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NSE share market NEWS tomorrow (29 September, 2020). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 September, 2020). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 September 2020

Crompton Gr was amongst the top gainers, currently trading at 279.05 in NSE with 1.22 times change in volumes and 7.203% change in price. Other gainers included Himachal Futuristic with 5.449% price change and 1.965 times volumes, Hindalco Industries with 5.188% price change and 2.951 times volumes, Adani Green with 4.999% price change and 0.921 times volumes, and Indian Energy with 4.805% price change and 1.319 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.

Laurus Labs was amongst the top losers, currently trading at 289.20 in NSE with 3.467 times change in volumes and -80.203% change in price. Other losers included Idea Cellular with -5.314% price change and 1.112 times volumes, Bharat Heavy with -4.874% price change and 1.021 times volumes, Bank Baroda with -4.614% price change and 1.469 times volumes, and Syngene Internatio with -4.12% price change and 1.08 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.

Re 1 invested in Adani Enterprises yielded 800-times return: Gautam Adani. The vision to build India, he said, enabled Adani Group to enter sectors facing critical demand gaps and growth through expansion into adjacent sectors

Google to enforce Play billing system, gives one yr to non-compliant apps. The tech giant plans to start enforcing this rule for apps that meet this criteria but are not implementing it

India metals tycoon Anil Agarwal seeks bn for turnaround fund: Report. The billionaire is working with London-based Centricus Asset Management Ltd on the fund, which will have a 10-year life span and use a private equity-type strategy

Courtesy lending to women aspirants, Avanse Financial raises million. Lending to women has helped private equity major Warburg Pincus-run education loans company Avanse Financial Services raise USD 15 million or Rs 110 crore in foreign debt.

Keventer Agro expands milk collection centers in WB to ramp up production. Keventer Agro that owns the dairy brand Metro is expanding its fresh milk collection centres in West Bengal in a bid to raise its processing capacity to 4 lakh liters per day, the company said

MD Mahendra Agarwal resigns from supply chain firm Gati's board. Supply chain solutions provider Gati Ltd on Tuesday said its founder and Managing Director Mahendra Agarwal has resigned from the board.

Cement industry has started recovering: India Cements MD Srinivasan. The Indian cement industry has started recovering from the impact of COVID-19 helped by pent-up demand and improved rural markets, India Cements Vice-Chairman & Managing Director N Srinivasan said. The company expects an uptick in demand on the back of gov

Jio seeks early spectrum auction, says delay to hurt national exchequer. Reliance Jio has questioned the telecom department's rationale to pause the policy of spectrum auction every year and demanded that the sale of airwaves should be held at the earliest

IndiGrid unitholders approve KKR as InvIT sponsor with special majority. The PE firm, which earlier withdrew intent to become a sponsor in August, made a fresh application again this month

Ahead of the festive sale, Amazon pumps Rs 1,125 crore into its India unit. The infusion would help the e-commerce giant to take on its rivals including Walmart-owned Flipkart and Reliance's JioMart in the upcoming festive season

After Voda arbitration, now Cairn expects .4 bn in losses from retro tax demand. British oil explorer Cairn Energyon Tuesday said it was seeking from the Indian govt Rs 10,300 cr in losses arising from the expropriation of its investments to enforce a retrospective tax demand.

Govt considers selling 25% stake in LIC to plug widening budget gap: Report. The government plans to amend the act of parliament under which the state-run LIC was set up to prepare for the sale, the people said, asking not to be identified as the discussions were private

Talks for 2 Williamson Magor group firms' debt recast at advanced stage. Promoters are also exploring capital infusion into certain promoter group companies and monetisation of certain assets of the group

Serum Institute to make 100 mn more doses of Covid vaccine for Rs 250 each. Secures additional 0 mn risk funding from Bill and Melinda Gates Foundation

Groupe PSA brings Eurorepar products to India, signs pact with GoMechanic. To launch range of multi-brand, quality automotive products for Indian independent aftermarket industry

Etrio raises million in series A to launch new EV product lines. The investment will fuel the company's foray into new electric vehicles in three wheelers and bicycle product lines

Walmart in talks to invest bn in Tata Group's 'super app': Report. According to ongoing discussions between the two companies, the super app could be launched as a joint venture between Tata and Walmart

Many firms not ready for new Tax Collected at Source regime: EY-SAP India. A large segment of companies in India is not entirely prepared to deal with various tax implications of the Tax Collected at Source (TCS) provisions

Future Enterprises reports default on interest payments of NCDs again. FEL, which is having financial troubles, had last week also informed default on interest payment of another non-convertible debenture

Large firms maintaining digital transformation budgets amid Covid: TCS. Prior to the pandemic, the average organisation surveyed had only 9 per cent of its workforce working mostly from home

Brookfield REIT plans 0 mn IPO; third to be listed in India: Report. The Canadian asset manager is filing the Draft Red Herring Prospectus (DRHP), making it the third REIT to be listed in the country after Embassy Office Parks and Mindspace

Early Diwali for gig workers: E-commerce firms to create 300,000 jobs. Sales are expected to touch billion this year because of Covid-driven online adoption

Mubadala in advanced talks to invest up to bn in Reliance Retail: Report. Reliance Retail is on a fund raising spree and has secured around .8 billion in the past few weeks from KKR & Co and Silver Lake Partners

Reliance Jio pitches for spectrum auction; says delay will hurt exchequer. The company, in a letter to the Department of Telecommunications, said there was an an urgent need for immediate auction of all the available spectrum in all bands.

Kalorck Capital raises concerns over transparency of Jet resolution process. Kalrock has written to the lenders saying that the bid process should be completed transparently and quickly, pointing to the successful resolution of bankrupt Virgin Australia

Indiabulls Housing sells stake in UK-based OakNorth Bank for Rs 630 cr. Earlier this month, the mortgage lender sold a part of its stake in the UK-based lender to HighSage Ventures, a Boston-based investment firm, for Rs 440 crore

India Cements re-appoints Rupa Gurunath as whole time director for 5 yrs. Gurunath holds chairmanships/directorships in Coromandel Travels Ltd, Coromandel Electric Company Ltd., ICL Shipping and India Cements Infrastructures Ltd

Sellers keen to invest in hiring, infra for festive season: Amazon India. Amazon India had commissioned Nielsen to conduct a study to gauge expectations of SMBs (small and medium businesses) sellers on Amazon from the upcoming festive season

Cochin Shipyard delivers RO-RO vessels to Inland Waterways Authority. In a statement, CSL said the 56 metre long Ro-Ro Vessel is built with in-house design for day and night operation all round the year to carry 15 TEU container trailers and 30 passengers

Fashion start-up Ciceroni enters e-commerce with curated online pop-up. Branded 'Pari-Sangam', the pop-up will feature nearly a dozen labels in clothing, accessories and decor, as firm aims to reach out to the urban millennial

Tata Motors launches 55-tonne prime mover Signa 5525.S with 3 drive modes. The model offers the power of enhanced performance and lower total cost of ownership, thereby improving revenue and reducing operating cost

ESIC issues guidelines for Covid-19 safety measures at workplace. The Employees' State Insurance Corporation (ESIC) on Tuesday issued guidelines for COVID-19 safety measures at workplace. Health Minister Harsh Vardhan and Labour Minister Santosh Kumar Gangwar jointly released the safe workplace guidelines for industry &

Two more months needed to kill damaged Baghjan gas well: Oil India chief. OIL Chairman and MD Sushil Chandra Mishra said it has started taking action against employees responsible for the mishap, which has killed three persons

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.

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