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NSE share market NEWS tomorrow (12 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (12 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 December 2023

Ireda 8 was amongst the top gainers, currently trading at 101.85 in NSE with 1.821 times change in volumes and 19.824% change in price. Other gainers included Tata Elxsi with 5.395% price change and 11.81 times volumes, Yes Bank with 5.185% price change and 2.919 times volumes, Hdfc Stand with 5.182% price change and 5.664 times volumes, and Iifl Holdings with 4.637% price change and 3.563 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.

Pi Industries was amongst the top losers, currently trading at 3484.00 in NSE with 6.714 times change in volumes and -9.961% change in price. Other losers included Prestige Estates with -6.391% price change and 1.523 times volumes, One 97 with -6.107% price change and 2.998 times volumes, Titagarh Rail with -5.037% price change and 0.595 times volumes, and Adani Green with -4.32% price change and 0.742 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.

SpiceJet board okays Rs 2,250 crore fundraising from 64 investors. Airline slips back to loss in second qtr

Wipro inks three-year cloud migration deal with insurance company RSA. Wipro said it will help RSA build a "compliant, secure, and scalable IT infrastructure". The three-year engagement builds on Wipro and RSA's existing relationship, which began in 2016

State-owned Coal India's capex rises 7.6% to Rs 10,492 cr in Apr-Nov period. State-owned CIL on Tuesday said that its capital expenditure increased by 7.6 per cent to Rs 10,492 crore in the first eight months of the ongoing financial year. The public sector enterprise's captital expenditure was Rs 9,751 crore in the year-ago perio

Tata Motors reports highest-ever monthly retail sales in November. Tata Motors recorded its highest-ever monthly retail sales in November on the back of robust demand for its sports utility vehicles amid the festive period, according to a top company official. In an interaction with PTI, Tata Motors Passenger Vehicles Man

Air India unveils new uniform collection designed by Manish Malhotra. Private carrier Air India on Tuesday unveiled its new collection of uniforms, designed by Manish Malhotra, for its cabin and cockpit crew. The new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service o

Poonawalla HF gets a new name, rebrands as Grihum Housing Finance. The global private equity firm -- TPG acquired a 99.02 per cent equity stake in the company, taking over from Poonawalla Fincorp earlier this year

BBC staff to launch Indian language services company in line with FDI norms. The broadcaster is under scrutiny for alleged foreign exchange violations in India and an investigation was launched shortly after tax authorities searched BBC's offices in Delhi and Mumbai in Feb

Spandana Sphoorty Financial eyes AUM to grow to Rs 28,000 cr by FY28-end. As for geographic diversification, Spandana plans to reduce the share of the top three states to 36 per cent by FY28 from the current 44 per cent. The share of any one state would be capped at 12 %

Adani Group to invest 0 billion in the next decade for energy transition. The company said Adani portfolio businesses have an active strategy to decarbonise, pledge to plant 100 million trees by 2030, and undertake innovative pilot projects

Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft. Basmati rice company GRM Overseas on Monday said it has sold more than 3 per cent stake in its subsidiary GRM Foodkraft to venture capital fund Sauce.vc for an undisclosed amount. Sauce has also acquired an additional 1 per cent stake from other shareholde

SpiceJet-Wilmington Trust SP Services in deadlock over rental agreement. Spicejet said that as per the repayment schedule of arrears they received, the total amount due from February to December alone was ,560,011

Rajeev Prakash appointed as govt nominee director of BEML's board. State-owned BEML on Tuesday said Rajeev Prakash has been appointed as the Government Nominee Director on its board. Prakash will replace Surendra Prasad Yadav, the company said in a filing. "The President of India has appointed Rajeev Prakash as Government

ITC to ramp up hotel room inventory by 50% in the next five years. The company, at its institutional investors and financial analysts day on Tuesday, said that it was targeting to reach 200 hotels

KPIT unveils India's 1st sodium-ion battery tech, looks at revenues in a yr. In a country-first, KPIT Technologies unveiled sodium-ion battery technology on Tuesday. The technology, developed in-house by researchers at the city-based company over the last eight years, will be put through external testing, and deliver revenues after

Boeing within range of airplane delivery goal after strong November. Deliveries for last month were the highest since June and included 45 737 MAXs and one P-8 maritime patrol aircraft, Boeing said, confirming a Reuters report from last week

Apple offers to let rivals access tap-and-go tech in antitrust case: Report. The European Commission is likely to seek feedback next month from rivals and customers before deciding whether to accept Apple's offer, the people said

Deal activity doubles in Nov to .5 bn as large transactions surge: Report. Deal activity more than doubled to USD 6.541 billion in November as compared to October on the back of a surge in high-value transactions, according to a report on Tuesday. In October, the total deal activity in India was pegged at USD 2.687 billion in val

Retail major Walmart sources bicycles from India, partners Hero Ecotech. Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero Ecotech. The first India-made bicycles are hitting select stores in the US market just in time for the holidays, Walmart said in a state

SBI Mutual Fund buys 1.5% stake Karur Vysya Bank for Rs 190 crore. SBI Mutual Fund on Tuesday acquired shares of scheduled commercial bank Karur Vysya Bank for Rs 190 crore through open market transactions. According to the bulk deal data available with the BSE and NSE, SBI Mutual Fund (MF) purchased a total of 1,20,00,00

RIL, Brookfield Infra, Digital Realty set up data centre joint venture. Reliance Industries, infrastructure firm Brookfield Infrastructure and Digital Realty have concluded a transaction to set up a three-way joint venture for data centre services, an official statement said on Tuesday. The three companies entered into an agre

The Infosys saga: A leadership factory or a company facing crisis. The company has seen nine senior level exits in 2023 alone

ITC's FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad Rs 8k cr brand. Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the last three years while its Aashirvaad brand has become an Rs 8,000 crore product in terms of consumer spends, according to a company presentation. ITC

Indian developer community cheers Epic Games win against Google in the US. In the latest case, the jury also observed that the company hurt competition by tying Google Play store with its payment services

Adani Group contractor probed by govt resurfaces under a new name. The contracting firm - Howe Engineering Projects (India) Pvt Ltd. - contains the core operations of a business called PMC Projects Pvt Ltd. that India's government alleged in 2014 was being used

BBC World Service India to restructure shareholding for FDI norm compliance. In response to the Centre's FDI guidelines, BBC World Service India, 99.99 per cent owned by BBC, may initiate a shareholding restructuring, potentially involving stake offerings to key executives

Corning to set up Rs 1,000 crore Gorilla Glass facility in Tamil Nadu. Corning has picked Tamil Nadu over Telangana due to its proximity to other Apple suppliers like Foxconn and Pegatron

Hindalco to invest Rs 800 cr for 25,000-tonne battery foil plant in Odisha. Hindalco Industries said that it has already achieved the technology breakthrough of manufacturing battery foils at its Mouda unit in Maharashtra

Cognizant shifts to asset-light model; to sell assets in Hyderabad, Chennai. The company has already vacated 1.15 million square feet of office space in Chennai, including 500,000 square feet in the DLF Cybercity SEZ and 650,000 square feet in the Ramanujan IT SEZ

Zomato looks to venture into catering business to expand market share. Zomato had launched a multi-cart option in June which helps users to order from several restaurants at the same time

OYO elevates Rakesh Kumar as Chief Financial Officer with effect from Jan 1. Hospitality technology platform OYO on Tuesday announced the elevation of Rakesh Kumar to Chief Financial Officer (CFO) with effect from January 1, 2024. Abhishek Gupta, the current CFO, will continue with OYO in an advisory and mentorship capacity, OYO sa

Disney, Reliance Industries close in on deal to merge India media ops. Plans for a step-down subsidiary of RIL's Viacom18 are being floated to absorb Star India through a stock swap

Hindalco plans Rs 800 cr investment to set up battery foil mfg unit. Aluminium producer Hindalco Industries on Tuesday announced its plan to set up a battery foil manufacturing facility at Sambalpur in Odisha with an investment of Rs 800 crore to tap the fast-expanding electric vehicle market. The facility, to be commission

USFDA issues Form 483 with 5 observations to Torrent Pharma's Guj unit. Torrent Pharmaceuticals Ltd on Tuesday said the US health regulator has issued Form 483 with five procedural observations after inspecting its oral manufacturing facility situated at Bileshwarpura in Gujarat. As per the US Food and Drug Administration (USF

Omidyar Network decides to exit Indian market after a decade of operations. 'Omidyar Network India will stop making new investments and will completely transition out of the market by the end of 2024,' said the company in a blog post

Sun Pharma revises upwards price to fully acquire Taro to per share. Sun Pharmaceutical Industries on Tuesday said it has revised upwards the price at which it proposed to fully acquire Israel-based Taro Pharmaceutical Industries to USD 43 per share in cash. In May this year, the company announced a non-binding indication o

Tata Communications to deploy 'digital fabric' technology at all JLR sites. Tata Communications has already commenced implementation of the network transformation program and will complete the deployment by 2025

Employers in India bullish globally on hiring in 2024 March qtr: Survey. Corporate India's hiring sentiment for the next three months is one of the highest across the world, with 37 per cent of employers planning to increase their staff strength amid buoyant domestic demand conditions, says a survey. According to the latest Man

CBI opposes statutory bail granted to DHFL's Wadhawans in loan scam case. The CBI on Tuesday assailed in the Supreme Court the statutory bail granted by courts below to former Dewan Housing Finance Corporation Limited (DHFL) promoters Kapil Wadhawan and his brother Dheeraj in connection with a multi-crore rupees bank loan scam c

Apple supplier in India working on setting up worker dormitories: Report. Foxconn's AirPods facility at Kongara Kalan near Hyderabad's airport is expected to include a dormitory for its workers

Adani Ports to raise 0 million through non-convertible debentures. The company, which operates 13 ports and terminals in the country including its largest container handling port

Crisis-hit SpiceJet to raise Rs 2,250 crore through equity shares. Crisis-hit SpiceJet on Tuesday said it will raise fresh capital of Rs 2,250 crore through issuance of equity shares. The airline's board has approved the issuance of equity shares/equity warrants under a private placement basis. The proposed fund infusion

Volkswagen Passenger Cars India to hike prices by up to 2% from Jan. Volkswagen Passenger Cars India on Tuesday said it plans to hike prices by up to 2 per cent across model range to offset adverse impact of rising input and material costs from January 1, 2024. Already other manufacturers such as Maruti Suzuki, Hyundai Moto

Air India ordered to pay Rs 2 lakh to passengers for multiple flight delays. The NCDRC said in its order that in the event of flight cancellations or major delays, passengers are entitled to necessary services

Swiggy disbursed Rs 102 cr in loans to delivery partners in last 12 months. Swiggy receives over 1.5 lakh loan applications monthly. It has partnered with Betterplace and Refyne to enable loans. There is no limit to the number of loans delivery partners can apply

Godrej eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram. Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties. The company will develop nearly 750

IPO-bound Oyo elevates Rakesh Kumar as new chief financial officer. Kumar will replace Abhishek Gupta, who will continue with Oyo in "an advisory and mentorship capacity

SC defers hearing on CBI plea against bail to Chanda Kochhar in fraud case. The Supreme Court on Tuesday deferred until January 3, 2024 the hearing on CBI's plea challenging the Bombay High Court order granting bail to former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in a loan fraud case. A bench comprisi

CoinSwitch unveils umbrella brand PeepalCo; aims for wealth-tech expansion. The company said the leaders of each business segment will have independent operational and financial accountability

Wipro, RSA ink new multi-year contract to accelerate cloud migration. The contract will accompany RSA on its journey over the next couple of years to modernise its infrastructure and the use of Cloud technology

Ashneer Grover approaches NCLT seeking reinstatement as BharatPe MD. Ashneer Grover also sought the revocation of the termination of his wife Madhuri Jain Grover and directions to revert any new shares issued by the firm since his resignation

Hindalco to invest Rs 800 cr in setting up a battery foil plant in Odisha. Hindalco expects the demand for battery-grade aluminium foil in India to reach 40,000 tonnes by 2030

Majority of Inian workers likely to stay given good organisational culture. India has emerged as the leading country in terms of workplace culture, as a significant percentage of Indian workers consider a positive organisational culture as a primary factor for their commitment, according to a report. As per the recent research con

Ola Electric registers Rs 2,782 crore revenue in FY23, losses down 43%. The Bhavish Aggarwal-led company said that it has set in motion a few initiatives for strong growth and profitability in the near future

IOC, LPG carriers reach truce after month long protest, NE supplies resume. Indian Oil Corporation's LPG cylinder transporters have withheld their agitation for a month after the company agreed to several of their demands, officials said on Monday. Members of the North East Packed LPG Transporter Association (NEPLTA) had on Decemb

Relaxo Footwears to acquire land parcel at Bhiwadi at Rs 135 crore. Leading shoemaker firm Relaxo Footwears Ltd on Monday said it will acquire a 30-acre land Parcel in Bhiwadi, Rajasthan, at Rs 135 crore. The land at Pathredi Industrial Area, which is being acquired through a bidding in an e-auction, is for future manufact

Tata Passenger Electric Mobility arm ties up with 4 charge point operators. Tata Passenger Electric Mobility (TPEM) on Monday said it has tied up with charge point operators Chargezone, Glida, Statiq, and Zeon. The company, a part of Tata Motors, has inked a memorandum of understanding (MoU) with the four charge point operators (C

Microsoft reaches agreement on union contract terms governing its AI use. Microsoft has revamped almost its entire product lineup, including Office, Windows, search and security software, to add features based on OpenAI technology

BDO Restructuring Advisory re-invites bids for gaming company SMAAASH. The Corporate Debtor (SMAAASH) has been involved in ongoing litigations, especially in connection with the trademarks and other brand content

Fedbank Financial Services posts 25.12% growth in profit during Q2FY24. The Net Interest Income (NII) of the company rose by 29 per cent to Rs 207.30 crore from Rs 160.40 crore in the second quarter of the financial year 2023

Kinetic's high-speed e-scooter Zulu comes with battery subscription plan. The battery subscription model is claimed to have reduced the acquisition cost by over 35 per cent and offers significant savings on running costs

Infosys appoints Jayesh Sanghrajka as CFO as Nilanjan Roy resigns. Sanghrajka comes with over 25 years of work experience and is a chartered accountant by qualification

Order backlog and pipeline offer strong revenue visibility for BEL. Brokerages believe that the existing orders and incremental orders to follow should help the company exceed its annual targets

Realty firm DLF CFO Vivek Anand resigns, MD Tyagi given additional charge. Realty firm DLF on Monday said its Chief Financial Officer (CFO) Vivek Anand has resigned from the company. He will continue as CFO till February next year. DLF MD Ashok Kumar Tyagi, who has the overall responsibility for all corporate functions including

SpiceJet board adjourns meeting, to discuss funding plans on Tuesday. Crisis-hit SpiceJet's board of directors will continue to discuss fundraising plans on Tuesday after it could only partially complete the agenda items on Monday. On Monday, the no-frills airline's shares touched a 52-week high and ended with more than 10 p

Supreme Court agrees to hear bankruptcy plea against Zee founder. IDBI Trusteeship is the debenture trustee of 425 debentures worth Rs 425 crore issued by Essel Infraprojects Limited (EIL)

FAME subsidy needed for 3-5 years: Kinetic Green founder and CEO. Motwani spoke about the need to have subsidies under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) for three-five year

Toys 'R' Us to start manufacturing in India by mid next year: Report. Business Standard on Monday reported that the company expects India to be among its top five in the next four to five years

Zydus, Daewoong collaborate to co-develop, market Leuprolide Acetate. Daewoong will leverage its proprietary technology to produce Leuprolide Acetate for Depot Suspension in its manufacturing facilities located in Osong, South Korea

JSW Steel reports 11% rise in consolidated crude steel production in Nov. JSW's consolidated crude steel production was at 1.94 MT in the same month last year

Rajiv Jain-led GQG's billion India bet has winning picks beyond Adani. The value of India investments across six of GQG's funds jumped to .9 billion compared with .4 billion a year earlier, according to data compiled by Bloomberg

JSW USA to raise 5 mn loan for capex Moody's affirms stable ratings. Company's reliance on long-term external financing will be critical, says agency

Vaishali Kasture resigns as AWS India's interim country head in five months. Vaishali Kasture had taken over from the former president of commercial business, Puneet Chandok, in July this year

Tata Power ties up with Indian Oil to set up over 500 EV charging stations. IOCL said it is aiming to provide 10,000 EV charging stations in India by 2024 transforming the retail network to complete energy solutions outlets

Adani Green Energy to raise 0 million to refinance 2024 dollar bond. The refinancing plan for Adani Green's 0 million Dec. 10, 2024 bond, dated Dec. 8, fulfills a requirement laid out in the terms of the note

Mahindra to launch XUV300 facelift next year, to also get EV version. The XUV300 EV will be placed below the on-sale XUV400, which is a fairly large vehicle at 4200 mm when compared to the XUV300, an under 4-metre car

Over 7,700 cos voluntarily exited biz since setting up C-PACE: Govt. More than 7,700 companies have voluntarily closed down their business in the country since the setting up of the Centre for Processing Accelerated Corporate Exit (C-PACE) in May this year, and the time taken for voluntary exit has come down to around 110 d

EPFO invested Rs 27,105 crore in exchange trade funds in Apr-Oct: Govt. Retirement fund body Employees' Provident Fund Organisation (EPFO ) has invested Rs 27,105 crore in exchange-traded funds (ETFs) during the current fiscal till October, Parliament was informed on Monday. EPFO had invested Rs 53,081 crore in the ETFs during

LIC to infuse Rs 25 crore into its subsidiary LIC MF Asset Management. LIC MF ranks 23rd among fund houses in terms of assets under management (AUM). In the September 2023 quarter, the fund house's average AUM was Rs 24,257 crore

Tata Power, Indian Oil tie up to deploy 500 EV charging points across India. Tata Power on Monday said its subsidiary Tata Power EV Charging Solutions has inked an agreement with India Oil Corporation Ltd (IOCL) to install more than 500 fast and ultra-fast electric vehicle (EV) charging points across India. Tata Power will install

Adani Group Ebitda surges record 47% in first half to cross Rs 43,000 cr. Adani Group on Monday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses. "Core infrastructure businesses

ONDC have to address liability issue to build trust: Consumers Affairs secy. Consumer Affairs Secretary Rohit Kumar Singh on Monday asked the Open Network for Digital Commerce (ONDC) to resolve the issue relating to liability, which is important for consumers to get satisfactory services. He said that the government-promoted ONDC h

Adani's bond rebound almost erase losses incurred from Hindenburg report. The rebound suggests the conglomerate, once termed "deeply overleveraged" by research firm CreditSights, is finding favor with investors again

Airlines can save Rs 150-180 cr by using Eastern Cross Taxiways: DIAL CEO. Airlines are likely to save around Rs 150-180 crore annually by using the Delhi airport's Eastern Cross Taxiways that help reduce taxiing time as well as fuel consumption by aircraft, according to a top official. The Indira Gandhi International Airport (IG

USFDA pulls up Intas Pharma for manufacturing lapses at Ahmedabad plant. The US health regulator has pulled up Intas Pharmaceuticals for manufacturing lapses, including violation of current good manufacturing practice (CGMP) regulation, at its Ahmedabad-based plant. In a warning letter to the company's CEO and MD Nimish Chudgar

Sony confident for double-digit growth in India, helped by premiumisation. Consumer electronics maker Sony India expects a 15-20 per cent growth in this fiscal with the trend of premiumisation in the Indian TV and audio market helping it make a turnaround, a top company official said. The company's premium television category com

Manu Ahuja, MD &CEO of Jubilant Agri and Consumer Products, passes away. Ahuja was appointed as MD and CEO in May 2018. Manu Ahuja was an alumnus of XLRI Jamshedpur and Thapar Institute of Engineering, Patiala

Tata Motors to hike commercial vehicle prices by up to 3% from January 1. Tata Motors on Sunday said it will hike prices of its commercial vehicles by up to 3 per cent from January 1, 2024, to offset the residual impact of the past input costs. The increase will be applicable across the range of commercial vehicles, Tata Motors

Adani group to spend Rs 7 trn in capex over next ten years across verticals. Adani group will spend Rs 7 lakh crore in capital expenditure over the next 10 years and its billionaire chairman Gautam Adani has shared some details of the plans which will further consolidate the conglomerate's position as infrastructure leader in India

Tata Projects to raise up to Rs 750 cr via non-convertible debentures. TPL raised two subordinated NCDs of Rs 500 crore each in FY22 and FY23, which have a redemption tenure of six and half years and six years, respectively

ToysRus expects Indian market to be among the top 5 in next 4-5 years. Prior to the BIS norms, India heavily relied on imports from China for these toys

Mortgage firm SRG Housing Finance aims to hit Rs 750 cr AUM next fiscal. Mortgage firm SRG Housing Finance plans to achieve Rs 750 crore asset under management (AUM) during the next financial year, a top company official has said. "We have achieved AUM of Rs 500 crore in the last quarter. We hope to achieve the next milestone o

Fintechs rule the roost in India's startup ecosystem this year, shows data. While the overall investment paints a gloomy picture, a handful of firms raised big-ticket funding, and some sectors managed to hold ground

TVS Motor donates Rs 3 crore for cyclone relief work in Tamil Nadu. TVS Motor Company on Saturday said it has donated Rs 3 crore to the Chief Minister's Relief Fund to aid relief work in the wake of flooding and damage caused by cyclone Michaung in Tamil Nadu. The money will be used to provide necessary flood relief and su

Bimal Dayal appointed as CEO of Adani Infra, will oversee energy projects. Adani Energy Solutions' transmission business chief Bimal Dayal has been appointed as the CEO of Adani Infrastructure India. Dayal will oversee the implementation of the pipeline of infrastructure projects in thermal, renewable energy and green hydrogen by

Tata, Nissan among automakers assisting Cyclone Michaung-affected customers. Automobile manufacturer Tata Motors has launched a service plan to assist customers impacted by cyclone Michaung in Tamil Nadu and parts of Andhra Pradesh. The company has implemented a comprehensive service plan across its range of passengers and electric

Penalty stayed on NTPC for non-disclosure of private firm stake acquisition. The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on state-owned power producer NTPC for not disclosing the acquisition of 35.47 per cent equity share capital in Ratnagiri Gas & Power Private Ltd. The Competi

TVS Motor launches new variant TVS Apache RTR 160 4V at Rs 1.34 lakh. Two and three-wheeler manufacturer TVS Motor has launched the TVS Apache 160 4V motorcycle equipped with Dual Channel ABS and Voice Assist, widening its product portfolio. The new bike, priced at Rs 1,34,990 (ex-showroom Tamil Nadu) was in line with TVS Mo

Airblack raises Rs 33 crore led by Micheal & Susan Dell Foundation. Since starting three years back, over 35,000 students in 300 cities have enrolled in Airblack courses

AI startups that help fight cancer, fraud picked for Google accelerator. 20 companies will be mentored for solutions that 'positively impact various industries and transform lives', says tech giant

Max Healthcare Institute acquires Starlit Medical Centre for Rs 940 crore. Within its current network, it has 3,533 beds, and following this acquisition, the total bed count would approximately touch around 4,083 beds

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