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NSE share market NEWS tomorrow (08 October, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (08 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 08 October 2020

Wipro was amongst the top gainers, currently trading at 359.45 in NSE with 6.047 times change in volumes and 7.203% change in price. Other gainers included Mphasis with 5.659% price change and 4.755 times volumes, Cipla with 4.893% price change and 1.975 times volumes, Idea Cellular with 4.678% price change and 1.346 times volumes, and Persistent Systems with 4.428% price change and 3.217 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.

Vedanta was amongst the top losers, currently trading at 117.90 in NSE with 1.036 times change in volumes and -4.418% change in price. Other losers included Adani Enterprises with -4.196% price change and 0.501 times volumes, Indian Energy with -3.986% price change and 1.356 times volumes, Abb Power with -3.741% price change and 4.749 times volumes, and Cg Power with -3.696% price change and 1.264 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.

Chennai's EOW arrests DHFL promoters for cheating investors of Rs 218 cr. According to the police, a case was registered by the EOW on the direction of the Madras High Court, against DHFL and 11 others

Infosys looks to double headcount in Canada in 12-18 months: Nilekani. The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology

Origo does first securitised agr-commodity transaction in capital markets. This transaction creates an alternative asset class through Agri-commodities

Ahead of festive sale, Amazon pumps Rs 700 cr into digital payments arm. Amazon Pay has received the infusion from Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius, according to the documents filed by Amazon

Amazon, Flipkart in rapid expansion mode to tap upcoming festive season. Amazon India has expanded its fulfilment network in Karnataka with the launch of a new specialised fulfilment centre -the largest in India

Sebi asks ICICI Securities to amend research note on Vedanta, plans probe. brokerage published a report downgrading the stock from 'hold' to 'reduce' citing reduced book value approved by Sebi

IBM to break up 109-year old firm to focus on high-margin cloud computing. IBM will list its IT infrastructure services unit, which provides services including technical support for data centers, as a separate company with a new name by the end of 2021

Realty firm Mahindra Lifespace ties up with Extramarks Education. Realty firm Mahindra Lifespace on Thursday said it has partnered with edutech company Extramarks Education for providing online learning to its customers, brokers and employees at a discounted rate.

One-third of emerging cos may not get restructuring benefits: Ind-Ra. Ind-Ra on Thursday said a third of the mid and emerging corporates (MEC) having turnover of under Rs 750 crore rated by it could be ineligible for restructuring loans despite being "vulnerable"

Telcos expected to speed-dial ARPU improvement, raise tariffs, says Icra. The telecom tariff hike is imminent as service providers need to make sizeable payouts on statutory dues, spectrum buys, regular revenue share obligations and auction instalments Icra Ratings said

Tata Tech, GKN Automotive set up e-mobility software centre in Bengaluru. Spread over 12,650 sq ft, the unit will leverage Tata's expertise in electric and embedded systems, and its ability to attract talent to work on GKN Automotive's e-drive

Titan to exit JV with Montblanc, focus on primary biz, exclusive brands. During its five years of JV with Titan, Montblanc opened 12 boutique stores in the country and established an e-commerce business through Tata's online portal TataCliq

Paytm targets a million apps on its mini app store to take on Google. Paytm founder Vijay Shekhar Sharma called Google "judge, jury and executioner" after his app was temporarily removed from the Android app store last month

Housing finance companies saw excellent growth in Sept: LIC Housing MD. Housing finance companies saw excellent growth in Sept: LIC Housing MD

Unemployment, diseases emerge top challenges for business leaders: Report. 'Unemployment' is the main concern for business executives globally, followed by 'infectious diseases' that progressed by 28 spots to emerge as the second-most recurring risk, according to WEF survey

Future Group to go for mediation over Amazon's legal notice on RIL deal. Amazon.com Inc has slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 crore asset sale to Reliance Industries violated an agreement with the e-commerce giant

Amazon notice to Future on RIL deal: India's raging retail war explained. Amazon has sent a legal notice to Future Group, alleging the Indian retailer breached the terms of its contract by signing a deal with Mukesh Ambani's Reliance Industries

Toyota Kirloskar ties up with Myles to expand car subscription service. Toyota Kirloskar Motor said it has joined hands with Myles Automotive Technologies to expand its car subscription service for individual customers in Delhi NCR, Mumbai, and Bengaluru

Amid scarcity, Yogi Adityanath unveils UP's largest oxygen plant. INOX commissions oxygen plant in Modinagar, plans another one in Uttar Pradesh

Valli Arunachalam issues legal notice to Murugappa family members, others. The development comes after the shareholders of AIL voted against the induction of Arunachalam into its board

Passenger vehicle retail sales up 9.81% in September to 195,665 units. Other than PVs, tractors remain the only segment to show growth in sales while all the other segments continue to be in red

Voting on Jet Airways revival underway, decision after October 16. Kalrock Capital is the favourite to win the bid with social media also abuzz about lenders choosing it

Byju tops recall value in IPL ads; Dhoni, Virat most recalled celebrities. RCB captain Virat Kohli was just behind Dhoni with a CELEBAR score of 69

Uday Shankar steps down as president of Walt Disney Company India. However, he will remain with Disney's direct-to-consumer and international segment through the end of 2020 to help find his replacement

CK Rajkumar, entrepreneur and founder of Sujatha Bio Tech passes away. Rajkumar owned brands like Nivaran 90 and Velvette shampoo

Forbes India Rich List 2020: Ambani dominance continues; see full list. With a global health crisis raging, listed pharma entrepreneurs fared well while those with interests in real estate suffered

Jio designed to help India lead fourth industrial revolution: Mukesh Ambani. While it took 25 years for the Indian telecom industry to build its 2G network, Jio built its 4G network in only three years.

SITA plans to augment manpower as it sees more opportunities in India. Currently, the centre employs around 400-500 workforce, excluding the ones working with its various offshore partners here

Clix Group submits offer for up to 90% stake in Lakshmi Vilas Bank. Clix, backed by AION Capital, had submitted its letter of intent to LVB on June 15

Infosys inks pact to acquire Blue Acorn iCi for around Rs 915 crore. This acquisition deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems

Fashion retail brand H&M India's revenue rises 14% to Rs 1,700 crore. While H&M was heavily dependent on the online channel for sales, the recent crisis has increased its dependence on the channel further

TCS beats estimates on faster demand recovery, announces Rs 16K-cr buyback. In dollar terms, revenues stood at .42 billion, an increase of 7.2 per cent over the same period of the last financial year.

Covid-19: Over 41% workers in India face increased burnout, says report. India had the second highest percentage of workers facing increased burnout in Asia at 29 per cen

Brickwork Ratings downgrades Lakshmi Vilas Bank's tier-II bonds. LVB's deposits ran down to Rs 23,565 crore in Q3FY20 and Rs 21,443 crore in Q4FY20

Amazon takes on Future Group over deal with Reliance, sends legal notice. A top industry source said the notice was unexpected as Biyani had first approached Amazon for a takeover of the Future Group companies before defaulting to its lenders and suppliers.

DGCA issues detailed ticket refund guidelines after Supreme Court verdict. The top court had, on October 1, also passed directions about the refund and credit shell formation for the bookings and cancellations done during the other time periods around the lockdown

Haryana govt allots 140 acre land to Flipkart to set up fulfillment centre. The fulfilment centre will have a covered area of 3 million square feet at Patli Hazipur, Manesar in Gurugram district, the statement issued by the Haryana government said

Urban Company introduces unlimited mental health leave for workers. Any employee who wants to avail the service would have to register on iWill

Electric 2-wheeler demand showing signs of revival, outlook positive: SMEV. The registration of HSE2W stood at 2,544 units in September 2020 as against 1,473 vehicles sold in the corresponding month of last year

TCS to roll out salary hikes for all employees, effective October 1. Quantum of raise being worked out as firm becomes the first in IT space to announce pay increase

Amazon sends legal notice to Future Group over Reliance deal: Report. Amazon, in its legal notice, cited a contract arrangement that included "a restricted list" of companies Future was not supposed to enter deals with, according to the report

Entrepreneurship is about having a purpose, says Kiran Majumdar Shaw. Entrepreneurship is not about making money but about having a purpose, renowned businesswoman Kiran Mazumdar-Shaw told Delhi government school students on Wednesday

Wipro to consider share buyback proposal, decision on 13 Oct board meeting. Wipro is the second mega Indian IT services firm to consider a buyback programme after market leader TCS

Govt appoints Dinesh Kumar Khara as SBI chairman for three years. Khara, one of the bank's four managing directors, replaces Rajnish Kumar, who is stepping down after being at the helm for three years.

Festival season sales: Over 50% consumers to shop online, says survey. This is a major jump from last year's survey when only 27% of consumers planning festive spending had indicated using e-commerce sites as their primary channel for shopping.

DHFL case: Bogus transactions of Rs 1,864 crore unearthed, says report. According to the report by the transaction auditor, the concerned transactions occurred between FY17 and FY19

Sustainability of recovery in domestic ports business a concern: Icra. The sustainability of recovery trend in the domestic ports business remains a concern and the sector is not out of the woods yet, ratings agency Icra said

Covid-19: Hindustan Coca-Cola Beverages to allow permanent work from home. Hindustan Coca-Cola Beverages said it has introduced an option of permanent work-from-home for its employees whose physical presence in the office is not required as part of a new policy

Truecaller crosses 250 mn monthly active users mark, 185 mn from India. Caller identification app Truecaller on Wednesday said it has crossed 250 million monthly active users mark, with about 185 million users from India.

Maruti Suzuki reports 26% rise in production to 166,086 units in September. The company had produced a total of 1,32,199 units in the same month last year, Maruti Suzuki India (MSI) said in a regulatory filing

Amazon India ties up with IRCTC to start online train ticket bookings. Users can check seat, quota availability on all train classes on Amazon app. They can pre-load money into Amazon Pay Balance wallet and pay in a single click

Shares of Titan gains over 4% as company returning to normalcy. Shares of Titan on Wednesday gained over 4 per cent after the company said its business has been returning to normalcy led by recovery of sales in its jewellery division in the second quarter

Blue Star expects pre-Covid level sales in AC, refrigration in March qtr. Blue Star expects sales from residential air conditioner and commercial refrigeration segment to touch pre-COVID-19 level in the fourth quarter of the current financial year

Amazon India partners IRCTC to offer reserved train ticket bookings. Amazon India on Wednesday said it has partnered with Indian Railway Catering and Tourism Corporation to provide their customers with the facility to book reserved train tickets on its platform

TCS Q2 PAT down 7% YoY at Rs 7,475 cr; announces Rs 16,000 crore buyback. The company's revenue came in at Rs 40,135 crore, up 2.9 per cent YoY and 4.7 per cent on a quarter-on-quarter (QoQ) basis.

Anand Mahindra joins other investors to back robotics start-up Genrobotics. Kerala-based enterprise has been working to eradicate manual scavenging, raises Rs 2.5 cr in pre Series A round

Ergos raises Rs 38.5 crore from Chiratae Ventures, Aavishkaar Capital. Agri-tech start up Ergos Business Solutions on Wednesday said it has raised Rs 38.5 crore in Series A round with fresh investment from Chiratae Ventures and Aavishkaar Capital

Likhitha Infrastructure IPO sails through after tweaks to structure. Garners 9.5x subscription; offer was to close Thursday but was extended due to shortfall in bids from QIBs even as retail portion saw strong demand

UP power utilities' losses top Rs 80k cr as govt defers privatising firm. Purvanchal Vidyut Vitran Nigam Limited account for the maximum share of Rs 19,373 crore or almost 25 per cent of the total amount

Indian CEOs less confident about economic growth; 62% took pay cuts: Survey. Corporate leaders in India are less confident about economic growth and 6 out of 10 CEOs have taken salary cuts as part of the overall cost management measures amid the pandemic, according to a survey

Airtel extends pact with Ericsson for deployment of 5G-ready radio network. Telecom operator Bharti Airtel has extended its contract with Ericsson for deployment of 5G-ready radio network, a statement said on Wednesday

New programme gives HDFC Bank customers financing at Apollo Hospitals. The HealthyLife Programme is created exclusively for HDFC Bank customers

Adarsh Hegde takes over as MD of Allcargo Logistics firm Gati-KWE. Hegde will continue to be joint managing director of Allcargo Logistics

Urban Company introduces unlimited mental health leave policy for employees. Urban Company introduced an initiative under which employees can take unlimited sick leaves in case they are suffering from any form of mental or physical illness

Latest farm reforms may light up Cargill's expansion plans in India. For companies like Cargill, the legal framework brings stability, creating an environment for infrastructure investment

Analysts expect muted YoY performance in Q2FY21 from India Inc. As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections

Sunteck Realty second quarter sales bookings up 96% at Rs 200 crore. Sunteck Realty Ltd reported 96% increase in its sales bookings at Rs 200 crore for the quarter ended September on better demand for its properties despite the Covid-19 pandemic

Harley fails, Hyundai triumphs: India's auto market is unlike any other. The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Lightspeed, Accel lead .5 mn seed round in fintech start-up Uni. Founded by Nitin Gupta, former CEO of PayU India and Ola Financial Services, Uni aims to bridge the gap for credit cards and make them become more accessible for consumers across different regions.

Clover Health to go public via .7 billion deal with Social Capital. The combined cash-and-stock deal includes a 0 million investment from venture capitalist Chamath Palihapitiya and million from Hedosophia

IT services growth to return in 2021, Covid to fuel digital spends: Fitch. Most companies have reported robust deal wins that should support growth in 2021-2022, despite the revenue decline in the second quarter of 2020, said the report

Your jobs, increments, bonuses are secure: Puri to HDFC Bank employees. HDFC Bank Managing Director and Chief Executive Officer Aditya Puri has assured employees of the country's largest private sector lender that their jobs and bonuses are secure

Global online music streaming revenue declines 2% in Q2, shows report. Global online music streaming revenues in Q2 of this year declined two per cent QoQ driven by sequential slump in both paid and ad-based revenues, according to a Counterpoint Research report

JSPL clocks highest-ever quarterly standalone sales of 1.93 mn tonnes in Q2. JSPL recorded 30% year-on-year growth in consolidated steel sales of 2.41 mn tonnes in the second quarter of current financial year as compared to 1.85 mn tonnes in Q2 FY20

TCS iON opens National Qualifier Test to corporates for job opportunities. The NQT will be conducted every quarter and the score will be valid for two years

TCS Q2 preview: Ebit margin to see sharp expansion; buyback details eyed. According to analysts, the IT sector witnessed a good pick-up in demand for digital solutions resulting in improvement in the growth outlook for most of the companies.

MagFast Beverages wins battle against PepsiCo to use trademark Mountain Dew. Hyderabad based MagFast Beverages has won the battle against beverages MNC, Pepsico to use the trademark, 'Mountain Dew'

DHFL case: Auditor reports fraudulent transactions worth Rs 2,150 crore. DHFL is undergoing resolution process under the Insolvency and Bankruptcy Code

CCI appeals in SC against HC's stay on probe against Amazon, Flipkart. The Confederation of All India Traders (CAIT) which represents 70 million traders termed the appeal in the Supreme Court against Amazon and Flipkart as 'logical'

Apparel body says removal of export curb on N-95 masks to help boost sector. The government removed export curbs on N-95 masks, which are in demand due to Covid-19 pandemic, with a view to promoting outbound shipments of the product

Chargebee, start-up that helps companies in billing, raises mn. Insight Partners led the financing round, with existing investors Steadview Capital and Tiger Global joining in. The nine-year-old start-up has raised 5 million to date

Piramal Pharma readies war chest for potential acquisition targets. A decade after Piramal sold its domestic formulations business to Abbott Laboratories for .72 billion, the group is now looking at re-entering the space in India

Adopt high-end tech across all processes: Billionaires' mantra for future. Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable

Abu Dhabi Investment Authority invests Rs 5,512.50 cr in Reliance Retail. With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion

Samsung, Lava among 16 firms approved for PLI plan for phone manufacturing. Lava, Bhagwati (Micromax), Padget Electronics, UTL Neolyncs and Optiemus Electronics are among the Indian companies approved

Dhani Services raises Rs 147 cr by issuing shares to foreign investor. Dhani Services, formerly Indiabulls Ventures, on Tuesday said it has raised Rs 147 crore by issuing 8.4 million shares to a foreign investor

YES Bank case: ED arrests Cox & Kings' former CFO Anil Khandelwal. Anil Khandelwal and internal auditor Naresh Jain sent to seven days custody of federal agency

Airline industry still in the red, losing $ 300,000 per minute: Association. IATA calls on governments to support the industry during the coming winter season with additional relief measures

Shares of HDFC jump over 8%; m-cap rises by Rs 37,700.98 crore. Shares of HDFC jumped over 8 per cent after the mortgage lender said its business is returning to pre-COVID-19 levels.

Mobility start-up eBikeGO partners with ASSAR to promote electric bikes. eBikeGO said it has roped in reform-centric advance service firm ASSAR as its strategic partner, to promote and deploy over 10,000 electric bikes to various e-commerce and logistics companies.

Bajaj Finance to continue Covid provisioning, strengthen its balance sheeti. The lender, in Q1FY21, took an additional contingency provision of Rs 1,450 crore for the pandemic, taking the total amount to Rs 2,350 crore as of June 30

Blue Dart to offer supply chain solutions vaccine transportation. Blue Dart said it will offer a complete supply chain solution for the life sciences and clinical trials sector and reefer vehicles (cold chain) services

Abu Dhabi fund to invest Rs 5,512.50 crore in Reliance retail unit. With this investment, RRVL has raised Rs 37,710 crore from leading global investors including Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG and ADIA in less than four weeks

Amazon to host month-long Great Indian Festival starting October 17. This will be Amazon India's biggest event ever as it will last at least a month and allow hundreds of thousands of small and medium businesses to offer unique selection to customers

SpiceJet to fly non-stop to London from Delhi, Mumbai from December 4. SpiceJet is starting its long-haul flights at a time when the aviation industry has been hit hard by the coronavirus crisis.

Urban affairs ministry partners Swiggy to take street vendors online. To run a pilot by on-boarding 250 vendors across five cities

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