NSE share market NEWS tomorrow (21 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (21 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 21 September 2023
Hindustan Petroleum was amongst the top gainers, currently trading at 263.45 in NSE with 1.734 times change in volumes and 2.192% change in price. Other gainers included Titagarh Rail with 1.952% price change and 0.875 times volumes, Rural Electrification with 1.888% price change and 1.549 times volumes, Mankind Pharma with 1.865% price change and 2.569 times volumes, and Multi Commodity with 1.739% price change and 7.31 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.
Power Finance was amongst the top losers, currently trading at 229.70 in NSE with 1.034 times change in volumes and -19.937% change in price. Other losers included Nhpc with -5.676% price change and 0.79 times volumes, Kpit Technologies with -4.536% price change and 3.566 times volumes, Icici Pru with -3.936% price change and 1.58 times volumes, and Bond 8 with -3.562% price change and 0.685 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.
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
Hyundai Motor India net profit jumps 62.3% to Rs 4,709.25 cr in FY23. Hyundai Motor India Ltd posted a 62.3 per cent jump in consolidated net profit to Rs 4,709.25 crore in the fiscal ended March 31, 2023 with the company breaching the Rs 60,000 crore revenue mark in the fiscal, according to financial data accessed by busine
Former Akasa pilots challenge maintainability of lawsuits filed by airline. The pilots contend that since their employment contracts were signed in Delhi, the case should fall under the jurisdiction of the Delhi High Court
Honasa's Derma Co crosses annual run rate of Rs 350 cr in June quarter. The company has also acquired stakes in BBlunt and Dr. Sheth's
JSW, Tata, Adani make a beeline to meet industrial green energy needs. The C&I sector accounts for approximately 40-45 per cent of total energy demand in India
Manipal acquires majority stake in AMRI Hospitals for Rs 2,300 cr. Manipal Group plans to add more beds over the next 18-36 months through the inorganic route, taking its bed count to 12,000 beds across India
Sebi slaps Rs 6 cr fine on DHFL's former promoters for disclosure lapses. Capital market regulator Sebi on Wednesday imposed penalties totalling Rs 6 crore on 15 entities, including Kapil Wadhawan and Dheeraj Wadhawan, for flouting disclosure norms in the case of Deewan Housing Finance Corp Ltd (DHFL). Wadhawans are the former p
Samsung to receive incentives worth Rs 500 crore under PLI scheme. Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 2020-21, a senior government official said. The company had claimed a PLI incentive of Rs 900 crore.
Volvo to end diesel car production by 2024, to become all-electric carmaker. Sales of diesel models have declined rapidly in Europe since Volkswagen's emission-cheating scandal.
Existing GCCs expand in tier-2, 3 cities for cost, talent benefits. India had a total of 1,580 GCCs with a talent base of 1.66 million as of FY23, according to the latest Nasscom-Zinnov report
Willing to wait to regain oil from Russian project, says ONGC Videsh. Putin last year removed an Exxon Mobil subsidiary as operator of the Sakhalin-1 oil and gas project in Russia's Far East and transferred it to a new operator
Instacart founder Apoorva Mehta exits with .1 bn fortune after IPO. The transition marks the end of Mehta's 11-year tenure with the company he co-founded in 2012
TotalEnergies close to investing 0 million in JV with Adani Green Energy. TotalEnergies holds a 19.75 per cent stake in Adani Green Energy and is the second largest shareholder after the promoters, who control about 56.27 per cent
NRIs can now open new bank accounts using SBI YONO app; Here's how. The service has been designed for the "new to bank" (NTB) customers and aims to smoothen the process of account opening at SBI for NRIs
Micron set to break ground for Sanand semiconductor plant on Saturday. A few months ago, Micron acquired 10 acres of land, a building and a factory from a troubled auto components maker
What to expect from Amazon's special launch event? Check key details below. Amazon is expected to unveil some of its latest products and software updates. The event will take place today at Amazon HQ2 in Arlington, Virginia
Asia Healthcare acquires majority stake in AINU, to invest Rs 600 cr. Asia Healthcare Holdings on Wednesday said it has acquired a majority stake in Asian Institute of Nephrology and Urology and will invest Rs 600 crore in the latter. The investment will be through a mix of primary and secondary infusion, Asia Healthcare Hol
Meta announces new business-focused features for WhatsApp in India: Details. Meta enabled payment options, besides its own, within the WhatsApp chats for consumers to send payments without leaving the chat window
Genpharmasec to acquire 70% stake in DHPL in phased manner over one year. Incorporated in 1992, Generic Pharmasec Limited started as a manufacturer and trader of organic and inorganic chemicals, dyes, and pigments
Akasa flying less after some pilots quit abruptly: CEO Vinay Dube. The company has initiated legal action against the pilots that have quit without serving their mandatory contractual notice period, Dube said
Akasa's future: CEO Dube seeks to douse fire lit by lawyers' closure claims. Akasa's lawyers had said in the Delhi HC on Tuesday that the airline was in a "state of crises" and might "shut down" due to the abrupt resignation of 43 pilots to join rival airlines
ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel. Electrification and automation major ABB on Wednesday said it will roll out an electric powertrain system for ArcelorMittal Nippon Steel's new steel mill in Hazira. "ABB is partnering with SMS group to supply all the medium-voltage (MV) motors and MV drive
Kuku FM raises mn from investors; aims to expand content, improve tech. Company will use financing to expand its repository of Indian language audiobooks, podcasts, courses
SJVN inks pact with PFC to get finance for projects worth Rs 1.18 trn. State-owned power producers SJVN Ltd on Wednesday said it has inked an initial pact with Power Finance Corporation (PFC) to get finance for its projects worth Rs 1.18 lakh crore. "PFC and the company have signed a Memorandum of Understanding (MOU) for fina
GIC, TPG healthcare fund buys major stake in AINU hospital chain for mn. The acquisition marks Asia Healthcare's foray into urology and nephrology segments after oncology, women and child care through Motherhood Hospitals and infertility treatment via Nova IVF Fertility
India's solar tech firm finalist in Prince William's Earthshot Prize 2023. A solar-powered tech venture that is combating food waste in India is among 15 worldwide finalists competing for the GBP 1 million 2023 Earthshot Prize, founded by Britain's Prince William and dubbed the Eco Oscars'. S4S Technologies, founded in 2013 by se
France's Total Energies to invest 0 mn to form JV with Adani Green. First public deal between oil giant and Indian conglomerate since a short-seller leveled fraud allegations against the latter
VECV marks 15 years in India, says focused on exports and EV growth. The company also expressed its commitment to aggressively target markets such as West Asia, South East Asia, and Africa for future export growth
Aurobindo's Andhra plant receives 1 observation from USFDA after inspection. Aurobindo Pharma on Wednesday said the US health regulator has issued a Form 483 with one observation after inspecting a formulation production facility of its unit in Andhra Pradesh. The US Food and Drug Administration (US FDA) inspected the Unit IV of AP
AmpIn Energy to set up 33 MW solar plant in Maha, signs pact with Varroc. AmpIn Energy Transition will set up a 33 megawatt solar power plant in Maharashtra to supply green energy to auto-components maker Varroc. A power purchase agreement (PPA) has been signed between the two companies in this regard, AmpIn said on Wednesday. "
Infosys, NVIDIA to collaborate for generative AI applications, solutions. As part of the partnership, Infosys will have access to NVIDIA's full-stack gen AI program and will set up a NVIDIA Centre of Excellence
Akasa Air moves court for action against pilots not serving notice period. The fledgling Akasa Air has approached the Delhi High Court seeking a direction to the DGCA to take action against pilots who left the airline without serving the mandatory notice period. The airline, which operated its first commercial flight between Mumb
Asia Healthcare Holdings acquires majority stake in AINU, invests 600 cr. This move signifies AHH's entry into the fields of urology and nephrology, marking its expansion into a fourth speciality
GRSE signs pacts with global firms for hydrogen fuel cell ferry, engines. Defence shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) on Wednesday said it has entered into non-binding MoUs with foreign companies for the development of a hydrogen fuel cell ferry and the sale and service of medium-speed engines, particularl
Goldman Sachs pays Rs 26.44 lakh to settle FPI violation case with Sebi. Goldman Sachs (Singapore) Pte has settled with capital markets regulator Sebi a case pertaining to certain discrepancies in the monthly ODI (offshore derivative instruments) reporting after paying Rs 26.44 lakh towards the settlement amount. The order came
Biocon Biologics gains EU approval for Aflibercept biosimilar, YESAFILI. According to market research firm IQVIA, Aflibercept generated about .8 billion in annual sales in the EU in 2022
Infosys teams up with Nvidia to build GenAI, to train 50,000 employees. In addition, Infosys intends to establish an Nvidia Centre of Excellence, aiming to train and certify 50,000 employees in Nvidia AI technology
Byju's elevates Arjun Mohan as CEO of India business, Mrinal Mohit quits. Arjun Mohan, a member of the founding team who most recently served as the Chief Business Officer, has rejoined the company after a stint at Ronnie Screwvala-led UpGrad
Neuberg Diagnostics completes ARL, Supratech merger, IPO in works. Neuberg Diagnostics Pvt Ltd has completed the merger of Neuberg Supratech Reference Laboratory, Ahmedabad, and Neuberg Anand Reference Laboratory, Bengaluru, thereby setting the ball rolling for its IPO plans, the company said on Wednesday. With a strategi
British govt financial package may help Tata Steel UK narrow losses. The UK government's 500 million pound financial package to Tata Steel UK is expected to narrow the steel maker's losses on the back of lowered production and environmental compliance costs, according to CreditSights. Tata Steel's credit profile could remai
HDFC shares fell after management indicates asset quality, margin pressure. HDFC Bank said the gross non-performing asset ratio has increased to 1.4% from 1 July, following the merger, as compared to 1.2% of HDFC Bank's as of end of the first quarter
India's electric vehicle sales zoom past 1 million in 2023, shows data. The two-wheeler segment accounted for 56 per cent of the EVs sold in 2023, followed by three-wheelers and passenger vehicles
Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share. Price points such as Rs 5 and Rs 10 are easier to remember and are perceived as being affordable by customers
Torrent in talks with Apollo to borrow up to bn for Cipla bid: Reports. Torrent has also been in talks with CVC Capital Partners and Bain Capital who might become equity partners in a consortium and contribute as much as a combined .5 billion to the deal, sources said
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