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NSE share market NEWS tomorrow (23 March, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 March, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 March 2021

Inox Wind was amongst the top gainers, currently trading at 76.65 in NSE with 1.855 times change in volumes and 9.971% change in price. Other gainers included Bank India with 9.942% price change and 2.922 times volumes, Adani Enterprises with 6.796% price change and 1.376 times volumes, Shree Cements with 5.037% price change and 2.714 times volumes, and Cg Power with 4.931% price change and 0.587 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.

Dixon Techno was amongst the top losers, currently trading at 3868.85 in NSE with 1.171 times change in volumes and -4.559% change in price. Other losers included Multi Commodity with -3.557% price change and 1.138 times volumes, Ncc with -3.401% price change and 1.691 times volumes, Kei Industries with -2.941% price change and 0.921 times volumes, and Hindustan Zinc with -2.803% price change and 1.591 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.

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

Airtel adds 6.9 million active users in January, extends gain: TRAI data. Telecom operator Bharti Airtel added 6.9 million active users in January, extending its market lead on this count even as Jio's active subscribers tally declined by about 3.4 million

Covid-19 accelerates firms' digital transformation strategy: Report. 89.7% of business and IT leaders in the Asia Pacific say Covid-19 has caused significant changes to their operating processes

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global. Adani Green Energy announced it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global

Adani Green Energy acquires SkyPower's 50MW solar project in Telangana. With this acquisition, AGEL shall increase its operating renewable capacity of 3,395 MW with a total renewable portfolio of 14,865 MW

Vodafone Idea admits to inadvertent error in subscriber data for January. Vodafone Idea (Vi) had reported a gain of 1.7 million subscribers in January, the first positive growth in last four months. However bulk of the growth was reported from Western UP

GoAir launches daily night flight services from Srinagar to Delhi. Budget carrier GoAirhas become the first airline in the country to operate night services from Srinagar with the launch of a daily flight to Delhi on Friday, the airline said. Going forward, GoAir will operate a scheduled flight from Srinagar that will dep

Srei Infra company secy resigns; 180 exits since Dec after salary caps. Equipment finance NBFC Srei Infrastructure Finance Ltd on Saturday said its company secretary Sandeep Kumar Lakhotia has resigned. The move comes following the salary cap imposed on the company by its lenders amidst pandemic-induced stress on its business.

Future Group moves HC against order restraining to go ahead with RIL deal. Future Group approached Delhi High Court challenging order upholding the Singapore's Emergency Arbitrator's (EA) order restraining Future Retail Ltd from going ahead with its deal with Reliance Retail

Food delivery start-up Zomato planning to file 0 mn IPO next month. Deliberations are ongoing and details of the offering such as size and timeline could change

Restrain WhatsApp from implementing new privacy policy: Centre urges HC. Facebook-owned company has said the update only changes the way users interact with WhatsApp business accounts

Current moment in road to recovery: VC firm Sequoia tells founders and CEOs. Silicon Valley-based company says strong leadership that puts people first will continue to be critical

Tata Steel, AM/NS India, ESL Steel may participate in NINL divestment. Sources said that Tata Steel is looking to step up its exposure in long products and is planning to submit an expression of interest

Loss-making cos can now pay remuneration to non-executive directors. Loss-making companies can now pay remuneration to their non-executive directors, including independent directors

Nazara Tech, Suryoday IPOs oversubscribed as listing boom continues. Six issues closed this week; Barbeque Nation could hit the market next

Easy Trip gains 10% on debut; analysts say HNIs made losses on IPO. The listing was muted compared to the oversubscription seen during the IPO

Top asset manager Vanguard invests Rs 2,660 cr in at least 26 Indian stocks. Market players said the buying could have been triggered by the FTSE rebalancing

Tata Motors says Marc Llistosella not to join as CEO. Guenter Butschek will continue as CEO & MD till June 30, 2021

Amazon packages delayed in Pune as report says delivery staff go on strike. Workers say company's new terms have reduced their earnings after lockdowns to contain the coronavirus.

Domestic flying to cost more as govt raises minimum fares by 5%. 'There has been a continuous rise in the price of ATF so it has been decided to increase the lower fare band by 5 per cent keeping the upper fare band unchanged,' says civil aviation minister

Tata Motors stares at empty corner office again; Marc to not join as CEO. With just three months left before Guenter Butschek demits office, it will be tough for the company to find his successor

Bankers, financial institutions to take around 95% hair cut in NOCL. Haldia Petrochemicals (HPL) has agreed to pay Rs 600 crore to revive NOCL

PGCIL to acquire 74% stake of JPVL in Jaypee POWERGRID for Rs 351 cr. State-run Power Grid Corporation (PGCIL) said it has signed a share purchase agreement with Jaiprakash Power Ventures to acquire 74 per cent stake in Jaypee POWERGRID Ltd (JPL) for Rs 351.64 crore.

Will supply more doses of AstraZeneca vaccine to UK later, says Serum. Senior officials in New Delhi confirmed that there was no ban on exports from India, and no plans to do so either.

LIC employees protest in Ludhiana against insurance sector's FDI limit hike. LIC employees staged a protest in Ludhiana against the government's decision to raise the Foreign direct investment (FDI) limit in the insurance sector to 74 per cent and to bring an IPO of the LIC

Progress on BPCL privatisation, but need for further clarity: Fitch Ratings. There is need for further clarity on the future of subsidies paid to BPCL customers on the sale of LPG, kerosene as well as the freedom on pricing of petrol, diesel before the divestment can conclude

Stelis Biopharma raises 5 mn for vaccination unit, contract business. Vaccine unit will manufacture up to 800 million doses of vaccines annually

India has till mid-April to appeal against Cairn award on limited grounds. The challenge can only be on limited grounds such as procedure not being followed

Hero Future Energies first USD Green Bond fetches billion orders. The company will use the proceeds of the proposed notes to subscribe to Indian rupee-denominated external commercial borrowing (INR ECB) bonds

India's Stelis Biopharma to make 200 mn doses of Sputnik V vaccine. India has now become one of the biggest producers of Sputnik V outside of Russia. Other countries that are producing it include South Korea, Brazil and China

TCS to announce salary hikes for FY22, second for company in 6 months. With salary hike in Financial Year 2021-22, TCS employees will get around 12-14 per cent average increment in six months' time

Delhi HC order would have not come in way of NCLT proceedings: Future Group. The promoters will take appropriate remedies as advised over the directions passed by Justice J R Midha, Future Retail said in a regulatory filing

Government sells 10% stake to exit Tata Communications in off-market trade. The government on Friday said it has exited Tata Communications after selling 10 per cent stake to Tata Sons' arm Panatone Finvest

Stelis Biopharma to make 200 mn doses of Russia's Sputnik V Covid vaccine. Stelis will commence supplies from September quarter of 2021 and will also continue to work with RDIF to provide additional supply volumes beyond the initial agreement

Accenture's strong Q2 show: What does it mean for Indian IT industry?. Indian IT service providers have managed to seize the opportunity presented by Covid, but they have faced challenges going through a lot of renegotiation with customers, says an expert

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