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NSE share market NEWS tomorrow (08 April, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 April, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 April 2021

Jsw Steel was amongst the top gainers, currently trading at 614.10 in NSE with 3.596 times change in volumes and 9.212% change in price. Other gainers included Jindal Steel with 6.906% price change and 2.658 times volumes, Steel Authority with 6.459% price change and 2.584 times volumes, Oracle Financial with 5.236% price change and 2.245 times volumes, and Phoenix Mills with 5.149% price change and 0.349 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.

Idea Cellular was amongst the top losers, currently trading at 9.40 in NSE with 1.07 times change in volumes and -3.59% change in price. Other losers included Rail Vikas with -2.965% price change and 0.823 times volumes, Cholamandalam Investment with -2.612% price change and 0.742 times volumes, Adani Green with -2.566% price change and 0.808 times volumes, and Kpit Technologies with -2.314% price change and 0.336 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.

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

Sebi imposes penalty of Rs 25 cr on Mukesh Ambani, Anil Ambani, others. The charge: Promoter stake in RIL raised by 6.83% in Jan 2000, on conversion of warrants issued in 1994, without making open offer as per SAST rules of 1997

Groww's valuation shoots past billion with mn Series D funding. Funding round was led by Tiger Global; The company has so far raised a total of 2 million

Vedanta open offer subscribed just 58% after failed delisting bid. Following open offer, promoter holding in Vedanta is set to rise by 10%. Currently, promoter group holds 55.1%. Had the maximum 651 mn shares been tendered, promoter stake would have risen to 72.6%

Numaligarh Refinery evaluates re-entering fuel retail biz via petrol pumps. Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

Mobile makers invest Rs 1,300 crore under PLI Scheme in 2020 Dec qtr: Govt. Mobile manufacturers shortlisted under a production linked incentive scheme invested Rs 1,300 crore and produced goods worth around Rs 35,000 crore in the 2020 December quarter

Accenture buys cloud analytics firm Core Compete for undisclosed sum. Core Compete enables digital transformation with cloud-native solutions that deliver AI and ML-based biz outcomes. It has clients across US and UK, with focus on supply chain, retail and fin services

Titan continues to see strong growth momentum in Q4. The jewellery division continued to see strong sales momentum in Q4, reflecting the strong market share gains, says the Bengaluru-headquartered company

PLI scheme for food processing industry well received by companies: Govt. The government on Wednesday said the production-linked incentive scheme for the food processing industry has been well received by companies like Nestle, ITC, Britannia, KeventerAgro and Amul.

Samsung turns old Galaxy smartphones into medical diagnosis cameras. Samsung Electronics is repurposing its old Galaxy smartphones into medical diagnosis cameras to enable greater access to ophthalmic healthcare in India, Vietnam, Morocco and Papua New Guinea.

Wipro appoints ex-Walmart exec Subha Tatavarti as Chief Technology officer. IT services major Wipro Limited on Wednesday said it has appointed former Walmart executive Subha Tatavarti as its Chief Technology Officer.

1mg starts healthcare service for seniors in Columbia Pacific Communities. Columbia Pacific Communities is a senior living community operator with close to 1,600 residential units under management in five cities and nine communities across India

How the second Covid-19 wave could mar the summer of recovery for airlines. Occupancy in airlines is down to 60 per cent as number of cases rises and states impose travel curbs

Bharti AXA Life, Fincare SFB join hands for bancassurance partnership. Bharti Axa Life and Fincare Small Finance Bank have joined hands for a bancassurance partnership under which the bank will sell insurance policies to its customers.

Govt asks drug makers to ramp up remdesivir production to full capacity. The government on Wednesday said that all seven manufacturers of remdesivir in the country have been asked to ramp up production to full capacity by next week.

Flipkart V-P and group general counsel Bijoya Roy quits e-commerce giant. Roy has joined French spirits group, Pernod Ricard, as general counsel for South Asia and will take up the new role on April 12, 2021, according to the sources

Remdesivir output to be ramped up as Covid-19 cases rise sharply. Zydus had recently also slashed prices of its remdesivir brand Remdac to Rs 899 per dose

ReNew Power lines up billion over 4 years in India's green push. The company plans to triple capacity to 18.5 Gw by 2025

India's E-pharmacy segment mints its first unicorn, raises 0 million. The firm is already raising its next round at a valuation of about .8 billion, the person said, wishing to remain anonymous as the fresh round is still underway

Dixon, Bharti Enterprises to form JV for manufacturing telecom products. Dixon Technologies on Wednesday said it has entered into a pact with Bharti Enterprises to form a joint venture to manufacture of telecom and networking products

India's Trifecta Capital files for Rs 1,500 crore late-stage VC fund. Trifecta Capital is planning a Rs 1,500 crore-late stage venture capital fund that will invest in new economy companies that are likely to pursue an initial public offering in the medium term

OYO founder-CEO Ritesh Agarwal clears the air on bankruptcy rumours. The confusion stemmed from a case filed with NCLT, which is listed for hearing on Thursday. Agarwal took to Twitter to quash the rumours

Vivo ropes in Virat Kohli as brand ambassador ahead of IPL 2021. Chinese smartphone major Vivo on Wednesday said it has appointed cricketer Virat Kohli as its brand ambassador.

Mukesh Ambani India's richest in Forbes list, followed by Gautam Adani. Reliance Industries Chairman Mukesh Ambani reclaimed the top spot in the Forbes list of India's 10 richest billionaires with a net worth of .5 billion

Started by former Paytm execs, food firm Daalchini onboards marquee clients. Apart from TCS, Byju's, Cognizant and others, the enterprise has also tied up with leading managed office spaces such as Smartworks and 91Springboard that house thousands of professionals

IL&FS sells environment arm to Eversource; pares total debt by Rs 1,200 cr. Transfers 4,000 employees, including consultants, to new promoter; saves Rs 50 cr a year in the process

Flipkart Wholesale starts shopping sale to boost savings for small kiranas. Aim is to enhance savings for small retailers across the country and ensure their safety through e-commerce orders and speedy doorstep delivery.

Vehicle scrapping: M&M inks agreement with Mahindra MSTC Recycling. Mahindra MSTC is into acquiring used/end-of-life vehicles for dismantling and scrapping. The pact will enable M&M customers to get a hassle free and transparent deal under one roof

Airtel announces 5G ready platform to fuel 'World of Connected Things'. Telecom operator Bharti Airtel announced an integrated platform that enables enterprises to leverage the power of the Internet of Things (IoT) and gear up for the emerging era of 'connected things'

Bharti Airtel sells spectrum worth Rs 1,497 crore to Reliance Jio. Jio will acquire 3.75 MHz in Andhra Pradesh, 1.25 MHz in Delhi, and 2.5 MHz in Mumbai

Adani Group becomes 3rd Indian conglomerate to cross 0 billion in m-cap. Gautam Adani's ports-to-energy conglomerate has become India's third group to cross USD 100 billion in market capitalisation with shares of four of its six listed companies soaring to an all-time high

Indian outsourcing outshone world in pandemic; BofA added 3k jobs: Official. Bank of America (BofA) has added around 3,000 more jobs in India during the pandemic, and the country has outshone the world because of its ability to thrive in chaos, a top official said

Adani group combined market cap tops 0 billion. Currently, only Tata group, HDFC group and Mukesh Ambani-led Reliance group have higher market cap at the group level

Triumph launches all-new Trident 660 model in India, priced at Rs 6.95 lakh. Triumph on Tuesday launched an all-new Trident 660 model in India at an introductory price of Rs 6.95 lakh (ex-showroom), making its foray into the middleweight roadster segment

Department of Telecom files affidavit before Supreme Court on AGR payments. The Department of Telecom has filed an affidavit before Supreme Court on the status of statutory dues paid by telecom operators, a government official said on Tuesday

SII to start supplying 1st India-made pneumococcal conjugate jab to govt. The Serum Institute of India (SII) will start supplying the first indigenously developed pneumococcal conjugate vaccine to the Centre from Wednesday, sources said on Tuesday

Cholamandalam Investment part of Vishwakarma consortium for NUE licence. The others in the consortium are Financial Software and Systems (FSS), Zoho, Zerodha, Razorpay, Ujjivan Small Finance Bank, and Airpay

Axis Bank entities close deal with Max Life Insurance, become co-promoters. Axis stake at 12.99%, will nominate three directors to Max Life's board

Reliance Industries, other energy majors form hydrogen coalition. Led by domestic energy giant Reliance Industries, many global energy and industrial players on Tuesday came together to form a new energy transition coalition, called the India H2 Alliance (IH2A)

Haryana allots 140 acre to Flipkart for its largest Asia fulfilment centre. The location is in Patli Hajipur in Gurugram district's Manesar

RIL and America's Chart Industries co-lead new Hydrogen industry body. Aim is to develop hydrogen production and storage, industrial and transport use-cases

Tata Steel production remains almost flat at 7.4 mt in Jan-Mar quarter. Domestic steel giant Tata Steel on Tuesday said its consolidated steel production remained almost flat at 7.4 million tonnes (MT) in the quarter ended March 31, 2021.

Max Group sells 13% stake in Max Life to private lender Axis Bank. Diversified Max Group has sold a 13 per cent stake in Max Life Insurance Company to the country's third largest private sector lender Axis Bank, which will now be a co-promoter of the insurer.

Pay Rs 79-cr GST dues to operate bank accounts, HC tells ByteDance. The indirect taxes department has accused ByteDance of evading taxes and not paying its GST dues in full, a charge denied by the Chinese firm

Amazon violated employees' rights by firing outspoken workers: Labour board. The National Labour Relations Board has found that two outspoken Amazon workers were illegally fired last year

KKR completes bn Asia fund, says it has 'tremendous potential'. The firm said in January it had completed its inaugural pan-regional infrastructure and real estate funds: the US.9 billion Asia Pacific Infrastructure Investors Fund and US.7 billion Asia Real Es

Saregama inks global music licensing deal with short video platform Triller. Saregama on Tuesday announced a global music licensing deal with short format video platform Triller

Flipkart partners with Mahindra Logistics to accelerate use of EVs. Walmart-owned Flipkart, in partnership with Mahindra Logistics, will deploy over 25,000 EVs in the fleet by 2030, according to a regulatory filing

S&P upgrades Tata Steel's rating to BB- on deleveraging, operating momentum. In the base-case scenario, Tata Steel's adjusted debt could decline by about 30 per cent by March 2023 from the March 2020 level of about Rs 1 trillion

India Inc must separate CMD post, deadline won't be extended: Sebi. The Securities and Exchange Board of India (Sebi) has asked Indian companies to work towards separating the roles of chairperson and managing director (MD)

JLR commences Jaguar F-PACE bookings in India, deliveries to begin in May. Jaguar Land Rover India on Tuesday said it has commenced bookings for the updated version of F-PACE SUV

Steel prices hiked by Rs 5,000 a tonne on global rally, iron ore rises too. The last time steel price rose was in Jan when it touched an all-time high. But it came off those highs as China moved into the new year holiday season on pressure from end users in domestic market

IT major Wipro appoints Sarah Adam-Gedge as MD for Australia, New Zealand. IT services major Wipro Ltd on Tuesday said it has appointed Sarah Adam-Gedge as Managing Director for its Australia and New Zealand (ANZ) operations. She has worked in project and service-based consultancies for more than 25 years across Australia and New

Tata Motors opens ten new PV showrooms in Delhi-NCR within a 24-hour span. Tata Motors on Tuesday said it has opened ten new full-range passenger vehicle showrooms in Delhi NCR in a single day as part of its plan to expand sales network across the country

Average spot power price jumps 65% to Rs 4.06/unit in March at IEX. Average spot power price rose by 65% to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange mainly due to increase in demand on account of rise in temperature

Ola Electric names Hyundai veteran Yongsung Kim as global sales head. With 35 years at Hyundai Motor and Kia, Yongsung brings global auto sales experience from North America, Europe, UK, Middle East, Africa, ASEAN and Asia Pacific

CRED raises 5 mn in Series D; enters Unicorn club with .2 bn valuation. Company initiates Esop buyback worth million

Airtel to transfer 800 MHz spectrum in 3 circles to Jio for Rs 1,038 cr. Gopal Vittal, MD and CEO of Airtel said that the sale of the 800 MHz blocks has enabled the company to unlock value from spectrum that was unutilised

AR-based toy startup PlayShifu raises mn in Inventus-led Series B round. Existing investors Chiratae Ventures and Bharat Innovation Fund also participated in the round. With this round, the company has so far raised a little over mn

HDFC to acquire 10% stake in Kerala-based asset management firm. Mortgage lender HDFC Ltd on Monday said it will acquire 9.90 per cent stake in Kerala-based infrastructure fund management company KIFML.

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