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NSE share market NEWS tomorrow (24 December, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (24 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 24 December 2020

Vedanta was amongst the top gainers, currently trading at 162.85 in NSE with 3.699 times change in volumes and 8.242% change in price. Other gainers included Cg Power with 4.994% price change and 1.817 times volumes, Ambuja Cements with 4.005% price change and 2.76 times volumes, Oil India with 3.764% price change and 2.41 times volumes, and Multi Commodity with 3.543% price change and 0.712 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.

Idea Cellular was amongst the top losers, currently trading at 10.10 in NSE with 0.669 times change in volumes and -4.265% change in price. Other losers included Oberoi Realty with -3.737% price change and 0.919 times volumes, Indian Hotels with -2.803% price change and 0.731 times volumes, Abb Power with -2.538% price change and 0.261 times volumes, and Kpit Technologies with -2.535% price change and 0.399 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.

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

IndiGo allows partial rebooking if passenger's connecting flight cancelled. The rebooking or refund option is only for that leg of the journey that has been cancelled by the airline

Bajaj Auto to invest Rs 650 crore to set up new plant in Maharashtra. The facility is expected to start producing high-end KTM, Husqvarna and Triumph motorcycles as well as some EVs in 2023

GIC, ESR Cayman form 0-million joint venture to invest in logistics. The JV will be seeded with a 2.2 million sq ft build-to-core asset, located in close proximity to the large consumption hubs of Mumbai and Thane

JP Morgan demands loan repayment of Rs 268 cr from M&M SsangYong Motor Co. JP Morgan has sought repayment of loan worth 40 billion Korean wons from Mahindra & Mahindra's troubled foreign arm SsangYong Motor Company (SYMC) but the South Korean auto maker has expressed its inability to pay the amount now. Following the Korean autom

Ratan Tata gets 'Global Visionary of Sustainable Business and Peace' award. Ratan Tata was conferred the title of "Global Visionary of Sustainable Business and Peace" by the Federation of Indo-Israel Chambers of Commerce for epitomising "unity, peace and sustainability"

Stellaris Venture Partners to launch 0 mn fund; IFC to invest mn. The fund plans to invest in 20-25 companies across healthcare, education, financial services, logistics, consumer internet and enterprise technology

Indian govt invites bids to sell its 63.75% stake in Shipping Corporation. The Indian government invited bids to sell its 63.75% stake in Shipping Corporation of India to a private investor, in a key asset sale that was delayed due to the coronavirus pandemic

Dailyhunt parent VerSe becomes unicorn after funding from Google, Microsoft. The new funding comes at a time when VerSe Innovation is expanding its family of apps through its leading short video platform Josh, which is available in 12 local languages

Garment Mantra acquires 83.8% stake in Jannat Fabrics, to pick up 100% soon. The management is expecting to acquire 100 per cent stake in the next few months to make it a wholly-owned subsidiary of Garment Mantra.

SucSEED Indovation announces first closure of maiden Rs 100 cr fund. Indovation Fund has identified three startups Stargate, Auris, and Freestand for investment and has signed term sheets

Embassy REIT raises Rs 3,680 cr to partly fund acquisition of IT park. Embassy Office Parks REIT has raised Rs 3,680 crore (1 million) through sale of units to institutional investors and will use this amount to partly fund its acquisition of IT park in Bengaluru

InMobi's Glance turns unicorn with 5 mn investment from Google, Mithril. Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones

Crypto exchange Coindcx raises Rs 100 cr in 3rd round of funding amid Covid. Coindcx, a cryptocurrency exchange, on Tuesday announced a Rs 100 crore or .9 million fund infusion in a funding round led by Block.one

Manappuram Finance says it raised Rs 400 crore via issue of bonds. Manappuram Finance on Tuesday said it has raised Rs 400 crore by issuing bonds on private placement basis

Govt invites bids for sale of its 63.75% stake in Shipping Corporation. Non core assets of the company are being hived off and will not be a part of the sale

Embassy Reit raises Rs 3,680 cr to fund acquisition of Embassy Tech Village. Listed in April 2019, Embassy Reit owns and operates a 33.3 million square feet portfolio

Oppo sets up 5G innovation lab in India, it's 1st such plant outside China. Smartphone maker Oppo on Tuesday said it has set up of its 5G innovation lab in India which is also the company's first 5G lab outside China

Indian TikTok clone gets Google, Microsoft backing in 0 mn fund raise. This comes months after the Chinese-owned short-video app was banned in the country

Apollo Tyres launches portal to foray into online sales space. Apollo Tyres on Tuesday forayed into online sales space with the launch of an e-commerce portal that allows customers in India to buy car and two-wheeler tyres. This will work on the 'buy online, fit offline' model, where consumers can purchase their chose

With increase in FDI flows, ICICI Bank increases focus on MNCs. With the increase in foreign direct investment into the country, ICICI Bank on Tuesday said it is upping its focus on serving the multinational companies

Hindustan Foods unit to invest Rs 125 cr to set up facility in north India. FMCG firm Hindustan Foods on Tuesday said its subsidiary will invest Rs 125 crore to set up a manufacturing facility in north India

'Reliance Capital's EOI for asset monetisation receives 60 bids'. Reliance Capital's expression of interest for asset monetisation garnered mega response with 60 bids being received

Reliance emerges as biggest wealth creator over last 25 years, finds study. Most of the gains came in the last five years, shows Motilal Oswal's annual wealth creation report

SUN Mobility aims to set up 100 battery swapping stations in Bengaluru. SUN Mobility said it plans to set up 100 battery swapping stations for electric vehicles (EVs) in Bengaluru by the end of 2021

Ola eyeing sites in India, Europe to build charging station network: Report. The network is for electric two-wheelers

MUFG Bank achieves green certification for solar farm in India. MUFG Bank has acted as sole green structuring advisor for a 3 million financing deal for SoftBank's latest solar project in India

AstraZeneca's Fasenra gets regulatory nod for asthma treatment. AstraZeneca India has received marketing authorisation from the Drugs Controller General of India (DCGI) for use of Fasenra

Stress and trauma of Covid-19 hold big space for renewal: Tata Sons chief. Tells 700,000 Tata group staffers that pandemics have inspired progress in medicine, urban planning, architecture and countless other fields in the past.

Wipro's Rs 9,500-crore share buyback offer to open on December 29. IT services major Wipro on Tuesday said its up to Rs 9,500-crore share buyback programme will commence on December 29 and close on January 11, 2021.

Bajaj Auto signs MoU with Maharashtra govt for Rs 650 crore plant. Bajaj Auto on Tuesday said it has entered into an initial pact with the Maharashtra government for setting up a production plant at Chakan at an estimated investment of Rs 650 crore.

Top cop to oversee probe into violence at Wistron's manufacturing facility. No definite time limit has been set for concluding the investigation

Centre extends suspension of fresh insolvency cases by another 3 months. The government has again extended the suspension of fresh proceedings under the insolvency law by three more months amid the disruptions caused by the coronavirus pandemic. A notification for a three-month extension of the suspension, which was to end on D

Fesschain launches blockchain powered smartphones, targets 10 mn shipments. Firm has tied up with a private manufacturer that can produce 10,000 pieces a day. But Fesschain is now scouting for a suitable location in Noida to set up its own production unit

Ruchi Soya shareholders approve appointment of Ramdev, Balkrishna on board. In a regulatory filing, Ruchi Soya, which sells soya products under Nutrela brand, said the shareholders have approved all resolutions at the annual general meeting with requisite majority

Sebi imposes Rs 1 lakh fine on Reliance Capital for regulatory violations. As per the regulations, depository participants are restricted from delegating their function to any other person, without the prior approval of the depository

Wistron plant violence: Enough stocks of iPhone SE 2020, says Apple. iPhone SE 2020 is one of the popular phones like Apple 11, which is the biggest seller in the domestic market.

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