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NSE share market NEWS tomorrow (30 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (30 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 30 August 2021

Indian Energy was amongst the top gainers, currently trading at 480.05 in NSE with 4.63 times change in volumes and 10.649% change in price. Other gainers included Bse with 8.95% price change and 4.961 times volumes, Sona Blw with 8.108% price change and 4.286 times volumes, Max Healthcare with 7.729% price change and 2.344 times volumes, and Polycab India with 7.337% price change and 5.19 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.

Fortis Healthcare was amongst the top losers, currently trading at 285.70 in NSE with 0.91 times change in volumes and -2.988% change in price. Other losers included Tech Mahindra with -1.813% price change and 0.885 times volumes, Abb Power with -1.706% price change and 0.507 times volumes, Indian Bank with -1.54% price change and 2.722 times volumes, and Laurus Labs with -1.427% price change and 1.764 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.

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

SSWL inks pact with Tata Steel Long Products to supply round bars. Auto components maker Steel Strips Wheels Limited has signed a pact with Tata Steel Long Products to supply round bars of various grades

Won't shy away from raising tariffs: Bharti Airtel's Sunil Mittal. 'We hope that the spectrum pricing auction will be made attractive,' says Bharti chairman

For every Rs 100 earned, Rs 35 goes to govt: Sunil Mittal on telecom woes. Airtel's Rs 21,000 crore fund-raising plans will give the firm the fuel to shift to a higher gear and tap large opportunities, its Chairman Sunil Mittal said on Monday.

D2C sports brand Elevar raises funding from Kalaari, Dream Sports. The company will utilise the funds towards expanding its product portfolio, increasing its marketing efforts, and building out its team.

Aluminium industry staring at 3-5 day coal inventory amid CIL's supply cut. The aluminium industry CPPs signs FSA with Coal India and its subsidiaries for assured long term coal supply.

Budget carrier Go Airlines gets Sebi's go-ahead for Rs 3,600 crore IPO. Budget carrier Go Airlines, which has rebranded itself as 'Go First', has received market regulator Sebi's go-ahead for an initial public offer worth Rs 3,600 crore.

Carlyle preferred bidder for Baring PE's Hexaware in bn deal: Report. Hexaware provides automation, cloud and customer services-related technology to a wide range of industries including finance, education, hospitality and manufacturing.

Amazon asks Sebi to comply with SC order related to .4-bn Future-RIL deal. In January this year, the market regulator had given a go-ahead for Future Group's scheme of arrangement and sale of assets to Reliance

Airtel rights entitlement price could be Rs 60-70 per share: Analysts. Airtel on Sunday announced a fund raise of Rs 21,000 crore by way of rights issue

CavinKare announces business restructuring, ropes in Gen Next. CavinKare indicated that the business will be split into mainly four different streams - FMCG, ecommerce, retail and research and development.

NTPC ups coal output, seeks to boost stocks to meet electricity demand. NTPC Ltd is ramping up coal output from its mines and importing 270,000 tonnes of the fossil fuel under existing contracts, as it seeks to boost stocks at its plants and meet rising electricity demand

Failure of Ludhiana LED project will dissuade private participants: Tata. Tata Projects Limited said on Monday that the failure of the LED project in Ludhiana will dissuade private participants in future public-private partnership (PPP) projects

Top headlines: Ola selects banks for IPO; PhonePe now an insurance broker. Business Standard brings you the top stories this evening

NSE co-location case: Sebi slaps Rs 6 lakh fine on Parwati Capital Market. Capital markets watchdog Sebi on Monday imposed a penalty of Rs 6 lakh on Parwati Capital Market Pvt Ltd in the NSE co-location case

Eye on India's IPO map: MapMyIndia plans to go public, raise Rs 1,200 crore. India's first home-grown mapping company is looking to list in the public market at a Rs 6,000-crore valuation

PayU aims to provide full-stack financial services to its customers. So far, the company has disbursed about 0 million in credit and it now wants to add new products

PM Narendra Modi hails India's start-up culture on 'Mann ki Baat'. PM Modi asserted that it is a sign of India's bright future

Air India asks US court to dismiss Cairn petition, says it is premature. Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to enforce USD 1.2 billion arbitral awards against the Indian government

Motherson eyes acquisitions as pandemic presents attractive opportunities. Auto components major Motherson Sumi Systems Ltd (MSSL) is gearing up to bring in more entities under its fold with many companies looking for partners or acquirers due to challenging biz environment

RCF, NFL share sale by December, govt to get Rs 1,200 crore. The government is likely to sell shares in two fertiliser companies -- RCF and NFL -- by December-end to garner over Rs 1,200 crore, an official said. The offer for sale (OFS) would be for 10 per cent of government stake in Rashtriya Chemicals & Fertilizer

Adani Electricity to roll out 700,000 smart meters for Mumbai customers. Based on AEML's submissions, for the first time the Maharashtra Electricity Regulatory Commission (MERC) reduced consumer tariff by an average 18 per cent effective April 1, 2020.

Tata Steel to invest Rs 8K cr in capex on India ops in FY22: CEO Narendran. Domestic steel giant Tata Steel will invest Rs 8,000 crore in capital expenditure on its India operations during the current financial year, the company's CEO and Managing Director T V Narendran said

IDFC First Bank aims retail loan book growth of 25% on long-term basis. IDFC First Bank reported a net profit of Rs 452 crore in 2020-21. There was a net loss of Rs 2,864 crore in FY20.

Dr Reddy's Laboratories, Zydus Pharma recall products in US market. Dr Reddy's Laboratories, Inc, the US arm of Dr Reddy's Laboratories, is recalling 37,560 bottles of Tizanidine HCl tablets, USP 4 mg

Airtel board approves up to Rs 21,000 crore rights issue: filing. The rights entitlement ratio entails 1 equity share for every 14 equity shares held by eligible shareholders as on the record date

Lupin, Glenmark shift focus to inhalation and nasal Covid-19 drugs. Lupin working on remdesivir powder inhaler; Glenmark to do trials on Nitric Oxide Nasal Spray

Phillips Carbon Black lines up Rs 1,300-1,400 crore capex by FY23. RP-Sanjiv Goenka Group firm Phillips Carbon Black Ltd (PCBL) to pump about Rs 1,300-1,400 crore over the next two years on capacity expansion, a top company official said. The expansion lined up is one Rs 800 crore greenfield plant near Chennai and brownfi

KEC International to double civil business revenue to Rs 2,000 cr in FY22. With strong revenue visibility in the civil segment, the company has also been investing Rs 70-80 crore since last year as capex.

Aakash transforming into hybrid edtech firm after Byju's bn acquisition. Aakash Educational Services will launch 106 new centres across the country in the next 5 months including reaching Tier-3 and Tier-4 cities and towns.

Bharti Airtel board approves Rs 21,000 crore rights issue. Fund raising mainly to make payments towards AGR-related liabilities

IndiGo board appoints Director Gregg Saretsky as Special Advisor. The Board of Directors of IndiGo on Sunday announced the appointment of Gregg Saretsky, Member of the Board, to the position of Special Advisor with immediate effect

Anjali Bansal named president of Bombay Chambers of Commerce. Bansal will take over from Sudhir Kapadia

Before IBC implementation, there used to be feudalism: CEA Subramanian. Chief Economic Advisor Krishnamurthy Subramanian on Friday said that before the Insolvency and Bankruptcy Code (IBC) was implemented, there used to be feudalism.

Airtel may soon get 'several thousands of crores' investment from Google. Bharti Airtel might soon get an investment from Google which could run into several thousands of crores, as per media reports.

Freshworks files documents for listing in US; looking to raise 0 mn. Founder thanks Superstar Rajnikanth for being an inspiration

Future Retail moves SC against HC order on Rs 24,713-cr deal with Reliance. The magnitude of damage that may be caused to the public at large is 'unimaginable' as livelihoods of more than 35,575 employees may be lost, says FRL

Google Pay to allow users to open fixed deposits on its platform. American tech giant Google has recently partnered with fintech startup Setu to let users open fixed deposits (FDs) through the digital wallet platform Google Pay

Tata Steel to invest Rs 3,000 cr in Jharkhand in next 3 yrs to inc capacity. Domestic steel giant Tata Steel on Saturday expressed commitment to invest Rs 3,000 crore in Jharkhand in the next three years to augment capacities. The commitment was made at the launch of Jharkhand Industrial and Investment Promotion Policy (JIIPP) 2021

Vedanta board to consider first interim dividend for FY22 next week. Vedanta Ltd on Saturday said its board will meet next week to consider and approve the first interim dividend for 2021-22. "...the board of directors of the company (the Board) on Wednesday, September 1, 2021, will consider and approve the first interim di

SAIL to invest Rs 4k cr in Jharkhand over 3 yrs, raise Gua mines capacity. SAIL on Saturday expressed commitment to invest Rs 4,000 crore in the next three years in Jharkhand to augment capacity of its Gua mines besides installing a 4-million-tonne (MT) pallet plant.

Future Retail moves SC to stay HC order, says if not liquidation inevitable. Future Retail said it has approached the Supreme Court against orders passed by the Delhi High Court to maintain the status quo in relation to its Rs 24,713 crore deal with Reliance Retail

Coal India arm NCL dispatches 387k tonnes of highest-ever coal in one day. Coal India arm Northern Coalfields Ltd dispatched the highest ever coal in a single day on August 27

Mahindra Defence Systems bags Indian Navy contract worth Rs 1,349.95 crore. Mahindra & Mahindra Ltd on Friday said group firm, Mahindra Defence Systems Limited (MDS) has bagged a contract worth Rs 1,349.95 crore for manufacturing of Integrated Anti-Submarine Warfare Defence Suite (IADS) for modern warships of Indian Navy from the

Tata Motors extend sponsorship of Indian wrestling till Paris Olympics. The Wrestling Federation (WFI) of India and Tata Motors have strengthened their long-term partnership further with the announcement of the 'Quest for Gold at Paris Olympics 2024'

Online debt arranging platform CredAvenue to double headcount by March 2022. CredAvenue, the online debt arranging platform from Vivriti Capital, plans to double its headcount to 700 by March 2022 to drive its accelerated growth plans

Berger Paints eyes Rs 10,000 crore turnover in three years. Berger is also growing its international presence, major contributor to the growth would be the India market and drivers would be the decorative, protective, construction chemicals segments

NeST Group launches digital service, plans to create 1,000 jobs. The NeST group of companies on Friday announced the launch of NeST Digital, its formal re-entry into the digital engineering services sector, and said it will create 1000 jobs

Over 17,800 cases disposed of at pre-admission stage under IBC: Official. The IBC, which came into force in 2016, provides for a market-linked and time-bound resolution of stressed assets.

ACMA appoints Sona Comstar Chairman Sunjay J Kapur as President. Auto components industry body ACMA on Friday said it has appointed Sona Comstar Chairman Sunjay J Kapur as its new President for a two-year term

NFRA flags serious lapses in statutory audit of JAL in 2017-18. Audit regulator NFRA on Friday flagged serious lapses in the statutory audit of Jaiprakash Associates Ltd (JAL) for 2017-18, including that transactions violative of accounting and auditing standards would have resulted in more than Rs 3,200 crore loss ins

Moody's assigns Ba3 rating to Adani Green Energy's USD senior secured notes. Outlook is stable. AGEL will primarily use the proceeds to on-lend to its direct and indirect subsidiaries so they can fund the development of utility-scale renewable power projects

Ind-Ra upgrades JSW Cement's long-term issuer rating to 'IND A+'. The upgrade reflects the significant improvement in JSWCL's business profile, owing to strengthening of market position and operating performance, as well as the financial profile over the near term.

Debt reduced significantly, working on bringing firm back on track: CDEL. Coffee Day Enterprises Ltd (CDEL) said it has reduced debt "significantly" and the management is putting its best efforts to get back the company on track

Nazara Technologies acquires OpenPlay for Rs 186.4 crore. Nazara Technologies on Friday said it has acquired Hyderabad-based OpenPlay for Rs 186.41 crore

Industry body Nasscom seeks govt help for super innovation units. Of the 500-600 companies present in the Indian ER&D space, 45-50% are engineering service providers, and 55-60% are MNCs and global contact centres

.2-bn arbitral award: US court sets timelines for Cairn-India lawsuit. A federal court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy

Apple settlement lets app makers advertise outside payments. The settlement will include 0 million worth of payments to app makers ranging from 0 to ,000 per developer

Brickwork downgrades Voda Idea's debentures to 'B' over fundraising delay. The downgrade reflects a substantial decline in the company's subscriber base. It lost 12.40 million subscribers during Q1FY22

indiagold to raise mn in funding round led by PayU, AWI Fund. Launched in 2020, indiagold offers gold-backed loans, gold savings, and gold locker services to over a million consumers in India

Aurobindo Pharma gets USFDA nod for cancer treatment injection. Drug firm Aurobindo Pharma on Friday said its arm Eugia Pharma Specialities has received approval from the US health regulator for Cyclophosphamide injection, used in the treatment of several types of cancer. The company's subsidiary "Eugia Pharma Speciali

Ind-Ra affirms Yes Bank long-term issuer rating at 'BBB'; outlook is stable. Rating reflects improving deposit profile, adequate capital levels to withstand stress on books

IndianOil to build India's first green hydrogen plant at Mathura Refinery. The firm is in the process of setting up one-tonne-per-day pilot plants based on four innovative hydrogen production technologies

Moody's assigns Ba3 rating to Adani Green Energy's proposed USD notes. Moody's Investors Service has assigned a Ba3 rating to Adani Green Energy's proposed USD senior secured notes.

IOC to invest Rs 1 trillion to expand refining capacity: Chairman. To raise its refining capacity by almost a third in the next 4-5 years

Grasim Industries to invest Rs 2,600 crore in capex in FY22. Company to invest Rs 5,000 cr in paint business over three years

Marico aims for 15% revenue growth, 10% volume growth in medium term. Its online men's grooming brand Beardo, which Marico acquired last year, is now fully integrated and may touch total sales of about Rs 100 crore in 2021-22.

Processing about 1.5 bn transactions a month: PhonePe CEO Sameer Nigam. Nigam said that the fintech firm is aiming to reach 900 million people in the next 8-10 years

India allows Boeing 737 MAX aircraft to fly 30 months after global ban. SpiceJet plans to bring the aircraft back in service by Sep-end

SpiceJet doubles frequency of cargo flights to China. Air freight charges have gone up too and shippers are exploring trucking of export goods from Shanghai to alternate airports in China for onward carriage.

NCLAT admits McLeod promoter appeal, to decide on constitution of CoC. On August 6, the National Company Law Tribunal (NCLT) had admitted an application filed by Techno for initiating corporate insolvency resolution process (CIRP) against McLeod.

SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22. Steel Authority of India Ltd is aiming at reducing its net debt to a range of Rs 15,000-20,000 crore in the current fiscal if the prices and demand for the commodity remain stable

Resignation ends legal relation with pilots: Air India tells Delhi HC. Air India Thursday told the Delhi HC that once a pilot tenders resignation, the legal relationship of an employer-employee comes to an end with it and the resignation cannot be withdrawn subsequently

BSNL union to hold demonstration against monetisation of telecom assets. BSNL's employees union on Thursday opposed the government's plan to monetise optical fibre laid under the BharatNet project as well as 14,917 mobile towers owned by it and sister concern MTNL

Samsung expands presence in global NAND flash market in Q2: Report. Samsung Electronics expanded its lead in the global NAND flash market in the second quarter of the year, a report showed on Thursday, on the back of strong chip demand and price hikes

Afcons bags largest-ever infrastructure project in Maldives. It involves constructing the Male to Thilafushi Link project, popularly called Greater Male' Connectivity Project (GMCP) over 32 months.

IndiGo to start 8 new domestic flights in first week of September. IndiGo on Thursday said it will start eight new domestic flights during the first week of September, connecting cities including Dehradun, Indore and Lucknow. "IndiGo will operate new flights between Delhi-Lucknow, Lucknow-Jaipur, and Indore-Lucknow effect

11,000 offline stores in Maharashtra are now part of Amazon's 'Local Shops'. With the upcoming festive season, the e-commerce firm said it is focused on helping 'Local Shops' grow their business and recover from the economic disruption caused by the pandemic

ONGC's second oil rig to be operational at Kalol by mid-September. The Oil and Natural Gas Corporation (ONGC) will have it's second oil rig operational within twenty days, according to the company

Megha Engineering hands over indigenously built oil rigs to ONGC. This is part of a Rs 6,000 crore tender bagged by MEIL in 2019 to supply 47 rigs to ONGC

ED seizes funds worth Rs 107 Cr of Chinese loan app firm for FEMA violation. ED said it has seized funds worth about Rs 107 cr of a Chinese-controlled NBFC, engaged in dishing out instant personal loans over an internet-based app, for alleged violation of foreign exchange law

CSR spending not source of financing resource gaps in govt schemes: MCA. Corporate Social Responsibility spending under the companies law should not be interpreted as a source of financing the resource gaps in government schemes, the Ministry of Corporate Affairs has said as it issued a detailed set of FAQs for the effective im

SAIL aims to bring down borrowings to Rs 20,000 crore. During FY21, net debt had decreased by Rs 16,131 crore to Rs 35,350 crore

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