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NSE share market NEWS tomorrow (11 October, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (11 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 11 October 2021

Inox Wind was amongst the top gainers, currently trading at 114.75 in NSE with 14.384 times change in volumes and 14.578% change in price. Other gainers included Pg Electroplast with 14.127% price change and 1.96 times volumes, Indian Energy with 12.214% price change and 1.697 times volumes, Tata Power with 8.284% price change and 2.913 times volumes, and Bse with 7.187% price change and 0.917 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.

Tata Consultancy was amongst the top losers, currently trading at 3685.60 in NSE with 4.037 times change in volumes and -6.353% change in price. Other losers included Bandhan Bank with -5.581% price change and 0.563 times volumes, Coforge with -5.027% price change and 0.879 times volumes, Idea Cellular with -4.405% price change and 1.726 times volumes, and Mphasis with -4.399% price change and 1.677 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.

CCI penalises PMP Infratech, Rati Engg for rigging tender floated by GAIL. PMP Infratech fined Rs 25 lakh, Rati Engineering to pay Rs 2.5 lakh; personnel managing and controlled the two firms also penalised, cease-and-desist order passed

RBI retains advisory committee on Srei group companies. The RBI on Monday said it has decided to retain the advisory committee of Srei Infrastructure Finance Ltd (SIFL) and Srei Equipment Finance Ltd (SEFL) to advise the administrator in the operations of the two Srei group companies during the corporate insolv

Air India privatisation reflects govt resolve to bite reform bullet: CII. The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.

TVS Supply Chain Solutions raises Rs 590 cr from Exor-managed fund. TVS Supply Chain Solutions on Monday said it has raised Rs 590 crore from a fund managed by Europe-based diversified holding company Exor, for its future growth and transformational initiatives

Suresh Bose takes charge as chief HR officer at Jindal Stainless. Jindal Stainless Ltd (JSL) on Monday said Suresh Bose has been appointed its chief human resources officer (CHRO), with immediate effect. Bose, who joined on Monday, will be responsible for driving people strategy, workplace culture, talent management and

Welspun Corp to develop guideline for transportation of hydrogen gas. Welspun Corp Ltd on Monday announced joining a global industry project to develop the "world's first guideline" for transportation of hydrogen gas in existing and new offshore pipelines

Internal restructuring of TVS Group gets CCI approval. There are 16 entities that are parties to the proposed transaction.

HFCL Q2 profit up 61% to Rs 86 crore; revenue up 6.4% to Rs 1,122 crore. Domestic telecom gear maker HFCL on Monday posted a 61.18 per cent jump in its consolidated net profit to Rs 85.94 crore in the September quarter.

Tata Sons board meet on Tuesday to discuss Air India acquisition. In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source

Top headlines: Akasa Air gets govt NOC; Invesco breaks silence on Zee feud. Business Standard brings you the top headlines on Monday

JNPT reports 40.4% growth in container traffic in H1 FY22. The country's premier container port JNPT has reported 40.40 per cent growth in container traffic at 2,703,051 TEUs in the first half of the fiscal, according to a release on Monday.

Govt issues letter of intent to Tatas for sale of Air India. Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed

CCI slaps penalties upon 2 firms for bid rigging in GAIL tender. CCI passed a final order against two firms - PMP Infratech Pvt Ltd and Rati Engineering - for indulging into concerted practices leading to bid rigging of a tender floated by GAIL in 2017-18

Coal India arm provides 76.6% coal to power producers in current month. Coal India Ltd (CIL) accounts for over 80 per cent of the total domestic coal output.

Adani Ports to stop handling containers from Iran, Pak, Afghanistan. The decision comes weeks after Indian officials seized nearly three tonnes of heroin originating from Afghanistan worth an estimated Rs 20,000 crore

SECL agrees to supply 29,500 metric tonnes of coal per day to Chhattisgarh. Amid reports of coal shortage in the country, the Chhattisgarh government on Monday said SECL will ensure the supply of 29,500 metric tonnes of coal per day for thermal power plants in the state

Fintech firm Salt to ramp up hiring in India; raises 0,000 funding. Fintech firm Salt on Monday said it has raised 0,000 and is looking at strengthening its headcount to about 100 by the end of next year

Prestige group Q2 sales bookings up 88% to Rs 2,111.9 crore. Real estate firm Prestige Estates Projects Ltd on Monday reported an 88 per cent year-on-year growth in its sales bookings at Rs 2,111.9 crore for the quarter ending September on better housing demand

Future group firms convene shareholder meetings to seek nod for RIL deal. The scheme of arrangement between Future and Reliance Retail, announced in August last year entails consolidation of Future Group's 19 companies into one entity -- Future Enterprises Ltd.

Adani Group takes over management of Jaipur International Airport. The airport has been leased out to the group by the government of India for a period of 50 year

Zostel asks Sebi to reject and suspend Oyo's .2-billion IPO. The move can potentially lengthen Sebi's clearance process

Urban Company rejects women workers allegation, says their earning is fair. Urban Company denied allegations levelled by its women beautician partners of providing very low commission to them and claimed that the earnings are far more

Air India sale: Modi govt's first privatisation in 7 years; what next?. With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

OneWeb to be first pvt player to launch satellite from Indian soil: Mittal. Bharti Group's subsidiary OneWeb will be the first private player to launch satellites from Indian soil through ISRO facilities, Bharti Enterprises chairman Sunil Bharti Mittal said Monday.

Bharti's OneWeb, ISRO arm collaborate to launch satellite in India. Bharti Group backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022. The arrangement has been made through a letter of intent (LOI) with NSIL, to

JSW Steel says group combined output grew 29% to 5 MT in Jul-Sep. JSW Steel on Monday posted a 29 per cent year-on-year growth in group combined steel production at 5.07 million tonne (MT) during the quarter ended September 30, 2021. In a statement, it said it had produced 3.92 MT in the July-September period of financia

Expect 6-8 Gw of renewable projects in the market soon: Virescent CEO. India's first renewable InvIT raised Rs 400 crore recently; CEO Sanjay Grewal says there is enough capital to support their investment strategy

ForeignAdmits raises Rs 3.4 cr in seed round led by Unicorn India Ventures. ForeignAdmits makes use of data-backed counseling process and peer-to-peer mentorship by international graduates and alumni networks

F5 raises Rs 5 cr in pre-series A funding round led by Auxano Capital. F5 is building a hyper-local ecosystem around the daily workplace needs of the consumer

Graphy acquires edtech platform Spayee for million. Spayee allows content creators to produce customised courses in the form of audio and video tutorials, PDF documents, quizzes, assignments, and live classes

Indian Oil defers maintenance shutdown of units at Haldia: Report. Haldia refinery has two crude and vacuum distillation units.

Zee-Sony merger deal not in interest of small shareholders: Invesco. In an open letter, Invesco calls on Zee shareholders to join in asking why the founding family should benefit at expense of investors who hold 96% in company

Coal India scales up fuel supply to power plants to 1.51 MT per day. The development assumes significance in the wake of reports that warned of a power crisis looming large due to the coal shortage in the country.

TVS SCS raises Rs 590 cr from fund managed by Italian business dynasty. Earlier this year, Agnelli group's holding company Exor, through another fund managed by them, had invested in Ki Mobility Solutions-a subsidiary of TVS Automobile Solutions

Unacademy-backed Graphy acquires edtech platform Spayee for mn. Post acquisition, Spayee will continue to operate independently; it allows content creators to produce customised courses in audio and video, PDF documents, quizzes, assignments and live classes

Govt receives over Rs 2,593 cr dividend from NTPC, PGCIL this fiscal. The government has received Rs 7,515 crore as dividend from central public sector enterprises so far in the current financial year

Air India privatisation: Rs 16,000 cr unpaid bills to go to govt's AIAHL. As on August 31, Air India had a total debt of Rs 61,562 crore

Lulu Group opens third shopping mall in India; plans more launches. The Group with its flagship retail chain of Lulu hypermarkets and supermarkets has operations spread over 22 countries.

Morgan Stanley names Anahita Tiwari head of India global in-house centres. She joins Morgan Stanley from JP Morgan Chase India where she was the head of Global Finance and Business Management and is a certified chartered accountant

Indian businesses have bullish hiring plans as they look to rebuild: Survey. The pandemic also impacted the benefits offered by corporates to its employees.

Maruti Suzuki reports over two-fold dip in production in September. In a regulatory filing, the auto major reported total production of 81,278 units in September as compared with 1,66,086 units in September 2020.

Jhunjhunwala-backed Akasa Air gets no objection certificate from govt. The company's next step will involve applying to DGCA for Air Operator's Permit; Akasa Air to start flights in the summer of 2022

CBI books Trimax IT Infra and management for cheating banks of Rs 862 crore. The firm had been involved with important govt tenders of BSNL, UPSRTC and Bengaluru Metropolitan Transport Corp

Media & entertainment space gets new PE fund; IMEF raises Rs 500 crore. Sources in the know said that the fund is expected to close its first deal in the next 90 days

Salary issues resolved; cases by lessors don't help anyone: SpiceJet chief. The court cases filed by aircraft lessors to recover their dues don't assist anybody very much and all such disputes eventually end in settlements, SpiceJet CMD Ajay Singh said

We are having conversation with Akasa for aircraft deal: Airbus CCO. Airbus is in conversation with Rakesh Jhunjhunwala-backed new airline Akasa for an aircraft procurement deal, a top official of the European plane manufacturer has said.

Discoms' outstanding dues to gencos rise 3.3% to Rs 116,127 cr in October. Total outstanding dues owed by electricity distribution companies to power producers rose 3.3 per cent year-on-year to Rs 116,127 crore in October

Ultratech emerges as preferred bidder for limestone block in MP. Ultratech Ltd has emerged as preferred bidder for a limestone block in Madhya Pradesh. Ramstahn Ghunchihai limestone mine, which has reserves of 209.77 million tonnes, was auctioned in the current fiscal. The limestone mine is among five mineral blocks tha

India Inc's revenue likely grew 18-20% on-year to Rs 8.2 trn in 2nd quarter. Higher commodity prices, continued revival in demand for consumer discretionary products likely lifted corporate revenue 18-20% on-year to Rs 8.2 trn in the second quarter of this fiscal, says study

RIL's renewable energy arm buys REC Solar Holdings in 1 mn deal. Target is one of world's top solar cells/panel and polysilicon firms, will be key part of Reliance's new energy vision

Work to monetise Alliance Air, 3 other AI subsidiaries to start: DIPAM Secy. After AI privatisation, government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets DIPAM Secy Tuhin Kanta Pandey

Govt starts process for filling posts of independent directors in PSBs, FIs. As per the Companies Act 2013, every listed public company shall have at least one-third of the total number of directors as independent directors.

Reliance buys Norway's REC Solar Holdings from China's Bluestar for 1 mn. This is the first major renewable energy deal, where an equipment manufacturing facility has been acquired

RBI's decision to supersede Srei's board will prevent domino effect:Experts. NCLT on Friday admitted the insolvency pleas moved by banking sector regulator RBI against the two Srei Group firms and appointed an administrator to run the companies.

Industry must begin using coal through gasification technology: JSPL MD. The gasification technology will also help India overcome the shortage of oil, gas, methanol, ammonia, urea and other products, making the country Aatmanirbhar

Instasafe eyes expansion in Middle East, Europe for cybersecurity solution. Cybersecurity solutions provider InstaSafe Technologies is looking to expand its presence in the Middle East and Europe, a top company official said.

Grundfos signs MoU with TATA Projects for projects in environment, water. The MoU with TATA Projects would be done through cooperation and joint ventures in technology, identification of market and joint business development.

Jio Platforms Haptik claims 300% yoy growth, bullish on Whatsapp e-commerce. Haptik's customer base include Dream 11, Oyo Room, Lenskart, Ola cab, Pepperfy, Upstox, Havells, Ceat, Eureka Forbes etc.

Dream11 suspends operations in Karnataka after police lodged FIR. Dream11 has suspended operations in Karnataka after a complaint was registered against its founders claiming it was in violation of a new state gambling law.

Shift Freight plans to raise -30 mn by next fiscal; dilute 10-15% stake. The Noida-based startup currently has presence across 25 cities and carries out around 70 movements per day with majority of them being inter-city.

CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO. CSS Corp, which is looking at going in for an IPO towards the end of 2023 as a standalone business, counts India among its largest talent base

RIL picks up 40% in SP group's Sterling and Wilson Solar for Rs 1,100 cr. As part of deleveraging its stretched balance-sheet, the Shapoorji Pallonji Group is divesting its second key asset within a month by selling 40 per cent stake in Sterling & Wilson Solar, the solar EPC joint venture it runs with the Khurshed Yazdi Daruvala

RIL to buy 40% stake in Sterling & Wilson Solar for Rs 2,850 crore. The company will also acquire 25.9 per cent stake by way of an open offer at the same price

HC stays criminal proceedings initiated by Vindhya Telelinks subsidiaries. The Calcutta High Court, on Friday, stayed a criminal petition against "directors or erstwhile directors" on the board of three M P Birla group companies

E-commerce firms clock .7 bn in sales in first four days of festive sale. E-commerce firms are on track to achieve .8 billion gross merchandise value

I-T dept detects Rs 550-cr hidden income after raids on Hetero pharma group. The searches have also resulted in seizure of unexplained cash amounting to Rs 142.87 cr

Mukesh Ambani joins Bezos, Musk in world's exclusive 0 bn club. The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate's stock climbed to a record on Friday

Aryan Khan drugs case: Byju's temporarily halts ads featuring SRK. In a major setback for Shah Rukh's son Aryan, a Mumbai court on Friday rejected his bail plea, and of two others who were among the 8 arrested.

Most PSUs on govt's privatisation list created by private sector: Sanyal. He also said the government will not shy away from creating new public sector entities where ever required.

Explainer: Why is Invesco entangled in a legal dispute with TV giant Zee. Invesco has in Indian tribunal hearings said it's not against the Zee-Sony plan, but its filing does criticize how the two entered into talks.

Denmark's Grundfos, Tata Projects tie up for environment, water projects. The deal was signed by both the companies in the presence of Prime Minister of Denmark, Mette Frederiksen and Danish Ambassador to India, Freddy Svane

NCLT asks Zee Entertainment to file reply to Invesco plea by October 22. The move follows a NCLAT order on Thursday that granted ZEEL more time to file its reply

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey. DIPAM Secretary says rescue missions such as Vande Bharat are on a cost recovery basis. Air India One has been transferred to the Indian Air Force. This will also be on a cost recovery basis

Air India has broken 19-year privatisation jinx. The Union government had been trying to privatise public sector enterprises (PSEs) for four years through what it safely labels 'strategic sale'.

TCS Q2 results: Consolidated PAT rises 14% to Rs 9,624 cr, revenue up 17%. The company added 19,690 employees during the quarter under review taking its total headcount of 528,748

TCS to hire 35,000 more in H2FY22 after reaching 43,000 fresher hiring goal. During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters

Ola Electric is raising another 0 mn at over bn valuation: Sources. On September 30, Ola had announced raising over 0 mn in funding from Falcon Edge, SoftBank and others, valuing it at bn

Badal Bagri resigns as CFO of Airtel; Soumen Ray named new CFO. Bharti Airtel said Badal Bagri has resigned as Chief Financial Officer of the company to pursue other opportunities and that Soumen Ray has been appointed as new CFO with effect from December 21, 2021

Skills, democracy main drivers of growth, says Rakesh Jhunjhunwala. Skills and democracy are the main drivers of sustainable growth, ace investor Rakesh Jhunjhunwala said on Friday, adding that he is bullish on the Indian market

Dr Agarwals Eye Hospitals lines up Rs 1,000 cr investment, IPO in 24 months. Is expanding its footprint across the country, adding 100 eye hospitals and 500 outreach centres in three years

Power giant NTPC pays Rs 3,054-cr final dividend for 2020-21. State-owned power giant NTPC on Friday said it has paid the final dividend of Rs 3,054.45 crore for 2020-21. For the financial year 2020-21, NTPC Ltd has paid a final dividend of Rs 3,054.45 crore, being 31.5 per cent of the company's paid-up equity share

NCLT admits RBI application for initiating CIRP against Srei Infra. Rajneesh Sharma has been appointed administrator, but the order was not uploaded till the time of going to press

New dawn for Air India: Scindia on airline's sale to Tata Group. The Tata Group's bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash

Tatas will have to retain all AI employees for 1 year, can offer VRS in 2nd. The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be hon

Top headlines: Air India returns to Tatas; CEA Subramanian to step down. Business Standard brings you the top headlines on Friday

ED attaches assets of Rs 1.74-crore in PMLA case against BPSL. The Enforcement Directorate on Friday said it has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in BPSL

Gland Pharma gets tentative nod from USFDA for generic Sugammadex injection. Drug firm Gland Pharma on Friday said it has received a tentative nod from the US health regulator for generic Sugammadex injection, which is indicated for reversing the effects of the muscle relaxants rocuronium bromide and vecuronium bromide given to pat

Myntra poised to become India's largest beauty and personal care player. The segment is a major driver of new customer acquisition for the Walmart-owned firm, as vaccination penetration rises and more people venture outdoors

Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari. No formal announcement yet but the automobile company is anticipated to bring in its competitive Tesla Model 3

Air India is nostalgic airline for most TCSers: CEO Rajesh Gopinath. Air India is a "nostalgic airline" for most TCS employees and the IT services major will offer its complete support in whatever form it can, to contribute to the revival of the airline, TCS CEO said

Energy exchange jumps 180% this year as India battles coal crisis. Indian Energy Exchange's platform is used by companies to power their short-term needs.

Tata Motors: In advanced stages to raise billion for EV biz - Report. Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.

Private equity inflow in real estate up 27% in Apr-Sep at .79 bn: Anarock. Private equity investment in Indian real estate rose 27 percent to .79 billion in the first six months of the current fiscal mainly driven by domestic funds, according to property consultant Anarock

Guwahati airport handed over to Adani Group for operations, management. The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

Why is Uber India President Prabhjeet Singh bullish on three-wheelers?. With coronavirus situation getting better now, how is the ride-sharing business faring? Uber India president Prabhjeet Singh talks about the recovery and plans ahead in this exclusive interview

Four reasons why global brokerage Bernstein is bullish on IPO-bound Oyo. In the note Bernstein highlights structural drivers for the company

Zydus Cadila gets tentative nod from USFDA to market generic acne drug. Drug firm Zydus Cadila on Friday said it has received tentative nod from the US health regulator to market generic Adapalene and Benzoyl Peroxide gel used for treatment of acne in the American market. The company has received tentative approval from the Un

Chingari raises mn, picks Solana blockchain for its crypto token. Short-video platform Chingari on Friday said it has raised over million that will help it build its token called '$GARI' with Solana, the fastest-growing ecosystem in crypto technology.

HC rejects IndiGo co-promoter Gangwal's plea on directive to call for EGM. Sources said partner Rahul Bhatia may challenge London Court of Arbitration's order which instructs to relax provision of share transfer by promoters

Airtel to offer Rs 6,000 cashback on purchase of smartphones. The cashback will be given on smartphones priced up to Rs 12,000 apiece from 12 brands

Latest stock market News for tomorrow Access previous news reports: 1084108510861087108810891090109110921093109410951096109710981099110011011102

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