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NSE share market NEWS tomorrow (10 April, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (10 April, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 April 2024

Vedanta was amongst the top gainers, currently trading at 361.80 in NSE with 2.363 times change in volumes and 7.041% change in price. Other gainers included Hindustan Petroleum with 6.233% price change and 3.927 times volumes, Nmdc with 5.746% price change and 3.152 times volumes, Container Corporation with 5.009% price change and 4.106 times volumes, and Petronet Lng with 4.835% price change and 5.297 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.

Abb Power was amongst the top losers, currently trading at 7493.10 in NSE with 0.422 times change in volumes and -3.158% change in price. Other losers included Inox Wind with -3.095% price change and 0.506 times volumes, Amber Enterprises with -2.49% price change and 0.76 times volumes, Info Edge with -2.351% price change and 0.403 times volumes, and Uno Minda with -2.311% price change and 0.506 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.

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

Energised by possibilities ahead of Wipro in era of tech progress: CEO. Wipro's new CEO Srinivas Pallia said he is energised by possibilities before the company and the industry, in a new era fuelled by rapid technological progress. Wipro's top boss -- who took over the baton from Thierry Delaporte at the USD 11 billion IT ser

Ola Cabs shuts down international ventures, shifts focus to Indian market. The future of mobility is electric - not just in personal mobility but also for the ride-hailing business, and there is immense opportunity for expansion in India, said the statement

Two entities sell 4.9% stake in Gland Pharma for Rs 1,411 cr via open mkt. Two entities -- Lakumi Trust and Nicomac Machinery -- on Tuesday divested a 4.9 per cent stake in Gland Pharma for Rs 1,411 crore through open market transactions. Lakumi Trust and Nicomac Machinery Pvt Ltd disposed of 81.20 lakh shares of Gland Pharma in

Govt extends consultations for digital competition Bill till 15 May. The government has extended the deadline for submitting stakeholder comments on the draft digital competition bill by one month to May 15. It has also extended the deadline for submission of comments by stakeholders on the report of Committee on Digital Co

MNRE extends deadline for R&D proposals under green hydrogen mission. The New & Renewable Energy Ministry has extended the deadline until April 27 for the submission of research and development proposals under the National Green Hydrogen Mission, a release said on Tuesday. The ministry on March 16, 2024, invited R&D proposal

Battleground 2024: Next govt to pursue reforms agenda, says Citigroup. Citigroup said simple consolidation of Opposition votes is unlikely to significantly affect electoral outcomes for BJP given its dominant vote share in 2019

As Vistara scales down operations, fares rise by up to 25% on major routes. While Vistara has not specified the duration of the capacity cut, it will likely remain in effect until at least the end of April, keeping fares high on affected routes during this period

Godrej Properties clocks record sales bookings in FY24 at over Rs 22,500 cr. Realty firm Godrej Properties on Tuesday reported a 84 per cent increase in sales booking to a record Rs 22,500 crore in the last financial year, on higher volumes amid strong consumer demand for residential properties. Godrej Properties has surpassed the

'Pleased to inform': Byju's begins salary payout after delay of 2 months. Byju's said that despite its efforts, the company is yet to secure approval to access the funds from the rights issue

Hinduja Group firm gets Sebi nod for Reliance Wealth ownership change. Market regulator also approves application for a proposed change in control at Reliance Securities

Natco Pharma receives warning letter from USFDA for Telangana plant. Natco Pharma on Tuesday said it has received a warning letter from the US health regulator for its Telangana-based manufacturing plant. The US Food and Drug Administration (USFDA) had issued eight observations under Form 483 after inspecting the company's

'Main goal complete with foundational elements', says outgoing Wipro CEO. IT company is seen as a 'transformation partner' by clients and is set for growth, says Thierry Delaporte in farewell email

A-I takes cognizance of fabric issues flagged in new cabin crew uniforms. Air India has received feedback on the new cabin crew uniforms, including about fabric issues, and will soon start their production for all the cabin crew after taking into consideration the inputs, according to people in the know. In December, the Tata Gr

Maruti Suzuki expands Manesar plant's capacity by 100K units per annum. Maruti Suzuki India on Tuesday said it has expanded the production capacity of its Manesar facility by one lakh units per annum. The auto major has added a vehicle assembly line to the existing Plant-A of the three manufacturing plants functioning at Manes

Investor funding in edtech driving unwarranted behaviour: Byju's Aakash CEO. Investors' funding in the edtech space is driving an unwarranted behaviour which is not good for the industry, Byju's Aakash Education Services Ltd (AESL) Managing Director and CEO Deepak Mehrotra has said. Speaking to PTI, Mehrotra also said that digital

Bain Capital raises 9 mn with Axis Bank stake sale; sells 33.4 mn shares. Bain sold 33.4 million shares in the block trade, according to a term sheet reviewed by Reuters

Merck India appoints Dhananjay Singh as MD of its Life Science unit. Over the years, Singh has taken on several leadership roles in commercial organisations such as Sigma-Aldrich and Merck India

Adani Green in talks to raise 0 mn in offshore loan for upcoming project. The foreign currency loan could range from seven to ten years, with the pricing likely linked to the Secured Overnight Financing Rate, said the people, who asked not to be named

Ajmera Realty & Infra's FY24 sales booking rises 21% to Rs 1,017 crore. Ajmera Realty & Infra India Ltd on Tuesday reported a 21 per cent annual growth in its sales booking to Rs 1,017 crore during the last financial year, helped by strong housing demand. Its sales booking stood at Rs 842 crore in the year-ago period. In a reg

RIL-Disney propels Q1 M&A activity to nearly two-year high: Report. The USD 8.5 billion merger between Reliance and Disney helped the overall deal activity in the March quarter of 2024 reach a nearly two-year high, a report said on Tuesday. The overall number of transactions, including mergers and acquisitions and private

Ola cabs pulls the plug on international business amid 'rising competition'. The company has begun notifying users about the impending closure, with operations in Australia scheduled to halt from April 12

ICICI Lombard ties up with Policybazaar to offer insurance products. The partnership will significantly augment insurance distribution, ensuring that comprehensive coverage reaches every corner of the nation through the convenience of a seamless digital platform

Swiggy gets another valuation hike to over .7 billion from Invesco. Invesco's previous fair value of Swiggy stood at around .3 billion at the end of January this year

RBI launches manufacturing cos survey, a key input for policy formulation. The Reserve Bank has launched the next round of quarterly order books, inventories and capacity utilisation survey of manufacturing companies, a key input for the monetary policy formulation. The 65th round of survey is for the reference period January-Mar

Paytm PB's MD, CEO Surinder Chawla resigns on account of personal reasons. Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. "Sur

HDFC Credila raises 0 million via ECB route for loan book expansion. Education loans-focused lender HDFC Credila Financial Services on Tuesday said it has raised USD 100 million in external commercial borrowing (ECB). DBS Bank's IFSC banking unit in Gujarat International Finance Tec-City (GIFT City) said in a statement tha

Jio adds 3.59 million users, corners 40% of market share in February. The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months

Watches are not investments, comparing to stocks risky, says Rolex CEO. Rolex is the biggest Swiss watch brand and dominates the industry with an estimated 30% market share. Known for its Datejust, Daytona and Submariner models

BharatPe rejigs senior management of payment, lending unit verticals. Fintech firm BharatPe is learnt to have rejigged senior management of its payment and lending unit verticals, according to sources. The company has elevated its banking and alliance Chief Business Officer Sandeep Indurkar as CEO of payment vertical -- Resi

Hitachi Vantara invests about Rs 1.67 cr to install data storage solutions. Japanese firm Hitachi's subsidiary Hitachi Vantara on Monday said it has invested over USD 200,000 (about Rs 1.67 crore) as part of a programme to install new data storage solutions at its several Indian clients' sites. Under the product showcase programme

Go First insolvency resolution gets a 60-day extension from NCLT. Go First filed for voluntary insolvency on May 2, 2023, under Section 10 of IBC, and on May 10, the NCLT admitted Go First's insolvency plea

RBI imposes curbs on Shirpur Coop Bank over declining financial position. The Reserve Bank of India (RBI) on Monday imposed several restrictions on Maharashtra-based Shirpur Merchants' Co-operative Bank, including withdrawal of funds by customers, in the wake of the lender's deteriorating financial position. In a statement, the

NIIT appoints Pankaj Prabhakar Jathar as new CEO with effect from July 1. NIIT Ltd on Monday announced the appointment of Pankaj Prabhakar Jathar as its new Chief Executive Officer. The appointment shall be with effect from July 1, 2024, the company said in a regulatory filing. Jathar replaces Sapnesh Lalla who will continue to

Wipro CEO Pallia has challenging tasks cut out in reviving firm's fortunes. Wipro's new CEO Srinivas Pallia, who took over the reins from Thierry Delaporte, has challenging tasks cut out in reviving the company's fortunes, retaining key leaders and restoring morale as he faces tough quarters, weak global cues and discerning shareh

Blackstone to take Apartment Income REIT private in billion deal. Blackstone also plans to invest another 0 million to improve the REIT's 76 rental housing communities, which are located in primarily coastal markets, the company said

Boat suffers data breach: Personal data of 7.5 mn users leaked on dark web. The threat actor has put out around 2 Gigabytes of personally identifiable information (PII) of boAt users on dark web forums, claimed the reports

Edtech firm Aakash Educational Services appoints Deepak Mehrotra as CEO. The appointment of Deepak Mehrotra is part of AESL's strategic vision to enhance its offerings and expand its reach, the company said

Spirit Airlines to defer Airbus deliveries, layoff 260 pilots to save cash. A snag with Pratt & Whitney Geared Turbofan (GTF) engines has forced Spirit to ground some of its A320neo aircraft, pinching the company at a time when it is already grappling with a cash crunch

Air India, BIAL sign agreement to develop Bengaluru airport as hub. According to Cirium, the Bengaluru airport presently manages approximately 5,145 flights per week. Tata-run airlines operate 1,538 of these flights weekly to and from Bengaluru airport

BMW Group India begins Q1 2024 with 51% sales growth to 3,680 units. Luxury Class cars also performed well, with a 152 per cent growth for BMW. Models like the 7 Series, X7, and the new XM played a key role in this achievement

At Rs 3.55 trillion, REC clocks highest ever loan sanctions in FY24. The NBFC, which has widened its scope beyond pure play power sector, now lends to green energy, infrastructure, and new age energy transition projects as well

Air India gets feedback on new cabin crew uniforms, including fabric issues. Air India has received feedback on the new cabin crew uniforms, including about fabric issues, and will soon start their production for all the cabin crew after taking into consideration the inputs, according to people in the know. In December, the Tata Gr

Bain Capital to sell stake worth 1 million in Axis Bank, says report. The private equity firm, which first purchased shares in the bank in November 2017, will exit its entire holding with Tuesday's stake sale, a source familiar with the matter told Reuters

Gamers, youth will drive growth for Dell this fiscal: Consumer biz head. Global technology major Dell Technologies is banking on gamers and college and school-going youth to drive its business this year, according to a senior company official. While launching new laptop models across XPS, Alienware and Inspiron portfolio, Dell

Private equity firm Bain Capital to sell remaining Axis Bank holding. The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share

JSW One Platforms appoints Ranjan Pai as independent director on its board. JSW One Platforms on Monday announced the appointment of Ranjan Pai as independent director on its board. The company is the e-commerce venture of the USD 23 billion JSW Group. It operates B2B tech-enabled marketplace JSW One MSME, to service the building

Investor funding in edtech drives unwarranted behaviour: Byju's Aakash CEO. Investors' funding in the edtech space is driving an unwarranted behaviour which is not good for the industry, Byju's Aakash Education Services Limited (AESL) Managing Director and CEO Deepak Mehrotra said on Monday. Speaking to PTI, Mehrotra also said tha

Hyundai, Kia tie up with Exide for electric vehicle battery localisation. The two auto majors plan to focus on the production of lithium iron phosphate cells. This will make them pioneers in the space

Biocon leads India's push into anti-obesity drugs as patents lapse. The company, helmed by Kiran Mazumdar Shaw, is leading the charge among Indian drugmakers - the world's largest supplier of generic medicines - as they race to grab a slice of the obesity drugs market

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