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NSE share market NEWS tomorrow (01 December, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (01 December, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 December 2023

Power Finance was amongst the top gainers, currently trading at 365.15 in NSE with 1.217 times change in volumes and 9.033% change in price. Other gainers included Dixon Techno with 8.004% price change and 4.696 times volumes, Rural Electrification with 7.256% price change and 1.469 times volumes, Bharat Dynamics with 5.302% price change and 3.809 times volumes, and Macrotech Developers with 4.276% price change and 0.07 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.

Tata Technologies was amongst the top losers, currently trading at 1220.60 in NSE with 0.401 times change in volumes and -7.037% change in price. Other losers included Ireda 8 with -3.905% price change and 0.368 times volumes, Ashok Leyland with -3.74% price change and 0.574 times volumes, Apl Apollo with -2.53% price change and 0.045 times volumes, and Uno Minda with -2.325% price change and 0.422 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.

Deepfake is not in our interest, firm complies with all local laws: YouTube. Deepfake videos are not in the interest of YouTube as none of the stakeholders want to associate themselves with platforms that allow fake news or misinformation, a senior company official has said. YouTube, India Director, Ishan John Chatterjee on Thursda

GAIL seeks .8 bn from former Gazprom unit for non-delivery of LNG. State-owned Gail India on Friday said it has initiated legal proceedings against a former unit of Russian energy giant Gazprom for non-delivery of LNG and has sought USD 1.817 billion in damages. In a stock exchange filing, the gas utility said it has file

IT firm LTIMindtree selected as a strategic partner by Metasphere. Metasphere, part of Grundfos, provides smart network management solutions to the global utility industry

Netflix, Viacom18 among streaming firms set to oppose broadcasting bill. The Bill proposes the formation of individual content evaluation committees with members from various social groups who will review and sign off on shows before they are released

Adani Group plans billion spending after Hindenburg market rout. During an annual address to shareholders in July, Adani announced grand expansion targets across his ports, energy and infrastructure businesses

'Future-ready' HUL to split beauty and personal care biz on April 1. The beauty will transition into its beauty & wellbeing and personal care businesses and both divisions will have their own executive directors

Honda Cars India wholesales increase 24% to 8,730 units in November. Honda Cars India on Friday reported a 24 per cent increase in wholesales to 8,730 units in the domestic market in November. The company had dispatched 7,051 units in the domestic market in November 2022, Honda Cars India Ltd (HCIL) said in a statement. Exp

Royal Enfield's total wholesales rise 13% to 80,251 units in November. Mid-sized motorcycle maker Royal Enfield on Friday reported a 13 per cent rise in total wholesales to 80,251 units in November 2023. The company had dispatched 70,766 units in the same month last year, Royal Enfield said in a statement. Domestic sales were

HUL appoints former revenue secy Tarun Bajaj as independent director. Bajaj belongs to the Indian Administrative Service, 1988 batch, Haryana Cadre, and was the Revenue Secretary of the Government of India before superannuating in November 2022

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag. Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

Tata Steel says it completes merger of S & T Mining Company with itself. Tata Steel on Friday said it has completed the merger of S & T Mining Company Ltd with itself. The scheme of amalgamation of S & T Mining Company Ltd ('S&T Mining') into and with Tata Steel Ltd was approved and sanctioned by National Company Law Tribunal (

Zee-Sony merger: IDBI Trusteeship files appeal against Chandra at NCLAT. The appeal challenges the National Company Law Tribunal (NCLT) Mumbai order rejecting IDBI trusteeship's objection to the merger

Broadcom to cut almost 1,300 VMware jobs in California after takeover. Broadcom, whose other operations include making chips used by companies including Apple Inc. and Alphabet Inc.'s Google, will report earnings next week

Meta asked to clarify measures against child sexual abuse by Dec 22. The request for information was done under the EU's Digital Services Act (DSA), new tech rules requiring Big Tech to do more to police illegal and harmful content on their platforms

Adani Group to take call on Wilmar JV stake divestment in three months. "We are currently studying whether to keep or divest Wilmar stake," group CFO said

Centre says over 120,000 new companies incorporated during Apr-Nov. More than 1.2 lakh new companies were incorporated in the country in the first nine months of the current financial year, higher than the registrations during the year-ago period, according to the latest official data. According to data from the corporate

Air India completes title transfer of fourth A350 aircraft, says CEO. Air India has completed the title transfer of its fourth A350 aircraft, and it is scheduled to arrive in February 2024. The Tata Group-owned carrier expects the first A350-900 aircraft to arrive in India this month. "On the aircraft front, we completed the

Bharti Telecom buys 1.35% stake in Bharti Airtel for Rs 8,301 crore. Bharti Telecom on Friday bought a 1.35 per cent stake in telecom provider Bharti Airtel for Rs 8,301 crore through an open market transaction. Bharti Telecom is the largest promoter of Bharti Airtel Ltd with a 38.35 per cent stake as of September 30. Accor

Toyota Kirloskar Motor sales up by 51% at 17,818 units in November. Toyota Kirloskar Motor on Friday reported 51 per cent growth in sales at 17,818 units in November 2023 as compared to the year-ago month. The company had sold 11,765 units in November 2022, Toyota Kirloskar Motor (TKM) said in a statement. Domestic sales l

Bajaj Auto November sales: Total vehicle sales up 31%, exports struggle. Bajaj Auto also reported an impressive jump of 81% Y-o-Y for commercial vehicles, which went up from 177,671 to 321,140 units for November 2023

Amazon India set for top-deck reshuffle, changes likely in structure. It will be the first such change in ten years of Amazon's existence in India

M&M November sales: Total sales up 21% to 70,576 units, SUV sales shine. Exports for November 2023 were down 42% year-on-year. Year-to-date exports until November 2023 also dropped 17%, reaching 17,986, compared to 21,633 units exported during the same period in FY23

Airtel explores bn fundraising to prepay majority of 2015 spectrum dues. Bharti Airtel bought a spectrum worth Rs 29,130.20 (.54 billion) during an auction in March 2015 out of which Rs 10,000-12,000 crore remains in dues

Mahindra sales rise 21% to 70,576 units in November, export declines. Mahindra & Mahindra on Friday said its total wholesales increased by 21 per cent year on year to 70,576 units in November. The Mumbai-based automaker had dispatched 58,303 units in November 2022. Utility vehicle dispatches stood at 39,981 units last month,

VST Tractors November sales: Total sales drop 19%, tractor sales down 46%. The company registered a rise in its YTD sales data until November 2023, which stood at 22,875 units, 6.9% more when compared to 21,393 units sold during the same period last year

Tata Motors November sales: Overall sales drop 1% YoY to 72,647 units. Tata's commercial vehicle sales stood at 28,029 units in November 2023, which was down 4 per cent year-on-year from 29,053 units sold in November 2022

Raymond reiterates commitment to protect interests of minority shareholders. Shares of Raymond have declined over 14 per cent in a month. In the past 12 trading sessions, the stock has declined 20 per cent

Raymond independent directors hire lawyer to protect minority shareholders. Company's interests 'paramount consideration', they say as fight between chairman Gautam Singhania and his estranged wife pulls down market value

Persistent Systems adds 4 execs to leadership team to fuel growth plans. Digital engineering services firm has a target of doubling annual revenue to bn by 2026

Maruti Suzuki November sales: Total sales up 3.39%, SUV sales rise 50%. The mid-sized sedan, Ciaz clocked just 278 units last month as compared to 1,554 units in November 2022

CIL's coal output rises 11.5% to 460 mn tonnes during April-November. State-owned CIL on Friday said its coal production grew by 11.5 per cent to reach 460 million tonnes (MT) during the April-November period of the ongoing fiscal. CIL accounts for over 80 per cent of domestic coal output. The company had produced 412.5 MT o

Fintech firm Amazon Pay launches sign language video KYC service. Company says it has trained more than 120 employees for the service and developed interactive modules

IHH seeks acquisitions in Indonesia, Vietnam; eyes turnaround in China. IHH is in the midst of reviewing its strategy for China where its operations are currently loss-making

Tata Consumer Products announces appointment of Ashish Goenka as Group CFO. Tata Consumer Products Ltd on Friday announced the appointment of Ashish Goenka as Group CFO with effect from December 18, 2023. Goenka, currently employed with Jubilant Foodworks Ltd as its President & CFO, brings more than 20 years of experience in finan

JSW Energy appoints Sharad Mahendra as Joint MD & CEO, effective Feb 1. JSW Energy Ltd on Friday announced appointment of Sharad Mahendra as Joint Managing Director and CEO of the company. His appointment is effective from February 1, 2024, the company said in an exchange filing. "Consequent to the vacancy created on account o

Fantasy sports companies get World Cup boost, witness growth in revenue. Spurred on by the increased traffic, gaming unicorn Dream11 - the largest Indian platform for fantasy gaming - breached the 200 million threshold of registered users on its platform

Zydus Lifesciences receives USFDA approval for Ivabradine tablets. On Friday, shares of Zydus Lifesciences were up/down by 0.34 per cent, ending the day's trade at Rs 640 apiece on the BSE

Google pushes for antitrust action against Microsoft in UK cloud market. In a letter submitted to the CMA, Google said Microsoft's licensing practices unfairly discouraged customers from using competitor services, even as a secondary provider alongside Azure

TVS Motor November sales: Total sales up 31% YoY to 364,231 units. TVS sold a total of 16,872 units of electric two-wheelers in November 2023 as against 10,056 units sold in November 2022

Bharti Telecom acquires 1.35% stake in Bharti Airtel through block deal. Bharti Telecom's stake in Bharti Airtel now stands at 39.59 per cent

Venture capital firm Anicut invests Rs 133 cr in TAO Digital Solutions. Venture capital firm Anicut Capital has invested Rs 133 crore in US-based TAO Digital Solutions through private credit fund, GAF-4, the investment company said on Friday. Launched in the first quarter of the current fiscal, GAF-4 is Anicut's third private

Hinduja's Ashok Leyland witnesses 3% decline in total sales in November. Hinduja Group flagship company Ashok Leyland has witnessed a 3 per cent decline in its sales in domestic and overseas markets by selling 14,053 units in November, the company said on Friday. The city-based commercial vehicle maker sold 14,561 units during

MG Motor India retail sales increase by 2% to 4,154 units in November. MG Motor India on Friday said its retail sales increased by 2 per cent to 4,154 units in November 2023. The automaker had sold 4,079 units in November 2022. EV sales continued to account for around 30 per cent of the total vehicles sold last month, MG Moto

Ola Electric achieves all-time high registrations of 30,000 units in Nov. The firm said its Ola S1 Pro and S1 Air have been witnessing a tremendous response from customers during the festive season

Auto-tech solution provider CarDekho Group merges Revv with itself. Auto-tech solution provider CarDekho Group on Friday announced the merger of shared mobility platform Revv with itself. This strategic partnership reaffirms the group's commitment to seamlessly integrating technology within the ecosystem, catering to the d

HCCB to launch Rs 1,387-crore Maharashtra greenfield factory in Feb. The facility will utilise water sourced from the Vashishti River, supplied through the MIDC pipeline

Money 'extorted' from Dalmia was embezzled from Ansals, Delhi court told. In a surprising turn of events, a Delhi court was on Thursday told that Rs 6 crore reportedly extorted by alleged conman Sanjay Prakash Rai alias Sanjay Sherpuria from Dalmia Family Office Trust, in which Gaurav Dalmia is a trustee, was part of the money t

Strike cuts Ford sales by 100,000 vehicles, cost .7 billion in profits. A six-week United Auto Workers strike at Ford cut sales by about 100,000 vehicles and cost the company USD 1.7 billion in lost profits this year, the automaker said Thursday. Additional labour costs from the four-year and eight-month agreement will total U

UltraTech Cement to buy Kesoram's cement business in 5 million deal. As a part of the deal, UltraTech will issue one share for every 52 shares of Kesoram and give UltraTech ownership of two integrated cement units in states of Karnataka and Telangana

Jewellery brand Tanishq expands footprint in US, opens two stores in Texas. Tanishq, an Indian jewellery brand, has opened its store here and in Frisco as part of its global business expansion strategy and to cater to the growing needs of the Indian diaspora in the US. The US state of Texas, with the second largest Indian Diaspora

PVR Inox plans to open 150 screens next fiscal with Rs 500 crore investment. The country's largest multiplex operator PVR Inox will open 150 screens in the next fiscal with an investment of about Rs 500 crore, a top company official has said. The company, which opened a six-screen luxury cinema at Maison Inox here on Thursday, alre

NCLT has power to decide IBC disputes, not HC: Go First RP to Delhi HC. Kaul also questioned which resolution applicant would be interested in the Corporate Debtor if it's not revived?

Britain's antitrust regulator wins appeal to probe Apple's mobile browser. The Competition and Markets Authority (CMA) opened a full investigation last year into the dominance of Apple and Alphabet Inc's Google in mobile browsers

Ahead of IPO, Mamaearth sold excess stock of its products to distributors. Around 70 distributors in Maharashtra and Goa are sitting on 90 days of inventory

Go First CEO Kaushik Khona resigns amid airline's uncertain future. Grounded Go First's CEO Kaushik Khona has put in his papers, nearly seven months after the no-frills airline filed for insolvency proceedings. In an e mail to the airline's employees on Thursday, Khona said that November 30 is his last day at the company.

IT major Infosys inks pact with Shell for sustainable data centres. IT major Infosys on Thursday said it has partnered with energy company Shell to accelerate the adoption of immersion cooling services for data centres. Infosys and Shell will bring together their capabilities in digital and energy, respectively, along with

Vascon Engineers board approves plan to raise Rs 125 crore via QIPs. Vascon Engineers Ltd on Thursday said it is planing to raise Rs 125 crore through the Qualified Institutional Placement (QIP) route. A decision in this regard was taken at the meeting of its board of directors, Vascon Engineers Ltd said in a filing to the

'Can no longer sustain': Grounded airline Go First CEO Kaushik Khona quits. Khona was appointed as the CEO of the no-frills airline in 2020 after the incumbent and current Akasa Air CEO, Vinay Dube, stepped down from the position

UltraTech to buy Kesoram Industries' cement business in all-stock deal. UltraTech said Kesoram had decided to demerge its cement business and approached UltraTech Cement in relation to it

Air India passengers onboard flight face water leakage inside cabin. Passengers onboard an Air India flight from Gatwick to Amritsar faced water leakage inside the aircraft last week and the airline has expressed regret over the incident. A short video of water leaking from the overhead area of the Air India aircraft was po

Biocon Biologics integrates Viatris' biosimilar biz in 31 European nations. Biocon Biologics on Thursday said it has completed the integration of the acquired biosimilar business from Viatris Inc in 31 European countries. Following the deal closure in November 2022, the company, a unit of Biocon Ltd, had earlier announced the inte

Electronics maker services firm Dixon expects Rs 19k cr revenue this fiscal. Electronics manufacturing services firm Dixon Technologies expects to close the current fiscal with a revenue of around Rs 19,000 crore, a senior company official said on Thursday. Dixon Technologies vice chairman and managing director Atul Lall said the c

Stock Holding Corp of India faces Rs 16 lakh fine for flouting market rules. Market regulator Sebi has slapped a fine of Rs 16 lakh on Stock Holding Corporation of India Ltd for violating foreign portfolio investor rules. The decision came after Sebi had conducted an inspection of documents, and other records of SHCIL, a Designated

D-Mart's Damani tops list of '200 Self-Made Entrepreneurs Of Millennia'. Sachin Bansal and Binny Bansal of Flipkart, Deepinder Goyal of Zomato among others in the list

Tata Coffee gets board nod for Rs 450 cr investment for capacity expansion. Tata Coffee on Thursday received the board's approval for the capacity expansion of its Vietnam-based wholly-owned subsidiary firm at an investment of Rs 450 crore. The board has approved the setting up of an additional 5,500-tonne freeze-dried coffee faci

State-owned REC approves hike in borrowing to Rs 1.5 trillion for FY24. State-owned REC Ltd on Thursday said its board has approved a proposal to increase borrowing to Rs 1.5 lakh crore from Rs 1.2 lakh crore for 2023-24. The Board of Directors of REC Ltd, in its meeting held on November 30, 2023, approved revision in its mark

Aurobindo Pharma unit gets USFDA nod to market generic asthma medication. Aurobindo Pharma on Thursday said its subsidiary has received approval from the US health regulator to market a generic medication to treat asthma in children. Eugia Pharma Specialities, a wholly-owned subsidiary of the company, has received final approval

Thailand-based MQDC plans to develop luxury housing projects in Delhi-NCR. Thailand-based realty firm MQDC, which is present in co-working space in India, plans to develop luxury housing projects in Delhi-NCR and is in talks with local builders for joint development. MQDC India, Indian arm of Thailand-based Magnolia Quality Devel

Tyre manufacture Ceat gets Rs 1.98 crore GST notice, company to file appeal. Tyre maker CEAT Ltd on Thursday said it has received a demand notice of Rs 1.98 crore for GST, along with a penalty from the Additional Commissioner, CGST, and Central Excise. The demand pertains to the disallowance of transitional credit and Trans2 credit

upGrad revenue jumps to Rs 1,194 cr for FY23, loss remains unchanged. The non-cash expenses in FY23 included an accelerated goodwill write-down of Rs 410 crore and depreciation and amortisation costs of Rs 140 crore

Whirlpool plans to sell 24% ownership in India business to reduce debt. Whirlpool of India reported a 23.7% drop in second-quarter profit earlier this month, as the home appliances maker grappled with weak demand amid stiff competition

GSPay by Gupshup sees 70% M-o-M growth in UPI123 Pay transactions. The company said the average ticket size of these payments stood above Rs 650, whereas transactions up to Rs 100 constituted 56 per cent of the total payments

Hospitality company Peerless Hotels eyes doubling of rooms over five years. Peerless would also look for partners so that the properties can be reached to different feeder markets

Stock rally puts Gautam Adani back in world's 20 richest billionaires list. The group stocks surged since Monday after the Supreme Court reserved its judgement on the charges made by the Hindenburg report

Govt invites fresh bids from asset valuers of sale-bound IDBI Bank. The government on Wednesday issued a fresh RFP for the appointment of asset valuer for strategic sale-bound IDBI Bank. The last date for submitting bids by asset valuer is January 5, the Department of Investment and Public Asset Management (DIPAM) said whi

LIC launches new 'Jeevan Utsav' plan with lifetime guaranteed returns. The plan offers the choice to choose between two payout options - regular income and flexi-income benefits

Fairbridge Capital to sell up to 8.5% stake in Thomas Cook India via OFS. The promoter will sell an additional 0.8 million shares, representing a 1.7 per cent stake, in case of oversubscription of the offer

Foot Locker set for entry in India, signs deal with Metro Brands, Nykaa. "These agreements will enable Foot Locker to efficiently access the large and growing sneaker market in India," Nykaa said

Capitalism based on free market only solution to alleviate poverty: Murthy. Murthy said that over the years, he has transformed from a 'confused leftist' to a 'determined compassionate capitalist'

BoB to raise upto Rs 5,000 cr via 1st tranche of infrastructure bond. The bank had said that it will use the amount to fund business growth

Worsened Sino-India relations won't mean committed offence in past: Lava MD. Arrested MD of Lava International Company Hari Om Rai told a court here Wednesday that merely because the Sino-India relations have deteriorated over the years, it would not mean that he committed an offence at a time when there were, in fact, friendly bus

Prosus marked down investment in Byju's, bring its valuation to below bn. This is not the first time that Prosus has marked down its investments in the edtech firm

Fujifilm India faces suit for 'interfering' in competitor's business. A suit has been filed before a Delhi court seeking to restrain Fujifilm India Pvt Ltd from allegedly engaging in "tortious interference" with the plaintiff's business and misappropriating its "sensitive and confidential" business information. The applicati

Working towards successful closure of merger with Sony: Zee Entertainment. Zee Entertainment Enterprises Ltd on Wednesday said it is working towards the successful closure of the proposed merger with Culver Max Entertainment (earlier known as Sony Pictures Networks India). The company also refuted a media report that the USD 10 b

Queries received in ED's notice are solely technical in nature: Byju's. Byju's said the notice was sent on delayed annual performance reports related to overseas direct investments of Rs 8,000 crore

Vanguard to Goldman Sachs, global firms rush to buy Alipay's Zomato stakes. Shares of Zomato have nearly doubled this year as the company started to turn a profit after going public in 2021, prompting some of its biggest investors to lock in gains on their investments

IiAS asks Raymond to appoint interim CEO, probe charges against Singhania. Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked independent directors of Raymond Ltd to consider appointing an interim CEO and investigate the allegations of assault by its Chairman and MD Gautam Singhania on his wife and daug

Competition Commission clears Emirates Telecom Group-Vodafone deal. Fair trade regulator Competition Commission of India (CCI) on Wednesday cleared Atlas 2022 Holdings' additional stake acquisition in Vodafone Group Plc. Atlas 2022 Holdings is a wholly-owned subsidiary of Abu Dhabi-based Emirates Telecommunications Group C

OpenAI unlikely to offer board seat to Microsoft, other investors: Report. Microsoft, which has invested more than billion in OpenAI, is one of the biggest backers of OpenAI that operates ChatGPT, its viral generative AI chatbot

Zero impact of unseasonal rains on business, says Sula Vineyards CEO. Homegrown wine producer Sula Vineyards Ltd on Wednesday said the recent unseasonal rains in Nasik will have zero impact on its business although there was some damage to vineyards. The net impact of these rains has actually been positive in many ways as so

Nestle says India, China are 'big focus' for growth of coffee market. "China is really a big focus, and India is a big focus," Navratil said

UltraTech acquires grinding assets of Burnpur Cement for Rs 169.79 cr. Aditya Birla group firm UltraTech Cement Ltd on Wednesday said it has acquired the cement grinding assets of Burnpur Cement Ltd in Jharkhand for Rs 169.79 crore. The company has acquired 0.54 mtpa cement grinding assets of Burnpur Cement Ltd, located at Pa

China's Alipay sells stake in Zomato for nearly 0 million: Term sheet. The deal comes after Reuters reported on Tuesday that Alipay was planning to sell its 3.4% in Zomato through block deals on the Indian stock exchanges

Religare board has no power to reject open offer for company: Burmans. The independent directors, however, have the powers to make a recommendation to the shareholders, lawyers said

Reliance Retail, Naturals Salon call off acquisition deal over valuation. Last year, Business Standard reported that Reliance Retail would foray into the salon business by acquiring a 49% stake in Naturals Salon & Spa

Renewables lender IREDA hits over .8 bn valuation in trading debut. Shares of IREDA, which were listed at 50 rupees, climbed to a high of 57.75 rupees, well above their initial public offer (IPO) price of 32 rupees

I-T Department conducts survey at some entities of Hinduja Global Solutions. The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja Group in Mumbai and some other cities, official sources said. The survey operation is being undertaken as part of a tax evasion investigation and offices in

Sequoia-backed mobile wallet Mobikwik selects banks for million IPO. The Gurugram-based fintech firm is working with DAM Capital Advisors Ltd and SBI Capital Markets Ltd for preparations for its listing

Prosus NV slashes edtech major Byju's valuation to under billion. In November last year, Prosus first slashed the fair value of Byju's to .97 billion

Aurobindo Pharma receives USFDA approval to manufacture Darunavir tablets. Darunavir Tablets, 600 mg, and 800 mg, in combination with other antiretroviral agents, are indicated for the treatment of (HIV-1) infection in adult and pediatric patients 3 years of age and older

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