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NSE share market NEWS tomorrow (26 September, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 September 2023

Ncc was amongst the top gainers, currently trading at 159.45 in NSE with 3.495 times change in volumes and 7.121% change in price. Other gainers included Idea Cellular with 7.08% price change and 3.119 times volumes, Kalyan Jewellers with 6.048% price change and 1.175 times volumes, Bse with 5.816% price change and 1.973 times volumes, and Varun Beverages with 4.487% price change and 4.176 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.

Shriram Finance was amongst the top losers, currently trading at 1884.60 in NSE with 0.578 times change in volumes and -3.133% change in price. Other losers included Glenmark Pharmaceuticals with -2.966% price change and 0.734 times volumes, Union Bank with -2.303% price change and 0.694 times volumes, Mphasis with -2.084% price change and 0.77 times volumes, and Muthoot Finance with -1.939% price change and 2.874 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.

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

UP Rera warns buyers, investors against misleading, fraudulent ads. The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Tuesday termed the advertisements of Sarvottam World as "misleading and fraudulent" and warned buyers and investors against its upcoming project. The UP RERA noted that a real estate project n

Shree Renuka to acquire 100% stake in Anamika Sugar Mills for Rs 235 cr. Shree Renuka Sugars on Tuesday said it has entered into an agreement to acquire a 100 per cent stake in Anamika Sugar Mills for Rs 235.5 crore. Renuka Sugars is one of the leading sugar firms in the country. In a regulatory filing, Shree Renuka Sugars info

Air India to invest 0 million towards training its pilots, cabin crew. The airline will partner with plane manufacturers Airbus and Boeing to train its staff

Mercedes on track to continue record sales in 2023 amid surging demand. German luxury carmaker Mercedes-Benz expects 2023 to turn out to be its best year in terms of sales in India as the demand for high-end cars continues to grow post the Covid pandemic, according to a top company official. The carmaker, which sold 15,822 uni

Samsung to start manufacturing laptops in India from next month: Report. The laptops will be made at Samsung's Noida plant, which currently produces mobile phones

OYO set to report maiden profit of over Rs 16 crore in Q2: Report. Oravel Stays Ltd, which operates travel tech brand OYO, is set to report its first-ever profit after tax of over Rs 16 crore in the current quarter ending September, according to an email sent by OYO's founder and CEO Ritesh Agarwal to the company's top ma

NCLAT to start hearing Google plea against CCI penalty from Nov 28. The National Company Law Appellate Tribunal (NCLAT) will on November 28 begin hearing Google's plea against CCI imposing Rs 936.44 crore penalty on the tech giant for abusing its dominant position with respect to Play Store policies. This comes after one o

India is one of world's most competitive aviation markets: IndiGo CEO. India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. IndiGo is the country's largest carrier with a domestic market share of more than 63 per cent

EV motorcycle startup Raptee raises mn pre-Series A funding round. Premium EV motorcycle startup Raptee on Tuesday said it has raised USD 3 million in a pre-Series A funding round. The all-equity funding round led by deep-tech VC fund BlueHill Capital, also saw participation from industry stalwarts as well as HNIs, Raptee

Road secy Anurag, ex-DPIIT official Anil join ONDC's advisory council. Road, Transport and Highways Secretary Anurag Jain and former additional secretary in the department for promotion of industry and internal trade (DPIIT) Anil Agarwal have become new members in the advisory council of ONDC, an official said. With this, the

Cipla introduces drone-powered critical medicine delivery in Himachal. Drug major Cipla on Tuesday said it has introduced drone-powered deliveries of critical medicines for hospitals and pharmacies in Himachal Pradesh in partnership with Sky Air Mobility. The Mumbai-based firm aims to deliver medicines for cardiac, respirator

Airbus names sales chief Scherer CEO of core planemaking operation. The appointment of Scherer, 61, heralds broad continuity inside the main commercial arm, which competes with Boeing and makes up about 70% of the company's revenues

AI, Singapore Airlines to maintain minimum capacity on certain routes. Air India and Singapore Airlines will ensure minimum capacity on various domestic and international routes, including Delhi-Sydney and Delhi-Paris, as part of commitments made to fair trade regulator CCI to address possible competition concerns arising out

Y-Combinator-backed Mudrex becomes FIU-registered crypto platform. Mudrex has become the third crypto platform to be registered with the FIU after WazirX and CoinDCX

IndiGo should be compared with global carriers, not domestic: CEO Elbers. Outlook should be broader and ask why Indian carriers have a small share in international routes, he says

Beauty care firm Pilgrim raises mn in funding for business expansion. Company says it will use money for brand building, research, and bolstering its offline presence

Axis Bank plans to extend its network in Gujarat by adding 28 more branches. Axis Bank plans to extend its branch network in the state by adding 28 more branches and 69 new ATMs this financial year, as it aims to enhance accessibility for the people of Gujarat. The lender opened its 5000th branch in Ahmedabad city on Tuesday, 29 ye

Govt owned WAPCOS scraps IPO plans; withdrawal reasons not disclosed. Public sector firm WAPCOS Ltd has decided to shelve its plan for an Initial Public Offering (IPO), through which the government was looking to divest shares. The maiden public issue was slated to be a complete Offer For Sale (OFS) of up to 32,500,000 equit

Cipla to deliver essential medicines through drones in Himachal Pradesh. Company aims to scale drone operations in Uttarakhand and NE India

Pegatron India's iPhone factory shutdown may go into day 3: Report. Pegatron has asked independent surveyors to assess the fire damage, a fifth source said

Infosys partners with Microsoft to accelerate adoption of GenAI. Both companies will enable enterprises to take an AI-first approach and help improve operational efficiencies, drive revenue growth, and enable business transformation

Alibaba starts restructuring with plan to list logistics arm in Hong Kon. In the months since, the company has approved a process to start external financing for its international commerce arm and was also looking to list its cloud unit

India demands 0 mn in taxes from Tiger Global-backed gaming firm Dream11. Dream11 has filed a lawsuit in the High Court in Mumbai challenging the notices, court papers showed. The case is likely to be heard in coming days

Bajaj Auto launches Pulsar N150 at a starting price of Rs 1.18 lakh. The bike is available in three colours: Racing Red, Ebony Black, and Metallic Pearl White

Tax dept notifies 'Angel Tax' rules for valuing investments in startups. The income tax department has notified rules for valuation of investments by resident and non-resident investors in startups, thus paving way for implementation of the changes brought in 2023-24 Budget. As per the changes in Rule 11UA of I-T rules, the Cen

Ambani's children will get no salary, only fee for attending board meetings. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm

GalaxEye, ideaForge to build foliage penetration radar for armed forces. Bengaluru-based space start-up GalaxEye has joined hands with ideaForge, a drone manufacturing company, to develop a customised radar for the armed forces that can enable them to see through dense foliage and fog. The UAV FOPEN (Foliage Penetration) Radar

Omaxe Group acquires over 5 acres of land in Ludhiana for Rs 220 crore. The group has another 22 million sq ft of space under construction

Omaxe Group acquires over 5 acres of 'prime' land in Ludhiana for Rs 220 cr. Realty firm Omaxe Group on Tuesday said it has acquired over 5 acres of land in Ludhiana, Punjab for Rs 220 crore. In a statement, Omaxe said it has "secured more than 5 acres of prime land... through a competitive bidding process conducted by the Rail Lan

Beauty startup Pilgrim raises million in Series B funding round. Pilgrim, a startup operating in the field of beauty and personal care, on Tuesday said it has raised USD 20 million (around Rs 166.6 crore) in a funding round. This Series B round was led by Vertex Ventures Southeast Asia and India along with existing inve

Nuvama Wealth makes trading debut, stock finishes at Rs 2,612.5 on NSE. The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions

Zerodha profit and revenue up 39% at Rs 2,907 cr and Rs 6,875 cr in FY23. Zerodha's active user base has crossed 6.4 million, CEO Nithin Kamath says maintenance and onboarding charges to continue despite high competition

India's M&A deal value falls to lowest in the last five years, shows data. Deal value falls 69% in first nine months of 2023

NetApp CEO George Kurian wants India to be largest in Asia for its business. NetApp, which completes 20 years in India, has one of its largest research and development centres in Bengaluru

Moody's downgrades Vedanta Resources' corporate family rating to Caa2. Moody's has also downgraded to Caa3 from Caa2 its rating on the senior unsecured bonds issued by VRL

Reliance Industries may transform into holding company: CreditSights. Oil-to-telecom conglomerate Reliance Industries Ltd may eventually transform into a holding company, with majority stakes in independent entities that operate the major business verticals, CreditSights, part of the Fitch Group, said on Monday. In a report

Kishore Biyani moves Bombay HC against forensic audit of Future Retail. Kishore Biyani, the erstwhile promoter of debt-ridden Future Retail, has moved the Bombay High Court against the forensic audit process of the company. Earlier in August this year, Kishore Biyani and his brother Rakesh Biyani were asked by Bank of India to

Flipkart Ventures invests in five early-stage technology startups. These investments are a part of the accelerator programme - Flipkart Leap Ahead (FLA)

Google, Walmart ask Bengaluru staff to work at home amid state water row. The dispute over who gets access to the water has been a source of friction between the states of Karnataka and Tamil Nadu for more than a century

RIL seeks postal ballot vote for Ambani third-gen's board appointment. In August, the company's board had approved the proposal of the three appointments, seen by many as the start of succession

DB Realty to acquire stakes in 3 hotels for more than Rs 2,300 cr. Mumbai-based D B Realty Ltd on Monday said it will acquire shares in Bamboo Hotel Global Centre, Goan Hotels & Realty and BD And P Hotels for more than Rs 2,300 crore. These deals fall into related party transactions and are done at an arm's length basis,

Unitech case: ED provisionally attaches land worth over Rs 125 crore. The Enforcement Directorate has provisionally attached land worth Rs 125.06 crore belonging to Unitech Infopark Limited in connection with its probe into money laundering allegations arising out of complaints from home buyers of the Unitech group, official

Serentica Renewables secures Rs 5,600 crore funding from REC, PFC. Serentica Renewables on Monday said it has raised Rs 5,600 crore funding from state-owned firms REC and PFC. It has raised Rs 3,000 crore debt funding from REC and Rs 2,600 crore debt funding from PFC, the company said in a statement. This transaction is i

Refex Group to invest Rs 1,300 cr in unit catering to business travel. Green mobility unit to uses electric vehicles to transport corporate workers

Apple's Indian contract unit temporarily halts iPhone assembly after fire. Taiwanese firm cancelled first two shifts of day at factory near the city of Chennai in Tamil Nadu state, and is yet to inform assembly workers whether it will operate third shift of day

MP partners with Magic Bus to bring life skills programme to govt schools. Magic Bus India Foundation, a non-profit organisation that provides education and skilling, on Monday said it has partnered with Madhya Pradesh government to introduce project 'Saksham' -- a life skills education programme -- in government schools. The Dep

IHCL opens resort in Sikkim; to set 11 hotels in NE, 3 under development. Tata group hospitality firm Indian Hotels Company Ltd (IHCL) on Monday announced that it has expanded its footprint in Sikkim with the opening of a resort in state capital Gangtok. The 69-key resort, spread over 14 acres of land, is a serene hide-out and i

Power Grid Corp to raise up to Rs 2,250 crore via bonds to fund capex. The bonds are redeemable at par in 10 equal instalments and interest payment on a yearly basis

Global hardware players in talks with local firms to manufacture under PLI. Last week, IT Minister for state Rajeev Chandrasekhar said that the Centre is aiming to meet up to 70% of the country's IT hardware requirement through local production in the next 3 years

IndianOil unveils nation's 1st green hydrogen run bus that emits just water. India's top oil firm IOC on Monday unveiled the nation's first green hydrogen-powered bus that emits just water as it takes the lead in bringing out unrivaled tools to replace fossil fuels. Indian Oil Corporation (IOC) will produce close to 75 kg of hydrog

Lego looks toward sustainable materials despite failed recycle attempt. Denmark's Lego said on Monday that it remains committed to its quest to find sustainable materials to reduce carbon emissions, even after an experiment by the world's largest toymaker to use recycled bottles did not work. Lego said it has decided not to pr

Refex group expands Green Mobility business, to add 10,000 EVs in 3 years. The city-based Refex group engaged in diverse businesses has expanded its Green Mobility vertical here, a top official said on Monday. The company had launched the Refex Green Mobility Ltd business in Bengaluru in March this year and has now forayed into t

Burman family makes open offer to acquire 26% stake in Religare Enterprises. The entities are now looking to acquire 90,042,541 shares at a face value of Rs 235 per share

Emcure Pharma plans 0-500 mn IPO in 2024; hires JP Morgan, Jefferies. Emcure, backed by private equity firm Bain Capital, has hired investment banks JP Morgan, Jefferies and Kotak for the IPO, and is targeting a valuation of about billion

TCS expands partnership with Africa's Standard Bank Group for security ops. Tata Consultancy Services (TCS) on Monday said it has expanded partnership with Africa's Standard Bank Group for security settlement operations. The Indian IT major will use their TCS BaNCS Global Securities Processing Platform for centralising and standar

Strides Pharma to spin off CDMO, soft gelatin biz into a new entity. The company's board has approved a scheme of arrangement amongst Strides Pharma Science, Steriscience Specialties and Stelis Biopharma, the drug firm said in a regulatory filing

Amazon to invest bn in AI startup Anthropic amid growing tech battle. Amazon is investing up to USD 4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said on Monday. The investment underscores how Big Tech companies are pouring money into AI as they race to capitalis

Can't interfere in employment pact between Akasa, pilots: DGCA in Delhi HC. The bench of Justice Manmeet Pritam Arora recently kept the order reserved and asked the concerned parties to file their written synopsis

Cashfree Payments partners with Shopify to launch onsite payments. / -- Cashfree Payments, India's leading payments and API banking company, has partnered with Shopify to launch onsite payments with cards for Indian merchants. With onsite payments, merchants can offer a seamless and swift checkout experience to customers

King's Infra launches digital platform for stakeholders in acquaculture biz. Seafood and aquaculture firm King's Infra Inventures on Monday launched a digital platform 'SISTA360', that provides transparent, traceable and profitable solution for the entire acquaculture value chain. On its digital platform, the Bengaluru-based acquac

Meesho enables over 500,000 job opportunities for upcoming festive season. Meesho sellers are projected to hire over 3 lakh seasonal workers as part of their requirements for the festive season

Burmans seek to boost financial services play with control of Religare. The Burmans now want to "increase the family's stake and take control" of Religare, in a move that will pit them against other billionaire families in the same business

Essar Oil UK division Vertex Hydrogen to change name to EET Hydrogen. Essar Oil UK arm Vertex Hydrogen on Monday announced its plan to switch to a new brand identity, EET Hydrogen as it looks to become a major pillar in the group's energy transition. This change is a natural progression in the development of the company from

Shyam Metalics to foray into lithium ion battery-grade aluminum production. City-based Shyam Metalics and Energy Limited on Monday announced its entry to battery-grade aluminum foil, a critical component in lithium-ion cells, anticipating growing demand from Indian companies foraying into the new-age batteries. The company is a pr

SKUAST launches agricultural-entrepreneurship startup training programme. The Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST) on Monday launched a skill training programme for creating the next generation of agri-entrepreneurs in Jammu and Kashmir. The Ministry of Micro, Small and Medium Enterprises (M

HC issues fresh notice to BBC on plea regarding documentary on PM Modi. The Delhi High Court on Monday issued fresh notice to the British Broadcasting Corporation (BBC) on a plea by an NGO seeking damages, claiming its documentary "India: The Modi Question" casts a slur on the country's reputation and makes false and defamator

Strides Pharma to spin off CDMO, gelatin business into separate entity. OneSource is created by merging Strides' soft-gel business and SteriScience CDMO injectables business into current Stelis

Moody's upgrade Tata Steel to investment grade on debt reduction efforts. The upgrade reflects our expectation of the continued strength in Tata Steel's credit profile due to the company's solid market position in India," the ratings agency said

NCLAT to hear Google's appeal against Rs 936 crore penalty from Nov 28. The appellate tribunal has asked the parties in the case to submit their responses within four weeks

Tata Communications to expand media & entertainment services: Details here. Amur Lakshminarayanan, managing director and chief executive of Tata Communications, stated that the company will continue investing in building its portfolio to keep the growth momentum

Bombay HC reserves order on plea maintainability in Akasa-pilot matter. The order, which will now be pronounced on 27 September, will decide if the troubled airline can proceed with the case before the Bombay High Court

Air India enters into codeshare pact with its subsidiary AIX Connect. Tata Group-owned Air India has entered into a codeshare pact with its subsidiary AIX Connect and initially, the pact will cover more than 100 flights a day on 21 routes. "The codeshare implementation enables Air India guests to connect seamlessly on AIX Co

Investors to throw million funding lifeline to cash-strapped Dunzo. The new funds will be allocated on a pro rata basis, proportional to the stake the investors hold in the company. However, the valuation remains undecided

Most valuable India firm RIL hits oversold level after six-month gap. The stock dropped 0.7% to 2,339.50 rupees in provisional close on Monday, poised to breach its 200-day moving average

RBI imposes penalty on 3 state-owned banks including SBI, Indian Bank. RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

Aditya Birla Finance aims to raise Rs 2K cr via non-convertible debentures. The NCDs are divided into three maturity options of three years, five years, and 10 years

Glenmark Pharma's life sciences arm deal may hit FY25 revenue estimates. But it will have additional cash to recalibrate its innovative pipeline

PGHH is cautiously optimistic on India's FMCG sector in the near-term. At its first-ever investor day, which the company held for both its entities - PGHH and Gillette India, the firm noted that commodity prices continue to remain high

Volume growth returning, rural demand seeing green shoots: Procter & Gamble. With softening of inflation, volume growth is finally returning and rural demand is witnessing green shoots, Procter & Gamble Hygiene and Health Care Ltd (PGHHL) said on Friday. PGHHL, which reported a 12 per cent sales growth in FY23 and 3 per cent sales

CCMB moves 83 terabytes of genomics data to AWS cloud to boost research. CCMB has already reduced the time taken for research analysis from 550 days to just nine days, or by up to 98 per cent on average, with cloud computing services, AWS said

InGovern seeks deferment of two resolutions floated by Finolex Cables. Says corrigendum notice not issued 21 days prior to AGM

Not against DGCA or MoCA, want clarity on pilots' notice period: Akasa Air. The airline has faced heat following the abrupt exit of its 43 pilots who did not serve their mandatory notice periods

Delta Corp gets tax notice for .34 bn along with interest, penalty. The tax notice comes at a time when the company, valued at over 6 million, is already facing heat over the recent move in July by the country's GST Council to impose a 28% indirect tax

Rapido aims to rope in over 200 women as auto-rickshaw 'captains'. Bike and auto-rickshaw aggregator Rapido has drawn up plans bring on board 200 women drivers over the next three months, the company said on Friday. Currently, Rapido Auto has engaged 50 female 'captains' hailing from diverse backgrounds in the city for it

Freshers face challenge to get jobs due to those who graduated last year. Freshers are facing a 'fresher glut' created by a spike in the talent pool of young professionals with experience of one to two years

Manipur govt reprimands Airtel over availability of mobile internet service. The Manipur government has served a show cause notice to a private telecom company over the availability "of internet data services in mobile phones in some areas of Churachandpur and adjoining Bishnupur district on September 20" while the suspension of mo

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