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

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

Laurus Labs was amongst the top gainers, currently trading at 1460.85 in NSE with 1.307 times change in volumes and 10% change in price. Other gainers included Tube Invest with 9.65% price change and 2.438 times volumes, Multi Commodity with 9.155% price change and 3.842 times volumes, Indusind Bank with 7.818% price change and 1.263 times volumes, and Hdfc Amc with 6.671% price change and 1.212 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.

Abb Power was amongst the top losers, currently trading at 923.25 in NSE with 0.744 times change in volumes and -1.651% change in price. Other losers included Suzlon Energy with -1.639% price change and 1.774 times volumes, Alkem Laboratories with -0.96% price change and 2.053 times volumes, Torrent Pharmaceuticals with -0.949% price change and 1.067 times volumes, and National Buildings with -0.816% price change and 0.741 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.

Three top Apple suppliers to commit 0 mn in India in next 5 yrs: Report. Foxconn has applied to invest about 2 million, while Wistron and Pegatron have committed to invest close to 13 billion rupees and 12 billion rupees, respectively, under the PLI plan

Delhi NCR among top 10 globally in terms of number of trips in Sept: Uber. Ride hailing platform Uber on Monday said Delhi NCR ranked amongst its top 10 markets globally based on the number of trips taken in the month of September

TCS iON opens National Qualifier Test to all firms for hiring of freshers. Standardised test will give candidates access to open positions at several firms, while helping companies get in-depth understanding of applicants' cognitive abilities, and reduce evaluation costs

Covid-19 impact: ICRA downgrades TAJGVK Hotels & Resorts credit facilities. : Rating agency ICRA has downgraded TAJGVK Hotels & Resorts Limited long-term loans and short-term credit facilities. The low rating was on account of expected decline in revenue and margins during this financial year, the hotel chain said. In a filing

Gulf Oil Lubricants India inks pact with South Korea's S-Oil Corporation. Gulf Oil Lubricants India on Monday said it has entered into a long-term strategic partnership with South Korea's S-Oil Corporation

Flipkart Wholesale's first-ever festive season sale for fashion retailers. Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories

Cleveland-Cliffs to buy ArcelorMittal US assets for .4 bn in cash, shares. Cleveland-Cliffs Inc, the largest US producer of iron ore pellets, has agreed to buy the US assets of the world's largest steelmaker ArcelorMittal SA for about .4 billion in cash and shares

SBI rolls out slew of offers for retail customers ahead of festive season. Offers include 100 per cent waiver of processing fee for all customers applying for car, gold, and personal loans through Yono

Prepping for the festive cheer: Amazon scales delivery network in India. Competing with Walmart-owned Flipkart and Reliance-owned Jiomart, the e-commerce major has added tens of thousands of delivery partners to serve the rising customer demand for the festive season

ICRA downgrades TAJGVK's credit ratings of long-term loans, others. TAJGVK Hotels and Resorts said ICRA downgraded the credit ratings of its long-term loans and short-term credit facilities on account of revenue and margin decline

Paytm Money enables stockbroking for all; targets 1 mn investors in FY21. The company has already registered 220,000 investors, of which 65 per cent are in the age group of 18 to 30 years

ITI will be able to produce 4G, 5G equipment in a few months: Tech Mahindra. IT company Tech Mahindra is in advance stage of sharing technology with ITI Limited and said the state-run electronics manufacturing entity will be ready to make 4G and 5G equipment in a few months

Vodafone case has cost India a lot. It is time to accept defeat and move on. It cost us more in prestige than we could hope to win and this award ends a decade-old saga that tarnished India's reputation among foreign investors

KPTL, JV partner complete 74% equity stake sale in JKTPL to IndiGrid. Kalpataru Power Transmission Ltd (KPTL) on Monday said the firm and its joint venture partner have completed 74 per cent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. "We are pleased to inform you that the Parties have today complete

Moody's downgrades IIFL Finance's secured debt, changes outlook to stable. Agency says rising Delinquencies, defaults to hit profitability

Diesel demand seeing degrowth, petrol picking up: Indian Oil Corp. State-run Indian Oil Corporation on Monday said demand for diesel in West Bengal has declined 20 per cent during the current fiscal so far as industries are not fully operational amid Covid-19

Indian startups raised up to billion since 2016, spawn 27 unicorns. The startups ecosystem has raised as much as billion in growth capital between 2016 and 2020, when they spawned 27 unicorns

Paytm Money aims to onboard over one million investors this fiscal. Paytm's wholly-owned subsidiary Paytm Money on Monday said it aims to onboard over 1 million investors this fiscal for its stockbroking services

Telcos ask govt to auction E&V spectrum bands instead of de-licensing them. Spectrum in E&V bands can be utilised for both high-capacity access spectrum for voice and data services as well as backhaul link spectrum.

Tata Group courts potential investors for new digital platform: Report. Discussions with potential investors are at a very early stage and there's no certainty they will result in a deal, people familiar with the matter said

Reckitt Benckiser kicks off sale of some personal care brands: Report. The process comes as Reckitt is generating unusually strong sales in its hygiene business due to the Covid-19 pandemic

Multiplex operators ask Centre to reopen cinema halls as losses mount. West Bengal CM Mamata Banerjee has permitted cinema halls to function from October 1 in the state

As domestic sales decline, drug makers focus on exports to sustain growth. During April-July, drug makers exported products worth $ 7.4 billion, a growth of 9.5 per cent on year on year basis

Bank fraud case: 4 Sterling directors declared fugitive economic offenders. A Delhi court on Monday declared four directors of a Gujarat-based pharma firm,Sterling Biotech Ltd (SBL), fugitive economic offenders in a Rs 8,100-crore bank fraud case

BPCL pays up for defaulting Videocon Industries in Brazil oil block. In September 2008, BPCL and Videocon Industries had formed a 50:50 joint venture to acquire a Brazilian oil exploration firm for 3 million

TEC providing free access to technical documents, industry lauds move. Domestic telecom gear maker body TEMA appreciated the development, saying this was a long-pending demand of the players

CAIT seeks early rollout of e-commerce policy to curb malpractices. The Confederation of All India Traders (CAIT) claimed that the country's e-commerce ecosystem has been greatly vitiated by large e-commerce companies

Power major DVC moots 1,776-MW floating solar projects to add capacity. State-owned thermal power major Damodar Valley Corporation (DVC) will focus only on solar projects to add capacity, a top official said. It has already mooted 1776-MW floating solar projects in four of its dams in West Bengal and Jharkhand, the two state

NTPC invites bids for supply of biomass pelletsfor its 17 thermal plants. A company official had informed that a tonne of pellets costs around Rs 7,000

Maruti remains bullish on long-term growth of auto sector despite hurdles. Srivastava said it was getting difficult to predict when the company would be able ro achieve normal volumes

BIAL, Virgin sign MoU to study viable hyperloop corridor from city airport. The pre-feasibility study, which focuses on technical, economic and route feasibility, is expected to be completed in two phases of six months each, the release said

Housing.com logs 60% traffic surge from pre-Covid level; to focus on tech. To cater to the rising trafiic from smaller towns, CEO said Housing.com has been launched in Hindi and the platform will soon be available in other regional languages

Launch of more products, retail participation to scale up GIFT IFSC: Ray. A bigger basket of financial service products and retail participation will help in making GIFT IFSC attractive for international players, GIFT City managing director Tapan Ray has said.

CMS planning to hire 1,000 employees in next two months as it expands. Leading cash management services provider CMS is planning to hire 1,000 employees in the next two months with salaries upward of Rs 30,000 per month as it expands into service vertical of cash collections for its partner banks, NBFCs and microfinance firms

Mahindra Holidays scouts for acquisitions amid coronavirus pandemic. Occupancy at properties in driveable locations surges at 80-90% of pre-Covid levels

Vi starts upgrading 3G subscribers to 4G, to continue 2G voice services. This will allow it to offer faster 4G data speeds to its 3G users

NTPC synchronises one more unit of 3,300 MW power plant in Bihar with grid. The power producer has been setting up five units with 660 MW capacity each, spread across 3,200 acres of land at Barh in Patna district

Covid-19 impact: IKEA to adopt omni-channel approach for expansion in India. With the changing consumer behaviour due to the health crisis, online business will play a "very important role" for IKEA, which plans to expand in India with an omni-channel approach

Sun Pharma bullish on specialty biz, looks to expand to new geographies. Sun Pharmaceutical Industries Managing Director Dilip Shanghvi said the company''s strategy of developing the specialty business as an additional growth engine has started delivering results

Over 100,000 domestic flights operated since resumption on May 25: Puri. In a statement, Puri said domestic aviation is moving towards the pre-Covid figures

Nalco inks pact with Numaligarh Refinery for calcined petroleum coke supply. The memorandum of understanding (MoU) was signed on Thursday, Nalco said in a BSE filing

GMR Infrastructure to sell Kakinada SEZ, port biz to Aurobindo Realty. According to the deal, the 100 per cent equity stake of Kakinada Gateway Port held by KSEZ would also be transferred to Aurobindo Realty

Cabinet panel approves restructuring of Steel Authority of India board. The four positions of chief executive officers of integrated steel plants of the company are to be elevated as functional directors

NTPC drops plan to bid for BSES discoms, cites lack of transparent process. The power retailing rights are currently controlled by joint ventures of Reliance Infrastructure and the state government.

SAIL board restructuring gets ACC approval, to bring in greater efficiency. The Appointments Committee of the Cabinet (ACC) has approved the restructuring of the Board of Steel Authority of India Limited

Dr Reddy's enters Rs 28,000 cr market with multiple sclerosis drug in US. The company's product is a therapeutic equivalent generic version of Biogen's Tecfidera delayed-release capsules, the Hyderabad-based drug firm said in a statement

Does govt have Rs 80,000 cr to buy, give out vaccine, Serum Inst chief asks. Experts say even as vaccine is being developed, govt should put in place its strategy for distribution and procurement instead of waiting for the vaccine to be ready

OYO to triple room count in Himachal Pradesh by 2022: CEO Ritesh Agarwal. Agarwal told Thakur that the state is among the strongest performing markets for OYO and the company is committed to doubling economic opportunities and presence in the state shortly

Reliance Retail receives Rs 7,500 cr from Silver Lake for a 1.75% stake. Mukesh Ambani's Reliance Industries Ltd on Saturday said it had received Rs 7,500 crore from US private equity firm Silver Lake Partners, which had picked up 1.75 per cent stake in its retail arm

Mindtree co-founder, family sell 466,000 shares; holding down at 2.01%. The transactions were carried out by Krishnakumar N, wife Akila Krishnakumar and son Siddarth in multiple tranches between September 15-23, Mindtree said in a regulatory filing on Saturday

NTPC proposes to stop land acquisition for greenfield coal-based projects. By 2032, state-owned NTPC plans to add 32 GW of renewable generation capacity to its portfolio through organic and inorganic routes

Amazon to host 'Handicrafts Mela' from Sept 26 to support artisans, weavers. Over 800,000 artisans and weavers associated with 1,500 Amazon Karigar sellers and 17 government emporiums including Tantuja, Harit Khadi, Tribes India will benefit from this mela

Nissan to launch slew of new vehicles in China over next five years: CEO. BEIJING (Reuters) - Nissan Motor's chief executive said on Saturday he planned to launch a number of new vehicles in the growing Chinese market over the next five years, including electrical cars, that could help the struggling Japanese automaker return t

Beijing Autoshow: Great Wall to boost overseas sales to ease overall drop. BEIJING (Reuters) - Great Wall Motor aims to boost overseas sales this year, an official at China's top pickup truck maker said on Saturday, helping to ease an overall drop caused by COVID-19.

Credit metrics of leading pharma companies to remain stable: ICRA. The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said.

Berger capex remain unaffected amid pandemic, aims higher market share. The country's second-largest paint maker Berger Paints said that despite the pandemic its capital expenditure for this fiscal remain unaffected and will be the same as last year. The major investment will be in its upcoming Sandila plant near Lucknow of

Jio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra. Reliance Jio recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user, according to India Ratings and Research

Trai drops probe against Voda Idea on priority plan as telco tweaks offer. Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering

LIC, GIC, New India Assurance systemically important insurers: IRDAI. The three insurers have also been asked to raise the level of corporate governance, identify all relevant risks and promote a sound risk management culture, IRDAI said in a statement

Remove restrictions on export of N-95 masks, industry body urges govt. Recently, the government relaxed curbs on exporting of masks and medical coveralls, which are used to control the spread of Covid-19

LIC Housing invests in SPR City, Piramal Enterprises exits from project. The company's Director Chetan Bohra said that the capital raised would be utilised for advacing the construction and ensuring the completion of the residential project within this financial year

Equitas SFB revises offer size for proposed initial public offering. Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3

Hetero launches pack of generic Covid-19 drug favipiravir at Rs 2,640. Drug firm Hetero on Friday said it has launched a pack of its generic oral antiviral drug-- Favivir 800/200-- for the treatment of mild-to-moderate symptomatic COVID-19 patients in India.

Paytm Mall FY20 loss down 60% to Rs 479 cr over weak cashback, promotions. E-commerce firm Paytm Mall on Friday said its loss narrowed by 60 pc to Rs 479 crore in 2019-20 on account of reduction in assortment size, cashback and promotions.

Online grocery segment to touch billion by year-end: Report. COVID-19 induced tailwinds, coupled with participation from large conglomerates like Reliance are expected to drive growth in the online grocery segment in India

SP Group to recast Rs 10,900-cr debt under Covid-19 resolution framework. The Tatas moved court a day after the SP Group inked a fund raising deal with the Canadian fund Brookfield for Rs 3,750 crore.

Flipkart onboards 13,000 kiranas in eastern region ahead of festive season. The company also said this is part of a programme to onboard 50,000 kiranas across the country to provide a faster e-commerce experience to its consumers.

Govt to study legal options after losing Vodafone arbitration case. "The govt will be studying the award and all its aspects carefully in consultation with our counsels," Finance Ministry said in a statement, adding that it will consider all options

GMM Pfaudler says ready to respond to charges on unusual trades during OFS. The stock continues to fall, and is down over 36 per cent since September 15

NTPC gets shareholders' nod to raise up to Rs 15,000 cr via bonds. The funds would be raised for capital expenditure , working capital and general corporate purposes, in the domestic market

MRPL plans 2G ethanol plant in Karnataka to boost energy security. Apart from the reduction of imports, the 2G ethanol usage in petrol helps reduce greenhouse gas emissions and also provides additional income to farmers.

Vodafone wins long battle against India over Rs 20,000 cr retro tax demand. India told to bear 60% of Voda's legal costs amounting to over £4 million; FinMin tells govt to consult counsel and consider all options

Coffee Day says exploring opportunities, but no talks with Tata group yet. TCPL said it evaluates various opportunities on an ongoing basis without confirming or denying talks with CDEL.

JSW Solar bags 810 MW blended wind energy projects from state-owned SECI. JSW Energy on Friday said its solar power subsidiary has bagged 810 MW blended wind energy projects under an auction conduced by state-owned SECI. The Solar Energy Corporation of India (SECI) had conduced an auction for setting up 2,500 MW ISTS (inter stat

Eight companies bid to build 28 bridges for Bullet train project: NHRSCL. The National High Speed Rail Corporation Limited (NHSRCL) opened technical bids for two packages for the bullet train project between Mumbai and Ahmedabad on Friday

Jio says its in-flight services to operate at 20k feet at Rs 499 per day. Jio's partner airlines include Virgin Atlantic, Swiss, Emirates, Etihad Airways, Euro Wings, Lufthansa, Malindo Air, Biman Bangladesh Airlines and Alitalia, according to the statement

NHAI agrees to suggestions by developers body to ease highway construction. Other suggestions pertaining to policy related matters have been sent to the ministry for consideration

Jio's postpaid play poses no risk to Vodafone, Airtel: India Ratings Report. India Ratings said Jio's plans do not threaten the postpaid customer base of Bharti Airtel and Vodafone Idea due to sticky nature of customers and similar content offerings

Central Bank of India closes Rs 255-cr QIP; issue price set at Rs 15.38. The capital raising committee of the bank at its meeting held on September 25 passed the resolution and approved the closure of the issue period for the QIP, it said in a regulatory filing

Japan's MonotaRO invests mn in joint venture with Industrybuying.com. MonotaRO will own 51.6 per cent stake in the JV, IB monotaRO Pvt Ltd, while the rest will be held by Emtex Engineering Pvt Ltd

GMR to sell 51% stake in Kakinada SEZ to Aurobindo Realty at Rs 2,610 Crore. The stake sale is valued at Rs 2610 crore, of which Rs1,600 crores would be received on the closing date and balance Rs 1,010 crore would be received in the next two to three years

Cipla gets final approval from USFDA for multiple sclerosis drug. Drug major Cipla on Friday said it has received final approval from the US health regulator for Dimethyl Fumarate capsules, indicated for the treatment of relapsing forms of multiple sclerosis. The newly approved product is a generic therapeutic equivalent

Zydus Cadila gets USFDA nod for multiple sclerosis treatment drug. Zydus Cadila said it received approval from the USFDA to market Dimethyl Fumarate delayed release capsules, indicated for the treatment of patients with relapsing forms of multiple sclerosis

Massive fire at ONGC's Hazira gas plant in Gujarat hits gas output. GAIL said about 30 MMSCMD of natural gas supplies into GAIL's north-western pipeline network was immediately shut by the upstream major to contain any further damage

Higher exports to help pharma eke out 8-9% growth this fiscal: CRISIL. Living up to its moniker of a defensive bet, the Rs 2.8 trn Indian pharmaceutical sector is set to emerge more or less unscathed from the Covid-19 pandemic this fiscal, CRISIL said on Thursday.

Price to assembly plant: How Harley-Davidson lost its rumble in India. India's inability to keep a premium manufacturer with an outsize brand points to misaligned incentives, writes Anjani Trivedi.

Canara Bank to raise up to Rs 2,000 cr equity capital through QIPs. As per the filing, the number of equity shares of the face value of Rs 10 each in one or more tranches with a premium will be decided as per applicable guidelines/ regulations

Vodafone wins arbitration case against govt in bn tax dispute case. The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay .47 million to the company as partial compensation for its legal costs

Harley Davidson exit to impact around 2,000 jobs across dealerships: FADA. With a luxury brand like Harley, setting up its dealership costs anywhere between Rs 3-4 crore, and with a total of 35 dealerships, Rs 110-130 crore will go down the drain, Gulati said

Vakrangee gets RBI nod to set up BBPS unit to handle billing services. "Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS (Bharat Bill Payment System)," the company said

Rs 20,000 cr tax dispute: Vodafone wins arbitration case against India. The Permanent Court of Arbitration in The Hague ruled that conduct of India's Income Tax Department is in breach of 'fair and equitable' treatment

ACC approves restructuring of SAIL's board for greater efficiency. Besides, the board will have non-official directors as per the Companies Act 2013 and 2 government nominee directors as per the DPE (Department of Public Enterprise) policy

Harley in talks with Hero for distribution deal after exiting India: Report. Harley, known for its heavy touring motorcycles, struggled in India mainly because of high import duties

billion telecom bankruptcies left hanging in India as ministries argue. Government branches are delaying bankruptcy settlements in a country whose banks suffer the world's worst bad debt ratios.

Irdai says LIC, GIC Re, New India are too big to fail, need more control. The three are seen as key players to deal with systemic risks and moral hazard issues, have been told to raise corporate governance levels and promote a sound risk management culture

We don't share customer data with 3rd party outside payments flow: Google. "This is to clarify that press reports on the basis of the affidavit filed by Google before the Delhi High Court, do not represent the complete facts," a Google Pay spokesperson said on Friday

Allowed to share GPay transaction info with NPCI permission: Google to HC. The high court on Thursday listed the matter for hearing on November 10 as the Centre and Reserve Bank of India (RBI) have not filed their responses yet

UTI MF, Mazagaon Dock IPOs open Sept 29, Angel Broking sees muted demand. The Rs 600-crore IPO of Angel Broking garnered nearly four times subscription

ShareChat raises mn from investors including Twitter, Lightspeed. The latest funds will be used to drive growth for ShareChat's short-video app Moj, the company said in a statement, a platform which is similar to TikTok

Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data. Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers

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