NSE share market NEWS tomorrow (12 April, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 April, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 April 2024
Hindustan Zinc was amongst the top gainers, currently trading at 431.95 in NSE with 1.522 times change in volumes and 7.638% change in price. Other gainers included Central Depo with 6.697% price change and 4.887 times volumes, Nuvama Wealth with 5.223% price change and 2.613 times volumes, Kei Industries with 5.028% price change and 3.845 times volumes, and Sona Blw with 4.342% price change and 3.797 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.
Pb Fintech was amongst the top losers, currently trading at 1264.15 in NSE with 0.881 times change in volumes and -5.065% change in price. Other losers included Prestige Estates with -4.622% price change and 3.696 times volumes, Piramal Pharma with -4.376% price change and 0.55 times volumes, Page Industries with -4.219% price change and 1.25 times volumes, and Sun Pharmaceuticals with -3.993% price change and 4.281 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.
TCS headcount declines for first time in 19 years; hits campus route. Total employee base now remains at 601,546
Revolut gets RBI nod to issue Prepaid Payment Instruments in India. Revolut India on Friday said it has received an in-principle authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) including prepaid cards and prepaid wallets in the country. This enables it to operate as a domestic
Unilever faces new risk as India's consumers turn pickier, more demanding. India's personal-care sector is estimated to become a billion market by 2027 from billion in 2022, according to Redseer Management Consulting Pvt
Bharti Hexacom set to start trading after country's biggest IPO in a year. Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago
Vodafone Idea to launch country's largest .16 bn follow-on public offer. The public offering will open for bids on April 18 and close on April 22
Troubles for Indian IT firms linger as clients tighten their budgets. Accenture Plc lowered its revenue outlook last month, citing a pullback in software spending by Wall Street firms, which are among the Indian companies' biggest clients
TCS accused of firing US workers in favour of Indians on H-1B visa. TCS has faced accusations of favouring H-1B visa holders over American workers, with discrimination claims related to race and age being levelled against the company
Adani Group seeks 0 mn from banks to pay for conversion of warrants. As of March, Adani family had reportedly made an initial payment of Rs 6,661 crore for the conversion of warrants allocated by Ambuja Cements
Air India operationalises five new contact centres to assist customers. Air India has operationalised five new contact centres, including in Cairo and Kuala Lumpur, to provide assistance to its customers worldwide. The Tata Group-owned airline has partnered with Concentrix, a California-headquartered customer engagement firm,
Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm. The move marks the latest in a string of acquisitions by Japan's top banks in India
NCLAT stays insolvency proceedings against Deccan Charters till April 26. The National Company Law Appellate Tribunal (NCLAT) has stayed insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26, 2024, its next date of hearing. Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had
BharatPe co-founder Ashneer Grover ventures into fintech with ZeroPe app. ZeroPe, currently in its testing phase, has been developed by Third Unicorn
TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%. The company announced an interim dividend of Rs 28 per share.
GQG, SBI funds eye investments in Vodafone Idea .16 billion share sale. US-based GQG, run by India-born executive Rajiv Jain, plans to invest about 0 million, while SBI Mutual Fund is considering an investment of 0 million to 0 million
Godfrey Phillips to sell 24Seven business, plans to exit from retail sector. Cigarette maker Godfrey Phillips India on Friday said it has decided to exit from its loss-making retail business 24Seven. The board of the company in a meeting held on Friday "decided to exit from carrying out the business operations of its Retail Busines
Indian fintech startup funding surges 59% in Q1 CY2024: Tracxn report. India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said
TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%. India, UK drive IT company's growth in the quarters as US business continues to be subdued
DLF plans to invest Rs 2,200 crore to build shopping mall in Gurugram. Realty major DLF has started construction of its new 26-27 lakh square feet shopping mall in Gurugram at a cost of around Rs 2,200 crore as part of its expansion plan amid rebound in retail consumption post-COVID pandemic. At present, DLF has a retail foot
Healthcare solution provider Enhanced Innovations launches 'Pholoton'. A portable cold chain solution for last-mile vaccine delivery
Swiggy launches 'Swiggy Pawlice' initiative for finding missing pets. The on-demand convenience platform's Swiggy Pawlice feature empowers pet parents to report a missing pet directly on the Swiggy app
Adani Group targets one-fifth share in Indian cement market by FY28. Gautam Adani-led Adani group, which owns Ambuja Cements and ACC Ltd, is targeting to capture around one-fifth of the Indian cement market by FY28. Adani Cement business will implement its accelerated capex program through internal accruals and the business
IL&FS to monetise its entire stake in DND flyover connecting Delhi to Noida. IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Ltd (NTBCL), which owns and maintains DND flyover connecting Delhi to Noida. IL&FS has decided to monetise this marquee DND flyover, which was built in 2001, as one
CNH's India technology centre to be the largest by the end of CY24. The centre, which has a headcount of 700, will touch 1,000 by the end of CY24
TVS SCS announces supplying 500,000 two-wheeler CKD kits to TVS Motor. Work completed in modern warehouse in Hosur to ensure defect-free dispatches, says supply chain company
Tata Motors and Shell partner to expand EV charging network in India. This collaboration is expected to address the challenge of limited charging infrastructure, which is a major hurdle for the wider adoption of electric vehicles in India
Generative AI boom will be built on AWS, says Amazon CEO Andy Jassy. Jassy has focused the company's investments on a few big initiatives such as building data centers to help fuel the artificial intelligence boom
Mundra Petrochemicals places chlor-alkali project order with Nuberg. Nuberg company executives said the project was awarded in March this year and will be completed over the course of the next 15 months
RBL Bank appoints Murali Ramakrishnan as independent director for 4 years. Earlier, Ramakrishnan served as the Managing Director & Chief Executive Officer of South Indian Bank
Alphabet heads toward trn valuation with investors cheering AI progress. The stock is heading back toward what would be a record trillion market value - a milestone surpassed only by Microsoft Corp., Apple Inc. and Nvidia Corp
Tata protests: Steelworkers at UK's plant vote to strike over job losses. Around 1,500 Tata Steel workers based at two plants in Wales voted in favour of industrial action on Thursday over the company's plan to close its blast furnaces and shed 2,800 jobs. The Mumbai-headquartered steel major said it was disappointed over the mo
Adani Green's Khavda power plant world's largest, 5 times the size of Paris. Adani Green Energy Ltd, India's largest renewable energy company, will invest about Rs 1.5 lakh crore to generate 30 megawatts of clean electricity at Khavda in Gujarat's Kutch
Apple plans to overhaul entire Mac Line with AI-focused M4 processors. Apple shares gained more than 2% to 1.20 as of 1:12 p.m. in New York on Thursday. They had been down 13% this year through Wednesday's close
DMRC not required to pay Rs 8,000 crore to Reliance Infra arm, says SC. The court clarified that the amounts deposited by the DMRC shall be refunded
Retailers threaten to stop sale of OnePlus from May over unaddressed issues. The South India Organised Retailers Association (ORA) on Wednesday threatened to halt the sales of OnePlus products in their establishments from May 1, allegedly due to unresolved concerns with the company. In a letter addressed to Ranjeet Singh, Sales Dir
Infosys, Intel join hands to accelerate enterprise growth with Gen AI. Indian IT services company Infosys and chip giant Intel on Wednesday announced expansion of their strategic collaboration to assist global enterprises in accelerating their AI journeys. The advanced artificial intelligence (AI) solutions offered as a part
NCLAT shuns insolvency plea against Parsvnath Landmark Developers. The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea filed by four unit buyers of Parsvnath Landmark Developers to initiate insolvency proceedings against the subsidiary of Parsvnath Developer. The appellate tribunal upheld the orders
Uniqlo operator Fast Retailing's Q2 profit climbs 7.2% at 1.80 mn. Fast Retailing left its full-year operating profit forecast unchanged at 450 billion yen
Worst is behind us; operations have stabilised, says Vistara CEO Kannan. After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the "worst is behind us" and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down ca
SBI refuses to disclose details of electoral bonds under RTI Act. The State Bank of India (SBI) has refused to disclose under the RTI Act the details of the electoral bonds furnished to the Election Commission (EC), claiming that it is personal information held in a fiduciary capacity, even though the records are in the
Vistara working on flight plans beyond May 24, worst is over: CEO. 'Challenging start to new financial year', says Vinod Kannan after airline had to cancel 150 flights between March 31 and April 4
Garden of Joy raises Rs 84 lakh in seed round led by Inflection Point. Landscaping startup will use the money to expand in six cities in South India, develop technology
Apple drops term 'state-sponsored' attacks from threat notification policy. Apple's removal of the term "state-sponsored" from its description of threat notifications comes after it repeatedly faced pressure from the Indian government on linking such breaches to state actors
Tata Passenger Electric, Shell India partner for EV charging stations. Tata Passenger Electric Mobility on Thursday said it has tied up with Shell India Markets to collaborate in establishing public charging stations across India. The collaboration will leverage Shell's widespread fuel station network and Tata Passenger Elect
Edelweiss Alternatives completes acquisition of L&T IDPL for Rs 6,000 cr. Edelweiss Alternatives on Thursday announced that it has completed the Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines. The deal to buy LTIPDL, a joint venture whe
Swiggy introduces 'Paw-ternity Policy', extending support to pet parents. Swiggy has rolled out the 'Paw-ternity Policy' that allows employees with pets time off and other benefits to care for their pets
Godrej Properties targets Rs 25,000 cr sales bookings in FY25: Chairman. Enthused by record sales bookings of Rs 22,500 crore last fiscal on strong housing demand, Godrej Properties Ltd Executive Chairman Pirojsha Godrej said the company would like to see some growth even on a high base and aim to achieve Rs 25,000 crore pre-sa
Nike pins hopes on Olympic Games in Paris to win back market share. Nike spotlighted its 'Air' cushioning technology, used in everything from marathon shoes to sneakers, and its knit materials that make shoes lighter
Instagram begins blurring nudity in messages to fight sexual extortion. Instagram said it's deploying new new tools to protect young people and combat sexual extortion, including a feature that will automatically blur nudity in direct messages. The social media platform said in a blog post Thursday that it's testing out the ne
Nearly 1 in 2 luxury cars sold in India in January-March was a Mercedes. Overall luxury car sales have grown 14% in first three months of 2024
Bank of Baroda hikes lending rates by 5 basis points across three tenures. The one-year MCLR has risen to 8.85%, while the six-month and three-month MCLR rates have been increased to 8.65% and 8.45%, respectively
Wipro appoints Malay Joshi as CEO for 'Americas 1' strategic market unit. Joshi is a company veteran who joined Wipro in 1996 and has had an extensive career spanning over 28 years in various leadership roles across functions, industries, and geographies
ReNew constructs 1.94 GW of renewable energy assets, hits 10 GW in capacity. Clean energy firm ReNew on Wednesday said it has completed construction of 1.94 GW of renewable assets in FY24, taking its total capacity to 10 GW. Accounting for assets sold, the company's revenue generating capacity stands at 9.52 GW as on March 31, 2024
SC rejects 'unconditional and unqualified apology' by Patanjali Ayurved MD. The apex court says it does not want to be "so generous"
No action against Subhash Chandra on summons till April 30: Sebi to HC. The court had earlier given Sebi two weeks to file its reply. The bench led by Justice G.S. Kulkarni and Justice Firdosh Pooniwala on Wednesday directed Chandra to file a rejoinder in the matter
India benefiting from growing interest from multinationals, says UN. India is benefiting from growing interest from multinationals, which see it as an alternative manufacturing base in the context of developed economies' supply chain diversification strategies, a flagship report by the UN has said, underlining that investme
Info Edge-backed Funstop Games clocks 5 mn+ downloads for Ram Mandir game. The Shri Ram Mandir Game is a casual game that enables users to manage and build their own Ram Mandir in a 3D simulation environment
Swiggy deliveres 6 million plates of Biryani this Ramzan, up by 15%. Cities such as Mumbai, Hyderabad, Kolkata, Lucknow, Bhopal, and Meerut saw a drastic increase in orders placed for Iftar sweet dishes, including Malpua, Dates, and Phirni during Ramzan
Zoho announces manufacturing power tools under its new venture 'Karuvi'. Zoho is the parent company of well-known technology brands, including ManageEngine, Zoho.com, TrainerCentral, and Qntrl
Summer airfares on major domestic routes increase by 13%, shows data. However, the data also shows that summer airfares on key routes such as Delhi-Leh and Delhi-Kolkata have significantly decreased due to the introduction of new flights
Bandhan Bank MD Ghosh asks staff not to worry over his resignation. When asked if there will be an interim CEO, he said the board will take necessary steps in the first week of July
MaxPetZ to use 3D printing for reconstructive surgeries in veterinary field. Speaking on the subject, Leena Dalal, senior veterinary surgeon and oncologist MaxPetZ said that this would be the first time in India that 3D Printing is being used to treat animals
Legal fairness prevails: Calcutta HC restrains HUL's 'Glow & Handsome' mark. Emami and HUL have been embroiled in a legal battle over the use of the 'Glow & Handsome' mark for four years
Cornerstone Ventures launches second fund worth 0 mn for B2B startups. Through the fund, investments will be made across stages, with a focus on early growth stage VC bets
Tesla & Reliance may join hands for EV manufacturing plant in India: Report. Tesla has earmarked billion for its forthcoming endeavours in India and has been scouting various locations, including Gujarat and Maharashtra, as potential sites for the plant
India fastest growing market, 25% growth expected in 2024-26: Bridgestone. Japanese tyre major Bridgestone expects to clock 25 per cent growth in revenue between 2024 and 2026 in India, which is its fastest-growing market globally, according to senior company officials. The company, which on Wednesday launched its 'Turanza 6i' pr
Signature Global net debt up 6% in FY24 to Rs 1,160 cr on land acquisitions. Realty firm Signature Global's net debt increased by 6 per cent last fiscal to Rs 1,160 crore due to land acquisitions for the development of housing projects. According to the latest operational update, the company's net debt stood at Rs 1,160 crore at th
Maruti Suzuki applies for Bharat-NCAP safety ratings for some vehicles. Maruti Suzuki has applied for Bharat New Car Assessment Programme (Bharat-NCAP) safety ratings for some of its vehicles, a senior government official has said. Last year, Tata Motors' SUVs Safari and Harrier became the first recipients of the safety rating
Digital infra solutions company iBUS raises 0 mn from govt's NIIF. Firm says it will use the funding to strengthen its market position and expand in new sectors
Beware of deepfake of CEO recommending stocks, says National Stock Exchange. The exchange said its officials are not authorised to recommend or deal in any stocks
Tech Mahindra, Microsoft announce unified workbench for analytics platform. The collaboration will help organisations to adopt Microsoft Fabric and create complex data workflows with simple-to-use interface
Vodafone Idea to launch FPO next week, seeks to raise Rs 18,000-20,000 cr. Vodafone Idea has enlisted Jefferies, SBI Caps, and Axis Capital as lead managers for the FPO
Tata Motors-owned JLR India sales rise 81% at 4,436 units in FY24. Tata Motors-owned Jaguar Land Rover (JLR) on Wednesday reported an 81 per cent jump at 4,436 units in its retail sales in India in the fiscal ended March 31, 2024. The year-on-year growth of 81 per cent represents one of the best performances in the market
Maruti Suzuki raises price of select cars, Swift hiked by up to Rs 25,000. Maruti Suzuki India on Wednesday said it has hiked the price of its hatchback Swift by up to Rs 25,000 along with an increase on a select variant of SUV Grand Vitara. The prices of Swift have been raised by up to Rs 25,000, Maruti Suzuki India said in a re
DCM Shriram gets Rs 100 cr sustainable finance from Standard Chartered Bank. DCM Shriram Ltd on Wednesday said it has secured Rs 100 crore sustainable finance from the Standard Chartered Bank to fund the upcoming compressed bio-gas plant in Uttar Pradesh. The compressed bio-gas plant with 12 tonne per day capacity at the Ajbapur Su
HDFC Bank opens branch in Kavaratti island, 1st private lender to do so. Largest private sector lender HDFC Bank on Wednesday inaugurated a branch in Lakshadweep's Kavaratti island. The bank becomes the first private sector lender to have a presence in Lakshadweep, according to a statement. The bank seeks to serve customers whe
Anil Ambani's Reliance Infra says SC imposed no liability on company. Anil Ambani's Reliance Infrastructure Ltd on Wednesday said no liability has been imposed on it by the Supreme Court order that set aside a Rs 8,000-crore arbitral award that was granted in favour of Delhi Airport Metro Express Pvt Ltd (DAMEPL). Setting as
Air India plans to send narrow body A320 pilots on deputation to Vistara. Tata Group-owned Air India is planning to send a set of first officers who can operate the narrow body A320 family planes to Vistara, which is grappling with pilot woes, according to multiple sources. The pilots will be send to Vistara on deputation, subje
HC accepts Reliance Ent's assurance, clears Amar Singh Chamkila's release. Delhi High Court approved Reliance Entertainment's undertaking that it will share 50 per cent of its profits from the upcoming Netflix film 'Amar Singh Chamkila' with T-Series
Thomas Cook launches 'helicopter darshan' to Adi Kailash, Om Parvat. Targeting the surge in demand for spiritual tourism, Thomas Cook India and its group firm SOTC Travel have partnered with the Uttarakhand Tourism Development Board to offer aerial darshans to Adi Kailash and Om Parvat, the company announced on Wednesday. T
BBC splits operations in India, forms indigenous news company after surveys. The BBC announced that it was forming an independent, Indian-owned company called the 'Collective Newsroom' that will produce content for the BBC's six regional channels
Elon Musk to meet PM Modi, visit India to disclose investment plans: Report. Musk and Modi last met in New York in June, and Tesla for months lobbied India to lower import taxes on electric vehicles while it weighed up a factory there
NCLAT upholds insolvency case on Tulip Hotels over default of guarantees. The National Company Law Appellate Tribunal (NCLAT) has upheld the insolvency proceedings against Tulip Hotels, which had defaulted on Rs 450 crore corporate guarantees given for Cox & Kings and EzeeGo One Travel & Tours each. On May 16, 2023, the Mumbai b
BYD got €3.4 bn in aid from Chinese govt to dominate EVs, finds study. Aid for China's leading EV maker jumped from €220 million in 2020 to €2.1 billion only two years later, Germany's Kiel Institute for the World Economy said Wednesday
Air India to start Delhi-Ho Chi Minh City in Vietnam flights from June 1. Air India will start direct flights from the national capital to Ho Chi Minh City in Vietnam from June 1. The airline will use A320 neo aircraft with a two-class configuration to operate the flights five days a week -- Mondays, Wednesdays, Fridays, Saturda
IndiGo pips Southwest to become world's 3rd most valuable airline by mcap. IndiGo's share price jumped by 4.73 per cent to Rs 3,806 on Wednesday, thereby elevating its market capitalisation to .605 billion
Intel's on a mission to bring AI everywhere, says CEO Pat Gelsinger. Intel's latest Gaudi 3 processors are expected to improve AI compute performance by four times, compared to its predecessor
Sharad Sanghi's Neysa raises mn in seed funding led by Matrix Partners. Neysa is the second entrepreneurial stint of Sharad Sanghi, considered to be pioneer of the Indian cloud computing space
Hinduja Group enters MF space as IIHL picks up 60% in Invesco AMC. Inks deal with US' Invesco to form JV; IndusInd to hold 60% stake
Maruti Suzuki adds new line, to boost manufacturing capacity by 4.5%. India's largest carmaker operates three manufacturing plants across the country
Metastable Materials plans to expand high-yield battery recycling capacity. Founded in October 2021, the company's current manufacturing facility, located in Bangalore, holds a capacity to extract 5 tonnes of materials per day
Blue Star expects 25% growth in sales of residential AC in June quarter. Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per cent growth in sales of residential AC in the June quarter, the period which accounts for the highest number of sales due to the temperature rise and heat wave. The company
Paytm PB MD & CEO Surinder Chawla resigns due to personal reasons. Chawla was appointed as managing director and CEO of Paytm Payments Bank in January 2023 after it received a nod from RBI
AIESL union threatens strike on April 23 over salary, promotion issues. New service agreement unfairly treats permanent vs FTE staff with disparity in notice period and benefits
HDFC Credila raises 0 million via ECB to diversify funding resources. HDFC Credila, an erstwhile subsidiary of HDFC Limited (now HDFC Bank), focuses on the education loans business
Invesco marks up IPO-bound Swiggy's valuation by 19% to .7 billion. A series of mark-ups push the company's valuation closer to its rival Zomato
Ramdev, Balkrishna file 'unconditional' apology in Patanjali ad case. The court had also slammed the Central government and asked why it chose to keep its eyes shut when Patanjali claimed that allopathy medicine offered no protection against Covid-19
Microsoft to invest .9 billon to expand AI, cloud infra in Japan. The investment - the company's largest in the 46 years of its operations in the country - will also go towards skilling three million people in AI and setting up a Microsoft Research Asia lab in Tokyo
Air India's aircraft technicians planning strike amid mounting woes. Its staff are upset over lack of career advancement opportunities because they haven't been promoted in the past seven years, according to the letter
Musashi appoints Naoya Nishimura as CEO for India and Africa region. Previously, Naoya Nishimura was the global Chief Research & Development Officer at Musashi
24,000 Nm torque, 300 kWh battery: Tresa Motors unveils V0.2 electric truck. Tresa Motors designed the V0.2 with Indian road conditions in mind. The company says the truck is a durable and reliable solution for eco-friendly logistics, particularly e-commerce
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