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NSE share market NEWS tomorrow (24 August, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 August 2021

Pg Electroplast was amongst the top gainers, currently trading at 323.20 in NSE with 0.84 times change in volumes and 9.988% change in price. Other gainers included National Buildings with 7.946% price change and 2.008 times volumes, Bajaj Finserv with 7.791% price change and 3.901 times volumes, National Aluminium with 7.559% price change and 2.19 times volumes, and Ncc with 7.057% price change and 0.887 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.

Kpit Technologies was amongst the top losers, currently trading at 315.10 in NSE with 1.409 times change in volumes and -5.09% change in price. Other losers included Varun Beverages with -3.203% price change and 0.311 times volumes, Dabur India with -2.796% price change and 0.72 times volumes, Syngene Internatio with -2.436% price change and 1.605 times volumes, and Jubilant Foodworks with -2.411% price change and 0.945 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.

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

Seven of Top 10 firms add Rs 1.31 trn in m-cap; HUL and TCS lead chart. Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro also saw a rise in their market valuations, while HDFC Bank, ICICI Bank and SBI suffered losses

Startups raised .5 bn in Apr-Jun period, 11 new unicorns created: Report. Indian startups received about .5 billion in funding in the April-June 2021 quarter, while 11 of them entered the coveted unicorn club, a report by Nasscom-PGA Labs said

AIWA plans to expand product portfolio, retail footprints in India. Japanese consumer electronics brand AIWA, which earlier this year re-entered the Indian market, is expanding its product portfolio and retail footprints in the country

Major tariff hikes by telcos unlikely in the short-run: Analyst. Telecom operators are likely to continue with minor tweaks in mobile plans but may avoid significant hike in broader tariffs in the short-run

.2 bn infused in Indian startups by VC firms during Jan-July: Report. Venture capital firms infused a total of .2 billion investment into the Indian startup ecosystem during January-July 2021

GAIL to foray into hydrogen generation, scale up its renewable portfolio. As part of a push to embrace cleaner forms of energy, GAIL will be laying pipeline infrastructure to connect consumption centres to gas sources

Mobility startup Get My Parking aims to double revenue to mn this fiscal. Mobility start-up Get My Parking is looking to double its revenue to million (about Rs 37 crore) this fiscal

Tata Realty to invest Rs 4,000 cr in residential, commercial projects. Tata Realty and Infrastructure is investing around Rs 2,000 crore each into residential and commercial projects over the next two years

Meet Anita Kishore, the strategist behind Byju's global acquisitions. While the organic growth continues to be strong for Byju's, the edtech giant sees inorganic routes including acquisitions as another pillar for growth and expansion, says chief strategy officer Anita

Xiaomi to offer full spectrum of financial services in India via partners. Xiaomi is bringing in offerings like gold loans, credit line cards and insurance products as it looks to provide the full spectrum of financial services across payment, lending and insurance in India

Pharma companies lead topline growth in Q1FY22: ICICI Direct Research. Corporate earnings for April-June were robust despite the second wave of Covid-19 and a report by ICICI Direct Research showed that topline growth during quarter was led by pharmaceutical companies

Nokia shipped nearly 12.8 mn handsets in Q2 driven by 1.4, G and C series. Nokia brand shipped nearly 12.8 million handsets in the second quarter (Q2) of 2021, new data has showed.

ICRA revises GE Power India's outlook to negative from stable. ICRA has reaffirmed A-plus rating on GE Power India Ltd (GEPIL) but said the outlook revision to negative from stable on the bank lines is driven by deterioration in credit profile

Ex-TV scribe, legal hawk part of panel which fixes Siddhartha Lal's pay. Eicher's Lal earns 300 times more than median for an Eicher employee

NTPC commissions 15 MW floating solar capacity at Andhra's Simhadri. With this, the installed capacity of the floating solar PV project at Simhadri stands at 25 MW.

Arvind Fashions raises Rs 439 crore from investors, promoters. The investors who participated in the fundraise are Akash Bhanshali, existing shareholders including ICICI Prudential Mutual Fund, various foreign institutional investors

Adani Total Gas buys 50% stake in gas meter manufacturing firm. Adani Total Gas retails CNG to automobiles and piped natural gas to household kitchens and industries.

Delhi HC restrains kitchenware firm from infringing 'Amul' trademark. The mark used by the defendant company is not registered and is being illegally shown as a registered mark, the high court said.

CarTrade Tech makes tepid market debut; tumbles 7% at close of trade. CarTrade Tech's initial public offering (IPO) was subscribed 20.29 times

Zetwerk joins unicorn club after raising 0-million in Series E funding. The round has mo­re than doubled the valuation of Zet­werk to about 0 million

GMR group unveils plans to modernise Nagpur Airport after HC ruling. Infrastructure major GMR group on Friday unveiled its plans to modernise and develop Nagpur Airport following a ruling by the Nagpur Bench of Bombay High Court.

Johnson & Johnson seeks nod for Covid vaccine trial on adolescents. To achieve herd immunity, studies have to be done on children, pharma major says

Eicher Board to meet over MD's salary as shareholders reject re-appointment. Siddharth Lal's total salary increased from Rs 9.2 crore in 2016-17 to Rs 21.12 crore in 2020-21, a jump of about 130 per cent.

CarTrade Tech makes tepid market debut; tumbles nearly 8% at close of trade. Shares of CarTrade Tech had a muted market debut on Friday, closing with a discount of nearly 8 per cent against its issue price of Rs 1,618.

Oyo raises million from Microsoft at .6 billion valuation. The company is aiming to transform itself to a global full-stack technology provider for small and mid-sized hotels and homes

Wipro, HCL feature among 12 Indian firms in Hurun Global 500 list. Wipro, HCL Technologies and Asian Paints were the new Indian entrants among the top 500 companies in the world, as per the latest Hurun Global 500 list

McLeod promoter to move NCLAT challenging NCLT order on insolvency. The appeal is listed for hearing on August 25

AAVAS Financiers' promoters sell shares worth over Rs 751 crore. Two promoters of AAVAS Financiers Ltd on Friday offloaded shares worth over Rs 751 crore, through open market transactions

Aurobindo Pharma's Rs 450-cr deal to acquire 51% in Cronus Pharma cancelled. Aurobindo Pharma Ltd on Friday said its Rs 450-crore deal to acquire 51 per cent stake in Cronus Pharma Specialities India Pvt Ltd (Cronus) has been cancelled

BARC appoints Nakul Chopra as CEO. Broadcast Audience Research Council on Friday announced the appointment of Nakul Chopra as its chief executive. Chopra will replace Sunil Lulla, who is leaving the TV audience body to pursue entrepreneurial ambitions, the council said in a statement. He ha

GMR spending Rs 20k Cr on airports' expansion, developing new ones. : GMR Group is currently investing Rs 20,000 crore to expand the existing airports and developing new aerodromes, GM Rao, Chairman of the infra major has said. "Airport Development and Construction: GMR Group has set benchmarks for development of world cl

Apple delays return to office until Jan 2022 amid Covid surge. Apple has delayed return to office until at least January 2022, as the US witnesses a surge in cases of the delta variant of Covid-19.

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