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NSE share market NEWS tomorrow (13 October, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (13 October, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 13 October 2023

360 One was amongst the top gainers, currently trading at 537.85 in NSE with 0.249 times change in volumes and 5.213% change in price. Other gainers included Phoenix Mills with 3.864% price change and 5.806 times volumes, Hdfc Amc with 3.631% price change and 2.176 times volumes, Abb Power with 3.09% price change and 2.098 times volumes, and Indusind Bank with 2.77% price change and 2.165 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.

Bandhan Bank was amongst the top losers, currently trading at 240.70 in NSE with 4.182 times change in volumes and -4.104% change in price. Other losers included Mphasis with -3.243% price change and 2.043 times volumes, Cyient with -2.561% price change and 0.366 times volumes, One 97 with -2.553% price change and 1.077 times volumes, and Info Edge with -2.42% price change and 2.704 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.

Akasa cancels flights from Bengaluru, airline says network 'rationalised'. Akasa Air, which is facing headwinds due to pilot issues, has cancelled some flights from Bengaluru, sources said on Thursday, while the airline stated it has rationalised the network to ensure high operational reliability. Bengaluru is the hub for the car

MO Alternates, Temasek, Paragon to invest Rs 800 crore in Niva Bupa. Health insurer Niva Bupa on Thursday said a clutch of private equity funds have committed to invest Rs 800 crore in the company. India Business Excellence Fund IV (MO Alternate Investment Advisors), Temasek and Paragon Partners Growth Fund II will be inves

Delhi HC stays proceedings against Hero MotoCorp, chairman Pawan Munjal. The stay on the operation of the FIR as well as the trial court order will remain in force till December 6, the next date of the hearing

Wadias likely to leave Go First, show no intent to bid for grounded airline. Cash-strapped Go First filed for bankruptcy in May, blaming 'faulty' Pratt & Whitney engines for the grounding of about half its fleet

Accenture skips pay hikes and promotions in India and Sri Lanka this year. The US-based IT firm has cited challenging macro environment and slower growth than was initially planned as reasons for skipping pay hikes during the company's financial year (September to August)

Indian Oil to invest Rs 1,660 cr in exchange for 50% stake in JV with NTPC. Indian Oil also announced the appointment of Anuj Jain as its chief financial officer

Indian patent office to hire 900 people to enhance manpower: DPIIT secy. Indian patent office (IPO) will be hiring 900 more people with a view to enhance manpower for processing the increasing number of intellectual property applications, a top government official said on Friday. Secretary in the Department for Promotion of Ind

Puma signs Shami as its brand ambassador, launches new spikes for pacers. Puma has already onboarded Virat Kohli, Usain Bolt, Neymar Jr, Sunil Chhetri, MC Mary Kom, Harmanpreet Kaur, Harleen Deol, and Avani Lekhara as its brand ambassadors

Mphasis acquires Salesforce service partner Silverline for over 2 mn. Mphasis says the deal is part of its plan to prepare for future applied technology and predict trends

Zomato launches intra-city 'Xtreme' logistics service for merchants. As is the case with Zomato's food delivery service, merchants will be able to livetrack their shipments

HDFC Life Insurance Q2 profit rises 15.5% on strong premium growth. The Mumbai-based insurer's profit after tax rose to 3.77 billion rupees (.30 million) for the quarter ended Sept. 30, from 3.26 billion rupees a year ago, it said in an exchange filing

IndiGo co-founder Gangwal in talks to buy 'sizable' stake in SpiceJet. IndiGo shares were up 0.9% in afternoon trading on Friday

Amazon, Exxon hydrogen hubs set to receive portions of bn US Funds. The hydrogen hub awards, which were funded in 2021's bipartisan infrastructure law, mark the culmination of a furious race between states

Lupin receives tentative approval from US FDA for apalutamide tablets. Lupin develops and commercialises a wide range of branded and generic formulations, biotechnology products, and Active Pharmaceutical Ingredients (APIs) in over 100 markets

Kothari Industrial sets up a drone division to serve agricultural lands. Kothari Industrial Corporation Ltd, part of the DC Kothari Group, has set up a separate drone division to deploy drone technology in farmlands, the company said on Friday. Under this initiative, Kothari Industrial Corporation Ltd has planned to work out a

Vivo PMLA case: Court extends ED custody of accused by three days. The Enforcement Directorate (ED) on Friday sought extension of the custody of four people arrested in a money laundering case against Chinese smart phone maker Vivo, including the managing director of Lava International mobile company and a Chinese nation

A-I Express set to induct 50 new Boeing 737 MAX planes in next 15 months. Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the countr

Ashok Leyland bags order for 1,666 new buses from Tamil Nadu STUs. Ashok Leyland is the fourth-largest manufacturer of buses in the world and India's largest bus manufacturer

Zydus unit recalls 7,248 bottles of Oxybutynin Chloride tablets in US. A unit of Zydus Lifesciences is recalling over 7,000 bottles of Oxybutynin Chloride tablets in the US due to manufacturing issues, according to the US Food and Drug Administration (USFDA). As per its latest Enforcement Report, the US health regulator said

JPMorgan profit rises on interest income boost, First Republic purchase. Shares of the bank fell 0.7% in premarket trading

BlackRock clients pull billion from long term investment funds. Adjusted net income rose 13% from a year earlier to .6 billion, or .91 a share, beating Wall Street's average estimate of .20. Revenue rose 5% to .5 billion

Incred Finance plans to raise Rs 300 crore via non-convertible debentures. The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal

Coca-Cola India's spending on brands expected to be highest in H2: Official. Beverage major Coca-Cola is going to have its highest-ever spending on brands in the second half of 2023 in India, when the ICC Men's Cricket World Cup is coinciding with the festive season, which is expected to boost the consumption, a top company officia

Mahindra Lifespace buys 5.38 acre land in Pune to build realty project. Realty firm Mahindra Lifespace Developers Ltd has acquired 5.38 acre land at Wagholi in Pune to develop a real estate project. The land is estimated to have a development potential of over 1.5 million square feet of saleable area, the company said in a reg

Citigroup profit holds steady in Q3 as investment banking fees jump. The bank's trading unit also boosted revenue, while its division providing treasury and securities services to corporations brought in 12% more revenue

Venture Highway gets 50x returns in secondary sale of stake in Meesho. Venture Highway, an early and long-term backer of Meesho, invested in the company's first seed round over eight years ago

Coca-Cola India's brand marketing spends to be highest-ever in H2. After 'challenging summer', Coca-Cola India expects strong demand in H2

BMW posts record car sales at 9,580 units in India in Jan-Sep period. German luxury vehicle maker BMW Group on Friday reported a 10 per cent rise in total car sales at 9,580 units in India in the first nine months of 2023, driving towards another record sales in the year. The group's three brands -- BMW, MINI and BMW Motorra

HDFC Life Q2 net profit up 15.5% to Rs 376.77 crore; VNB margins moderate. For the April-Sep period, net profit increased 15 per cent year-on-year to Rs 792 crore on the back of a healthy back book surplus

Microsoft says US IRS has asked for .9 billion in audit dispute. Microsoft said it believes that any taxes owed after the audit would be reduced by up to billion based on tax laws passed by former President Donald Trump

Amazon's expansion into logistics services could unlock 0 bn in revenue. Analysts see the strategy echoing what the firm achieved with its cloud business, when it built Amazon Web Services to serve its own needs before opening the platform to third-party merchants

Vedanta incorporates wholly-owned arm to carry out iron, steel biz. Vedanta Ltd on Thursday said it has incorporated a wholly-owned arm, 'Vedanta Iron and Steel Ltd, as part of its demerger drive. The wholly-owned arm was incorporated on Tuesday, and has an authorised capital of one lakh equity shares of Rs 1 each. The mov

Indigo flight cancellations, delays affect 76,000 passengers in Sep: DGCA. Over 76,000 passengers of budget carrier IndiGo were affected due to the airline cancelling its flights or delaying them by more than two hours in September, while Tata-owned Air India denied boarding to 450 passengers during the month, DGCA data revealed

Ichnos Sciences, Astria Therapeutics sign licensing deal for OX40 portfolio. Ichnos is set to receive 0 million upfront for development, regulatory and sales payments, coupled with low double-digit royalties

Infosys announces five-year extension of its JV pact with Temasek. India's second largest IT services company Infosys on Thursday announced a five-year extension of its joint venture collaboration with Temasek, a global investment firm headquartered in Singapore. The extension underlines the shared objective of creating i

NCLAT chairman calls for developing mechanism to regulate digital markets. Effective cooperation among the BRICS nations in striking the right balance between promoting sustainability and competition is pertinent to deal with complex challenges, NCLAT Chairperson Ashok Bhushan said on Thursday. Emphasising the importance of havin

KredX to create Rs 4,000 cr corpus for working capital needs of businesses. Fintech company says its imitative would help companies during the festive season

HC refuses bail to Sanjay Chhabriaa in YES Bank money laundering case. The Bombay High Court has refused to grant default bail to realtor Sanjay Chhabriaa in the Yes Bank money laundering case, observing that money laundering involves intricate processes to make illegally-obtained money appear legitimate and hence require in-

India accuses China's Vivo of visa violations, siphoning off bn. "Many employees of Vivo group companies worked in India without appropriate visas," the agency said in the filing

Hyderabad-based CtrlS Datacenters announces plan to invest bn in 6 years. Company expects to hire more than 1,000 people, especially senior leaders

Infosys Q2FY24 result: Net profit rises to Rs 6,212 crore; revenue up 6.7%. Infosys Q2FY24 result: The company also declared an interim dividend of Rs 18 per equity share

Realty firm Signature Global posts Rs 7.18 cr net loss for Apr-Jun. Realty firm Signature Global on Thursday reported a consolidated net loss of Rs 7.18 crore for the first quarter of this fiscal year on higher expenses. Gurugram-based Signature Global had logged a net profit of Rs 32.78 crore in the year-ago period, accor

Infosys slashes revenue guidance for FY24, misses estimates on PAT. For the second quarter of FY24, the company reported net profit of Rs 6,212 crore up 3.2 per cent year-on-year (YoY). Sequentially, it was up 4.5 per cent

Nations must share experience in keeping digital markets free: CCI chief. Rapidly evolving markets and technology have created fresh challenges and new dimensions in competition law and policy

Envision Energy secures 653 MW wind energy project from JSW Energy. Envision Energy on Thursday said it has secured a 653.4 megawatt (MW) wind project from JSW Energy. The project is expected to be commissioned in a phased manner by 2024-end and produce 2,200 gigawatt hour (GWh) units of clean energy, contributing towards

Adani Ports sees more offers worth 3 mn at dollar bond buyback. The outstanding for this bond stands at 0 million, according to data from LSEG

IT stocks drag markets lower; Sensex ends 65 pts lower, Nifty falls 17 pts. Infosys, TCS, HCL Technologies and Tech Mahindra were the biggest drag on the market performance

Nokia achieves 7 mn telecom gear production milestone at Chennai plant. Finnish telecom company Nokia on Thursday said its Chennai plant has achieved the production milestone of 7 million telecom network gear units. The company started the plant 15 years ago and is one of the largest factories of Nokia globally. "Nokia's facto

Wadia Group to stay away from Go First insolvency process: Report. A third source involved in the insolvency process said while the law does not prohibit the Wadia Group from joining the process at a later stage, there was no current indication it would do so

HCLTech Q2FY24 result: Net profit up 9.9% at Rs 3,883 cr; attrition drops. The consolidated revenue for the quarter grew 8.04 per cent y-o-y at Rs 26,672 crore, as compared to Rs 26,296 crore in Q2FY23

Uniqlo announces second store in Mumbai; plans to enter southern market. Japanese apparel retailer Uniqlo now plans to enter the southern market to open its stores as part of the next phase of offline expansion in India. Uniqlo India on Wednesday announced to launch its second store in Mumbai as part of the strategic expansion

HDFC AMC Q2 results: Net profit rises 20% to Rs 436.5 cr, revenue grows. HDFC Asset Management Company (AMC) on Thursday reported a 20 per cent jump in profit after tax to Rs 437.6 crore for the quarter ended September. In comparison, the fund house posted a Profit After Tax (PAT) of Rs 364.1 crore in the same quarter last year

Nokia's Chennai factory achieves 7-million-unit production milestone. The factory manufactures 5G New Radio (5G NR), 5G massive MIMO products, 4G/LTE radios as well as Fiber Broadband equipment among others

Phase-IV data shows Cequa helped improve dry eye disease: Sun Pharma. Cequa or cyclosporine ophthalmic solution is indicated to increase tear production in patients with dry eye

NCLAT adjourns Jet Airways hearing to Nov 1 as creditors seek more time. The insolvency appellate tribunal NCLAT on Thursday adjourned its hearing on Jet Airways matter to November 1, as the creditors sought more time to file a reply over the compliance affidavit filed by the Jalan-Kalrock Consortium -- the successful bidder of

Zee-Sony merger: NCLAT adjourns hearing over Axis Finance plea to Friday. The National Company Law Appellate Tribunal (NCLAT) on Thursday adjourned the hearing to October 13 on a plea filed by Axis Finance against the merger of Zee Entertainment Enterprise Ltd (ZEEL) with Culver Max Entertainment, formerly Sony Pictures Networks

After Jindal, Jettwings submits expression of interest for Go First. On Wednesday, Naveen Jindal-led Jindal Power Limited (JPL) also submitted an EoI for Go First

RBI imposes Rs 5.39 cr penalty on Paytm Payments Bank for non-compliance. The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain provisions, including Know Your Customer (KYC) norms. The central bank also found non-compliance with certain pr

SUN Mobility partners Bluwheelz to deploy over 16,000 EVs in 1 year. Battery-swapping solutions provider SUN Mobility on Thursday said it has partnered with electric vehicle fleet operator Bluwheelz to deploy over 16,000 EVs in the next 12 months. Under the partnership, the companies are looking to deploy over 15,000 electr

Hybrid cars optimal solution to scale electrification of vehicles: Toyota. Japanese auto major Toyota on Thursday said hybrid cars will be an "optimal solution" to build scale for increased use of electrified vehicles in India, according to a senior executive. In a virtual press briefing with global media prior to Japan Mobility

Servotech Power, EMCOR to set up 1,000 EV charging stations in India. Servotech Power Systems and EMCOR Power Solutions have entered into an agreement to develop 1,000 EV charging stations at various locations in India. EMCOR Power Solutions is part of Kuwait-based EMCOR International which is in the business of oil and gas,

RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms. Paytm PB facing ban on customers addition since Mar '22

Striking right balance for sustainability, competition crucial: NCLAT chair. He was delivering the keynote address at the eighth BRICS International Competition Conference 2023 in Delhi

iThink Logistics, India Post collaborate to boost e-commerce deliveries. Tech-driven logistics platform iThink Logistics on Thursday announced a strategic collaboration with India Post to boost e-commerce deliveries across remote parts of the country. Under the collaboration, iThink Logistics will leverage the India Posts' exte

HPL to invest Rs 3,000 cr to set up new chemical plants in West Bengal. Haldia Petrochemicals Ltd (HPL) will invest Rs 3,000 crore to set up new plants in West Bengal, a company spokesperson said on Thursday. It will build the first on-purpose propylene plant and a phenol unit at its existing manufacturing facility at Haldia,

Ex-Barclays Bank chief Staley banned from senior UK finance roles. Britain's financial regulator said on Thursday that it fined Barclay's former chief executive Jes Staley 1.8 million pounds (USD 2.2 million) and banned him from holding senior financial roles for misleading it over the nature of his relationship with the

JLR reports best-ever H1 performance, sales grow two-fold to 2,356 units. Jaguar Land Rover (JLR) India on Thursday reported its highest-ever performance in the first half of this fiscal with sales of 2,356 units. The automaker had retailed around 1,194 units in the April-September period of the last financial year. The strong h

Aye Finance eyes 70% increase in FY24 borrowing at Rs 3,400 crore. Non-bank lender Aye Finance on Thursday said it is aiming for a 70 per cent jump in its FY24 borrowing at Rs 3,400 crore as against the Rs 2,000 crore done in FY23. The company which focuses on lending to micro enterprises has already raised Rs 2,100 crore

Delhi HC allows Go First lessors to deploy security around aircraft. The order was passed on the lessors' plea to allow them to maintain their aircraft. The next hearing is on October 19

K P Energy bags order from Aditya Birla Renewables to set up wind project. K P Energy has bagged an order for setting up Balance of Plant of 23.1 MW wind energy project from Aditya Birla Renewables. However, the company did not disclose the value of the order. Balance of Plant refers to various supporting and auxiliary components

Tata Capital Healthcare Fund II invests mn in Apex Kidney Care. To open over 60 standalone Dialysis centres in the country

FCRA violations case: CBI searches at residence of NewsClick founder. The CBI has registered an FIR into the alleged FCRA violations by news portal NewsClick and carried out raids at two locations on Wednesday, officials said. A team of agency officials searched the residence and office of NewsClick founder Prabir Purkayasth

Insurtech player InsuranceDekho raises mn in Series B funding round. This is the second fundraise for the Gurugram-based startup in 2023, taking its total fundraise to 0 million

Ashok Leyland launches the new ecomet Star 1915 truck with 18.49T GVW. The latest truck by the company is suited for long-distance applications, designed for fuel efficiency and faster turnaround time

To the Moon and back: On Artemis III mission, Nasa astronauts to wear Prada. Artemis III: As the first crewed lunar landing since Apollo 17 in December 1972, the mission will also be the first to place a woman on the Moon

Wipro to roll out merit salary increases, effective by December 1. Wipro delayed the announcement by a quarter reportedly due to macro headwinds and margin pressure

Goodricke hopes to return in black this fiscal, looks to diversify. Tea major Goodricke Group Ltd, a part of the UK-based Camellia Plc, is hoping to return in black this fiscal and looking to diversify into the hospitality sector with an aim at offsetting its losses in the plantation business in Darjeeling, Managing Direct

Vedanta starts demerger process with incorporation of base metal subsidiary. Vedanta Base Metals Ltd has been incorporated to carry out the metal business

Reliance Retail to open luxury stores under 'Swadesh' brand globally. These stores will focus on upscale ethnic handicrafts, fusion clothing, jewellery, blue pottery, silverware, home decor, and carpets

Larsen & Toubro's hydrocarbon business bags mega order in west Asia. Larsen & Toubro (L&T) on Wednesday said its hydrocarbon business has bagged a mega onshore project from a client in the Middle East. While L&T did not disclose the exact value of the contract, it counts an order as 'mega' when it is valued above Rs 7,000

Sebi probing ties between Adani Group and Gulf Asia fund, says report. The fund has invested in several listed Adani firms, according to the OCCRP and data from investigative journalist group

Neobank Zolve raises 0mn in debt facility to offer credit products. Company says it has facilitated transactions worth more than 0 mn since 2021

China's CLSA ups India exposure on supportive macroeconomic outlook. Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio

Govt wants Saudi Aramco to develop strategic petroleum reserve: Report. India, the world's third-biggest oil importer and consumer, imports over 80% of its oil needs and has built strategic storage at three locations in southern India

Maruti Suzuki signs MoU with IDBI to provide dealer financing solutions. The country's largest car maker Maruti Suzuki India has signed an initial pact with IDBI Bank to offer financing solutions for dealers. The new alliance will empower over 4,000 Maruti Suzuki sales outlets across the country with comprehensive inventory fun

Bajaj Finance's equity raising to boost already solid capital base: S&P. The rating agency said BFL's RAC ratio is unlikely to sustain above 15 per cent during the financial years 2025-2026

Bharti to acquire JV partner AXA's 49% stake in Bharti AXA Life Insurance. Bharti Group on Wednesday said it has entered into a binding agreement with its joint venture partner AXA to acquire its 49 per cent stake in Bharti AXA Life Insurance. Post transaction, Bharti Life Ventures Private Limited (BLVPL), the holding company of

Religare asks police to probe allegations linked to previous leadership. Religare provides loans to small and mid-sized businesses and also has health insurance and broking services units

Staffing firm Xpheno opens recruitment delivery centre in Hyderabad. Company says it aims to be 'talent partner for Global Capability Centres in Telangana

Exxon to buy Pioneer Natural in bn deal with energy prices surging. Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at USD 59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. The transaction's value, including debt, is abou

TCS Q2FY24 result: Net profit up 8.7%; buyback worth Rs 17,000 cr announced. TCS also announced a dividend of Rs 9 per share. The record date will October 9, 2023 and the payment date is November 7, 2023

Aster DM Healthcare's India unit draws suitors valuing business at .5 bn. Aster shares have soared about 40% this year, valuing the Mumbai-listed company at about .9 billion

IndiGo to launch third Mangaluru-Hyderabad daily flight from October 19. In its official statement, the low-cost carrier IndiGo is augmenting its flight schedule from Mangaluru International Airport to Hyderabad starting October 19

L&T's hydrocarbon arm bags order for gas compression plants in Middle East. The scope of work involves engineering, procurement and construction of gas compression plants

Thomson to enter domestic laptop segment, considers export in global mkts. Consumer electronics major Thomson will enter the laptop market in India in the next two quarters and is also considering to export smart TVs and other products manufactured in the country to foreign markets, a company official said on Wednesday. Thomson,

Kotak Mahindra Bank bets big on SMEs, mid-market segments in South. Currently, the bank's SME and mid-market portfolio forms 27 per cent of its entire wholesale banking book

BoB announces increased interest rates on domestic retail term deposits. / -- Bank of Baroda (Bank), one of India's leading public sector banks, today announced increase in interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by up to 50 basis points across various tenors up to 3 years. These ra

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