NSE share market NEWS tomorrow (22 March, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 March 2024
Indus Towers was amongst the top gainers, currently trading at 271.30 in NSE with 3.541 times change in volumes and 8.433% change in price. Other gainers included Ireda 8 with 4.998% price change and 1.161 times volumes, Computer Age with 4.955% price change and 5.269 times volumes, Prestige Estates with 4.944% price change and 0.829 times volumes, and Solar Industries with 4.756% price change and 1.577 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.
Ltimindtree was amongst the top losers, currently trading at 5005.00 in NSE with 2.263 times change in volumes and -3.002% change in price. Other losers included Infosys with -2.949% price change and 1.326 times volumes, Coforge with -2.92% price change and 1.782 times volumes, Persistent Systems with -2.845% price change and 1.892 times volumes, and Wipro with -2.668% price change and 2.46 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.
DGCA fines Air India Rs 80 lakh for flight duty time management violations. Air India was fined Rs 80 lakh two months after the DGCA conducted a spot audit of Air India Limited in the month of January in order to check regulatory compliance
SC sets aside order directing Bloomberg to take down defamatory article. The Supreme Court on Friday set aside a trial court's order directing international media group Bloomberg to take down an allegedly defamatory news article against Zee Entertainment. The top court was hearing a plea filed by Bloomberg against the March 14
FSIB selects Girija Subramanian as CMD of New India Assurance Company. Bhupesh Sushil Rahul selected as CMD of United India Insurance Company
Wipro promotes 31 staff to senior roles after top-level exodus: Report. The promotions, seen by industry watchers as a move to stem senior-level attrition, came after a series of high-profile exits at the country's No.4 software services exporter
Edtech major Byju's says now 262 tuition centres operate across India. The edtech firm says focus on quality with efficiency helps most centres turn profitable
Bharti Airtel, subsidiary donated Rs 234 cr to BJP via electoral bonds. Bharti Airtel and its subsidiary Bharti Telemedia bought around Rs 235 crore of electoral bonds and donated all but about Rs 1 crore to the ruling BJP, according to data released by the Election Commission. Bharti Airtel donated nearly Rs 197.5 crore to BJ
SpiceJet cleared all outstanding dues: Credit Suisse tells Supreme Court. Credit Suisse and SpiceJet have been entangled in a legal conflict since 2015 over outstanding debts of approximately million
Fortis Healthcare subsidiary receives a tax demand of Rs 89.53 crore. Fortis Healthcare Ltd on Friday said one of its subsidiaries has received a tax demand of Rs 89.53 crore, including interest for the assessment year 2022-23. Fortis Hospitals Ltd, a material subsidiary of the company has received an Income tax assessment o
Uno Minda partners with Starcharge Energy to manufacture, sell EV chargers. Auto components maker Uno Minda on Friday said it has tied up with Starcharge Energy to manufacture and sell electric vehicle supply equipment in the country. The company has entered into a technical license agreement with Starcharge Energy Pte for wall-mo
Dr Reddy's, Pharmazz ink licence pact to commercialise resuscitative agent. With this agreement, India will become the first global territory where Centhaquin (Lyfaquin) is being launched immediately, according to the company
JSW Energy arm signs pact with Rel Power to buy wind project for Rs 132 cr. JSW Energy's arm JSW Renewable Energy has signed an agreement with Reliance Power to acquire its 45 MW wind power project in Vashpet, Maharashtra, for Rs 132 crore. JSW Renewable Energy (Coated) Limited is a wholly-owned subsidiary of JSW Neo Energy Limite
Novartis eyes sale of listed unit in India, says Global CEO Narasimhan. Narasimhan emphasised that India remains pivotal for talent sourcing and research, despite a shift away from manufacturing
Shree Cement enters ready mix concrete segment with 1st greenfield project. Shree Cement, one of the top three players in the segment, on Friday announced entry into the ready mix concrete (RMC) segment with the commissioning of its first greenfield in Hyderabad. The new RMC plant has a capacity of 90 cubic metres per hour and wou
Fintech startup Yenmo secures 0,000 investment from Y Combinator. Yenmo offers a full-stack API (application programming interface) solution for other companies to integrate loans against mutual funds into their products
Hemendra Kothari's DSP group to enter NBFC space, awaits RBI approval. Kothari is chairman of DSP Asset Managers, an asset management company (AMC) with a wide range of active and passive funds managed across the risk-reward spectrum
BJP biggest beneficiary of Aurobindo Pharma's Rs 52 cr electoral bonds. Aurobindo Pharma, one of whose directors was arrested in the Delhi liquor scam, had bought electoral bonds for a total of Rs 52 crore with more than half of it going to the Bharatiya Janata Party, according to data released by the Election Commission. The
Welspun Corp's unit, Saudi Aramco scrap million steel pipe contract. Welspun did not disclose the reason for the cancellation of the contract, but said it would not affect its operating plans
Myntra obtains India franchise rights for UK's fashion brand NEXT. E-commerce platform Myntra on Friday said it has bagged franchise rights for UK's fashion brand NEXT for the country. Myntra has signed a franchise agreement with UK's fashion brand NEXT to this effect. The association allows Myntra Jabong Pvt. Ltd, Myntra
41 companies facing probe by central agencies in electoral bond list. Forty-one companies facing probe by the CBI, ED and the I-T Department gave Rs 2,471 crore to the BJP through electoral bonds, and Rs 1,698 crore of it was donated after raids by these agencies, civil society activists who challenged the poll funding schem
IndiGo exploring purchase of widebody aircraft to counter Air India. IndiGo has repeatedly toyed with the idea of introducing long-haul services to tap the growing pool of affluent Indians flying further afield to places such as the UK and Europe
Govt rejects Hindustan Zinc's plans to split company into different units. Vedanta has a 64.9% stake in Hindustan Zinc
Budget carrier IndiGo forecasts slowdown in capacity growth next year. The carrier aims to add more than one aircraft to its fleet every week next year. As of Feb 29, it operated 366 planes, and had a further 960 on order
NMDC exploring lithium assets, conducting negotiations in Africa, Australia. Additionally, NMDC is seeking lithium blocks from the Indian government on a nomination basis
'Next big playground for AI': Samsung taps into Indian 'tech-savvy' market. Samsung's newly launched store, 'Samsung BKC' at Jio World Plaza in Mumbai, is welcoming consumers to experience 'One Samsung' - a concept aimed at promoting its latest AI innovations
Bajaj Auto working on CNG bike, to hit road in June: MD Rajiv Bajaj. Bajaj Auto is developing a portfolio of clean fuel CNG motorcycles, and the first such bike will hit the market in June, Bajaj Auto Managing Director Rajiv Bajaj said here on Friday. The bike will run on CNG and would hit the roads in June, he said while a
Accenture's guidance cut likely to weigh on Indian IT sector: Analysts. Companies likely heading to a slow start in FY25 as clients hold on to spending, they say
Bajaj Group commits Rs 5,000 cr for social initiatives under 'Bajaj Beyond'. Unveils Bajaj Beyond - Group's new identity for all CSR and charitable programmes
Zomato CEO Goyal marries Mexican model-turned entrepreneur Grecia Munoz. Zomato founder and CEO Deepinder Goyal, who recently made headlines over the launch of a 'Veg Only' service catering to vegetarians, has tied the knot for the second time with Mexican model-turned entrepreneur Grecia Munoz, sources said. Goyal, 41, was pre
Airtel, Vodafone Idea announce additional data, discounts for IPL season. For all prepaid customers, Airtel has reduced the price of its existing unlimited data pack plans from Rs. 49 to Rs. 29
TVS Holdings to raise up to Rs 650 crore through NCDs next fiscal. Auto component firm TVS Holdings on Thursday said its board has approved a proposal to raise up to Rs 650 crore next fiscal through non-convertible debentures. The company's board also declared an interim dividend of Rs 94 per share of Rs 5 each, absorbing
Tata Sons offloads TCS shares worth over Rs 9,300 crore via open market. Tata Sons has offloaded shares worth around Rs 9,300 crore in IT major Tata Consultancy Services through open market route, a regulatory filing said on Thursday. According to the filing, Tata Sons has sold 234 lakh shares amounting to 0.65 per cent stake i
Projects pipeline in place to add billion to topline, says Vedanta. Mining conglomerate Vedanta Ltd has a pipeline of more than 50 active projects and expansions to drive growth, which is expected to generate incremental revenue of over USD 6 billion and incremental USD 2.5-3 billion of annual EBITDA upon completion, a top
Jindal Steel & Power takes on ops at Venezuela's largest iron-ore mill. Jindal officials are carrying out inspections at iron-ore plants of CVG Ferrominera Orinoco, according to two people familiar with the process, who asked not to be named as information isn't public
Minority shareholders file suit against promoters of Jindal Poly Films. Minority shareholders of Jindal Poly Films have initiated a class action suit against the management and promoters of the company before the National Company Law Tribunal (NCLT) alleging loss due to their actions. The petitioners, which collectively hold a
Patanjali MD Balkrishna submits apology to SC in misleading ads case. The court had earlier said that Ramdev and Balkrishna were in violation of Section 3 and 4 of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954
Cashfree Payments launches product solution to cut fraudulent transactions. Cashfree's 'RiskShield' enables customers to add limits on the frequency and cumulative sum of transactions that an individual customer is permitted to pay on a periodic basis
DoT imposes Rs 4 lakh fine on Airtel for violation of verification norms. The Department of Telecom has imposed a penalty of around Rs 4 lakh on Bharti Airtel for violation of subscriber verification norms in Delhi and Bihar circles. According to a regulatory filing by Bharti Airtel, the Department of Telecommunications, Delhi c
Amber group, Resojet form JV to enter washing machine manufacturing biz. Amber group, a homegrown contract manufacturer for HVAC and consumer electronics, on Thursday said it has formed a 50 per cent JV with Resojet, a Radiant Group Company, for manufacturing fully automatic washing machines. This will help Amber group expand i
Investors oppose Byju's March 29th EGM, NCLT denies any immediate relief. A group of aggrieved investors have opposed an extraordinary general meeting on March 29, called by Think and Learn, owner of Byju's brand, before company tribunal NCLT, Bangalore but failed to get any immediate relief, according to sources. Byju's has cal
Star Sports witnesses a 24% increase in IPL build-up programming. Star Sports will launch a special feed for hearing-impaired and visually-impaired fans
Flipkart gives 100% bonus to employees and merit-linked payouts. The number of employees receiving increments this year will be higher than last year, according to the sources
Paytm UPI: Transaction decline to continue till new customers are added. Paytm PB had a 15 per cent market share on UPI transactions, after PhonePe and Google Pay.
Prestige Estates Projects buys 62.5 acres in Ghaziabad to build township. Realty firm Prestige Estates Projects Ltd on Thursday said it has acquired 62.5 acres at Indirapuram Extension in Delhi-NCR to develop a township that has a revenue potential of Rs 10,000 crore. The company said the acquisition cost is Rs 468 crore and inc
Defunct SVB Group to sell Indian subsidiary to First Citizens Bancshares. SVB Financial Group is currently seeking approval from a bankruptcy court, with a hearing scheduled for April 9. The company anticipates that the transaction will close after this hearing
Burmans ask Care Health to cancel Rs 350 cr ESOP given to Religare's Saluja. Dabur owners, the Burman family, has increased their stake in Religare to 25.18%, which allows them to block special resolutions at Religare
Misleading ads case: Patanjali MD Acharya Balkrishna submits apology to SC. In an affidavit submitted to the Supreme Court, Balkrishna apologised for the misleading ads and claimed that the intention of the company was to solely promote Ayurveda
RBI declines request to classify HDFC Ltd bonds as infrastructure bonds. HDFC bank had sought the RBI's approval to classify bonds with maturities between 7-10 years, worth around Rs 1.2 trillion, as infrastructure bonds
HDFC Bank completes Rs 9,553 cr stake sale in education unit HDFC Credila. Central bank had asked private lender to reduce its shareholding in HDFC Credila
Shapoorji Pallonji Group seeks up to .4 bn from lenders to refinance debt. The group, controlled by Indian billionaire Shapoor Mistry, has reached out to Power Finance for up to Rs 15,000 crore, the largest chunk in the planned fundraising, the people said
M&M, Adani Total Energies join to set up EV charging infra across India. Mahindra & Mahindra on Thursday said it has tied up with a unit of Adani Total Gas to establish electric vehicle charging infrastructure across the country. The auto major and Adani Total Energies E-Mobility Ltd (ATEL) have inked a memorandum of understa
Volkswagen to begin electrification journey later this year with ID.4. German automaker Volkswagen will kick off its electrification journey in India with the launch of its electric car ID.4 later this year as part of its global efforts of mass electrification, a senior company official said on Thursday. The company, which un
Schneider Electric to invest Rs 3,200 crore to make India manufacturing hub. Energy management and automation major Schneider Electric said it will invest Rs 3,200 crore by 2026 to make India its manufacturing hub for domestic sales as well as exports. Under the plan, Schneider Electric on Thursday inaugurated a facility with Rs 10
Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur. Apart from the engines, the factory will also manufacture low to zero-emission technology products
TCS signs 7-year deal to transform IT infrastructure for Denmark's Ramboll. TCS will provide services to manage Ramboll's Cloud and data centres, application development, maintenance
Naveen Jindal takes charge as president of the Indian Steel Association. Naveen Jindal has been unanimously elected as the president of ISA by the apex committee, the governing body of Indian Steel Association
Schneider Electric invests Rs 100 cr in new cooling factory in Bengaluru. Eighty-five per cent of the products manufactured in this factory will be exported, significantly catering to the data centre segment, as well as to buildings, industry, and infrastructure
Volkswagen targets 2-3 times faster growth than Indian PV industry in 2024. The firm's India brand director, Ashish Gupta said Virtus itself is growing in its segment (sub-compact sedan) and its rising sales will also assist the company in reaching the 15% growth target
Kia India to increase prices of vehicles by up to 3% from April 1. Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Se
Accenture fans IT industry spending gloom with annual forecast cut. Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%
Aster DM's deal to separate India and GCC businesses nears completion. In November 2023, Aster DM had received corporate approvals to separate its India and Gulf Cooperation Council (GCC) businesses into two distinct and standalone entities
Income Tax dept imposes Rs 103.63 crore penalty on Tata Chemicals. Income Tax Department has imposed a penalty of Rs 103.63 crore on Tata Chemicals for violation related to disallowance of interest. In a regulatory filing on Thursday, Tata Chemicals said it has received an order from National Faceless Assessment Centre, I
Ultrahuman raises mn to accelerate growth, research in health space. By collating a large set of biomarkers on an integrated platform across a range of products, Ultrahuman is able to create a grand unified view of the human body
MeraDoc partners with MakeMyTrip to offer real-time medical services. HealthTech startup and India's fastest-growing online medical services company Meradoc has entered into a strategic partnership with travel booking MakeMyTrip to offer a bouquet of healthcare services on the go for the latter's subscribers across the count
IVI commences tech transfer of oral cholera vaccine to Biological E. The tech transfer will be completed by 2025 and the vaccine will be manufactured for India and international markets by Biological E
Reorganisation to simplify market strategy, services: Deloitte India. Changes in Deloitte India's structure to align with changes in other countries
India will have an upper hand in AI: PM Modi at Startup Mahakumbh. The prime minister Modi said that he is making use of AI technology for his election campaign
YouTube to roll out disclosure labels for videos created using GenAI. The platform, however, won't require creators to disclose content that is 'clearly' unrealistic, animated, includes special effects, or has used generative AI for production assistance
NCLAT directs 11 PSBs to not take action against IL&FS till next hearing. The National Company Law Appellate Tribunal (NCLAT) has directed 11 public sector lenders not to take coercive action against IL&FS and its group companies till its next hearing on May 14. A two-member NCLAT bench headed by Chairperson Justice Ashok Bhusha
Himadri Speciality Chemical to acquire 40% stake in Invati Creations. Himadri will have two nominee directors on the board of Invati Creations Private Limited
CCI denies interim order restricting Google from charging its service fee. Google had argued that restricting it from charging a fee in the interim would virtually mean that the tech giant would have to provide its Playstore for free to developers in India
Boeing 737 MAX deliveries on track as Akasa goes international: CEO Dubey. Akasa's current fleet includes 24 Boeing aircraft of the total 226 it has on order which are expected to be delivered over 8 years. Dube declined to give a year-wise breakup
Zomato rolls back green colour from veg fleet, all riders to wear red. Responding to backlash, on Tuesday night, Goyal clarified that the pure veg fleet 'doesn't serve or alienate any religious, or political preference.'
Sebi to issue corrigendum on summons issued to Zee founder Subhash Chandra. The market regulator's statement comes in a response to the petition filed by Chandra alleging that the summons issued by Sebi is effectively a show cause notice and contains "conclusive" allegations
Local chip design firms can cater to e2Ws worldwide: Cadence's India MD. He points out, moreover, that there are two clearly different markets in the semiconductor sweepstakes
Pocket FM's valuation crosses 0 mn, bags 3 mn in Series D funding. The audio platform secures 3 mn in Series D funding. Funds to drive global growth, enhance content library, and advance Gen AI
Will roll back 'Pure Veg mode' in case of negative result: Zomato CEO. After facing a backlash online from a section of people over the launch of the "Pure Veg Mode" service, Zomato CEO Deepinder Goyal on Tuesday said the food delivery platform will "roll it back in a heartbeat" in case there is a negative social repercussion
'All riders wear red': Zomato drops green colour from pure veg fleet. Within a day of announcing its new 'pure veg fleet', Zomato received media backlash with customers raising concerns over driver safety and misidentification of delivery partners in red uniforms
BPCL signs 4-month US oil purchase deal with BP, delivery to begin in June. The Indian refiner has also separately bought 2 million barrels of WTI crude for loading in April via a spot tender, the sources said
Nabard projects Rs 2,43,093 crore credit potential for Bihar in 2024-25. The National Bank for Agriculture and Rural Development (NABARD) has projected Rs 2,43,093 crore credit potential for Bihar in 2024-25. The likely estimate has been made taking into account the Reserve Bank of India's priority sector-based guidelines, Cent
Zomato axes colour-coded veg fleet day after launch amid row: Explained. Zomato had earlier announced an exclusive "pure veg mode" and "pure veg fleet" for its vegetarian customers but scrapped the colour-based fleet plan after a social media backlash
DeepMind, Inflection AI to Microsoft AI CEO: Who is Mustafa Suleyman. Mustafa Suleyman has co-founded two AI firms, a global social impact company, and established a mental health support helpline. Here is everything you need to know about Microsoft AI's next CEO
Deloitte's 'biggest reorganisation in decade' to simplify business: Report. Accounting and consultancy giant's main business units will be trimmed to four from five
Liquidnitro Games raises .25mn in seed round led by Nexus Venture. Hyderabad-based company will use money to build studio, invest in technology, strengthen production pipelines
JSW Group-MG Motor venture aims to sell 1 million EVs in India by 2030. The joint venture aims to sell one million units of passenger electric vehicles in India by 2030 when the total market is expected to be 10 million units annually
Radisson Group appoints Nikhil Sharma as MD, to take charge from April 1. Radisson Hotel Group on Wednesday announced the appointment of Nikhil Sharma as the Managing Director and Area Senior Vice President for South Asia, effective April 1. In his new role, Sharma will lead Radisson Hotel Group's operations in the dynamic South
TCS sets up Pace Port in London to promote business, tech collaboration. Seventh such international facility the Indian IT services company has set up
JSW Group interested in acquiring critical mineral blocks: Chairman Jindal. Steel to Infrastructure JSW Group is interested in participating in auction of critical minerals, its Chairman Sajjan Jindal said on Wednesday. Jindal, who made the remarks at an event in Mumbai, said the move will help in backward integration of the group
RBI approves re-designation of Manian, Ekambaram of Kotak Mahindra Bank. Kotak Mahindra Bank had announced the reorganisation of its senior management team last month
Snap Inc bets on India's young population to spur growth for Snapchat. In India, Snapchat boasts of a 200 million strong user base. A recent YouGov survey revealed that in Bengaluru, 85 per cent of Snapchatters use the app daily
Mahanagar Gas legally challenges infrastructure exclusivity expiry notice. City-gas distributor to apply for a 10-year extension to continue its infrastructure exclusivity in Mumbai
L&T Technology Services to train 1,000 engineers in Nvidia's GenAI software. LTTS attended the Nvidia GTC global AI conference and revealed its plans to upskill its engineers in software such as Nvidia AI Enterprise, including Nvidia NeMo, Nvidia NIM
Wipro appoints Anne-Marie Rowland as CEO of Capco effective April 1. As CEO, Rowland will report to Delaporte and will become a member of Wipro's Executive Committee
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