NSE share market NEWS tomorrow (25 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (25 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 25 September 2023
Multi Commodity was amongst the top gainers, currently trading at 1902.30 in NSE with 4.776 times change in volumes and 6.658% change in price. Other gainers included Bajaj Finance with 4.664% price change and 4.46 times volumes, Trent with 4.412% price change and 4.664 times volumes, Odisha Cement with 4.095% price change and 1.785 times volumes, and Indian Rail with 3.897% price change and 3.237 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.
Kalyan Jewellers was amongst the top losers, currently trading at 204.20 in NSE with 1.98 times change in volumes and -5.331% change in price. Other losers included Pnb Housing with -4.105% price change and 0.918 times volumes, 8 20 with -2.622% price change and 0.395 times volumes, Kei Industries with -2.595% price change and 0.919 times volumes, and Phoenix Mills with -2.471% price change and 1.348 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.
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
Who is Aparna C Iyer? All you need to know about IT major Wipro's new CFO. On Aparna's appointment, Wipro CEO Thierry Delaporte on Thursday said she is an accomplished and result-driven leader
Resignations have no impact on expansion, more pilots joining: Akasa CEO. Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years
Go First says airline's revival could be derailed by lessors' demands. Dubai Aerospace Enterprise (DAE) Capital and ACG Aircraft Leasing recently sought a Delhi court's intervention by complaining some parts had been allegedly "robbed" or the jets were corroding
Asian Development Bank appoints Bhargav Dasgupta as VP of market solutions. This comes after Dasgupta stepped down as managing director and chief executive officer of ICICI Lombard General Insurance Company on Thursday
SC allows SpiceJet to pay Credit Suisse in instalments over 6 months. After six months of payments, SpiceJet's Ajay Singh has to pay regular instalments of 0,000 to Credit Suisse
OYO added 2,800 new corporate clients in Jan-July, up 11.75% YoY: Report. Hospitality tech platform OYO has added nearly 2,800 corporate clients during the January-July 2023 period, up 11.75 per cent year-on-year, according to a report. The company in its report titled 'OYO Business Travel Trends Report 2023' revealed that it re
Agritech Ergos raises mn as equity, debt from investors to grow biz. Agritech firm Ergos has raised USD 10 million (about Rs 82.88 crore) through a combination of equity and debt from investors, including Norway's fund Abler Nordic, to expand its operations. In a statement on Friday, Ergos announced a "capital injection of
Lupin acquires five legacy brands from Meranini to solidify its portfolio. Lupin has already been marketing these brands in India since July 2021 under an agreement with A Menarini India Private Limited but will now have the full trademark ownership of the five brands
SBI raises Rs 10,000 cr via infrastructure bonds at 7.49%. Bond market dealers indicated that the softening of yields in the markets helped SBI set the coupon at a lower rate
Suzlon Group secures 29.4 MW wind capacity order from BrightNight. Suzlon Group on Friday said it has secured a new order to install 29.4 MW wind capacity from BrightNight in Maharashtra. The capacity is a part of BrightNight's 100 MW wind-solar hybrid project in Osmanabad in Maharashtra, Suzlon Group said in a statement.
Reliance Jio offers free prepaid plan for six months to iPhone 15 buyers. It includes 3 GB per day, unlimited voice, and 100 SMS per day
ANZ bank onboards HCLTech to drive digital workplace across 33 countries. Banking major ANZ has selected IT services company HCL Technologies (HCLTech) for a new engagement that entails digital workplace transformations across 33 countries. HCLTech will provide ANZ with digital workplace services and experience management across
Iron Mountain appoints Arvind Subramanian as executive VP, MD India. Iron Mountain has appointed Arvind Subramanian as Executive Vice President and Managing Director, India. Iron Mountain, which is listed on NYSE, is a global leader in innovative storage, data centre infrastructure, asset lifecycle management and informatio
Pharmaceutical firm Valiant Laboratories' IPO to open on September 27. Pharmaceutical ingredient manufacturing firm Valiant Laboratories has decided to launch its initial share sale for public subscription on September 27. The Initial Public Offering (IPO), which is an entirely fresh issuance of 1.08 crore equity shares with
Sterlite Power buys Beawar Transmission to develop project in Rajasthan. Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan. Beawar Transmission is a Special Purpose Vehicle (SPV) of REC Power Development and Consultancy Ltd. The SPV was awarded
India's Lava looks to corner a third of feature phone market share. Since it was set up in 2009, Lava has become popular for the budget phones, which have a keypad but no high-end features
Indian Potash sees no Canada supply hit amid row, hopes to extend deal. In April, Canpotex said it had agreed a supply contract with Indian Potash for shipments through Sept. 30
Citigroup warns UK staff of cuts as hundreds of roles could be affected. Bankers have been bracing for change after CEO Jane Fraser said earlier this month that Citigroup, the third-largest US
Amazon Prime Video to roll out ads across multiple countries in early 2024. The online retail firm does not break out Prime membership numbers, but Business Insider had earlier this year reported Amazon ended 2022 with 168 million Prime members in the US
HCLTech expands partnership with ANZ Banking group with a new deal. HCLTech will provide ANZ with digital workplace services and experience management across end-user devices and applications
Supreme Court asks SpiceJet to pay million to Credit Suisse for 6 months. SpiceJet said that the apex court can send the airline's chairman and managing director, Ajay Singh, to exile if the undertaking is not honoured
Myntra to scale up share of women hiring to over 21% this festive season. This drive seeks to hire women from economically disadvantaged backgrounds and extend the opportunities for means of livelihood
Intel hit with 0 million EU antitrust fine in decades-old case. The court, however, agreed with the European Commission that Intel illegally excluded rivals from the market which prompted the EU antitrust watchdog to re-open the case
Lupin inks pact to acquire five legacy brands from Menarini Group. Lupin has secured the rights to five brands - Piclin, Menoctyl, Sucramal O, Pyridium and Distaclor
Blinkit to deliver iPhone 15 and iPhone 15 plus within 15 minutes. The company has roped in Apple premium reseller Unicorn to deliver the devices, which are available to customers in Delhi NCR, Mumbai, Pune and Bangalore
Ambuja Cements incorporates three new subsidiaries to boost business. The three subsidiaries are-Lotis IFSC Private Limited, Ambuja Concrete North Private Limited and Ambuja Concrete West Private Limited
Blinkit partners with Unicorn APR to deliver iPhone 15, iPhone 15 Plus. Quick commerce firm Blinkit on Friday said it has partnered with Apple Premium Reseller Unicorn to deliver iPhone 15 and iPhone 15 Plus to customers within 10 minutes of placing orders. The facility will be available in Delhi-NCR, Mumbai, Pune, and Bengalu
IL&FS Transportation Networks appoints Danny Samuel as the new CEO. IL&FS Transportation Networks on Friday appointed Danny Samuel as CEO of the company. IL&FS Transportation Networks in a BSE filing said, Samuel was working as the Senior Vice President and Chief Operating Officer of Roadstar Investment Managers Limited. R
Income Tax dept conducts search operations at Lux Industries premises. The Income Tax department Friday conducted search operations at the various premises of hosiery major city-based Lux Industries Limited, the company said in a regulatory filing. It is alleged that the company had evaded taxed to the tune of Rs 200 crore. T
Greenish deposits, corrosion on leased aircraft: Go First lessor to HC. The Delhi High Court reserved its orders in three applications filed by aircraft lessors of the airline seeking permission to maintain their aircraft
Three-day strike against Coal India on 5 October to hit production. In August, the coal production from CIL mines stood at 52.3 million tonnes (MT), registering a year-on-year growth of 13.2 per cent over 46.2 MT
Abbott India warns of laxatives shortage in tussle with Goa regulator. The two laxative brands together have estimated annual sales of million in India, healthcare data firm Pharmarack says
IRFC posts Rs 6,337 crore profit in FY23, total revenue at Rs 23,891 cr. The Indian Railway Finance Corporation Limited (IRFC) posted a net profit of Rs 6,337.01 crore for the fiscal year 2023, an increase of over four per cent over last year, a company statement said on Friday. Addressing the Annual General Meeting, Shelly Ver
Vedanta board approve raising Rs 2,500 crore in non-convertible debentures. These would be raised in the form of secured, unrated, unlisted, redeemable NCDs in one or more tranches, the company said
Glenmark Pharma to sell 75% stake in GLS to Nirma for Rs 5,651 crore. Deal size estimated to be Rs 5,651 crore, valuing API arm at Rs 7,535 crore
Cipla's US subsidiary InvaGen gets 5 inspectional observations from USFDA. The inspection was a routine current Good Manufacturing Practices (cGMP) inspection and a Pre-Approval Inspection (PAI) for a site transfer product within InvaGen
Social gaming platform Eloelo raises million in Pre-Series B round. The funds from this round will be utilised to forge partnerships with creators, develop innovative tools across AI and AR (augmented reality)
Lower inflation's full impact likely from Q3: Dabur India's Mohit Malhotra. The home-grown fast-moving consumer goods major also anticipates a good festival season to aid its growth in the December quarter
Two-year-old edtech startup Infinity Learn crosses Rs 100 cr revenue. The company's revenue from operations reached Rs 100 cr in 2022-23 compared to just Rs 2.3 crore in 2021-22 and the firm said it has become PAT positive
Hettich invests Rs 600 crore in Madhya Pradesh, opens manufacturing plant. Andre Eckholt, managing director of Hettich India, SAARC, Middle East, spoke with Business Standard about the company's experiences and expansion plans in Indore and Madhya Pradesh
Nagal gets support from DLTA, PepsiCo after speaking about financial crunch. Soon after Sumit Nagal shared his financial struggle in an interview with the PTI, support began to pour in for India's top tennis player with leading beverage company PepsiCo India and the DLTA rushing to his aid. The Delhi Lawn Tennis Association (DLTA)
Amazon launches Multi-Channel Fulfilment for sellers and brands in India. Amazon's logistics capabilities to handle customer orders received from a wide range of sales channels, including their own websites, enabling seamless fulfilment with speed and convenience
Adani Group bags Rs 13,888 cr worth contracts for smart meter installation. Adani Group on Thursday bagged two contracts worth Rs 13,888 crore from a state-owned discom to install smart meters. A total of six tenders were awarded by the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to install smart meters, of whi
L'Oreal expands operations in India, enters dermocosmetic market: Report. French personal care company L'Oreal on Thursday announced its entry into the Indian dermocosmetic market and said it has introduced L'Oral Dermatological Beauty (LDB) in the country. LDB, a new division for the Indian market will bring products to dermato
Par panel again asks aviation min about value of A-I disinvestment. A Parliamentary panel on Thursday again asked the civil aviation ministry to explain about how the enterprise valuation of Rs 18,000 crore was arrived for the disinvestment of Air India that was completed in January last year. The matter has been mentioned
IFC, construction firm Sunteck set up JV for nearly 12K housing units. IFC's proposed investment is for up to Rs 330 crore ( million), with the remainder to be brought in by Sunteck Realty
India's struggling carrier Akasa blames regulator 'inaction' as pilots quit. Akasa is suing some of the pilots for alleged contractual violations, and has warned in court that it might have to shut down if the exits continue
DLF's rental arm DCCDL raises Rs 1,100 cr through issue of debentures. DLF's rental arm DCCDL has raised Rs 1,100 crore through issuance of non-convertible debentures on a private placement basis. In a regulatory filing on Thursday, DLF informed that the DLF Cyber City Developers Ltd (DCCDL) board has approved the allotment o
Cisco Systems beefs up cybersecurity play with billion Splunk deal. Cisco offered 7 in cash for each share of Splunk, representing a 31% premium to the company's last closing price
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