NSE share market NEWS tomorrow (14 March, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 March 2024
Ncc was amongst the top gainers, currently trading at 239.75 in NSE with 1.459 times change in volumes and 13.679% change in price. Other gainers included Bond 8 with 12.877% price change and 2.189 times volumes, Yes Bank with 11.933% price change and 1.025 times volumes, Adani Energy with 11.245% price change and 2.131 times volumes, and Solar Industries with 10.871% price change and 1.001 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.
Prestige Estates was amongst the top losers, currently trading at 1071.70 in NSE with 0.648 times change in volumes and -4.568% change in price. Other losers included Iifl Holdings with -3.54% price change and 1.257 times volumes, Kaynes Technology with -2.25% price change and 0.434 times volumes, Rbl Bank with -2.148% price change and 0.903 times volumes, and Axis Bank with -2.05% price change and 0.891 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.
Paytm Payments Bank plans to cut about 20% of staff as business halt looms. Paytm Payments Bank has decided to lay-off staff in certain divisions, including operations, the sources with direct knowledge of the matter said
SpiceJet finalises lease agreement for 10 aircraft to boost capacity. SpiceJet is currently operating about 1,362 flights per week, which is 16 per cent fewer services than a year ago, Cirium's data stated.
Hinduja Tech secures mn investment from private equity fund Creador. Creador is a renowned private equity firm focused on partnering to grow world-class businesses in Southeast Asia and India
Paytm receives third-party application provider licence from NPCI. Axis Bank, HDFC Bank, State Bank of India, and YES Bank will act as Payment System Provider (PSP) banks to Paytm
Indian startups may add trillion to Indian economy by FY30: CII report. Between 2024 and 2035, the country may see 300 new unicorns, the report said
Zee fund diversion case: Chandra suppressed material facts, Sebi tells SAT. The market regulator is investigating the alleged fund diversion by Chandra and his son Punit Goenka, who is also the managing director and chief executive officer of Zee
67% of Indian healthcare companies form ESG boards: EY-CII report. According to the report, 21 per cent of these companies' spending in R&D was dedicated towards environmental and social activities
Ferrovial arm Cintra to acquire 24% stake in IRB Infra Invit from GIC. The trust is an infrastructure investment trust (InvIT), a special investment vehicle in which IRB Infra holds a 51 per cent stake and 49 per cent equity is held by affiliates of GIC
InMobi's lock screen platform Glance targets 1 billion users by end of 2025. The company currently has a global base of over 450 million users, whereas the active users in India are pegged at 235 million
Eris buys India formulation biz of Biocon Biologics for Rs 1,242 crore. The deal would enable Eris' entry into the Rs 30k cr injectables market, and it would become one of major players in the insulins segment with the acquisition of Biocon Biologic's Basalog and Insugen
Startup movement must be driven by domestic financing, says Amitabh Kant. Indian startup movement must be driven by Indian financing and cannot depend on foreign funding, G20 Sherpa Amitabh Kant said on Thursday. While speaking at the CII Unicorn Summit, Kant said the nation needs to create a fund of funds to support young deep
ACC bags Lamatola coking coal block situated in MP on 3rd day of auction. Cement major ACC Ltd bagged the Lamatola coking coal block situated in Madhya Pradesh on Thursday in the ongoing nineth round of auction of commercial coal mines, according to an official release. ACC submitted the final bid offering a premium of 16.75 per
Meta sees big opportunity in gaming industry: MD Sandhya Devanathan. According to a study by GWI, an audience research company 90 per cent of gamers who discover new games on social media, do so through Meta with Reels playing a leading role in discovery
Godrej Properties buys land in Hyderabad for Rs 1,300 cr housing project. This is the company's second land acquisition in Hyderabad, which will take the overall booking value potential added in the city to Rs 4,800 crore
Buyouts help Temasek-backed firm Manipal Health vie for top spot in India. Local news website MoneyControl reported earlier this week that Manipal was in the final leg of discussions to acquire Kolkata-based Medica Synergie, which will bring in 1,200 beds.
Godrej Properties buys 3 acres in Hyderabad for Rs 1,300 cr housing project. Realty firm Godrej Properties Ltd on Thursday said it has bought around 3-acre land in Hyderabad to develop a housing project with an estimated revenue potential of Rs 1,300 crore. Last month, Godrej Properties forayed into the Hyderabad property market by
Paytm parent One97 Communications plans partnership with 4 banks for UPI. UPI payments on the Paytm app will likely redirected to SBI, HDFC Bank, Axis Bank, and Yes Bank for settlement, if Paytm Payments Bank operations cease after March 15
SpiceJet adds 10 aircraft to fleet ahead of busy summer schedule. Low-cost carrier SpiceJet has finalised lease agreements for 10 aircraft to ensure seamless travel during the upcoming summer season
NCLT allows correction in Reliance Capital's 90-day resolution timeline. IndusInd International Holdings (IIHL), representing the Hinduja Group, the chosen applicant for the indebted firm, must execute RCap's resolution plan by May 27
NTPC crosses 400 bn units power generation mark in FY24, eyes green energy. State-owned NTPC on Thursday said its electricity generation has crossed 400 billion units (BU) this fiscal year. In FY23, the company had generated 399.3 BU, a company statement said. According to the statement, till March 13 of FY24, NTPC coal stations r
Aurobindo Pharma to start production of Pen-G at its Andhra plant in Q1FY25. Aurobindo Pharma expects its Rs 2,400 crore Pen-G (penicillin) plant in Andhra Pradesh to start trial production in April and commercial production in a couple of months and ramping up of production will happen during the second quarter of next fiscal, a s
India to create 24 mn tech-savvy manpower for global markets: Foundit CEO. India is set to create 24 million tech-savvy skilled manpower for the global market in the next 3-5 years, according to Sekhar Garisa, CEO of Bengaluru-based Foundit, a job placement platform. Foundit is already working with 90 million registered jobseeker
Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet. BluSmart operates in Delhi NCR and Bangalore using car models such as Tata Tigor EV, MG ZS EV, and BYD E6
TCS announces deal to 'transform' Danish firm Nuuday's IT infrastructure. Multi-million dollar agreement involves Nuuday's IT infrastructure being shifted to Cloud platform of TCS
Qualcomm agreed to create roadmap for developing 6G Labs: Ashwini Vaishnaw. Qualcomm, the largest maker of smartphone processors and the Centre have agreed for a partnership to create a roadmap for developing industrial, automobile, telecom electronics, Union Minister Ashwini Vaishnaw said here on Thursday. The Union Minister of R
5 PSU banks to reduce govt shareholding to meet Sebi's MPS norms: DFS Secy. Five public sector lenders, including Bank of Maharashtra, IOB and UCO Bank are planning to reduce government stake to less than 75 per cent to comply with Sebi's minimum public shareholding (MPS) norms, Financial Services Secretary Vivek Joshi has said. O
Citroen plans to expand network footprint by 400% in India this year. Automaker says it seeks 'aggressive' expansion in the country, announced Rs 2,000 crore investment earlier
KITES Senior Care raises Rs 45 crore from Ranjan Pai's family office fund. Pai recently invested 8 million (Rs 1,400 crore) in edtech firm Byju's test-prep subsidiary AESL and was in discussion to invest about 0 million in Byju's in both equity and debt
Defence PSU BEL bags Rs 1,940 crore contract for advanced EW systems. As part of the deal, BEL will supply 14 "cutting edge" domestically manufactured Electronic Warfare (EW) sensors and systems to L&T
D B Realty raises Rs 920 crore by selling shares to institutional investors. D B Realty on Thursday said it has raised Rs 920 crore by selling shares to institutional investors, including Morgan Stanley Asia, to fund its real estate projects and strengthen balance sheet. The company launched its Qualified Institutional Placement (Q
L&T wins Rs 5,000 crore major onshore gas pipeline project in West Asia. This is the largest cross-country pipeline EPC (Engineering, Procurement, and Construction) project awarded to us to date, said Subramanian Sarma, whole-time director and senior executive vice prez
Tata Motors to submit detailed project report on Tamil Nadu plant soon. Tata Motors and the Tamil Nadu government signed a memorandum of understanding on Wednesday to set up a manufacturing unit in Ranipet near Vellore with an investment of Rs 9,000 crore
Adani Green Energy operationalises 126 MW wind power plant in Gujarat. Adani Green Energy on Thursday said it has operationalised the 126 MW capacity of a 300 MW wind power project in Gujarat. The 174 MW capacity was operationalised earlier. The project will produce 1,091 million electricity units, leading to a reduction of a
After RBI restriction, Fitch puts IIFL Finance on negative rating watch. "The move reflects a downside risk to IIFL Finance's franchise, profitability and overall risk profile if regulatory restrictions on new gold-backed lending are prolonged," Fitch said in a note
Biocon to sell branded formulations biz to Eris Lifesciences for 0 mn. Biocon had earlier sold its dermatology and nephrology branded formulation businesses to Eris for Rs 350 crore in November last year
Delhi airport transshipped over 8,000 MT of Bangladeshi cargo in 1 year. Delhi airport operator DIAL on Thursday said it has transshipped more than 8,000 million tonnes of cargo from Bangladesh to various overseas destinations. "The transshipment facility for Bangladeshi cargo first began on February 26, 2023, paving the way fo
No plans to sell SUUTI stake in FMCG player ITC, says Dipam Secretary. The government has no plans to sell its part stake in ITC, held through SUUTI, amid BAT paring its stake through a block deal in the Kolkata-based FMCG player, a top official said on Wednesday. As on December 31, 2023, Specified Undertaking of Unit Trust
Hyatt Hotels to expand India footprint with 7 new properties in 2024. On the back of this boost in domestic tourism, the company debuted JdV by Hyatt - its ninth brand in the country - in February 2024
Reliance to buy Paramount's entire 13.01% stake in Viacom18 for 7 mn. The transaction is also subject to the completion of Reliance's previously announced merger with Walt Disney for their India TV and streaming media assets
Sanofi India, Emcure Pharma announce exclusive distribution partnership. Collaboration aligns with Sanofi's growth strategy in India, named 'India for India', aims to accelerate growth across its pharmaceuticals, specialty care, consumer healthcare, and vaccines business
Tata Motors to set up manufacturing unit in Tamil Nadu, invest Rs 9,000 cr. Automaker's plan spreads over 5 years, expected to create more than 5,000 jobs
Leo Puri joins Apax India as chairman; advisor on long-term growth strategy. Puri also previously served as the Chairman of JP Morgan Chase for South and Southeast Asia and currently sits on the Boards of Tata Sons, Hindustan Unilever, and Dr. Reddy's
BAT sells 3.5% stake in ITC for Rs 17,485 cr via open market transactions. British multinational BAT Plc on Wednesday divested a 3.5 per cent stake in FMCG-to-hotel conglomerate ITC Ltd for Rs 17,485 crore through open market transactions. British American Tobacco Plc (BAT), through its affiliate Tobacco Manufacturers (India) Ltd
RBI imposes Rs 1.4 crore penalty on Bank of India for non-compliance. The Reserve Bank of India (RBI) on Wednesday said it has imposed a penalty of Rs 1.4 crore on Bank of India for non-compliance with certain regulatory norms. It has also imposed a penalty of Rs 29.55 lakh on private sector lender Bandhan Bank for non-compl
Airtel Africa mulls IPO of its mobile money unit eyes bn in valuation. The firm hasn't decided where to list the unit, though executives are considering bourses in the United Arab Emirates, London and Europe among potential venues, they said
Cairn gave up right to claim interest: Vedanta to appeal against Sebi order. Billionaire Anil Agarwal's Vedanta Ltd on Wednesday said it will appeal against Sebi levying Rs 77.6 crore penalty for delay in paying dividends to its erstwhile shareholder, Cairn Energy, saying the UK firm had given up its right to claim interest when it
80% people feel gig workers will overshadow traditional workforce: Report. With a steady growth in demand for freelancing jobs in the country, a report on Wednesday said that 83 per cent of respondents believe that going forward, the gig workforce will overshadow the traditional workforce. The report by staffing solutions and HR
Entod Pharmaceuticals develops human insulin eye drops to treat corneal eye. Recent research suggests that insulin eye drops can be effective in repairing corneal tissue and treating ocular surface conditions
Short seller attack was to defame India's governance practices: Adani. After the Hindenburg report's release, shares of the Adani group fell sharply but later recovered after the promoters sold shares and prepaid part of their debt
Quick commerce major Zepto introduces Rs 2 platform fee for select users. Swiggy Instamart and Zomato-owned Blinkit currently do not charge a platform fee for their grocery orders
Fino Payments Bank appoints two new independent directors on its board. The Mumbai-based Fino Payments Bank has appointed Anita Sudhir Pai and Neeta Mukerji as additional directors in the capacity of independent directors of the bank
Karnataka HC extends interim protection to Byju Raveendran till March 28. At the February 23 EGM, Byju's investors including Prosus, General Atlantic, and Peak XV voted to remove Byju Raveendran as CEO. However, a Karnataka HC order prevented its implementation
JSW Infrastructure incorporates arm to execute project at JNPT in Maha. JSW Infrastructure on Wednesday said it has incorporated a wholly-owned subsidiary for the execution of a port project at JNPT in Maharashtra. JSW JNPT Liquid Terminal Pvt Ltd has been incorporated on March 13, in Mumbai, according to a regulatory filing.
IIFL Finance planning Rs 1,500 cr rights issue to shore up capital adequacy. Adds two directors on board, rejigs top management
Will create 72,000 jobs through semiconductor plants: Chandrasekaran. The Tata group chairman said that the company's Assam plant will lead to a lot of prosperity and jobs in the state
Tata Electronics bets big on Singapore-based semiconductor co Silicon Box. Silicon Box specialises in chiplet technology which is considered an advance over traditional chip making
India 'big priority' for Decathlon, among top five mkts in world: Official. India is a "big priority" market for Decathlon, and the French sports retailer expects the country to be among its top five global markets within the next five years, helped by expansion of store network and increased local sourcing, according to a top com
Eyeing two-fold growth in 3 yrs, Godrej Locks invests in digital solutions. Godrej Locks and Architectural Fittings and Systems (GLAFS) is aiming to achieve 2-fold growth over the next three years, as it is betting big on digital locks, a segment showing promising trends in both residential and commercial spaces, a senior company
JPMorgan India's ECM head Abhinav to leave, Arvind Vashistha to replace. India has become one of the hottest markets for deals including initial public offerings in Asia Pacific as global investors seek to tap on the South Asian nation's growth potential
Compressed bio gas plants to be set up in Raipur, Bhilai; BPCL signs deal. An MoU was signed on Wednesday between BPCL, Chhattisgarh Biofuel Development Authority and municipal corporations of Raipur and Bhilai for production of Compressed Bio Gas (CBG) in Chhattisgarh, officials said. As per the pact, BPCL- a central PSU, will
NHAI asks Paytm FASTag users to switch to another issuing bank by March 15. NHAI has advised Paytm FASTag users to obtain a new FASTag from another bank before March 15 to ensure a smooth travel experience and avoid inconvenience at toll plazas, an official statement said on Wednesday. This will help avoid penalties or double fee
Tata's chip plants to serve all sectors, generate 72k jobs: Chandrasekaran. Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said here. While speaking on the sidelines of the groundbreaking ceremony of
Perfios secures million funding, set to become 2nd unicorn of 2024. Perfios helps financial institutions with processes such as origination, onboarding, decisioning, underwriting, and monitoring
Karnataka HC extends interim protection for Byju's CEO amid ousting threat. Four investors of Byju's filed the suit to oust Raveendran from the company, alleging mismanagement
Meesho initiates largest ESOP buyback programme totalling Rs 200 cr. Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this program, the company said in a statement
Indian beer startups growing, launching new products after surge in funding. Proost attributes the growth in the beer market due to rising per capita beer consumption, increased disposable income, and reduced societal stigma around alcohol
JG Chemicals makes weak market debut following IPO, shares decline 17%. Shares of JG Chemicals Ltd on Wednesday ended with a discount of nearly 17 per cent against the issue price of Rs 221. The stock made its debut at Rs 211, lower by 4.52 per cent, from the issue price on the BSE. During the day, it tanked 18 per cent to Rs
SoftBank-backed Meesho to roll out ESOP buyback program worth Rs 200 cr. The SoftBank-backed e-commerce firm Meesho is enabling opportunities for wealth creation for 1,700 past as well as present employees
L&T Fin to borrow 5 million from JICA for on-lending to women, others. L&T Finance Holdings on Tuesday said it will borrow USD 125 million (about Rs 1,038 crore) from the Japan International Cooperation Agency for on-lending to women and other segments. The two entities have signed a financing pact, under which 40 per cent of
Day after Supreme Court rap, SBI submits electoral bond details to EC. State Bank of India (SBI) on Tuesday evening submitted details of electoral bonds to the Election Commission of India in compliance with the Supreme Court order. The Supreme Court on Monday ordered SBI to disclose the details of electoral bonds to the Elec
Sporting goods retailer Decathlon aims to become net zero by 2050. It has set a target to reduce its carbon emissions by 20% in 2026 and 42% by 2030
Vedanta told to pay Cairn Rs 77.6 crore, Board barred from market. The Securities and Exchange Board of India (Sebi) in a 76-page order said Vedanta must make the payment within 45 days or face further action
BAT likely to sell 3.5% stake in ITC for Rs 17K crore on Wednesday. British firm will use the proceeds of block trades to buy back own shares
JP Morgan extends Rs 200 cr credit line to boost Oyo accelerator programme. Oyo almost doubled its profit after tax to Rs 30 cr in Q3FY24, compared to the previous quarter's Rs 16 crore
Not aware of promoter stake sale: Sterling & Wilson Renewable Energy. There would not be any material impact of this news article on the operations of the company, the company said
Confusion around Karnataka govt's withdrawal of e-bike taxi scheme: Rapido. Rapido pointed out that recent order issued by the state government does not mention banning Rapido or any other aggregator operating under the protection of the high court order
NCLAT clears runway for Jalan Kalrock Consortium's Jet Airways ownership. NCLAT has directed SBI to complete the transfer within 90 days and instructed JKC to obtain an air operator's certificate within the same period
L&T Finance Holdings inks pact with JICA for 5 million funding. The project is strategically aligned with the goals of the Ministry of Rural Development as it focuses on lending in rural and peri-urban areas of lagging Indian states
Rating agency ICRA places IIFL Finance's long-term ratings under watch. Flags negative implications; may impact profitability
Nirma completes acquisition of 75% stake in Glenmark Life Sciences. The acquisition strengthens Nirma's presence in the pharmaceuticals and life sciences sector
Max Healthcare and Touch Healthcare signs agreement to settle dispute. Max Healthcare accused Touch Healthcare of favouring Blackstone's offer over a prior agreement for Care Hospitals' sale
The Digital Competition Law: Big Tech firms opposed to ex-ante norms. Proposed Bill requires digital companies to notify Competition Commission of India that it fulfills criteria to qualify as a Systemically Significant Digital Enterprises based on criteria set in Bill
BSNL installs 3,500 4G towers in 5 northern states: CMD Pravin Kumar Purwar. Tower installations to begin in Tamil Nadu and Madhya Pradesh soon
Former Sequoia India firm launches new fund Peak XV for early ventures. "We plan to leverage this internal balance sheet to invest in and partner with other fund managers across regions, strategies and sectors," the letter added
Vi surrenders partial spectrum in Uttar Pradesh east, West Bengal. Debt-ridden telecom operator Vodafone Idea has surrendered partial spectrum in 900 and 1800 Mhz band that were due for renewal in 2024. While the amount of spectrum surrendered by Vodafone Idea could not be ascertained, sources indicated it to be around 12
Several team members resigned as part of restructuring, says SpiceJet. On Monday, sources said the airline's Chief Operating Officer Arun Kashyap and Chief Commercial Officer Shilpa Bhatia have put in their papers
Indian firms report strongest hiring outlook for Jun quarter 2024 globally. Employers in India continue to report bullish hiring outlook for the upcoming June quarter, with 36 per cent of companies planning to add more staff in the next three months, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outloo
MSIL would have faced capacity hurdle without rail infra: Executive. 50,000 truck trips will be cut due to new railway siding at automaker's Hansalpur plant in Gujarat
Sidbi plans to raise Rs 5,000 cr via rights issue next financial year. Small Industries Development Bank of India (SIDBI) on Tuesday said it plans to raise Rs 5,000 crore from rights issue next financial year to fund business growth. The refinancing entity for SME finance is witnessing a strong credit growth and to further gr
Vishal Mega Mart planning bn IPO valuing supermarket chain at bn. The retailer has 560 stores, mainly in smaller cities, that sell clothes and grocery items. It competes with Indian tycoon Mukesh Ambani's Reliance, Tata Group's Trent
Rasna looks at overseas franchise arrangements for manufacturing abroad. Negotiations for franchise agreements were on for Egypt, Indonesia and Philippines. Market size, increasing logistics cost and high duties were factors spurring such arrangements
TPSSL commissions 100 solar project with 120 MWh battery storage capacity. Tata Power Solar Systems (TPSSL) on Tuesday said it has commissioned 100 MW solar PV project, coupled with 120 MWh utility scale battery energy storage systems (BESS), at Rajnandgaon in Chhattisgarh. TPSSL bagged the Rs 945-crore project on EPC (engineerin
NPCI likely to approve third-party application license for Paytm this week. UPI, operated by the NPCI, is India's real-time payments system that allows users to transfer money across banks
NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock Consortium. Insolvency appellate tribunal NCLAT on Tuesday upheld the resolution plan of grounded carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium. The NCLAT bench has directed the Jet Airways monitoring committee to complete
Intel sharpens focus on India, carves it out as a separate region. The global semiconductor industry is projected to reach a trillion-dollar valuation by 2030
Reliance's fuel supply to Europe avoids Red Sea to keep clear from Houthis. Globally fuel producers are avoiding the Red Sea and go around Africa to avoid Iran-aligned Houthi attacks despite the Suez canal being the shortest route between Asia and Europe
India a travel powerhouse; Agoda will continue accelerated expansion: CEO. Global digital travel platform Agoda will continue the accelerated rate of onboarding of accommodation properties in India, its fastest-growing market and a global travel powerhouse, its CEO Omri Morgenshtern said on Tuesday. The company is also looking to
BAT plans to sell up to 3.5% of stake in ITC, will own 25.5% after sale. The sale of 437 million ordinary shares in ITC through a block trade, will cut the Dunhill cigarette maker's shareholding to about 25.5% from about 29%
Fly91 to operate first commercial flight from Goa to Bengaluru on March 18. DGCA has given the air operator permit to Fly91 on March 6
GE Aerospace inks flight operations software contract with Air India. Air India group to use GE Aerospace solutions to optimize flight operations
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