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NSE share market NEWS tomorrow (07 October, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (07 October, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 07 October 2020

Oil India was amongst the top gainers, currently trading at 91.95 in NSE with 15.523 times change in volumes and 6.609% change in price. Other gainers included Laurus Labs with 4.756% price change and 0.938 times volumes, Titan Company with 4.504% price change and 4.509 times volumes, Ambuja Cements with 4.217% price change and 3.431 times volumes, and Fortis Healthcare with 3.892% price change and 1.555 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 123.35 in NSE with 4.021 times change in volumes and -10.551% change in price. Other losers included Adani Green with -4.974% price change and 1.865 times volumes, Hindustan Zinc with -4.81% price change and 1.054 times volumes, Himachal Futuristic with -4.598% price change and 1.699 times volumes, and Indian Energy with -4.373% price change and 1.181 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.

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

Reliance General partners SatSure Analytics for crop insurance biz. Reliance General Insurance on Monday said it has partnered with SatSure for satellite-based crop monitoring and predictive analytics support to better risk management and improve efficiency of its crop insurance business operations. As part of the partners

Fuelled by demand in southern markets, office leasing picks up in Q3CY20. On a yearly basis, the absorption of space has fallen 50 per cent from 10 million sq ft in Q3CY19 to 5.4 million sq ft in Q3CY20

Reliance scraps merger of Viacom18 with Sony after 'strategic rethink'. Billionaire Mukesh Ambani's Reliance Industries has called off the proposed merger of his group's entertainment business with Sony Pictures Networks India following a strategic rethink

Marico logs volume growth, notices revival in consumer demand in Sept qtr. FMCG major Marico on Monday said it has witnessed a partial revival in the consumer sentiment in the second quarter of the current fiscal after being impacted by the Covid-19 pandemic

SpiceJet to start non-stop flights from India to London from Dec 4. SpiceJet on Monday said it will operate non-stop flights connecting Delhi and Mumbai with London from December 4

Dr Reddy's says it aims to cut greenhouse gas emissions by 55% by 2030. Dr Reddy's Laboratories on Monday said it has committed to reduce its greenhouse gas emissions by 55 per cent by 2030. The Hyderabad-based drug major has joined hands with the Science Based Targets initiative (SBTi), thus becoming the first Indian and the

AirAsia ceases Japan operations, says recovery 'extremely challenging'. The low-cost airline has been under immense pressure this year as Covid-19 roils the aviation industry

Vodafone lenders approve merger of Indus Towers with Bharti Infratel. British telecom major Vodafone Group said it has received an approval from its lenders, who contributed in funding for Vodafone Idea, to proceed with the merger of Indus Towers with Bharti Infratel

Office leasing drops 50% in Sep qtr, 47% in Jan-Sep in top 7 cities: Report. Net leasing of office space fell 50% across 7 top cities to 5.4 million sq ft as corporates and coworking players continued to defer their expansion plans due to Covid-19, according to JLL India

Google defers Indian in-app fees by 6 months after angry startups complain. Startups were upset about the commission fee and also criticised several other Google Play Store policies for hurting their businesses

Infosys completes acquisition of Czech-based GuideVision in Europe. Infosys said it has completed the acquisition of GuideVision, an enterprise service management consultancy specialised in offering strategic advisory, consulting, etc on the ServiceNow platform

SP's platform Joyville to invest Rs 1,200 cr on new housing project in Pune. Business conglomerate Shapoorji Pallonji's mid-income housing platform Joyville will invest around Rs 1,200 crore to develop a new residential project in Pune, a top company official said

Can a Tata vs Ambani 'super-app' battle make them India's Alibaba-Tencent?. The 152-year-old Tata Group is talking to Walmart Inc. for a billion investment in a "super-app," a multipurpose online platform

L&T bags multiple orders across business verticals in domestic market. Infrastructure company Larsen & Toubro (L&T) on Monday said it has received multiple orders across various business segments in the domestic market. The company did not provide the value of the contracts but said the orders fall under the "significant" cat

TCS to make Rs 1,218 cr provision for claims in Epic Systems case. In a seperate filing, TCS also informed that it will also consider share buyback proposal during its board meet to accept second-quarter results on Wednesday

Adani Ports and SEZ completes acquisition of KPCL for Rs 12,000 cr. In FY21, the port is expected to generate an EBITDA of approximately Rs.1,200 crore resulting in an acquisition EV/ EBITDA multiple of 10x

Tata Consultancy Services to consider share buyback on Wednesday. TCS will be considering a buyback of shares of the company at a board meeting to be held on October 7

Paytm takes the challenge to Google, launches its own mini app store. Paytm is providing listing and distribution of these mini apps from within its app, without any charge

London transport regulator bans Ola over public safety failings: Report. TfL said it had discovered a number of failures in Ola's operations, including breaches of its regime

Karnataka High Court defers judgement on Franklin Templeton case. The asset manager said last week that its six shut schemes had received Rs 8,262 crore from maturities, pre-payments and coupon payments after closing down in April

Park+ eyes jump in downloads as cities reopen, public places resume ops. The app allows the users to discover a parking space

Ola to appeal after losing licence to operate in London over safety issues. The SoftBank-backed Indian ride-hailing firm can continue to operate pending the outcome of any appeal process

India Inc's foreign borrowings drop 47% to .75 bn in August: RBI data. India Inc's foreign borrowings fell by over 47 per cent in August this year to .75 billion, data from the Reserve Bank showed on Monday

India born Bhaskar Ghosh named Accenture's chief strategy officer. Simon Eaves who was previously the chief strategy officer at Accenture has been appointed managing director for UK and Ireland

BBB recommends Swaminathan Janakirman, A K Tewari for MD posts at SBI. A K Tiwari has been serving as the managing director and chief executive at SBI Card since August 1, 2020.

Logistics growth to be driven by e-commerce among other sectors: ICRA. The near-term growth of the Covid-19-battered logistics sector is expected to be driven by specific segments like e-commerce, ratings agency ICRA said on Monday

IBM, govt e-marketplace to set up centre of excellence for AI in India. AI has the potential to raise India's annual growth rate by 1.3 percentage points and add USD 957 billion to India's economy by 2035

Sales of Biocon's itolizumab surge as phase-4 clinical trials begin. With phase 4 clinical trials now on, the sales may see a further uptick if data supports its use on Covid-19 patients, said experts.

TCS second firm in India after RIL to cross Rs 10-trn market capitalisation. Tata Group crown jewel's valuation highest in 15 years

JLR retail sales fall 12% in July-September quarter to 113,569 units. The company's sales, however, improved by 50 per cent during the July-September quarter as against 74,067 units in April-June period of the current fiscal

Operated 500 international flights till September 27, says GoAir. GoAir on Monday said it has operated a total of 500 international flights, including 60 services under various air bubble pacts and21 flights under the Vande Bharat Mission

GST council exempts satellite launches by Isro, Antrix from 18% GST. But it is not clear whether the relief will be extended to private launch companies

FMCG major Britannia to issue bonus debentures and payment of dividend. Britannia on Monday said its board has approved issuing bonus debentures and payment of dividend to reward its shareholders in such difficult and unprecedented times due to coronavirus pandemic

Tanishq to attract buyers with light-weight jewellery as gold prices soar. The company is working on material innovations which will enable it to create the same designs with lower weights

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