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NSE share market NEWS tomorrow (12 March, 2024). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 March, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 March 2024

Torrent Power was amongst the top gainers, currently trading at 1198.70 in NSE with 0.396 times change in volumes and 3.412% change in price. Other gainers included Hdfc Bank with 2.224% price change and 1.295 times volumes, Aditya Birla with 2.141% price change and 8.937 times volumes, Oracle Financial with 2.06% price change and 5.527 times volumes, and Iifl Holdings with 1.807% price change and 0.531 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.

Patanjali Foods was amongst the top losers, currently trading at 1377.85 in NSE with 3.365 times change in volumes and -7.247% change in price. Other losers included 8 20 with -6.702% price change and 1.534 times volumes, Kaynes Technology with -5.927% price change and 1.624 times volumes, Indian Bank with -5.684% price change and 1.781 times volumes, and Kfin Technologies with -5.573% price change and 10.026 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.

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

Bank of Baroda launches green term deposit scheme with 7.15% interest. The scheme offers annual interest rates, ranging from 6.75% for a tenure of 12 to 18 months to 7.15% for 777 days

Rakesh Gangwal sells shares of InterGlobe Aviation worth Rs 6,785 crore. InterGlobe Aviation's promoter Rakesh Gangwal on Monday sold shares worth Rs 6,785 crore of the company through open market transactions. The co-founder of the company, which operates the country's largest airline IndiGo, offloaded 2.25 crore shares of Ind

L&T Finance, L&T Infra Credit, 5 NBFCs surrender registration certificates. L&T Finance, L&T Infra Credit, and five other non-banking financial companies (NBFCs) have surrendered their certificates of registration to the Reserve Bank of India. Following this, the central bank cancelled their Certificate of Registration (CoR) as th

Spectrum auction: All eyes on Airtel, may spend Rs 3,800 cr, analysts say. Bidding intensity to be low as Jio, Airtel still have spare network capacity for 5G

Gautam Adani, Qualcomm CEO discuss artificial intellgence, semiconductors. Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday mornin

AstraZeneca, Mankind Pharma partner for distribution of asthma medication. Mankind Pharma, a pharmaceutical company in India, boasts a vast distribution network with over 16,000 field personnel and 13,000 stockists

Hyundai to target performance-oriented niche segment with N Line range. Hyundai Motor India is seeking to address a niche, yet growing segment of buyers who are performance-oriented through its N Line range of products, according to company COO Tarun Garg. The company, which currently offers the N Line range on its two models

Adani's Dharavi project to begin survey for rehabilitation of residents. The Dharavi Redevelopment Project -- a special purpose vehicle set up through a joint venture between the Adani Group and Maharashtra government -- on Monday said it will begin a survey next week to determine eligibility of the slum residents for their reh

Rakesh Gangwal mops up Rs 6,786 crore from 6% stake sale in Indigo. At the end of December 2023 quarter, Rakesh Gangwal directly held 11.72 per cent stake in the company, the shareholding pattern data shows

SP group may sell Sterling & Wilson stake, Afcons Infra IPO delayed. As both Gopalpur and Afcons transactions did not materialise, the group may sell its stake in S&W as the share price is attractive

Tata Group stocks fall amid IPO uncertainty, m-cap plunged by Rs 27,385 cr. Tata Investment Corporation and Artson Engineering fell 5 per cent each

Triveni Engineering acquires 25.43% stake in Sir Shadi Lal Enterprises. Sugar company Triveni Engineering & Industries Ltd has acquired a 25.43 per cent stake in Sir Shadi Lal Enterprises Ltd (SSEL) for Rs 35 crore and launched an open offer to shareholders for acquiring an additional 26 per cent stake. Triveni Engineering is

First-time car buyers now choosing SUVs: Hyundai India COO Tarun Garg. Garg expressed his disagreement with concerns that the drop in hatchback sales implies that several first-time buyers are being edged out of the car market itself

Magicpin launches delivery service to enter logistics aggregation segment. The platform is currently witnessing an average of 5,000 orders per day

M&M posts 40% growth in SUV sales in Feb, overall production grows by 26%. The company has been increasing its production steadily and as of February 1, it had opened bookings for around 226,000 SUVs

ITC inks pact with Narne Hotels and Resorts to open Welcomhotel in Coorg. ITC Hotels on Monday said it has signed a management agreement with Narne Hotels and Resorts to open a 150-key property under Welcomhotel brand at Madikeri hill town in Coorg, Karnataka. "Madikeri is an important market for us. Over recent years, this regi

SpiceJet COO Kashyap, CCO Bhatia resign amid firm's cash-crunch issues. The firm is also dealing with multiple court cases regarding money owed to former owner Kalanithi Maran, financial services firm Credit Suisse, aircraft lessors, and engine lessors

British American Tobacco to sell ITC stock worth -3 bn this week: Report. London-listed BAT has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around billion to billion in ITC stock through block trades, the people said

Aditya Birla Finance may merge with Aditya Birla Cap within next 12 months. This is the second instance of such a merger in the NBFC space. Earlier, Tata Capital Financial Services merged with its parent entity Tata Capital from January 1, 2024

Byju's shuts all regional offices, asks 15,000 employees to work from home. The move has been in place for the past few months as part of a restructuring exercise as the struggling edtech giant faces a severe funding crunch and battles lenders, according to the sources

Planning to set up public sector unit to provide tech: Salesforce India CEO. The US-based company is looking to tap various opportunities in the government sector in areas such as postal services, education, subsidies to the citizens and healthcare services, said Bhattacharya

Serum looks beyond Covid with new vaccines for malaria, dengue: CEO. Serum produces AstraZeneca's Covid-19 vaccine under the brand name Covishield in India, and also makes Novavax's protein-based Covid shots

AG&P Pratham, Think Gas Distribution to begin .1 billion merger. The I-Squared Capital-backed city gas distribution companies received approval for the merger from the European Commission in February and aims to enhance efficiency and up market competitiveness

Adani Green operationalises 1,000 Mw of solar projects at Khavda in Gujarat. Adani Green Energy Ltd delivered 1,000 Mw in less than 12 months of starting work at Khavda. This involved installing about 2.4 million solar modules

IndiGo co-founder Gangwal raises 0 mn in largest block sale since 2019. It's the fourth time within two years that the co-founder has tapped investors through a block sale of IndiGo shares, according to data compiled by Bloomberg

Alternative credit platform BlackSoil raises Rs 100 cr via rights issue. Alternative credit platform BlackSoil on Monday said it has raised Rs 100 crore, from existing investors and promoters, through a rights issue. BlackSoil is backed by investors and family offices of Allcargo Logistics, Navneet Education, Mahavir Agency, an

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable. This tokenisable wearable, for both debit and credit cards, has been launched by Induslnd Bank in collaboration with Mastercardand can be purchased in the form of a ring, watch clasp, or stickers

Byju's shuts down offices across India amid cash crunch; implements WFH. Amid legal battles and financial disruptions, the edtech has gradually rolled back its office leasing to prioritise financial stability and paying employees

Apollo Hospitals Group launches emergency medical centre in Ayodhya. The Apollo Hospitals Group on Monday announced the launch of a state-of-the-art multi-specialty emergency medical centre at the Shri Ram Janmabhoomi pilgrimage site in Ayodhya. Talking about the advanced services of the centre, Apollo Hospitals Group Chair

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming. Prime Minister Narendra Modi virtually hand over 1,000 drones, including 200 drones supplied by Coromandel International, to the members of various SHGs

AstraZeneca, Mankind Pharma sign pact to distribute asthma medicine. AstraZeneca Pharma India Ltd and Mankind Pharma Ltd on Monday said they have entered into an agreement for exclusive distribution of the Symbicort brand, an asthma medicine, in India. Symbicort is owned by AstraZeneca, which will retain the intellectual pr

IndianOil sets sight on Grand Prix, to join high table of F1 fuel producers. After delivering back-to-back innovations in fuel grades, Indian Oil Corporation (IOC) has now set sight on the Grand Prix and will in next three months start producing fuel used in adrenaline-pumping Formula One or F1, motor racing. The firm's refinery at

Expect accelerated growth post investment by JSW Group: MG Motor India CEO. MG Motor India expects an accelerated growth path with more aggressive expansion plans after getting the JSW Group as an investor, according to company CEO Emeritus Rajeev Chaba. With the company already establishing a well laid foundation based on technol

Sun Pharma recalls 55,000 bottles of generic drug to treat gout from US mkt. Drug major Sun Pharma is recalling around 55,000 bottles of a generic medication to treat gout from the American market due to manufacturing practices norms deviations, according to the US health regulator. The New Jersey-based unit of the Mumbai-based dru

Signature Global to invest over Rs 1,200 cr/year to boost housing projects. Realty firm Signature Global will invest Rs 1,000-1200 crore per year to purchase land for the development of housing projects and encash strong consumer demand, its Chairman Pradeep Aggarwal has said. In an interview with PTI, he highlighted that housing

HC sends show-cause notice to Go First official over maintenance issues. The Delhi High Court has issued a show-cause notice to the resolution professional of crisis-hit 'Go First' airline, asking why contempt proceedings should not be initiated against him for prima facie willfully disobeying judicial orders on allowing inspec

India will not tailor its policies to suit US EV maker Tesla: Piyush Goyal. India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industr

Stone Sapphire India to invest Rs 1,000 cr in homewares plant in Baroda. Toys and stationery manufacturer Stone Sapphire India will invest Rs 1,000 crore to set up a manufacturing facility for homewares like glassware, sippers, dinnerware etc, in Baroda.. Talking with PTI, Stone Sapphire India Pvt. Ltd. (SSPL) Chairman Vick Ran

Byju's processes part of pending salaries, aims to pay balance soon. Edtech company will pay the balance once the issue's funds are available

Saudi Arabia's Aramco hikes dividend 30% to bn despite drop in profit. The profit, down from 1.1 billion in 2022, was still the company's second-highest on record, Aramco said on Sunday as it reported total dividends for the year of .8 billion, up 30%

Zopper eyes expansion into EMs, targets 50-60% growth in India in 3 years. Zopper plans to expand its distribution ecosystem and strengthen partnerships with banks, non-banking financial companies (NBFCs), travel portals, brands, and retail chains

India AI mission to provide funding, support to deeptech startups: Experts. The move will provide much-needed financial assistance to deeptech startups in the country, an area which founders say has been a major roadblock for innovation in the sector

Indian Bank appoints Brajesh Kumar Singh as executive director for 3 years. Public sector Indian Bank on Sunday said the Central government has appointed Brajesh Kumar Singh as its Executive Director for a period of three years. Prior taking up the new responsibility, Singh was serving Bank of Baroda as its Chief General Manager -

SJVN Green signs long-term pact to supply 600 MW solar power to Rajasthan. A subsidiary of state-owned power producer SJVN, SJVN Green Energy, has entered into a long term pact to supply 600 MW solar electricity to Rajasthan. The Power Usage Agreement is for 500 MW Solar Power from Bikaner Solar Power Project and the Power Purcha

NTPC, NGEL look to develop thermal plants, renewables project in Rajasthan. State-run power giant NTPC and its arm NTPC Green Energy signed two separate initial pacts to explore the possibility of developing supercritical thermal plants and renewables as well as green hydrogen in Rajasthan. The MoU between NTPC and Rajasthan Rajya

Nearly 75% of women-led startups still unfunded, says Tracxn report. There are currently 117,254 startups in the country, according to data from the Department for Promotion of Industry and Internal Trade

OpenAI's Sam Altman returns to company's board after probe clears him. Altman is rejoining the company's board following the findings

Boeing's largest union demands 40% salary hike over 3 yrs, as talks begin. The company's stock extended declines after the union announced its demands, falling as much as 2.2%

United Airlines' plane veers off runway in third Boeing mishap of the week. The 21-year-old aircraft was also a 737 - but an earlier version than the Max, according to FlightRadar24

Still trying to evict elite Russian government hackers, says Microsoft. Microsoft said on Friday it's still trying to evict the elite Russian government hackers who broke into the email accounts of senior company executives in November and who it said have been trying to breach customer networks with stolen access data. The ha

NCLT denies relief to Iffco, asks Triumph to discuss issues before Apr 4. The National Company Law Tribunal has directed Swan Energy-IFFCO joint venture Triumph Offshore to hold a board meeting before April 4 to discuss issues raised by minority shareholder IFFCO regarding feasibility and viability of offering services to operat

Tata Technologies inks agreement with Telangana for skill centres. Tata Technologies Limited signed a MoU with the Telangana government to establish "Advanced Technical Skill Training Centres (skilling centres)" in 65 Industrial Training Institutes in the state. An official release said the Tata Group company and the stat

Zee MD & CEO Punit Goenka revamps revenue vertical, Rahul Johri resigns. Zee Entertainment Enterprise Ltd on Saturday announced the resignation of Rahul Johri and changes in the revenue vertical of the broadcast business implemented by its MD & CEO Punit Goenka. Johri, who was President - Business of Zee Entertainment Enterpris

IndiGo flight from Mumbai to Istanbul delays due to technical issue. The IndiGo flight coming from Mumbai to Istanbul has been delayed due to a technical issue, the airline said on Saturday.According to the official statement, passengers for this flight are being accommodated on two special flights operated by A32x aircraft

Sun Pharma recalls around 55,000 bottles of generic medication in US. Sun Pharma is recalling about 55,000 bottles of a generic medication to treat bowel disease in the American market, according to the US Food & Drug Administration (USFDA). As per the latest Enforcement Report by the US health regulator, New Jersey-based Su

Nhai signs agreement with HLL Life Care for incident management system. State-owned NHAI has signed an agreement with HLL Life Care Ltd to strengthen incident management systems and assist accident victims on National Highways, an official statement said on Friday. The MoU will help NHAI to strengthen its existing incident man

Sebi, RBI widen investigation into public debt issue subscriptions: Report. Investigators are also studying if disproportionate loans were given to subscribes and whether customer identification processes were not adequately followed, the sources added

ED attaches assets worth Rs 367 crore in Bhushan Steel 'bank fraud' case. The Enforcement Directorate (ED) on Friday said it has attached immovable assets worth Rs 367 crore in Delhi, Mumbai, Kolkata and some cities in Odisha as part of a money-laundering probe linked to an alleged bank-loan fraud against Bhushan Steel Limited (

Sudha Murty holds about Rs 5,600 crore worth of stocks in Infosys. Sudha Murty, who was on Friday nominated to the Rajya Sabha by the President, holds a 0.83 per cent stake in IT bellwether Infosys which at current prices is worth close to Rs 5,600 crore. The 73-year-old philanthropist is the wife of Infosys co-founder Na

After MGL and IGL, Torrent Gas reduces CNG prices by Rs 2.50 per kg. After city gas retailers in Mumbai and Delhi reduced CNG prices, Torrent Gas on Saturday announced a Rs 2.50 per kg reduction in compressed natural gas (CNG) prices across all its locations. "This makes CNG cheaper by up to 45 per cent vis a vis petrol and

Coal India production hits record 703.91 MT this fiscal until March 7. Production of Coal India Ltd hit a record 703.91 million tonnes (MT) in this fiscal until March 7, surpassing the last fiscal's output of 703.20 MT, the Coal Ministry said on Friday. Highlighting that several key measures were implemented to enhance produc

AU Small Finance Bank rules out further hike in interest rates on deposits. Fincare SFB is slated to merge with AU SFB from April 1, 2024

HDB Fin Services to raise Rs 2,500 crore via debt capital for biz growth. After witnessing asset quality pressures in the aftermath of the pandemic, the finance company has improved its risk profile and health to support sustained growth in the loan book

US-based Baron Capital boosts Swiggy's valuation to .1 billion. New valuation is above the billion IPO valuation target that Swiggy is eyeing

HMSI recalls GL1800 Gold Wing, CBR1000RR units to fix faulty fuel pumps. Honda Motorcycle & Scooter India (HMSI) on Friday said it is recalling certain units of its superbikes GL1800 Gold Wing and CBR1000RR to inspect and replace faulty fuel pumps. Honda GL1800 Gold Wing manufactured between December 2017 and December 2023 and

Signature Global to invest Rs 2,200 crore to develop housing project. Realty firm Signature Global will invest Rs 2,200 crore over the next five years to develop a new luxury housing project in Gurugram as part of its expansion plan amid strong consumer demand, its Chairman Pradeep Aggarwal said. "We have launched a new hous

Bond scion Aditi Mittal taps India mkt boom to transform her family firm. With JPMorgan Chase & Co. set to add India to its global bond indexes from June, the previously insular debt market is facing global attention

Carlyle, CVC, KKR show interest in potential takeover of Samsonite. The investment funds may consider teaming up and forming a consortium if Samsonite decides to move forward with a plan to go private, in that case, more bidders could emerge

Latest stock market News for tomorrow Access previous news reports: 439440441442443444445446447448449450451452453454455456457

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