MT in April-August. State-owned NMDC on Tuesday said its iron ore production surged over 44 per cent to 15.02 million tonnes (MT) in April-August 2021.

IT firms up the ante on sustainability projects, help clients cut emission. As per some estimates, the global Information and Communications Technology (ICT) sector emits 1.4% of world's carbon

NTPC REL bags letter of award for 325 MW solar projects in Madhya Pradesh. State-run power giant NTPC on Wednesday said its arm NTPC REL has received a letter of award (LoA) for 325 MW solar projects in Madhya Pradesh from Chief Minister Shivraj Singh Chauhan

Coal India starts project to replace diesel with LNG in dumpers. Coal India, the country's biggest coal miner, is retrofitting its diesel-engine trucks used in mines with liquefied natural gas (LNG) kits to cut its carbon footprint and save fuel costs

Bharti Airtel obtains shareholder nod on all seven AGM resolutions. Sunil Mittal's reappointment gets 10% against votes

RBI fines Axis Bank Rs 25 lakh for flouting KYC norms. The fine is based on a scrutiny carried out by RBI during February 2020 and March 2020 in a customer account maintained with the bank

Amarinder launches 'Innovation Mission Punjab' to boost start-up sector. CM Amarinder Singh on Wednesday launched 'Innovation Mission Punjab' (IMPunjab), a public-private partnership that brings in global investors and experts to catalyze start ups, a release said.

Mahesh Babu joins Ashok Leyland EV business, COO Nitin Seth resigns. Babu has over 25 years of experience in mobility and joins the firm from Mahindra Electric

Zerodha gets in-principle approval from Sebi to start mutual fund business. In February 2020, the broking company had applied for the AMC license

Madras HC puts order on bumper-to-bumper cover for new vehicles on hold. Will hear the General Insurance Council on September 13

Vedanta to disburse Rs 6,877 crore via dividend declaration. Vedanta board approves first interim dividend of Rs 18.50 per share for FY22

Snapdeal sees 493% rise in kids apparel category in Jan-July. Since the beginning of the pandemic last year, kidswear in general saw huge growth online as parents tried to keep children away from crowded markets and malls

Sebi penalises compliance officer of Essar Shipping in insider trading case. Markets regulator Sebi on Wednesday levied monetary fine on the compliance officer of Essar Shipping Ltd for failing to administer the code of conduct as prescribed under insider trading norms.

SPARC seeks shareholders nod to raise up to Rs 1,800 crore. Sun Pharma Advanced Research Company (SPARC) on Wednesday said it will seek shareholders' approval to raise up to Rs 1,800 crore through various modes, including issue of equity shares and securities

Coal India production increases 15% to 43 million tonnes in August. State-owned CIL produced 42.6 million tonnes of coal in August, registering an increase of 14.6 per cent over the corresponding month of the previous fiscal.

Telstra India sets up 2 Innovation and Capability Centres, engineering lab. Australian telecom firm Telstra's Indian arm on Wednesday announced setting up of innovation and capability centres and an engineering lab in the country where it will test devices for 5G networks.

NHPC seeks shareholders nod to raise borrowing limit to Rs 40,000 cr. State-run hydro power giant will seek its shareholders' approval to raise borrowing limit by Rs 10,000 crore to Rs 40,000 crore in the annual general meeting on September 29, 2021.

Indian Hotels launches new exclusive Taj The Chambers club in London. The Indian Hotels Company Limited (IHCL) has launched its newest membership club, Taj The Chambers, in London as part of a wider Re-imagined worldwide drive for India's leading hospitality brand.

Trifecta Capital launches third fund with target corpus of Rs 1,000 cr. The fund aims to serve the rapidly growing financing opportunities for Indian start-ups

Latest stock market News for tomorrow Access previous news reports: 1068106910701071107210731074107510761077107810791080108110821083108410851086

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