NSE share market NEWS tomorrow (24 March, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (24 March, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 March 2021
Cg Power was amongst the top gainers, currently trading at 68.00 in NSE with 5.732 times change in volumes and 4.777% change in price. Other gainers included Kpit Technologies with 3.397% price change and 3.639 times volumes, Cipla with 2.171% price change and 3.259 times volumes, Inox Wind with 2.087% price change and 1.509 times volumes, and Suzlon Energy with 1.802% price change and 1.386 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.
Rail Vikas was amongst the top losers, currently trading at 27.65 in NSE with 3.564 times change in volumes and -9.195% change in price. Other losers included Aditya Birla with -5.542% price change and 1.136 times volumes, Astral Poly with -5.529% price change and 1.484 times volumes, Tata Steel with -5.174% price change and 1.771 times volumes, and Dixon Techno with -4.974% price change and 1.421 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.
Robert Bosch Engineering India creates separate unit for digital solutions. The unit will manage external business of non-Bosch customers
IndiGrid to raise equity via rights issue, use funds for expansion. County's first listed infrastructure investment trust aims to acquire Rs 8,000 crore worth of assets: CEO
Startup Voiro raises .8 mn in investment round led by Mela Ventures. This is Mela Ventures' third investment since its first close of the fund in August 2020
Another market debutant disappoints; Anupam Rasayan slips below issue price. Half a dozen companies are to make their trading debut this month, but the market is already lukewarm
Discom overdue increases 5.5-times in 5 states; disputes rising too. Bills worth Rs 12,856 crore were in dispute till January 2020, the amount has risen to Rs 15,098 crore.
Ralf Speth, ex-CEO of JLR, to take over as TVS Motor chairman in 2023. Venu Srinivasan says Speth, an industry veteran, will mentor company in its international plans.
Spacewood Furnishers looks to double revenue at Rs 1,000 cr by FY2025. The firm manufactures modular furniture
SC remits to creditors Jaypee Infratech's resolution plan for approval. The Supreme Court Wednesday remitted to the Committee of Creditors (CoC) the issue of approval of resolution plan for debt-ridden Jaypee Infratech Ltd (JIL)
Jubilant FoodWorks to bring US-based fast food chain Popeyes to India. The firm on Wednesday announced to introduce American multinational chain of fried chicken fast food restaurants 'Popeyes', to India.
Adar Poonawalla rents London mansion for ,000 a week, says report. The mansion is one of the largest residences in the neighborhood and measures about 25,000 square feet (2,322 square meters), the equivalent of about 24 average English homes
Irdai extends timeline for sale and renewal of Covid specific products. Earlier, insurance companies were allowed to offer these policies till March 31, 2021
Irdai asks insurance companies to register message template with telcos. Irdai said, the new framework by the telecom regulator is to enable policyholder protection
Amid controversy, IIM Calcutta Board accepts director Seth's resignation. Seth's position as Director-In-Charge has been replaced by Professor Subir Bhattacharya.
CCI orders antitrust probe against WhatsApp's new privacy policy. CCI said that with no fear of erosion of its userbase, Facebook-owned WhatsApp was in a position to compromise quality in terms of protection of individualised data
Prestige Estates to take over .4-billion project from bankrupt firm. The court-appointed insolvency resolution professional Jayesh Sanghrajka declined to comment when reached by phone
TVS Group's family members enter into 'brand agreement'. Entities controlled by various members of the TVS family may have executed, or will execute, similar deeds of adherence to become parties of the brand agreement.
Indian drugmaker Fresenius Kabi sentenced to pay million in US fines. The company pleaded guilty to concealing and destroying records prior to a 2013 US Food and Drug Administration (FDA) plant inspection, the Department of Justice said
HPCL-Mittal first Indian company to buy Guyanese crude Liza: Report. The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast
Adani Green Energy to buy 74.94 MW solar projects of Sterling and Wilson. Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji P
Public App raises Rs 300 crore from A91 Partners, existing investors. Social networking firm Public App on Wednesday said it has secured Rs 300 crore in funding from A91 Partners and existing investors. It had raised Rs 260 crore in funding led by Addition, SIG and Tanglin Venture Partners six months ago. "We are very excite
Grasim Industries plans to raise funds via debt securities, term-loan. Aditya Birla group firm Grasim Industries on Wednesday said it plans to raise funds by availing term loans or by issuing debt securities. The board of the company, in a meeting held on Wednesday, has approved the raising of funds, Grasim Industries said in
The focus for Spencer's Retail is profitable growth: Shashwat Goenka. We want to ensure that the new stores we open become profitable from the first year itself and add to the bottomline, said Goenka
Malabar Gold & Diamonds to invest Rs 1,600 cr on 56 stores. This is in line with the company's expansion plan to triple its retail network from over 250 showrooms this year to 750 outlets by 2023
Refunds given for 99% tickets of flights cancelled during lockdown: IndiGo. Budget carrier IndiGo said on Wednesday it has processed 99.95 per cent of the total amount owed to passengers whose flights got cancelled during the two-month lockdown
Adani Transport wins Rs 1,040 cr highway contract from NHAI in Telangana. Adani Road Transport Ltd (ARTL) on Wednesday said it has won a Rs 1039.90 crore highway project from NHAI in Telangana
TataMD announces partnership with ADL for standardising Covid-19 test kit. TataMD CHECK follows guidelines set by India's drug regulator and ADL has used it for over 10,000 Covid-19 tests, said the Tata group's healthcare venture
Ashok Leyland to induct electric buses for transporting staff. With the recent initiative of sourcing clean energy for the Ashok Leyland operations, we now move to emission-free transport, says Dheeraj Hinduja, Chairman, Ashok Leyland
Swiggy to roll out vaccine cover for its fleet of 2 lakh delivery partners. The foodtech giant would also cover the loss of pay when the partners take the time off to get vaccinated against coronavirus
Flipkart includes Bengali and Odia, says move helps 'democratic e-commerce'. Flipkart said it has now expanded to seven Indian languages spoken by nearly 75 per cent of India's population.
Dream11 parent raises 0 mn from Netflix, Airbnb investor, others. The round also saw participation from existing investors like Tiger Global, ChrysCapital
Bharti Airtel picks up stake in Avaada's solar company. Stake acquired under group captive arrangement, to source 21 MW
Saudi Aramco hints talks are on with RIL for O2C business: Morgan Stanley. Recently, Reliance Industries announced carving out of the O2C business as a separate subsidiary to support strategic partnerships
SME-focused startup Flobiz raises million from Elevation, others. Flobiz said it has raised million (about Rs 72.5 crore) in a series-A round from Elevation Capital and existing investors Greenoaks Capital and Beenext
Indian footwear makers' topline to grow 25% in FY22 on low base: Report. After revenue contraction by over a fifth in the pandemic-impacted FY21, the Indian footwear sector can look forward to a 25 per cent jump in toplines in FY22
Govt files appeal against .2-billion Cairn arbitration verdict. Will also contest the enforcement in other jurisdictions, including the UK, US
Hero MotoCorp to increase prices by up to Rs 2,500 from April 1. The price increase across the range of two-wheelers will be up to Rs 2,500, and the exact quantum of the increase will vary on the basis of the model and the specific market
Jet Airways: Kalrock-Jalan consortium seeks task force on airport slots. The consortium has made this request in its affidavit before the National Law Company Tribunal
FMCG major RB rebrands itself as Reckitt while retaining company's heritage. British FMCG major RB Plc on Tuesday said it has rebranded itself as Reckitt while retaining "company's heritage". The new brand identity and iconography is more recognisable and is designed to tell the story of the organisation's purpose and its transform
ACME Solar plans to invest .5 billion in Oman green ammonia unit. ACME has a pilot at work in Rajasthan for producing green hydrogen and ammonia
Govt to sell up to 15% stake in Rail Vikas Nigam through OFS on Wednesday. The floor price for the sale has been fixed at Rs 27.50/ share.
Overhang looming on NCR residential real estate market, says ICRA. With unsold inventory surging to around 222 million sq.ft across 170,000 units and annual absorption plunging under 15 per cent
Tata Consulting-led JV lowest bidder for Mumbai-Ahmedabad HSR consultancy. Joint Venture of Tata Consulting Engineers Limited, Consulting Engineers Group Ltd., Aarvee Associates Architects Engineers and Consultants Private Limited, PADECO Co. Ltd. has quoted the lowest bid for an amount of Rs 1,111 crores for the work 'Project Ma
Jeh Wadia steps down as Managing Director of low-cost carrier GoAir. Jeh Wadia has stepped down as Managing Director of the low-cost carrier (LCC) GoAir, while industry veteran Ben Baldanza has joined its board as vice-chairman.
Gaja Capital to raise 0 mn for new fund, IFC planning to commit mn. The fund is domiciled in India and will look to make equity investments in India
Adani Ports to buy controlling interest in Gangavaram Port for Rs 3,604 cr. APSEZ is acquiring the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL). The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals
Adani Ports to acquire controlling stake in Gangavaram Port for Rs 3,604 cr. Early this month, the company announced the acquisition of Warburg Pincus's 31.5 per cent stake in GPL for Rs 1,954 crore
Bharat Dynamics pays Rs 92 crore interim dividend to Central govt. Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking on Monday had paid an interim dividend of Rs 92.008 crore to the government of India.According to the official release, BDL declared payment of interim dividend for the fina
Samsung working on a double-folding smartphone, adding to its line up. Samsung is reportedly developing a double-folding phone to add to its lineup of foldable devices.As per The Verge, the smartphone would fold into three segments using two hinges and could be announced, "as early as the end of this year."The phone would be
Glenmark gets USFDA nod for generic high blood pressure drug. Drug firmGlenmark Pharmaceuticals on Tuesday said it has received approval from the US health regulator for its generic Diltiazem Hydrochloride extended release capsules used for treatment of high blood pressure. The company has received final approval fro
Abu Dhabi funds invest 0 million in messaging app Telegram. Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined 0 million in messaging app Telegram, a joint statement said on Tuesday.
Gurgaon-based ACME to set up green hydrogen, ammonia facility in Oman SEZ. The facility would be set up with an initial investment of .5 billion
Tata Motors continues association with IPL for fourth straight year. Tata Motors on Tuesday said its flagship SUV Safari will be the official partner for the VIVO Indian Premier League (IPL) 2021
CEOs don't expect to see a return to 'normal' course of business until 2022. The CEOs of the world's most influential companies are planning what the 'new reality' will look like post-pandemic
IPV leads seed round in FMCG startup Happy Jars. The startup currently has a turnover of Rs 2 cr in the Rs 250-crore market
Gas price for ONGC to inch up to .82, fall below for Reliance-BP. Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to .82 next week
Coal India wants to take part in solar energy auctions: Chairman. Coal India Ltd, the world's largest coal miner, could venture into solar wafer manufacturing
NCLAT closes insolvency proceedings against Jyoti Ltd after settlement. NCLAT has shut the insolvency proceedings initiated against motor and generator manufacturing company Jyoti Ltd
Airtel Africa to sell 1,424 towers to Helios for 9 million. Airtel Africa will sell 1,424 towers in Madagascar and Malawi to Helios Towers for USD 119 million, Bharti Airtel said in a regulatory filing. The two companies have also entered into agreement for tower assets in Chad and Gabon but particulars of the deal
Cipla board approves reappointment of Umang Vohra as MD & Global CEO. Pharma major Cipla on Tuesday said its board hasapproved the re-appointment of Umang Vohra as the Managing Director and Global CEO of the company for a further period of five years. The board of directorshas considered and approved the re-appointment ofUma
CEOs see greater tech spending in 2021, economy improving: Nasscom survey. About 71% CEOs expect global spend to grow in excess of 4 per cent, says survey.
Xiaomi India defers export plans due to boom in domestic demand. Smart devices maker Xiaomi India on Monday said it has deferred plans to export from the country due to a massive spurt in domestic demand post the COVID-19 lockdown.
Indian video app Moj announces partnership to promote travel to UAE. Fourteen creators will go on a five-day trip to Ras Al Khaimah and share videos on Moj about their travel there.
Delhi HC stays single judge's order restraining Future Retail-RIL deal. Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail
Future Group says NCLT can continue hearing on RIL deal as per SC direction. A Division Bench of Delhi High Court comprising Chief Justice DN Patel and Justice Jasmeet Singh has stayed the interim order pronounced by Justice JR Midha
Urban Company, partner create open-source ESOP framework for startups. Framework aims to guide startups and other companies on structuring terms and conditions
Maruti to hike prices from April 1, other firms may follow as costs rise. India's largest carmaker will make a second round of price increase since January
Two VC firms form SPAC in US, will seek Indian startups planning IPOs. VC investors Ravi Adusumalli and Shashin Shah will lead the SPAC
Lender Muthoot Fincorp looks to close fiscal with 28% loan growth. Muthoot Fincorp is the flagship of the diversified Muthoot Pappachan Group
Focus Financial Partners launches Beryllus Capital in JV with Hinduja Group. Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms
RailTel net profit rises 60% to Rs 70 crore in December quarter. The revenue from operations rose by 51.85 per cent to Rs 410.6 crore as against Rs 270 crore in the same period last year
Beauty startup Purplle raises mn from Sequoia, Verlinvest, others. 'The investment will help to shape Purplle into a multibillion-dollar, digital-first, beauty and personal care enterprise,' said Manish Taneja, Co-founder & CEO Purplle.
Restructuring will make us stronger after Covid: Coca-Cola India chief. Sanket Ray talks about a massive global restructuring that Coca-Cola is undergoing amid Covid-induced disruptions
Maruti Suzuki to substantially increase vehicle prices from April. Maruti Suzuki India (MSI) on Monday said it will "substantially" increase the prices of its entire product portfolio from next month in order to offset the impact of high input costs.
Jeh Wadia steps down as GoAir MD, Ben Baldanza made vice chairman. Jeh Wadia will continue to be part of the airline's board, said the company that is planning an initial public offering (IPO)
Need legal provisions to have superintendence, control over NCLT: NCLAT. According to RP, a resolution plan is pending approval before the Delhi bench of NCLT since 2019 and the matter has been adjourned as many as 18 times.
Hinduja Group launches new Berryllus Capital wealth advisory JV. The UK-headquartered Hinduja Group on Monday announced the launch of Berryllus Capital, a new joint venture (JV) focussed on investment management, investment banking and real estate advisory for ultra-high net worth families around the world. The new JV w
Pimco stops participating in bond offerings of Adani Ports & SEZ. Existing holdings to run till maturity; Australia coal project key factor
How Jeff Bezos' Amazon is fighting door to door to beat Mukesh Ambani. The world's largest retailer is permeating the complex tapestry of the only billion-people-plus market open to it
India retail: A nearly 0 billion market dominated by mom-and-pop stores. India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores
Adani Green Energy arm get letter of award for 300 MW wind project. Adani Green Energy (AGEL) on Monday said that its arm has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India
Maruti Suzuki shortlists three new startups under innovation initiative. Maruti Suzuki India (MSI) on Monday said it has shortlisted three new startups as part of its Mobility and Automobile Innovation Lab (MAIL) programme
HC stays order restraining Future Retail to go ahead with Reliance deal. The Delhi High Court stayed a single judge's order restraining Future Retail from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by Amazon
Airtel panel approves preferential allotment of 36.4 million shares to LMIL. Bharti Airtel said its special panel of directors approved allotment of 36.4 million shares on a preferential basis to Warburg Pincus affiliate as partial consideration towards Bharti Telemedia deal
Head of Google's Next Billion Users Caesar Sengupta quits after 15 years. Sengupta is currently the vice president and general manager, payments and NBU initiative at Google
Piramal Capital & Housing Finance raises Rs 4,050 crore through NCDs. The company has raised over Rs 50,000 cr ore since Apr-2019, through several equity transactions leading to inflows of over Rs 18,000 cr
Fintech startup KreditBee raises mn from TPG arm, Motilal Oswal. KreditBee gives out an average credit of Rs 12,000 to self employed users and Rs 25,000 to salaried people
India Ratings gives logistics stable outlook in FY22, sees demand growing. Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.
MobiKwik targets IPO by September, seeks to raise 0-0 mn: Report. The Gurgaon-based company intends to hold a pre-IPO funding round that could give the startup a valuation of about 0 million
Maruti Suzuki to raise prices in April to tackle higher costs. Over the past year the cost of company's vehicles has been impacted adversely due to increase in various input costs, the company said
Top headlines: Amazon gets HC notice on Future-RIL deal; MobiKwik plans IPO. Business Standard brings you stories that made the headlines Monday: a court order on Amazon's legal fight against Future Retail to Maruti raising car prices in April.
IBM unveils 4th edition of Call for Code challenge to tackle climate change. IBM said the competition was open for software developers and innovators globally to combat climate change with open source-powered technology
Moody's upgrades Indusind Bank to 'stable', affirms long-term ratings. The lender's asset quality slipped marginally in the economic disruption caused by the Covid-19 pandemic, says agency.
Automakers told to ramp up IT infrastructure amid cyber-attack threats. The Ministry of Road Transport and Highways on Sunday alerted NHAI, NHIDCL and its other wings besides automobile makers to augment their IT security systems after reports regarding threats of possible cyber attacks targeted at the Indian transport sector.
Future Group moves Delhi High Court over RIL deal restraining order. "The company has filed an appeal before the High Court of Delhi against the impugned order dated March 18, 2021 passed by single judge...," said Future Retail
Reliance affiliate picks 3/4th of gas from own CBM block at price. Reliance Industries Ltd has sold three-fourth of the gas from coal seams in Madhya Pradesh to an affiliate of the company at a price of just over USD 6 at current oil prices.
From hi-tech telescope to Covid-19 study: ThoughtWorks does it all. According to the firm, with TMT, one will be able to study the universe like never before
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