NSE share market NEWS tomorrow (28 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (28 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 28 September 2023
Multi Commodity was amongst the top gainers, currently trading at 2096.55 in NSE with 6.359 times change in volumes and 8.237% change in price. Other gainers included Pnb Housing with 2.734% price change and 1.874 times volumes, Fsn E with 2.716% price change and 7.332 times volumes, Pb Fintech with 2.538% price change and 0.96 times volumes, and Crompton Gr with 2.24% price change and 2.151 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.
Hindustan Aeronautics was amongst the top losers, currently trading at 1889.15 in NSE with 2.334 times change in volumes and -50.774% change in price. Other losers included Tech Mahindra with -4.59% price change and 4.19 times volumes, Hindustan Zinc with -4.196% price change and 5.724 times volumes, Indian Bank with -4.145% price change and 1.368 times volumes, and Marico with -4.111% price change and 1.985 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.
CDIL 1st Indian firm to make silicon carbide chips, starts unit in Mohali. CDIL Semiconductors has also partnered with the government's Semi-Conductor Laboratory (SCL) in Mohali
Eutelsat, OneWeb merge to create GEO-LEO space connectivity company. Eutelsat on Thursday announced the completion of a merger with OneWeb, creating the world's first geostationary-low earth orbit (GEO-LEO) satellite space connectivity company. The completion of Eutelsat Communications' all-share combination with OneWeb was
Genpact integrates GenAI in financial crime analysis to save time and costs. Genpact said it was the first company to provide genAI solution for financial crime risk analysis as well as to utilise Amazon Bedrock
Co-working firm EFC exploring FPO, other ways to raise funds for expansion. Co-working spaces firm EFC India on Thursday said it is exploring various options, including Follow-on Public Offer (FPO), to raise funds for expanding its capacity to 60,000 seats by the end of this fiscal. The company said in a statement that it has rece
Cognizant appoints Wipro's Jatin Dalal as its next chief financial officer. Dalal will report to Ravi Kumar S, Cognizant's Chief Executive Officer (CEO), who joined the company last October
Flipkart to host its 'Big Billion Days' sale event from October 8. Flipkart's chief rival, Amazon, is also hosting its flagship sale event, 'Great Indian Festival' (GIF), on October 8, with early access for Prime members beginning October 7
Flipkart appoints Microsoft's Keshav Dhakad as senior V-P, general counsel. Dhakad has moved out of Microsoft after spending 15 years with the tech giant in various roles
IHC to sell stake in Adani units as part of portfolio rebalancing strategy. It did not disclose the name of the buyer or the extent of the investment it was selling. Adani Green Energy and Adani Energy Solutions did not immediately reply to Reuters requests for comment
Eveready Industries India plugs in 'Ultima' to power up premium play. Suvamoy Saha, managing director of Eveready, pointed out that in India, device penetration was low and battery usage traditional
Indian EV charger maker Exicom Tele-Systems files for million IPO. The company proposes to utilise the proceeds for partially financing the cost of setting up production lines at its planned manufacturing facility in Telangana
Tamilnad Mercantile Bank MD & CEO Krishnan resigns, cites personal reasons. Krishnan also served as the MD and CEO of Punjab and Sind Bank from September 4, 2020 to May 31, 2022
Supercross India plans to invest Rs 150 cr in 3yrs to create racing infra. Supercross India Pvt Ltd, the parent firm of CEAT Indian Supercross Racing League, on Thursday said it plans to invest Rs 150 crore in the next three years. The investment will be towards creating racing infrastructure, grassroots development and ensuring
Revenue share demands by internet-telcos like rent-seeking: IAMAI. The Internet and Mobile Association of India (IAMAI) has said demands made by telcos for revenue sharing mechanisms between internet companies and telecom service providers (TSPs) "smack of rent-seeking", and would disincentivise growth for OTT-based busin
NLC India completes PPAs for 2,400 MW coal-fired Talabira plant in Odisha. NLC India on Thursday said it has completed Power Purchase Agreements (PPAs) for its upcoming 2,400 MW Talabira Supercritical Thermal Power Plant (STPP) in Sambalpur district of Odisha. Power transmission company GRIDCO Ltd on Thursday signed the PPA to so
Tata Consultancy Services retains top spot as most valuable Indian brand. India's top 75 brands have a combined brand value of 9 billion, a decline of 4 per cent from 2022
Tata Steel inks pact with IOCL to further reduce carbon footprint. Tata Steel on Thursday said it has signed an agreement with Indian Oil Corporation Limited and its business associate to further reduce carbon footprint at its Ferro Alloys plant. The agreement encompasses LPG supply, installation of LPG facilities, and th
Starlink to get licence to offer satellite internet by next month. After getting the license, Starlink will become eligible for spectrum allocation, after which it can start providing satellite broadband services
Google, Facebook, X, Edtech Cos likely to pay up to 18% IGST from October 1. OIDAR service provider companies such as Google, X, and Facebook may have to pay integrated GST up to 18 per cent on services provided to the government and individuals in India
Adani group appoints new auditor for its main UK subsidiaries: Report. MUMBAI (Reuters) - India's Adani group has switched the auditor of its main UK subsidiaries to the smaller London-based firm Ferguson Maidment & Co after previous auditor Crowe UK resigned in March, FT reported.
Amara Raja Batteries rebrands as Amara Raja Energy & Mobility Ltd. The name change aims to better reflect the expansion of the organisation and encompass the range of solutions and products offered such as renewable energy storage solutions and EV chargers
HP partners with Google to make Chromebooks in India from next month. PC maker HP has joined hands with Google to manufacture Chromebooks in India from October 2, the company said on Thursday. The Chromebook devices will be manufactured at the Flex Facility near Chennai, where HP has been producing a range of laptops and des
Cooperating with authorities, promise all support: Lenovo on I-T searches. Chinese PC maker Lenovo on Thursday said it is cooperating with authorities and promised all support in the matter of searches carried out by Income Tax Department at its premises. The department conducted searches at Lenovo's Gurugram and Bengaluru premis
SAIL expects four coking coal ships of 75,000 tonnes each from Russia. SAIL said it was working on doubling coking coal production capacity in International Coal Ventures Private Limited (ICVL) at Mozambique
P&G India announces Rs 300 cr fund for startups for supply chain solutions. FMCG maker Procter & Gamble India on Thursday announced a Rs 300 crore fund to collaborate with external partners and innovators for co-creating solutions for a modern supply chain ecosystem. P&G Supply Chain Catalyst Fund will provide an opportunity to st
DCM Shriram raises Rs 200 cr from HSBC India as sustainability linked loan. DCM Shriram, which has a presence in sugar, fertiliser and chemical businesses, has raised a Sustainability Linked Loan (SLL) of Rs 200 crore from HSBC India to fund its capex plan in Gujarat. This strategic financial move is aimed at supporting the compan
GreenCell, SCB ink green financing deal for Surat E-Mobility project. Electric mobility player GreenCell Mobility on Thursday said it has signed a green financing deal with Standard Chartered Bank for its Rs 125-crore Surat E-Mobility project. Surat E-Mobility project consists of 150 electric buses in Gujarat and aims to red
Ashwin Dani, credited for success of Asian Paints, passes away at 79. It was Ashwin Dani who pioneered the idea of computerised colour matching in the Indian paint industry
Shares of Finolex Cables jump over 6% after Supreme Court judgement. Shares of the company last traded at Rs 1,194, up 6.6 per cent over its previous day's close. Experts said traders are lapping up the stock in anticipation of a change in guard at the company
Global food, beverage market shrinking since start of year: Nestle. Large consumer goods companies have grown sales through sharp price rises in recent quarters, and many have suffered declines in volumes
Govt, IBM ink 8 MoUs to provide courses for youth in future-ready skills. Agencies of the ministries of education and skill development and entrepreneurship have signed eight agreements with IBM under which curated courses will be provided to empower youth in India with future-ready skills. Minister of Education and Skill Develo
Accenture forecasts first-quarter revenue below Wall Street estimates. Infosys halved its full-year revenue forecast in July, citing delayed decision-making on future projects from clients, while Tata Consultancy Services also flagged soft demand
Third Wave Coffee raises mn in series C funding round led by Creaegis. Third Wave Coffee is present in several major Indian cities, including Bangalore, Mumbai, Delhi, Gurgaon, Pune, Hyderabad, Noida, Coonoor, and Chandigarh
ONGC inks pact with NTPC Green for renewable energy projects. State-owned Oil and Natural Gas Corporation (ONGC) has signed an initial agreement with NTPC Green Energy Ltd to explore setting up green hydrogen and offshore wind projects. The Memorandum of Understanding (MoU) "will primarily explore the feasibility and
Mubadala in talks with Temasek for stake buy in Manipal Hospitals. The fund is holding talks with Singapore's Temasek, which spent billion in April to raise its stake in Manipal to 59% from 18% in the biggest hospital sector deal in India
Sebi penalises YES Securities for wrong reporting of margin, discrepancies. Capital markets regulator Sebi has imposed a penalty of Rs 5 lakh on YES Securities (India) Ltd for wrong reporting of margin and discrepancy in the computation of client's net worth. It has been directed to pay the fine within 45 days, the Securities and
SBI to encourage corporates to implement emission reduction technology. State Bank of India, the country's largest lender will encourage corporates to implement emission reduction technologies and get better terms for availing finance, an official of the bank said on Thursday. Ashwini Kumar Tewari, the managing director (risk,
BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-yr high. "The muted reaction currently is due to weak global risk appetite," Sambor, who said inflows could rise if India becomes a part of other global indices
HP partners with Google to manufacture Chromebooks for Indian market. The devices manufactured in India will be sold solely in the Indian market and will not be exported to other countries
Swiss packaging firm SIG to set up first aseptic carton plant in Ahmedabad. Global packaging solutions provider SIG will set up its first aseptic carton plant in India at Horizon Industrial Parks' facility in Ahmedabad. SIG is partnering with Horizon Industrial Parks to set up its first aseptic carton plant in India, according to
Fintech firm CRED launches vehicle management platform 'CRED Garage'. The feature will be available within the CRED app
Brookfield to invest 0 mn in development of renewable energy projects. Axis Energy Ventures will contribute its extensive portfolio of wind and solar projects at varying stages of development across the country to the venture, said a statement
Asian Paints co-founder & non-executive director Ashwin Dani passes away. Dani embarked on his career in 1967 as a Development Chemist with Inmont Corp, now known as BASF, an industrial coatings manufacturer based in Detroit, USA
Manipal Hospitals launches SOS QR Code to hail ambulance services faster. In an attempt to save lives and provide first aid faster during medical emergencies, Manipal Hospitals on Thursday launched an advanced SOS QR code through which one can avail ambulance service at the earliest in times of distress. Manipal Hospitals has st
Sun Pharma to buyout local partner Indi Pharma in Mexican subsidiary. Sun Pharmaceutical Industries Ltd on Thursday said it will buy out local partner Indi Pharma from its Mexican arm for MXN 161.85 million (over Rs 75 crore). The company has signed a binding letter of intent to acquire the balance 25 per cent outstanding sh
Emami enters into definitive agreement to acquire 26% of Axiom Ayurveda. Axiom has its own manufacturing facility in Ambala, Haryana and is setting up a fully automated new facility in Jammu (Kathua) at a cost of Rs 160 crore
Over 8 million customers expected to shop during Myntra's festive sale. With over 23 lakh styles from more than 6000 brands, the fourth edition of the Myntra BFF offers one of the biggest assortments of selections across fashion, beauty, and lifestyle ever
Air India to roll out new uniforms for frontline employees by December. The Tata Group took charge of Air India in January last year. Currently, the conglomerate is in the process of merging Vistara into Air India
Wave Group to invest Rs 100 crore to expand film exhibition business. Realty firm Wave Group on Thursday said it will invest around Rs 100 crore to expand its film exhibition business by adding 35 screens. Wave group, which operates 10 multiplexes and 42 screens under the M3M brand, on Thursday opened a seven-screen multiple
CDIL becomes first Indian firm to produce Silicon Carbide components. Electronic component maker CDIL has become the first company in India to start manufacturing Silicon carbide semiconductors for use in high power-consuming technology products. While speaking on the sidelines of the launch of the company's new surface moun
Bhilai Steel Plant, Ramcharan tie up for carbon capture joint venture. This will lead to an investment of Rs 6,000 crore in the form of equipment from Ramcharan
OneWeb merges with French Eutelsat to form new global satcom major. Bharti Enterprises Chairman Sunil Bharti Mittal will be the co-chair of the new entity while Shravin Bharti Mittal will be a director on the board of Eutelsat Group and Bharti's lead
Aditya Birla Fashion acquires 51% stake in TCNS Clothing, becomes promoter. Aditya Birla Fashion Retail Ltd (ABFRL) has completed the acquisition of a 51 per cent stake in TCNS Clothing to become a promoter of the women's apparel brand. "The company has acquired 51 per cent of the expanded share capital of TCNS, thereby acquiring
Glenmark announces license agreements for Winlevi in Europe and S Africa. Cassiopea, a subsidiary of Cosmo, will receive an upfront payment of million and agreed double-digit royalties on net sales
Notice period only justified if airline invested in training: Air India CEO. The comment comes at a time when India's youngest carrier Akasa Air has taken legal action against its 43 former Boeing 737 pilots who resigned without serving the notice period of six months
Zepto most preferred startup for professionals in India: LinkedIn ranking. E-commerce platform Zepto, which has turned unicorn recently, has emerged as the top startup in India in terms of professionals' preferred workplace, according to a list by a top recruiting platform. Startups that followed the e-grocery app in the ranking
Glenmark, Cosmo partner to bring acne treatment Winlevi to Europe, S Africa. This agreement grants Glenmark the exclusive right to commercialise Winlevi in 15 EU countries, South Africa, and the UK
Renault, Nissan unwind key alliance structure to pursue other partnerships. Renault earlier this year agreed to lower its stake in Nissan to help smooth over frictions that emerged after the 2018 toppling of former alliance chief Carlos Ghosn
Zepto tops startup list as most preferred workplace among professionals. 14 of the 20 startups on this year's LinkedIn list are new entrants
German technology major SAP launches new generative AI assistant Joule. SAP said Joule will be embedded throughout its enterprise cloud portfolio, delivering proactive and contextualised insights from across SAP solutions and third-party sources
Apollo to acquire partially built hospital in Kolkata region for Rs 102 cr. Apollo Hospitals on Wednesday said it has acquired a partially built hospital at Sonarpur in West Bengal's South 24 Parganas with a total capacity of 325 beds in a bid to ramp up its healthcare capacity in the Eastern region. Future Oncology Hospital and R
Pegatron India fire traced to workers' failure to turn off switch: Reports. The lapse at key Apple supplier Pegatron's only factory in India, located in the southern state of Tamil Nadu, has cost three straight days of lost production
AMNS India's Hazira project to be commissioned by 2026: Laxmi Mittal. ArcelorMittal executive chairman Lakshmi N Mittal on Wednesday expressed confidence that AMNS India's Hazira project, which is under expansion, will be commissioned by 2026. In October last year, ArcelorMittal's arm AMNS India had stated that it will inves
SAT reserves decision on Punit Goenka's appeal against Sebi order. Sebi counsel assures court of completing part investigation by November
Intel appoints Gokul Subramaniam as the new president of its India site. Subramaniam, who is based in Bengaluru, has been with Intel for over 11 years and has occupied various technical and business leadership roles
Bombay HC allows Akasa Air to proceed with case against pilots in Mumbai. Justice SM Modak said that the actions rose within its jurisdiction as resignations were accepted by the company in Mumbai
Toyota Motor plans third India plant, new SUV as domestic sales surge. The world's biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time
CRISIL upgrades Suzlon Energy ratings to BBB+ with positive outlook. Renewable solutions provider Suzlon Energy on Wednesday said Crisil upgraded its ratings by two notches to BBB+/A2 with a positive outlook. "Suzlon Group today announced that Crisil has upgraded the ratings of Suzlon Energy Ltd to CRISIL BBB+/A2 from CRISI
Google to roll out Android based earthquake alert service in India. Internet major Google will roll out an earthquake alert service in India that works using sensors in Android smartphones to detect and estimate the intensity of earthquakes, the company said on Wednesday. Google has introduced "Android Earthquake Alerts Sy
Japanese firm Fujifilm forays into office printer business in India. Japanese business solutions provider Fujifilm Business Innovation on Wednesday announced its foray into the office printer business in India to tap the high growth potential. India will be the 15th operation for the company in the Asia Pacific (APAC) regio
UBS, Credit Suisse see growing probe over alleged Russian sanctions evasion. The probe is still at an early stage and may not result in charges or a settlement, the people said
Fintech firm Bright Money raises Rs 515 cr in equity, debt funding. Fintech firm Bright Money on Wednesday said it has raised USD 62 million (about Rs 515 crore) round of funding from a clutch of investors. It has about 95 per cent of employees in India. The funding includes USD 50 million in debt from Encina Lender Financ
Apollo joins look-East bandwagon for acquisitions, secures Kolkata facility. Corporate hospitals have a look-East policy as they feel this is an underserved region
Google rolls out earthquake alerts system for android users in India. The technology, through the use of tiny accelerometers present in the android smartphones, can detect the very beginnings of earthquake shaking
Amul expects no price hike after timely monsoon in Gujarat: Chief Mehta. Amul does not anticipate any price hike as the situation is "pretty" good this year after timely monsoon rains in Gujarat and flush milk procurement season is starting, GCMMF Managing Director Jayen S Mehta said on Wednesday. The Gujarat Cooperative Milk M
KODA AUTO Volkswagen India net profit up 49% in FY23 at Rs 309.5 cr. KODA AUTO Volkswagen India posted a 48.6 per cent rise in its standalone net profit at Rs 309.5 crore in the fiscal ended March 31, 2023 riding on strong revenue growth, according to financial data accessed by business intelligence platform Tofler. The com
iPhone assembly resumes production at Indian factory after fire: Pegatron. Pegatron had halted the assembly of iPhones for the past two days at its factory in Tamil Nadu state after a fire broke out on Sunday
JSW Group makes another attempt to scale-up cement, port business. JSW Infrastructure, the group's port division, aims to raise Rs 2,800 crore through an initial public offering (IPO), which closes on Wednesday
ONDC to open its platform for fintech services like credit, insurance. In insurance, ONDC is starting off with three products - health insurance, marine insurance and motor insurance
SIG to invest 100 mn euro on Gujarat plant, expects to be in top 10 markets. Leading packaging solutions provider SIG expects India to be among the top ten markets globally and will invest around 100 million Euro (Rs 878.8 crore) to set up its first plant here, its CEO Samuel Sigrist said on Wednesday. The company, which entered in
Healthtech SaaS start-up Doceree raises mn in series B funding. Following its entry into the US, India, and European markets, Doceree has also expanded its reach to Africa, Southeast Asia, and the Gulf Cooperation Council countries
Amazon Pay eyes expansion with more bank, card network partnerships. Launched in October 2018, Amazon Pay's co-branded credit card is in association with ICICI Bank and utilises Visa as the card network
Byju's rolls out new social media policy for employees amid layoffs. Any violation will be taken up by the company seriously and may result in appropriate disciplinary and legal action initiated against the employees, according to the internal company document
Air India crafts action plan to resolve spectrum of pilot concerns. In light of pilots identifying errors in flight plans, the airline will randomly scrutinise five per cent of dispatched flight plans for enhanced oversight
Century Plyboards Ltd sets revenue target of Rs 12,000 crore by 2031. Plywood and decorative veneers major Century Plyboards (India) Ltd has set an ambitious target of achieving Rs 12,000 crore turnover by 2031 from about Rs 3600 crore in 2022-23. To achieve its Vision 2031, the company is implementing a Rs 2,000 crore capex
Power Grid Corporation inks MoU with Aiims to provide medical equipment. Power Grid Corporation of India on Wednesday signed a memorandum of understanding with All India Institute of Medical Sciences (AIIMS) Raipur for providing medical equipment and an ambulance worth Rs 15.50 crore to the institute. PGCIL will provide Rs 15.5
Reliance Brands introduces new global luxury label AFEW Rahul Mishra. Reliance Brands Ltd in collaboration with Indian designer Rahul Mishra has launched a new global luxury label, AFEW Rahul Mishra. The inaugural easy-to-wear collection was presented on Wednesday at the Palais de Tokyo in Paris among global retailers, fashi
Nuvama Wealth expects AUM growing by 15-20% this fiscal: MD & CEO Kehair. Nuvama Wealth Management, which got listed on Tuesday as the new combined entity of all the listed firms of the Edelweiss Group, expects assets under management growing by an average of 15-20 per cent through the rest of the current fiscal. As of June 2023
JPMorgan sees India in its top 3 fastest-growing Asia markets in 2024. Global corporations like Apple Inc have stepped up production out of India while others like Tesla are in discussions to begin manufacturing in the country
CVC mulls controlling stake sale in Indian hospital chain HealthCare Global. The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private
Delhivery partners with Nexus Ventures, AWS for accelerator programme. Logistics company Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to launch an accelerator programme for budding entrepreneurs in the logistics space, a statement said on Tuesday. The programme, Velocity, will help b
RBI clears K N Madhusoodanan as part-time chairman of Dhanlaxmi Bank. Madhusoodanan has been an independent director with the bank since 2022
Dream11 moves Bombay High Court challenging GST show cause notices. Fantasy sports platform Dream11 has filed a petition in the Bombay High Court challenging the levy of 28 per cent GST retrospectively on bets placed on its platform. The petition filed on September 22 follows Show Cause Notices (SCN) slapped on the e-gamin
Aim to complete Vistara, Air India merger shortly: Singapore Airlines. Singapore Airlines on Tuesday said it aims to complete the merger of Vistara with Air India "as soon as possible" subject to remaining approvals from relevant authorities. Once the proposed merger, which was approved by the Competition Commission of India
Edtech firm Byju's to lay off 4,000 employees in major restructuring. The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources
Availability of green hydrogen to reduce dependence on coal: Tata Steel. The availability of green hydrogen as a fuel will help reduce India's dependence on coal for steel making, Tata Steel CEO and MD TV Narendran said on Tuesday. Narendran made the remark at the National Management Convention session of All India Management A
Officials in states function like licence raj days: Maruti Suzuki chairman. Despite the central government ushering in reforms, the manufacturing sector is yet to see enhanced growth rates as officials in the states continue to function in a way they used to during the "licence and control days", Maruti Suzuki India Chairman RC Bh
Delhi HC to pass order on Sept 27 on Akasa's plea for action against pilots. Delhi High Court is scheduled to pass an order on September 27, 2023, on a plea moved by Akasa Air against pilots who have resigned without serving the mandatory notice period
Cosmos Coop Bank merges Sahebrao Deshmukh Co-op Bank with itself. Cosmos would have 170 branches in seven states across India
Air India plane with 250 passengers suffers tech glitch at Mumbai airport. Around 250 passengers had to wait inside an Air India aircraft for more than three hours at the Mumbai airport on Tuesday evening as the plane suffered a technical glitch, according to sources. The Dreamliner aircraft was stranded on the taxiway for a long
CCI clears Carlsberg's acquisition of additional 33.33% stake in CSAPL. Competition Commission of India (CCI) on Tuesday cleared Carlsberg Breweries' proposed acquisition of an additional 33.33 per cent stake in Carlsberg South Asia Pte Ltd. The deal has been cleared under the green channel route. The proposed transaction enta
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