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

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

Dixon Techno was amongst the top gainers, currently trading at 9604.70 in NSE with 1.969 times change in volumes and 7.675% change in price. Other gainers included Pg Electroplast with 4.951% price change and 0.82 times volumes, Icici Pru with 4.084% price change and 2.073 times volumes, Pnb Housing with 3.716% price change and 1.45 times volumes, and Bharat Petroleum with 2.974% price change and 2.244 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.

Bharat Dynamics was amongst the top losers, currently trading at 331.00 in NSE with 16.881 times change in volumes and -13.903% change in price. Other losers included Idea Cellular with -8.13% price change and 0.368 times volumes, Indian Hotels with -5.375% price change and 1.656 times volumes, Jindal Steel with -4.767% price change and 1.267 times volumes, and Solar Industries with -4.679% price change and 1.844 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.

Cube Highways enters Rs 3,500 cr financial deal with SBI. The firm was awarded nine road stretches with 2,265 lane kilometers across states in India last November, in the third Toll-Operate-Transfer round by NHAI

Voda Idea MD & CEO Ravinder Takkar to get no remuneration for 3-year tenure. Vodafone Idea Limited (VIL) may bear expenses incurred by Takkar for the business of the company, the notice for the 25th annual general meeting of the company stated

International Solar Alliance signs MoUs with NTPC, MNRE and World Bank. Ministry of New and Renewable Energy along with World Bank will design the plan for implementing 'One Solar One World and One Grid'; NTPC will implement the solar projects in 47 ISA member countries

Rising sales numbers not a reflection of ground reality, say auto dealers. Dealers say that with more job cuts and salary reduction, banks and NBFCs have become more cautious

MCA amends deposit rules for startups, extends exemptions up to 10 yrs. Earlier, the limits of total deposit from members did not apply to a startup for five years from date of its incorporation

Happiest Minds IPO subscribed more than 8 times on day before close. Happiest Minds is looking to raise Rs 110 crore in fresh capital through the IPO

Kamath panel recommendations: Implementation to be key, say hotel execs. Hospitality firms say banks should be willing to restructure

Indigo shares gain as analysts upgrade stock from 'sell' to 'buy'. The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22

Deepak Kochhar remanded to ED custody for 11 days by special PMLA court. PMLA court rejects Kochhar's plea for meeting family members during custody

Ashok Leyland's Chairman Emeritus R J Shahaney passes away after illness. Shahaney laid the strong foundation in manufacturing, engineering and technology for the company

Govt decision to limit export incentives under MEIS to hurt TVS Motor most. Profits of Bharat Forge, Bajaj Auto and Balkrishna Industries will also be hit

GoAir runs over 200 charter flights from Saudi Arabia; repatriates 37,016. GoAir has operated over 200 charter flights from Saudi Arabia to various domestic airports as part of repatriation efforts and has flown more than 37,000 passengers between June 10 and September 4

Fada welcomes Kamath panel reccos, but says few dealerships will benefit. Apex auto dealers' body says the average current ratio for the industry is 0.8-0.9 due to the distress facing it for two years, so meeting the suggested ratio of 1 will be difficult for many

SC decision to allow due payment over 10 yrs not enough to aid VIL: Fitch. SC decision to allow telcos to pay dues over 10 years will not be enough to help Vodafone Idea, while Jio and Airtel are expected to strengthen their market shares, Fitch Ratings said

India scaling up production of active pharmaceutical ingredients: Kant. India, a global hub for generic drugs, has launched a new scheme to boost production of active pharmaceutical ingredients that are greatly dependent on the Chinese supply chain, according to Kant

Covid-19 impact: GIC Re reports a pre-tax loss of Rs 811.22 crore in Q1FY21. Its investment income for the reporting quarter dropped 18.5 per cent to Rs 1,142.83 crore in Q1FY21, compared to Rs 1,401.90 crore in the same period last financial year

India's hiring outlook bleakest in 15 yrs; only 3% firms planning to hire. India is witnessing the weakest hiring sentiment in 15 years with just 3 per cent companies planning to add staff in the next three months, a survey of over 800 employers said on Tuesday.

General Insurance Corp reports Q1 net loss of Rs 497 cr as premiums decline. Government-owned GIC Re has reported a consolidated net loss of Rs 497 crore in the first quarter of the current financial year as against a net profit of Rs 192 crore in Q1 FY20

Marelli awards multi-year automotive software engineering contract to Wipro. Wipro Ltd and Marelli on Tuesday announced that they have entered into a multi-year global agreement for automotive engineering services

With 0 mn funding led by Silver Lake, Byju's valuation crosses .8 bn. Byju's is rapidly narrowing the gap to become the most valuable startup in the country after digital payments firm Paytm, which is valued at around billion

Silver Lake invests 0 million in India's Byju's at a valuation of bn. The frenetic deal activity signals huge investor appetite for India's edtech startups as the country's pandemic escalates

NLC India lines up power, mining projects worth over Rs 43,000 crore. The company signed a JV agreement with Coal India Ltd (CIL) to set up 5000 Mw of solar and thermal projects. These projects are expected to commence between 2023 and 2027

Covid-19 impact: MCA gives companies three more months to hold AGM for FY20. Companies are required to hold the AGM within six months of the end of a financial year

Schenker India operated over 70 charter flights in 5 months amid Covid-19. Integrated logistics services provider Schenker India has operated over 70 charter flights from India to various regions in over five months to help healthcare and pharma clients amid the coronavirus

Raj HC temporarily stays Adani's 1500 MW solar power project near Pokhran. The Court sought Rajasthan government's stand on a petition by local farmers challenging the allocation of nearly 990 hectares of agricultural land to the private business house

Route Mobile garners Rs 180 cr from anchor investors ahead of IPO tomorrow. Route Mobile has finalised allocation of 51,42,856 shares at Rs 350 apiece to 15 anchor investors

Fintech RapiPay plans to deploy 500,000 micro ATMs in next two years. Capital India Finance's fintech subsidiary RapiPay on Tuesday said it aims to deploy 5 lakh micro ATMs over the next two years in the country. RapiPay, which uses a franchised retail network to provide banking business correspondents (BCs) services, has re

Coronavirus fails to dampen spirits across electric vehicle eco-system. India more charged on first World EV Day; ABB, Green TV initiative comes at a time when best in tech available in the country

PowerGrid's asset monetisation via InvITs gets Cabinet go-ahead. PGCIL will become the first PSU to issue InVIT, and the asset size will be Rs 7,000 crore

Auto component firms eye higher exports, low imports to become self-reliant. Top official at various auto component firms said exports, which anyways have been intrinsic to the overall strategy, will increase at a rapid pace over the next two to five years

Motherson Sumi gets nod to raise up to Rs 3,000 cr through NCD issue. The move comes as the company is trying to stay afloat amid the Covid-19 disruptions the auto component sector has faced due to multiple lockdowns in the past few months

Professional gamers, e-sports organisers in a tough zone after PUBG ban. The country accounts for around 25 per cent of the gaming app's global user base

Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia. Engineering firm Sterling and Wilson Solar on Sunday announced that it has bagged orders worth AUD 300 million (Rs 1,600 crore) for two large solar projects in Australia. Sterling and Wilson Solar Ltd has signed (along with its branch and Australian subsid

Vodafone Idea to make major strategic announcement today, rebranding likely. Vodafone Idea is owned by Vodafone plc and the Aditya Birla group (ABG)

L&T's power transmission, distribution business bags 'large' contracts. Larsen & Toubro (L&T) on Monday said its power transmission and distribution business has bagged 'large' contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as pe

Alembic Pharma arm gets tentative USFDA nod for drug to treat hypertension. Alembic Pharmaceuticals said its subsidiary has received tentative approval from the US health regulator for Treprostinil injection indicated for the treatment of pulmonary arterial hypertension

Vi is We: Two yrs after merger Voda Idea integrates to create new identity. The relaunch, coming two years after the August 2018 merger of Vodafone and Idea Cellular, is to have a combined brand identity and advertising around it

Tariffs unsustainable at present, raising important: Vodafone Idea CEO. Vodafone Idea CEO Ravinder Takkar, in a short Q&A session with the media, was emphatic that tariff rise was inevitable to sustain the telecom business. Edited excerpts

Future Lifestyle Fashions reports Rs 353 cr Q1 net loss over lower income. Future Lifestyle Fashions on Monday reported a consolidated net loss of Rs 352.95 crore for the first quarter ended June 30, 2020 on account of lower income

Tourism in dire straits due to Covid; needs urgent relief from govt: IATO. Industry body IATO on Monday urged the government to provide immediate relief to the tourism sector, which has been severely hit by the Covid-19 pandemic

HC asks SpiceJet to deposit Rs 243 cr in share transfer row with K Maran. Airline's net worth has eroded completely and it will find it deposit to deposit the amount in the deadline of 6 months.

Maruti Suzuki India posts 11% rise in production to 123,769 units in August. The country's largest carmaker Maruti Suzuki India said its total production in August increased by 11 per cent to 123,769 units

BofA Securities bets on RIL's 'layer of commerce' after Jio Platforms. After building a 'digital layer' (Jio Platforms) on top of the existing 'physical layer' of retail shops, RIL would over the next 4 years focus on a third 'layer of commerce', BofA Securities said

HomeLane earmarks Rs 100 cr for marketing, to expand to 25 cities by 2021. Home interiors company HomeLane said it is planning to spend Rs 100 crore for marketing initiatives as it looks to expand its operational footprint to over 25 cities by 2021-end

SIP investments up 143%, monthly registration doubled in FY20: Paytm Money. Digital financial services firm Paytm Money on Monday said that monthly investment volume in systematic investment plans (SIP) has risen by 143 per cent on its platform in 2019-20. The company said that it has completed two years of business and has been a

Mercedes-Benz to open bookings for its mid-size SUV from September 8. German luxury car maker Mercedes-Benz announced opening the bookings of its mid-size SUV, AMG GLE 53 4MATIC+ Coupe, from September 8

June results show op profit margins high even as profits sank: CARE Ratings. The numbers looked at the aggregate performance of 1,435 companies excluding those from the banking and finance sectors

Razorpay starts lending service for small businesses hit by Covid-19. The firm has launched a collateral-free line of credit, 'Cash Advance' for small businesses who can borrow working capital with a credit limit of Rs 50,000 to Rs 10 lakh, within 10 seconds

Future Group arm defaults on debt repayment of Rs 22 cr due September 5. In a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption and interest due on September 5, 2020

ITC clocks growth in e-sales, expects festive season to push overall demand. The company has also witnessed fast growth in its online business in the wake of the pandemic and expect to continue the momentum

Difficult to avail loan restructuring under Kamath panel: Airline execs. Getting working capital loans will also become difficult as there is no certainty when the passenger flow will pick up

India Inc heaves sigh of relief as Kamath panel identifies key sectors. The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief

Voda Idea to seek shareholders' nod to raise borrowing limit to Rs 1 trn. VIL will also seek shareholders' nod to create charge or mortgage or hypothecate on the company's properties up to the limit of Rs 1 trillion

Plan to recruit 14,000 staff this year; VRS not cost-cutting exercise: SBI. The State Bank of India (SBI) said it proposes to recruit 14,000 employees during the current year and its 'on tap VRS' is not a cost-cutting exercise

Vodafone, Idea converge into Vi in branding exercise amid telecom war. Experts warn that creating a new brand identity in a competitive market will not be easy

ITC weighs 'alternate structure' for hotels business for value creation. Puri also said that there were many smaller pieces in the portfolio that required support from institutional strengths, and that's why they structured the way they were

Vodafone Idea's new brand identity "Vi"; Tariff hike on cards. The telco has till now been advertising the two brands separately

Allcargo shares shed nearly 4% as delisting floor price disappoints. The company on Saturday announced that its promoters have set the floor price at Rs 92.58, which is 19% lower than the firm's last closing price of Rs 114.5 on Monday

We are never shy of raising tariffs: Vodafone Idea CEO Ravinder Takkar. In a Q&A session with journalists, Takkar says the two independent brands Vodafone and Idea will be phased out, and the legacy of the two companies will reflect in the common brand

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