NSE share market NEWS tomorrow (10 October, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (10 October, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 10 October 2023
Prestige Estates was amongst the top gainers, currently trading at 727.50 in NSE with 3.62 times change in volumes and 8.501% change in price. Other gainers included National Buildings with 7.007% price change and 2.937 times volumes, Bond 8 with 6.325% price change and 1.508 times volumes, Delhivery with 5.911% price change and 4.296 times volumes, and Godrej Properties with 5.648% price change and 4.476 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.
Suzlon Energy was amongst the top losers, currently trading at 27.65 in NSE with 0.551 times change in volumes and -4.983% change in price. Other losers included Max Healthcare with -2.392% price change and 2.52 times volumes, Trent with -1.359% price change and 0.72 times volumes, Jubilant Foodworks with -1.22% price change and 0.463 times volumes, and Torrent Pharmaceuticals with -1.185% price change and 0.52 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.
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.
Vodafone Idea files plea in Supreme Court seeking correction of AGR dues. When the CJI asked Salve how long the arguments would take, he said it would only take a day
Fitch Ratings upgrades ratings on Tata Steel to 'BBB-' with stable outlook. Fitch Ratings on Monday said it has upgraded its ratings on domestic steel player Tata Steel Ltd (TSL) to 'BBB-' with a stable outlook. It has also upgraded the rating on USD 1 billion notes issued by Tata Steel subsidiary ABJA Investment, the rating agenc
Insurtech start-up Onsurity raises million in series B funding round. The company said a portion of the latest funding will be allocated to the company's efforts to chart the path towards profitability
Tata Steel consolidated output falls 3.2% to 7.26 MT during Jul-Sept qtr. Tata Steel has posted a 3.2 per cent decline in consolidated production to 7.26 million tonne during the second quarter of the ongoing fiscal. Its consolidated output was at 7.5 MT in the year-ago period, Tata Steel said in a statement. The consolidated de
Open-source solution from AyanWorks gets Digital Public Good status. The verifiable digital credential system CREDEBL has been included in the registry of digital public goods maintained by DPGA
Vedanta Ltd arm Hindustan Zinc gets Rs 1.81 crore tax penalty order. Vedanta Ltd on Monday said the tax authorities have imposed a penalty of Rs 1.81 crore on its subsidiary Hindustan Zinc. The order was received on Sunday, October 8, Vedanta Ltd informed the exchanges. "The company has received an order from Assistant Comm
Supreme Court likely to hear Jet Airways lenders plea on October 12. JKC is the successful bidder for Jet Airways
Ather Energy planning to set up new manufacturing plant to expand capacity. Apart from this, Ather Energy is also looking at the possibility of expanding to the global markets
HPCL aims to cut diesel purchase from other cos following output boost. Vizag refinery will operate at 13.5 mtpa capacity in the current fiscal year and at full capacity of 15 mtpa in the next fiscal, Bharathan said
No FIR filed against Chairman Pawan Munjal, says Hero MotoCorp. It may also be noted that while the complainant has mentioned company officials, however, no official has been named in the FIR, the company said
Measures in place to ensure safety of employees at Haifa port: APSEZ. Adani Port and Special Economic Zone (APSEZ) on Monday said the company has taken measures to ensure safety of its employees in Israeli port of Haifa and all of them are safe. Israel witnessed an unprecedented multi-front attack by air, land and sea by Ha
Mahindra Last Mile Mobility gets Rs 300 crore investment from IFC. MLMML will prioritise expanding last-mile passenger and cargo transport solutions
Govt constitutes three-member search committee to find new chairman of IOC. The panel will be headed by the government headhunter Public Enterprises Selection Board (PESB) chairperson and will include the oil secretary as a member, an official order said
Moody's affirms PFC's & REC's Baa3 ratings, sees asset quality improving. The asset quality of the companies, due to their increasing loan exposure to state power distribution companies (DISCOMs), is expected to remain stable
SaaS major Zoho sees strong traction for its collaboration platform Cliq. These declarations were made during Zoholics India, the company's annual user conference in Bengaluru
OPEC raises oil demand view in long term, says trn of investment needed. Another decade or more of rising consumption would be a boost for OPEC, whose 13 members depend on oil income
Capex till 2030-31 could be Rs 1.25 trn on product expansion: Maruti Suzuki. Maruti Suzuki India's capex till 2030-31 could be around Rs 1.25 lakh crore as it plans to enhance product range to 28 models from 17 currently and expand production capacity, according to a regulatory filing. The country's largest carmaker is lining up ca
Swiggy One Lite membership launched for Rs 99, offering discounts. This membership includes free delivery, extra benefits in food, and grocery, and 30 per cent extra discounts across over 20,000 restaurants
HPCL aims to cut diesel purchase from other cos following output boost. Vizag refinery will operate at 13.5 mtpa capacity in the current fiscal year and at full capacity of 15 mtpa in the next fiscal, Bharathan said
ITC Hotels brand Storii to set up presence in Kolkata, slated to open 2024. ITC Hotels on Monday announced the signing of its first 'Storii' property in West Bengal. The property will be located near the metropolis and is slated to open in early 2024. According to a company spokesman, ITC Hotels already has three 'Storii' properti
Star Health Insurance introduces surrogacy cover and oocyte donor cover. The policy provides inpatient hospitalisation coverage for post-partum delivery complications experienced by the surrogate mother for a 36-month period under the Surrogacy cover
Urban Money aims to facilitate Rs 30,000 cr home loan disbursement in FY24. Urban Money, fintech arm of Square Yards, on Monday said it expects to facilitate home loan disbursement of Rs 30,000 crore during the current financial year. Urban Money, currently operating from 250 cities, facilitated the disbursal of about Rs 15,370 cr
Serum Institute, Mylab launch point-of-care test for latent TB infections. The partnership between SII and Mylab is focusing on creating a comprehensive ecosystem for TB diagnosis, treatment, and prevention through various interventions
Total capital expenditure to be Rs 1.25 trillion till FY31: Maruti Suzuki. MSIL operates with a total production capacity of 2.25 million units annually, with the Gujarat plant contributing about 750,000 units per annum to this figure
CBI files fresh case against former PEC chief in Rs 194 cr cheating case. The CBI has filed a fresh case against former chairman and managing director of PEC Arun Kumar Mirchandani and other former officials for allegedly causing a loss of Rs 194.61 crore to the public sector company, officials said on Monday. The CBI has filed
Hinduja Group in talks with private debt funds to raise around 0 million. India has become a hotbead for private credit activity, in part because regulation forbids local banks from extending loans for mergers and acquisitions
SC to hear Google's appeal against CCI penalty of Rs 1,338 crore in Jan. The hearing was initially scheduled for 11 October but was postponed to January due to Constitution bench hearings
Ather Energy to make international foray in Nepal with flagship model 450X. Electric two-wheeler maker Ather Energy on Monday said it is foraying into the international market. The company plans to enter the international market with the export of its flagship model, 450X, to Nepal, it said in a statement. The plans to export the
Krystal Integrated Services files IPO papers with Sebi to mobilise funds. Krystal Integrated Services has filed preliminary papers with Sebi to mobilise funds through an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 17.5 lakh shares by promoter
Godrej Properties opens 'Taj The Trees' hotel at Vikhroli, Mumbai. Godrej Properties on Monday said it has opened 'Taj The Trees' hotel, comprising 155 keys, in Mumbai. The hotel is located at the company's mixed-use project 'The Trees' at Vikhroli. In a regulatory filing, Godrej Properties said the hotel is entirely own
IIFL Fintech Funds marks first exit after selling stake in TrustCheckr. IIFL Fintech Fund was established in August 2021, with a corpus of Rs 210 crore and sponsorship from two group companies - IIFL Finance and IIFL Securities
Reliance General Insurance gets Rs 922 crore GST notices from DGGI. Bankers suggest that the new tax demand could impact the company's valuation
JSP to make Angul facility India's largest single-location steel plant: MD. Jindal Steel and Power (JSP) is planning to make its Angul unit India's largest single-location steel manufacturing facility, its Managing Director Bimlendra Jha has said. Currently, the capacity of the Odisha plant is being ramped up to 11.6 million tonne
NCLT directs Swan Energy to make upfront payment for Reliance Naval. The Ahmedabad bench of NCLT has asked Swan Energy, the firm that had won the bid to buy Reliance Naval and Engineering Ltd in an insolvency proceeding, to make the upfront payment it had proposed in the resolution plan, sources said. Swan Energy is yet to
Sun Pharma, Aurobindo recall drugs from US market due to mfg issues. Leading drug makers Sun Pharmaceutical Industries and Aurobindo Pharma are recalling products from the US market due to manufacturing issues, according to the US Food & Drug Administration. As per the latest Enforcement Report issued by the American health
Joyalukkas to open 40 new showrooms in India, abroad in next 2 years. Leading jewellery firm Joyalukkas India Pvt Ltd plans to invest about Rs 2,400 crore in the next two financial years to open 30 new showrooms in India and ten outlets abroad, according to Chairman and Managing Director Joy Alukkas. The company is also prep
Three bidders in race to acquire RInfra road projects for Rs 6,000 crore. The sale of the entire road portfolio of Reliance Infrastructure is anticipated by the end of this month
DS Group to invest Rs 500 cr, add 3 hotels to its portfolio in 3 years. The Dharmpal Satyapal (DS) Group, a multi-business and FMCG corporation, is planning to add three new properties with a capex of Rs 500 crore in next 3 years, a top company executive has said. "Currently, we have six hotels with around 930 keys operating u
Super Plastronics eyes 8% smart TV market share in next 2 yrs: CEO Marwah. Super Plastronics Pvt Ltd (SPPL), a TV manufacturing company having licenses of several global brands, expects to have around 8 per cent market share of the smart TV market in the next two years, said director and CEO Avneet Singh Marwah. The company has a
Aramco, Siemens to sign pilot project for carbon capture and storage. Extracting carbon dioxide from the atmosphere rather than sources of emissions, the direct-air method is the costliest application of carbon capture, according to the International Energy Agency
HCCB, Tamil Nadu skill development corporation to train 5,000 youth. Leading fast-moving consumer goods major Hindustan Coca-Cola Beverages Pvt Ltd has partnered with the Government of Tamil Nadu to skill 5,000 individuals, the company said on Sunday. Under the government's 'Naan Mudhalvan' scheme, the strategic partnership
Dassault Aviation CEO to visit India, discuss marine variant of Rafale jets. Various aspects of India's proposed purchase of 26 naval variant of the Rafale aircraft are likely to be discussed during a two-day visit to New Delhi by Eric Trappier, the chairman and CEO of Dassault Aviation, the maker of the jet, people familiar with t
Energy exchange IEX to acquire 10% stake in Enviro Enablers India. Energy exchange IEX on Friday said it will acquire a 10 per cent stake in Enviro Enablers India Private Limited. The association will fulfil IEX's commitment towards sustainability and decarbonisation in line with India's net zero commitments, Indian Energ
Sebi extends dispatching period of hard copies of statements till Sept 2024. Capital markets regulator Sebi on Friday extended the relaxation to entities with listed non-convertible securities from dispatching physical copies of the financial statements to the holders of such securities till September 30, 2024. Earlier, the regulat
FMCG consumption showing improvement, gradually recovering: Dabur India. Helped by encouraging macro indicators, FMCG consumption is showing improvement year-on-year, though the recovery has been gradual, Dabur India said in its quarter updates. This quarter witnessed a mild summer and a slightly deficient monsoon. The festive
DoT disposes VIL objections over license fee demand of Rs 3,273 crore. The telecom department has disposed-off Vodafone Idea's (VIL) representation and objections related to license fee demand of Rs 1,749 crore and Rs 1,524 crore, respectively, for FY2016 and FY2017, the troubled telco said. The company further said it is stu
Essar Oil UK selects Mitsubishi as technology licensor for carbon capture. Essar Oil UK Limited (EOUK) on Friday said it has selected Mitsubishi Heavy Industries Ltd as technology provider for the development of the required basic engineering design package for its new EET Industrial Carbon Capture facility based at Stanlow, UK.
SBI chairman Dinesh Kumar Khara gets extension till August next year. State Bank of India (SBI) on Friday said the government extended the tenure of the bank's chairman Dinesh Kumar Khara till August next year. The government extends the term of office of Dinesh Kumar Khara, Chairman, State Bank of India beyond October 2023
Prestige Group Q2 sales bookings up 2-fold to Rs 7,092 cr on strong demand. Realty firm Prestige Group on Friday reported more than two-fold jump in sales bookings to Rs 7,092 crore in the second quarter of this fiscal year, on strong demand for residential properties. In a regulatory filing, Prestige Group informed that it has re
Mukesh Ambani's Reliance Retail Ventures to raise 8 million from ADIA. The investment by ADIA at a valuation of 0.8 billion will translate into a stake of 0.59% in company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing
Reliance Retail Ventures to raise Rs 4,966.80 crore from ADIA arm. This investment by ADIA will translate into an equity stake of 0.59 per cent in the company on a fully diluted basis
Softbank sells 2.54% stake in PB Fintech; Godrej Industries shares up 20%. Shares of Godrej Industries shot up by 20 per cent on Friday following speculation that the two factions of the Godrej family have finalised the terms of separation
TVS Motor, BMW commence production of first electric bike CE 02 at TN plant. The factory located about 70 kms from Bengaluru, was engaged in the production of vehicles co-developed by the two auto companies
Titan posts 20% Q2 revenue growth, Jewellery biz reports 19% revenue growth. Leading jewellery and watchmaker Titan on Friday reported a 20 per cent growth in standalone revenue for the second quarter ended September 30, 2023. During the period, it added 81 stores across verticals, taking the group's retail presence to 2,859 outlet
Norris Medicines recalls toxic cough syrups, says only sold in India. Tests by India's Central Drugs Standard Control Organisation showed the medicines were contaminated either with diethylene glycol or ethylene glycol
FDA has accepted NDA for dermatological drug Deuruxolitinib: Sun Pharma. Sun Pharmaceutical Industries Ltd said that it had submitted an 8mg twice-daily regimen of deuruxolitinib for FDA review
Air India commissions mega warehouse facility in Delhi for engg spares. Air India on Friday said it has commissioned a mega warehouse facility in Delhi for storing over 1,000,000 engineering spares for aircraft maintenance. Spread across 54,000 sq ft and located near Terminal 3, at Delhi Airport's cargo complex, the centralise
Jio, Airtel roll out special plans to woo cricket fans during World Cup. With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup
MOIL's manganese ore output grows 45% in April-September; sales up 48%. State-owned maganese ore producer MOIL on Friday said it has recorded a 45 per cent rise in its production at 8.15 lakh tonnes (LT) during April-September 2023. It had produced 5.63 LT manganese ore during the corresponding six-month period of the previous
Barclays hires Credit Suisse dealmakers in India amid firmwide job cuts. The UK bank is seeking to replenish its ranks in the market after Ashish Jhaveri, head of mergers and acquisitions for the firm in India, left for Jefferies Financial Group Inc
Reliance Retail's JioMart ropes in MS Dhoni as its brand ambassador. JioMart has onboarded Reliance-owned brands including Urban Ladder, Reliance Trends, Reliance Jewels, Hamleys among others further augment the selection on the platform
US FDA approves NDA for Sun Pharma's alopecia drug Deuruxolitinib. Sun Pharma's NDA submission comprised data from two Phase-III trials, 'THRIVE-AA1' and 'THRIVE-AA2,' involving over 1,200 patients across more than 135 clinical trial sites
Disney in talks with Gautam Adani, Sun TV to sell its India assets. Disney is likely getting a boost as marquee global brands line up to tap India's massive consumer base, with advertising slots being sold at ,600 a second
Dabur flags weak Q2 operating profit on delayed monsoon, festive season. Dabur, which sells Vatika Shampoo and Honitus cough syrup brands, said improving macro economic indicators and positive consumer sentiment will help in "gradual" recovery in urban and rural markets
TCS to consider share buyback in board meeting on October 11. This comes at a time when IT companies are struggling to maintain healthy revenue growth
Tata Motors global wholesales up 7% in Q2, Jaguar Land Rover drives growth. Company sequentially posted a 6.3% rise in group global wholesales
TCS to consider buyback of shares in board meeting on October 11. The last instance when TCS proposed a buyback plan was in March 2022. The buyback share price was Rs 4,500 per share
Vedanta Resources open to changing terms of proposal to delay bond payment. Some bondholders said they wanted more cash up front than what was offered by the company, said some of the people, who asked not to be named because the discussions are confidential
SRM Contractors files draft papers with Sebi to mop-up funds via IPO. SRM Contractors Ltd has filed preliminary papers with capital markets regulator Sebi to mobilise funds through an Initial Public Offering (IPO). The maiden public issue is entirely a fresh issue of 62 lakh equity shares, according to the Draft Red Herring
Maruti Suzuki offers discounts up to Rs 68,000 on Celerio, Alto, S Presso. Maruti is offering discounts of up to Rs 45,000 for the petrol manual transmission and automatic variants of Brezza
Domestic D2C market likely to reach GMV of billion by 2027: Redseer. The report said that third-party logistics (3PL) would ride on the back of the Indian D2C market growth
Biocon, Juno Pharma ink pact for commercialisation of Liraglutide in Canada. Under the agreement's terms, Biocon will be responsible for obtaining regulatory approvals for Liraglutide and will subsequently manage the manufacturing and distribution of the product within Canada
Saint-Gobain India investing Rs 3,400 cr in Tamil Nadu across different biz. Saint-Gobain India, a leading glass maker and a player in the housing solutions business on Friday said it is investing Rs 3,400 crore in Tamil Nadu across different businesses. This is part of the Rs 8,000 crore investment, which Saint-Gobain has committe
Indian Festival 2023 sale will be much bigger than last year: Amazon VP. Amazon, on Friday, also launched its 'Amazon Xperience Arena' event in Delhi NCR. The subsequent editions of the event will be held in Pune, Hyderabad, Chennai, and Kolkata
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