NSE share market NEWS tomorrow (02 December, 2020). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (02 December, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 December 2020
Himachal Futuristic was amongst the top gainers, currently trading at 22.95 in NSE with 3.13 times change in volumes and 17.692% change in price. Other gainers included Phoenix Mills with 11.418% price change and 11.082 times volumes, Adani Enterprises with 7.549% price change and 2.144 times volumes, Indian Hotels with 7.41% price change and 5.068 times volumes, and Iifl Holdings with 5.807% price change and 1.044 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 52.35 in NSE with 0.394 times change in volumes and -4.818% change in price. Other losers included Canara Bank with -3.776% price change and 1.128 times volumes, Trent with -3.389% price change and 0.846 times volumes, Kotak Mahindra with -3.287% price change and 0.937 times volumes, and Aditya Birla with -2.564% price change and 0.937 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.
Paytm refutes report suggesting China's Ant Group considering stake sale. Paytm on Wednesday refuted a report saying Chinese financial technology giant Ant Group, one of its key stakeholders, might be considering sale of its 30% stake
Debt-laden Reliance Capital garners 60 bids in asset monetisation drive. Over eight bidders have bid for entire assets on as-is-where-is basis.
L&T sells UK-based marine automation solutions provider Servowatch Systems. Servowatch is headquartered in Heybridge, Essex, United Kingdom (UK) and has 44 employees in the UK and India
China's Ant considers Paytm stake sale amid tensions with India: Report. Paytm, which is also backed by SoftBank Group Corp among others, was valued at about billion during its latest private fundraising round a year ago.
Sahara files contempt petition in Supreme Court against regulator SEBI. Sahara claims SEBI's application seeking deposit of Rs. 62,602 crores from the company is wrong.
Maruti Suzuki sees 'much better' 2021 as economy rebounds: Chairman. Sales of cars and sport utility vehicles typically increase every year in the run up to Diwali
Xiaomi shares slide 7.1% after finalising .9 billion in equity deal. The company said 1 billion shares were sold at HK.70 each as part of the top up deal that was carried out overnight
Exxon Mobil in talks to buy stake in Indian oil, gas fields: Pradhan. Exxon Mobil had in October last year signed a memorandum of understanding (MoU) with ONGC to offer its expertise and technology for developing resources in offshore blocks.
SC denies Vedanta interim plea to reopen TN copper unit shut over pollution. The interim plea by Vedanta was opposed by Tamil Nadu government which claimed before a bench that the plant had been polluting consistently.
3 bids for India's second-biggest fuel retailer BPCL: Oil minister Pradhan. BPCL is India's sixth-largest company by turnover.
Salesforce agrees to buy workplace app Slack in .7 billion deal. Salesforce agreed to buy workplace app Slack in a .7 billion deal, biggest by the cloud-computing pioneer as it bets on an extended run for remote working and sharpens its rivalry with Microsoft
Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn. Mumbai-based Tata Group, with a combined revenue of about 3 billion and marquee brands such as Jaguar Land Rover and tea maker Tetley, is scouting for local e-commerce assets
Phoenix Mills signs term sheet with GIC for mixed-use retail platform. The assets include Phoeix Mills' Mumbai (Kurla), Pune malls and Mumbai (Kurla) offices having a total leasable area of 3.36 million sq ft
As world grapples with tech monopolies, can India's hard cap be a solution?. The country's unique approach is to decree limits on fintech competitors from the start
Auto sales contract in November as firms enforce inventory control. Sales higher than previous year, but lower than October
Vodafone Idea bites the bullet on tariff hike as firm struggles to pay dues. The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019
Pfizer vaccine not coming to India soon as trials yet to be conducted. Pfizer has not yet applied for holding clinical trials on Indian volunteers
SpiceJet partners cold-chain solution firms for Covid-19 vaccine transport. It is also leasing wide-body A340 planes, which have allowed it to expand its reach
Bharti Airtel hikes Infratel holding by 4.9%, stake reaches 41.6%. The telecom operator has bought close to 133 million shares in the tower arm at Rs 216 apiece, for a total of Rs 2,870 crore.
Supreme Court adjourns hearing in Tata Sons-Mistry case to December 8. The Tata group has appealed against a National Company Law Appellate Tribunal (NCLAT) order
Nettle Infra buys 4.94% stake in Bharti Infratel for Rs 2,882 crore. Bharti Airtel on Wednesday said its subsidiary Nettle Infrastructure Investments has acquired an additional 4.94 per cent stake in Bharti Infratel for Rs 2,882.32 crore.
Dell most trusted brand for 2nd straight year, iPhone at 4th slot: Report. A consumer poll has ranked American computer brand Dell as the most trusted brand in the country for the second year in a row, with Mi Mobiles occupying the second slot.
SC stays NCLAT order for competition watchdog's probe against Flipkart. The NCLAT had held the prima facie Flipkart had contravened Section 4 of the Competition Act, 2002 which is connected with the abuse of dominant position and predatory pricing.
60 companies submit bids for Reliance Capital's asset monetisation. Oaktree, JC Flowers, 6 others submit EoIs for entire company
Improving core market, consolidation and REIt listing to fuel gains for DLF. The company has plans to launch multiple projects over the next few years
US company PayPal partners with Razorpay to help small businesses go global. The partnership will make international payments seamless and safer, reducing wait time from days down to minutes
Leading honey brands fail adulteration test by foreign lab, says CSE. Only Marico's Saffola Honey clears all tests; Dabur, Emami, Patanjali say their products safe
IndiGo reaches 70% of its pre-Covid capacity, operating 1,000 daily flights. India resumed domestic passenger flights on May 25 after a gap of two months due to the coronavirus-triggered lockdown.
VC investments in online gaming start-ups hike 114% to 6 mn in 2020. According to reports, online gaming companies have risen up to 275 in 2019
ED challenges clean chit to Kochhars and Dhoot, moves appellate tribunal. Seeking immediate stay on the order, the agency feels the impugned order, passed by the authority, went beyond its jurisdiction
Delhi HC stops AAI from collecting 38.7% of Mumbai airport's revenue. Verdict a respite for MIAL, which invoked force majeure due to Covid disruptions
Royal Enfield domestic sales up marginally in November, exports double. Total sales during the month up six per cent, YTD sales down 30 per cent
Reliance Industries tops Fortune India-500 list second year in a row. Accounts for 7 per cent of cumulative revenues, 11 per cent of profits; ICICI Bank, L&T make it to top 10
Shapoorji Pallonji's Joyville to invest Rs 700 cr on Pune housing project. This project will have over 1,100 premium flats starting at an all inclusive price of Rs 64.4 lakh.
TVS Motor Company's domestic two-wheeler sales grow 30% in November. Motorcycle sales grew 26 per cent to 133,531 units.
Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 cr. This is to support micro, small and medium enterprises (MSMEs) during the ongoing pandemic the company said.
Oyo recovering from Covid, has bn to fund operations until IPO: CEO. Agarwal said the company's focus is on getting revenue per available room to 60 per cent to 80 per cent of pre-pandemic levels across all markets
Kalpathi Group enters ed-tech space with Rs 50 cr investment in new venture. Veranda will offer training programmes in test preparation for all competitive exams in India
IL&FS gets approval to sell road asset Jorabat Shillong Expressway. Infrastructure Leasing and Financial Services on Tuesday said it has received the approval of Justice (retd) D K Jain - who is overseeing the debt-laden group's resolution process - for sale of Jorabat Shillong Expressway to Sekura Roads Ltd. Sekura Roads
Honeywell partners with IISc to fund startups solving societal problems. Some of these startups are also working towards Covid-19 solutions, including building a new class of eco-friendly specialty fluorescent dyes and a rapid point-of-care diagnostics test for use in low
Bajaj Auto, Pierer Industrie AG start preliminary talks on stake transfer. This is to simplify the companies' shareholding pattern in premium bike maker KTM
Aurobindo Pharma completes sale of US subsidiary's Natrol to New Mountain. Drug firm Aurobindo Pharma said it has completed the sale of Natrol LLC, a wholly-owned unit of its US-based subsidiary, to private equity firm New Mountain Capital
Hershey's chocolates are not all that sweet for west African cocoa growers. The governments of Ivory Coast and Ghana have accused Hershey of maneuvering to circumvent premiums tacked on to the price of cocoa futures in order to raise incomes for hard-pressed cocoa farmers
Maruti Suzuki's November sales increase 1.7 per cent to 153,223 units. Automobile major Maruti Suzuki reported a growth of 1.7 per cent in its overall sales during November 2020 on a year-on-year basis
Glenmark Pharma gets tentative nod from USFDA for cancer treatment drug. Drug major Glenmark Pharma on Tuesday said it has received tentative approval from the US health regulator for Axitinib tablets, used in the treatment of kidney cancer. The tentatively approved product is the generic version of Inlyta tablets of PF Prism C
TVS Motor acquires integrated IoT solution provider Intellicar Telematics. Intellicar provides advanced fleet management solutions through an integrated platform powered by IoT technologies coupled with strong analytics and data management capabilities
Coal India reports 3.4% rise in production to 52 mn tonnes in November. Production during April-November 2020 increased to 334.5 MT, over 330.4 MT in the corresponding period of 2019-20, it added
After walkout fiasco, DHFL extends deadline for fresh bids to Dec 14. Value maximisation should be core principle: former AG Mukul Rohatgi
Australia a key market, Ola says amid reports of reduced operations. At a time when Covid-19 is pounding the transportation industry, it has been reported that Ola has closed local driver offices in Australia and suspended personal accident insurance for drivers there
Deal talks between Embassy, logistic firms hit an impasse on valuation. Warburg Pincus has 70 per cent in the joint venture while Embassy has 30 per cent
Our focus is to make an IPO-ready company, says OYO chief Ritesh Agarwal. 'We'll look at various things like the market situation, opportunities outside, and so on, and the board will consider and then potentially advise on the timeline,' Agarwal said
Flipkart India revenue grew 12% to Rs 34,610 cr in FY20; losses dropped 18%. The company's total expenses for the year were reported at Rs 37,760 crore. During FY20, the company allotted total equity shares worth Rs 4,455 crore to Flipkart Private Limited Singapore
Honda posts 55% rise in domestic sales in November at 9,990 units. Honda Cars India on Tuesday reported a 55 per cent increase in domestic sales at 9,990 units in November. The company had sold 6,459 units in the domestic market in November 2019, Honda Cars India Ltd (HCIL) said in a statement. Exports stood at 31 units l
F Born AG sells Tata Coffee shares worth over Rs 23 crore via open mareket. F Born AG on Tuesday sold more than 22 lakh shares of Tata Coffee Ltd, worth over Rs 23 crore, through an open market transaction.
Indian heritage SaaS cos to reach -20 bn in revenue by 2022: Report. SaaS (Software as a service) companies founded by Indian entrepreneurs are poised to reach USD 18-20 billion in revenue, with the potential to capture 7-9 per cent share of the global SaaS market by 2022, a report by Bain & Company said on Tuesday. The 'In
Diwali props up two-wheeler sales in November, top-six firms post 16% spike. Third straight month of growth since factories and dealerships re-opened after lockdown; with festivities drying up, sales are likely to cool off
Sharp stock gains, 5G uncertainty cap further upsides for Tech Mahindra. Improving margin trajectory, enterprise segment growth are positives
Bookings on Mumbai-bound flights decline by 20% on Covid-19 curbs. Most bookings being made for travel within 15 days; some last-minute cancellations seen with new rule mandating RT-PCR test
With Kataria at Bata helm, Indian-origin corporate honchos expand footprint. From FMCG majors to IT titans, Sanjiv Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporates across diverse sectors globally.
Bata names Sandeep Kataria as its global CEO, first Indian to hold post. He takes over from Alexis Nasard, who is stepping down after almost five years in the role
Only Bengaluru office market among top cities that may see rents go up. In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020
Ola ropes in GM veteran Jose Pinheiro to head global e-mobility operations. Pinheiro will spearhead Ola's plan to build world-class manufacturing facilities starting with the world's largest scooter factory, and then expanding to multiple such units in India
Indian Hotels looks East, signs three-hotel deal with Ambuja Neotia Group. This and three other properties being developed by the Kolkata-based Group will enable IHCL to double the number of rooms to 2,000 in four years in a strategically important region for the company
HCC-VCCL JV wins orders worth Rs 236 cr from Northeast Frontier Railway. HCC's share in the JV is 55 per cent, the company said in a release on Monday
Ola, Uber rides to get cheaper? Govt's new guidelines for app taxi firms. In this podcast we will talk about new regulations for cab aggregators, penalties in case of violation among other things
Tesla gets permission from China to sell Shanghai-made Model Y SUV. Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China
Paytm Money to offer investments in IPO, aims for 8-10% market share. Fintech major Paytm said its wholly-owned subsidiary Paytm Money will now facilitate investments in Initial Public Offers
UK bans new Huawei 5G network installation from September next year. British telecommunications firms must not install new Huawei 5G kit after September 2021, the government said, as part of a plan to purge the Chinese firm's equipment from high speed mobile networks
L&T shipyard completes order for 54 fast interceptor boats ahead of time. The FICs delivered to the Coast Guard are 90-tonne vessels that can patrol the coastline at a scorching speed of 45 knots
Madras HC tells DBS Bank to create reserve fund for LVB shareholders. The court also asked DBIL to give an undertaking that the bank would give cash compensation to the shareholders of LVB if it was asked to do so.
DLF sells 88 independent floors for Rs 300 cr, plans more such projects. Realty majorDLF Ltd has sold nearly 90 independent floors worth over Rs 300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in last few months. The company plans to launch independent floors
Finmin asks PSU general insurers to cut flab, prune branch numbers: Sources. The finance ministry asked public sector general insurance firms, especially National Insurance, Oriental Insurance and United India Insurance, to rationalise branches and cut down avoidable expenses
JSW Steel set to acquire land for 13 mn tonne steel plant in Odisha. Domestic steel major JSW Steel is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to set up a 13.2 MTPA greenfield steel plant, a top company official said
Can improve DHFL offer, forfeit deposit of those against recoveries: Adani. Piramal quoted Rs 23,500 crore only for the retail portfolio of DHFL while Hong Kong-based SC Lowy bid Rs 2,350 crore for SRA
Van Heusen to increase number of innerwear outlets to 400 in 2-3 years. The company has 45 Van Heusen Innerwear Exclusive stores, more than 350 Van Heusen mainline exclusive stores and Planet Fashion - 260 stores
Firms raise Rs 25K cr via IPOs in 2020 so far; next yr to be equally strong. In 2020 so far, close to Rs 25,000 crore has already been raised through IPOs and the figure could rise further as Burger King's Rs 810-crore initial share-sale is schedule to open on December 2
IndiGrid inks pact to acquire 74% stake in Parbati Koldam from Reliance Infra. India Grid Trust on Saturday said that it has inked an agreement to acquire 74 per cent stake in Parbati Koldam TransmissionCompanyfrom Reliance Infrastructure. "India Grid Trust has signed sharepurchase agreement on November 28th, 2020 for acquisition of
Dr Reddy's to acquire select brands from Glenmark in Russia, Ukraine. Dr Reddy's Laboratories on Saturday said it had inked a pact with Glenmark Pharmaceuticals to acquire its select anti-allergy brands in Russia, Ukraine, Kazakhstan and Uzbekistan
French giant Amundi threatens to divest SBI bonds over Adani coal mine loan. The Adani Carmichael project has been opposed by climate activists due to the issue of carbon emissions.
Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo. Irdai's approval takes Max Financial Services one step closer to the consummation of its deal with private lender Axis Bank
Baba Ramdev on board of Ruchi Soya; brother Ram Bharat to be MD. Ruchi Soya Industries Ltd in a notice to shareholders sought approval for appointment of Ram Bharat, 41, as the managing director of the company.
Uber, Ola surge price capped; 10-hour break must for taxi drivers. Firms face penalties, including loss of licence, for violation of govt guidelines
Amazon, Flipkart, and others clock .3 billion in festive gross sales. The festive season this year saw 88 per cent customer growth from last year, which was driven by 40 million shoppers from tier-2 cities and beyond
Beleaguered DHFL posts Rs 2,122-crore net loss in September quarter. The company reported revenue from operations to the tune of Rs 2,204.81 crore for Q2FY21
Amazon row: FRL says not every development 'material event for disclosure'. Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported
DHFL promoter Kapil Wadhawan moves NCLT, wants CoC to consider offer. The offer, he claimed, was in accordance with the June 7 circular of the Reserve Bank of India
SPIC ties up with farmer network to open first Model Fertiliser Retail Shop. Besides selling quality fertilisers at genuine prices, MFRS will provide a range of consulting and agri-related services for enhanced farm productivity
Introspect reasons for low market valuation: DIPAM secy to state-owned cos. Tuhin Kumar Pandey urges CPSEs to constantly engage with investors in a bid to yield better share prices
Ashok Leyland renames Optare as SwitchMobility, unveils global EV plan. With a new structure, SwitchMobility will be positioned to become Ashok Leyland's global arm, focusing on electric vehicles and green mobility solutions
India to allow Uber and rivals to charge 20% commission. India accounts for an estimated 11% of Uber's global rides annually
DGCA set to remove restrictions on Pratt&Whitney powered A320 Neo aircraft. Due to restrictions, IndiGo & Go Air were forced to use older A320 CEO aircraft, which consume more fuel
Govt brings out new rules for tighter scrutiny of ride hailing apps. The government has said that non-compliance with these norms would also invite penalties
Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot. Smart e-mobility is still at a nascent stage in India.
Realme targets to sell 9 million phones in India in festive quarter. Post-pandemic, consumer purchasing behaviour has changed, swerving towards budget and mid-range segments
Hetero Labs to manufacture 100 mn doses of Sputnik V vaccine for India. Requests for more than 1.2 billion doses of Sputnik V vaccine came from more than 50 countries, RDIF claimed
Ind vs Aus ODI: Protesters barge into SCG holding 'No B Adani Loan' signs. The front of the protesters' T-shirt read "#StopAdani", while at the back, it said "Stop Coal. #StopAdani. Take Action."
Manappuram Finance manager held in Rs 20 cr robbery at IIFL branch: Police. The manager of a branch of Manappuram Finance Ltd has been detained in connection with the robbery of gold and valuables, worth around Rs 20 crore, from a branch of IIFL in Cuttack
Dewan Housing's second quarter net loss narrows to Rs 2,122 crore. The insolvent Dewan Housing Finance Corporation Ltd has reported a consolidated net loss of Rs 2,122.65 crore for the July-September period
TII to raise money from Azim Premji, SBI MF to acquire CG Power, fund capex. TII will raise Rs 350 crore from Azim Premji Trust and SBI Mutual fund through preferential issue
Amazon to spend 0 million in holiday bonus to frontline workers. The company said on Thursday that it would pay full-time operations workers 0, and part-timers 0, if they are employed by the e-commerce giant for the entire month of December
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