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NSE share market NEWS tomorrow (13 October, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 October, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 October 2021

Tata Power was amongst the top gainers, currently trading at 224.20 in NSE with 2.906 times change in volumes and 14.505% change in price. Other gainers included Sona Blw with 13.886% price change and 5.877 times volumes, Union Bank with 11.98% price change and 1.799 times volumes, Bharat Heavy with 8.003% price change and 1.46 times volumes, and Indian Hotels with 8% price change and 1.353 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.

Srf was amongst the top losers, currently trading at 2405.60 in NSE with 2.574 times change in volumes and -80.689% change in price. Other losers included Suzlon Energy with -3.401% price change and 0.442 times volumes, Maruti Suzuki with -2.751% price change and 2.666 times volumes, Prestige Estates with -2.696% price change and 1.073 times volumes, and Nhpc with -2.658% price change and 1.682 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.

Invesco's conduct lacks transparency, says Zee Entertainment. Zee said it is dismayed that in the open letter, Invesco has also cast unsubstantiated aspersions on Zee's management and has made comments in relation to the 'permissive culture' of the Board

Air India unions threaten strike from November 2 to retain staff quarters. The unions said employees have been asked to give an undertaking by October 15 that they would vacate the staff quarters

Education startup Playto Labs raises Rs 4 cr in seed funding from IPV. The funds raised will be used in building a strong team and expanding its customer base

HCL Tech Q2 preview: Revenue to rise 13% YoY; margin impact keenly eyed. Most analysts eye a double-digit revenue growth for HCL Technologies between 12 and 13 per cent year-on-year for the second quarter of the financial year 2021-22

D2C jewellery brand Melorra raises mn in funding round led by 9Unicorns. Melorra's vision is to bring the fast-fashion model into jewellery, where they launch a new collection every week and 75 designs every Friday

VerSe Innovation acquires social networking app GolBol for undisclosed sum. GolBol's entire team including co-founders will join VerSe to help accelerate the work being done to modernize and multiply the impact of Josh

IndiGo sees Tata as 'formidable competition' after Air India deal. Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd, as well as budget airline AirAsia India.

Hero MotoCorp joins hands with Gilera to expand operations in Argentina. Hero MotoCorp on Wednesday said it has tied up with Gilera Motors Argentina to reinvigorate and expand its operations in one of the key markets in South America

InMobi to acquire London-based app ads performance tracker Appsumer. Appsumer has been the intelligence platform of choice for consumer brands such as Miniclip, Picsart and Viber. It was funded by Galvanise Capital and named a Top-100 UK startup

OYO appoints Paralympian Deepa Malik as independent director. Malik was a silver-medalist at the 2016 Paralympic Games

Roposo launches creator-led live entertainment commerce for shoppers. Live commerce, a format that allows users to shop online while watching live video streaming events, could hit 0 bn in sales in China this year. It is still at a nascent stage in India

Coca-Cola India extends partnership with Sourav Ganguly as brand ambassador. Beverage major Coca-Cola India on Wednesday said it has extended partnership with former Indian skipper and BCCI President Sourav Ganguly as its ambassador for another three years. Ganguly, now President of the Board of Control of Cricket in India (BCCI),

Cement demand to remain strong in FY22 on rural, infra requirement: Icra. Capacity additions to keep utilisation levels under check in FY22, FY23

Wipro Q2 net profit rises 19% to Rs 2,931 cr. Consolidated revenue rose 30% on an annual basis at Rs 19,670 crore

Beauty and personal care co Plum to open 50 offline stores in India by 2023. The company has a three million-strong customer base and serves 300,000 customers a month; opens its first-ever exclusive store at R-City Mall in Mumbai

Infosys Q2 results: Consolidated net profit rises 12% to Rs 5,421 cr. The company's board approved dividend of Rs 15 per share

Puravankara to invest Rs 420 cr for two projects; eyes Rs 1,250 cr revenue. Puravankara has completed 74 projects measuring over 42 million square feet area and over 22 million square feet of projects are under development.

Wipro Q2 profit drops 10% sequentially to Rs 2,931 cr, IT revenue up 7.6%. The firm expects revenue from IT Services business to be .63-2.68 billion for the December quarter, translating to a sequential growth of 2-4%

Infosys Q2 net profit rises 12% YoY, firm raises FY22 revenue guidance. The company forecast revenue to rise between 16.5% and 17.5% in the financial year to March 2022, compared to its July prediction of 14% to 16% growth

OYO names silver-medallist Paralympian Deepa Malik as independent director. Joins three other independent directors and one nominee director, besides Ritesh Agarwal who is the chairman

Amazon rigged search results to promote its own products in India: Report. Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines

State-owned Punjab National Bank reduces gold loan rates. PNB is also offering a full waiver of service charges/processing fee on the loans against gold jewellery and SGB, similar to home loans and vehicle loans announced recently

Toch.ai raises .75 mn to scale up tech infra, expand into global markets. The 4 bn digital video content and advertising industry has long been plagued with time-consuming, manual processes and Toch.ai is addressing that problem using technology

Regret being drawn into the dispute between Zee and Invesco: Reliance. 'Never resorted to any hostile transactions,' clarifies RIL

Consumer technology brand Nothing raises additional million. The company plans to use the fund towards research and development in preparation for the brand's entry into new product categories as part of its ecosystem.

SpiceJet revamps website with latest technology, improved features. It said the new website is designed to facilitate quick changes, making fast introduction of new products and offers to the customers.

Was in talks for acquiring Zee but never planned hostile takeover: RIL. Says Invesco facilitated negotiations, but the deal fell through after talks between Invesco and Zee promoters broke down

Mindtree second quarter net profit up by 57% to Rs 399 crore. The company had posted a net profit of Rs 253.7 crore in the corresponding quarter a year ago.

Dish TV board unanimously agrees not to call an EGM as proposed by Yes Bank. The board of Dish TV "unanimously agreed that EGM cannot be called, as sought by Yes Bank Ltd" to remove its Managing Director Jawahar Goel along with four other directors, besides others

Court summons Netflix and its officials in a criminal case filed by Sahara. Court of Special Chief Judicial Magistrate, Lucknow issued summons to Netflix India Director Abhishek Nag, documentary director Nick Read, and Netflix Producer Reva Sharma, directing their appeara

VC firm Antler raises over 0 mn, expands focus to invest up to Series C. VC firm Antler fund raising: Primary focus to remain pre-seed stage funding as it seeks to invest in the world's "most exceptional people"

Rohit Sharma named brand ambassador of Infinity Learn. The cricketer will be the face of Infinity Learn's multi-channel marketing campaign and brand activities

World Steel Association elects JSW Steel's Sajjan Jindal as Chairman. The World Steel Association on Wednesday said that it has elected JSW Steel Chairman and Managing Director Sajjan Jindal as its Chairmanfor the 2021-22 period

Top headlines: RIL clarifies on ZEE merger deal; Infosys Q2 net rises 12%. Business Standard brings you the top headlines on Wednesday

Dish TV board cites rules, rejects YES Bank's demands to hold EGM. The lender, which holds 25.93% stake stake in Dish TV, had sought the removal of the firm's directors Jawahar Lal Goel and four others, and appointment of its own nominees

Infosys to hire 45,000 freshers in FY22 after spike in Q2 attrition numbers. Company COO Pravin Rai says the current scale of war for talent was not seen in past three decades

Steel production needs to be decarbonised, says new worldsteel chief. Newly elected worldsteel Chairman Sajjan Jindal on Wednesday called for a joint effort of the industry to "build cleaner future" by working towards decarbonising steel production.

Reliance New Energy Solar to invest in NexWafe as strategic lead investor. Reliance, through this partnership, will secure access to NexWafe's proprietary technology and plans to build large-scale wafer manufacturing facilities in India using NexWafe processes and technology

Reliance Industries invests nearly million in Germany's NexWafe. The investment, expected to be completed this month, will accelerate product and technology development for NexWafe

Air India revival to help boost Delhi airport hub traffic, says DIAL chief. GMR-run Delhi airport expects hub traffic to surge to 25 per cent in three years as the now cash-strapped Air India will expand its domestic and international network under the stewardship of Tatas

At -bn value, interest in GSK's arm may lead to biggest-ever buyout. Advent International, CVC Capital Partners and KKR are among potential suitors for GSK's consumer unit

Air India sale kicks off privatisation drive, next up LIC listing: Official. Tuhin Kanta Pandey, spearheading the drive to sell state enterprises or shut them down, said the government hoped to complete the valuation exercise of LIC by November-December

Tata Motors to invest billion in EVs after fundraise from TPG. "The aim is to lead the EV charge in the market," said Shailesh Chandra, head of Tata Motors' passenger vehicles business

ReNew expects to commission 10.2 GW renewable energy capacity by FY23. Renewable energy firm ReNew Power is looking to commission its 10.2 gigawatt (GW) capacity by financial year 2022-23. In a statement on Tuesday, ReNew said it also expects to generate an annual EBITDA (earnings before interest, taxes, depreciation, and amo

TPG to invest billion in Tata Motors' electric vehicle subsidiary. The EV business in the commercial vehicles segment will remain with the parent company and is out of the purview of this deal

Invesco pushed large Indian group's 'bad' deal: Zee Entertainment. Proposal would have led to Rs 10,000-cr loss to shareholders, says firm

Amazon India to provide 20,000 digital devices to underprivileged students. E-commerce company Amazon India on Tuesday said it will directly provide 20,000 digital devices to students from underprivileged communities to empower them for a brighter future

Airlines can now operate at full capacity, flight restrictions lifted. The decision was taken following a review of the current status of scheduled domestic operations, the ministry said in its order on Tuesday

Foxconn's Bharat FIH opens research, development centre in Chennai. Electronic manufacturing services firm Foxconn's subsidiary Bharat FIH, formerly known as Rising Stars Mobile India, has opened a research and development centre at the IIT Madras Research Park in Chennai, the company said on Tuesday. It will be among the

Looking forward to investing 'even more' in India: Bain Capital. Bain Capitalis looking forward to investing even more in the country and the next decade will be very important for both India and the US to work together to build businesses on a global basis

Air India deal burnishes India equity appeal as China cracks down on firms. The carrier's sale could pique interest in a number of state-run firms in which the government intends to divest stake.

Wipro Q2 preview: Analysts see 25-29% YoY revenue jump; Q3 guidance key. Brokerage Sharekhan pegs Wipro's September quarter revenue at Rs 19,444 crore over Rs 15,114.50 crore posted in the corresponding quarter a year ago

Former State Bank of India chief Rajnish Kumar joins BharatPe as chairman. He will be involved in defining the company's short-term and long-term strategies, and will so work closely with the other Board Members and CXOs

Infosys Q2 preview: IT major could increase revenue guidance for FY22. Most analysts forecast a nearly 20 per cent year-on-year (YoY) jump in Infosys' revenue during the second quarter of the financial year 2021-22 (Q2FY22)

To boost CIRP outcomes, IBBI limits change in resolution plan to once. Gives option for a challenge mechanism, curbs discretion of CoC in considering certain resolution plans.

ReshaMandi raises million from Creation Investments, others. Founded in May 2020, ReshaMandi provides a full-stack digital ecosystem, starting from farm to fashion

M2P Fintech raises mn from Tiger Global to expand API platform globally. M2P's platform powers some of the leading banks, fintechs, and consumer internet companies across Asia becoming the leading fintech enabler in the region

Edtech firm Creative Galileo gets .5 mn in funding led by Kalaari Capital. Kalaari Capital's investment came from CXXO, an initiative to promote female founders in India's start-up ecosystem.

Rising prices of coal to weigh on steel companies' September qtr earnings. While the YoY show is expected to be stellar on low base and high realisations, QoQ profit growth is estimated to be weak for most players

Future awaits Singapore arbitration verdict; Amazon says not settling. Amazon says its openness for a dialogue should not to be 'misconstrued as an offer for settlement'

TDSAT asks DoT not to encash BGs against Airtel, VIL till next hearing. Telecom tribunal TDSAT on Tuesday asked the Department of Telecom to put on hold the encashment of bank guarantees in the penalty case of Bharti Airtel and Vodafone Idea till the next date of hearing.

Google, Temasek back Indian neo-banking firm Open with 0 mn investment. Open plans to use the funds to strengthen its leadership in SME neo-banking space. taking the total SME base from 2 million at present to 5 million in India and expand its services to South East Asia

Venture debt firm BlackSoil provides Rs 35 cr growth capital to 5 startups. Investor says unique business positioning of the five firms and ability to survive through adversities like Covid is what made them attractive propositions for BlackSoil

Myntra concludes its festive sale with record 52 mn visitors, 8 mn orders. Held between October 3-10, Myntra's event had 7.6 billion homepage impressions. There were 9,000 orders per minute at peak; 45% of demand came from tier-2 and 3 cities

Flipkart Wholesale sees 70% e-commerce adoption by kiranas at festive sale. Over 500,000 kiranas across 10,000 pin codes in 24 states and union territories shopped on the platform and through the Flipkart Wholesale Best Price stores

Virtual events platform Hubilo raises 5 mn for global expansion. The investment signals a change in ways people engage and share experiences at a time when uncertainty about Covid-19 has seen cancelled events and delayed a return to traditional office environment

TPG Rise to invest Rs 7,500 cr in Tata Motors' EV arm at .1-bn valuation. TaMo and TPG Rise Climate have entered into a binding agreement under which TPG Rise Climate along with its co-investor ADQ, will invest in a subsidiary of TaMo that will be newly incorporated

Small towns will write next chapter of India's startup story: Oyo CEO. Small towns will write the next chapter of India's startup story, OYO Founder and Chairman Ritesh Agarwal said on Tuesday, as he extended his support to four startups from Ladakh and the Himalayan region that are part of the Naropa Fellowship programme. Na

Concor strategic sale not happening this fiscal: DIPAM Secretary. For Concor, the post privatisation rail land usage policy is yet to be finalised by the Ministry of Railways and hence the EoI could not be issued.

NTPC says Delhi discoms scheduling only 70% of power available with them. On Monday, Chief Minister Arvind Kejriwal had said that the power situation is "very critical" in the entire country.

Tata Sons' board takes stock of Air India acquisition. The company will be raising around Rs 15,000 crore as debt from banks to fund Air India acquisition

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report. In light of surged global sugar prices, the export prospects look promising for the upcoming sugar season even if export policy isn't announced: Report

Govt accords 'Maharatna' status to Power Finance Corporation. An order to this effect was issued on Tuesday by the Department of Public Enterprises, under the Ministry of Finance.

Spectrum reforms, future allocation norms will ease burden on telcos: COAI. COAI said spectrum reforms notified by government including removal of financial bank guarantee requirements, and scrapping of SUC for future auctions would ease financial burden on operators

Top headlines: IMF says India to grow 9.5%; retail inflation at 5-month low. Business Standard brings you the top stories from today

Bharti Group's OneWeb ties up with Isro to kick off India chapter. Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Airtel, Vodafone Idea move telecom tribunal against DoT's demand notice. DoT had recently issued demand notices to both the telcos to pay cumulative Rs 3,050 crore in penalties in three weeks' time for violating norms by denying Reliance Jio PoIs way back in 2016

Reserve Bank of India retains advisory committee on Srei group companies. On October 04, 2021, RBI had constituted a three-member panel to assist Rajneesh Sharma, Administrator in discharge of his duties

HCL Tech, Google Cloud expand tie up for healthcare, life science solutions. HCL Technologies on Monday said it has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions for customers

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

Latest stock market News for tomorrow Access previous news reports: 1106110711081109111011111112111311141115111611171118111911201121112211231124

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NSE share market NEWS tomorrow (13 October, 2021). NSE stocks in NEWS (tomorrow)

 

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