NSE share market NEWS tomorrow (26 September, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (26 September, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 September 2024
Maruti Suzuki was amongst the top gainers, currently trading at 13383.80 in NSE with 4.312 times change in volumes and 4.681% change in price. Other gainers included Vedanta with 4.564% price change and 1.755 times volumes, 360 One with 4.384% price change and 4.039 times volumes, Blue Star with 4.066% price change and 4.236 times volumes, and National Aluminium with 4.006% price change and 0.854 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.
Kalyan Jewellers was amongst the top losers, currently trading at 716.70 in NSE with 1.441 times change in volumes and -5.473% change in price. Other losers included Crompton Gr with -5.05% price change and 3.984 times volumes, Kfin Technologies with -4.981% price change and 3.063 times volumes, Amber Enterprises with -2.885% price change and 0.295 times volumes, and Voltas with -2.789% price change and 3.435 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.
Biocon inks licensing, supply pact with Tabuk Pharmaceutical Manufacturing. Biocon Ltd on Thursday said it has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialise its 'GLP-1' products for treating diabetes and chronic weight management in select countries of the Middle East. Und
Thermax looks to double business in existing international markets. Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management
IndiGrid unitholders approve move to raise Rs 695 cr via preferential issue. Infrastructure investment trust India Grid Trust on Thursday said it has received unitholders approval to raise up to Rs 695 crore through a preferential issue. During an extraordinary meeting held on Thursday, the unitholders gave their go-ahead for "issu
Accenture raises FY25 revenue growth guidance to 3-6% despite FY24 miss. "We are hiring primarily in India," says Julie Sweet
Amazon leverages air, rail for faster festive deliveries across India. Amazon was the first e-commerce company to partner with Indian Railways in 2019
No plans to list diagnostic arm Agilus Diagnostics: IHH Healthcare. Engaging with regulator on open offer for 26.1% stake in Fortis
Adani Green Energy signs 50-50 joint venture pact with TotalEnergies. Adani Green Energy Ltd (AGEL) on Thursday announced that it has completed signing a 50:50 joint venture (JV) with TotalEnergies, according to an exchange filing. As part of the JV, TotalEnergies has invested USD 444 million in its subsidiary to acquire a 5
Torrent Pharmaceuticals refutes claim of Shelcal 500 failing CDSCO test. Company claims sample tested was spurious and not manufactured by it
BSES launches 'Tatkal' scheme for same-day temporary power connections. The BSES has launched a 'Tatkal' scheme for providing same-day temporary electricity connections ahead of the festival season to enhance the festivities and reduce pollution, it said on Thursday. People can apply for new connections via the BSES website, m
Beetel Teletech to distribute US-based Cambium Networks' solutions in India. Technology service provider Beetel Teletech on Thursday said it has partnered with NASDAQ-listed Cambium Networks to distribute networking solutions in India. As part of this partnership, Beetel will distribute Cambium's comprehensive portfolio of advanced
Reliance Retail plans to sell H&M products online through AJIO platform. Reliance Retail's fashion e-tailer AJIO will now feature Swedish fast fashion major H&M's products on its platform. Both companies, in a joint statement on Thursday, entered into a partnership to launch H&M's line of products on the AJIO platform. "This pa
IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer. Outgoing COO Prock-Schauer is retiring after leading the airline's operations for over seven years. He is one of the longest serving expats in Indian aviation who has previously led operations in now
State Bank of India brought down Kingfisher, Air India: JKC to SC. The first tranche payment of Rs 350 crore was required to be made by March 21, 2022
PM Modi meets Tata Sons, PSMC officials to discuss semiconductor projects. Prime Minister Narendra Modi on Thursday met top officials of Tata Sons and Taiwan-based Powerchip Semiconductor Manufacturing Corporation, the two companies which are setting up semiconductor manufacturing projects at Dholera in Gujarat. Leaders of the tw
Tata Electronics, PSMC complete tech transfer pact for Gujarat Fab unit. Tata Electronics has already engaged two esteemed design firms from Taiwan to create a top-tier Fab that adheres to global standards of quality, safety, and sustainability
HDFC sells nearly 7 million of home loans to reduce credit book. In June, HDFC also sold a 50 billion rupee loan portfolio. Its credit-deposit ratio stood at 104% at the end of March, higher than the 85% to 88% rate in the previous three fiscal years
Hindustan Copper plans to increase mine production capacity to 12.2 MTPA. State-owned Hindustan Copper Ltd (HCL) is implementing expansion projects to increase mine production capacity to 12.2 million tonnes per annum (MTPA), its CMD Ghanshyam Sharma said on Thursday. The move will boost domestic production of copper and reduce
IBBI amends rules to enhance creditor representation in insolvency process. The IBBI has amended the Insolvency Resolution Process for Corporate Persons norms to introduce significant changes to enhance creditor representation in the insolvency process. The board notified the Insolvency and Bankruptcy Board of India (Insolvency Re
Hyundai India deserves valuation premium to Maruti, says Nomura note. Korean automaker's Indian unit expanding market share and benefits from being part of larger Hyundai Motor Company, it says
Nita and Akash Ambani join Viacom18 board ahead of Star India merger. The move comes as Viacom18 nears the final phase of its merger with Disney's Star India
Godrej Properties to consider raising funds via securities in Oct 1 meet. Realty firm Godrej Properties on Thursday said its board will meet on October 1 to consider a proposal to raise funds through the issue of securities. The company did not disclose the amount it wants to raise. In a regulatory filing, Godrej Properties info
Anant Mukesh Ambani, BP CEO open Jio-bp's 500th EV-charging station. Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp, on Thursday inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp. Jio-bp is a fuels and mobility joint venture between RIL and global energy giant
Byju's insolvency case: SC reserves verdict on plea challenging NCLAT order. The Supreme Court on Thursday reserved its verdict on a plea of a US firm against the NCLAT order stopping insolvency proceedings against ed-tech firm Byju's. A bench headed by Chief Justice D Y Chandrachud asked the insolvency resolution professional (IRP
Amazon great Indian festival sale starts for prime members; details here. Amazon Great Indian Festival Sale 2024 is now LIVE for Prime members. From exclusive deals on gadgets to more; Prime members can enjoy early access to top discounts and offers
Indogulf files IPO with Sebi, aims to raise Rs 200 cr via fresh issue. Indogulf Cropsciences Ltd, a manufacturer of crop protection products, plant nutrients, and biologicals, has filed preliminary papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO). The Delhi-based company's IPO
Coal India arm BCCL books 2.40 million tonnes coking coal for steel sector. The government on Thursday said 2.40 million tonnes (MT) of coking coal have been booked of the 3.36 MT offered by Coal India arm Bharat Coking Coal Ltd (BCCL) under auction mode for the steel sector for long-term linkages. Coking coal is a key raw materia
Entod Pharma meets DCGI, issues clarification over eye drop 'claims'. Move comes after drug regulator had suspended nod granted to firm to manufacture, sell PresVu eye drops
Amazon is making its Local Shops program more robust this festive season. 'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce
CBI registers bank fraud case against promoters, directors of Cox and Kings. The CBI has registered a case of alleged Rs 525-crore bank loan fraud against the promoters and directors of travel company Cox and Kings on the complaint of Yes Bank, officials said on Thursday. The CBI has taken over the investigation from the Mumbai Pol
Star Health sues Telegram after hacker uses app chatbots to leak data. Star Health has sued Telegram and a hacker for leaking sensitive data via chatbots on the platform, which has recently been under increased scanner for its policies
German major XeedQ plans quantum tech centre in Telangana, Tamil Nadu. Quantum computing is the next-generation computing technology that is expected to revolutionise computer technology in terms of speed, capability, security, and more
SpiceJet clears pending salaries after Rs 3,000 crore capital infusion. Domestic carrier SpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore, a source has said. The salaries for July and August for all employees, as well as the remaining June salaries for thos
SpiceJet settles salary dues following successful Rs 3,000 crore QIP. SpiceJet's financial woes have been compounded by its inability to secure additional funding, resulting in defaults on lease payments for its aircraft
SpiceJet clears salary dues days after raising Rs 3K crore through QIP. The domestic passenger market share of the airline had shrunk to just 2.3 per cent in August this year, as per the latest data released by the Directorate General of Civil Aviation (DGCA)
NCLAT gives go-ahead to IECCL resolution, delinks with other IL&FS cos. The NCLAT on Thursday gave a go-ahead to the insolvency resolution of IL&FS Engineering and Construction Company Limited (IECCL) and delinked it with the other listed loss-making companies of debt-ridden IL&FS. However, the National Company Law Appellate T
Ola Electric plans 10,000 outlets by 2025, targeting smaller cities. Ola Electric plans to open 10,000 sales and service outlets by 2025 - a move aimed at boosting its presence in smaller cities across India
Tata Play expands OTT reach to Philippines through tie-up with Cignal TV. Tata Play's OTT platform Binge will now expand to Philippines as the company has entered into partnership with the country's local media - Cignal TV to launch the Cignal Super app
Tata Electronics, PSMC sign pact for Rs 91,000 cr chip manufacturing unit. Tata Electronics on Thursday said it has concluded an agreement with Taiwan-based Powerchip Semiconductor Manufacturing Corporation, which will provide technology support for the Dholera wafer fab of the Indian tech major. As per the agreement, PSMC will p
IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery. Outstanding principal of Rs 2,300 crore in focus
Balmer Lawrie plans Rs 700 cr capex to diversify into ethanol production. Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of Rs 700 crore with the aim to achieve a revenue of Rs 6,000 crore by 2030, a company official said on Thursday. It plans to diversify into ethanol production, set up a free trade wareho
Titan's SKINN to expand fragrance range; launches affordable product line. The SKINN 24Seven line offers variants including Aqua, Woody, Floral, Caramel, and Amber. Each fragrance is priced at Rs 1,745 and comes in a 100-millilitre bottle
Centre seeks CM Stalin's intervention to resolve ongoing Samsung strike. On the 17th day of the strike, the company also urged its workers to return to work, expressing its willingness to talk directly with the employees and not with the Centre of Indian Trade Unions
Amazon engaging with India on GPU procurement tender: Senior exec. Pankaj Gupta, Leader-Public Sector, Amazon India, called the India AI mission an empowerment framework for the sector, and indicated that the firm was engaging with the government on the same
Vedanta board to meet on Oct 8; consider, approve 4th interim dividend. Mining major Vedanta Ltd on Wednesday said its board will meet on October 8 to consider and approve the fourth interim dividend for 2024-25. The record date for the purpose of determining the entitlement of the equity shareholders for the fourth dividend,
NCLAT did not apply its mind in edtech firm Byju's case: Supreme Court. Indicates sending matter back to appellate tribunal to hear it afresh
Zerodha profit jumps 61.5% in FY24; CEO warns of regulatory challenges. However, anticipates 30-50% drop in revenue next fiscal due to regulatory headwinds
Coromandel International to acquire additional 8.82% stake in BMCC. Agro-chemicals firm Coromandel International on Wednesday announced the acquisition of an additional 8.82 per cent equity stake in Senegal-based rock phosphate mining company BMCC through its wholly-owned subsidiary. With this, the company's overall shareh
Startup firm Whatfix raises 5 mn in Series E round led by Warbug Pincus. Supporting 80+ Fortune 500 companies, Whatfix registered top-decile performance with a 4.5x increase in annual recurring revenue since 2021 round, with new products contributing 15 per cent of revenue
Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24. Goa Shipyard Ltd (GSL) has achieved the highest-ever revenue from operation of Rs 1,753 crore in FY24, a top company official said on Wednesday. Addressing the 58th annual general meeting of GSL, Chairman and Managing Director Brajesh Kumar Upadhyay said t
UBS Group completes acquisition of HDFC Bank shares valued at Rs 543 cr. Swiss financial services company UBS Group on Wednesday bought shares of private sector lender HDFC Bank for over Rs 543 crore through an open market transaction. According to the block deal data available on the BSE, UBS Group's arm UBS Principal Capital
Infosys, Swedish electric car maker Polestar to set up tech hub in B'luru. IT major Infosys has collaborated with Swedish electric performance car brand Polestar to create a base for the latter's development of in-car infotainment, software and electrical/electronics engineering, user experience, and cloud-powered digital service
Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr. Nishant Pitti, one of the promoter of Easy Trip Planners, on Wednesday divested a 14 per cent stake in the company for Rs 920 crore through open market transactions. According to the bulk deal data available on the NSE, Nishant Pitti sold 24,65,49,833 shar
SBI Mutual Fund hikes 2.85% stake for Rs 900 cr in KPR Mill, now holds 7.7%. SBI Mutual Fund on Wednesday hiked its stake in KPR Mill to 7.74 per cent by snapping up additional 2.85 per cent shares worth over Rs 900 crore through an open market transaction. According to the bulk deal data on the BSE, SBI Mutual Fund bought 97.35 la
AI healthcare firm Qure.ai completes mn Series D funding round. The investment will expedite expansion into the US market and other geographies, increase investment into foundational AI models and enable complementary med-tech company acquisitions
Mindspace REIT to build 1 mn sq ft data centre campus in Navi Mumbai. Mindspace Business Parks REIT will develop data centres for Princeton Digital Group in Navi Mumbai comprising 1 million square feet area. In a statement, Mindspace REIT on Wednesday said it has entered into a strategic partnership with Princeton Digital Gr
ADB retains India's economic growth forecast at 7% for FY24, 7.2% for FY25. Due to the government's efforts toward fiscal consolidation, central government debt is projected to decline from 58.2 per cent of GDP in FY2023 to 56.8 per cent in FY2024
Nomura, Mizuho leading bidders for majority stake in Avendus Capital. KKR and Avendus management are working together on the sale, the people said
Wow Momo plans to go public in 2 years, takes cues from Domino's for IPO. India's billion fast-food sector has seen significant growth, driven by rising demand among low- and middle-income families
Adani Group, Bombardier explore partnership to boost Indian aviation sector. Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)
Airtel announces AI-powered spam detection system based on 250 parameters. System promises to catch 97% of spam calls & SMS for users, says telecom company
Zerodha customers hold over Rs 5.66 trillion in demat accounts: Kamath. Nithin Kamath said that Zerodha had a profit of Rs 4,700 crore for FY24, with customers holding over Rs 5.66 trillion in demat accounts. The company now aims to reduce its reliance on F&O for revenue
HDFC Bank's loan growth in Q2 could dip below 10%: Macquarie Report. HDFC Bank has previously indicated that it will grow its advances at a slower pace than its deposits, as it seeks to bring down its elevated loan-deposit ratio to pre-merger levels
Enforcement Directorate and Binance crack down on Fiewn gaming app scam. The money was laundered using digital wallets linked to a global cryptocurrency exchange
Shriram Finance raises 0 million from investors via USD Social Bonds. The company plans to tap the USD bond market again when interest rates ease further
Euler Motors forays into LCV segment; drives in two electric models. Electric vehicle maker Euler Motors on Wednesday forayed into the light commercial vehicle segment with the introduction of two electric four-wheelers developed to cater to multiple customer requirements. The company, which currently sells electric three-w
Payoneer to adopt localised approach for expanding user base in India. Cross-border business payment services provider Payoneer looks to leverage its global marketplace partnerships and take a localised approach to expand its reach in India amid "rapid expansion" in the country's service export market. According to Payoneer I
Zoho enters ONDC network with Vikra app, unveils low-code IoT solution. Says India customer base grew by 31 per cent in CY23
Pharmaceutical firm Piramal Pharma eyes to double revenue to $ 2 bn by FY30. Eyeing tripling of Ebitda and bringing down net debt during the same period
Zepto retains first place in LinkedIn's 2024 list of India's Top Startups. Quick commerce platform Zepto, for the second consecutive year, has been ranked first in LinkedIn Top Startups India List 2024 -- an annual ranking of emerging companies where professionals want to work. The list draws insights from data based on actions o
SMBs to launch over 9,500 products in Amazon's month-long festive sale. Ahead of its month-long festive season sale, Amazon India on Wednesday said more than 9,500 new products from small and medium businesses (SMBs) will be showcased on the platform. The Indian SMBs, a part of Amazon's seller programmes, include Karigar, Sahe
Say goodbye to spam calls: Airtel's AI solution alerts customers instantly. Airtel's new tool will provide real-time alerts for suspected spam calls and short messaging services (SMSs) at no extra cost
SBI aims to become first financial firm to cross Rs 1 trn profit: Chairman. State Bank of India (SBI) is aiming to become the first Indian financial firm to cross a milestone of Rs 1 lakh crore net profit in the next 3-5 years, chairman of the country's largest lender C S Setty has said. SBI recorded a standalone net profit of Rs
Reliance Power's subsidiary Rosa prepays Rs 850 cr debt to Varde Partners. The prepayment brings Rosa Power closer to achieving zero debt, following its parent company's debt-free status earlier this month
Flexible office space operators got 0 mn PE funding since 2017: Report. Flexible office space operators have received USD 820 million worth private equity funding since 2017 driven by rising demand from corporates, according to Knight Frank. In its report released on Wednesday, real estate consultant Knight Frank India said th
Mt K Kapital raises over Rs 500 cr to invest in realty projects in Mumbai. Alternative investment fund Mt K Kapital on Wednesday said it has raised over Rs 500 crore to deploy in real estate projects in the Mumbai Metropolitan Region (MMR). In a statement, Mt K Kapital said it has raised Rs 500 crore for its maiden fund (Mt. K Re
Centre asks Tamil Nadu govt to resolve Samsung workers' strike: Report. Samsung has defended its wages, saying its workers at the Tamil Nadu plant are paid almost twice as much as employees in nearby companies
Results from Biocon Biologics supports interchangeability of psoriasis cure. Two Phase 3 studies have demonstrated that patients can safely switch between adalimumab, a well-known biologic therapy, and its biosimilar, adalimumab-fkjp
State-owned Bank of India raises Rs 2,500 crore at 7.49% via tier-II bonds. The state-owned lender will raise Rs 2,500 crore through additional Tier-I bonds in Q3
Adani Energy Solutions, Green Energy join Utilities for Net Zero Alliance. Adani Green Energy and Adani Energy Solutions have joined the Utilities for Net Zero Alliance, a joint statement said on Tuesday. Utilities for Net Zero Alliance (UNEZA) was established at COP28 with the adoption of the UAE Declaration of Action. The allia
Foxconn eyes bn investment for smartphone display assembly in Tamil Nadu. Foxconn has acquired around 500,000 sq ft at the ESR Oragadam Industrial & Logistics Park, located next to its smartphone assembly plant near Chennai
Probe into EY India office reveals it lacked labour welfare permit. The law caps the maximum working hours for adults at nine hours each day and 48 hours each week
Mahindra & Mahindra and Skoda Volkswagen to sign joint venture soon. The JV will include sharing of costs, technologies, and vehicle platforms but will not include sedans, SUVs, and premium brands like Audi, Porsche, and Lamborghini sold by Volkswagen and Skoda
I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion. Tax officials claim that Hinduja Global Solutions (HGS) merged with a loss-making company after selling its profitable healthcare division to avoid paying taxes
Fire incident at Tata Power's Trombay plant; no injuries, damage reported. Tata Power on Tuesday reported about a fire incident at its Trombay plant in Maharashtra. The cause of the fire is currently under investigation, and no injuries or loss of life have been reported, the company said in an exchange filing. "...there was a fi
NMDC's best results as iron ore output up 10% in FY24; sales rise 16%: CMD. NMDC posted "best-ever yearly performance" in FY24 with iron ore production rising 10 per cent to cross 45 million tonnes and sales going up 16 per cent to touch 44.48 million tonnes mark, the company's CMD Amitava Mukherjee said on Tuesday. The nation has
Diljit Dosanjh concert ticket row: Zomato Live serves notice on Viagogo. BookMyShow files police complaint
Workers paid 1.8x of average industry salary in Sriperumbudur: Samsung. Striking workers demanding hike to Rs 36,000/mth over three years
India, US should aim to enhance agricultural productivity: ITC official. India and the US should aim to enhance agricultural productivity, improve food distribution system, and ensure the usage of sustainable practices to strengthen ties in the agri sector, a senior ITC official said. Both countries should leverage their respec
NBCC moves SC to complete stalled projects of realty major Supertech Ltd. The state-owned NBCC on Tuesday moved the Supreme Court seeking to develop and complete embattled realty major Supertech Limited's 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. These 17 projects were la
SC rejects Amit Goenka's plea against KPMG as auditor in Shirpur Gold case. The bench consisting of Justice Hrishikesh Roy said they found no infirmity with the Bombay High Court order of August 14, which had dismissed Goenka's plea
Warburg Pincus exits Cartrade Tech; sells 8.64% stake for Rs 375 crore. Highdell Investment, an entity owned by US-based private equity major Warburg Pincus, on Tuesday divested its entire 8.64 per cent stake in Cartrade Tech for a little over Rs 375 crore via an open market transaction. Cartrade Tech is one of India's largest
NCLAT directs Vadilal Enterprises, Vadilal Int'l to keep boards status quo. The appellate tribunal NCLAT has directed Vadilal Enterprises and Vadilal International to maintain the status quo of the structure of their boards until further orders. Passing an interim order, a two-member NCLAT bench said it has already listed the appe
BSNL's market share gain from lower tariffs unlikely to impact Airtel, Jio. Analysts believe market share gains by Reliance Jio and Bharti Airtel will continue
Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD. Analysts believe market share gains by Reliance Jio and Bharti Airtel will continue
Pepsales raises .1 million in a round led by Chiratae Ventures. The firm said it is targeting the global enterprise application software market, which has an estimated annual sales and marketing expense exceeding 0 billion
TVS Holdings, 2 others get CCI clearance to buy stakes in Home Credit India. The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of stakes in Home Credit India Finance by TVS Holdings, STPL, Premji Invest Group as well as other related transactions. The deal includes acquisition of 80.74 per cent,
India hub driving global AI innovation; new campus plans on track: SAP Labs. SAP labs India, the biggest R&D hub for German software maker SAP outside its headquarters, is sharply focused on driving global AI innovations from here, managing director Sindhu Gangadharan said adding that plans for opening a new, sprawling campus in Be
Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses. Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 9 lakh on BGR Energy Systems for disclosure lapses to the stock exchanges and flouting other market norms. The order came after the Securities and Exchange Board of India (Sebi) conducted an
Visa processing platform Atlys raises million in Series B funding. The fresh capital will fuel Atlys' expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally
Delaware Supreme Court rules Byju's defaulted on .5 bn loan to US lenders. Order allows lenders to take control of edtech company's assets in the United States
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