NSE share market NEWS tomorrow (20 March, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 March 2024
Indus Towers was amongst the top gainers, currently trading at 250.70 in NSE with 0.995 times change in volumes and 5.226% change in price. Other gainers included Cg Power with 4.854% price change and 5.252 times volumes, Angel One with 4.747% price change and 3.362 times volumes, Prestige Estates with 4.428% price change and 0.64 times volumes, and Eicher Motors with 4.217% price change and 5.444 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.
Iifl Holdings was amongst the top losers, currently trading at 336.55 in NSE with 2.521 times change in volumes and -6.371% change in price. Other losers included Jio Fin with -4.472% price change and 1.214 times volumes, Blue Star with -3.529% price change and 3.401 times volumes, Torrent Power with -3.481% price change and 0.678 times volumes, and Indian Bank with -3.304% price change and 1.774 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.
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
GoodEnough Energy to invest Rs 450 cr in 20GWh BESS manufacturing plant. This investment will cover the manufacturing plant's costs, machinery purchases, and infrastructure establishment
Steel majors to invest billions of capital to meet buoyant local demand. A spurt in economic activity and a revamp of broader infrastructure have drawn steel makers from around the world to India, where demand is rising. In Europe and the United States, it is falling
Zomato launches 'pure veg mode' to woo vegetarian customers: All details. Food delivery company Zomato announced the launch of a special feature - 'pure veg mode' - that will include restaurants that only serve veg food
Weakness of Air India supported survival of airlines around India: CEO. Carrier now has the chance to seize market share and turn country into a traveller hub, says CEO Campbell Wilson
Engrail Therapeutics closes oversubscribed 7 million Series B financing. Funding from the Series B round will propel the advancement of the company's pipeline through multiple stages of clinical development
Zoomcar partners with EaseMyTrip to offer integrated travel solutions. Car sharing marketplace Zoomcar and EaseMyTrip on Tuesday announced a partnership allowing users to book self-drive cars on the latter's online travel platform. With this partnership Zoomcar's wide range of self-drive cars has been seamlessly integrated in
Deepinder Goyal launches 'Pure Veg Mode' to woo vegetarian customers. Zomato founder and chief executive officer Deepinder Goyal on Tuesday announced the launch of a 'Pure Veg Mode' along with a 'Pure Veg Fleet'
US graft probe into unrelated third party, says Adani Green Energy. Company added it has no relationship with the third-party and has not received any notice itself
Exim Bank extends mn line of credit to Guyana for aircraft procurement. The Export-Import Bank of India (Exim Bank) on Tuesday announced it has extended a USD 23.37 million (about Rs 194 crore) line of credit to the government of Cooperative Republic of Guyana for the procurement of two aircraft from India for the South Americ
AstraZeneca bets on next-generation cancer therapy with bn Fusion deal. AstraZeneca will pay per Fusion share, a premium of more than 97% to the US-listed company's closing price on Monday
TCS BaNCS selected by Central Bank in US for core technology modernisation. Central Bank manages more than billion in assets, serving more than 150 locations in 78 communities throughout Missouri, Kansas, Illinois, and Oklahoma
PHF Leasing to hire 200 employees over next 2 quarters across sectors. PHF Leasing Ltd, a deposit accepting NBFC, on Tuesday said the company is targeting to hire another 200 people across sectors over the next two quarters, keeping up with its growth plans and new office openings. The Jalandhar-headquartered NBFC has over 40
Madhu Sasidhar appointed as president & CEO of Apollo's hospital division. Prior to joining Apollo, Sasidhar held various roles at Cleveland Clinic, including President of Cleveland Clinic Tradition Hospital
Manappuram Finance to raises Rs 6,000 crore capital through NCDs in FY25. Gold loan financier Manappuram Finance on Tuesday said it has received board approval to issue redeemable non-convertible debentures (NCDs) up to the overall limit of Rs 6,000 crore by way of private placement or public issue in one or more tranches to mee
Tata Motors opens new registered vehicle scrapping facility near Delhi. This new facility follows the success of the company's four existing RVSFs located in Jaipur, Bhubaneswar, Surat, and Chandigarh
Gleneagles Healthcare eyes expansion with strategic acquisitions in India. IHH launches new identity Gleneagles Hospitals replacing Gleneagles Global Hospitals
HCLTech, CAST expand alliance to offer customised semiconductor chips. IT company HCLTech on Tuesday said it has expanded its alliance with semiconductor intellectual property (IP) core provider CAST to provide customised chips and aid enterprises in accelerating their digital transformation. HCLTech said it will enhance desi
SC asks Ramdev, Balkrishna to appear personally in misleading ads case. The summon followed Patanjali Ayurved and Acharya Balkrishna's failure to respond to a contempt notice of the top court
ATC opts to convert Rs 1,440 crore Voda Idea debt bonds into equity. Move to marginally reduce Vi's debt burden, ATC to continue holding Rs. 160 crore Vi OCDs
No global expansion plans, focus on India's growth: Dream11 CEO Harsh Jain. Dream11 is one of three gaming unicorns - companies valued at over billion - in the country, aside from Games24x7 and Mobile Premier League (MPL)
Tata Steel plans to raise up to Rs 2,700 crore capital through debentures. Tata Steel on Tuesday said a board committee has approved raising of up to Rs 2,700 crore through debentures. "The Committee of Directors (constituted by the Board of Directors of Tata Steel Ltd), at its meeting held today i.e., March 19, 2024, considered
Startup Mahakumbh: Fintechs must abide by regulations, say investors. The advice comes at a time when the Reserve Bank of India has cracked its whip to get erring fintech's to comply to the existing rules
UltraTech Cement receives CCI's approval to acquire Kesoram Cement. Fair trade regulator CCI on Tuesday granted approval to UltraTech Cement's proposed acquisition of Kesoram Cement Business from Kesoram Industries. Kesoram Industries is engaged in the manufacture of grey cement through the Kesoram Cement Business. The pro
Aditya Birla Sun Life AMC promoters sell 11.5% stake; shares fall 3.3%. The Aditya Birla Group, which holds 50 per cent stake in the AMC, offloaded 5 per cent, while Sun Life, which has 36.48 per cent, sold 6.47 per cent stake
EV policy to encourage production of premium electric cars: Audi official. The new electric vehicle policy unveiled by the Indian government would encourage local production of premium electric cars in the country, a senior Audi AG executive said on Tuesday. Audi AG Vice-President, Sales Overseas, Andre Konsbruck said the Indian
Evaluating various future options for ice cream business, says HUL. Hindustan Unilever on Tuesday said it is evaluating various options for the future of the ice cream business, following its parent Unilever's announcement of a strategic intent to separate the vertical globally. London-based Unilever announced that it inte
Jio Financial Services invests Rs 40 crore capital in leasing arm JLSL. Jio Financial Services on Tuesday said it has invested Rs 40 crore in its wholly-owned subsidiary Jio Leasing Services Ltd (JLSL) which has been formed for undertaking leasing of movable assets activity. The company on Tuesday subscribed to 4,00,00,000 e
HDFC Bank raises Rs 2,910 cr via infrastructure bonds for funding projects. The issue size was Rs 1,000 crore with a green shoe option of Rs 2,000 crore, debt market sources said. These bonds carry an "AAA" rating from CRISIL
IFCI board okays to raise Rs 500 cr from govt via issuance of equity shares. State-owned IFCI on Tuesday said its board has approved a proposal for raising up to Rs 500 crore capital through the issuance of equity shares to the government. "12,39,77,188 number of Equity Shares will be issued for an amount aggregating up to Rs 500 c
Sun Pharma gets regulatory nod in Australia for acne treatment cream. Sun Pharmaceutical Industries Ltd on Tuesday said the Australian Therapeutic Goods Administration has granted regulatory approval for Winlevi cream indicated for the topical treatment of acne. The approval is for Winlevi (clascoterone cream 1 per cent), wh
Ashok Leyland partners with Minus Zero to develop self-driving trucks. Minus Zero, founded in 2021, is backed by technology venture capital fund Chiratae Ventures among other investors
WeWork India enters Chennai to launch 2,000-seater coworking centre in June. Coworking major WeWork India on Tuesday said it has entered Chennai market and has taken on lease 1.3 lakh square feet of office space in Chennai to open a new centre with a capacity of 2,000 desks. In a statement, Bengaluru-based WeWork India said, it has
Misleading ads case: SC orders Ramdev, Balakrishna to appear in person. Patanjali Ayurved has faced scrutiny from the top court for disseminating misleading advertisements that claim to treat medical conditions, a violation of the Magic Remedies Act, 1954
Bankrupt airline Go First's bidder ups bid following nudge from banks. Go First, which filed for bankruptcy in May last year, received two financial bids as part of its bankruptcy process, the second being Sharjah-based Sky One Airways, Reuters had reported
Sun Pharma gets approval to sell acne treatment cream Winlevi in Australia. Collaboration with Cosmo enables rights for cream in several countries, says company
Grasim Industries secures Rs 1,250 cr from International Finance Corp. The investment by IFC, World Bank's private sector arm, will be in the form of a subscription to non-convertible debentures (NCD) issued by Grasim
Inox subsidiary bags Rs 40 cr order to restore wind turbine generators. Inox Green Energy Services on Tuesday said its subsidiary I-Fox Windtechnik India Pvt Ltd has bagged an order worth Rs 39.5 crore for restoration of 33 wind turbine generators (WTGs) of 1.5MW each from NLC India. The scope of the contract comprises supplie
CAE signs deal with Akasa Air to train budget carrier's B737 Max pilots. Agreement gives Akasa Air 'access to world's best training facilities' for 15 years
Nykaa has huge lead, edge over its competitors: Founder Falguni Nayar. Fashion and beauty retailer Nykaa hopes to actively defend its turf amid competition from Indian conglomerates and new players, as it stacks up strongly with a huge lead and advantage of brand play, customer base and business insights, founder and CEO Falg
Ayodhya on track to become world's biggest spiritual destination: IHCL CEO. Indians travelling because of higher disposable income and priorities have changed: Puneet Chhatwal
GoodEnough Energy to invest Rs 450 cr to set up 20GWh equipment factory. Battery energy storage systems maker GoodEnough Energy will invest Rs 450 crore for setting up a 20 GWh per annum capacity plant in Jammu & Kashmir by 2026. Presently, the company is in the process to make its plant operational by October this year with in
Adani Green denies connection to US investigation involving 'third party'. In a statement filed with exchanges, Adani Green said it has no relationship with the third party and is "thus unable to comment" on the scope of the U.S investigation into the alleged dealings
Co-working firm 315Work Avenue aiming to double portfolio in 18 months. It is in 'advanced discussions' to enter Delhi-NCR and Hyderabad markets
Vodafone Idea to meet institutional investors in Singapore, Mumbai. The telecom operator is looking to raise Rs 45,000 crore through both debt and equity
B Capital closes 0 mn Opportunities Fund II for late-stage startups. Opportunities Fund II will make primary and secondary investments in later-stage companies across B Capital's core sectors: technology, healthcare, and climate tech, focusing on North America and Asia
REC board approves third interim dividend of Rs 4.5 per share for 2023-24. State-owned REC's board on Tuesday approved a third interim dividend of Rs 4.5 per share with face value of Rs 10 each for 2023-24. Earlier, the company has already announced two interim dividends, totalling Rs 6.5 per share for the current fiscal. A regul
IFC purchases Rs 1,250 crore worth sustainability-linked Grasim NCDs. Grasim Industries on Tuesday said the International Finance Corporation (IFC) has subscribed to its first sustainability-linked non-convertible debentures (NCDs) worth Rs 1,250 crore. The NCDs will support the company's investment in paint manufacturing, a
Sobha Reality ties up with UAE's MBRGI, to build university in Dubai. The university aims to diversify higher education options available in Dubai to domestic and international students in undergraduate and postgraduate programmes
Bank of India reduces home loan rates by 15 bps to 8.3% till March 31. Public sector lender Bank of India on Tuesday announced a reduction in new home loan rates to 8.3 per cent from 8.45 per cent and fully waived off processing fees as a limited period offer till the end of this month. The bank claimed that at 8.3 per cent,
Blinkit may become bigger than Zomato's food biz in 1 year: Deepinder Goyal. Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore
Tata Sons to sell 23.4 mn TCS shares worth Rs 9,362 crore in block deal. Over the past year, TCS shares have gained nearly 33 per cent, slightly outperforming the Nifty50 index, which has risen 30 per cent
Clinisys Laboratory Solutions to ramp up India hiring by 50% in 2024. Clinisys holds a leadership position in the clinical laboratory information systems market, with a 19 per cent share of the market
Startups must adhere to self-regulating ecosystem, says Amitabh Kant. Indian startups must adhere to a self-regulating ecosystem to bring in transparency and ethical behaviour, G20 Sherpa Amitabh Kant said on Monday while observing that chasing valuation at all costs sometimes leads to misgovernance. He also said that there
New EV policy to help launch many premium-quality SUVs: VinFast Auto. Vietnam's electric car maker VinFast Auto on Monday said India's new electric vehicle policy that provides import duty concessions for companies setting up manufacturing units in the country with a minimum investment of USD 500 million will allow it to int
Innovating constantly driving next versions of our biz: Zomato CEO Goyal. Zomato CEO Deepinder Goyal on Monday said the company's culture of embracing disruption and being paranoid in order to evolve and stay ahead, is driving innovation in its business. He hinted that in one year's time Blinkit could be bigger than Zomato. Goya
Ather Energy all set to expand its presence in the family scooter segment. The size of the family scooter market is around 4.5-5 million units. We marked our presence in the segment through Ather 450 and now the ambition is to be a strong complete player, said an official
BluSmart to add 4,000 EVs of French carmaker Citroen to its fleet. As part of the initial phase, 125 Citroën ë-C3 electric SUVs were flagged off from BluSmart's EV charging superhub in Bengaluru
IL&FS moves NCLAT, seeks protection for group cos from wilful defaulter tag. The newly appointed board of debt-ridden IL&FS has moved an urgent application before the appellate tribunal NCLAT to restrain 11 public sector lenders from initiating proceedings to declare its group companies as "wilful defaulters". In its petition, IL&F
Women hiring from campuses grew 5% in 2022-23, says HirePro report. There has been a 5 percentage points increase in campus hiring of women in 2022-23, compared to the previous year as companies in India are keen on inclusivity and diversity in the workplace, a report said on Monday. In FY23, 40 per cent of the fresh talen
Stocks of Adani group companies tank on report of US investigation. Analysts termed Monday's fall as a knee jerk reaction and said the group stocks could gain as the conglomerate has got a clean chit vis-a-vis the allegations by Hindenburg Research
Binny Bansal's Three State Ventures invests Rs 207 crore in Curefoods. The funding would help the startup to compete with firms like Rebel Foods, Biryani by Kilo and EatClub
YES Bank partners with Indian Olympic Association for Paris Olympics 2024. The bank also unveiled the 'YES Glory' savings account proposition, extending benefits to athletes and their immediate family members
Tata Steel to stop operations of coke ovens at Port Talbot plant. Coke ovens are manufacturing plants or blast furnaces for making coking coal, a key raw material in steelmaking
Third Wave Coffee CEO Sushant Goel steps down; Rajat Luthra to replace him. Since its inception in 2016, Goel, along with co-founders Ayush Bathwal and Anirudh Sharma, has been successfully able to scale the company to over 100 outlets across India
Birla AMC promoters to sell 11.47% to raise about Rs 1.4K crore. The Aditya Birla Group, which holds a 50 per cent stake in the AMC, will offload 5 per cent, while Sun Life, which has a 36.48 per cent, will sell the remaining 6.47 per cent stake in the OFS
India bright on global players's radar, optimistic on future: Falguni Nayar. India is beeping on the radar of global players with strong drivers like young, aspiring population, rising income levels, and resilient infrastructure and digital networks, Nykaa founder and CEO Falguni Nayar said on Monday, adding she is extremely "optim
Fashion, grocery to capture 2/3rd of e-commerce by 2027: Falguni Nayar. Nayar, speaking at the Startup Mahakumbh in New Delhi on Monday, said that India is currently at a stage similar to where China was 15 years ago
Govt proposes exempting certain M&A deals from CCI approval requirement. The government has proposed exempting intra-group transactions and certain other mergers and acquisitions from the requirement of Competition Commission approval, a move that is likely to help in reducing the regulatory burden on the watchdog. Draft rules
Didn't get notice from US officials regarding bribery probe: Adani Group. The company "states that it has not received any notice from the Department of Justice of US in respect of the allegation referred to in the said article
Aditya Birla Sun Life AMC OFS opens on Tue; fixes floor price of Rs 450 cr. Aditya Birla Sun Life AMC on Monday said its promoters propose to sell 7 per cent of their stake for Rs 900 crore. The promoters, Aditya Birla Capital Ltd and Sun Life (India) AMC Investments Inc, propose to sell up to 2,01,66,293 shares of the company rep
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