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NSE share market NEWS tomorrow (26 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 August 2021

Abb Power was amongst the top gainers, currently trading at 2159.40 in NSE with 6.156 times change in volumes and 10.19% change in price. Other gainers included Dixon Techno with 5.668% price change and 1.703 times volumes, Apl Apollo with 4.509% price change and 0.95 times volumes, Syngene Internatio with 3.91% price change and 4.438 times volumes, and Cholamandalam Investment with 3.875% price change and 3.43 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.

Inox Wind was amongst the top losers, currently trading at 104.20 in NSE with 4.398 times change in volumes and -8.153% change in price. Other losers included Idea Cellular with -6.349% price change and 2.135 times volumes, Nmdc with -4.928% price change and 3.65 times volumes, Bharti Airtel with -4.172% price change and 3.238 times volumes, and Steel Authority with -3.435% price change and 1.759 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.

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

MIAL raises Rs 7,200 cr via NCDs and foreign loans, refinances debt. The capital raise happened last month and around Rs 6,500 crore of loans owned to domestic lenders were repaid

Infosys Public Services bags contract from Manitoba Public Insurance. Infosys Public Services Inc (IPS), a subsidiary of Infosys, on Thursday said it has been awarded a contract by Manitoba Public Insurance (MPI)

Latest FDI rules force Yahoo to shut down news websites in India. Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India

Former Sony India CEO bets on OTT, forms JV with Screenhits TV. ScreenHits TV tapped the former studio executives and founders of India's Vial Content Tech to oversee its expansion in the country

Pharma industry to surpass bn by FY24 from bn in FY21: Report. The pandemic push will lead to an 11 per cent annual growth for the pharma sector over the next two years and help it surpass USD 60 billion from around USD 45 billion in FY21, according to a report.

It's important how you treat your co-workers: HCL co-founder Arjun Malhotra. To become a successful entrepreneur, it is important how one treats their co-workers, HCL co-founder Arjun Malhotra told Delhi government school students on Thursday.

Meity Startup Hub, Paytm to launch programme to support deep-tech startups. Paytm has signed an agreement with IT ministry's startup hub to scale deep-tech startups by providing access to platform, knowledge series, experts, resources, and larger community of stakeholders.

Mukesh Ambani is going green but it's oil that fuels Reliance's bottomline. Businessman touts the shift to less polluting options, but crude's byproducts will remain one of the biggest drivers of his billion fortune.

Govt launches SAMRIDH scheme to help startups in their initial phase. SAMRIDH will create a conducive platform for Indian software product startups to enhance their products and secure investments for scaling their business

Lenovo expands local manufacturing capacity to meet rising customer demand. Total revenue for all Lenovo Group businesses in India was approximately 2 million for the quarter ended June 30, 2021

Tripling India sourcing to bn a year by 2027: Walmart Int'l CEO. Judith McKenna said the Covid-19 pandemic highlighted the importance of Walmart's flexible, agile and diversified global supply chain

Nayara Energy achieves financial closure for petrochemicals expansion. Ties up Rs 4,016 crore term loan from SBI-led consortium

Former Unitech promoters were operating from Tihar jail: ED tells SC. Sanjay and Ajay Chandra deputed staff outside Tihar jail premises to communicate with outside world and dispose of properties, ED tells SC

Google-backed Dunzo scales revenue 1.6x in FY21, reduces losses by 43%. In the coming weeks and leading up to 2022, Dunzo will be deploying over 300 micro fulfillment centres across 700 neighborhoods in the country, facilitating deliveries in under 19 mins

SpiceJet expects to restart Boeing MAX service by September-end. Around 175 countries have allowed the 737 MAX to return to service following a nearly two-year safety ban, with 30 airlines already restarting their MAX aircraft services.

Global oil majors may be joining race to acquire BPCL: Report. Industry sources said it was possible that one of the global oil majors or a Middle East oil producer may be teaming up with the investment funds already in race

Manipal Hospitals launches Radixact System for precise cancer treatment. The technology minimises damage to healthy tissue by delivering high-precision radiation to tumour region which moves with respiration

Most valued edtech firm Byju's starts two-teacher model to improve learning. Under this model, one teacher uses strong visuals and storytelling to explain topics in-depth, the other solves instant doubts, pays individual attention and makes sessions more engaging

Airbnb, SEWA extend partnership for rural women hosts in Ladakh. Airbnb will train SEWA members on home sharing, hospitality, quality standards and responsible hosting practices under the 'Hum Sab Ek' (We are One) initiative

Flipkart strengthens its supply chain network ahead of the festive season. The new facilities would create more employment opportunities while enabling faster deliveries for consumers.

Airtel board to meet on August 29 to consider fundraising options. Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options, including equity and debt.

FMCG firm Procter & Gamble Q4 net profit down 29% to Rs 49 crore. FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 per cent decline in its net profit at Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had posted a net profit of Rs

BrahMos Aerospace seeks 200-acre land in Lucknow. About 500 engineers and technical people will get direct employment in the BrahMos Production Centre which will be built by investing Rs 300 crore

Google ramps up its India commitment for a safer internet for everyone. The tech giant has increased resources in India to respond to online threats, launched an updated Google Safety Centre in Indian languages, and is introducing global kids safety programme here

AirAsia India loss rises 95% to Rs 1,533 cr in FY21; Vistara's loss narrows. Air travel in FY 2021 was marred by Covid-19 pandemic which led to two-month suspension of flights, grounding of fleet and losses.

Govt to launch special incentive scheme to support 75 start-ups. The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence

Future Retail appoints Sadashiv Nayak as CEO effective August 25. Future Retail Ltd (FRL) said Sadashiv Nayak has been appointed as its chief executive officer with effect from Wednesday.

2am VC plans to invest mn in over 50 Indian startups by 2022-end. US-based venture capital firm 2am VC on Wednesday announced plans to invest USD 10 million in more than 50 Indian startups by the end of next year. 2am VC has already made 10 investments in the first four months of this financial year. It has also made com

NCLAT agrees to hear Jet staff's plea against Kalrock-Jalan resolution plan. NCLAT issues notice, seeks response on concerns raised by Jet Airways employees

Accenture continues to work with NGO partners towards Covid relief efforts. Accenture on Wednesday said it is supporting over 5,000 beds with more than 30 oxygen plants and other critical care equipment

Molbio Diagnostics developing more tests for Truenat platform. Molbio is preparing test kits for zika, cholera, nipah, sickle cell anaemia, ch­olera, influenza, mumps, syp­hillis, yellow fever, HIV2 etc

Aviation ministry signs MoU with Adani group for providing airport services. The Civil Aviation Ministry on Wednesday signed a memorandum of understanding (MoU) with the Adani group for providing services, including customs, immigration and security

Jindal Steel plans .4-billion spend in six years, double output. The steelmaker plans to raise total crude steel capacity to 15.9 million tons by March 2025 from 8.6 million tons, the New Delhi-based company said in an investor presentation on Tuesday

166 current and former employees of Paytm convert ESOPs to shares. IPO-bound Paytm has one of the largest ESOP pools in the startup ecosystem, and has given out ESOPs as rewards and benefits to employees, who have contributed to the growth of the company

Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies. Britannia, Bombay Burmah's annual reports say businessman did not offer himself for reappointment to the board.

IsGingOnline raises Rs 1.5 cr in pre-Series A led by Artha Venture Fund. Unicorn India Ventures, SEA Fund, and Brookfield Asset Management's former Managing Partner Devdatt Shah, also participated in the round

India among most exciting markets, to grow to trn by 2025: Walmart CEO. The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to CEO Doug McMillon

Star Air announces its first-ever flight service between two metro cities. Passengers can now fly between Hyderabad and Bengaluru on Star Air's Embraer Jet from 26th August, 2021 and have a private jet-like experience

India has its own rules, we must comply with them: Walmart CEO McMillon. Says Flipkart business has now reached over 300,000 marketplace sellers and PhonePe business has more than 300 million users

Delhivery acquires Spoton, aims to lead B2B logistics market in India. Delhivery said it has acquired Bengaluru-based Spoton Logistics for an undisclosed sum, a move that will further strengthen its existing B2B capabilities

D2C fashion firm Bewakoof raises Rs 60 cr in pre Series-B funding. Round was led by InvestCorp with participation from IvyCap Ventures and Spring Marketing Capital; with this the firm has so far raised Rs 170 cr

Indian Oil Corp to deploy drones to check fuel thefts from pipelines. Indian Oil Corp (IOC) is deploying drones to monitor its vast network of pipelines across the country as it doubles down on the use of technology to thwart attempts to steal fuel

VC firm Prime announces 4th fund of 0 mn with first close of mn. The firm also expects to focus on new areas such as decentralised finance (DeFi)/crypto, electric vehicle and gaming infrastructure platforms

Words alone won't help auto industry; concrete actions needed: RC Bhargava. A lot of statements were made by government officials supporting the automobile industry, but when it comes to taking actual steps nothing has really happened, Maruti Suzuki India Chairman said

Sequoia-backed beer maker Bira 91 plans fifth brewery before IPO. The new brewery in Madhya Pradesh -- Bira's second in the central Indian state -- will initially add 400,000 hectoliters a year, Ankur Jain, the 41-year-old chief executive officer said

Supply chain firm Delhivery acquires Spoton Logistics for unknown sum. Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal

SoftBank-backed logistics firm Delhivery plans bn IPO filing in October. The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter

New India on hiring drive, uncertainty continues for other 3 non-life PSUs. Even as The New India Assurance Company Ltd is on a massive recruitment drive, suspense continues in the case of the remaining three government owned non-life insurers, said industry officials.

Govt launches schemes to support 300 start-ups for creating 100 unicorns. The government on Wednesday launched a programme to support 300 IT start-ups under which it will provide seed funding, mentorship and market access with a view to creating 100 unicorns out of the selected start-ups. Ministry of Electronics and IT special s

Bharti Airtel board to meet on August 29 to mull capital raising options. Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options.

Agritech robotics startup TartanSense raises mn in Series-A funding. TartanSense builds small agricultural robots, equipped with AI-assisted computer vision, to help small farms prune expenses and improve incomes

Xiaomi revenue surges record 64% as global phone sales rise. Net income reached 6.32 billion yuan, up 87.4% year on year and above analyst expectations.

Govt launches SAMRIDH Scheme to help startups in the early stage. The SAMRIDH initiative will not only provide funding to startups, but will also help in bringing skill sets together which will help them become successful

Govt may permit foreign direct investment in LIC ahead of mega IPO. Allowing foreign investors to invest in LIC would aid its listing, expected to be the largest initial public offering in India

BharaPe enters P2P lending with '12% club', taps NBFCs to sell product. The '12% club' will allow consumers to not only earn up to 12% interest on the funds they invest but also borrow at an interest rate of 12%

Expecting good traction for laptops during festive season: Realme. Realme expects to see good traction for its laptops - a new category for the smartphone maker - during the upcoming festive season in the country, a top company executive said

Power Finance Corp inks pact with NHPC to finance hydro projects. State-owned Power Finance Corporation Ltd (PFC) on Tuesday said it has signed a pact with NHPC Ltd to lend funds for the development of hydro projects.

Top headlines: Kerala's Covid TPR crosses 18%; SC grants relief to Airtel. Business Standard brings you the top stories this evening

Nangia & Co LLP becomes CERT-IN empanelled, can conduct govt's audit. Nangia & Co LLP on Tuesday said it has been empanelled by the Indian Computer Emergency Response Team (CERT-IN), which will enable it to audit and assess government IT infrastructure. The empanelment by CERT-In empowers Nangia & Co LLP to offer its cyberse

India Inc's CSR spends over 1 trillion since mandatory law in FY15: Crisil. Majority of money spent in last three years; In Covid-dominated FY21, the amount is likely to have crossed Rs 22,000 cr

Wipro to hire up to 400 people in Arkansas, invest mn in new centre. IT firm Wipro on Tuesday said it will open a new delivery centre in Sherwood, Arkansas, and expects to hire up to 400 people in the next two years in the US state.

John Abraham, others invest Rs 4 crore in icecream maker NOTO. Actor John Abraham and a clutch of venture capital (VC) funds have invested Rs 4 crore in NOTO, the low-calorie and high-protein icecream brand said on Tuesday

Gillette India logs 35% rise in profit at Rs 310 crore. Gillette India on Tuesday reported a 35 per cent rise in its net profit for the year ended June 30, 2021, at Rs 310 crore.

House of Kieraya raises million in asset financing from TradeCred. House of Kieraya (HoK), known for furniture and lifestyle rental brand Furlenco, on Tuesday said it has raised million from alternative debt platform TradeCred

Fearing conflict, govt agrees to Air India employees' main demands. It has agreed to bear the cost of liquidation loss on account of transfer to EPFO from company-owned trusts, inclusion of employees in the central government health scheme, and encashment of leaves

Spending on big data, analytics to touch billion in 2021: IDC. Indian enterprises are investing in big data analytics to base decisions on real-time data, and spending on such solutions is poised to grow by 11.5 per cent in 2021 to touch USD 2 billion

IBM to set up Software Lab in Ahmedabad: Check details here. Proposed expansion is aligned with IBM's vision to shape future of software development through an open, secure, decentralized architecture that helps clients automate, secure, modernize and predict

Work cohesively to create India's own equity capital: FM to India Inc. Govt exploring insurance bonds as alternative to bank guarantees

Pyxis Holdings acquires majority stake in Godrej Housing, Ensemble Holdings. Godrej Industries on Tuesday said its subsidiary Pyxis Holdings has acquired majority stake in group firms Godrej Housing Finance Ltd (GHFL) and Ensemble Holdings and Finance Ltd (EHFL).

Lockheed Martin gets 9-million contract to maintain C-130J fleet. The arrangement, announced on Tuesday, is called a "Follow On Support-II" (FOS-II) contract

Visa repositions its brand to shed cards entity image. It wants to be known as a payments network and player in the digital payments arena

Check Nidhi firms' antecedents before investing money, says govt. At least 348 entities have failed to meet the criteria to be declared as Nidhi companies

AppsForBharat raises mn in seed fund from Sequoia Capital and BEENEXT. The round also saw participation from WEH Ventures. The funds will primarily be used for product development and hiring tech talent

Smytten raises mn in Series A funding led by Fireside Ventures. With more than 5 million users, Smytten is one of the largest direct-to-consumer sampling platforms in India

Indian firm Optiemus, Taiwan's Wistron sign deal to make mobile devices. The strategic alliance will design and manufacture tablets, laptops, hearables, wearables, telecom products.

E-commerce enablement startup ANS Commerce eyes Rs 500 cr GMV in FY22. With reports suggesting an 88% increase in consumer demand for D2C brands/products, ANS Commerce plans to leverage this surge in demand to act as a catalyst for its business and revenue growth

Breathe Well-being raises .5 mn in Series A round led by Accel. This round saw the exit of angel investors who have received a 30X exit and early employees being rewarded with ESOPs encashment

Flipkart Wholesale rolls out new credit program to support kiranas. Flipkart Wholesale, the digital B2B marketplace of Flipkart, has announced the launch of credit programs which aim to help kiranas manage their working capital requirements and grow their business

Hike raises undisclosed amount, led by Tinder co-founder Justin Mateen. This latest round of funding will be deployed to expand Hike's product strategy along with enabling high-quality hiring across functions

Tata Steel, Mitsui OSK Lines sign MoU to develop eco-friendly shipping line. The move by the country's oldest steel producer reflects its larger sustainability goal and effort to reduce greenhouse gas emissions in supply chain

Khatabook raises 0 mn funding, announces ESOP buyback worth mn. Khatabook on Tuesday said it has raised USD 100 million in funding round, led by Tribe Capital and Moore Strategic Ventures (MSV) that valued the fintech company at close to USD 600 million

IKEA to launch India's first city store in Mumbai's Worli. Swedish home furnishings retailer IKEA on Tuesday said it is going to open its first-ever city store in India at Mumbai, which would be more accessible to its customers in the city

Eldeco Infra, HDFC Capital float platform for low-rise plotted development. Projects will be undertaken by SPV with initial outlay of Rs 150 cr; two projects identified in Panipat and Faridabad with combined saleable area of 1.5 mn sft, potential sales of Rs 500 cr

India considers allowing foreign direct investment in LIC: Report. Any strategic investment would be subject to a cap, though it's unclear at what level that would be set, according to a person familiar with the matter

Infosys extends tech contract with a new minimum 3-year agreement with UCAS. Infosys on Tuesday said it has signed a new minimum three-year contract with UCAS, the admissions service for UK higher education.

Suumaya Industries acquires 51% stake in agritech startup payAgri. Suumaya Industries Ltd on Tuesday said it has acquired 51 per cent stake in agri-tech startup payAgri Innovations to expand its farm business. The company did not disclose the deal value. Suumaya Industries, which is into textile business, has recently ven

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