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

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

Computer Age was amongst the top gainers, currently trading at 2562.90 in NSE with 15.75 times change in volumes and 6.12% change in price. Other gainers included Ncc with 5.798% price change and 4.066 times volumes, Nmdc with 5.788% price change and 2.528 times volumes, Abb Power with 4.851% price change and 3.012 times volumes, and Gail India with 4.694% price change and 3.371 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.

Tech Mahindra was amongst the top losers, currently trading at 1198.75 in NSE with 1.512 times change in volumes and -2.667% change in price. Other losers included Multi Commodity with -2.625% price change and 0.503 times volumes, Bharat Dynamics with -2.584% price change and 1.673 times volumes, Delhivery with -2.334% price change and 0.174 times volumes, and Apollo Hospitals with -1.944% price change and 3.063 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.

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

Life insurers face value of new business margin pressure in second quarter. Premium of General ins cos likely to be robust in Q2FY24

Siemens looks at setting up a hub for urban transport solutions in India. India is one of the fastest-growing market in terms of adding incremental revenue

Swiggy faces challenges after delivery workers go on strike in Mumbai. The delivery workers have been protesting since Sunday due to an alleged change in their incentive structure

Iron ore supply resumes from NMDC Bailadila mine to RINL plant in Andhra. Iron ore supply from NMDC's Bailadila mine in Chhatisgarh resumed on Tuesday to its plant in Andhra Pradesh, steel maker RINL said. Iron ore is a key raw material required for the manufacturing of steel. "With the continuous and relentless efforts by India

SpiceJet, aircraft lessor Celestial Aviation working towards settlement. Budget carrier SpiceJet and aircraft lessor Celestial Aviation are working towards settlement, which is in the advanced stage, insolvency tribunal NCLT was informed on Tuesday. During the proceedings, counsel appearing in the matter informed about the deve

IiAS tells investors to vote against Anant's appointment on RIL board. States that the youngest Ambani's age is lower than its stated voting guidelines

CCI clears acquisition of Hitachi Astemo by HMCL, Japan Investment Corp. Fair trade regulator Competition Commission of India (CCI) on Tuesday said it has cleared the acquisition of certain shareholding in Hitachi Astemo Ltd (HAL) by Japan Investment Corporation and Honda Motor Co Ltd (HMCL). The proposed deal relates to the ac

Non-metros drive Flipkart's annual sale on Day 1 with 60% of orders. Non-metro cities dominated Flipkart's The Big Billion Day sale on Day 1, accounting for 60 per cent of orders placed while mobile phones, appliances and lifestyle products were the preferred choice for customers, the company said on Tuesday. Lifestyle prod

MG Motor to overhaul its dealership network, close underperforming outlets. For the financial year ending in 2023, MG Motor India had a 1.26% share in India's passenger vehicle segment

We will comply with govt regulations regarding supply restrictions: HP. Apart from this, HP is planning to start the sale of its refurbished devices to expand to smaller towns with affordable products

Adani's .5 bn Ambuja loan moves ahead after some banks get approval. The three banks are Barclays Plc, Deutsche Bank AG and Standard Chartered Plc

India's first bamboo based biorefinery to start operations in March. India, the world's third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption by switching to sustainable alternatives such as bio fuels

Bridgestone ties up with Tata Power to install EV chargers for 4-wheelers. Tyre maker Bridgestone India on Tuesday said it has joined hands with Tata Power to install EV chargers for four-wheelers at its dealerships across the country. Under the collaboration, Tata Power will instal 25/30 Kwh capacity DC fast chargers that are ca

IDFC First Bank eyes Rs 3,000 crore in debt capital through tier II bonds. The plan comes soon after Rs 3,000 cr equity raise

ED arrests 4 including Lava International's MD in connection with PLMA case. The four were taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA)

Mukesh Ambani overtakes Gautam Adani to become richest Indian billionaire. Eight of the top ten richest billionaires in the list, except Adani and Radhakishan Damani, saw their wealth jump in 2023

PepsiCo bets on price hikes to again raise annual profit forecast. PepsiCo and rival Coca-Cola have been largely shielded from the effects of price hikes due to their near-domination of the global carbonated drinks market

Prosus-owned PayU targets Feb for filing IPO worth 0 mn, hires bankers. PayU, owned by South African conglomerate Prosus, is a payment gateway that also offers other services including buy-now-pay-later, and competes with the likes of Tiger Global-backed Razorpay

Warner Music India acquires artist management company E-Positive. The deal between Warner Music India and E-Positive will allow artists to tap into new expertise in brand partnerships and live event

Tel Aviv flights: Air India offers waiver of ticket cancellation charges. Air India on Tuesday announced a one-time waiver of charges for rescheduling or cancellation of confirmed tickets on flights to and from Tel Aviv for a certain period. The airline has cancelled flights to and from Tel Aviv till October 14 amid the Israel-H

RBI suspends Bank of Baroda from adding new customers to mobile app. Lender will be allowed to add customers to 'bob World' after rectifying deficiencies, says regulator

Snap-E Cabs increases electric vehicle fleet size to 600 cars in Kolkata. App-based on-demand electric cab services provider Snap-E Cabs on Tuesday said it has expanded its fleet size to 600 cars in Kolkata, aided by significant collaborations with multiple players. The company has formed alliances with Mufin Green Finance, Mahi

HR firm CIEL group to hit capital market with IPO by first half of 2024. The Initial Public Offering of human resources solutions provider CIEL Group is expected in the first half of 2024. The city-based company has 'rigorously' invested in optimizing the HR processes with digital intervention, said CIEL Group Executive Chairpe

CCI probing Google, Apple for alleged unfair biz practices: Chairperson. Competition Commission of India (CCI) is probing Google and Apple for alleged unfair business practices, the regulator's Chairperson Ravneet Kaur said on Tuesday. The watchdog had ordered detailed investigations against Google with respect to its alleged a

SuperOps.ai raises .4 million in Series B led by Addition, March Capital. The 0-billion MSP industry is dominated by small and medium-sized businesses

Prakash Chhabria-led Orbit moves SC over Finolex Cables non-disclosure. Cousins Prakash and Chhabria have been at odds over gaining control of Finolex Cables, a -billion pipe and cable manufacturer.

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