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NSE share market NEWS tomorrow (17 September, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 September 2020

Kpit Technologies was amongst the top gainers, currently trading at 104.50 in NSE with 5.582 times change in volumes and 7.345% change in price. Other gainers included Apollo Hospitals with 5.222% price change and 0.965 times volumes, Multi Commodity with 4.413% price change and 2.218 times volumes, Dr Reddy with 4.308% price change and 2.829 times volumes, and Mphasis with 4.267% price change and 1.466 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.

Trent was amongst the top losers, currently trading at 713.50 in NSE with 0.585 times change in volumes and -5.547% change in price. Other losers included Hindalco Industries with -4.325% price change and 1.29 times volumes, Dlf with -3.979% price change and 0.581 times volumes, Blue Star with -3.388% price change and 0.713 times volumes, and Aditya Birla with -3.028% price change and 0.384 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.

Tata Tele Maharashtra shareholders approve fund raising of up to Rs 5000 cr. The company also sought shareholders nod to issue non-convertible debentures of up to Rs 2,500 crore on private placement basis

Supreme Court to begin hearing SBI's plea against Anil Ambani today. A banker said Ambani has objected to the SBI invoking personal guarantees under the Corporate Debtors Regulations, 2019

State infrastructure development authorities MMRDA, MSRDC swap projects. According to reports, the decision to swap the projects was taken during a meeting between the two authorities in August

Anil Agarwal's Vedanta wins case for 9-million arbitration award claim. Setback for govt as Supreme Court allows the company higher cost recovery for Ravva field

Non-payment of dues forces ONGC to withdraw from Sudan oil fields. ONGC Videsh (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia's Petronas have withdrawn from the block, a top company official said

BSNL sources 44% of its mobile network equipment from ZTE, 9% from Huawei. More than 44 per cent mobile network equipment of state-run BSNL is sourced from Chinese firm ZTE and 9 per cent from Huawei, Parliament was informed on Thursday

Toyota refutes official's claim, says 'deeply committed to Indian market'. Toyota said it remains deeply committed to the Indian market, refuting once again the claims by a senior company official earlier that it would stop further expansion in India over high taxes

SC rejects SBI plea to vacate stay on invoking Anil Ambani's personal guarantees. While the personal guarantee matter is being heard by the SC, the fate of dues worth Rs 45,000 crore, including to the Chinese banks, will be decided by the NCLT where the matter is still pending

MakeMyTrip announces foray into United Arab Emirates for expansion. MakeMyTrip announced its foray into the United Arab Emirates with its portfolio of travel offerings across Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al Khaimah and Umm Al Quwain.

L&T Construction bags orders for metallurgical, material handling business. Infrastructure company Larsen & Toubro (L&T) on Thursday said its construction arm has received 'significant' orders for its metallurgical and material handling business The company did not provide the value of the contracts, but said the orders fall under

Ashok Leyland to supply 1,400 ICVs to logistics start-up Procure Box. The manufacturer will supply its product Ecomet and the order will be executed in the next 5-6 months

Walmart announces Rs 180 cr grant to help smallholder farmers in India. Walmart Foundation announced two new grants as part of a commitment made in September 2018 to invest 25 million dollars (about Rs 180 crore) over five years in improving farmer livelihoods in India

JMC Projects bags orders worth Rs 1,342 cr in home, international market. Engineering firm JMC Projects (India) on Thursday said it has bagged orders worth Rs 1,342 crore in the domestic and international markets

LG Chem plans to separate electric car battery business as a new company. South Korea's LG Chem said it plans to separate its battery business as a new company in December

Livspace to invest mn to scale Neo platform, start modular labels. Bengaluru-based Livspace on Thursday said it will invest USD 30 million (about Rs 220.7 crore) to scale Neo, its proprietary design-to-manufacturing-to-installation platform.

Happiest Minds' stock doubles in stellar debut, closes 123% above IPO price. This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent

Hindustan Zinc to seek board approval to raise up to Rs 4,000 cr via NCDs. The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 4,000 crores in one or more tranches, HZL said

250 distressed firms rescued under insolvency law till June: IBBI chief. The Insolvency and Bankruptcy Code has been in force for four years and provides for a time-bound and market-linked resolution framework for stressed assets

IKEA Retail expands footprint, sets up global operations centre in India. The move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprint, the company said

7 Air India planes leased from Ireland-based SPVs of Chinese firms: Puri. Seven of Air India's narrow-body aircraft have been leased from Ireland-based special purpose vehicles (SPVs) of Chinese companies, Civil Aviation Minister Hardeep Singh Puri said on Thursday.

Hospitality major EIH gets board approval to raise up to Rs 350 cr. The rights issue price has been fixed at Rs 65 per equity share, including a premium of Rs 63 per equity share over face value of Rs 2 per share, it added

Vedanta's Anil Agarwal, Centricus team up for turnaround investment fund. The fund will also target companies restructuring under India's bankruptcy regime, the people said

Air India's Q1FY21 net loss stands at around Rs 2,570 crore: Puri. Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the year ago period, Civil Aviation Minister said

SP slaps notice on Tata Sons board, seeks damages for blocking fund raise. Notice questions actions of Tata Sons independent directors, Mistrys say they are duty bound to protect interests of minority shareholders

Byju's acquires 3D virtual lab startup LabInApp to bolster edtech presence. With this, Bjyu's, which is currently valued at around billion, has already acquired half a dozen apps in edtech platforms in a bid to become a super app in the edtech space

Hindustan Copper enters long-term deal to supply concentrate to Hindalco. With this partnership, the companies have moved towards import substitution; Hindustan Copper is the only producer of concentrate in India

VIL drops faster speed claim in RedX offering, files revised plan with Trai. Faced with regulatory heat on its controversial plan, VIL has dropped faster data speed claims, which formed a prominent part of its pay-more-for-priority-treatment offering

TVS Motor expands ops in Colombia, announces partnership with Auteco SAS. Autotecnica Colombiana SAS will operate 50 exclusive dealerships exclusive of TVS Motor Company and will create dedicated space for the brand in over 600 retail outlets

GoAir partners Stemz Healthcare to offer Covid-19 testing to passengers. Budget carrier GoAir on Thursday said it has partnered Stemz Healthcare to offer coronavirus testing facility to its domestic and international passengers

More than 1,000 listed companies file June quarter numbers in September. Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark

Flipkart plans overseas listing in 2021, seeks bn valuation: Report. Flipkart is likely to choose between Singapore, or the United States for the initial public offering

Tata Projects wins bid to construct new parliament building: Officials. The Tata Projects Limited on Wednesday won the bid to construct a new Parliament building at a cost of Rs 861.90 crore, officials said. The L&T Ltd had submitted a bid of Rs 865 crore, they said. "The Tata Projects Limited has won the contract to build a n

Tencent investing .8 mn in Flipkart amid China-India border row. "Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc

Airlines in India seek .5 bn in interest-free credit line, says govt. Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.

Titan ticks with Covid times to roll out contactless payments watches. Titan Pay range, launched in tie-up with SBI, allows bank's YONO account holders to tap the watch on contactless payment POS machines without having to swipe or insert bank card

Despite market volatility, LIC made Rs 13k cr profit in equity till Aug: MD. The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 per cent over the same period of the last fiscal

Shiprocket launches accelerator program, to invest Rs 3.5 cr in startups. Shiprocket said the program is designed to help D2C (direct to consumer) startups scale up

Dalmia Cement buys Indian Energy Exchange shares worth over Rs 144 cr. Dalmia Cement (Bharat) Ltd on Wednesday purchased shares of the Indian Energy Exchange (IEX) worth over Rs 144 crore through an open market transaction.

Tata Power, India Power Corporation submit bids for three discoms in Odisha. The bids were called earlier this year for Western, Southern and Northern Electricity Supply Companies, namely WESCO, SOUTHCO and NESCO.

Byju's unveils 'Education for All' to empower 5 mn children by 2025. The programme aims at democratising education by ensuring that children across all economic backgrounds get equal access to quality learning opportunities.

After decade-low in July, Reliance Industries oil import up 58% in August. Reliance's oil imports in August rose about 58 per cent from July to 1.22 million barrels per day

Exodus of senior management at GoAir continues as 2 more executives quit. Their departure comes close on the heels of half-a-dozen other senior executives, including the then CEO Vinay Dube quitting the carrier last month

SpiceJet starts cargo service in North East, strengthens supply chain. The service will carry both perishable and general cargo to 44 international destinations of the SpiceJet network, Singh said through video link from New Delhi

P&G Health June-quarter net profit jumps 11% to Rs 49 cr despite low sales. Procter & Gamble Health, formerly known as Merck, on Wednesday reported a 10.8 per cent jump in June quarter net profit at Rs 48.9 crore. The profit growth came despite a fall in sales to Rs 200.3 crore due to the COVID-19 pandemic, as against Rs 224.9 cro

Sterling and Wilson Solar June quarter net falls 62% to Rs 17.22 cr. Sterling and Wilson Solar Ltd said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues

Gold refiner Rajesh Exports June quarter net falls 50% to Rs 152.13 crore. Rajesh Exports has reported 49.61% fall in consolidated net profit at Rs 152.13 crore for the quarter ended June 30, 2020

Airtel partners with STL to build densely fiberised digital network. A leading integrator of data networks Sterlite Technologies Ltd has announced a partnership with Bharti Airtel to build a modern optical fibre network across 10 telecom circles

L&T Technology Services, UK's Exponential-e to offer workplace solutions. L&T Technology Services (LTTS) on Wednesday announced a partnership with UK-based Cloud, connectivity and communications services provider, Exponential-e to jointly offer workplace transformation solutions to customers working in the post-COVID environm

ACKO raises million from Munich Re and other existing investors. The digital insurance company had raised around million last year from Binny Bansal and Ascent Capital

Insurance firm ACKO raises Rs 441 crore in funding round led by Munich Re. Insurance firm ACKO on Wednesday said it has raised about Rs 441.8 crore in a funding round led by Munich Re Ventures

Vedanta wins case for 9 mn award claim; SC rejects govt plea. Court rejects government's petition, which had said that billionaire Anil Agarwal's company, along with Videocon Industries Ltd., is entitled to recover only 8.5 million

Revenues of Indian airlines fell 85.7% in April-June due to Covid-19: Puri. The revenue of Indian airlines fell by 85.7% to Rs 3,651 crore during the first quarter of 2020-21 in comparison to the corresponding period a year ago due to Covid-19, said Hardeep Singh Puri

Promoters of Sterling & Wilson Solar to now repay pending loan by Sept 2021. Company has extended the repayment timeline from the earlier Sept 2020

The drought for India's IPOs may be easing in their worst year since 2016. A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years

Blackstone, Partners Group Holding in race to acquire Piramal Glass. Parent to seek billion valuation from unit sale

Will invest Rs 2,000 crore in India: Toyota Kirloskar Motor chairman. High GST rates taking a toll on volumes, says Viswanathan

Adani Green Energy's market valuation crosses Rs 1 trillion mark. The company is also Adani Group's most valued firm in terms of market valuation

Swiggy delivery executives in Hyderabad to go on strike demanding hike. Delivery executives of food-delivery platform Swiggy in Hyderabad will go on indefinite strike from Tuesday, demanding a hike in their delivery charges

Tata Steel inks deal with Workers' Union to pay annual bonus to employees. The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20

SAIL reports over Rs 1,226 cr net loss in Q1 due to reduced income. The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing

ITI Ltd June quarter loss widens to Rs 102 cr due to Covid-19 crisis. The company had posted a loss of Rs 61 crore in the corresponding period of the preceding fiscal

Srei reports 46% decline in net profit at Rs 23 cr for June quarter. The company's net profit stood at Rs 42.67 crore during the same quarter a year ago

Ludhiana tweeted about romance; Mumbai got nostalgic in 2019: Twitter. Twitter India study says talked about themes last year were on animals, celebrations, celebrities, humour, romance and sports.

Multiplex group appeals to govt to reopen cinemas, says jobs are at stake. Appealing to the govt to allow theatres to reopen, the Multiplex Association of India said the sector that provides employment to lakhs had lost an estimated Rs 9,000 crore in the last six months

Apollo hospitals says September occupancy levels up 60% after dip. The hospital chain says it has taken various cost saving measures that will help it save Rs 200 cr this financial year

Billionaires worldwide are now lining up to take their companies private. Companies have already announced billion of transactions to be taken private by a related party this year, up about 2,500% from the same period in 2019

Big Billion Days to create 70,000 seasonal jobs in festive season: Flipkart. Walmart-owned Flipkart said it will help generate over 70,000 direct and lakhs of indirect seasonal jobs in the country ahead of the festive season and its Big Billion Days (BBD) sale

Flipkart says Big Billion Days will create 70,000 direct jobs in festivals. Flipkart is undertaking training programmes for its direct hires in various aspects of the supply chain

Ratan Tata backed CashKaro raises mn from investors in Series B funding. The company had previously raised their Series A and angel round of funding from Kalaari Capital, Ratan Tata, and London-based angel investors

PVR Q1 loss at Rs 226 cr as revenue nil from core movie exhibition business. PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year

Minda Industries raises over Rs 242 crore through rights issue. Auto components maker Minda Industries on Tuesday said it has raised over Rs 242 crore by way of a rights issue to existing investors

Nayara Energy sees diesel recovery to pre-COVID-19 level by end-2021. Diesel demand growth is likely to return to pre-COVID-19 levels by the end of 2021 or early 2022, said Ashutosh Deshpande at the Platts APPEC 2020 virtual conference

Sachin Tendulkar pads up as brand ambassador for Paytm First Games. The company has also set aside Rs 300 crore for investing in growing the market for fantasy sports and other online gaming events during this financial year

Full recovery in consumer durables will be long drawn affair: Analysts. Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

Promoting IT sector to make Tamil Nadu as hub of South Asia: Govt. Tamil Nadu was actively promoting the Information Technology sector with the objective of making it an Information and Communication Technology hub of South Asia

Novavax, Serum Institute to produce 2 bn Covid vaccine doses under new deal. The U.S. company's vaccine is in mid-stage trials after an early-stage trial showed it produced high levels of antibodies against the novel coronavirus

Indiabulls Housing Finance gets short-term A1+ rating from Brickwork. The rating committee of Brickwork Ratings has assigned short term rating at ''BWR A1+''. The long term rating has been reaffirmed at ''BWR AA+'', the company said in the regulatory filing

NPPA extends price cap on knee implants by a year to September 2021. A few weeks back, the pricing regulator had extended the price cap by a month after the earlier order validity ended in August

Future Enterprises reports Q1 net loss at Rs 323 cr due to Covid lockdown. Its total expenses were at Rs 639.27 crore as against Rs 1,440.93 crore, down 55.63 per cent

Nasscom submits feedback on non-personal data draft report, identifies gaps. The body said mandating data sharing could reduce incentives to invest in the collection and processing of data

Perfect Relations founder Dilip Cherian opts out of Taj GVK board. The move comes just days after the hotel company said in a regulatory filing on September 10 that the board had approved Cherian's appointment as a director for five years

Sebi allows Hexware to extend delisting offer by one more day to Sept 16. The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said

Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee. Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said

IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch. The company said the construction period for the stretch is 730 days, while operation period is 15 years

Exide Industries developing solutions for hybrid, electric vehicles. Lead acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles, a company official said on Tuesday. A lithium-ion JV has been formed and is well placed with an assembly line having a c

Parliamentary panel bats for abolishing LTCG on startup investments. This should apply to investments made through collective investment vehicles such as angel funds, alternate investment funds and investment LLPs

Caught in Covid air pocket, SpiceJet posts Rs 593-crore pre-tax loss in Q1. Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period

Aurobindo gears up for multiple Covid-19 vaccines, ties up with CSIR. Developing own candidate; to develop and make CSIR vaccine candiates

We continue to remain committed to India operations: Toyota Kirloskar Motor. The statement follows a Bloomberg report which said that Toyota did not plan to expand further in India

Signs of green shoots in passenger vehicles and two-wheelers: Exide. Chatterjee informed that two new companies - MG Motor (with its Hector model) and KIA Motors (with its Seltos) started this year with 100 per cent use of Exide batteries

Covid-19 impact: SpiceJet posts Rs 600.5 crore loss for June quarter. Budget carrier SpiceJet reported a net loss of Rs 600.5 crore for the first quarter ended June 30, owing to the suspension of flight operations due to the coronavirus-induced lockdown

LIC's FY21 business will be higher than last year: Chairman Kumar. The life insurer hopes to sell 22 million policies and collect Rs 51,300 cr in first year premium income from individual business this financial year

Over 1,600 firms got bn FDI from China during Apr 2016-Mar 2020: Govt. The automobile industry received the maximum FDI from China at 2 million

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