NSE share market NEWS tomorrow (25 August, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 August 2021
Pg Electroplast was amongst the top gainers, currently trading at 355.50 in NSE with 0.709 times change in volumes and 9.994% change in price. Other gainers included Hindustan Aeronautics with 7.608% price change and 4.303 times volumes, Abb Power with 5.933% price change and 2.371 times volumes, Sona Blw with 4.943% price change and 1.646 times volumes, and Indian Bank with 4.843% price change and 1.303 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.
Havells India was amongst the top losers, currently trading at 1204.25 in NSE with 1.648 times change in volumes and -4.855% change in price. Other losers included Bajaj Finserv with -3.385% price change and 0.765 times volumes, Canara Bank with -2.987% price change and 3.955 times volumes, Titan Company with -2.511% price change and 1.275 times volumes, and Dlf with -2.506% price change and 1.334 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.
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, chÂolera, influenza, mumps, sypÂhillis, 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
Fintech startup Khatabook's valuation tops 0 mn after raising 0 mn. The firm is also buying back ESOPs worth mn to acknowledge and reward employees, ex-employees, and early investors
Moody's upgrades Vedanta's senior unsecured notes; outlook 'stable'. Moody's Investors Service has said it has upgraded Vedanta's senior unsecured notes to 'B3' from 'Caa1'.
'Corporates CSR spends up 3% in FY21, PM-CARES not favourite in 2nd wave'. Corporates contributed only Rs 85 crore to the PM-CARES Fund during the second wave between March-June 2021, as against Rs 831 crore to what was classified as 'others'
Maruti chairman urges India Inc's managements to cut expenditure amid Covid. In the wake of the pandemic, building internal resources has to become a priority of industry and companies. It requires companies to have a more frugal style of management, says R C Bhargava
Samsung to invest 6 billion by 2023 for post-pandemic growth. Samsung Electronics, the world's largest memory chip maker, said the group plans to solidify technology and market leadership through mergers and acquisitions
Credit in 2 minutes for 1.5 mn kiranas under Flipkart Wholesale's new plan. The digital B2B marketplace has announced the launch of industry-first credit programmes that aim to help kiranas manage their working capital and grow their business
ReNew Power seals merger with RMG II, shares trade on Nasdaq from Tuesday. Overseas companies use merger route to list on Nasdaq as it grants them access to American capital which would otherwise be limited to firms incorporated in the US
SC provides temporary relief to Airtel over Videocon's AGR dues. SC directs DoT that it shall not invoke Airtel's Bank Guarantees for 3 weeks
More Group to pump in Rs 370 crore in retail foray by FY23. The company has 75 retail shops in several states in the country and is planning to add another 100 within the next fiscal and of them 10 will come up by March next year.
Amid 6-mn target, Indian pharma exporters stare at Afghan uncertainty. As uncertainty looms large in Afghanistan, Indian pharma exporters are apprehensive to send goods to the war-torn country
CCI slaps fine of Rs 200 crore on Maruti Suzuki over dealer discount policy. During the probe, Maruti - which has more than 50 per cent share of India's car market - told the regulator that it imposed no such policy and that the dealers were free to offer any discounts
Hindalco Industries earmarks capex growth of .5- billion over 5 years. Part of the capex will be deployed towards Novelis' business regions in auto-finishing lines expansion in the US and China
Eicher Motors re-appoints Enfield's turnaround man Siddhartha Lal as MD. The company said the primary concern of the investors was not Lal's reappointment or the proposed compensation
Indian Hotels to raise Rs 3,000 cr via rights issue for capex, pruning debt. Tata Group's hospitality arm has been using rights issues for fund raising regularly. It raised Rs 1,500 cr in April 2017, Rs 1,000 cr in January 2016 and Rs 844 crore in Feb 2008
Maruti Suzuki to take 'appropriate action under law' on CCI penalty. Maruti Suzuki India Ltd said it is examining and will "take appropriate actions under law" with regards to an order by CCI
Work on non-Covid vaccines gives pharma firms an injection of hope. Approach drug regulator, seeking permission to conduct clinical trials
Unicommerce to increase workforce by 60%, hire over 150 people in FY22. Unicommerce, an e-commerce focused SaaS (software as a service) platform, on Monday said it plans to increase its workforce by 60 per cent, onboarding over 150 people during the current fiscal year
Vedanta makes natural gas discovery in Gujarat block won in OALP round. Billionaire Anil Agarwal's Vedanta on Monday said it has made a natural gas discovery in a block in Gujarat that it had won in the open acreage licensing policy (OALP) round
ACME Group to set up green ammonia, green hydrogen facility in Oman. ACME Group on Monday said it has signed a land agreement to set up a .5 billion green ammonia project at Special Economic Zone at the Port of Duqm in Oman.
Sebi puts Gemini Edibles & Fats India's Rs 2,500-crore IPO in 'abeyance'. Without disclosing the reason, Sebi said "issuance of observations kept in abeyance" with regard to the IPO of Gemini Edibles & Fats India according to an update on the Sebi's website as of August 20
Cement maker Nuvoco Vistas lists at a steep discount to issue price. Post listing, the company commands a market capitalisation of Rs 18,975 crore
Paytm, HDFC Bank tie up to develop payment products for new online ventures. While HDFC Bank will drive merchant partnerships to whom Paytm will offer its existing Android PoS devices, the two will also jointly launch a co-branded retail PoS product
Manufacturing startup Zetwerk eyes global expansion, raises 0 mn. The firm aims to grow its revenue by four times in 2021-22, based on a strong order book of Rs 5000 crore
ChrysCapital, True North Managers and others invest 0 mn in QuEST Global. The existing investors - Bain Capital, Advent, and GIC, continue to remain invested. O3 Capital acted as the sole financial advisor to the transaction
I Squared Capital invests 0 mn in Singapore-based AG&P City Gas. AG&P City Gas is developing twelve city gas distribution networks in India
Zydus Cadila gets USFDA nod for arthritis drug with 180-days exclusivity. Drug firm Zydus Cadila said it has received final approval from the US health regulator to market Tofacitinib extended-release tablets, used to treat rheumatoid arthritis, in the American market
Delhi court gives police three weeks to conclude Paytm ownership probe. Ashok Kumar Saxena, 71, said in legal documents that he had invested ,500 in Paytm parent One97 Communications two decades ago, but was never allotted any stock
Jio adds 5.5 mn users in June; Vodafone Idea sheds 4.3 mn customers. Overall telephone subscribers in India rose from 1,198.5 million at the end of May 2021 to 1,202.57 million the following month, up 0.34%
16 merchant banks in fray for lead managers to LIC IPO, govt may choose 10. The entities will have to make a presentation to DIPAM on August 24-25
HCL Tech, Munich Re in pact to digitalise workplace services in 40 nations. Financial details of deal not disclosed; HCL will modernise and standardise workplace services for more than 16,000 Munich Re employees
CCI imposes Rs 200 cr penalty on Maruti Suzuki over dealer discount policy. CCI has asked Maruti to 'cease and desist' from indulging in such practices and asked the company to deposit the fine within 60 days
Portea Medical elevates Meena Ganesh as chairperson; Vaibhav Tewari is CEO. The new appointments have been made to further synergise and streamline Portea's operations in the new normal, and activate the 2023 growth strategy of the organisation
NAA agrees to withdraw name of Subway Systems in order against franchisee. This may set a precedent wherever franchisers are named as respondents in a case against franchisees
Pfizer to acquire cancer drugmaker Trillium Therapeutics for .3 bn. Pfizer will pay .50 a share for Cambridge, Massachusetts-based Trillium, the companies said Monday in a statement.
Eicher Motors re-appoints Siddhartha Lal as managing director. Board clarified that remuneration increase for MD is in line with average employee hike of 9.7%, revising pay structure for the post, with a maximum cap of 1.5 per cent of profits
IT services major Capgemini is driving more value from India unit. For Ashwin Yardi, CEO India, Capgemini, the focus is to make sure that the India unit is aligned with global plans of repositioning company as a hub of engineering R&D, operational technology, and IT
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