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NSE share market NEWS tomorrow (17 September, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (17 September, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 17 September 2024

Kaynes Technology was amongst the top gainers, currently trading at 5559.25 in NSE with 1.546 times change in volumes and 4.709% change in price. Other gainers included Varun Beverages with 4.605% price change and 1.25 times volumes, Prestige Estates with 4.496% price change and 3.476 times volumes, Max Healthcare with 3.62% price change and 2 times volumes, and Hero Motocorp with 3.145% price change and 3.754 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.

Biocon was amongst the top losers, currently trading at 375.85 in NSE with 1.318 times change in volumes and -3.924% change in price. Other losers included Suzlon Energy with -3.188% price change and 0.898 times volumes, Hindustan Aeronautics with -3.02% price change and 3.753 times volumes, Jsw Energy with -2.987% price change and 1.595 times volumes, and Syngene Internatio with -2.942% price change and 0.557 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.

ArcelorMittal's India joint venture seeks duty-free LNG imports: Report. India, the world's second biggest crude steel producer, levies a 2.5 per cent basic customs duty and an additional 0.25 per cent social welfare tax on LNG

Lenovo begins AI server production in India, opens R&D lab in Bengaluru. The PC maker's production plant will be based in Puducherry, which will manufacture 50,000 enterprise AI servers and 2,400 high-end GPU units annually

LIC pares its holding in DCM Shriram Industries by over 2% to 4.66%. Life Insurance Corporation (LIC) on Tuesday said it has pared its stake in DCM Shriram Industries by more than 2 per cent to 4.66 per cent over a period of about three years. In a regulatory filing, LIC said there is a net decrease of 2.016 per cent in its

Redcliffe Labs raises mn in Series C funding to expand across India. The diagnostics service provider will use the funds to open more labs and collection centres, along with an expansion of its home collection network

Tata Sons rules out IPO plans despite push from shareholder SP group. Holding co prepays Rs 21,813 crore debt in FY 2024 to declassify itself as NBFC upper layer

Infosys enters collaboration with UK's Metro Bank to digitalise operations. Indian IT major Infosys on Tuesday said it has entered into a long-term collaboration with British community bank Metro Bank to digitise the bank's operations. The collaboration will utilise Infosys Topaz, the firm's AI-first offerings, to enhance Metro B

IRB InVIT to raise Rs 2,667 crore via term loans to refinance existing debt. Post refinancing, roads SPVs to be free of external debt

Tata Power to invest up to bn to expand renewable energy capacity. Tata Power, which currently has 5 GW renewable energy capacity in large projects, will add another 5 GW capacity in the next one to two years and expand that to more than 20 GW by 2030

SpiceJet's Rs 3,000 cr issue commences, floor price set at Rs 64.79 a share. SpiceJet has set a floor price of Rs 64.79 per share for the sale of securities to qualified institutional buyers through which the budget carrier aims to raise up to Rs 3,000 crore. Last week, shareholders approved a proposal to raise up to Rs 3,000 crore

Jupiter Wagons to invest Rs 2,500 crore for production capacity expansion. JWL also informed that it has changed the name of its unit Bonatrans India Private to Jupiter Tatravagonka Railwheel Factory

'Amazon Biz customer base up at annual 111% rate in 6 yrs, 65% via phones'. Customer base of Amazon Business has expanded at a compounded annual growth rate of 111 per cent in the country in the last six years, a top company official said on Tuesday. Director of Amazon Business Mitranjan Bhaduri told reporters here that 65 per cen

Not paid GST, TDS, and PF dues of Rs 427 crore since 2020: SpiceJet. Legal experts told Business Standard that evasion of GST is a serious offence since it is a tax already collected from the customer but not paid

Glas Trust moves Supreme Court against Byju's resolution professional. A committee of creditors (CoC) is a group of lenders who make decisions about an insolvent company or borrower in the insolvency resolution process

Meesho's annual festival sale from Sep 27, sees 42% rise in seller base. Softbank-backed e-commerce firm Meesho will start its annual festival sale, Meesho Mega Blockbuster Sale, from September 27 onwards with the highest number of sellers onboard among its competitors, the company said on Tuesday. The company has recorded abou

Air India to completely upgrade 27 old A320neo aeroplanes by mid-2025. "Legacy" planes have been part of Air India's fleet before the Tata Group, after privatisation, took control of the airline in January 2022

Boeing, union negotiators to resume talks as striking workers dig in. The top negotiators at Boeing and the International Association of Machinists and Aerospace Workers (IAM) will meet with federal mediators in Seattle on Tuesday for preliminary talks, as per reports

Network18 Media & Investments gets 3 months extension for convening AGM. Network18 Media & Investments, which owns Reliance Industries' media assets, has received a three-month extension for convening its Annual General Meeting for FY24. The Registrar of Companies (RoC) on Tuesday granted its approval for extension of time for

Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition. Both companies have undercut the previous lowest price in the category, which stood at Rs 1,10,000

IBBI chief asks insolvency professionals to be transparent to improve bids. IBBI Chairperson Ravi Mital on Tuesday asked insolvency professionals to be as transparent as possible during the resolution process as that will help in improving the bids and reduce haircuts. Speaking at a conference organised by the Indian Institute of

IndiQube introduces 'IndiQube Canvas', office interiors experience centre. The centre is a state-of-the-art facility on Outer Ring Road (ORR) that is set to redefine how businesses envision and design their office spaces

Torrent Power bags Maharashtra's 1,500 MW pumped hydro storage project. Torrent Power on Tuesday said it has bagged a 1,500 MW pumped hydro storage project (PSP) from Maharashtra State Electricity Distribution Co. Ltd. Torrent Power Ltd has emerged as a successful bidder and has received Letter of Intent (LOI) from Maharashtra

Govt gives nod to NPCIL-NTPC JV for building nuclear plants in Rajasthan. The government has approved a joint venture between NPCIL and NTPC to build four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The Department of Atomic Energy handed over the document approving the joint venture 'Anushakti Vidyut Nigam Limite

Infra lender REC signs renewable energy agreements worth .4 billion. REC is targetting to take its renewables loan book to over Rs 3 trillion by 2030, expanding the share of renewables to 30 per cent from 8 per cent currently

DGCA investigates IndiGo tail strike incident, derosters flight crew. Aviation watchdog DGCA is probing the incident of tail strike involving an IndiGo aircraft on September 9 and the flight crew has been derostered, a senior official said on Tuesday. In a statement, IndiGo said its A321 aircraft was grounded in Bangalore du

Capgemini opens Esop plan to 97% employees, including 175k staff in India. This is the eleventh edition of the IT major's employee share ownership plan after the previous one from 2019 is set to expire at the end of the year

Table Space buys office space in Bengaluru for about Rs 500 crore. Table Space, which provides flexible workspace to corporates, has bought 5 lakh sq ft office space in Bengaluru for around Rs 500 crore to expand its business amid rising demand. According to sources, the company has acquired 5 lakh square feet office spac

Fewer iPhones, bigger bucks: Apple outsells Samsung in India revenue. In the first half of 2024, Apple shipped 4.8 million iPhones in India, generating .56 billion, while Samsung shipped 9.8 million units but earned .43 billion, trailing Apple by .13 billion

PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale. PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment

Avaada Group plans to invest Rs 5,000 cr in Madhya Pradesh's energy sector. Avaada Group focuses on the development of large-scale projects for solar modules, renewable energy production, green hydrogen

Gaurs Group plans IPO in next 18 months to tap growth potential: CMD. Realty firm Gaurs Group is planning to launch its Initial Public Offering ( IPO) in the next 18 months as it looks to expand business amid strong consumer demand, its CMD Manoj Gaur said on Tuesday. Byoued by the successful launch of its luxury housing pro

Rapido to convert Delhi bike-taxis to all-electric fleet by next year. This transition could potentially position Rapido as a pioneer in the bike-taxi industry, especially as rivals like Ola and Uber explore eco-friendly alternatives

Wipro announces 8% salary hikes for top performing employees in 2024. Wipro's salary this year improves upon the average 6% hike given to top performers at the IT firm last year

Tata Motors, JLR to make EVs in India for the world: Chandrasekaran. 'Will bring together cost attitude of Tata Motors with the design and sophistication of JLR'

BSE defers IT services firm Trafiksol's IPO after investors' concern. Company's issue had garnered bids over Rs 10,000 cr; participants approached Sebi alleging irregularities

iBUS Network and Infrastructure receives Rs 280 crore investment from IFC. This investment will bolster iBUS's plans for both domestic and international growth

Samsung employees' protest enters ninth day after 2 rounds of talks fail. Earlier on Monday, the protestors were detained when they entered Kanchipuram. They were later released in the late evening. A case was filed against more than 100 employees

Lenovo to build AI servers in India as nation's tech push deepens. The company said Tuesday it has started making the large, powerful computers in Pondicherry

JBM secures 0 million funding from ADB, AIIB to expand e-bus operations. JBM currently operates over 1,500 electric buses across 10 states and more than 15 major airports in India

Indo National divests its entire 51% stake in Kineco for Rs 220 crore. Indo National Ltd, the manufacturer of consumer electrical products and dry cell batteries under brand Nippo, on Tuesday, announced to divest its entire 51 per cent stake in Kineco Ltd, a composites manufacturer, for Rs 220 crore. The Chennai-based manufac

Zydus Lifesciences to acquire Sterling Biotech's API biz for Rs 84 crore. Zydus Lifesciences Ltd on Tuesday said it will acquire the 'Target Business' of Sterling Biotech primarily engaged in manufacturing of fermentation-based active pharmaceutical ingredients products and a production facility at Masa in Gujarat for a pre-agre

Indian entrepreneur sells private arm of UK-based Tails Trading Group. Tails Trading Group, a UK-based supplier of multi-category consumer packaged goods led by an Indian entrepreneur, has announced the sale of its private labelling arm to a large international investor consortium for GBP 395 million. The group's labelling di

EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions. EaseMyTrip has acquired a 30% stake in Rollins International for Rs 60 crore and a 49% stake in Pflege Home Healthcare for Rs 30 crore

Fire at data centre likely cause of India-wide outage for Jio users: Report. The website also showed that more than half of the affected users were facing issues related to their mobile network, while others had mobile internet and broadband-related complaints

Swiggy launches Project Next to offer career growth for delivery partners. By transitioning qualified delivery partners into the role of sales executives, Project Next aims to enhance restaurant expansion across over 150 growing markets

Air India launches 0 million upgrade to transform flying experience. Air India overhaul: The revamp comes as the airline ramps up its international operations amid stiff competition from global carriers

Blackstone real estate's Bill Stein retiring after almost 30 years. Stein, a senior managing director, was involved in signature Blackstone holdings including Hilton Worldwide, casino resort Cosmopolitan of Las Vegas and single-family home landlord Invitation Homes

Mahindra expands LCV range with product based on multi-energy platform. Mahindra & Mahindra on Monday expanded its light commercial vehicle (LCV) range with a new product range based on an all new platform developed at an initial investment of Rs 900 crore. The company has introduced "Veero" light commercial vehicle in the les

HSBC India starts global education payments; direct payments to 600 univ. HSBC India on Monday launched global education payments to enable Indian students and the bank's customers to pay fees directly to more than 600 international universities and colleges. Aiming to simplify the process of foreign currency payment, it provide

Rel Infra to consider raising long-term capital; board meeting on Sept 19. The company had previously raised Rs 550 crore by issuing shares on a preferential basis in July 2021

Accel Atoms 4.0 applications for startups focusing 'Bharat', AI open today. Accel Atoms 4.0, the fourth cohort of global venture capital firm Accel's pre-seed scaling programme, is inviting applications starting Monday from promising startups in two categories - those building for Bharat' and those focused on Artificial Intelligen

E-commerce firms Flipkart, Amazon to host flagship sales from September 27. Flipkart has launched 11 new fulfilment centres (FCs) across nine cities in the run-up to TBBD, bringing the total number of FCs in India to 83

EoI floated for Rs 13,000 cr coal gasification project by CIL-Gail JV. An Expression of Interest (EoI) for shortlisting licensors of coal gasification technology for a proposed coal-based synthetic natural gas (SNG) plant in West Bengal was floated by the GAIL and Coal India Limited (CIL) joint venture responsible for promoti

Strides Pharma Science gets USFDA nod for generic antidepressant tablets. Strides Pharma Science Ltd on Monday said its arm has received approval from the US health regulator for its generic version of antidepressant Fluoxetine tablets. The approval granted by the US Food & Drug Administration (USFDA) to wholly owned subsidiary

Water storage breach in Odisha impacts agricultural areas, says Vedanta. Vedanta Aluminium is actively addressing the breach occurred on Sep 15 as extreme weather caused elevated water levels and pressure in the facility's catchment area, a Vedanta spokesperson said

Auto major M&M debuts small commercial vehicle to bridge intracity gap. Priced at Rs 7.99 lakh for the entry-level product, M&M launched the diesel and CNG variants, and an electric version will come in the future

Cobalt serves as a funnel for Infosys' AI-led deals under Topaz platform. Even as the company launched Topaz, its AI-first offering last year, Cobalt has been preparing clients for their next big jump in adopting AI

Adani Energy's Kenya transmission deals still under talks: Report. News of the potential deal comes after Kenya confirmed the India-listed conglomerate is seeking another 30-year concession to run the nation's biggest airport

Govt to set up section 8 firm for startups to strengthen ecosystem: Goyal. Commerce and Industry Minister Piyush Goyal on Monday said a decision has been taken to set up a not-for-profit company under section 8 of the Companies Act to include all initiatives and bodies of Startup India under one roof. Goyal said the company can b

Poly Medicure to deploy Rs 1,000 cr fundraise for capex, future buys. The company is looking at portfolio expansion and increasing the number of products being added each year

Baba Kalyani vs Gaurishankar: Kalyani siblings wage a battle of wills. Gaurishankar Kalyani, the low-profile contender, clashes with elder brother Baba Kalyani over family assets

Startup India should move out of Invest India's ambit, says Piyush Goyal. The minister said that the company can be industry-led, similar to Invest India-a key body that pushes investments

IDBI Caps invites counter bids on NARCL's base bid for Govindraja Mills. The consortium of lenders includes Indian Bank, State Bank of India, DBS Bank, Punjab National Bank, Bank of Maharashtra, Karur Vysya Bank, and City Union Bank apart from Canara Bank

Interest, trust of investors humbling: Sanjiv Bajaj on BHFL listing. Says shareholders should expect a business that grows with high quality and high level of corporate governance

Tata group preparing for the future, says Chairman N Chandrasekaran. Chandra said that as part of the transition, the group companies are offering more online products and embedding artificial intelligence into their internal processes

Microsoft announces Wave 2; AI integrated across all Microsoft 365 products. With these updates, Microsoft is bringing together work, web, and pages. Along with this, Copilot is now part of Excel, PowerPoint, Outlook, and OneDrive

Honda Motorcycle recalls 300-350 cc bikes to replace faulty parts. Honda Motorcycle & Scooter India on Monday said it is recalling certain units of its bike models like CB350 and H'ness CB350 due to issues with wheel speed sensor and camshaft. The company is recalling CB300F, CB300R, CB350, H'ness CB350 and CB350RS, manuf

Police release striking Samsung workers detained for planning protest march. The Samsung protests have cast a shadow on Indian Prime Minister Narendra Modi's plan of courting foreign investors to "Make in India" and tripling electronics production to 0 billion in six year

Oriental Trimex to raise Rs 48.51 crore; rights issue opens Thursday. Oriental Trimex, a processor and trader of natural stones, on Monday announced that the company will raise Rs 48.51 crore through rights issue. The subscription to the rights issue will open on Thursday and conclude on September 27. The company will issue

Reliance Infra board to meet on September 19 for preferential issue. The board of Reliance Infrastructure Ltd will meet on September 19 to consider a preferential issue of shares to raise funds, the firm said in a stock exchange filing on Monday. The company had raised Rs 550 crore in July 2021 by issuing shares on preferen

CPCB notice to BPCL for failing to install vapour recovery systems. The Central Pollution Control Board (CPCB) has issued a show cause notice to Bharat Petroleum Corporation Limited (BPCL) for failing to install vapour recovery systems at 28 of its storage terminals to capture carcinogenic benzene emissions and other volat

Kenya awards .3 bn transmission deal to Adani amid airport lease protests. Kenya has awarded a .3 billion public-private partnership contract to India's Adani Group and Africa50 for the construction of power transmission lines

Torrent Power commits Rs 64,000 crore investment for green projects. Torrent Power on Monday pledged Rs 64,000 crore investment for green or renewable energy projects having employment potential for 26,000 people. Torrent Power Ltd, the integrated power utility of diversified Torrent Group, has reaffirmed its commitment tow

LIC appoints Infosys to build NextGen platform as part of DIVE programme. LIC expects this digital platform to be the foundation for building high-value business applications

Police detain nearly 104 Samsung workers, union leaders for protest march. The detention marks an escalation of a strike by workers at a Samsung home appliance plant near Chennai

JSW MG Motor to foray into accessible luxury segment, sets up new channel. JSW MG Motor India will enter the 'accessible luxury' segment with plans to introduce four new energy vehicles in the next two years for which it is setting up a new retail channel brand, 'MG Select', according to company Chief Growth Officer, Gaurav Gupta

Kalyani family feud spirals with revelation of new will: Details explained. Baba Kalyani and his brother Gaurishankar are embroiled in a legal dispute over their late mother Sulochana's will, intensifying the ongoing battle over the assets with their sister's children

Reliance Retail to transfer FMCG brands to RCPL, plans for major expansion. Reliance Retail will transfer its FMCG brands, including Campa and private labels, to its new arm RCPL to accelerate business expansion with a dedicated focus

Zomato bans AI-generated images from food menus to preserve authenticity. Effective from Monday (September 16), restaurants that fail to comply with the new rule against AI images will be removed from Zomato

JSPL, JRPL sign pact to invest in green hydrogen production in Odisha. The steel producer said on Monday that this represents the largest investment in green hydrogen by any Indian steelmaker

Sri Lanka's JVP vows to cancel Adani wind energy project if elected. The Marxist Janatha Vimukthi Peramuna (JVP) on Monday vowed to cancel the Adani Group's wind power project in Sri Lanka if it gets elected in the presidential election scheduled for the weekend. JVP leader Anura Kumara Dissanayake, the presidential candida

Hinduja group firm to raise Rs 3,000 crore as debentures to fund RCap buy. The zero-coupon debenture issue will open and close on Monday and attract a yield rate of 14.5 per cent

JSW MG to launch 4 luxury cars in 2 years, to be sold through new channel. The first luxury car will be launched in the first quarter of 2025, and the company plans to open 12 MG Select showrooms

Mercedes expands BEV range; rolls out 2nd locally produced model in India. Luxury car maker Mercedes-Benz India on Monday expanded its Battery Electric Vehicle (BEV) range in the country with the launch of the locally produced EQS 580 4MATIC. India is the first country outside the US to start the local production of the seven-sea

Reliance Power bags 500 MW battery energy storage contract through auction. Reliance Power on Monday announced that it has secured a battery storage contract of 500 MW through the e-reverse auction (eRA) conducted by the Solar Energy Corporation of India (SECI). The auction, held on September 11, 2024, is part of SECI's initiative

RPower secures 500 MW storage contract marking entry into renewable energy. Other bidders in the auction included Avaada Energy, ACME Cleantech, Gensol, and Indigrid, with the highest quoted tariff reaching Rs 4.9 lakh per MW per month

Adani Group warns against fake press releases linked to its Kenya projects. The Adani Group on Monday dismissed circulating press releases about its Kenya operations as fraudulent, blaming 'vested interests with malicious intent' for the incident

India gets 6 bn funding for RE target; RIL, Adani pledge commitments. India added slightly more than 18 GW of renewable energy capacity in fiscal 2024, compared with 15.3 GW a year earlier, taking its total to 153 GW

Eros aims Rs 900 cr revenue from new housing project in Greater Noida West. Realty firm Eros Group is expecting around Rs 900 crore revenue from its new housing project in Greater Noida (West) on strong demand for premium residential properties. The company has recently launched its new housing project 'Eros Sampoornam 3' in Great

Axis Bank expands wealth management services across 15 new cities. Axis Bank on Monday said its private banking business Burgundy Private will expand its wealth management services to 15 new cities, increasing its presence to 42 locations across India. With this strategic move, Burgundy Private will now offer its bespoke

Emperium targets Rs 775 cr revenue from Yamunanagar, Gurugram projects. Realty firm Emperium Pvt Ltd will develop a 40-acre township project in Yamunanagar and a housing project in Gurugram over the next three years with an estimated revenue potential of Rs 775 crore. Since its inception, Emperium has delivered 1.7 million squ

Tata Electronics to build two semiconductor manufacturing fabs in Gujarat. Construction Tata Electronics' first chipmaking unit in Gujarat is already underway with its first phase valued at Rs 91,000 crore

Adani, Wilmar likely to start stake sale in joint venture from October. The majority owners of Adani Wilmar are planning to sell a roughly 13 per cent interest in the company - valued at about 6 million

HCLTech tops TIME's World's Best Companies 2024 list among Indian firms. Indian IT firm HCLTech has been named the no.1 India-headquartered company in TIME magazine's World's Best Companies 2024 list. The Noida-headquartered firm has also secured a place in the global top 10 list within the Professional Services category. "This

How Intel lost Sony PlayStation deal worth potential billion revenue. Dispute over profit margins blocked Intel-Sony deal, sources say

Salesforce unveils 'Agentforce' AI agents to enhance employee productivity. The low-code tools in Agentforce enable organisations to easily build and deploy custom agents, said the company

Godrej Consumer MD and CEO Sudhir Sitapati throws weight behind Dhaval Buch. Godrej Consumer Products MD & CEO Sudhir Sitapati has thrown his support behind Dhaval Buch, husband of embattled Sebi Chairperson Madhabi Puri Buch, stating that it could be the side effects of what happens when the worlds of government and the private se

Tata Steel's Kalinganagar expansion to make Odisha top investment site. Tata Steel on Monday said Odisha would emerge as the company's single-largest investment destination after the phase-II expansion of its Kalinganagar plant from 3 million tonnes per annum to 8 mtpa. The steel major has invested Rs 27,000 in phase-II of the

Mercedes-Benz to manufacture EQS SUV 580 in India, first outside the US. Luxury carmakers are focusing on bringing in more models that will be made in India

No power of attorney given to Baba Kalyani by late mother: Kalyani Group. No power of attorney was executed by late S N Kalyani in favour of her son Kalyani Group Chairman, Baba Kalyani, and he has nothing to do with any of the litigations that his mother had initiated during her lifetime, the group said on Monday. Refuting repo

Epsilon Advanced Materials plans Rs 9,000 cr anode facility in K'taka: MD. Battery materials manufacturer Epsilon Advanced Materials is planning to set up a Rs 9,000-crore anode plant in Karnataka with an annual production capacity of 90,000 tonne, a top official of the company said. The investment in the plant would be made in t

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