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NSE share market NEWS tomorrow (13 January, 2021). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 January, 2021). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 January 2021

Tata Elxsi was amongst the top gainers, currently trading at 2371.85 in NSE with 6.304 times change in volumes and 13.616% change in price. Other gainers included 8 20 with 10.187% price change and 22.374 times volumes, Bank Baroda with 6.36% price change and 1.569 times volumes, Mahindra Mahindra with 6.219% price change and 3.545 times volumes, and Adani Ports with 4.968% price change and 1.636 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.

Inox Wind was amongst the top losers, currently trading at 67.75 in NSE with 1.133 times change in volumes and -4.577% change in price. Other losers included Bandhan Bank with -4.177% price change and 1.073 times volumes, Page Industries with -3.551% price change and 1.263 times volumes, Phoenix Mills with -3.43% price change and 0.821 times volumes, and Cholamandalam Investment with -3.419% price change and 0.849 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.

Sterlite Power says Ricardo Zangirolami, its CEO in Brazil, resigned. He will be replaced by Amitabh Prasad in February, according to a statement

Govt to sell up to 10% in SAIL via OFS, may fetch Rs 2,600 crore. On offer are 206.5 million shares, or 5% of company's stock, at a floor price of Rs 64 a share, with option to sell another 5% if issue is oversubscribed

Wipro Q3 net profit rises 21%, profitability at 22-quarter high. Dollar revenue growth highest in 36 quarters; firm has given an bullish outlook on revenue growth of 1.5-3.5 per cent for the March quarter

Infosys to acquire assets, onboard employees of Australia's Carter Digital. IT services major Infosys on Wednesday said it will purchase assets and onboard employees of Carter Digital, an Australian experience design agency. "This asset takeover strengthens Infosys' global design and experience offerings, demonstrates its continue

DLF-Hines JV to invest Rs 1,300 cr on construction of Gurugram project. Realty major DLF and US-based Hines will invest around Rs 1,300 crore to construct the first phase of a premium commercial project, largely office space, in Gurugram, a senior company official said.

Mahindra lays off two-thirds of staff at its North American subsidiary. Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency

Delhi HC issues notice to Future, RIL retail arms on Amazon's plea. The Court issued a notice in the matter and listed it for further hearing on February 12

Adani Green's promoter sells company's shares worth over Rs 1,840 cr. Adani Trading Services LLP, a promoter entity of Adani Green, on Wednesday sold 2 crore shares of Adani Green Energy Ltd worth over Rs 1,840 through open market transactions.

Indian Oil cancels LNG import tender due to higher prices: Report. Indian Oil Corp has cancelled its tender to import liquefied natural gas (LNG) for delivery in mid February due to higher prices, two trade sources familiar with the matter said.

Global consumption will remain depressed in first half of year: Unilever. The company would grow ahead of the broader market and he does not expect any hits to margins over the near term.

Citi appoints Shahmir Khaliq as head of Treasury and Trade Solutions. Khaliq, who was the head of Operations and Technology at TTS, has also served as the company's global head of Direct Custody & Clearing within Markets and Securities Services unit

Infosys posts 16.6% net profit growth in Dec quarter, revises FY21 guidance. Large deals, digital growth drives outperformance

Wisdom Capital reappeals on market regulator Sebi's 'Peak Margin' circular. Wisdom Capital, an online marketing and stockbroking services provider, has reappealed in Delhi High Court in the connection with the 'Peak Margin' SEBI Circular

L&T receives multiple orders in domestic and international market. Infrastructure company Larsen & Toubro (L&T) Wednesday said it has received multiple orders across business segments in the domestic and international market. The company did not provide the value of the contracts but said the orders fall under the "signif

KIMSHEALTH gearing up for an IPO, to give exit to PE investor True North. The hospital chain is planning to add 1,000 beds in India and GCC countries in the next three years

HC seeks Future's stand on Amazon plea to set aside court's observations. Delhi High Court sought response of Future Retail on Amazon's plea challenging observations by a judge the US e-commerce giant's attempt to control Indian entity was violative of FEMA and FDI rules

Private banks Q3 preview: Debt restructuring nos eyed; PAT may grow 20% YoY. Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.

Indian Railway Finance Corp's Rs 4,600-crore IPO to open on January 18. The initial public offering of Indian Railway Finance Corporation, worth over Rs 4,600 crore, will open on January 18 and close on January 20. The price band of the IPO will be of Rs 25-26 per share

Coal India increases capex by 30% for current fiscal year to Rs 13,000 cr. Move in line with Centre's directive to increase expenditure for economic revival

Unichem Labs gets USFDA nod to market capsules to treat osteoarthritis. Drug firmUnichem Laboratories on Wednesday said it has received approval from the US health regulator to market its generic Celecoxib capsules

Spur Technologies sets up production unit at Hero Industrial Park. Premium bicycle parts maker Spur Technologies announced setting up of a manufacturing unit at the upcoming Hero Industrial Parkat Ludhiana

Amazon Prime Video unveils mobile-only plan in India, starting at Rs 89. Amazon Prime Video announced the introduction of mobile-only plans in India - a global first - starting at Rs 89

HC seeks Future's stand on Amazon plea to set aside court observations. The prima facie observations by a single judge are that the US e-commerce giant's attempt to control the Indian entity was violative of FEMA and FDI rules

Amazon India launches online academy to coach JEE aspirants. Amazon.com Inc has launched an online academy to train students for one of India's most competitive college entrance tests

Chennai airport's new terminal to be commissioned by 2022-end: AAI. The Chennai airport's new integrated terminal, which would be constructed after demolishing existing terminals 2 and 3, would be commissioned by December 2022

Larsen & Toubro bags orders up to Rs 2,500 crore for construction jobs. Infrastructure major Larsen & Toubro (L & T) said on Wednesday it has won orders for construction of metallurgical plants besides power transmission and distribution projects in the range of Rs 1,000 crore to 2,500 crore.L & T said that its metallurgical

M&M cuts over half of North America workforce over pandemic: Report. Positions include engineers and manufacturing jobs at its plant in Detroit that produces the off-road vehicle Roxor, as well as sales executives

Motilal Oswal's real estate arm to raise Rs 800 crore via fifth fund. The fund has been set up as an alternate investment fund, firm expects to achieve first close by March and conclude fundraising in the next 6-9 months

Farmers' body asks PM Modi to withdraw bill on cigarette, tobacco. Farmers' body asked PM Modi to recall the proposed bill to amend the law regarding cigarettes and other tobacco products

Wipro Q3 profit grows 21% YoY to Rs 2,968 crore, margins expand 243 bps QoQ. The company declared dividend of Rs 1 per share

Infosys Q3 profit rises 17% YoY to Rs 5,197 cr; ups margin guidance to 5%. The IT major delivered its highest Q3 sequential growth of 5.3 per cent in 8 years in constant currency

Amazon takes on edtech cos Byju's, Unacademy with launch of Amazon Academy. Live lessons help students strengthen their JEE preparation. They can also track their progress over time, identify strong and weak areas, get insights on overall test-taking strategy

Paytm Money to offer F&O trading, eyes facilitating turnover of Rs 1.5 trn. Paytm Money, a wholly-owned subsidiary of fintech major Paytm, on Wednesday said it will provide Futures & Options trading (F&O) on its platform as it eyes facilitating daily turnover of Rs 1.5 lakh crore in next 18-24 months. The platform - which also off

Telegram crosses 500-mn subscriber mark led by user additions in Asia. Telegram crossed 500-million subscriber mark globally and added 25 million new users in the last few days as it gained ground amid the controversy over WhatsApp's latest privacy policy update.

Sterlite Power completes merger of Sterlite Power Grid Ventures with itself. Sterlite Power on Wednesday announced completion of merger of its arm Sterlite Power Grid Ventures Ltd with itself.

Agritech start-up Ergos receives Rs 22.5 crore from UK's CDC Group. Agritech start-up Ergos on Wednesday said it has received Rs 22.5 crore (USD 3 million) from the UK's CDC Group as the closure to its Series-A round, which constituted Rs 81 crore (USD 11 million).

Essar to invest 750 million pound to set up hydrogen project in UK. Essar Group in partnership with clean energy specialist Progressive Energy will invest 750 million pound to build the UK's biggest low carbon hydrogen production hub

Essar-Progressive Energy JV to develop UK's first low carbon hydrogen hub. The production hub will deliver clean energy to industry in the HyNet 'low carbon cluster', as well as for domestic and transport purposes

PayTM says could turn profitable in 2021 as Covid-19 earns it users. Vijay Shekhar Sharma said the crisis had forced more merchants to use PayTM's platforms as businesses were forced to accept digital payments

CESC consolidated net profit rises 25% to Rs 328 crore in December quarter. Power utility CESC Ltd on Wednesday reported a 25-per cent on-year rise in consolidated net profit to Rs 328 crore for the December quarter.

Both Serum's Covishield, Bharat Bio's Covaxin vaccines cost same to Centre. People can't choose between Covishield & Covaxin, says govt; vaccine to take effect two weeks after the second dose

11 domestic companies in Hurun's top 500 list, India ranked 10th. The total value of these 11 companies grew 14 per cent and has been pegged at 5 billion or nearly a third of the Indian GDP

Former Reliance Infrastructure CEO Lalit Jalan to head VC firm in India. Jalan has a career spanning over four decades in diverse sectors like finance, infrastructure, power, telecom, healthcare, defence and entertainment

Tesla marks India entry with new office in Bengaluru, names three directors. Welcoming the move, Gaurav Gupta, Principal Secretary at the government of Karnataka, said the state had been in regular touch with Tesla for a few months

Bharti Airtel initiates process to revise foreign investment limit to 100%. Higher foreign investment limit can lead to an increase in Airtel's weight in the global indices, say analysts

Tata Elxsi net profit up 39.5% at Rs 105.2 crore in Dec quarter. Tata Elxsi on Tuesday said its net profit has increased 39.5 per cent to Rs 105.2 crore for the December 2020 quarter. The company had registered a net profit of Rs 75.4 crore in the year-ago period, Tata Elxsi said in a regulatory filing. Its revenue from

Byju's in talks to buy Aakash Educational Services for 0 million. New Delhi-based Aakash Educational Services Limited (AESL) is the biggest education organisation in India

Power sector regulator to embrace AI, machine learning to boost functioning. The CERC will be the first such quasi-judicial regulatory body to embrace AI and machine learning (ML)

L&T Infotech, IBM to establish innovation centre in Bengaluru. Digital solutions major Larsen & Toubro Infotech (LTI) is expanding its multi-year global alliance with IBM to help businesses transform their operations through hybrid cloud adoption.LTI will help clients migrate and modernise core business applications

Wipro Q3 preview: Net profit may rise up to 10% YoY; Q4FY21 guidance eyed. Prabhudas Lilladher sees Wipro's guidance for the fourth quarter of FY21 to be in the range of 2-4 per cent

Infosys Q3 preview: Large deals, acquisitions to drive PAT by up to 16% YoY. Analysts say the company may revise its FY21 revenue guidance upwards

Cement manufacturers accuse builders of misleading govt, cartelisation. The development comes a day after Union Road Transport Minister Nitin Gadkari said that the cement industry was trying to raise prices through cartelisation

Two BSES discoms pay Rs 400 cr in dues to NTPC-owned Aravali Power. Last week, NTPC served notices to six states and two Union Territories for non-payment of dues, saying it would shut off or restrict power supply if the discoms failed to clear their dues

Toyota Kirloskar Motor lifts lock-out at Karnataka plant after 2 months. The employees' union, however, claims that of 3,500 workers, only 300 have rejoined while rest continue to protest

Flipkart picks 8 finalists for startup accelerator program; ,000 grant. The startups will now undergo a 16-week mentorship program and receive an equity-free grant of ,000

Indian Oil plans Tatkal LPG Seva to deliver cylinders on day of booking. Officials say service to be rolled out in a few months

Cube Highways replaces Lanco in 80-km Nelamangala-Devihalli highway project. Set up a new SPV pursuant to the substitution rights of the senior lenders in the concession agreement

Tata Chemicals in advanced talks for Archean's industrial salt unit. A potential deal could offer a reprieve to Archean, which has been struggling to service its debt obligations for the past two years

IT major TCS to acquire General Electric's stake in TCS Saudi Arabia. IT major Tata Consultancy Services (TCS) on Tuesday said it will acquire GE's stake in Tata Consultancy Services Saudi Arabia for ,471

About 60% restoration work done at Wistron unit: Karnataka labour minister. Says priority is to restart plant within 2-3 weeks, make sure all workers get back to work. Confirms all staff dues have been cleared by company

Bharat Biotech signs deal with Brazilian wholesaler to supply Covaxin. Quantum of doses to be exported not known

Byju's to pay billion for Blackstone-backed Aakash Educational Services. Aakash Educational Services runs Aakash Institute, which has over 200 brick and mortar centers and tutors students to gain entry into the country's elite engineering and medical schools

Lalit Jalan, ex-CEO of Reliance Infra, joins as 3Lines India Chairman. The four-year-old firm based out of Denver, Colorado, invests in AI-enabled and disruptive software technology-based startup companies

Private equity firm Stakeboat Capital floats fund for raising Rs 1,000 cr. Fund-II will remain focused on investing in growth equity in SMEs in the form of control and buyout transactions, the Bengaluru-based company said in a statement

SJVN board approves plan to raise up to Rs 2,000 cr via bonds, debentures. The funds will actually be raised from time to time with the approval of a competent authority as per the powers delegated in this regard by the company's board

DGGI issues show-cause notice to Amazon India over Rs 175 cr tax demand. Probe has allegedly found calculation errors by Amazon. The company paid higher GST but instead of claiming refund took wrong input tax credit

Tech Mahindra to acquire Payments Technology Services for Rs 66 cr. The acquisition will give Tech Mahindra access to IPs and licenses for two products - Open Payment Framework (OPF) and Multi-Bank System (MBS), a regulatory filing said

Tesla registers in India, names 3 directors with Bengaluru as office. Tesla Motors India and Energy Private Limited was incorporated on Jan. 8 with its registered office in the southern city of Bengaluru, a hub for several global technology companies

Blackstone's Aadhar Housing may file bn IPO prospectus in India soon. Founded in 2010, Aadhar has more than 294 branches across the South Asian country, providing financing solutions to customers whose monthly income ranges between to 5

Ecom Express expands to Bangladesh, invests Rs 80.6 cr in Paperfly. Logistics solutions provider Ecom Express on Tuesday said it has invested USD 11 million (about Rs 80.6 crore) in Bangladesh's largest third-party e-commerce logistics (3PL) firm, Paperfly.

Passenger vehicle retail sales rise 24% to 271,249 units in Dec: FADA. Automobile dealers' body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 per cent to 2,71,249 units on the back of the pent up demand continuing from the festive season. According to the Federa

Advertising volumes grow 10% in 2020, Dettol steals show: BARC data. Growth in ad volumes for 2020 was up 10 per cent from a year ago, with the recovery being sharp in the second half of the year when the Unlock phase began

Amazon writes to Sebi again, urges it to suspend review of Future-RIL deal. This is the sixth instance of the e-commerce giant writing to Sebi on the matter

Vistara to operate daily flights on Delhi-Sharjah route from Jan 20. Full service carrier Vistara said on Monday it will be operating daily flights between Delhi and Sharjah from January 20 onwards

Uber, Ola face DG-GST Intelligence probe related to alleged tax evasion. Summons issued to officials of the two firms for hundreds of crores of alleged evasion

Flipkart, NITI Aayog collaborate to enhance Women Entrepreneurship Platform. Walmart-owned Flipkart on Monday said it has partnered with Niti Aayog to launch the revamped Women Entrepreneurship Platform.

Bombay HC restrains Sebamed ads across media; next hearing on January 14. Grants interim relief to Hindustan Unilever

DoT says BSNL and MTNL turned Ebitda-positive in first half of FY21. BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan

Amazon urges Sebi to suspend review of .4 billion Future-RIL deal. Amazon also urged Sebi about not granting any no-objection in relation to the same and directing the Indian Stock Exchanges not to issue any no-objection/approval letter to Future Retail

KKR raises .9 billion for its first Asia-Pacific infrastructure fund. KKR raises .9 billion for its first Asia-Pacific infrastructure fund

CBDT rules out extension of deadline for filing audit reports, ITRs. It said the due dates of filing audit reports have already been extended thrice till January 15 this year.

After Airtel and Voda, Tata Tele moves SC seeking AGR dues recalculation. The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.

Some lending apps thrive on India's Google Play despite policy violations. At least 10 Indian lending apps on Google's Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers

Air India's longest direct route all-women team flight lands in Bengaluru. In a historic move, Air India's longest direct route flight with the all-women pilot team landed at Kempegowda International Airport in Bengaluru from San Francisco

AGC Networks raises Rs 225 crore via issuance of warrants to promoters. AGC Networks Limited, a part of Essar Group, on Monday said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the company

Nao Spirits and Beverages raises million led by existing investors. Nao Spirits and Beverages on Monday said it has raised USD 2 million (around Rs 15 crore) in a funding round led by existing investors, family offices and a boutique VC firm. The company which is into premium craft gin space has now raised a total of USD 5

Volkswagen Finance acquires majority stake in KUWY Tech for undisclosed sum. KUWY is an Automotive FinTech Company, powering Instant Lending across Point of Sale

BHEL secures Rs 450 cr order for steam and power plant from NALCO. BHEL said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited

IFC to fund Parag Milk's working capital needs, long-term expansion plans. Parag was established in 1992 and is one of India's largest dairy companies

Apeejay Surrendra Park Hotels signs on 320 rooms under management contract. Aims to have 60% such rooms, 40% owned, in three years as it goes asset light

Carlsberg India probes find 'potential improper payments', child labour. The findings cast a fresh shadow on operations and compliance practices at the Indian joint venture of Danish brewer Carlsberg A/S

BSNL, MTNL turn EBITDA positive in first half of FY21: Telecom Department. State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, DoT said on Monday

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NSE share market NEWS tomorrow (13 January, 2021). NSE stocks in NEWS (tomorrow)

 

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