NSE share market NEWS tomorrow (12 April, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 April, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 April 2021
Dr Reddy was amongst the top gainers, currently trading at 4996.95 in NSE with 2.58 times change in volumes and 4.971% change in price. Other gainers included Cipla with 2.191% price change and 2.694 times volumes, Max Healthcare with 0.891% price change and 2.245 times volumes, Divi S with 0.728% price change and 1.57 times volumes, and Britannia Industries with 0.396% price change and 2.104 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.
Bharat Heavy was amongst the top losers, currently trading at 45.05 in NSE with 2.089 times change in volumes and -12.524% change in price. Other losers included Dlf with -11.787% price change and 2.587 times volumes, National Buildings with -11.468% price change and 3.222 times volumes, Tata Power with -11.431% price change and 3.561 times volumes, and Indian Bank with -11.271% price change and 0.836 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.
TCS reports 15% rise in Q4 net at Rs 9,246 cr; declares dividend of Rs 15. 'We are making good progress in gaining share in the growth and transformation opportunity,' says CEO Rajesh Gopinathan
BharatPe registers 106 million monthly UPI transactions in March. Fintech company BharatPe on Monday said it has clocked 106 million transactions in the UPI QR payments category in March, and aims to grow UPI payments by three times in 2021-22. The company recorded USD 830 million worth of transactions (USD 10 billion an
TCS posts strong Q4 results helped by .2-bn order book; revenue rises 4%. The company also announced a final dividend of Rs 15 per equity share of Re 1 face value
Vodafone Idea to pay balance license fee by April 15 with interest. DoT had last week issued a show-cause notice to the telco over non-payment of license fee for the fourth quarter of FY21
Maharashtra gets India's first floating LNG storage and regasification unit. The LNG terminal is located at JSW Jaigarh Port in Ratnagiri district. The port is the first deep water, 24x7 operational private port in Maharashtra
Regulator Sebi slaps Rs 25 crore fine on YES Bank in AT-1 bonds case. The fine relates to the matter of misselling the lender's AT-1 bonds few years ago
RMZ and CPP join hands for commercial real estate development in India. RMZ Corp, one of Asia's largest privately-owned real estate owners & developers and Canada Pension Plan Investment Board ("CPP Investments") announced today that they have entered into a joint venture to develop and hold commercial office space in Chenna
India will come out of Covid-19 crisis with flying colours: Deloitte CEO. India will come out of the Covid-19 crisis that has impacted the entire world with flying colours, Deloitte CEO Punit Renjen has said, asserting that the 21st century is "India's century"
Separation of the CMD post at listed companies: All you need to know. In this podcast, we are discussing the subject of separation of the CMD post at listed companies.
Flipkart to ally with Adani to strengthen logistics, data centre infra. As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart
India auto sales down 13%, industry retreats by six years in pandemic. Companies sold a total of 18,615,588 of automobiles in FY21, lowest since FY15: Association.
Amazon to cover Covid-19 vaccine cost for more than a million in India. The e-commerce firm is supporting cost coverage for Covid-19 treatment, hospital search and coverage of prescribed Covid-19 tests
WeWork India raises Rs 200 cr to grow biz, become profitable in 2021. Coworking major WeWork India on Monday said it has raised Rs 200 crore from investors as equity and debt
Will send suitable clarification to DoT over show-cause notice: VodaIdea. Vodafone Idea Ltd (VIL) on Monday said it will be sending a "suitable clarification" to the telecom department
State-owned ONGC seeks buyers for KG gas, wants minimum .6 price. ONGC on Monday invited bids for the sale of initial 2 million standard cubic meters per day of gas from its KG basin fields
Mid-sized tech company Coforge acquires BPM firm SLK Global for Rs 918 cr. The acquisition is expected to expand Coforge's BPM operations, strengthen its financial services business, and increase presence in North America
FM Logistic India introduces EVs for deliveries within city limits. The first batch of EVs deployed by the company comprises 3-wheelers from a leading commercial vehicle manufacturer having a load capacity of 500 kg
Bharti Group-backed OneWeb to provide satellite internet in Kazakhstan. The announcement coincides with the 60th anniversary of the first human spaceflight
Bridgestone unlocks 7 million euros in 9 months, helped by Freepay. As the government had been emphasising on extending the credit term to dealers and small vendors, the company took it in the right stride
Arbitration case: Cairn Energy offers to invest .2 bn if India relents. Cairn Energy has offered to invest the entire award money in India, which includes the principal amount of .2 billion and interest of 0 million if the government agrees to enforce the award
Upstox alerts users of data breach; says funds, securities remain safe. Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe. The development comes close on the heels of reports of data breach
Sterling Holiday Resorts to have 5,000 rooms in its inventory by 2025. Sterling Holiday Resorts is looking to take the total numberof rooms in its inventory to 5,000 by 2025 as part of robust growth plans going forward, a top company official said. The company currently has over 2,400 rooms in over 35 resorts acrossIndia, inc
Cairn Energy offers to forego 0 mn if India agrees to pay principal due. The Scottish firm invested in the oil and gas sector in India in 1994 and a decade later it made a huge oil discovery in Rajasthan
Facebook spent million on Mark Zuckerberg's security in 2020. "He is synonymous with Facebook, and as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg," read the statement
Franklin Templeton unitholders to get Rs 2,962 cr in second tranche. SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,962 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the coming week
InsuranceDekho may have got Rs 1,200 cr in premium in FY21: Co-founder. Online insurance aggregator InsuranceDekho is expected to have garnered Rs 1,200 crore in insurance premium through its platform during the financial year ended March 2021, a top company official said
Amazon India launches mentor programme for startups, emerging brands. Amazon India on Sunday announced the launch of its 'Mentor Connect' programme, which is aimed at accelerating the growth of startups
Infosys to consider share buyback on April 14, announce FY21 results. IT services giant is slated to hold a board meeting on April 13 and 14 to approve and take on record consolidated financial results for Q4 and for year ended March 31, 2021
Google expanding in India to help users become digital cos: Google Cloud MD. Google Cloud, which competes with global rivals such as Amazon and Microsoft, is on an accelerated path of signing new customers every week and month in India, says Bikram Singh Bedi
IFC proposes mn debt finance for Thar Surya solar power project. International Finance Corporation (IFC) plans to debt finance the construction of Thar Surya 1 Pvt Ltd's 300 MW solar power project in Bikaner, Rajasthan by million
Ambuja Cement's strategic plan on track to expand capacity at 50 MTPA. Ambuja Cements Ltd has said it is looking at significant debottlenecking opportunities across all plants with growth plans in mid-term to reach 50 million tonnes per annum capacity
Coal India firms up Rs 40,000-crore domestic coal evacuation plan. Coal handling capacity of these 35 projects is estimated to be close to 405 million tonnes per annum (mtpa) by FY24
Morgan Stanley India Infra invests mn in connectivity solutions co iBus. iBus serves 4 mn customers in 10 cities. It currently deploys its infra at 233 commercial, residential and retail sites across the country
Show-cause notice to VIL over not paying licence fee in 7 circles for Q4. The telecom department has issued a show-cause notice to Vodafone Idea Ltd (VIL) over non-payment of licence fee for the fourth quarter of FY2020-21, with regard to some circles, sources said
IBBI upholds resolution professionals' independence under pre-pack schemes. In regulations issued on the Ordinance on pre-pack resolution, the IBBI said an insolvency professional can be appointed as resolution professional if they are independent of the corporate debtor.
J&J in talks with Centre for trial of single-shot Covid-19 vaccine. Russia's Sputnik V is another contender to get approval from the Indian drug regulator
50 mtpa capacity expansion plan is going in right direction: Ambuja Cement. Ambuja is evaluating brownfield expansions in Bhatapara and Maratha plants
Delivery start-up Dunzo eyes unicorn status, seeks 0 million funding. The app has lured people with its rapid delivery of items ranging from groceries to parcels in cities
SBI drags feet on loan to Adani firm for controversial Australian coal mine. Bank's executive committee, which will make the final decision, hasn't had discussions about the loan this year, reports Bloomberg.
Mahindra reaffirms faith in South African market with new facility. Mahindra South Africa has reaffirmed its faith in the South African market by opening a new national parts warehouse that is a third larger than its old facility
Siemens ties up with Hinduja Group for electric vehicle charging infra. Siemens Limited and the Hinduja group's Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment
ChrysCapital invests mn for minority stake in WOW Skin Science India. Founded in 2014 by brothers Manish and Karan Chowdhary, WOW Skin Science is one of India's fastest growing new-age beauty and personal care brands
Startup PumPumPum gets Rs 5.5 cr to expand used car leasing business. Company says it plans to expand to 15 cities in five years, lure millennials for clients.
True North sells Policy Bazaar stake to Serum Institute, four others. True North disclosed neither the quantum of stake sold nor the value
Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos. TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter
L&T's arm bags order to set up solar power project in Saudi Arabia. The Renewables arm of Larsen & Toubro's Power Transmission & Distribution Business has bagged an order to set up Sudair solar power project of 1.5 GW in Riyadh province of Saudi Arabia. The company did not disclose the value of the contract, but said the o
NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech. This is the fourth round of bidding process for Jaypee Infratech, which went into insolvency proceedings in August 2017
3 entities of Tata Group re-enter the Indian Steel Association fold. Bhushan Power & Steel, which was recently taken over by JSW Steel, has also re-entered the ISA fold
Deepak Kochhar's NuPower Renewables blames bank loan default on MSEDCL. The company dodged paying its principal amount and has held non-receipt of dues from Maharashtra State Electricity Distribution Company (MSEDCL) for the default
Mukesh Ambani to appeal against Rs 25-crore penalty imposed by Sebi. Reliance Industries Chairman Mukesh Ambani will appeal against the fine imposed by market regulator Sebi over alleged irregularities in a two-decade-old share issue in the company, the firm said
Vi launches new IoT offering, eyes digital India, smart city projects. Competition heats up in enterprise segment with Airtel having launched its IoT solution on Wednesday
Carbon emissions: ReNew Power set to become a Net Zero company by 2050. The company said this aligns with the 'Race To Zero' campaign, a global alliance committed to achieving net zero carbon emissions
Nucleus Software names Parag Bhise as CEO as R P Singh calls it a day. Bhise's appointment is effective April 1, 2021; Singh retires after 35 years with the company
Jio potentially saved 0 mn with recent spectrum trading deal: Report. Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about 0 million, according to a report
Srei Eqpt Finance gets 0 mn equity infusion offer from global PE funds. Company panel to negotiate and conclude talks with the PE investors; Ernst & Young will be advising on the proposed fund raising exercise
Amazon moves SC, challenges lifting of stay on Future-RIL deal by Delhi HC. Amazon has moved the Supreme Court challenging the Delhi High Court's division bench order that had vacated a stay on Kishore Biyani-led Future proceeding with its Rs 24,713 crore asset sale to RIL
State-run BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore. State-run telecom firms BSNL and MTNL have not cleared their adjusted gross revenue (AGR) dues of over Rs 10,000 crore as calculated by the Department of Telecom, according to an official source.
Vi Business forays into integrated IoT, plans expansion of cloud services. Vodafone Idea announced foray into integrated Internet of Things space for enterprises segment as it looks to transform itself from a traditional connectivity service provider to a technology company.
PLI to help create complete component ecosystem in India, says ICEA. The production-linked incentive (PLI) scheme announced by the government for air-conditioners and LED lights will help create a complete component ecosystem in India, mobile industry body ICEA said. The scheme is expected to attract global investments, gen
Mohalla Tech, Gupshup become latest entrants to the unicorn club. Six firms, including these two, have been added to the club just this week
PV retail sales rise 28% YoY, 2-wheeler registrations dip 35% in Mar: FADA. Automobile dealers body on Thursday said PV retail sales in March witnessed a growth of 28.39% to 2,79,745 units, as compared to year-ago period which saw disruptions due to Covid-19 led lockdown
India's ShareChat raises 2 mn from Snap, Twitter, others: Details here. The funding was led by U.S. venture capital firm Lightspeed Venture Partners and American investment firm Tiger, ShareChat said in a statement on Thursday
NBFC sector under pressure as Covid-19 cases rise, lockdowns resume: Fitch. Challenges likely to increase if recent restrictions to contain the pandemic are expanded or prolonged, says agency.
Online used car retailing platform Spinny raises mn in funding round. Spinny, an online platform for selling pre-owned cars, has raised million in a funding round, led by Silicon Valley-based venture capital firm General Catalyst
Zydus Cadila gets USFDA nod for cancer, high blood pressure treatment drug. Drug firm Zydus Cadila on Thursday said it has received final approval from the US health regulator to market Ibrutinib Capsules, used to treat certain cancers
Kalyan Jewellers reports revenue growth of 60% in Q4 FY'21 for India ops. Kalyan Jewellers on Thursday said it has witnessed a robust increase in consumer demand and seen revenue growth of nearly 60 per cent in its India operations in the fourth quarter ended March 31, 2021
After Airtel, Vi Business unveils integrated IoT solutions for enterprises. Vi Business, the enterprise arm of Vodafone Idea Ltd , has launched 'Integrated IoT Solutions' for enterprises
PhonePe sees rapid demand for Coronavirus insurance products as cases rise. The claims from customers of more than Rs 3.5 crore have already been paid
Mohalla Tech, parent company of ShareChat & Moj, raises 2 million. ShareChat will use the latest fund to expand in India and the US, and strengthen its artificial-intelligence powered recommendation engine, platform health and creator community
Tesla scouts for showroom space in India, hires exec for lobbying: Report. The electric-car maker in Jan registered a local company in India, where it is expected to import and sell the Model 3 sedan by as early as mid-2021, seeking to target rich customers in a niche market
Renault joins hands with CERO Recycling for vehicle scrapping programme. Automaker Renault India on Thursday said it has launched a vehicle scrapping programme in partnership with the country's first organised scrap vehicle recycling company CERO
Excess liquidity in US pushing PE and VC investment in India: Report. The report suggests that looking ahead the deal pipeline remains robust and investment teams of most large and medium-sized PE funds are working flat out negotiating multiple deals
JSW Steel output grows 6% in fourth quarter; registers 6% fall in FY21. JSW Steel on Thursday reported nearly 6 per cent year-on-year increase in its output at 4.19 million tonne (MT) for the quarter ended March 31, 2021
Indian edtech giant Byju's expands globally, launches Future School. Byju's Future School will be available in the US, UK, Australia, Brazil, Indonesia and Mexico in May and will progressively expand to more geographies in the near future
Helped 2.5 mn MSMEs in India go online, enabled exports worth bn: Amazon. Amazon India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth billion and helped create nearly one million jobs in the country
PhonePe sees rising demand for Covid insurance with increasing cases. PhonePe said on Thursday that coronavirus insurance has seen widespread adoption lately with 75 per cent of its policies bought by customers in smaller towns outside the tier-1 cities
Infosys, ArcelorMittal announce strategic tie-up for digital transformation. Infosys to deliver next-generation application and business process management services to ArcelorMittal
NCLAT orders stay on CoC formation in proceedings against subsidiary: Oyo. OYO said the NCLAT has ordered a stay on the formation of committee of creditors in proceedings under the Insolvency and Bankruptcy Code against its subsidiary Oyo Hotels and Homes Pvt Ltd
ShareChat parent raises fresh funds, becomes fifth unicorn this week. Joins the club with its latest fundraise of 2 million, valuing the company at a little over .1 billion
Gupshup becomes sixth unicorn this week, raises 0 mn from Tiger Global. Announcement came shortly after Mohalla Tech, parent firm of short video app Moj and Indic language social media platform ShareChat, said it had raised 2 mn, valuing it over .1 billion
Coal India records all-time high capex of Rs 13,115 crore in FY'21. Coal India on Thursday said its capital expenditure (capex) grew more than two-folds to hit an all-time high of Rs 13,115 crore in the just concluded fiscal
Hero MotoCorp to bear coronavirus vaccination cost of its workforce. The country's largest two wheeler maker Hero MotoCorp on Thursday said it will cover the Covid-19 vaccination cost of its workforce, including permanent and contractual employees
Amazon reveals scorching growth in India as Flipkart fight deepens. The US online giant said it has enabled exports of Indian-made goods worth billion and created over a million local jobs since it began operating in the Asian nation about a decade ago
India Inc must build digital ethics into its business model: Deloitte, BCIC. Paper cites example of cab aggregator services, where user behaviour and travel patterns ostensibly recorded to improve user experience are actually used to extract more out of the customer
PLI scheme for air conditioners fails to excite local manufacturers. Lack of incentive for incremental assembly may delay investments
French carmaker Citroen drives into India with Rs 29.9-lakh C5 Aircross SUV. In a first, company to deliver car at customer's doorstep from the factory
Dixon partners with Bharti to make telecom equipment under PLI scheme. The JV is targeting the Bharti group to pick up 80-85 per cent of the value of its cumulative sales of five years
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