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NSE share market NEWS tomorrow (16 July, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (16 July, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 16 July 2021

Cyient was amongst the top gainers, currently trading at 1062.60 in NSE with 1.156 times change in volumes and 12.29% change in price. Other gainers included Syngene Internatio with 8.757% price change and 2.91 times volumes, Idea Cellular with 8% price change and 8.495 times volumes, Indian Rail with 6.981% price change and 7.768 times volumes, and National Aluminium with 5.182% price change and 2.97 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 Elxsi was amongst the top losers, currently trading at 4302.65 in NSE with 1.436 times change in volumes and -4.111% change in price. Other losers included Hcl Technologies with -3.342% price change and 0.682 times volumes, Bandhan Bank with -3.3% price change and 2.73 times volumes, Suzlon Energy with -3.049% price change and 0.321 times volumes, and Oil India with -2.913% price change and 1.723 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.

Kirloskar group launches new brand logo, 'Limitless' business vision. The new 'Limitless' vision will span over eight business areas led by Atul and Rahul, and will lay the foundation for aggressive plans in the B2C domain

Zomato IPO subscribed 38 times, generates demand worth over Rs 2 trillion. Nearly three-fourth of bids came from institutional investors, with QIB portion garnering 52x subscription

Reliance Retail picks up 66.95% stake in Just Dial for Rs 3,497 cr. VSS Mani will continue as MD and CEO of Just Dial; company reported a net loss of Rs 3.5 crore in June quarter

Sales of listed private manufacturing companies jump 31% in Jan-Mar quarter. Sales of listed private manufacturing companies surged 31 per cent year-on-year in the fourth quarter of the last fiscal on favourable base as well price effect, according to RBI data

Tata Power ties up with HPCL to provide end-to-end EV charging stations. Tata Power has joined hands with Hindustan Petroleum Corporation Ltd to provide end-to-end electric vehicle charging stations at the latter's retail outlets at multiple cities and major highways

Andhra Pradesh govt to launch flagship startup promotion scheme. The Andhra Pradesh government will launch a flagship startup promotion scheme Accelerate Startups in AP (ASAP) for early stage startups to offer plug-and-play office space

L&T Finance Holdings consolidated Q1 net up 20% to Rs 178 cr. Margins & fees improve; NPAs up YoY and sequentially

Wipro investing in supply side too as it prioritises capturing growth: CFO. Jatin Dalal cautions Q2 will have elements like pay hikes in September, ongoing Capco consolidation, that could exert pressure on margins

CBI books Fedderes Electric and its promoters in bank fraud case. The CBI has registered an FIR against Fedderes Electric and Engineering Limited and its promoters for allegedly cheating an SBI-led consortium of banks to the tune of Rs 1,028.94 crore, officials said Friday. The central probe agency conducted a search ope

Kirloskar Oil Engines to invest Rs 250 cr more in NBFC biz, use land parcel. Kirloskar Oil Engines will be investing another Rs 250 crore into its non-bank finance company (NBFC) Arka Fincap as it seeks to grow its operations, its promoters said on Friday.

Special train with 180 shipping containers to arrive in Rajasthan. In view of shortage of containers in Rajasthan amidst the pandemic, a special train carrying 180 shipping containers from Mundra port in Gujarat will arrive here on Saturday. This is for the first time that double-stack container train is arriving in Jaipu

Reliance Retail buys controlling stake in Just Dial for Rs 5.7k crore. Will acquire 25.33% stake via preferential allotment at Rs 1,022.25 a share, another 15.62% from Just Dial founder V S S Mani. It will later make an open offer for 26% as per Sebi rules

2020 was very unusual year for all, Vedanta was no different: Chairman. Mining baron Anil Agarwal has stated that 2020 was a "very unusual year" for all and as a large natural resources company, Vedanta got its fair share of challenges.

Ericsson's India share in global sales doubles to 4% in Jan-Jun period. Ericsson on Friday said its share of sales from the India market doubled in the first half of the current year 2021 to four per cent, making the country third-highest revenue contributor for the group

Paytm files for India's largest IPO, eyes bn- bn valuation. Digital payments major to raise Rs 8,300 cr fresh captain; Vijay Shekar, SoftBank, SAIF to divest

HDFC Bank Q1 preview: Analysts see up to 30% rise in profit; slippages eyed. Amid the muted economic activity, analysts across the board, expect the lender's bottomline to shrink during the quarter on a sequential basis even as they see up to 30 per cent year-on-year growth

ZFW Hospitality enters Mumbai to scale 15 brands with 50 dark kitchens. ZFW Hospitality, a hyperlocal expansion platform for F & B & D2C brands, is entering Mumbai with over 50 dark kitchens & fulfillment centers for brands to expand in the western region.ZFW, which already partners with leading brands, has established a s

Paytm submits draft papers for its .2-billion IPO to market regulator. SoftBank-backed Paytm has filed for an initial public offering of up to .23 billion, draft papers submitted to the country's market regulator showed on Friday

Airtel Business, Cisco partner for connectivity solutions for enterprises. Telecom operator Bharti Airtel and communications gear maker Cisco on Friday announced launch of connectivity solutions for enterprises based on Cisco's software-defined wide area network technology

BHyve raises 0,000 from JITO, Letsventure and other angel investors. Backed by 100X.VC earlier in May this year, BHyve will use the freshly infused capital for marketing, boosting sales and brand building

Paytm files DRHP for Rs 16,600-cr IPO; fresh issue size at Rs 8,300 cr. Ant Financial, Alibaba, Elevation Capital V, Saif III Mauritius, Svf Panther (Cayman) and Bh International Holdings are looking to offload some part of their shares through the OFS

OYO raises 0 mn term loan funding from global institutional investors. Hospitality firm OYO on Friday said it has raised TLB funding of 0 million from global institutional investors and the capital will be used for paring debt and other business investments

Paytm set to break into top 10 most-valued financial stocks in India. According to investment banking sources, the company is eyeing a valuation of between billion and billion

Kirloskar brothers spar over non-compete agreement, family settlement deed. Sanjay Kirloskar moves Supreme Court to enforce family settlement

Northern Arc Capital files DRHP for IPO with market regulator Sebi. Northern Arc Capital Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share-sale

Paytm's merchant base grows to 21.1 million in FY21 from 11.2 mn in FY20. The firm's GMV increased to Rs 4.03 trn as of March 31, 2021, from Rs 2.29 trn as of March 31, 2109

Google backs Indian voice assistant as a service startup Slang Labs. Slang Labs raised funding from the Google Assistant Investments program. It would use the funding to grow its Voice Assistant as a Service business

Godrej & Boyce gets Rs 468 cr order to supply generators for PHWR project. Godrej & Boyce has bagged a Rs 468 crore order from Nuclear Power Corporation of India to supply steam generators for 700 MW pressurized heavy water reactors (PHWR) project. The company's process equipment division will be supplying the generators for the

Toyota joins hands with Karnataka govt to impart industry specific training. Toyota Kirloskar Motor on Friday said it has inked a pact with the Karnataka government for imparting industry-specific skill, culture and knowledge to the Industrial Training Institute (ITI) students

NTPC invites online bids for EPC package of waste-to-energy facility in UP. State-owned NTPC has invited online bids on a "two-stage" bidding basis for the EPC package of waste-to-energy facility in Uttar Pradesh.

HDFC AMC reports 14% surge in profit after tax to Rs 345.45 crore in Q1. HDFC Asset Management Company (AMC) on Friday reported over 14 per cent surge in profit after tax to Rs 345.45 crore for the three months ended June 30. The asset management firm had posted a profit after tax (PAT) of Rs 302.36 crore in the same quarter pr

Tata Steel's Jharia division commissions 2MTPA coal plant in Jharkhand. Tata Steel has set up a 2 million tonne per annum (MTPA) coal preparation plant at Jamadoba under its Jharia division, the steel giant said on Friday. Tata Steel's Jharia division has taken several initiatives of automation and digitalisation which has h

One97 taps IPO market in new, bigger avatar 11 years after aborted attempt. Vijay Shekhar Sharma-founded firm had to shelve Rs 120-cr IPO last minute in December 2010

Archies forays into beauty segment, launches dedicated e-com portal. Gift and greeting cards major Archies on Friday announced its foray into the beauty and personal care products segment as part of business expansion plans. It has partnered with around 45 brands, ranging from cosmetics, haircare, skincare, fragrances and s

TCG group to set up petrochem project of international scale in Tamil Nadu. TCG group will set up a petrochemicals project of international scale at Cuddalore in Tamil Nadu, a company spokesperson said on Friday.

Sebi holds PNB Housing board accountable for preferential pricing nod. Regulator says allotment of shares did not conform to the company's articles of association

Morgan Stanley beats profit estimates on capital market, deal-making boom. Morgan Stanley reported a better-than-expected quarterly profit on Thursday, as its investment banking business benefited from record levels of capital market activity

Revolt Motors sells out e-bikes within minutes of opening online sales. Revolt Motors on Thursday witnessed another round of massive electrifying sales with its e-bikes sold out within minutes of opening online sales, RattanIndia-backed EV maker said on Thursday. The company had earlier re-opened sales on June 18 but was force

Investment fund Synergy Metals gets CCI nod for stake buy in JSW Cement. Unlisted JSW Cement currently has a capacity of 14 million tonne

Wipro Q1 net rises 36% YoY, surpasses its own June qtr revenue guidance. The company's revenue guidance or Q2FY22 ranges between ,535 million to ,583 million, representing a growth of 5-7 per cent

ZFW Hospitality enters Mumbai to scale 15 brands with 50 Dark Kitchens. New Delhi based ZFW Hospitality on Thursday announced its foray into the financial capital of the country where it plans to support over 15 brands with 50 dark kitchens and fulfilment centres. As part of its first cohort in Mumbai, ZFW will support the gro

CCI dismisses alleged unfair business practices complaint against Uber. The regulator said that Uber operates in a competitive market, having competitive constraints from an equally strong player Ola.

Furlenco aims to double turnover to Rs 200 crore by end of 2021. The company had a flat growth in the financial year 2020-21, on account of pandemic-related disruptions.

Netradyne raises 0 mn from Softbank Vision Fund and others. US based start-up Netradyne on Thursday said it has raised USD 150 million in series C round led by Softbank Vision Fund at a valuation close to USD 1 billion.

Sebi exempts family trust linked to Capri Global from open offer obligation. Markets regulator Sebi on Thursday exempted J J R Family Trust from making open offer following its proposed acquisition of shares in Capri Global Capital Ltd. The order comes after Sebi received application from the trustee of J J R Family Trust seeking e

As attrition rises, Wipro to hit campuses to hire record 30,000 freshers. The IT major will be making the offers at campuses in FY22, of which 22,000 will join the company in FY23

Reliance Power allots 59.50 cr equity shares, 73 cr warrants to RInfra. After approval from shareholders, through postal ballot, Reliance Power has allotted 59.50 crore equity shares and 73 crore warrants convertible to Reliance Infrastructure, a listed promoter company.

Kirloskar family feud: SC adjourns hearing on Sanjay's plea to July 27. The dispute between the siblings got ignited after Rahul and Atul acquired La Gajjar Machineries in 2017, which competes with Sanjay's Kirloskar Brothers Ltd

RIL says can't comment on speculation about Just Dial acquisition. It said the company evaluates various opportunities on an ongoing basis

DIPAM invites bids from bankers, advisors for LIC's initial public offering. Kick-starting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the proposed mega initial public offering.

LTI Q1 consolidated net profit up by 19.3% at Rs 496.8 cr. IT firm L&T Infotech (LTI) on Thursday reported a 19.3 per cent rise in consolidated net profit to Rs 496.8 crore for the June 2021 quarter, and declared a special dividend of Rs 10 per share. The company had registered a net profit of Rs 416.4 crore in th

Tatva Chintan Pharma Chem raises Rs 150 cr from anchor investors. Tatva Chintan Pharma Chem on Thursday said it has garnered Rs 150 crore from anchor investors ahead of its initial share sale, which will open for public subscription on Friday.

Authum emerges as top bidder for Reliance Commercial Finance. Authum's total offer stands at Rs 1,629 cr vs Reliance Home Finance's debt of Rs 9,000 cr

CCI approves Synergy Metals' stake-buy in JSW Cement under green route. CCI has approved the stake acquisition in JSW Cement by Synergy Metals Investments Holding, under green channel route

Cadila arm completes sale of animal health business for Rs 2,921 crore. Cadila Healthcare on Thursday said its wholly-owned subsidiary Zydus Animal Health and Investment has completed sale of its animal healthcare established markets

OneCode raises mn led by Sequoia Capital's Surge, Nexus Venture Partners. OneCode's mission is to digitise 50 million sales agents across India, and bridge the gap between brands and potential buyers

IFC invests .5 mn in MedGenome to increase Covid-19 testing in India. International Finance Corporation, member of the World Bank Group, is investing .5 million in genetic diagnostics and research company MedGenome to increase access to Covid-19 testing in India

Amazon expands fulfillment network in India across an area of 10 mn sq feet. Amazon India's overall fulfilment network will be spread across a floor area of more than 10 million square feet which is more than the land size of 125 football fields

BharatPe aims bn in annualised transaction processed value from POS biz. BharatPe on Thursday said it is planning to scale up its POS business by three times and has set a target of bn in annualised transaction processed value by the end of 2021-22.

NTPC achieves faster cumulative generation in FY22 so far than last year. NTPC Group companies have achieved over 100 Billion Units (BU) of cumulative generation in the current financial year at a much faster rate than last year.

Amid robust retail demand, Zomato IPO oversubscribed 1.3 times on Day 2. Zomato's initial public offering was oversubscribed 1.3 times on the second day of the offering with retail investors continuing to bid for shares of the food delivery platform. The offer received bids for 95.44 crore equity shares against an IPO size of 7

J&J recalls sunscreen products after carcinogen found in some samples. (Reuters) -Johnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples.

Inshorts raises million from Vy Capital and existing investors. News app Inshorts on Thursday said it has raised USD 60 million (about Rs 445 crore) in funding from Vy Capital and existing investors. Inshorts also operates a location-based social media platform Public. With this, the company has raised USD 140 million

Vedantu ties up with AI-based interactive digital books platform Pedagogy. The Tiger Global-backed edtech firm intends to make Pedagogy's unique product accessible to Vedantu's 30 million students at an affordable price.

Wipro Q1 PAT jumps 36% YoY to Rs 3,243 crore, beats Street estimates. Its consolidated revenue from operations rose to Rs 18,252.4 crore from Rs 14,913.1 crore in the year-ago quarter

Wipro Q1 net profit jumps 36% YoY to Rs 3,243 cr. Consolidated revenue rose 22% to Rs 18,252 cr

Ola opens bookings for its electric scooter at refundable price of Rs 499. Those who reserve early will get priority delivery

BSES to replace expensive thermal PPAs with green power and save money. The discom has estimated that it will save Rs 800 crore by cancelling these PPAs

Netflix plans to offer video games in push beyond movies and TV shows. The games will appear alongside current fare as a new programming genre: similar to what the streaming service did with documentaries or stand-up specials.

Tata Motors launches new brand Xpres to cater to the fleet segment. The segment aims to address demand from corporates, state govts; brand will have multiple engine options, including petrol CNG and electric and specific models

RBI bars Mastercard from onboarding new customers in India from July 22. The ban is only on adding new domestic customers to its network; no impact on its existing customers

Marico acquires 60% stake in Apcos Naturals that owns 'Just Herbs'. The stake will be acquired over a period of two years through primary infusion and secondary buy-outs

Air India tells HC no favouritism in passenger service system contract. Responds to suit by Amadeus rival Sabre challenging the tender process, says selection of costlier Amadeus bid will give it an edge over peers

SpiceJet ties up with eee-Taxi to deploy EVs for employees' movement. SpiceJet said it has tied up with startup eee-Taxi to deploy a fleet of electric vehicles for movement of its employees so that the logistics cost, travel time and carbon footprint can be reduced.

Infosys says income tax portal functioning 'single largest priority'. Infosys said it is focused on "expeditiously" resolving issues related to the new income tax portal and termed it as the "single largest priority" for the company at the moment.

L&T Tech Q1 net jumps 84%, upgrades revenue growth guidance for FY22. L&T Technology Services (LTTS) on Wednesday reported an 84 per cent jump in its June quarter net at Rs 216.2 crore, largely on widening margins. The city-based company, the engineering and research and development services arm of the infra major L&T, had p

Pandemic led to structural changes across industries: Wipro's Rishad Premji. Says WFH is becoming the new normal; doesn't foresee having all employees all the time in the office, sees hybrid model of work taking over

Adani Transmission gets shareholders' approval to raise up to Rs 2,500 cr. Adani Transmission has got shareholders' nod to raise up to Rs 2,500 crore in one or more tranches through issuance of equity shares, securities according to a regulatory filing by the company

Facebook, Instagram to invest over billion in content creators. The investments will include bonus programs to pay creators who hit certain milestones on its apps, including photo-sharing network Instagram, and fund users to produce content, Facebook said.

First new Maruti Suzuki unit in Haryana can make 250,000 cars a year. The investment for the first unit would be to the tune of Rs 5,000-Rs 7,000 crore

Maruti Suzuki plans Rs 18,000 cr investment for new Haryana plant: Report. Company chairman says state's policy reserving jobs in private companies is an 'issue to be sorted out'.

Recovery of Rs 3,000 cr from 95 IL&FS entities to spill beyond Mar 2022. According to the Board, by March 2022, around Rs 58,000 crore, or 98 per cent of the estimated amount will be recovered

HDFC Bank considers its first offshore bond to boost its buffers. It would be only the second such offshore offering from an Indian bank after State Bank of India sold such securities in 2016.

Apple seeks 20% rise in new iPhone production for 2021, sees more demand. Tech giant has maintained a consistent level in recent years of roughly 75 million units for the initial run of the device.

JSW Energy to seek shareholder approval to raise up to Rs 5,000 crore. JSW Energy on Wednesday said it will seek shareholders approval to raise up to Rs 5,000 crore via equity shares, bonds and other such securities in its annual general meeting on August 4, 2021

IndiGrid acquires 100 MW solar assets from FRV for Rs 660 crore. Infrastructure investment trust IndiGrid said it has completed the acquisition of entire stake in two solar energy assets from FRV at an enterprise value of Rs 660 crore

Mukesh Ambani-backed company helps refineries keep running in pandemic. Detect Technologies' has a real-time pipeline monitoring system that tracks leaks and corrosion using sensors.

95% Indian firms to continue with remote work for next two years: Survey. The survey also found that 89 per cent of respondents believe implementing a work-from-home policy has led to an increase in security challenges faced by their organisation

Zomato IPO subscribed 36% in early hours, investors across segments bid. The initial public offering of food delivery platform Zomato opened on Wednesday, with more than 36 per cent of shares offered being subscribed in the initial hours. The offer received bids for 26.10 crore equity shares against an IPO size of 71.92 crore,

Wipro Q1 preview: PAT may jump 14-19% YoY; eyes on EBIT margin, guidance. Wipro Q1 preview: Nomura expects Q1 PAT to come in at Rs 2,732.1 crore, up 14.3 per cent YoY

AI-based logistics firm Shyplite launches Shypmax supply chain solution. Shypmax is now live for deliveries to 40+ countries and will be covering delivery to 220 countries progressively

Zomato IPO gets Twitter buzzing with tweets from startup community. Deepinder Goyal 'stress eating', Vijay shekhar Sharma of Paytm cheers along

Quess Corp counters I-T dept, denies 'concealing' income of Rs 880 cr. Manpower outsourcing company Quess Corp has denied concealing any income after the IT department claimed that it has revealed undisclosed income of around Rs 880 crore

Maruti lines up Rs 18,000 cr investment for Haryana manufacturing plant. The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official.

Infosys Q1 PAT jumps 23% YoY to Rs 5,195 cr; ups FY22 guidance. The company's Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 per cent YoY, as against Rs 23,665 crore posted in the June quarter of FY21

B2B e-commerce co Moglix names Mukund Vasudevan SVP-strategic partnerships. An alumnus of IIT Bombay and Booth School of Business, University of Chicago, Vasudevan has held leadership positions at Ecolab, Pentair, Schlumberger, and McKinsey

Snapdeal, FLO tie up to launch program to digitise women-owned businesses. E-commerce player Snapdeal on Wednesday said it has signed an agreement with FICCI Ladies Organisation (FLO) and has launched an online program to help women-led SMBs in the country

ITC augments investment in e-commerce, accelerates digital transformation. ITC Ltd has augmented its capability in emerging modes such as e-commerce and modern trade channels with "sharp-focused investments"

Covid second wave poses challenge for FMCGs, may blunt rural demand: ITC. There is a perceptible shift with consumers adopting a more precautionary savings approach with resources being set aside for medical needs.

Mahindra Lifespace Developers shifts gear; charts aggressive growth plans. The company, which lagged peers Godrej Properties and Prestige Estates Projects, seeks to invest Rs 500 cr every year in buying land parcels for new projects

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