NSE share market NEWS tomorrow (22 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (22 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 22 September 2023
8 20 was amongst the top gainers, currently trading at 85.80 in NSE with 15.08 times change in volumes and 18.837% change in price. Other gainers included Jsw Energy with 7.186% price change and 2.488 times volumes, Union Bank with 5.654% price change and 1.739 times volumes, Canara Bank with 5.076% price change and 2.216 times volumes, and Rail Vikas with 5.069% price change and 1.923 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.
Kei Industries was amongst the top losers, currently trading at 2479.70 in NSE with 3.798 times change in volumes and -3.649% change in price. Other losers included Zydus Lifesciences with -3.257% price change and 1.137 times volumes, Info Edge with -3.144% price change and 2.224 times volumes, Glenmark Pharmaceuticals with -3.008% price change and 1.756 times volumes, and Macrotech Developers with -2.942% price change and 1.235 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.
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
Ambani's Viacom18 to strike deal with Blacktone for new Mumbai HQ. Viacom, which runs TV channels and digital streaming platform JioCinema, competes with the likes of Walt Disney in India
Visa application startup Atlys raises million in series A funding. Investment round led by Peak XV and Elevation Capital
GAIL issues tender to buy 1 LNG cargo for October delivery: Reports. India's largest gas distributor is seeking the cargo for delivery to the Dabhol terminal between Oct. 19-31
Vedanta Resources in talks with PE funds for billion debt repayment. The mining conglomerate is simultaneously in discussions with bondholders to modify repayment timelines on a portion of the .2 billion bonds
Schneider Electric lines up Rs 3,200 cr capex by 2026: CEO, MD Sharma. Schneider Electric India has lined up an investment of Rs 3,200 crore by 2026 to increase its footprint in the country, company's CEO & MD Deepak Sharma said. The investments will be made in nine states, Sharma who is also the President Greater India regi
RazorpayX Payroll enables payslip, reimbursement filing through Whatsapp. India's HR payroll software market is projected to reach .31 billion by 2030
Piaggio to boost premium play; enters bike segment with Aprilia RS 457. Italy's Piaggio Group aims to enhance its presence in the premium two-wheeler segment in India, as more and more customers seek feature-rich options for mobility requirements, according to a top company executive. The company, which is present in India thr
TVS Motor announces India's first racing tournament for electric 2-wheelers. Event will be exclusively for company's Apache RTE motorcycles that will make debut
MG Motor India exploring options for a second plant, says official. Chinese car maker MG Motor India is exploring the possibility of setting up a second plant in the country, a company official said. Currently, the company has a manufacturing plant at Halol in Gujarat where the production capacity is 1.2 lakh units per ann
RBI allows HDFC AMC's stake acquisition in DCB Bank, Karur Vysya, 2 others. Federal Bank, Karur Vysya have to ensure that acquisition does not exceed 9.5% of their paid-up share capital
Tata Power Renewable Energy enters Nepal market, ties up with Dugar Power. Renewables solution provider Tata Power Renewable Energy on Thursday said it has collaborated with Nepalese firm Dugar Power to accelerate Nepal's renewable energy initiatives. This tie-up heralds TPREL's strategic entry into Nepal's rapidly evolving renew
IT services firm NTT Data launches 3 centres of excellence in Chennai. Facilities will train engineering students in application development, computing languages
Meesho Mall gears up for the festive season, features an array of brands. Since its launch last year, Bansal said Meesho Mall has been growing by about 30 per cent month-on-month, processing an impressive over one crore orders in the past six months
ITC Hotels signs management agreement for Welcomhotel Kalimpong in WB. ITC Hotels on Thursday announced that it has signed a management agreement with a construction company for Welcomhotel Kalimpong resort in West Bengal. The 70-key greenfield project will spread over four acres of land and will offer plush rooms with views
Black Box opens new centre of excellence in Bengaluru, to create 500 jobs. The new centre is also projected to increase the company's margin by around Rs 50 crore in the near term, according to Black Box
Edtech ConveGenius builds SwiftChat conversational AI platform on AWS. Amazon Web Services (AWS) India on Thursday announced that edtech social enterprise ConveGenius has built a conversational artificial intelligence (AI) chatbot on its platform for government schools and low-free private schools. The conversational AI chatb
Wipro CFO Jatin Pravinchandra Dalal quits, Aparna Iyer takes over charge. Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board
KRIBHCO's turnover jumps 95% to Rs 25,715 cr in FY23, declares 20% dividend. Fertiliser cooperative Krishak Bharati Cooperative Ltd's (KRIBHCO) total income jumped 95 per cent to Rs 25,715.07 crore during last fiscal on better sales, and it declared a dividend of 20 per cent. Total income stood at Rs 13,194.50 crore in the previous
Shares of EMS gain 33% on market debut; SJVN share sale oversubscribed. At the last close, EMS was valued at Rs 1,553 crore
Adani forms joint venture to redevelop one of Asia's biggest slums Dharavi. Adani group won the Dharavi rebuilding project in July by bidding 0 million for the project
Ipca Laboratories acquires 19.29% stake in Unichem through open offer. Ipca shares ended the day's trade at Rs 898 apiece, down 1.6 per cent on BSE
Fashion brand AJIO announces 'All Stars Sale', to start on September 22. Customers can save big and get up to 50-90% off across top brands and categories with an extra discount up to 10% off on using ICICI credit and debit card
JSW in talks with LG Energy Solution to make EV batteries in India. The Indian company is also talking to other battery players including China's CATL and Japan's Panasonic and Toshiba as it looks to build a local supply chain for EVs
How Bajaj Finserv MF uses behavioural finance in investment philosophy. Here's how Bajaj Finserv Mutual Fund uses behavioural finance in its investment philosophy
Vedanta board approves raising Rs 2,500 cr via NCDs on pvt placement basis. Vedanta Ltd board on Thursday approved rasing of Rs 2,500 crore through issuance of non-convertible debentures on private placement basis. A decision in this regard was taken at the meeting of Committee of Directors of the company, Vedanta Ltd said in a re
Rupert Murdoch steps down as chairman of Fox and News Corp: Report. His son, Lachlan Murdoch, will become the sole chairman of News Corp and continue as the chair and CEO of Fox, the companies said on Thursday
Infinity Learn turns profitable, targets Rs 500 cr revenue by 2025. Edtech firm Infinity Learn by Shri Chaitanya has turned profitable in the second year of its operation, with revenue of over Rs 100 crore, a senior company official said on Thursday. Infinity Learn by Sri Chaitanya founding CEO Ujjwal Singh said the compan
Sebi slaps Rs 65 lakh fine on 13 firms for indulging in non-genuine trades. Capital markets regulator Sebi has imposed Rs 65 lakh fine on 13 entities for indulging in non-genuine trades in illiquid stock options segment on the BSE. In 13 separate orders on Wednesday, the regulator slapped a fine of Rs 5 lakh each on Kalyan Devi Bo
Valiant Organics settles case with market regulator Sebi, pays Rs 10 lakh. Valiant Organics Ltd settled with capital markets regulator Sebi a case concerning flouting of alleged disclosure rules by paying Rs 10 lakh as the settlement amount. This came after the company filed a settlement application with Sebi proposing to settle
Wipro appoints Aparna C Iyer as new CFO after Jatin Dalal resigns. Dalal's exit comes at a time when Wipro has been battling several high-level exits in the recent past
Cisco to buy cybersecurity firm Splunk for bn, as AI threats widen. Cisco is buying the cybersecurity firm Splunk in a USD 28 billion deal as it bolsters its defences against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley tech giant will pay USD 157 per
Akasa Air approached Bombay HC to save court fees: Pilot's counsel. He argued that the move to choose Bombay HC over Delhi HC is to 'reap the maximum payable amount'
Here's why Adani's grip on banks is tighter than his hold on markets. Overseas institutions are also a better bet for Adani. Tapping Indian banks, especially state-run lenders, would be a tad cheaper, but might invite greater political scrutiny ahead of general election
Nvidia CEO touts India as major AI market in a bid to hedge China risks. For Nvidia, whose graphics processors are vital to the development of artificial intelligence systems, the South Asian nation of 1.4 billion people presents a rare opportunity
Labour dispute halts production at Apollo Tyres Limda plant in Gujarat. Apollo Tyres also revealed that there is no material impact on the operations at this stage
Meta monetises business messaging with WhatsApp in 'key market' India. These features were unveiled at a WhatsApp Conversations event held in Mumbai. This was the second annual Conversations conference being held by the company, and the first one in India
PFC signs MoU worth Rs 1.18 trn with SJVN for renewable energy projects. The financial backing from PFC is expected to range between Rs 80,000 crore and Rs 90,000 crore, displaying a significant commitment to these crucial projects
L'Oreal brings first brand of its dermatological beauty division to India. While Itani did not specify a timeline, he indicated that other brands from the division might also be introduced in India in the future
Govt to sell up to 4.92% stake in utility company SJVN from Thursday. The sale of the federal government's 4.92% in the state-run hydro power generation firm could earn it about 13.34 billion rupees (0.81 million)
Amazon expands to address business needs, offers credit to customers. Subhas noted that prompt delivery is a crucial element for all business customers, as evidenced by Prime members contributing to over 50 per cent of sales this year
Casio to start local manufacturing of watches in India by the end of 2023. Leading Japanese consumer electronics maker Casio would start local manufacturing of watches by the end of this year in India, which is a priority market for the company, a top company official said on Wednesday. The company is working with a local partner
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