NSE share market NEWS tomorrow (08 March, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (08 March, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 March 2021
Jsw Energy was amongst the top gainers, currently trading at 87.15 in NSE with 4.53 times change in volumes and 7.328% change in price. Other gainers included Upl with 6.491% price change and 1.884 times volumes, Bank India with 6.047% price change and 3.097 times volumes, Aditya Birla with 5.549% price change and 1.458 times volumes, and Kpit Technologies with 5.217% price change and 4.143 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.
Varun Beverages was amongst the top losers, currently trading at 998.95 in NSE with 2.093 times change in volumes and -4.269% change in price. Other losers included Avenue Supermarts with -2.889% price change and 0.265 times volumes, Tvs Motor with -2.835% price change and 1.613 times volumes, Oberoi Realty with -2.414% price change and 1.497 times volumes, and Shree Cements with -2.383% price change and 0.872 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.
Arbitrator provides no relief to ZO Rooms in ownership dispute: OYO parent. The firm has said it will 'vehemently oppose' any move to make it execute the definitive agreement for its disputed acquisition of Zostel Hospitality
Sykes sets up new centre in Hyderabad, to hire 750-800 people in 12 months. Located in the Kokapet area, the new workspace of close to 44,000 sq ft is the sixth site for the company in the country, a statement said
Max Financial Services promoter sells shares worth Rs 85 cr via open market. Through a separate transaction, the shares were bought by New York Life Insurance Company at the same price
Jet Airways cannot claim historical right on airport slots: Govt to NCLT. The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy
Godrej Properties' shareholders approve raising up to Rs 3,750 cr. Realty firm Godrej Properties on Monday said the company's shareholders have approved the company's proposal to raise up to Rs 3,750 crore through issue of securities.
Meet Sanjeev Gupta, businessman and executive chairman of GFG Alliance. In November 2016, Gupta had started exclusive talks with Tata Steel UK for the acquisition of its speciality steels business based in West Yorkshire and China
VS Parthasarathy resigns from Mahindra Group, to pursue personal interests. Mahindra & Mahindra on Monday said VS Parthasarathy, the President of its Mobility Services Sector and Member of the Group Executive Board, has decided to leave the group effective close of April 1, 2021 to pursue personal interests. Parthasarathy, who joi
India's retail sector to add 25 million new jobs by FY30, says report. In a survey of over 360 retail stakeholders, 79% of the respondents said that technology will play a pivotal role in Indian retail growth
NCLT can rule only on insolvency of corporate debtors, says Supreme Court. The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of a corporate debtor. The top court, however, cautioned the National Company Law Tribunal (NCLT) and its appellate tri
Chemicals major Sanmar plans to raise equity to repay restructure debt. Despite the pandemic disruptions, based on provisional IFRS estimates, for the year ended December 31, 2020, Sanmar chemicals' revenue was flat at around 0 million
Future's women employees write to PM, seek job protection amid Amazon row. The Women of Big Bazaar SOS, the composite group of women who work for Future Group appealed to PM Modi and sought support to protect their livelihoods as tussle between Amazon and Future continues
Anupam Rasayan Rs 760-cr IPO to open on Mar 12; issue price at Rs 553-555. Specialty chemical company Anupam Rasayan on Monday fixed a price band of Rs 553-555 a share for its Rs 760-crore initial share-sale, which will open for public subscription on March 12
Adani Green Energy arm commissions 100-MW wind power plant in Gujarat. Adani Green Energy on Monday said its arm Adani Wind Energy Kutch Three Limited (AWEKTL) has commissioned a 100 megawatt (MW) wind power plant located at Kutch, in Gujarat
Life insurers' new business premium up 21% in February at Rs 22,425 crore. Private insurers saw their NBP grow by 16% during the month to Rs 9,504.64 crore, compared with Rs 8,128.51 crore in February 2020
Will support 1 million women entrepreneurs in rural India: Sundar Pichai. The Alphabet CEO said empowering women entrepreneurs could create hundreds of millions of jobs, but when it comes to accessing opportunity, deep inequalities persist for women
India Inc's credit ratio nears 1 as rating upgrades pick up speed: CRISIL. Near-term outlook cautiously optimistic, says the ratings agency
Now, Amazon's food delivery service available in 62 pin codes in Bengaluru. The firm made its foray into online food delivery in India last year in May
SBI Card plans to raise up to Rs 2,000 crore through debt securities. The firm looks to issue debt securities in one or more tranches
BEL pays Rs 174 crore interim dividend for FY 2020-21 to defence ministry. The firm paid the dividend to the defence ministry, according to an official statement
Coal India approves 32 mining projects worth Rs 47,000 cr this fiscal. 24 are expansion projects, eight are greenfield; combined incremental peak capacity is projected at 193 MTPA
Easy Trip IPO subscribed 2.3 times on Day-1, issue closes Wednesday. On Friday, the company allotted shares worth Rs 229 cr, or 45% of the total issue size to anchor investors
Uber to extend gender sensitisation drill to 100,000 driver partners. After the coronavirus lockdowns came into effect last year, Uber continued the sessions with drivers virtually and has so far managed to train 63,000 of them
Windy Lakeside Investment picks stake worth Rs 800 cr in Adani Ports. The stake pick is subject to the approval of regulatory/ statutory authorities and the shareholders of the company.
Post-pandemic reality: Ad rates go up by 10-15% for IPL's 14th edition. Digital and mobile-led products and services have strengthened their presence, with smartphone player Vivo returning as the title sponsor of the tournament
Top headlines: Apple's India plans, raw material crunch for vax maker, and more. With just about a fortnight left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely
Cairn wants India to pay .4 bn, shareholders to seek enforcement. Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion
RINL expects Rs 1,000-crore from sale of 22-acre land in Visakhapatnam. State-owned RINL expects to garner Rs 1,000 crore from the sale of its 22.19 acre land located in the heart of Visakhapatnam city, a popular tourist destination in Andhra Pradesh
PVR to invest Rs 150 cr to add 30-40 screens across the country next fiscal. Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal.
Govt proposes to hike in LIC's authorised capital to Rs 25,000 cr. The government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC)
Fairfax to list Anchorage, its vehicle for airport and other infra funding. Bangalore Airport reports .8 million loss against in 2020 against profit of .8 million in 2019
HC quashes criminal case against Air India, AAI execs in Mangaluru crash. Holds that magistrate court which initiated proceedings against the officials did not follow due process of law and overlooked the court of inquiry's report on the accident
ArcelorMittal to invest over Rs 50,000 crore in Gujarat: CM Rupani. The world's leading steel and mining company ArcelorMittal will invest more than Rs 50,000 crore in Gujarat, Chief Minister Vijay Rupani said on Sunday
Zostel claims win in 3-year legal battle against OYO, latter refutes. Zostel could get upwards of 0 million if arbitration goes through
Elon Musk loses bn as wealth gains unravel after Tesla shares tumble. The Tesla Inc. chief executive officer lost billion since Monday as shares of the automaker tumbled in the selloff of tech stocks
Unitech Developers case: ED searches 12 locations linked to Shivalik Group. A team of the Enforcement Directorate has carried out searches at several locations linked to the Shivalik Group in connection with the Unitech Developers case
Muthoot Group Chairman, Whole Time Director M G George Muthoot passes away. Under his stewardship, Muthoot Finance achieved new heights of growth and became the market leader in the gold loan industry
Ikea rushes to make up lost time on India expansion after delays. The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on course to be completed in 12 months
Retail startup Shoopy raises 0,000 seed from US, India investors. Shoopy helps retailers and local business owners go online in a few seconds, and manage invoicing, billing, inventory tracking and management, among other aspects of their shops easily
AirAsia targets launch of flying-taxi business as soon as next year: CEO. The flying taxis it hopes to begin providing next year will come with as many as four seats and will be powered by a quadcopter
Reliance Home Finance defaults on Rs 40 cr loan repayment to P&S Bank. Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Bank even as the company has enough cash and cash equivalent which it cannot use due to a court order. The Anil Ambani-controlled Reliance Cap
Canadian plane maker De Havilland wins mn claim against SpiceJet. SpiceJet says it will appeal against the order
Cipla liquidates wholly-owned unit as part of internal reorganisation. Drug major Cipla on Saturday said it has voluntarily liquidated a wholly-owned step-down subsidiary.
Muthoot Finance chairman Mathai George Muthoot passes away at 71. MG George Muthoot, the chairman of Muthoot Finance which is the largest gold loan NBFC in the country, passed away this evening in his New Delhi home after a fall, according to the family.
Blackstone in talks to acquire a minority stake in Sify Technologies. Sify's American depositary receipts rose 6.7 per cent in pre-market trading on Friday in the US. The company had a market value of about 4 million as of Thursday
NDMC show-cause notice to Le Meridien Hotel for continuing trade activity. The New Delhi Municipal Council has issued a show-cause notice to the Le Meridien Hotel for allegedly operating restaurants, lodging house and other licensable trade activities
Optiemus Infracom completes Rs 285-cr asset sale, to focus on mobile mfg. Optiemus is one of 16 entities whose proposal under the PLI scheme has been approved by the government
MTAR Technologies IPO subscribed over 200 times on final day of bidding. The issue received total bids for 1.46 billion shares as against 7.26 million shares on the offer, according to subscription data available on the exchanges
IndiGrid to buy NER II Transmission from Sterlite Power for Rs 4,625 cr. Investment trust IndiGrid on Friday inked an agreement to acquire 100 per cent equity stake in NER II Transmission
ICICI Lombard board approves Rs 4/share interim dividend for FY21. ICICI Lombard General Insurance has approved an interim dividend of Rs 4 per share for the current fiscal in the midst of a pandemic year
Mobile firms urge govt to create policies to compete with countries. Mobile manufacturers on Friday requested the government to come up with policies that focus on competition with countries and not companies, sectoral industry body ICEA said in a statement.
Tata Steel backs new global framework for decarbonising heavy industries. Tata Steel said it has joined a network of heavy industries and civil society groups that will provide a global framework for decarbonising heavy industries as part of the Covid-19 recovery plan.
From RIL to Capgemini, India Inc gears up to vaccinate employees. Some will bear cost for staff, kin; essential workers want govt help
Video streaming giants, Bollywood worried about backlash in India. Amazon has decided to delay streaming a new season of a popular Hindi spy thriller, The Family Man, which was to release last month
A bitter pill: Domestic pharma market growth slides to 1.1% in February. Recovery slow, top drug firms post muted growth in February
Multiplex major PVR plans mega release, set to launch 40 screens in FY22. The move comes as film producers line up big releases between April and December
Issuers cancel planned bond sales as yields surge over govt borrowings rise. The strains came after India's government announced near-record borrowings of about 12 trillion rupees on Feb. 1, adding to concerns that companies could be crowded out of debt markets
Glenmark Pharma signs Rohit Sharma as brand ambassador for Candid Powder. Drug major Glenmark Pharma on Friday said it has signed cricketer Rohit Sharma as brand ambassador for its product Candid Powder.
Multiplex major PVR opens a new 6-screen property in Karnataka's Mysuru. With this opening, PVR now operates 844 screens at 177 properties in 71 cities
Coal India board approves second interim dividend of Rs 5 per share. The date of payment of interim dividend is on and from March 24
ShopG to expand to over 300 cities in India by 2025, onboard more partners. Social commerce company ShopG is scaling up its presence to over 300 cities in the country and onboarding more partners as it looks to tap into the multi-billion dollar opportunity in the segment. ShopG was founded in 2019 by Ankur Arora, Abhishek Mishra,
Top headlines: Govt to privatise profit-making PSUs, Wipro to buy Capco. Many states are open to the idea of petrol and diesel being brought under the goods and services tax (GST) regime - contrary to the perception that they are averse to it.
RailTel launches prepaid wi-fi services at 4,000 railway stations. With the launch of these prepaid plans, a passenger can now use up to 30 minutes' free wi-fi per day at 1 mbps speed
Godrej Interio bags orders worth Rs 250 crore for three metro projects. The metro projects are located in Bengaluru, Mumbai and Kochi
ArcelorMittal Nippon Steel to set up Rs 50,000 cr integrated unit in Odisha. The plant, coming up at Kendrapara, is in addition to other investments of AM/NS in the state such as 6MTPA pelletization plant in Paradeep, beneficiation complex in Keonjhar and slurry pipeline
Indiabulls Housing Finance raises Rs 1,091 cr via foreign currency bonds. The firm issued foreign currency convertible bonds
Foresight Group eyeing Shipping Corporation of India for its LNG business. The group, in a consortium with Belgium's Exmar NV and Dubai-based GMS, is a preliminary bidder for the national carrier as govt looks to privatise SCI by selling 63.75% stake
Jio, Airtel balance sheets can absorb costs despite spectrum buys: Moody's. Moody's also expects operators to opt for deferred spectrum payments, thus helping to mitigate the effect on liquidity and cash flows
Mindspace REIT plans to raise up to Rs 450 cr through issue of securities. Mindspace Business Parks REIT on Thursday said the company plan to raise up to Rs 450 crore through the issue of debt securities. In a regulatory filing, the company informed that the decision will be taken at a meeting on March 9. "a meeting of the execut
AM/NS India inks pact with Odisha govt for Rs 50,000-crore steel plant. The MoU for the Odisha plant comes shortly after AM/NS India completed a year of operations
Cognizant announces bonus higher than 2019, promotes 24,000 employees. The company is also offering about 1,60,000 employees with merit increases globally, and has promoted more than 24,000 employees across every level
Job offers aplenty at top business schools, but salary growth muted. Despite pandemic, nearly all students get placed after final rounds in top institutes
Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL. The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note
Facebook, Amazon, Google vie for piece of India's digital payment markets. The contest is fierce as regulator Reserve Bank of India is expected to give just one or two licenses, as implied in its notification inviting bids
Netflix launches TikTok-rival 'Fast Laughs' for users in select countries. Fast Laughs, currently only available for iOS device owners in select countries, looks and feels like TikTok or Instagram Reels
Tata Consultancy expands strategic partnership with Vodafone Netherlands. To deploy AI and ML technology and TCS TwinX to gain deeper insights
Flipkart considers US listing, may seek at least -bn valuation: Report. Flipkart's advisers have approached several SPACs, said one of the people, who asked not to be identified as the information is not public
Flipkart starts voice search in Hindi and English to tap next 200 mn users. Launches Voice Search capability across the platform after the introduction of Voice Assistant in the grocery last year
Indian Hotels starts South Asia's first all women-managed luxury residences. Initiative at the Taj Wellington Mews, Chennai, comes ahead of Women's Day; property will also generate employment locally
Anil Ambani-owned Reliance Naval's debt resolution gets delayed yet again. Bid submission date extended for fifth time as NCLT grants five more months to lenders to complete resolution process
Reliance Power, JERA to launch gas-fired project in Bangladesh. Reliance Power Limited ("Reliance Power") and JERA Co. Inc. ("JERA"), through their joint venture project company, are developing a new gas-fired power generation project in Bangladesh. The project company has achieved financial closure for the project wit
Wipro Consumer Care to sharpen focus on home care, go slow on hygienics. Move follows tapering demand for hand-wash and sanitisers
BMW drives in new MINI Countryman in India priced at Rs 39.5 lakh. Locally produced at the company's Chennai plant, the new MINI Countryman is available in two petrol variants
Uber pledges Rs 10 cr free rides to aid vaccination of vulnerable citizens. Beginning March 8, Uber will roll out these free rides in a staggered manner across 35 Indian cities
IT giant Infosys to double Canadian workforce to 4,000 by 2023. Infosys on Thursday announced that it would be bringing 500 jobs to Calgary over the next three years
ArcelorMittal inks pact with Odisha to set up Rs 50,000 cr steel plant. Chief Minister Naveen Patnaik and steel tycoon Lakshmi N Mittal were present during the signing of the Memorandum of Understanding (MoU) at Lokaseva Bhavan
HC suspends tender process for privatising discom in UT: Torrent Power. Torrent Power on Thursday said Bombay High Court has suspended the tender process for privatisation of a power distribution company in Dadar & Nagar Haveli and Daman & Diu. In February, Torrent Power had emerged as the highest bidder in the tender for powe
Wipro to acquire UK-based consultancy Capco for .45 billion. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 30, 2021
Traders' body asks Amazon to back off from RIL-Future Group deal. Traders' body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to 'back off' from blocking the Reliance-Future Group deal
upGrad to offer free Covid-19 vaccines to all employees and their families. The leading edtech firm will also facilitate shots for ex-employees in a move that could potentially benefit upwards of 10,000 individuals
Wipro signs deal to acquire global tech company Capco for .45 bn. The acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to BFSI
TCS bullish on growth from telecommunications and media over next 2-3 years. Signs a five-year deal with Vodafone Netherlands to deploy its TwinX platform
Flying with just a cabin bag will be 10-15% cheaper: Check details. On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.
HDFC cuts interest rate on home loans by 5 basis points from March 4. The revised rate of 6.75% comes into effect today
Axis Bank partners WhatsApp to offer basic banking services. Axis Bank on Wednesday said it will be available on popular social messaging app WhatsApp and will allow basic banking services, including account balance, and transactions history. The third largest private sector lender said the service will allow custom
Doha Bank plea on resolution of Reliance Infratel upheld by NCLT. The National Company Law Tribunal (NCLT) has upheld the petition of Doha Bank seeking priority payment for the financial creditors of Reliance Infratel which will lead to around Rs 3,515 crore recovery for the lenders, according to a source aware of the de
Enforcement Directorate slaps money laundering case on Franklin MF. Sebi issues show-cause notice and summons to fund house, its officials who redeemed their investments
eBay India partners with Kerala Ayurveda to build authentic product lineup. E-commerce major eBay has partnered with Kerala Ayurveda that will allow the latter to build an exclusive showcase of its authentic Ayurvedic products on the online platform.
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