NSE share market NEWS tomorrow (18 January, 2021). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (18 January, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 January 2021
Upl was amongst the top gainers, currently trading at 561.30 in NSE with 1.874 times change in volumes and 7.416% change in price. Other gainers included Kei Industries with 5.909% price change and 14.843 times volumes, Tata Elxsi with 5.598% price change and 1.407 times volumes, Abb India with 4.659% price change and 3.932 times volumes, and Dixon Techno with 2.808% price change and 0.729 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.
Petronet Lng was amongst the top losers, currently trading at 243.25 in NSE with 3.082 times change in volumes and -6.334% change in price. Other losers included Steel Authority with -5.987% price change and 0.355 times volumes, Himachal Futuristic with -5.643% price change and 0.418 times volumes, Tata Steel with -5.553% price change and 1.211 times volumes, and Jindal Steel with -5.535% price change and 0.751 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.
Opposition takes on Adani's Rs 53,400-crore project ahead of public hearing. Foresee ecological damage, loss of livelihood; company counters with claims of massive job generation and creation of infra crucial to nation's stated economic goals
L&T-owned Mindtree third quarter profit rises 29% to Rs 327 crore. L & T-owned digital transformation company Mindtree reported 28.7 per cent sequential growth in consolidated profit at Rs 327 crore for the quarter ended December 2020 as compared to Rs 254 crore in Q2 FY21.Consolidated revenue grew by 5.1 per cent quarter
Apollo Hospitals opens QIP with floor price of Rs 2,508.58 a share. Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds
Cholamandalam Investment MD Arun Alagappan quits, to step down on Feb 14. Will assume larger responsibilities within the Group, say Sources
Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023. His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy
Lack of semiconductor to hit vehicle output at Ford's Chennai, Sanand units. Shortage has affected entire auto sector, may continue for at least first half of 2021, says company; During April-December period of current fiscal, Ford's production was down 56% YoY
UK SME fintech platform Tide announces plans to expand into India. Tide on Monday announced its first plans for a test launch in India in the first quarter of 2021, followed by a wider rollout later in the year, as part of its international expansion plans
Adani Green Energy's promoter sells shares worth nearly Rs 3,309 cr. Adani Trading Services LLP, promoter of Adani Green Energy, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm, through open market transactions.
Indiamart posts 29% rise in net profit at Rs 80 cr in third quarter. It attributed this growth to "marginal improvement in realisation of existing customers and increase in number of paying subscription suppliers"
Godrej Fund Management raises 0 million from APG for office segment. GFM has fully invested the previously raised capital under GBTC I and Godrej Office Fund I
DLF plans to launch more floors in NCR; to expand in Chennai, Kochi. It also plans to expand its residential presence in Chennai and Kochi
PhonePe beats Google Pay, tops UPI app space in December: NPCI data. Google Pay had seen 960-mn transactions amounting to Rs 1.6 trn in November
Drone maker ideaForge bets big on indigenisation for armed forces. The Army signed a -million deal with the Infosys-backed drone maker last week
Mindtree net profit rises 65% to Rs 326 crore in December quarter. On a sequential basis, net profit grew 28.7 per cent and revenue was up 5.1 per cent.
Indiabulls Real Estate net profit rises 64% to Rs 81 cr in Dec quarter. Indiabulls Real Estate Ltd (IBREL) on Monday reported a 64 per cent rise in its consolidated net profit to Rs 80.69 crore for the quarter ended December.
Big oil's flagship plastic waste project sinks in the Ganges: Report. The Alliance to End Plastic Waste, a Singapore-based non-profit group set up two years ago by big oil and chemical firms
Anarock acquires apartment management platform ApnaComplex from NestAway. ApnaComplex platform is being used by over 22,000 apartment societies in over 80 cities across India
Management by algorithm? How businesses should work in the AI era. It is time we reimagined management education in a way that students build an understanding of AI, its usage and application in business, all the while honing their soft skills
Metropolis Healthcare to acquire Chennai-based diagnostic lab for Rs 511 cr. Metropolis will acquire 100 per cent equity of Dr Ganesan's Hitech Diagnostic Centre in a cash and stock deal
Adani airports in Ahmedabad, Lucknow and Mangaluru get ACI accreditation. The evaluation process by ACI under the AHA programme is carried out after reviewing the evidence presented based on 118 checks
Reliance to embed e-commerce app into WhatsApp within six months: Report. The move to integrate JioMart with WhatsApp will allow hundreds of millions of users to order products from Reliance without having to leave the app
L&T bags up to Rs 5,000 crore order from Rail Vikas Nigam in Uttarakhand. Larsen & Toubro (L&T) on Monday said its construction arm has bagged an up to Rs 5,000 crore contract from Rail Vikas Nigam Ltd (RVNL) in Uttarakhand. The construction arm of L&T has secured a large order for its heavy civil infrastructure business from Ra
French energy group Total buys 20% stake in India's Adani Green Energy. Total said on Monday that its purchase of the stake in AGEL would give Total a seat on the board of directors of AGEL
Daicel Corporation to invest Rs 230 cr in airbag inflator plant in Chennai. Till now, the company was catering to Indian market from its production site in Thailand and other countries
TOTAL France to acquire 20% stake in Adani Green Energy for .5 bn. As part of the current deal, TOTAL will pick up a 50 per cent stake in a 2.35 GW portfolio of operating solar assets owned by AGEL and a 20 per cent stake in AGEL for a global investment of .5 bn
Godrej Fund Management announces first close of 0 mn office fund. GFM announced the first close of its 0 million office development platform, GBTC II in partnership with Netherlands-based APG Asset Management, the cornerstone investor in the platform
Three UK partners with Tata Consultancy Services to accelerate 5G rollout. TCS' software will speed-up configuration checking and reduce manual errors, ensuring first time right network configuration.
Fitch downgrades Delhi International Airport to 'BB'; outlook negative. Fitch downgraded Delhi International Airport Ltd's Long-Term Issuer Default Rating from "BB+" to "BB" on the sharp drop in volume in 2020 due to significant travel restrictions to curb Covid spread
Godrej announces first close of 0 million office development platform. This is the 3rd India focused office venture and 5th overall, sponsored by GFM
Health startup Cure.fit acquires US-based digital fitness company Onyx. Onyx is a US-based fitness company that is building the world's smartest digital training experience, for an undisclosed sum
BSNL to start telecom services in Delhi and Mumbai from March 1. The state-owned firm was earlier supposed to start these services on behalf of MTNL from January 1, but was unable to do so due to some internal issues between the two companies
SoftBank-backed Hike shuts down, vanishes from app stores in India. The startup valued at .4 billion in a 2016 funding round announced its app was going off the air earlier this month without explanation
L&T arm wins contract worth up to Rs 5,000 cr from Rail Vikas Nigam. The scope of the project includes construction of tunnels, formation, construction shaft, and other ancillary works between Rishikesh and Karanprayag
Ecommerce platform Udaan inks pan-India distribution deal with hummel. Hummel is a Danish sportstyle brand
Tata Capital's PE fund raises Rs 1,250 cr to invest in urbanisation, others. The areas include manufacturing
Rs 4,500-cr IRFC IPO subscribed 65% on Day-1, retail portion by 1.24 times. Employee quota lapped up by over 13 times. HNI and institutional book saw only a few bids
CCI dismisses case of alleged cartelisation by 2 bidders in AIIMS tender. The Competition Commission of India (CCI) has dismissed a case of alleged cartelisation by Romsons Scientific & Surgical Industrial Pvt Ltd and BSN Medical Pvt Ltd and some of their officials. The regulator had directed the director general (DG) to carry o
Top headlines: WhatsApp defers privacy terms, low turnout for Covid shot. From WhatsApp deferring privacy terms to low turnout for the Covid shot, Business Standard brings you the top headlines
Six of top 10 most-valued firms add Rs 1.13 trn in m-cap; TCS, Airtel lead. Bharti Airtel''s market capitalisation (m-cap) climbed by Rs 33,960.84 crore to Rs 3,28,697.33 crore
CEO who calls himself 'performance psychopath' takes over new auto empire. Carlos Tavares will lead Stellantis NV, the merged behemoth of Fiat Chrysler Automobiles NV and PSA Group. He doesn't tolerate meetings starting late or dragging on.
Most Indian IT firms to post high single-digit growth in 2021: Balakrishnan. The year 2021 will be good for India's information technology sector and most of the companies in the space are expected to clock high single digit growth, said industry veteran V Balakrishnan
Franklin Templeton MF's 6 shut schemes generate Rs 13,789 cr since closure. Franklin Templeton Mutual Fund on Sunday said its six shut schemes have received Rs 13,789 crore from maturities, pre-payments and coupon payments since closing down in April
Plea in Delhi High Court against Lakshmi Vilas Bank and DBS merger. A plea in the Delhi High Court has challenged the scheme of amalgamation of Lakshmi Vilas Bank with Development Bank of Singapore (DBS), contending that its shareholders have been "left in the lurch"
Smart toilets to rockets: Startups pitch innovations to PM Modi at Prarambh. Apps that improve lives of the visually impaired, mobile brick making machines, jackfruit flour that helps control diabetes and biodegradable PPE kits were other innovations on display
DHFL creditors vote in favour of Piramal's billion bid: Report. Creditors of India's Dewan Housing Finance Corp have voted in favour of a .09 billion takeover bid submitted by the Piramal Group for the troubled "shadow" lender, a source said
BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank. BharatPe said it has raised Rs 139 crore in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants
JNPT SEZ plans to attract Rs 4,000 cr investment, generate 72,600 jobs. The Jawaharlal Nehru Port Trust (JNPT), one of the 12 major ports in the country, plans to attract Rs 4,000 crore investments from public and private players for its special economic zone (SEZ)
Metropolis Healthcare to buy Hitech Diagnostic Centre in a cash, stock deal. Diagnostic chain Metropolis Healthcare said it will acquire Dr Ganesan's Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India
Ill-informed: Snapdeal on USTR report placing it on Notorious Markets List. Snapdeal and four Indian shopping complexes have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade Representative (USTR)
WhatsApp delays new privacy policy by three months amid severe criticism. The company released a separate blog post Friday trying to clear up the confusion, and it included a chart that specifies what information is protected when someone uses WhatsApp
21% startups and MSMEs benefited from govt Schemes in 2020: Survey. For many years now, startups and MSMEs have been reeling under the complex burden of India's difficult taxation policies
PM Modi announces Rs 1,000 cr startup fund to push growth of tech ventures. For the next five years India, which is in a technology race with China, has a mission for its startups and unicorns to emerge as global giants and lead in futuristic technologies
Mahindra Group registers interest to seek Covid-19 vaccines for employees. Diversified Mahindra Group on Friday said it has registered interest to seek COVID-19 vaccines for its employees, as per priorities and sequence to be specified by the government.
Domestic air traffic slips to 7-year low in 2020 amid Covid-19 lockdown. In calendar year 2020, domestic airlines flew 63 million passengers, compared to 144.1 million in the previous year.
New launches pick up, but home sales yet to revive amid Covid-19 pandemic. New launches bounced back - registering 12 per cent growth in the October-December quarter.
PVR December quarter net loss narrows by three-fourth to Rs 49 crore. Net loss in the September quarter was Rs 184 crore; December quarter saw re-opening of multiplexes as part of unlock
Bridgestone India launches new axle tyre for commercial vehicles. Tyre maker Bridgestone India on Friday launched a new tyre, V-Steel Mix M721, for commercial vehicles to establish a strong presence in the drive axle tyre category
Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid. With this Piramal succeeds in getting the requisite 66 per cent voting, says source
Fullerton India CEO Nambiar quits, firm reshuffles senior management. NBFC also announced senior leadership changes
PFC's Rs 5K-cr bond issue subscribed 94%; likely to close on Monday. State-run Power Finance Corporation's Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent on the first day on Friday and is likely to close on Monday, a source said.
Inclusion in USTR report on notorious mkts list is ill-informed: Snapdeal. Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy
Pharma industry has risen to occasion during the pandemic: Satish Reddy. He said the crisis itself presented the industry with several opportunities and allowed us to think differently
OneWeb secures funding from SoftBank Group, Hughes Network Systems. With the investment, SoftBank will get a seat on OneWeb Board
Snapdeal, 4 Indian shopping complexes figure in US Notorious Markets List. Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy
Possible gas leak caused death of 4 workers at Rourkela Steel plant. The deaths of the four workers in the "suspected gas leakage" incident at the coal chemical unit of Odisha's Rourkela Steel Plant in Odisha was possibly due to exposure to a pocket of toxic gas
HCL Tech Q3 PAT jumps 35% YoY to Rs 3,969 cr; ups revenue guidance to 3%. The firm said it expects revenue to grow between 2 per cent to 3 per cent in constant currency terms for Q4FY21, including DWS contribution
Strides Pharma Science arm gets USFDA nod for HIV treatment medicine. Strides Pharma Science said its step-down wholly-owned subsidiary, has received approval from the USFDA for Emtricitabine and Tenofovir Disoproxil Fumarate tablets, used to treat HIV
HCL Q3 net profit up 31%, crosses -bn revenue milestone in 2020. The company's revenue crossed the -billion milestone in 2020, delivering a 3.6 per cent YoY growth in constant currenc
Ind-Ra downgrades Safety Controls & Devices to 'BB' with negative outlook. India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.The company is a leading engineering, procurement and construction contractor of sub-stati
HDFC Bank Q3: NII may grow 17% YoY; slippages in retail, agri segment eyed. On average, the gross non-performing asset (GNPA) ratio is seen between 1.3 per cent and 1.7 per cent for Q3FY21
India keen to support drone startups for diverse applications: Hardeep Puri. Minister says tech being developed by country's startups will ensure drones perform mandated functions without any concerns on security
New rules for H-1B visa mild negative for Indian IT services: ICRA. The proposed changes in H-1B application selection process are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, ICRA said
Embassy REIT raises Rs 2,600 cr via debentures to refinance existing debt. Embassy Office Parks REIT to refinance an existing debt of its IT park 'Embassy TechVillage' in Bengaluru
Covid-19 impact: Companies bolster risk handling after a year of bouncers. Companies are focusing more on preparing for unexpected surprises after the shifts in 2020
Exclusive interview: Huawei India CEO on 5G auctions, pandemic challenges. Nivedita Mookerji of Business Standard met the Huawei India CEO, David Li, in New Delhi to talk about the company's plans for 2021
Gas distribution giant GAIL announces Rs 1,046.35 cr share buyback. GAIL looks to return surplus cash to shareholders, the biggest being the government of India
Telecom giant Bharti Airtel divests stake in Seynse Technologies. Telecom operator Bharti Airtel has divested its stake in Seynse Technologies, according to a regulatory filing
HCL Tech Q3 net profit up 31%, crosses -bn revenue milestone in 2020. Revenue is expected to grow 2-3 per cent in constant currency terms in Q4 while EBIT outlook for FY21 is now 21-21.5 per cent, up from 20-21% announced previously
Retail book of SAIL OFS subscribed 2.4 times, shares end 4.4% higher. Following share sale, govt's stake in SAIL will decline by 10 percentage points from current 75%
'As promised': Elon Musk confirms Tesla's India entry with 2-word tweet. Tesla CEO Elon Musk has confirmed the company's plans to enter the Indian market, within days of the electric vehicle maker registering its arm in the country. "As promised," Musk tweeted in response to a thread linked to a blog that analysed how India cou
Top investor association objects to Franklin's voting process on six funds. Seeks proportional representation of unitholders in letter to regulator
Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities. Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March
Nokia partners with Google for building cloud-based 5G network infra. Nokia on Thursday partnered with Alphabet's Google Cloud unit to build 5G core network infrastructure
Tata Group puts post-pandemic bet on digital, electronics and health. Tata has already made public its intent to launch an umbrella app enabling access to all its consumer businesses
UBS fund pursues 0 million stake in SoftBank-backed Paytm: Report. UBS aims to finalize an agreement as soon as this month
Amazon urges Sebi not to issue NOC for .4 bn Future-Reliance deal. The Jeff Bezos-led e-commerce giant has further urged the markets regulator to direct the Indian Stock Exchanges to do the same
IT companies revenues to grow up to 9% in FY22 on tech demand: Icra. Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said
TCS market capitalisation touches all-time high of Rs 12 trillion. Currently, TCS is India's second most valuable firm after Reliance Industries (RIL) which has a market cap of nearly Rs 12.9 trillion (includes market cap of partly-paid up shares)
Telcos remind users to prefix 0 for landline to mobile calls from Friday. Telecom operators have informed subscribers that they would need to prefix '0' for making calls from landline to mobile phones from January 15, in line with the telecom department's recent directive. "As per DoT's directive, effective 15-Jan-21, it is mand
L&T's construction arm receives multiple orders in domestic market. Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received multiple orders across its business segments in the domestic market. The company did not disclose the value of the contracts but said the orders fall under the
Warburg ups stake in IPO-bound mortgage lender Home First Finance to 30.62%. Private equity major Warburg Pincus on Thursday said it has increased its stake in IPO-bound mortgage lender Home First Finance Company by 5 per cent to 30.62 per cent
HCL Tech to report Q3 results on Friday; here's what top brokerages expect. Sharekhan expects the company to maintain its margin guidance of 20 per cent-21 per cent for FY21
Lumax Group to ramp up production capacity at two key plants in 2021. A positive outlook for the overall passenger car market in the next fiscal year encouraged the firm to move ahead with its plans, said Vineet Sahni, group CEO, Lumax
Quick Heal invests million in Israeli cybersecurity startup L7 Defense. The move strengthens Quick Heal's solution stack to secure modern enterprises against the next-generation of cyber-attacks
Power Finance Corp to launch maiden public bond sale for retail investors. PFC is planning to raise Rs 5,000 crore in the first tranche, proceeds to be used for funding projects in the renewable energy and transmission & distribution segment
Stores closed by farmer protests cost Reliance, Walmart millions in revenue. In November, Punjab estimated economic losses from the protests at billion, while one industry group has pegged the overall hit to India's economy at .6 billion
WhatsApp scrambles as users in big Indian market fret over privacy. Though WhatsApp has yet to see mass uninstalls of its app in India, users concerned about privacy are increasingly downloading rival apps such as Signal and Telegram
Tata Consumer Products' scrip may replace Gail India in Nifty 50 index. The free-float market cap - a key parameter for index inclusion-of Tata Consumer Products is currently at Rs 36,000 cr, while that of Gail is about Rs 30,000 cr
Former Star India CEO Uday Shankar, James Murdoch team up for new venture. Entity to focus on digital media, say industry sources
Boost for Airtel as MSCI mulls greater weighting for stock in Feb review. The move follows increase in foreign investment limit in the telecom major from 49 per cent to 100 per cent
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