NSE share market NEWS tomorrow (23 August, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (23 August, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 August 2021
Hcl Technologies was amongst the top gainers, currently trading at 1163.10 in NSE with 2.707 times change in volumes and 4.095% change in price. Other gainers included Indian Energy with 3.749% price change and 1.788 times volumes, Varun Beverages with 3.329% price change and 1.727 times volumes, Bharat Electronics with 2.397% price change and 1.717 times volumes, and Nestle India with 2.298% price change and 1.039 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.
Aditya Birla was amongst the top losers, currently trading at 99.05 in NSE with 2.614 times change in volumes and -8.92% change in price. Other losers included Ncc with -8.285% price change and 2.937 times volumes, Biocon with -6.758% price change and 4.694 times volumes, Bse with -6.367% price change and 1.263 times volumes, and Laurus Labs with -6.193% price change and 2.019 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.
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 moÂre than doubled the valuation of ZetÂwerk 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.
Smartworks leases office space in Pune; invests Rs 150 cr on new centre. Smartworks has leased a 5.6 lakh sq ft area in Pune, and invested around Rs 150 crore to set up a new centre as part of its strategy to expand the business amid rising demand
HC grants SpiceJet relief against recovery proceedings by GST authorities. GST authorities had asked SpiceJet to pay tax liabilities of Rs 80.6 crore and furnish details of properties.
Eicher's shareholders rejected MD's re-appointment over salary hike: Report. Siddhartha Lal's reappointment as MD was voted down over a 10% hike in his salary proposed amid the pandemic when the revenues and profits have been slow, say media reports
S&P places issuer ratings on Tata Group firms on CreditWatch positive. 'Although the group companies still operate independently under professional directors and management, we observe a greater influence of Tata Sons on the strategy and financial policies of the group'
Indian startups raise .9 bn VC funding in 2021, next only to China. Indian startups got USD 16.9 billion of venture capital funding in 2021, next only to Chinese counterparts in the Asia-Pacific (APAC) countries, GlobalData said Friday. "Despite the third wave of COVID-19 pandemic looming large and slow economic recovery,
Tech giant Microsoft Corporation invests million in OYO. Tech giant Microsoft Corporation has invested nearly USD 5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares
Udaan, Throttle Aerospace trial run of drone delivery of drugs a success. The trial was conducted by Udaan within a 15-km radius at Gauribidanur on the outskirts of Bengaluru by udaan for the last mile delivery of medicines
Coal India's capex growth zooms twofold to Rs 1,840 crore in Q1. State-owned CIL on Friday said its capital expenditure jumped more than twofold to Rs 1,840 crore in the first quarter of 2021-22 compared to Rs 844 crore in the year-ago quarter.
Bidding war for British supermarket chain Morrisons heats up. Shares in British supermarket chain Morrisons spiked higher Friday after New York-based private equity firm Clayton, Dubilier & Rice trumped a previous offer for the company with a 7 billion-pound (.5 billion) bid. Morrisons' board has accepted the offer
Manufacturing startup Zetwerk's valuation tops bn, joins unicorn club. The firm has raised 0 mn in a Series E funding round led by D1 Capital Partners
Bharti Airtel moves Supreme Court with review petition in AGR case. The company has sought correction of arithmetical errors in calculations linked to AGR
Chairman of Karvy Stock Broking arrested for defaulting on bank loan. C Parthasarathy was arrested for defaulting on a loan taken from the IndusIndbank in 2019 and diverting the fund to other bank accounts
Policy groups ask Apple to drop plans to scan iMessages for child abuse. Signatories in nations as varied as India, Mexico, Germany fear tech to prevent spread of child sexual abuse material could be used for censorship.
Hashnode raises .7 mn in Series A fundraise led by Salesforce Ventures. This funding follows a .1 million seed funding round in December 2020.
Tata Steel announces Rs 270.28 crore annual bonus for 2020-21. Private steel major Tata Steel will pay a total of Rs 270.28 crore as annual bonus for the accounting year 2020-2021 to its eligible employees of all applicable division /units of the company, a release said. A Memorandum of Settlement was signed on Wednes
Google-backed Dunzo launches 19-minute ultra-fast grocery delivery. Dunzo is offering its ultra-fast grocery delivery service Dunzo Daily in Bengaluru, through which it will deliver essentials in 19 minutes
Paid licence fee dues for first quarter of FY22, says Vodafone Idea. VIL is in the grip of an existential crisis, and the debt-ridden telco's Q1 earnings and June quarter operational metrics, announced on Saturday, had left analysts disappointed
ONGC seeks partners to raise production from 43 oil, gas fields. State-owned Oil and Natural Gas Corp (ONGC) on Thursday invited bids from private companies for handing over operations of 43 small and marginal oil and gas fields with a view to raising production.
Flipkart Wholesale plans to triple footprint in India by serving Kiranas. E-commerce adoption by kiranas on Flipkart Wholesale doubled in Jan-June this year over last year. This is seen growing 180% in July-December 2021, over the same period last year
Facebook's most viewed post in the US in Q2 of CY2021 came from Mumbai. The post had 80.6 million content viewers in the US. The second-most viewed post had 61.4 million viewers
Aiming to raise 0 mn in debt over next 2 yrs: BharatPe CEO Suhail Sameer. Delhi-based BharatPe said it has raised Rs 100 cr each as debt from IIFL Wealth & Asset Management, and Northern Arc Capital
Used vehicle startup Cars24 to raise 0 mn from SoftBank, others: Report. The fundraising would also include Falcon Edge Capital and value the startup at close to billion, said the person, asking not to be named because the details aren't public
Jet Airways staff unions challenge resolution plan, file appeal in NCLAT. Kalrock-Jalan consortium proposed a sum of Rs 52 crore to settle admitted employee claims of Rs 1,265 crore
ONGC offers 43 of its fields to operators for enhancing production. The Centre has been pushing ONGC to increase its oil and gas production in order to trim imports
HCL Tech appoints Fabiano Funari as the country head for Brazil. Funari joined the firm to spearhead its growth for all industries and capabilities in Brazil, where HCL employs more than 800 people
Flipkart Plus sees robust growth, reaches 20 million customer base. Around 30% of monthly active customers on Flipkart are now Plus members. Today, Flipkart issues over 1 billion SuperCoins a month, where customers avail various benefits
Flipkart CEO Kalyan Krishnamurthy meets FM Nirmala Sitharaman. Flipkart chief executive Kalyan Krishnamurthy on Thursday met Finance Minister Nirmala Sitharaman.
OYO to hire over 300 tech professionals to expand tech, product teams. Hospitality firm OYO on Thursday said it is looking to hire over 300 technology professionals across entry-level to senior leadership roles during the next six months. The company seeks to hire full-stack teams with key skill sets and expertise in the area
Intel, IIT Bombay's SINE launch initiative to accelerate Industry 4.0. Called Plugin Alliance, the initiative will enable the formation of special interest groups for its industry members to drive innovation and potential adoption of emerging technologies
Well-positioned to handle challenges of another Covid wave: Dabur India. Home-grown FMCG major Dabur India is looking at the future with "great optimism" but challenges from the pandemic are far from over, its Vice Chairman Mohit Burman said
Oyo to hire 300 tech employees over six months for multiple roles. Profiles include software development, engineering and product managers, designers, data scientists across entry-level to senior leadership roles
Top headlines: European shares tumble 2%; Ujjivan SFB MD & CEO resigns. Business Standard brings you the top stories this evening
Now, invest in digital gold and silver via TruCard's TruCoin: How it works. By creating access to assets like gold and silver, TruCard says it's committed to help 'build your financial wellness and set you up for financial freedom'
MGF files FIR against Emaar officials over 'fraudulent transfer' of land. MGF Developments Ltd has filed an FIR against officials of its erstwhile joint venture partner Emaar India, including Emaar Properties Group CEO, Amit Jain
DoT to serve show-cause notice on Vodafone Idea over licence fee delay. Telco claims dues paid for first quarter
D-Mart owner Radhakishan Damani enters top 100 global billionaires' club. DMart, set up in 2002, saw strong double-digit growth in sales and profits between FY09 and FY20
HDFC Bank's -billion global AT-1 bond issue priced at 3.7%. Market sources said the response was strong with demand in the region of billion-.5 billion
GMR group can operate Nagpur airport as it wins privatisation case. Bombay High Court sets aside Mihan's order canceling contract
Bharti group-backed OneWeb granted LoI for NLD, says DoT official. OneWeb, the Low Earth Orbit satellite communications company backed by Bharti Group, has been granted letter of intent for national long distance (NLD), while its application for providing global mobile personal communication by satellite is under consider
Discoms' projected Rs 90,000 cr loss 'grossly inflated': Power ministry. ICRA in March in an analysis had indicated that discom losses will increase to Rs 90,000 crore in FY21, under a particular scenario
Difficult for CIL to give 50% wage hike to workers, CMD tells union. Coal India Chairman Pramod Agrawal has said it will be difficult for the PSU to give 50 per cent wage hike to workers, as demanded by the unions, due to financial constraints facing the company
United Arab Emirates bans IndiGo flights till August 24: Check details here. According to sources, the suspension came into effect from Tuesday for carrying passengers who had not undergone a rapid-PCR test at the departure airport
bn of takeovers, but big oil's merger mania has an eye on its demise. Deal activity doesn't suggest an industry gearing up for a rally in demand.
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