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NSE share market NEWS tomorrow (20 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (20 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 December 2023

Varun Beverages was amongst the top gainers, currently trading at 1253.40 in NSE with 4.933 times change in volumes and 6.977% change in price. Other gainers included Oil India with 5.624% price change and 4.857 times volumes, Supreme Industries with 4.655% price change and 2.136 times volumes, Au Small with 3.931% price change and 3.28 times volumes, and Voltas with 3.45% price change and 2.9 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.

National Buildings was amongst the top losers, currently trading at 75.35 in NSE with 2.582 times change in volumes and -8.556% change in price. Other losers included Indus Towers with -8.16% price change and 2.597 times volumes, Himachal Futuristic with -8.02% price change and 0.89 times volumes, Bond 8 with -7.642% price change and 0.804 times volumes, and Indian Rail with -7.59% price change and 0.479 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.

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

Air India Express to operate its inaugural flight to Ayodhya on Dec 30. Air India Express will operate its inaugural flight to Ayodhya from the national capital on December 30 and will commence scheduled daily service on the route from January 16. The Maryada Purushottam Shri Ram International Airport at Ayodhya has an extende

ICICI Bank faces Rs 7.47 cr GST demand from Maharashtra department. The demand is based on the disallowance of input tax credit claimed, as per the GST audit conducted by the Maharashtra GST Department

Adani Green Energy announces incorporation of subsidiary Arasan Infra Two. Earlier on December 18, Adani Green had announced the incorporation of four step-down subsidiaries

Uday A Kaole appointed chairman-cum-managing director of Coal India arm MCL. Uday A Kaole has assumed the charge of the Chairman-cum-Managing Director (CMD) of Coal India arm Mahanadi Coalfields Ltd (MCL). Prior to joining MCL as its CMD, Kaole was the Director (Technical) at Bharat Coking Coal Ltd (BCCL). Kaole brings with him 36

Ford India keeps comeback plans open, reassessing Chennai plant's future. Companies such as Ola Electric, Hyundai Motor India, Tata Motors, and MG Motor also engaged in multiple rounds of discussions with Ford India's management over the last two years

ShareChat's valuation cut to .5 bn, lays off 200 employees: Reports. Company sacked 20% of its workforce in January, impacting around 500 employees

Amnesty FCRA 'violations' probe: CBI files supplementary charge sheet. The CBI has filed a supplementary charge sheet in connection with its probe against Amnesty International India Pvt Ltd and its then executive director Aakar Patel for alleged FCRA violations in which it is understood to have given details about the role o

Welspun One to invest Rs 700 crore in infra at Jawaharlal Nehru Port's SEZ. Welspun One said on Wednesday said it will develop an industrial and logistics hub at the Jawaharlal Nehru Port's Special Economic Zone with an investment of around Rs 700 crore. This investment is the second deployment from Welspun Ones' latest Fund 2, wh

Mahindra Logistics to sell its entire 39.79% stake in associate firm TLPL. Mahindra Logistics on Wednesday announced the sale of entire 39.79 per cent stake in its associate company Transtech Logistics Pvt Ltd (TLPL). Post completion of this sale, TLPL would cease to be an associate of the company. "The company...at its meeting h

TVS Motor says aiming for bigger market share in premium motorbike segment. Two and three-wheeler manufacturer TVS Motor is aiming to capture a bigger market share in the premium motorcycle segment, an official of the company said on Wednesday. The company enjoys the number two position in the premium motorbike segment in India, w

Smartphone maker Vivo India reports net profit of Rs 211 crore in FY23. Vivo India has reported profits at a time when the overall smartphone industry has seen a 10% decline in shipments

Foxconn submits application for setting up semiconductor unit: MoS IT. Taiwanese electronics manufacturing services company Foxconn has submitted an application for setting up a semiconductor fab in the country, Parliament was informed on Wednesday. Minister of state for electronics and IT Rajeev Chandrasekhar said in a writt

HDFC bank raises Rs 7,425 crore through infrastructure bond issue. Private sector HDFC Bank on Wednesday said it has raised Rs 7,425 crore via non-convertible bonds for funding infrastructure and affordable housing projects. The bank issued and allotted on Wednesday on a private placement basis 7.71 per cent unsecured, re

Cochin Shipyard, Defence ministry sign Rs 488 cr contract for ship repairs. Cochin Shipyard Limited signed a Rs 488.25 crore contract with the Defence ministry for repair and maintenance of equipment onboard naval vessels

Amidst high demand, DLF sells properties worth Rs 1,400 cr in Haryana. Realty firm DLF Ltd on Wednesday said it has sold independent floors and commercial plots for around Rs 1,400 crore in Gurugram and Panchkula, in Haryana, amid strong property demand. DLF, the country's largest real estate developer in market cap, has laun

SAT quashes Sebi's order against Biyani, others in insider trading case. The Securities Appellate Tribunal (SAT) on Wednesday quashed regulator Sebi's order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case. Dismissing the Sebi's order, t

Reliance continues to be India's most visible corporate in media: Wizikey. Reliance Industries Ltd, India's largest corporation by revenues, profits and market value, topped the 2023 Wizikey News Source ranking as India's most visible corporate in the media. State Bank of India (SBI) is a distant second on the ranking, followed b

Vivo case: Delhi court takes cognisance of ED's chargesheet in PMLA probe. A Delhi court on Wednesday took cognisance of the charge sheet filed by the Enforcement Directorate against Chinese smartphone maker Vivo-India and others in a money laundering case. Four individuals -- the MD of Lava International mobile company, Hari Om

Fintech startup EnKash gets RBI nod to operate as payment aggregator. After receiving RBI's nod to operate as payment aggregator, EnKash said that it is now poised to bring further innovation to the B2B payment business

NCLT approves resolution plan for Reliance Communications Infrastructure. Last week, the NCLT gave its approval for the sale of specific real estate properties of Reliance Communications Limited

SAP bullish on India as key market, talent hub, says Punit Renjen. SAP has about 15,000 employees in India focussed on fundamental research and development. Nearly 40% of the global R&D workforce is based in India

Vedanta board approves raising of Rs 3,400 cr NCD for refinancing purposes. These would be secured, Unrated, Unlisted, Redeemable, NCDs of face value Rs 1,00,000/- each aggregating upto Rs 3,400 crore in one or more tranches, the company said

JB Chemicals buys opthalmology brands from Novartis for Rs 964 crore. JB Chemicals and Pharmaceuticals shall offer employment to the impacted associates working on this portfolio, it said today. JB Chemicals shares ended on BSE at Rs 1466 apiece, down marginally

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far. The good run of QIPs is also expected to spill into the next year, particularly in the run-up to the general elections in April-May next year

Public should be aware of SpiceJet's inability to pay dues, says Delhi HC. The airline was also asked to submit an affidavit outlining a plan for the return of the engines to two engine lessors, Team France 01 SAS and Sunbird France 02 SAS

NTPC Group touches 300 billion units power generation mark in FY24. NTPC Group on Tuesday said it has produced 300 Billion Units (BU) of power so far this fiscal. It is the fastest ever 300 BU generation, NTPC said in a statement. The milestone was achieved in just 262 days on December 18, which is 18 days early as compare

MP Chief Minister approves Rs 464 crore for Hukumchand Mill workers. Hukumchand Mill, one of the largest mills in Indore, was closed by its management in 1991 without any prior notice

Investor sells 4.5% stake worth Rs 1,281 cr in Apollo Tyres by block deal. The key buyers included Nippon India Mutual Fund, ICICI Prudential Mutual Fund, and Edelweiss Mutual Fund, among others

Resolution professional calls for EOI for troubled GVK Gautami Power. The financial creditor, Edelweiss Asset Reconstruction Company Limited, had filed a petition to initiate a Corporate Insolvency Resolution Process (CIRP) against GVK Gautami Power

Razorpay, Cashfree receive final RBI nod for payment aggregator biz. Other players such as PayU, Paytm, JusPay, among others are yet to receive a nod from the regulator to onboard new merchants

Accenture GenAI offering sees momentum in Q1 FY24, signs 0 mn bookings. The growth trajectory in Q1 for GenAI is of significance for the top IT services players who are eyeing this segment as the next growth area

Blackstone to exit embassy office parks in biggest India block sale in FY24. Affiliates of Blackstone Inc. are seeking to exit India's Embassy Office Parks REIT in an 3 million deal that will be the country's biggest block trade this year

German airline Lufthansa orders 80 planes from Boeing, Airbus for bn. The order is Lufthansa's first buy of Boeing narrow body planes in about 30 years, as well as its first purchase of the 737 MAX model

Sony's video game plans leaked by Rhysida ransomware group: Report. Sony-owned Insomniac Games' more than 1.3 million files, including game roadmaps, budgets and information about an upcoming "Wolverine" title, have been leaked online by the Rhysida ransomware group

Accenture forecasts Q2 revenue below estimates on muted IT spending. Analysts expect IT services expenditure to remain muted in the near term as businesses typically decide their annual budgets only after February

Jeff Bezos' rocket company launches experiments, first since 2022 crash. Jeff Bezos' space company successfully launched a rocket carrying experiments on Tuesday, its first flight since engine trouble caused a crash more than a year ago. The New Shepard rocket soared from West Texas, lifting a capsule full of tests, many of whi

Amazon sellers worry over misleading AI product reviews impacting sales. Product reviews have been a central part of shopping on Amazon for almost three decades, providing word-of-mouth referrals that boost the confidence of those who otherwise might be hesitant

Hindenburg's Adani Group, Icahn calls mark year of prominent bets. The US firm kicked off 2023 with allegations of accounting fraud and stock manipulation against Indian billionaire Gautam Adani's conglomerate that led to a market value erosion of more than 0 bn

Telecom tribunal asks DoT to adjust excess Rs 755 crore collected from Vi. Last month, the Bombay High Court also issued an order in Vi's favour asking the Income Tax department to refund Rs 1,128 crore paid by the telco in taxes for AY2016-17

Not yet agreed to Zee's request for extension of deadline for merger: Sony. Sony Pictures Networks India on Tuesday said it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their merger, and is looking forward to know how the latter planned to complete the remaining critical clos

Kaynes Tech begins Rs 1,400 cr QIP; to acquire US-based firm for .5 mn. The QIP floor price is set at Rs 2,449.96 per share, and issue price will be determined after a committee meeting on December 21

Periama completes acquisition of remaining 10% stake in JSW Steel's USA arm. In October this year, JSW Steel announced that Green Suppliers and Services Pte Ltd has approached Periama about their intention to sell their stake in JSW USA

SpiceJet initiates fresh funding of 0 mn for Go First acquisition. SpiceJet is among three companies that have shown interest in acquiring the bankrupt airline

Vedanta Ltd to raise up to Rs 3,400 crore via non-convertible debentures. On Monday, Vedanta Ltd had announced its second interim dividend of Rs 11 per share for 2023-24

Tata Consumer Products in talks for acquisitions to expand globally: Report. CEO Sunil D'Souza hinted that the company would not acquire in the sector where there is already fragmentation like fizzy drinks and processed snacks

Air India starts rollout of new brand identity from Delhi, Mumbai airports. The new Air India livery will also feature on the A350 fleet and subsequently on other incoming aircraft

This person's net worth jumped most in 2023. And it's not Adani or Ambani. In terms of wealth gain in India, 73-year-old Savitri is followed by KP Singh of DLF and Kumar Birla of Aditya Birla Group

JB Pharma, Novartis ink Rs 1,089 cr deal for select ophthalmology brands. JB Chemicals & Pharmaceuticals Ltd (JB Pharma)on Tuesday said it has inked a trade mark licence agreement along with promotion and distribution pact with Novartis for select ophthalmology brands entailing a total sum of Rs 1,089 crore. The board of directo

JSW Steel arm Periama acquires JSW USA, purchases remaining 10% stake. JSW Steel on Tuesday said its arm Periama Holdings LLC (Periama) has completed the acquisition of JSW USA by purchasing the remaining 10 per cent stake in its "common stock". Periama Holdings LLC (Periama) is a wholly-owned subsidiary of domestic player JS

JTL Industries' board approves Rs 1,200 crore investment proposal. JTL Industries Ltd said its board has approved an investment proposal of Rs 1,200 crore in company's arm JTL Tubes Ltd to set up a project in Maharashtra. The investment will be funded partly from the internal accruals and partly from proceeds of a propose

Jubilant FoodWorks appoints Suman Hegde as exec VP, chief financial officer. Jubilant FoodWorks, master franchisee of Domino's Pizza and Dunkin' Donuts, on Tuesday announced the appointment of Suman Hegde as the Executive Vice President and Chief Financial Officer of the company. The board of JFL, in its meeting held on Tuesday, ap

Thai acquisition offers additional growth engine for Devyani International. Indian QSR chain expands international presence by buying firm that runs KFC outlets in Thailand

Proptech startup HouseEazy raises million from investors as seed funding. HouseEazy, a vertical marketplace for resale homes, on Tuesday said it has raised USD 1 million (over Rs 8 crore) from investors as seed funding led by Antler. Other notable investors in the round include India Accelerator, AC Ventures, Agility Ventures, F

Gamezop expands publisher offerings with Newszop, Astrozop, and Criczop. The launch of Newszop, Astrozop, and Criczop will help in boosting user engagement and driving advertising revenue

ONDC, Meta partner to empower small biz, upskill 500k MSMEs in next 2 yrs. The Meta Small Business Academy offers entrepreneurs and marketers a certification in digital marketing skills to grow on the Meta apps

AkzoNobel appoints Rajiv Rajgopal as decorative paints South Asia head. The company has also appointed Rohit Totla as sales and marketing director and designated India as the regional headquarters for South Asia, January 1, 2024 onwards

Battery recycling startup BatX Energies raises mn in early stage funding. Battery recycling startup BatX Energies on Tuesday said it raised USD 5 million (over Rs 40 crore) in an early stage funding round led by Zephyr Peacock. Lets Venture as well as existing investors JITO Angel Network and family offices of Mankind Pharma, Ex

Varun Beverages Ltd to acquire The Beverage Company for Rs 1,320 cr. Varun Beverages Limited said that the indicative time period for the completion of the acquisition is on or before July 31, 2024

JSL gets board approval to acquire Rabirun Vinimay for Rs 96 crore. Jindal Stainless Limited (JSL) on Tuesday said its board of directors has approved the acquisition of Rabirun Vinimay Private Ltd which is under liquidation. The cost of the acquisition is Rs 96 crore, JSL said in a regulatory filing. "The Board of Directo

Software firm Ebix files bankruptcy after short-seller attacks, debt woes. Publicly traded Ebix is the parent of Indian fintech company EbixCash, which facilitates payments, foreign exchange and prepaid gift cards.

Swiggy unveils Pockethero, food delivery for budget-conscious customers. Pockethero offers free delivery and up to 60 per cent discounts to ensure significant customer savings

Biocon Biologics completes integration of Viatris' biosimilars business. Biocon Biologics bought Viatris' global biosimilars business last year to become one of the top five global players in the space

British firm Arm lays off over 70 engineers in China, relocating roles. Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.

RBZ Jewellers IPO to open on Tuesday with price set at Rs 95-100 per share. RBZ Jewellers on Monday said it has fixed a price band of Rs 95-100 per share for its initial share sale that will open for public subscription on December 19. The three-day Initial Public Offering (IPO) will conclude on December 21, the company said in a

Zydus Noveltech dissolved for not generating 'meaningful revenue'. It had nil operating revenue and a net worth of Rs 10 crore as of March 31, 2023

Targeting 20% revenues from non-lounge services in 5 years: DreamFolks CMD. The company currently earns 99% of its revenues from providing technology solutions connecting banks (and their debit and credit cards) with airport lounges

Nirma Ltd to raise upto Rs 3,500 cr for business growth, acquisition. The company has proposed to acquire Glenmark Life Sciences Ltd (GLSL) to diversify its business. The acquisition is likely to be funded largely through debt

Google vs MakeMyTrip trademark case: A curious case of 'confusion'. The order has opened up a new debate on trademark infringement in the digital realm, revolving around whether it can create confusion among users

Adani Green Energy announces incorporation of four step down subsidiaries. Adani Green Energy has incorporated four step down subsidiaries -- Adani Renewable Energy Sixty, Adani Renewable Energy Sixty Two, Adani Renewable Energy Sixty Three and Adani Renewable Energy Sixty Four. The four step down entities have an authorised and

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NSE share market NEWS tomorrow (20 December, 2023). NSE stocks in NEWS (tomorrow)

 

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