NSE share market NEWS tomorrow (20 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (20 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 20 September 2023
Blue Star was amongst the top gainers, currently trading at 907.30 in NSE with 19.061 times change in volumes and 13.405% change in price. Other gainers included Suzlon Energy with 4.444% price change and 1.17 times volumes, Au Small with 3.621% price change and 4.531 times volumes, Fortis Healthcare with 3.488% price change and 0.399 times volumes, and Jsw Energy with 3.44% price change and 4.125 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 219.15 in NSE with 1.994 times change in volumes and -4.447% change in price. Other losers included Hdfc Bank with -4.012% price change and 3.116 times volumes, Bse with -3.599% price change and 1.435 times volumes, Cyient with -3.589% price change and 1.806 times volumes, and Max Healthcare with -3.525% price change and 1.65 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.
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
Myntra to introduce changes to its return policy, lower convenience fee. Myntra said that flat charge of Rs 199 to Rs 299 per order may impact user behaviour that is adverse to Myntra's business and is likely to affect not just high-return users but also their wider circle
Competition Commission of India appoints three new members: Reports. The new members appointed are Anil Agrawal, a former police official who recently worked at India's commerce ministry and worked on various startup initiatives
Burger King likely to sign deal with Coca-Cola; may end tie-up with Pepsi. Executives said that the deal will be formalised and announced by the end of next quarter
Volkswagen's battery unit PowerCo investor could be big client: CFO. The battery unit's first planned client is Ford, to whom it will deliver cells for vehicles the U.S. carmaker is building in Europe on Volkswagen's electric MEB platform
Flash.co raises .7 mn in Pre-Series A round led by Blume Ventures. This latest funding round takes Flash.co's total funding to .5 million, empowering them to further establish Flash.co as the premier lifestyle app for power shoppers
RBI okays re-appointment of Sashidhar Jagdishan as CEO of HDFC Bank. Sashidhar Jagdishan has been re-appointed for three years, commencing on from October 27 to October 26, 2026
Our investments in India will grow in double digits: Asus GM Peter Chang. Asus' increased optimism in the Indian market comes at a time when global PC makers have been reeling from the government's recently introduced laptop import restrictions
Sashidhar Jagdishan re-appointed as HDFC Bank MD & CEO for next three years. In March 2023, HDFC Bank board had recommended the re-appointment of Jagdishan for a period of three years
Jio AirFiber now available in eight cities, cheaper than Bharti Airtel. The company aims to reach upto 200 million homes & premises with new service
IndiGo airlines discontinues serving beverages in cans onboard flights. IndiGo on Tuesday said it has stopped serving beverages in cans onboard flights and that passengers have the option to get a complimentary glass of juice or coke on purchase of any snack, amid a former Parliamentarian complaining that one cannot buy a soft
Child travel norms: Railways earned over Rs 2,800 cr more in 7 years. Indian Railways has earned an additional revenue of more than Rs 2,800 crore from child travellers in the last seven years by revising child travel fare norms, an RTI response has found. The response from the Centre for Railway Information Systems (CRIS) u
Tata Motors to raise CV prices by up to 3%, third price hike in 2023. The company previously raised prices by 1.2% in January and by 5% in March to ensure its vehicles comply with the new emission norms
Drugmaker Biocon appoints Peter Bains as group CEO effective immediately. Bains, who was named as an independent director of the Biocon board in December last year, stepped down on Monday to assume the top charge, the company said in a statement
Torrent Gas commences supply of piped cooking gas to Patiala households. Torrent Gas Ltd on Monday said it has commenced the supply of piped cooking gas to households in Patiala in Punjab as the company scales up operations in its licensed areas. Torrent Gas has been authorised by the Petroleum and Natural Gas Regulatory Board
Bajaj set to launch its 'biggest ever' Pulsar by March, says MD Rajiv Bajaj. In the premium segment, where the motorcycles are priced at prices above Rs 1.7 lakh, Bajaj has sold about 8,000 units per month
Blue Star launches QIP to raise Rs 1,000 cr, floor price at Rs 784.55. Leading cooling products maker Blue Star on Monday launched its qualified institutions placement (QIP) offer with a floor price of Rs 784.55 per equity share to raise Rs 1,000 crore to support its growth plans. The floor price is 2.04 per cent lower than R
E-scooter maker Ather readies new models, exports after subsidy cuts. India's electric scooter market is small but growing, with e-models accounting for 5% of total scooter and motorcycle sales in the last fiscal year against a government target of 70% by 2030
Edtech giant Byju's regrets 'delays' in settling dues of laid-off employees. According to the new timeline provided in an email to sacked employees, employees can now expect to receive their outstanding payments by November 17, as against the earlier September 15 deadline
Newer biz contributed to one-third of Nykaa's GMV in FY23: Falguni Nayar. Nykaa's beauty and personal care (BPC) owned brands contribute to 11.9 per cent of its overall BPC GMV, while its Fashion-owned brands contribute 12.9 per cent to the overall Fashion GMV
Tata airlines: Air India Express, AirAsia India commence interline bookings. Air India Express and AirAsia India have commenced interline bookings, as part of an agreement between the two Tata Group airlines, to enable customers have a seamless travel on their entire domestic and international network amid the ongoing merger proces
NCLT orders liquidation of Overnite Express with immediate effect. The NCLT on Monday ordered the liquidation of Overnite Express after admitting the plea of its lender Deutsche Bank AG against a resolution plan submitted by a member of the debt-ridden company's suspended board. While the Insolvency and Bankruptcy Code (I
Maharashtra govt issues order for implementation 'adopt a school' scheme. The Maharashtra government on Monday issued an order for the implementation of its 'Adopt a School' scheme. Any individual, organisation or private enterprise having SEBI registered Corporate Social Responsibility (CSR) certificate can adopt a school curre
Ummeed Housing Finance receives sanction of upto Rs 160 cr from US DFC. Marquee investors-backed Ummeed Housing Finance (UHFPL), a digital affordable housing finance company, on Monday said it has received a sanction of up to USD 20 million (about Rs 160 crore) from the US International Development Finance Corporation (DFC). T
Govt extends deadline for filing tax returns by companies, audit reports. The government on Monday extended the due date for filing income tax returns by companies by one month till November 30. Also, the due date for furnishing audit reports by companies who need to get their accounts audited has been extended by one month till
NHAI arm to develop logistics park in Bengaluru at Rs 1,770 crore. National Highways Logistics Management Ltd (NHLML), an NHAI subsidiary, has signed an agreement for the development of Multi Modal Logistics Park (MMLP) in Bengaluru at an estimated cost of Rs 1,770 crore. The project -- to be developed under the public pr
Torrent pharma in advance talks with CVC Capital to buyout Cipla promoters. Torrent had reached out to several private equity (PE) funds, including Bain Capital to secure the necessary funds to buyout the promoter family of Cipla
D B Realty raises up to Rs 1,544 crore through convertible warrants. The funds were raised through the issue to the promoter group and investors in two phases in February and March, 2022
SBI introduces digital opening of NRE/NRO account setup through YONO. State Bank of India (SBI) has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to bank' custome
Govt announces higher gratuity, other benefits for LIC agents, employees. The finance ministry increased the gratuity limit from Rs 3 lakh to Rs 5 lakh for LIC agents
Apollo Hospitals ties up with MotoGP Bharat to provide medical support. Apollo Hospitals on Monday said it has tied up with MotoGP Bharat Grand Prix to provide medical support for the event. The capital-based Indraprastha Apollo Hospital would provide support for the first-ever MotoGP event in India to be held between Septembe
Entry-level bike buyers unlikely to return soon, says Bajaj Auto MD. Buyers at "the bottom of the pyramid" who were hit by the Covid pandemic, job losses and rising petrol price, are not coming back, Bajaj said
Disney India's streaming, TV biz sale talks draw firms including Reliance. Though Disney Star has seen declining subscriber numbers after losing the IPL streaming rights, it hasn't ceded the entire cricket business, securing the television rights through 2027
Adani-Hindenburg row: Plea seeks new SC panel with no conflicts of interest. The next hearing in the case is likely on October 13
Mumbai airport recorded 32% increase in passenger traffic in August. The airport noted that it had observed a 108 per cent recovery in passenger traffic in August 2023 compared to the pre-pandemic level in August 2019
Qube Health raises Rs 25 cr in pre-series-A round at Rs 200 cr valuation. Healthcare payments startup Qube Health has raised Rs 25 crore in a pre-series-A round from its existing investors Inflection Point Ventures and Green Ivy Ventures, and a few family office investors, at a valuation of Rs 200 crore. Qube offers a payment sy
CBI books infra firm in Rs 3,800 cr bank fraud case, searches 4 locations. The CBI has conducted searches at four locations in Mumbai after registering an FIR against Unity Infraprojects Ltd, its then CMD Kishore Krishnarao Avarsekar and others for allegedly defrauding a consortium of banks to the tune of Rs 3,847.58 crore, offic
FinMin enhances gratuity limit, insurance cover for insurance agents. Brings in uniform family pension rate at 30% for LIC employees
India is the top market in terms of growth rate in APAC for Lacoste. Meyer added that the buying power of the Indian consumer is on the rise in India, thus also pushing up disposable incomes, and expects it to grow much further
Policy predictability for EV adoption needed to make investments: Ather. Policy predictability is needed to make investment plans for accelerating electric mobility in the two-wheeler segment, according to electric two-wheeler maker Ather Energy Chief Business Officer Ravneet S Phokela. The company, in which Hero MotoCorp is a
IBC not recovery mechanism; dismisses plea against United Telecoms: NCLAT. The Insolvency & Bankruptcy Code is "not a recovery mechanism", observed the National Company Law Appellate Tribunal, while dismissing a plea against United Telecoms Ltd filed by one of its operational creditors. This is the second such observation from th
Bridge and Roof Company chairman's exec secy, 6 others, arrested by CBI. The CBI has arrested seven persons including the Executive Secretary of the CMD of public sector undertaking Bridge and Roof Company (India) Ltd in an alleged Rs 20 lakh bribery case involving the award of tender for Eklavya Model Residential School (EMRS)
Dabur scaling up Hajmola and Odomos to include them on its power brand list. Home-grown FMCG major Dabur is scaling up its digestive brand Hajmola and mosquito repellent brand Odomos, amplifying their reach to include them on the list of its power brands, CEO Mohit Malhotra said. Dabur's fast moving consumer goods (FMCG) portfolio
Closely monitoring demand for battery electric vehicles: JLR India. Jaguar Land Rover is closely monitoring the demand for battery electric vehicles in India and depending upon the emerging scenario will "strategise" the entry of more models into the country, according to a top company executive. In an interaction with PTI
IPO-bound Signature Global's sales bookings up 32% to Rs 3,430 cr. Realty firm Signature Global, which is launching its maiden public issue on Wednesday, has achieved 32 per cent growth in its sales bookings to Rs 3,430.58 crore in the last fiscal year on strong housing demand. The Gurugram-based Signature Global, which f
Sotheby's bags mandate to sell Rs 800 cr worth luxury properties in Mumbai. Property consultant India Sotheby's International Realty on Sunday said it has bagged a mandate to sell Rs 800 crore worth ultra-luxury apartments at Worli in Mumbai. In a statement, India Sotheby's International Realty said it has signed an exclusive sale
Defence startup's nano drones shows potential in counter-terror operations. A defence startup founded two years ago by a team of young engineers from IIT Roorkee has developed three variants of nano drones, including a 'Kamikaze' UAV, which have application in anti-insurgency and counter-terrorism operations. Mayank Pratap Singh,
'Inputs ignored': Dhanlaxmi Bank independent director resigns from board. This comes after Ravindran Pillai, head of R P Group, came out with a special notice for the removal of Kalyanasundaram by passing a resolution at its 96th AGM to be held on 30 September
Foxconn aims to double workforce, investment in India over next 12 months. In August, the state of Karnataka said Foxconn will invest 0 million for two projects in the state to make casing components for iPhones and chip-making equipment
Indian entrepreneur's new UK start-up using AI to transform services. An Indian entrepreneur's new start-up is sparking worldwide investor interest as among the first companies of its kind globally to offer consumers the option to book plumbers, electricians and other services using its unique conversational artificial intel
Dabur aims for Rs 7,000 crore in revenues in home and personal care segment. The company is also targeting Rs 5,000 crore in sales from its healthcare segment
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