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NSE share market NEWS tomorrow (01 September, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (01 September, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 September 2021

Abb Power was amongst the top gainers, currently trading at 2410.50 in NSE with 7.729 times change in volumes and 12.817% change in price. Other gainers included Indian Energy with 10.983% price change and 1.447 times volumes, Oberoi Realty with 10.652% price change and 24.688 times volumes, Havells India with 6.015% price change and 1.041 times volumes, and Prestige Estates with 5.558% price change and 4.03 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 63.55 in NSE with 1.751 times change in volumes and -4.22% change in price. Other losers included Mahindra Mahindra with -2.95% price change and 1.814 times volumes, Pg Electroplast with -2.819% price change and 1.896 times volumes, Tata Steel with -2.693% price change and 0.356 times volumes, and Odisha Cement with -2.653% price change and 1.594 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.

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

Wipro, HERE Tech partner to offer location-based services, analytics. IT services major Wipro Ltd on Tuesday said it has partnered with HERE Technologies to offer location-based services to customers

Rattle raises .8 mn in seed round led by Lightspeed and Sequoia Capital. Angels such as Amy Chang (EVP, Cisco & Disney board member), Ellen Levy (investor in Outreach), Jake Seid (investor in Brex & Carta), and Krish & Raman (Chargebee founders) also participated

Top headlines: India's Q1 GDP grows 20.1%; PayU buys BillDesk for .7 bn. Business Standard brings you the top stories this evening

Coal firms asked to give priority supply to plants with critical stock. The government on Tuesday said specific instructions have been given to coal companies to give priority supplies to thermal power plants having critical stock level

Exide Industries may foray into lithium-ion battery manufacturing. The country's largest lead acid battery maker, Exide Industries Ltd, on Tuesday said it is evaluating foray into manufacturing Advance Cell Chemistry batteries, commonly referred to as lithium-ion batteries. To take a final call, the company is waiting for

Facebook took action on 33.3 mn content pieces during June 16-July 31. Facebook "actioned" over 33.3 million content pieces across ten violation categories proactively during June 16-July 31 in India, the social media giant said in its compliance report

Village commerce tech startup 1Bridge raises .5 mn in fresh funding round. The funding was led by Netherlands-based impact investor C4D Partners, an early investor for the last 4 years

NCLT Mumbai orders freeze of Videocon group promoters' assets. It has directed the erstwhile promoters of Videocon group to disclose in an affidavit their moveable and immovable properties/assets

Address AGR issues for cable ops, fix min broadband speed at 2 mbps: Trai. Telecom regulator Trai on Tuesday recommended a slew of measures, including fixing minimum broadband speed at 2 megabit per second, to promote internet connectivity and increase connection speed.

State-owned BHEL bags Rs 10,800 crore order from NPCIL. State-owned engineering firm BHEL on Tuesday said it has bagged an order worth Rs 10,800 crore from NPCIL.

Prosus buys Indian payments company Billdesk for .7 billion. Technology investor Prosus NV purchases 100% of the equity in Indian payments platform Billdesk for .7 billion.

Amazon unveils DSP 2.0 to help aspiring entrepreneurs launch delivery biz. With this offering, new entrepreneurs can start their businesses with low start-up costs

Tesla inches closer to entering India as road ministry approves 4 models. Tesla has had its vehicles certified as being roadworthy in India, says ministry website.

RIL eyes entering new materials, renewable energy biz through acquisitions. RIL is believed to be closing in on a deal to buy out the REC Group, a Norway-headquartered solar module maker with links to the Chinese government-owned China National Chemical Corporation

PayU acquires Billdesk for .7 bn in one of largest Indian fintech deals. The proposed acquisition will see PayU become one of the leading online payment providers globally by total payment volume

Sun Pharma gets exclusive right to commercialise Winlevi acne cream in US. Sun Pharma and specialty pharma firm Cassiopea SpA announced consummation of their exclusive licence and supply agreements for Winlevi cream used for treatment of acne vulgaris

Abbott introduces single-dose formulation of carbetocin in India. Drug major Abbott on Tuesday said it has launched room-temperature-stable, single-dose formulation of carbetocin in India to help in the prevention of postpartum haemorrhage (PPH)

Dr Reddy's Lab launches generic stomach ulcer drug in US market. DRL on Tuesday said it has launched generic Chlordiazepoxide Hydrochloride and Clidinium Bromide capsules used for treatment of stomach ulcers, irritable bowel syndrome and inflammation of the colon

REC seeks shareholders nod to raise up to Rs 85K cr via bonds, debentures. State-owned REC will seek shareholders' approval to raise up to Rs 85,000 crore through issuance of non-convertible bonds or debentures next month.

Maruti Suzuki sees production impact from semiconductor shortage. India's top car maker Maruti Suzuki expects production at its plants in the states of Haryana and Gujarat to be impacted in September due to a shortage of semiconductors, it said on Tuesday.

Hard for rivals to beat us with our reach, costs: IndiGo's Ronojoy Dutta. IndiGo has no plans for acquiring any airline which will dilute its business model

BBNL defers Rs 19,041 cr Bharatnet broadband tender bid date to Sep 14. State-run Bharat Broadband Network Limited has deferred bid dates for Rs 19,041 crore BharatNet broadband tender to September 14 after potential bidders raised more than 2,000 queries on the project. An official source told PTI that the bid dates are likel

NTPC plans to ramp up coal supply as shortage hits thermal units. NTPC said the company was augmenting its imported coal capacity of 2.7 million tonne, which was drawn from its earlier contracts

Tariff hike only way; we won't shy away: Bharti Airtel's Sunil Mittal. The company stock reacted positively on Monday, ending 4.44 per cent up at Rs 620.35 on BSE

Tata, Adani plants may get to sell on power exchanges amid coal crisis. The ministry is pursuing these five states to allow the two units to sell in the spot market on the power exchanges

Facebook, Xiaomi want a slice of India's trillion digital loan market. India's digital payments market is drawing the attention of some of techs biggest names after online transactions surged during the pandemic.

Maruti Suzuki to hike prices across models from Sept; stock rises 2.9%. The hike could be steeper than last three rounds, pushed by an exponential increase in prices of raw materials such as steel and copper, analysts said

Upgrad doubles learners base in eight months, crosses 2-million mark. The pandemic-driven work-from-home and the resultant demand for upskilling/reskilling have helped higher education major Upgrad, which recently turned a unicorn with a valuation of USD 1.2 billion, double the learners base on its platform in just eight mon

Digital companies may enter Nifty soon over the next few months: UBS. Thanks to the pandemic-induced lockdowns which have spurred adoption of digital platforms, some internet-based companies are expected to enter equity benchmark Nifty over the next few months

Indegene acquires Medical Marketing Economics for around mn. Healthcare solutions provider Indegene on Monday said it has acquired MME for approximately million to strengthen its pricing, reimbursement and market access capabilities.

Rakesh Jhunjhunwala-backed Rare Enterprises to invest in Syska LED. Rakesh Jhunjhunwala's Rare Enterprises said the company will invest in Uttamchandani family-promoted Syska LED, which will help the fast-moving electrical goods company in its next phase of growth

'Into the limelight': Koo, India's answer to Twitter, goes past 10 mn users. The app, which lets users send tweet-like posts in English and seven Indian languages, has seen about 85% of users join since February, when Twitter's disputes with the Modi administration escalated

Maruti Suzuki to hike prices across models from Sept as input costs rise. The country's largest carmaker Maruti Suzuki India on Monday said it will hike prices across models from next month amid rising input costs.

India power-sector financier REC plans first loan using Libor heir. The financier's choice of a SOFR-linked loan is part of a global push by policy makers to develop new benchmarks to replace Libor by the end of 2021

Payment firm PhonePe receives broking licence from insurance regulator. The broking license will allow it to start offering personalised product recommendations to its more than 300 mn users, and offer a much more diverse portfolio of insurance products for consumers

Govt extends tenure of Bank of India executive director Rajagopal by 2 yrs. State-run Bank of India on Monday said the government has extended the term of its executive director P R Rajagopal by two years. The central government vide notification No. dated 26 August 2021 extended the term of office of P R Rajagopal, Executive Dire

Axis Bank begins issuing debt securities under Rs 35,000 cr-debt raise plan. Axis Bank on Monday said it has started issuing debt securities under its Rs 35,000 crore-debt raise plan announced earlier this year

Ola picks banks for billion IPO, may file papers in Oct: Report. The Bangalore-based startup could seek a valuation of more than billion in the IPO and could lodge a filing as soon as October, people familiar with the matter said

NTPC gears up to meet rising power demand; generation up 23%. State-run power giant NTPC on Monday said that it has geared up to meet rising power demand and recorded electricity generation growth of 23 per cent over the previous year. The country is witnessing a sharp increase in power demand and NTPC is making all

HSBC Asia appoints ex-SBI chief Rajnish Kumar as an independent director. Rajnish Kumar retired in October 2020 after a 40-year career at SBI

Shopee dips toe in India e-commerce market with seller recruitment campaign. "Shopee is coming to India!" announces a video posted earlier in August that promises free shipping and no commission fees for sellers and buyers.

Indian auto parts makers' shares gain on report of talks with Tesla. Shares of Indian auto parts suppliers rose as much as 14% following a report that Tesla was in talks with at least three companies to source critical parts for its planned entry into the country

Airtel's fundraise to provide ammo for 5G, fortify position: Analysts. Bharti Airtel's fund raising is expected to strengthen its competitive positioning in the market and provide the telco with the necessary ammunition for aggressive 5G rollout, analysts said.

Sportswear D2C brand Elevar raises Rs 19 cr from Kalaari, Dream Capital. The company, a direct-to-consumer sports brand that makes cricket bats, athletic performance footwear, will utilise funds towards expanding its product portfolio, increasing its marketing efforts

Latest stock market News for tomorrow Access previous news reports: 1070107110721073107410751076107710781079108010811082108310841085108610871088

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NSE share market NEWS tomorrow (01 September, 2021). NSE stocks in NEWS (tomorrow)

 

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