NSE share market NEWS tomorrow (22 December, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 December 2023
Piramal Pharma was amongst the top gainers, currently trading at 140.50 in NSE with 6.385 times change in volumes and 8.999% change in price. Other gainers included Gail India with 7.676% price change and 5.063 times volumes, Wipro with 6.601% price change and 4.322 times volumes, Himachal Futuristic with 6.08% price change and 3.388 times volumes, and Patanjali Foods with 4.924% price change and 1.76 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.
Polycab India was amongst the top losers, currently trading at 5359.30 in NSE with 7.842 times change in volumes and -4.627% change in price. Other losers included Varun Beverages with -4.081% price change and 1.349 times volumes, Iifl Holdings with -3.789% price change and 7.701 times volumes, Aurobindo Pharma with -2.358% price change and 0.551 times volumes, and Odisha Cement with -2.036% price change and 0.712 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.
Lawyers say Byju's in good health, BCCI's plea to be heard on Jan 17. Byju's gave this response when the NCLT inquired about the company's current status during the hearing of the insolvency plea filed by BCCI against the company
NCLAT dismisses JKC's plea challenging sale of Jet Airways aircraft. Additional Solicitor General (ASG) Venkatraman, representing the lenders, said they were losing public money to keep the airline afloat due to maintenance costs
Zydus Lifesciences gets six observations from USFDA for API plant. Zydus Lifesciences on Friday said the US health regulator has issued six observations after inspecting its active pharmaceutical ingredient (API) site in Ahmedabad, Gujarat. The US Food and Drug Administration (USFDA) conducted the inspection from December
South Western Railway, JSW enter into agreement for iron ore transportation. South Western Railway (SWR) and JSW Minerals Rail Logistics Private Limited entered into an agreement on Friday for operation of five special type of wagons with 'side discharge' arrangement for unloading, officials said. It will be put to use for transpor
Rural Development Ministry signs MoU with JioMart for selling SHG products. The Ministry of Rural Development on Friday signed a memorandum of understanding with Reliance Retail's JioMart to enhance market access for products of self-help groups under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission. Speaking at t
Fairfax Financial pares 5.7% stake in IIFL Finance worth Rs 1,198 crore. Canadian billionaire Prem Watsa's Fairfax Group on Friday divested a 5.7 per cent stake in IIFL Finance for Rs 1,198 crore through an open market transaction. Fairfax Group through its affiliate FIH Mauritius Investments Ltd have sold the shares of IIFL Fi
London-bound British Airways flight returns to Delhi due to technical issue. A British Airways plane enroute to London returned to the national capital on Friday morning due to a technical issue, according to sources. The aircraft, which took off at around 0945 hours, returned soon due to fire indication lights. There were more tha
DIAL says its excess baggage service has helped passengers save Rs 7 crore. Delhi airport operator DIAL on Friday said its excess baggage service has handled around 1.7 lakh kilograms of luggage and has helped passengers save around Rs 7 crore on excess baggage since the initiative started in 2020. Under the service, prices start
Maruti Suzuki to set up second JIM in Haryana, boosting skills training. Maruti Suzuki India (MSI) on Friday said it has inked a pact with the Haryana government to set up second Japan-India Institute for Manufacturing (JIM) in the state. The new institute would come up at Kansala in Rohtak, Haryana and will be operational next
Tencent leads billion rout as China gaming curbs revive crackdown fears. The top gaming regulator on Friday published draft rules broadly designed to clamp down on practices that encourage players to spend more money and time online
Nike forecast cut rattles sportswear stocks as consumer spending stumbles. The company also laid out a billion cost-saving plan on Thursday and said it was adopting a "more prudent approach" to planning for the rest of the year
Tesla to recall over 120,000 vehicles in US: Road safety regulator. The Elon Musk-led automaker has released an over-the-air (OTA) software update to address the issue, the National Highway Traffic Safety Administration (NHTSA) said
Oxyzen Express raises million to invest in next-gen logistics tech. The company operates within the highly competitive express logistics industry which boasts a total addressable market opportunity in excess of Rs 1.5 trillion
Zomato denies reports of an offer to acquire Shiprocket for billion. Earlier, Bloomberg had reported that Zomato had made an offer to acquire Shiprocket
Serum Institute of India to apply for licence of JN.1 Covid variant vaccine. Covid cases in India: On Friday, India recorded 640 fresh Covid-19 infections and the number of active cases now stands at 2,997
Nike trims sales forecast; to cut billion in costs over next three years. Nike said its revenue in the full year, ending May 2024, is expected to be down by about 1 per cent
SBI to sign 5 million LoC with World Bank for rooftop solar projects. In September, SBI said that it plans to make home loans with rooftop solar installations mandatory for residential projects funded from the bank's long-term climate action funds
I-T officials search 50 offices, facilities of Polycab India; shares fall. BSE said that it has sought clarification from Polycab India on the reports of tax raids
Threat actor breaches BSNL server database, puts up dataset on dark web. State-owned telecom operator BSNL suffered a data breach as a threat actor released a dataset containing 32,000 lines of data, including sensitive details of landline users, on a dark web forum
Mumbai-based Mitshi India CFO resigns with handwritten letter: See picture. Mitshi India was founded in 1976 as Dera Paints and Chemicals Ltd and Its market cap on Friday stood at Rs 20.20 crore
BEL bags Rs 2,673 crore order from Goa Shipyard, Garden Reach Shipbuilders. Bharat Electronics Limited (BEL) has bagged cumulative orders of worth Rs 25,935.15 crore till now in the current financial year, said the company
Lupin to acquire products in Europe, Canada from Sanofi for Rs 91 cr. Home-grown pharma major Lupin Ltd on Friday said it acquired a portfolio of established products in Europe and Canada from Sanofi for a purchase consideration of EUR 10 million (Rs 91 crore). Lupin Atlantis Holdings SA, Switzerland, a wholly-owned subsidia
Axis Mutual Fund's thematic fund collects Rs 3,400 cr in NFO period. Axis Mutual Fund on Friday said it has collected over Rs 3,400 crore from the New Fund Offering (NFO) of its manufacturing scheme. Axis India Manufacturing Fund, an open-ended equity scheme, was open during December 1-15. The thematic fund received robust
Essar onboards Topsoe as partner for UK industrial carbon capture facility. Essar Oil UK on Friday announced the selection of a second key licensor technology provider, Denmark-based Topsoe, for setting up an industrial carbon capture facility as part of its planned energy transition project at Stanlow, UK. Topsoe will provide its
Tesla buys land for Shanghai battery factory, to make 10K units anually. The Shanghai location is Tesla's second dedicated Megapack factory, following the Lathrop plant in California. Its EV facility in Nevada can also make the Megapack
Bharat Electronics bags orders worth Rs 2,673 crore from two firms. Bharat Electronics Ltd (BEL) on Friday said it has received orders worth Rs 2,673 crore from Goa Shipyard Ltd and Garden Reach Shipbuilders & Engineers Ltd. The company in a BSE filing said this will have participation of electronics and associated industr
Food delivery major Zomato denies it is acquiring logistics firm Shiprocket. Deal for bn is 'incorrect news, media speculation', says company in response to reports
Chinese automaker BYD's first car factory in Europe planned in Hungary. Chinese automaker BYD said on Friday that it plans to build a new electric vehicle plant in Hungary, its first car factory in Europe, as part of its rapid global expansion. Hungary will be the centre for its European operations, BYD said in a notice on its
Adani Green Energy plans to raise billion through debt next year. Ahmedabad-based Adani Green Energy Ltd. is exploring various instruments including private placement of debt, offshore bank loans as well as dollar and rupee bonds
Lupin expands global portfolio with acquisition of assets from Sanofi. The deal involves the acquisition of a portfolio of accretive established products in Europe and Canada
Easy Trip Planners acquires 13.39% stake in Eco Hotels and Resorts. Online travel service provider Easy Trip Planners Ltd on Friday said it has acquired 13.39 per cent stake in Eco Hotels and Resorts in a share swap deal. The company's investment in equity shares of Eco Hotels India is swapped with equity shares of the la
Agritech startup Fasal raises Rs 100 cr from investors to expand business. Agritech startup Fasal, which is into precision horticulture, on Friday said it has raised Rs 100 crore from investors to expand its business. Founded in 2018, Fasal leverages AI, crop sciences, and Internet of Things (IOT) to provide farm-level, crop-spec
Biocon arm, Sandoz to distribute rheumatoid arthritis drug in Japan. BBL launched Hulio, a biosimilar version of Abbvie's blockbuster drug Humira, in the US in July
Apple loses bid over dispute threatening to stop US sales of 2 watch models. Apple has been rebuffed in its latest attempt to untangle a patent dispute that is pushing the company into suspending sales of two popular Apple Watch models as the holiday shopping season wraps up. The International Trade Commission rejected Apple's bid
Blackstone to buy major stake in Sony Payment Services for 0 mn. Blackstone Inc. will take a majority stake in a payment service provider under Sony Group Corp. for about 0 million, a person familiar with the matter said
Pharma firm Innova Captab IPO subscribed 1.40 times on first day of offer. The initial public offer of integrated pharmaceutical company Innova Captab got subscribed 1.40 times on the first day of subscription on Thursday. The Rs 570 crore initial share sale received bids for 1,27,25,196 shares against 90,78,010 shares on offer,
IndiGo pays revised penalty of Rs 20 lakh to DGCA over 4 tail strikes. InterGlobe aviation -- the parent company of IndiGo -- said on Thursday that it has paid Rs 20 lakh towards revised penalty to the aviation safety regulator DGCA for four tail strikes involving some of its aircraft. The Directorate General of Civil Aviatio
Credo Brands' IPO gets subscribed 51.85 times on heavy demand from buyers. The Initial Public Offering (IPO) of Credo Brands Marketing, which owns denim brand Mufti, got subscribed 51.85 times on Thursday, the last day of subscription. Heavy demand from institutional buyers helped the share sale attract smart subscription on the
Parent company Walmart infuses nearly 0 mn in e-commerce giant Flipkart. The e-commerce firm company is in conversations with investors to raise a total of billion to give it enough firepower to Flipkart to counter competition
X suffers biggest outage since Musk's takeover as over 94k users report it. More than 94,000 users of X had reported issues with the site at 1:41 p.m. Hong Kong time on Thursday, according to Downdetector, which tracks website and service interruptions
Bank of Baroda raises Rs 2,500 crore through basel-III tier-II bonds. The bank received a total of 88 bids amounting to Rs 6,803 crore, according to a note by the bank
NIIF to invest Rs 675 crore in GMR's Bhogapuram airport in Andhra Pradesh. This is part of the financial partnership announced in December 2022 in which NIIF would invest in the equity capital of three airport projects of the GMR group
Yes Bank co-founder Rana Kapoor gets bail in ED case related to loan fraud. A special court here on Thursday granted bail to Yes Bank cofounder Rana Kapoor in a money-laundering case linked to alleged financial irregularities at the bank. He, however, would not walk out of jail at present as he has not been granted bail in a relat
Rolls-Royce begins tests on using hydrogen for commercial airlines. Furthermore, the efficiency of hydrogen production is low. Most hydrogen is produced from natural gas, which emits large amounts of carbon dioxide
Airtel Business, IntelliSmart to connect 20 mn smart meters with IoT. Telecom operator Bharti Airtel has entered into a strategic partnership with IntelliSmart Infrastructure to connect up to 2 crore smart meters with internet of things technology, the company said on Thursday. The project is estimated to be executed over a
Vizag Steel Plant forges deal with JSPL for Rs 900 cr working capital. The Rashtriya Ispat Nigam Ltd, known as Vizag steel plant, has forged a deal with Jindal Steel and Power Ltd to get an infusion of working capital up to Rs 900 crore in a bid to propel sales revenue, monthly turnover and slash losses. The timely deal enabl
Allcargo Logistics, Allcargo Gati boards approve businesses restructuring. Allcargo Logistics Ltd and Allcargo Gati boards on Thursday approved restructuring of businesses, Allcargo Group said in a statement. As per the scheme, International Supply Chain (ISC) business will be demerged into a separate entity -- Allcargo ECU Ltd,
Nexzu Mobility plans to set up smart EV park in Gujarat worth Rs 5,000 cr. Atulya Mittal-founded electric mobility firm Nexzu Mobility has proposed to set up a smart EV Park in Gujarat and plans to invest Rs 5,000 crore in the project over the next 10 years, the company said on Thursday. Nexzu Mobility said it has signed an initi
Piramal Enterprises to adjust Rs 3,164 cr exposure to AIF in its financials. Move follows RBI directive limiting investments in AIFs to curb evergreening
Toyota's unit raided after fake tests lead to suspension of all shipments. Japanese transport ministry officials inspected Toyota subsidiary Daihatsu on Thursday, one day after officials announced it was suspending the small car unit's shipments of all vehicles in and outside Japan after an investigation found improper testing i
Ashok Leyland wins order to supply 552 buses to Tamil Nadu transport corpn. Commercial vehicle manufacturer will deliver the buses from April 2024
Vistara offers discounts on domestic and international travel on Christmas. Vistara Airlines is set to offer business class seats starting Rs 9924, which guarantees a trip with spacious seats and personalised service for those seeking the ultimate in luxury
AstraZeneca Pharma India to launch cancer drug Enhertu in January. Enhertu, an antibody-drug conjugate, is being used in the treatment of HER2-positive metastatic breast cancer in a number of countries globally
BluSmart raises mn in new equity round, will expand charging infra. Ride-hailing company says it aims to have a fleet of 8,000 EVs in Delhi and Bangalore by next year
PhonePe launches section to help customers with credit score, bills. Fintech company says service will help users in understanding their credit health
More than 80% Indian CEOs investing in GenAI for competitive edge: Report. Most of them have either completed or are hiring new talent with GenAI skills: EY
Bandhan Bank to transfer housing finance NPAs to asset reconstruction co. The board of private lender Bandhan Bank has approved a proposal to transfer the housing finance NPAs to an asset reconstruction company. In a regulatory filing on Thursday, the bank said the housing finance NPAs will have days past due (DPD) of more than
BluSmart raises million via issue of equity rights to fund expansion. Electric vehicle ride-hailing service and charging infrastructure network operator BluSmart on Thursday said it raised USD 24 million (Rs 200 crore) through issue of equity rights to its existing investors for funding the company's expansion. The latest fu
As RBI tightens rules, Piramal to set aside funds for AIF exposure. As per the RBI's direction, regulated entities must liquidate their investments in AIFs within 30 days should the fund invest in an existing borrower
Adani family plans bn investment in conglomerate's green energy unit. Billionaire Gautam Adani and his family plan to inject billion into the conglomerate's renewable energy unit, people familiar with the matter said, as the group races to reach ambitious green goals
Sony, Zee have one-month grace period to complete billion merger. The grace period, as well as the talks on a further deadline extension, are keeping hopes alive for a two-year-old transaction that has already seen ample drama and delays
Warehouse robotics firm GreyOrange closes 5 mn Series D funding. GreyOrange will deploy the growth capital to accelerate the company's technology and continue its global expansion
Tata Curvv to Harrier EV: Here are cars Tata Motors will launch in 2024. Tata Motors will add two more electric cars to its portfolio, along with a facelift variant of Altroz
Infosys to integrate, standardise LKQ Europe's business processes. LKQ Europe is a leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe
LIC gets one-time exemption from 25% minimum public shareholding rule. State-owned insurer has received an extension of 10 years and would need to meet the criteria by May 2032
Flipkart in talks to raise billion, 0 million to come from Walmart. The fundraising is likely to increase Flipkart's valuation by 5-10 per cent from billion earlier
Challenging for Apple to live up to trn rally performance in 2024. Such gains in 2024 will be harder to come by. As it looks to arrest four consecutive quarters of declining revenue, the world's most valuable publicly-traded company faces uncertainty in China
Sebi to auction properties of 5 cos on Jan 22 to recover investors money. Capital markets regulator Sebi has said it will auction 13 properties of five companies, including Sunheaven Agro India and RaviKiran Realty India, along with that of promoters and directors on January 22 to recover money illegally collected from investors
20% stake worth Rs 6,171 crore in Embassy REIT sold through block deals. The prominent buyers included HDFC Mutual Fund, Fidelity Funds South East Asia and ICICI Prudential Mutual Fund, among others
India Yamaha Motor launches R3 and MT-03 as completely built units. Two-wheeler major India Yamaha Motor has launched its latest sports motorcycles -- R3 and MT-03 -- widening its product portfolio in the domestic market, the company said on Wednesday. The two products -- the track-oriented R3 and the street fighter MT-03
Five Indian tyre makers ranked among global top 30 manufacturers: Report. Five Indian companies featured among the top 30 tyre manufacturers globally, according to a report by Automotive Tyre Manufacturers' Association (ATMA). In the 'Tire Business Magazine's 38th Global Tire Report' by ATMA based on revenue in 2022, Apollo, MRF
Aurobindo Pharma gets 'Voluntary Action Indicated' classing from US FDA. The classification follows an inspection conducted by the FDA from September 13 to September 19, 2023
JSW Energy arm to provide bank guarantee for availing loan of Rs 954 cr. JSW Energy on Wednesday said one of its wholly-owned subsidiaries, JSW Energy (Barmer) Ltd, will provide a corporate guarantee on behalf of Barmer Lignite Mining Company Ltd for availing a loan of up to Rs 954 crore. Barmer Lignite Mining Company is a join
Bharat Petroleum to invest Rs 5,044 cr in PP plant at Kochi refinery. The 400,000 tonnes per annum polypropylene unit will be constructed in about 46 months from the date of the investment approval, the company said in a statement
Kotak Mahindra Life Insurance launch TULIP, combination of term, ULIP. Since it is a ULIP plan, customers have 8 fund options to choose from to invest their money
Zee, Sony enter into discussion on extension of deadline to complete merger. Sony Group Corp and Zee Entertainment Enterprises Ltd have entered into a discussion to extend the deadline for merging their India operations, keeping hopes alive of creating a bn media behemoth
Two Promoter entities of Astral divest 1.74% stake worth Rs 885 crore. Two promoter entities of building materials and equipment company Astral Ltd on Wednesday divested 1.74 per cent stake in the company for Rs 885 crore through open market transactions. Kairav Chemicals Ltd and Saumya Polymers LLP were the promoter group en
Social media unicorn ShareChat lays off 200 employees to reduce costs. This is the second such move this year for the Indian regional social network
Amazon India inks pact with Indian Coast Guard over work opportunities. E-commerce giant Amazon India on Wednesday signed an agreement with the Indian Coast Guard (ICG), under the Ministry of Defence, to provide ex-service personnel with work opportunities across the company. With this Memorandum of Understanding (MoU), Amazon
Tata Safari, Harrier first vehicles to get 5-star rating under Bharat-NCAP. Tata Motors said its SUVs Safari and Harrier have become the first recipients of the five-star rating for adult and child occupant protection as per the Bharat New Car Assessment Programme
Texmaco Rail & Engineering secures Rs 1,374 cr order from Indian Railways. Texmaco Rail & Engineering Ltd on Wednesday said it has secured an order worth Rs 1,374.41 crore from the Ministry of Railways for manufacture and supply of 3,400 wagons. The order is to be executed in three tranches by December 2025, the company said in a
Motovolt Mobility, German firm Swobbee tie up for EV stations in India. Electric two-wheeler maker Motovolt Mobility and German climate-tech firm Swobbee have joined hands to establish 200 battery-swapping stations across India, officials said on Wednesday. This partnership aims at boosting the affordability of two-wheeler EV
Arahas Technologies ties up with QuakeLogic to provide geospatial solutions. Arahas Technologies, an entity in geospatial IT and AI, on Wednesday said it has joined hands with Californian firm QuakeLogic to launch structural health monitoring and early warning system aimed at enhancing earthquake resilience across the Indian subcon
IndusInd Bank exits Nippon Life India Asset, sells shares worth Rs 795 cr. Hinduja-promoted IndusInd Bank on Wednesday sold its entire 2.86 per cent stake in Nippon Life India Asset Management for Rs 795 crore through open market transactions. SBI Mutual Fund (MF), ICICI Prudential MF, Bajaj Allianz Life Insurance, ICICI Prudenti
Space World plans 0 mn telecom infra investment, eyes to raise 0 mn. Telecom infrastructure firm Space World is planning to invest USD 500 million in building an optical fibre cable-based network across 13 cities in the next four years, senior officials of the company said on Wednesday. Space World Group Founder and Chairma
Google plans restructuring 30,000-people ad sales unit as automation booms. Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams
Android smartphones face average 3 attacks per month, says DSCI report. The report also gave staggering numbers of threat detections, with over 400 million attacks getting detected in 2023
Think and Learn presents edtech Byju's 3.0 proposal to investors at AGM. Byju's says FY22 earnings were approved at the AGM as well as the reappointment of BDO as the statutory auditors of the company.
Toyota's Daihatsu to halt all vehicle shipments, in widening safety scandal. Toyota Motor's Daihatsu unit will halt shipments of all of its vehicles, Japan's biggest automaker said on Wednesday, after a safety scandal investigation found issues involving 64 models
Russian court fines Google .8 mn over 'fake' Ukraine information. A Russian court fined Alphabet's Google on Wednesday 4.6 billion roubles (.84 million) for failing to delete so-called "fake" information about the conflict in Ukraine
Toshiba delisted from Tokyo exchange after 74 yrs; future with new owners. The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP)
HCLTech hit by ransomware attack, IT major says investigation underway. This comes days after HCL Tech crossed the market capitalisation of Rs 4 trillion on the Indian stock exchanges
Reliance Industries pays Rs 254 crore license fee to Metro to use its name. Metro AG clarified in its latest annual report that the payment is part of the transitional services and licences provided by Metro AG
Ford Motor cancels deal to sell its Tamil Nadu plant to JSW Group. The JSW Group had finalised an agreement to buy the Ford plant for around 0 million, but Ford called off the deal as it is no longer looking to sell the factory
Netherlands Tata Steel plant forces choice between public health or economy. Locals have voiced concerns about the factory's pollution for decades. However, it was only in September that the Dutch national public health agency first established a direct link
Air India borrows 0 million from Japan's SMBC to buy Airbus plane. Japanese lender SMBC on Wednesday said the Tata Group-owned Air India has borrowed USD 120 million from it for purchasing a wide-body aircraft from Airbus. The transaction has partly financed Air India's purchase of an A350-900 aircraft from Airbus, which
Insurance broking startup Finhaat raises mn for business expansion. Company says technology-driven platform will improve accessibility to insurance
Japan's SMBC lends 0 mn to Air India to buy A350-900 aircraft. Aircraft secured debt facility struck in GIFT City, says lender
Paytm's billionaire founder-CEO bets on young wealth to hit profit sooner. Billionaire founder-CEO Vijay Shekhar Sharma is overhauling its suite of money management products to better tap growing wealth among younger users, who're warmer to the idea of investing online
At Rs 3.79 trn, PSU capex hits 52% of budget target by September end. Capital expenditure by central public sector enterprises touched about 52 per cent of the Budget target at Rs 3.79 lakh crore in the first half of current fiscal, the finance ministry said on Wednesday. This is higher than the capex by CPSEs in the April-S
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