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NSE share market NEWS tomorrow (02 September, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (02 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 September 2021

Idea Cellular was amongst the top gainers, currently trading at 7.15 in NSE with 2.643 times change in volumes and 17.213% change in price. Other gainers included Pg Electroplast with 9.988% price change and 1.095 times volumes, Container Corporation with 6.855% price change and 2.143 times volumes, Shree Cements with 6.479% price change and 2.072 times volumes, and Hdfc Stand with 5.629% price change and 3.262 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.

Bank India was amongst the top losers, currently trading at 59.60 in NSE with 3.198 times change in volumes and -6.216% change in price. Other losers included Computer Age with -3.886% price change and 0.472 times volumes, Oberoi Realty with -2.871% price change and 0.263 times volumes, Fortis Healthcare with -2.444% price change and 1.016 times volumes, and Mahindra Mahindra with -2.267% price change and 0.809 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.

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

Coal India starts pilot project to replace diesel with LNG in dumpers. State-owned CIL said it has begun the process of retrofitting LNG kits in dumpers -- big trucks engaged in transportation of coal, a move that will help the PSU to save around Rs 500 crore annually

GMR to invest Rs 500 cr in metro rail link project to Hyderabad Airport. The GMR group will be investing over Rs 500 crore in a Rs 5000 crore metro rail link project being proposed by the Telangana government for connectivity to the aerodrome from various parts of the city

Puri's 'Next' strategy drives ITC into smart FMCG, hotels, agri innovation. ITC appears to be closing in on turning its FMCG, agriculture and hotel segments as main growth drivers, with chairman Sanjiv Puri shepherding the 'Next' strategy

Amazon app seeks share of India's farm market, offers advice on crops. Dedicated mobile app to help farmers make decisions on crops and even deploy machine learning technology.

Telstra launches innovation centres in India to solve challenges in AI, IoT. One of the facilities in Bengaluru will specialise in creating an end-to-end 4G/5G environment where testing of 4G/5G mobile handsets and IoT devices of various OEMs will be done

Voice AI company Skit raises mn in Series B led by WestBridge Capital. This follows a Series A round last May, led by Exfinity Ventures and Kalaari Capital, AngelList. The latest funding brings the startup's total raise to million

Oyo launches self-onboarding tool for hotels to list in 30 minutes. Current onboarding time is 15 days. Oyo 360 tool provides a two-click platform for enrolment on its platform and offers three benefits of growth, partnership, and network

Skeps raises .5 mn in funding led by Bertelsmann India Investments. Financial technology startup Skeps has raised USD 9.5 million (about Rs 70 crore) in series A funding round led by Bertelsmann India Investments. Existing investor Accel also participated in this round, the company said in a late-night statement on Tuesday

India to offer indemnity to Air India bidder over Cairn claim: Report. Air India, unprofitable since a 2007 merger with state-owned domestic operator Indian Airlines Ltd., has total debt of Rs 60,000 crore and loses Rs 20 crore every day

ICICI Bank m-cap tops Rs 5 trillion as stock hits lifetime high intra-day. At the closing price, the lender was valued at Rs 4.98 trillion; HDFC Bank is the only lender valued higher, at Rs 8.74 trillion

Hindustan Zinc extends shutdown at one of Chanderiya smelter roasters. In a BSE filing, the company informed that the extension of the closure will result in potential loss of production of about 25,000 tonne of zinc

India is bedrock of development capabilities, will continue to hire: PayPal. Digital payment solutions provider PayPal said India is the "bedrock" of its development capabilities and it continues to hire aggressively in the country to further build and drive the teams

ONGC pumps first gas from U1B deep-water well in KG basin. State-owned Oil and Natural Gas Corp (ONGC) has pumped first gas from its deep-water U1B well in Krishna Godavari block KG-D5 in the Bay of Bengal

Majority of corporate employees want to WFH at least once a week: Survey. Nearly 80 per cent of corporate employees want to work from home at least once a week post-COVID, according to a survey by property consultant JLL India

Top headlines: Aug GST collection Rs 1.12 trn; AU SFB clears air on exits. Business Standard brings you the top stories this evening

Vedanta board approves interim dividend of Rs 6,877 crore. Vedanta Ltd on Wednesday said its board has approved an interim dividend of Rs 18.50 per equity share for FY2021-22, amounting to Rs 6,877 crore. "The board of directors of the company in its meeting held on Wednesday...have approved first interim dividend

EIL Technical Director Vartika Shukla takes charge as chairperson. A Chemical Engineer from IIT, Kanpur, Shukla joined EIL in 1988 as a Mgt Trainee. In her 32 years at the firm she has led the completion of many energy projects in India and abroad

Maruti Suzuki to slash output in September by 60% over chip shortage. Closure of Bosch plant in Malaysia hurt production in September

Supreme Court orders demolition of Supertech twin 40-storey towers. Nine years after taking up the cudgels against Supertech Ltd, home buyers finally got relief from the Supreme Court on Tuesday as it ordered demolition of the under-construction twin 40-storey towers

Bajaj Auto reports 5% increase in sales at 373,270 units in August. Bajaj Auto on Wednesday reported a 5 per cent increase in total sales at 3,73,270 units in August 2021.

Bharti Airtel's equity issuance to aid deleveraging, fund 5G capex: Fitch. Bharti will raise equity in three tranches, a quarter of the proceeds to be received upfront and the balance in two instalments within three years

Toyota Kirloskar domestic sales surge two-fold to 12,772 units in August. Toyota Kirloskar Motor on Wednesday reported over two-fold increase in domestic wholesales in August at 12,772 units as compared with August 2020

BPM firm Startek to raise stake in CSS Corp, hire over 2,000 in India. Eyes controlling stake in CSS over time, hopes to build a billion-dollar business after possible merger

Lucas TVS join hands with 24M to set up giga factory near Chennai. Plant likely to begin commercial production in H2 of 2023; Lucas plans to grow capacity to a globally competitive scale of 10 GWh in two stages

Contributed Rs 2.74 trillion to exchequer in past 10 years: Vedanta. Natural resources major Vedanta on Tuesday said it has made a contribution of Rs 2.74 lakh crore to the exchequer in the past 10 years. During 2020-21, Vedanta's contribution to the exchequer was Rs 34,562 crore, which accounts for 40 per cent of the conso

Pvt airport operators to spend Rs 42,000 cr on capacity expansion: Crisil. Private airport operators are expected to spend around Rs 42,000 crore on capacity expansion over the five years through fiscal 2026 as they are confident of air traffic growth in the long term

Will ensure full compliance of SC order in Supertech case: Noida Authority. The Noida Authority on Tuesday said it will ensure full compliance with the Supreme Court's order on demolishing Supertech's two 40-storey illegal towers

Sterling and Wilson Solar to explore biz opportunities in other segments. Sterling and Wilson Solar will explore business opportunities in areas like clean energy storage, waste management and energy efficiency. The company inserted a new clause in the memorandum of association (MoA) to include new segments like setting up of po

Shoppers Stop sells Crossword Bookstores at Rs 41.62 cr valuation. Retail chain Shoppers Stop on Tuesday said it has closed the sale of a controlling stake in its wholly-owned subsidiary Crossword Bookstores at a gross business valuation of Rs 41.62 crore. The stake in Crossword Bookstores is being sold to the owners of A

Edtech decacorn Byju's FY20 revenue up 81% to Rs 2,434 cr, profit rose 152%. Byju's is on an acquisition spree, amf has spent over bn to buy six companies in India and the US this year

M-cap of Tata Consultancy Services goes past Rs 14 trillion mark. The market valuation of Tata Consultancy Services has breached the Rs 14 lakh crore mark, becoming the second company after Reliance Industries Limited to achieve this milestone.

WhatsApp says it banned 3 mn accounts in India in second compliance report. It received 137 reports for account support, of which one was actioned, and 316 requests to ban accounts, of which 73 were actioned

Homegrown firm MapmyIndia files draft papers for IPO with Sebi. MapmyIndia, which powers Apple maps in India, has filed draft papers with the domestic market regulator for an initial public offering

Amazon Retail launches agronomy services to empower farmers with technology. The initiative includes introducing machine learning tech for better produce and build a robust supply chain infra

Latest stock market News for tomorrow Access previous news reports: 1069107010711072107310741075107610771078107910801081108210831084108510861087

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