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NSE share market NEWS tomorrow (28 December, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (28 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 December 2020

Kpit Technologies was amongst the top gainers, currently trading at 130.15 in NSE with 3.254 times change in volumes and 9.186% change in price. Other gainers included Apl Apollo with 6.281% price change and 3.684 times volumes, Steel Authority with 6.141% price change and 0.569 times volumes, Dixon Techno with 6.086% price change and 2.576 times volumes, and Jsw Steel with 5.556% price change and 1.446 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.

Biocon was amongst the top losers, currently trading at 465.80 in NSE with 3.505 times change in volumes and -3.351% change in price. Other losers included Pg Electroplast with -2.416% price change and 1.71 times volumes, Varun Beverages with -2.288% price change and 0.619 times volumes, Supreme Industries with -1.73% price change and 6.976 times volumes, and Blue Star with -1.344% price change and 0.602 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.

Tata Power subsidiary inaugurates 5 kilowatt biogas plant in Bihar. TP Renewable Microgrid (TPRMG), a wholly-owned subsidiary of Tata Power inaugurated a 5 kilowatt (kW) bio-gas plant in Muzaffarpur, Bihar

Start-up VoltUp partners with HPCL for battery swapping centres. Electric two and three wheeler battery swapping solutions start-up VoltUp on Monday said it has partnered with Hindustan Petroleum Corporation Ltd (HPCL) for opening battery swapping centres.

Flipkart Wholesale app logs 75% month-on-month growth in customer base. Flipkart Wholesale app, which currently offers fashion products to retailers in 23 cities, witnessed 75 per cent month-on-month growth in customer base since its launch in September

Adani Ports crosses Rs 1 trillion-mark in market capitalisation. AICTPL raising first 0 million public dollar bond at lowest coupon size lends support

Tesla Inc to start with sales, manufacturing in India next year: Report. Tesla Inc will come to India early next year, country's transport minister Nitin Gadkari told national daily the Indian Express on Monday.

Skyways ties up with SpiceJet for Covid-19 vaccine transportation. Air freight forwarder Skyways Air Services on Monday said it has joined hands with budget carrier SpiceJet for transporting COVID-19 vaccine across India.

LIC sells 2% stake in pvt lender ICICI Bank via open market transactions. Following the stake sale, LIC's holding in the bank has reduced to 6.74 per cent from 8.74 per cent earlier,

PNB completes IT integration of all branches of two merged entities. State-owned Punjab National Bank (PNB) on Monday said it has completed IT integration of all branches of erstwhile United Bank of India with itself.

Farmers' protest: Over 1,500 telecom towers damaged in Punjab, services hit. Power supply to towers that relay telecom signals was snapped and cables cut in several parts of the state as farmers vented their anger on the infrastructure owned by Mukesh Ambani's firm Jio

Apax Partners buys 3i Infotech's software product business for Rs 1,000 cr. The deal values the software business higher than the market capitalisation of the entire company (3i Infotech) which stands at around Rs 908 crore

Reliance Capital raises objection to PFL stake sale by Credit Suisse. Reliance Mediaworks Financial Services Private Limited, an RCAP Group company, is one of the investors in PFL - promoted by Naresh Malhotra and Namit Malhotra.

Adani Group's container terminal subsidiary raises 0 mn via dollar bonds. The issue witnessed participation from marquee investors with interests coming in from around 220 accounts and was oversubscribed by almost ten times

Replacement market helps tyre cos end 2020 with better capacity utilisation. While sales to original equipment manufacturers declined 16.3% year on year in FY20, the replacement market sales declined by a modest 2.6% over the same period

Covid-hit retailers look at 2021 with cautious optimism, says survey. The survey is by the Retailers Association of India (RAI)

Wipro's Rs 9,500 cr buyback opens tomorrow. Should you tender your shares?. Thus far in calendar year 2020 (CY20), Wipro has gained 54.2 per cent as compared to 13.72 per cent gain in the benchmark S&P BSE Sensex

Businesses improving, India Inc expecting better results in 2021: Survey. The findings are from a joint survey conducted by FICCI and Dhruva Advisors showed on Monday

Power giant NTPC declares Dulanga coal mine commercially operational. State-owned power giant NTPC on Monday said its Dulanga coal mine is commercially operational from October 1, 2020. "...based on achievement of approved norms and due approval; Dulanga Coal Mine (in Odisha) of NTPC Limited, having an ultimate peak rated an

Air India employees seek status quo on benefits post privatisation. Air India pilots' associations has asked its members to maintain the printed weekly offs and not to change them

MNC office space leasing for R&D rose five-fold in 2014-19 period: Report. Gross office space leasing by multi national companies to set up R&D centres across major Indian cities stood at 14.13 million sq ft in 2019, a nearly five-fold jump from 2014, as the country remains an attractive destination for global outsourcing, accord

Murugappa Group signs agreement for settling CG Power's dues, loan recast. Says CG Power's resolution of outstanding obligation towards its lenders has been completed by upfront payment of Rs 650 crore to lenders as compromise settlement

Employees seek extension of benefits in case of Air India privatisation. Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri

Air India staff protest pay cut, demand arrears ahead of privatisation. Unions ask pilots not to undertake extra duties, AIEU seeks with aviation minister on leave encashment, continuation of medical benefits, among other things

Ant turning from windfall to nightmare for its global investors. Authorities berated Ant for sub-par corporate governance, disdain toward regulatory requirements, and engaging in regulatory arbitrage

FM Logistic plans to double warehousing capacity in next 3-4 years. CEO Soufiani expects sales to return to pre-Covid levels by March 2021 as 90 per cent of the business has already recovered by December

DLF rental arm to buy Hines stake in commercial project in Gurgaon. Realty major DLF's rental arm DCCDL has entered into an agreement to acquire the stake of US-based Hines in a premium commercial project in Gurugram for Rs 780 crore

Covid impact: Coal India to diversify into non-coal mining areas in 2021. CIL is set to diversify into non-coal mining areas as well as make major investments in clean technology in 2021 after demand for the dry fuel remained muted for most of this year

Voda Idea deploys 3G spectrum for 4G services in Mumbai to increase speed. Vodafone Idea has 5 megahertz of spectrum in 2100 Mhz band which was being used for 3G services

Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more. Here are the top business headlines on Friday

Hero Electric targets 10-15% growth in 20-21, scouts for PE investors. The company is looking to increase its capacity by over 200%

SpaceX to begin flight testing Super Heavy booster in few months: Elon Musk. Elon Musk-run SpaceX will start flight testing its Super Heavy booster (starting with low-altitude "hops") in a few months from now

USFDA informs Biocon, Mylan of deferred action on biosimilar license plea. Biocon said its arm, Biocon Biologics, and Mylan have been informed by the USFDA of a deferred action on the biologics license application for a biosimilar to drug Avastin

Reliance to buy out IMG Worldwide from sports management joint venture. Reliance Industries Ltd has agreed to buy out IMG Worldwide LLC from their sports management joint venture for Rs 52.08 crore

NDTV promoters to appeal against Sebi order imposing fine of Rs 27 crore. The regulator in its order said the loan agreements had clauses that have an adversarial effect on NDTV shareholders

IKEA India FY20 loss widens to Rs 720 cr; net sales up 64.7% at Rs 566 cr. Furniture retailer IKEA India saw its net loss widen to Rs 720.1 crore in the financial year ended March 2020

Maruti Suzuki's Super Carry records cumulative sales of over 70k units. Automobile major Maruti Suzuki's commercial vehicle Super Carry has reached a cumulative sales of more than 70,000 units in the last four years.

Dish TV gets demand notice of Rs 4,164.05 cr from govt for licence fee. Direct-to-home operator Dish TV on Friday said it has received a demand notice from the government for payment of Rs 4,164.05 crore, which includes licence fee and interest.

Optiemus Infracom plans to set up mobile manufacturing unit in Noida. The company has plans to raise Rs 285 crore from sale of one of its buildings in Noida to Kailash Darshan Housing Development

Delhi HC allows SFIO to quiz Singh brothers for 2 weeks starting Jan 1. Justice Vibhu Bakhru allowed the SFIO to interrogate the Singh brothers, former CMD of REL Sunil Godhwani and Kavi Arora for two weeks from January 1, 2021 onwards

DLF rental arm to buy Hines stake in Gurugram project for Rs 780 cr. Hines has around nearly 52 per cent stake in the One Horizon Centre while the rest is with DCCDL

India's steel companies leading metals towards best rally in decade. The S&P BSE Metal Index has surged by around a third so far in the three months through December, jumping the most since the quarter ended June 2009

Aurobindo Pharma joins hands with Covaxx for coronavirus vaccine. According to a release issued by the drug maker, Covaxx is currently conducting a Phase 1 clinical trial for the vaccine candidate

DoT asks e-commerce sites to pull down listings of mobile signal boosters. The DoT has also carried out raids across multiple locations in South Mumbai over the last two days which led to the removal of 68 illegal boosters (or repeaters), it added

NDTV to appeal against Sebi order imposing fines on firm, promoters. The promoters' lawyers will appeal against the order and its baseless findings at the Securities Appellate Tribunal, NDTV said in a statement

Vodafone retro tax: India challenges arbitration ruling in Singapore. India has faced a string of arbitrations by investors including Deutsche Telekom, Nissan Motor Co, Vodafone and Cairn Energy over issues ranging from retrospective taxation to payment-related disputes

Kerala's Ayurveda hospitals expect 2021 to bring back medical tourists. The Ayurveda industry - the mainstay of Kerala's tourism sector - has taken a severe beating due to the Covid-19 pandemic

EY to hire 9,000 professionals in India in 2021 in various technology roles. EY in India has over 50,000 people working in all member firms including global delivery centers

L&T Construction 3D prints India's first building with reinforcement. This achievement will certainly give a huge fillip to the mass housing segment, said the company

Former Cognizant CMD to join Krea University as pro vice-chancellor. Ramkumar Ramamoorthy will help strengthen Krea's vision to be a teaching, research university that defines global benchmarks through interwovenness and experiential learning

Sebi orders attachment of bank, demat accounts of Sunshine Global Agro. Markets regulator Sebi has ordered attachment of bank and demat accounts of Sunshine Global Agro and its directors to recover dues

Flipkart CEO to join board; 3 new directors brought in ahead of IPO plan. Steuart Walton, the scion of the billionaire Walmart dynasty, quits Flipkart board. Keki Mistry, vice chairman and CEO of HDFC, among new directors

Snapdeal FY20 revenue increases marginally to Rs 846.4 cr. E-commerce marketplace Snapdeal said its consolidated revenue from operations has grown marginally to Rs 846.4 crore in FY20

India challenges Vodafone arbitration award, plans the same in Cairn case. Experts mixed on the Indian government response. Some say it will send wrong signal to investors, while others say bilateral investment treaties exclude tax disputes

Air India pilot unions warn of 'industrial action' over salary cuts. Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts

Industry lobby seeks clarity on draft rules under four new labour codes. New rules silent on treating benefits like medical allowance and rent free accommodation as part of wages

Central Bank of India to exit housing fin biz; to sell stake for Rs 160 cr. State-owned Central Bank of India will exit housing finance joint venture by selling its entire stake of over 64 per cent to Centrum Housing Finance for Rs 160 crore.

Covid-related disruptions had no impact on Jaguar Land Rover: Tata Motors. Reassurance comforted investors; Stock surged by 3.96 per cent

Zydus Cadila seeks nod for phase three clinical trials of Covid vaccine. The vaccine was found to be safe and well tolerated in tests on more than a thousand healthy adult volunteers in phase 1 and 2 trials

CIL's coal allocation to power sector under e-auction rises 5.9% in Apr-Nov. State-owned CIL's coal allocation to the power sector under the special e-auction saw a 5.9 per cent rise to 17.96 million tonnes (mt) in the first eight months of the current financial year.

Retailer Myntra Designs sees loss widening to Rs 744.4 crore in FY20. Online fashion retailer Myntra Designs saw its loss widening to Rs 744.4 crore for the financial year ended March 2020, according to regulatory documents.

Ind-Ra upgrades ratings for Lodha Developers group company Macrotech. Macrotech Developers' leverage and sales are expected to improve from FY22, helping its outlook

Amazon Seller Services revenue up 42%; losses rise to Rs 5,849 crore. The e-commerce company's total expenses for the fiscal were reported at Rs 16,877 crore

In midst of holiday season, Dubai flights hit by seat allocation dispute. The dispute required the intervention of external affairs ministry post which Dubai has agreed to allow Indian airlines to operate 4,800 seats per week

Myntra Designs revenue up 58% to Rs 1,719 crore, losses increase by 38%. With a view to have its presence outside India and to explore business opportunities abroad, the company had strategically invested in Myntra Inc., USA.

London-based Vedanta Resources raises stake in India unit to 55.1%. VRL bought 18.5 crore shares at a price of Rs 159.94 per share, the company said in a statement on its website

CFO Optimism Index at all-time low for Oct-Dec quarter: D&B report. The confidence level of chief financial officers over the overall financial and macro-economic conditions in the country reached an all-time low for the October-December quarter, says a report. According to the Dun and Bradstreet Composite CFO Optimism Ind

Dish TV may have to pay over Rs 185 crore in past dues: Sources. Their total dues and debt in the firm will now go up to Rs 2,500 crore, leaving them with no option but to raise liquidity, according to sources

Covid-19 delays Boeing's aircraft manufacturing plan in India: Report. The U.S. planemaker's decision comes at a time when the pandemic has also forced Japanese carmaker Honda Motor Co to halt production at one of its two factories in India

Indian corporate boards not really independent: Local Circles survey. Many independent directors are not really independent and that a majority of independent directors in publicly traded Indian firms

Paytm revenue up 1.4% to Rs 3,629 cr; losses decrease 30% to Rs 2,942 cr. The company's total expenses for the fiscal were reported as Rs 6,226 crore on a consolidated basis

'Outstanding at what she does': India-born rakes in billions for JPMorgan. Advising companies on M&A is one of the prestige roles in investment banking, generating both huge fees and headlines when a deal comes together

Honda puts the brakes on Civic, CR-V models, shuts Greater Noida plant. Honda, which is shifting its entire manufacturing facility to Tapukara in Rajasthan, however, says this will help it to rationalise cost and have a better shot at profitability

India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages. This is the second setback for Indian government related to retrospective taxation after it lost the arbitration case against Vodafone three months ago

Despite Covid-19, M&A and PE deal value rose by 7% to billion in 2020. Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.

IndiGo recovering from Covid-19 induced aviation 'carnage' and may rehire. IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown

Indian firms see a silver lining in cloud adoption in pandemic-hit year. The Covid-19 pandemic accelerated Cloud adoption by several years in 2020

Azim Premji, SBI MF invest Rs 350 cr in Tube Investments preferential issue. The money will be used to fund TII's organic and inorganic growth, including acquisition of CG Power and Industrial Solutions and TII's proposed capex

Sonalika launches India's 1st field ready electric tractor 'Tiger Electric'. Unleashing a new era of agri innovation, Sonalika, India's fastest growing tractor brand and No.1 export brand across Europe, Americas, Africa and over 130 countries, has raised curtains from India's first field ready electric tractor 'Tiger Electric'.The

Pharma revenue, margins likely to remain healthy in next fiscal: ICRA. Revenue growth for IPM (Indian Pharmaceutical Market) is expected to be 7-9 per cent in FY2021 despite muted growth in Q1 FY2021

Cairn Energy wins tax arbitration against India: What the case is all about. India lost the Cairn arbitration case. The case was related to the retrospective tax amendment law and the verdict came late night Tuesday. How did the dispute arise? Listen to the podcast for more

Thanks to Reliance, Deal Street grows 7% in value to bn in 2020: Report. Despite the coronavirus pandemic and the resultant ravaging of the global economy, the Deal Street managed to grow 7 per cent in 2020 over 2019 to about USD 80 billion across 1,268 transactions, thanks to a string of big-ticket deals by Reliance, according

Quikr has ended animal sales, taken down pet trading listings: PETA India. PETA India claimed that e-retailer Quikr has ended "animal sale" on its portal and taken down "pet trading" ads

HC said Amazon's attempt to control Future violates FDI rules: Indian firm. The court ruled that Amazon's attempt to control Future Retail through a conflation of agreements it has with an unlisted unit of the Indian company will be violative of the FEMA FDI rules

20-year-long DTH licence to provide certainty to industry: Tata Sky. Tata Sky said the government's decision to grant licences to the operators for a longer 20 years would provide certainty to the industry

Tata Communications acquires 58.1% stake in eSIM company Oasis. Tata Communications has acquired a controlling stake in France-based eSIM company Oasis Smart SIM Europe SAS (Oasis)

Wipro shares jump nearly 6% after IT partnership with Metro AG. Shares of Wipro on Wednesday jumped nearly 6 per cent after the company said it has signed a 700 million-digital and IT partnership deal with Metro AG

Airtel continues to add users in October even as Vi continues to lose. Airtel tops with 3.8 million new subscribers to take base to 330.29 million, Jio adds 2.2 million; Vi lets go of 2.7 million

Infosys shares gain nearly 3% after Daimler deal for IT infrastructure. Shares of Infosys closed with nearly 3% gains on Wednesday after the company said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation.

HDFC's green housing retail loans cross Rs 14,000 cr across 310 buildings. The largest pureplay mortgage player HDFC, which on Wednesday signed a pact with the Indian Green Building Council (IGBC), said its green housing retail loan book has crossed the Rs 14,000-crore-mark across 310 certified green buildings. The mortgage lende

Netflix's Reed Hastings collects 5 million in stock sale. Hastings has collected enough cash in 2020 to produce all four seasons of "The Crown"

Hiring, better appraisals back on India Inc agenda amid Covid-19 pandemic. The pandemic emerged the biggest inflection point for the Indian job landscape.

Wipro to acquire IT verticals of Metro AG in a 0-million deal. As a part of this transaction, Wipro will take over the IT units of Metro AG - Metro-NOM GMBH in Germany and Metro Systems Romania S.R.L

Anil Ambani's Reliance Capital gets 10 more bids for subsidiaries. Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020

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NSE share market NEWS tomorrow (28 December, 2020). NSE stocks in NEWS (tomorrow)

 

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