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NSE share market NEWS tomorrow (18 September, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (18 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 September 2023

Bank India was amongst the top gainers, currently trading at 109.70 in NSE with 1.739 times change in volumes and 3.735% change in price. Other gainers included Punjab National with 3.709% price change and 2.297 times volumes, Indian Bank with 3.633% price change and 2.765 times volumes, Ncc with 3.474% price change and 1.667 times volumes, and Bank Baroda with 3.107% price change and 2.237 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.

Idea Cellular was amongst the top losers, currently trading at 10.90 in NSE with 0.855 times change in volumes and -6.838% change in price. Other losers included Pnb Housing with -4.121% price change and 0.339 times volumes, Syngene Internatio with -4.05% price change and 0.36 times volumes, Bond 8 with -3.466% price change and 0.96 times volumes, and Mazagon Dock with -3.139% price change and 0.487 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.

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

Top headlines: Sovereign wealth funds bullish on RRVL,Tata steel and more. Business Standard brings you the top headlines at this hour

RML Hospital to open speciality OPD for transgenders on PM Modi's birthday. Ram Manohar Lohia Hospital here will inaugurate a speciality OPD for the transgender community on the occasion of Prime Minister Narendra Modi's birthday on Sunday. Besides, a blood donation camp will also be organised on that day. The hospital's Medical S

REC clears Rs 6,075 cr loan to Greenko, Rs 3,081 cr to Serentica Renewables. State-run REC Ltd has sanctioned a Rs 6,075-crore loan to renewable energy company Greenko for setting up a 1,440-MW standalone pumped storage project. REC has also sanctioned debt funding of more than Rs 3,081 crore to renewable energy company Serentica R

IBBI addresses CIRP delays, proposes reforms to streamline process. To address these concerns, the IBBI recently proposed four changes to CIRP regulations aimed at reducing delays, as outlined in a consultation paper

Akasa Air files court case against 40 pilots for not serving notice period. In the preceding month, Akasa Air witnessed a sequential doubling in flight cancellations as a direct consequence of these untimely exits

New start-up policy for Jammu & Kashmir to be notified by next month: LG. Jammu and Kashmir government would notify a new start-up policy by the next month to provide a roadmap for nurturing innovation, creating jobs and driving economic growth, Lieutenant Governor Manoj Sinha said on Saturday. Addressing the valedictory session

Dabur eyes Rs 5,000 crore sales from healthcare in around 5 years. Homegrown FMCG products maker Dabur India is targeting Rs 5,000 crore in sales from its healthcare segment and Rs 7,000 crore from home and personal care vertical in the next 5-7 years, the company said in an investor meeting on Friday. Both healthcare and

LVMH, Gucci to expand in India with new outlets in Reliance's luxury mall. The mall, which an industry source said is likely to open this year, is located inside Reliance's billion business and cultural hub in Mumbai

BEL bags Rs 2,118.57 crore order from Cochin Shipyard for various equipment. Bharat Electronics Limited received an order of Rs 2,118.57 crore from Cochin Shipyard Limited for supply of various equipment consisting of sensors, weapon equipment, fire control systems and communication equipment for six numbers of next generation miss

Wipro inaugurates 75,000-sq-ft office in Jefferson City, Missouri. The 75,000-square-foot office will act as main support centre for some of Wipro's clients in healthcare and government sectors

E-com retailers may clock about Rs 90k cr during festive sales: Redseer. This is 18-20 per cent higher than last year and will be driven by about 140 million shoppers who are expected to be transacting online at least once during this festive month

TotalEnergies in talks to invest in Adani Green's projects: Report. The deal would increase Total's presence in the fast-growing Indian energy market, while giving Adani Green more means to develop new renewable energy projects

SAP's India arm eyes more patents, jobs amid artificial intelligence push. The company, which looks to double its AI talent base by 2024, expects "3,000 new joinees to enter the organisation every year", Gangadharan said

Oil India Ltd to invest Rs 25,000 crore in renewable energy by 2040. The company will invest in green hydrogen, solar, geothermal energy, 2G ethanol plant, compressed biogas plants, and carbon capture utilisation and storage (CCUS)

Infosys signs .5 bn contract to leverage AI solutions for 15-yr period. In July, Infosys signed a bn deal with an existing client to provide AI and automation services for five years

SpiceJet clears .5 million payment due to Credit Suisse after SC warning. On September 12, the apex court asked Singh to pay 0,000 towards an instalment to the Swiss firm along with a million defaulted amount

Health services firm CureBay plans expansion in rural Odisha, Chhattisgarh. Startup has raised Rs 61 crore in financing from Elevar Equity, Incred and angel investors

Ashok Leyland, UP govt sign MoU to set up greenfield bus plant in state. Under this partnership, Ashok Leyland will focus on production of electric buses, and will assemble other vehicles powered by available fuels, as well as emerging alternative fuels

Ashok Leyland to set up bus plant in Uttar Pradesh, invest Rs 1,000 cr. Upon commencement of operations, the manufacturing facility will initially have the capacity to produce 2500 buses per year

Mercedes Benz India to bring 3-4 electric vehicles in next 12-18 months. Iyer said, "We have ethanol-friendly petrol engines, which are E-20 compliant; we have state-of-the-art diesel engines that are clean, and we have electric."

Pernod Ricard faces India antitrust probe for boosting market share. The Competition Commission of India (CCI) has been pursuing the matter actively since early this year after senior members reviewed the case filed by Pernod's Indian rival, Radico Khaitan

Britain to pump 1 million into Tata Steel to decarbonise Welsh plant. Tata Steel currently employs more than 8,000 people, raising the prospect that there will be as many as 3,000 redundancies as the lower-carbon electric furnaces are less labour intensive

Inflection Point Ventures announces full exit from Koovers at 47% IRR. Founded in 2016, Koovers is a B2B e-commerce platform specializing in supplying auto parts to independent workshops and the aftermarket sector

Infosys signs .5 billion contract with global client for 15 years. In July, Infosys announced a billion deal with an existing strategic client without naming the client

SpiceJet pays .5 million to Credit Suisse as per SC's directive. Credit Suisse and SpiceJet have been embroiled in a legal conflict since 2015 concerning outstanding debts of approximately million

Toyota on track to hit record sales in India helped by Suzuki partnership. Toyota's India business has been the biggest beneficiary of its global partnership with Suzuki which allows the two Japanese carmakers to share technology and vehicles

Srinivasan K Swamy elected as chairman of Audit Bureau of Circulations. Srinivasan K Swamy, executive chairman of R K Swamy Hansa Group, currently serves as the chairman of the Asian Federation of Advertising Associations

Everstone Capital sells 25% stake in Restaurant Brands Asia via block deals. The private equity firm will retain a 15.44 per cent stake in the company, which operates the Burger King brand of fast-food restaurants in the country

HDFC Bank and Diners Club eye B2B space to push credit card growth. In the B2B segment, HDFC Bank has a Flipkart-Diners wholesale card, which is typically offered to small retailers who normally make purchases from different distributors

VECV to supply 1,000 electric buses to GreenCell Mobility in 5 years. GreenCell Mobility and VE Commercial Vehicles on Friday said they have entered into an agreement for supply of 1,000 electric buses in the next five years. The two parties have signed a memorandum of understanding, which envisages VE Commercial Vehicles (V

Jupiter ropes in Swiggy's Anuj Rathi as chief product and marketing officer. With over 18 years of experience, the IIT-Kanpur graduate brings extensive knowledge and insights from his tenures at leading companies such as Swiggy, Flipkart, and Walmart

Tata Motors to open exclusive electric vehicle sales network under Tata.ev. Launches facelift Nexon EV and Nexon ICE at competitive pricing

Oil India targets 3.8 mn tonnes of oil production in FY24: CMD Ranjit Rath. Company will drill 60-plus wells in FY24 in Assam and Arunachal Pradesh, up from 45 in FY23

Schneider Electric Infra board appoints Udai Singh as CEO, MD for 3 yrs. Schneider Electric Infrastructure board on Thursday appointed Udai Singh as its additional director, managing director and chief executive officer for three years. "Board of Directors of the company in their meeting held today, i.e. September 14, 2023, hav

SAT adjourns hearing on Zee promoter Punit Goenka's appeal to Sept 27. Arguing on behalf of Goenka, senior counsel Abhsihek Manu Singhvi pointed that there had been no loss to Zee and no gain to Goenka in the alleged matter

AMC TPG will invest Rs 2,788 crore in data management company Denodo. Asset management company TPG has committed an investment of USD 336 million (Rs 2,788 crore) in data management firm Denodo, the two companies said on Thursday. The fresh investment by TPG will lead to sale of shares by Denodo's existing investor HGGC. The

State-owned LIC presents dividend cheque of Rs 1,831 crore to FM Sitharaman. Life Insurance Corporation of India (LIC) on Thursday presented a dividend cheque of Rs 1,831.09 crore to Finance Minister Nirmala Sitharaman. LIC Chairman Siddhartha Mohanty presented the dividend cheque as the government's share of dividend in the presen

Aluminium sector surging but hampered by labour shortages: Hindalco. India is already the world's second biggest aluminium producer and third biggest consumer, with demand set to double over the next decade, Nilesh Koul, an executive with Hindalco Industries

RBI releases list of 15 NBFCs in upper layer under scale based regulations. All deposit-taking NBFCs and non-deposit-taking NBFCs with an asset size over Rs 1,000 crore are in the middle layer

Agilitas Sports to buy sports footwear manufacturer Mochiko Shoes. Agilitas Sports, co-founded by former Puma India & South East Asia MD Abhishek Ganguly, on Thursday announced it will acquire Mochiko Shoes for an undisclosed amount. Agilitas Sports is a sportswear and Athleisure solutions platform while Mochiko is the co

Strides Pharma arm gets USFDA tentative nod for generic HIV treatment drug. Strides Pharma Science Ltd on Thursday said its wholly-owned subsidiary Strides Pharma Global Pte Ltd, Singapore, has received tentative approval from the US health regulator for generic Dolutegravir tablets used in the treatment of HIV. The approval grant

Taking corrective actions at Goa unit; stopped Digene production: Abbott. Drug maker Abbott on Thursday said it is implementing corrective actions at its Goa-based facility from where it had produced antacid Digene Gel that was recalled from the market due to non-compliance with manufacturing norms. Earlier this month, regulator

BAE Systems partners L&T to build BvS10 all-terrain vehicle in India. The BvS10 will participate in Indian Army trials starting in September 2023

FSSAI introduces Hindi version of FoSCoS portal to enhance user experience. The Food Safety and Standards Authority of India (FSSAI) has taken a significant leap towards enhancing user experience

Axis Finance moves NCLAT against NCLT order approving Zee-Sony merger. The tribunal questioned the credibility and surety of the Sebi in completing the probes within eight months

Cognizant liable to pay dividend distribution tax on shares buyback: ITAT. The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal of Cognizant Technology Solutions India and ruled that the company is liable to pay Dividend Distribution Tax (DDT) on buyback of Rs 19,000 crore worth of shares under a

G20 Sustainable Finance Working Group aims to mobilise sustainable finance. To ensure global growth and stability, the G20 Sustainable Finance Working Group (SFWG) has proposed to mobilise sustainable finance to promote the transition towards greener, more resilient and inclusive societies and economies. The main purpose of the Gr

Yatra Online mobilises Rs 348 cr from anchor investors ahead of IPO. Online travel company Yatra Online on Thursday said it has mobilised Rs 348.75 crore from anchor investors ahead of its Rs 775-crore initial public offering (IPO). The company has allocated 2.49 crore equity shares to 33 entities at Rs 142 apiece, accordin

COAI DG makes case for profit-sharing, says OTT using 5G without paying. Cellular Operators Association of India Director General S P Kochhar on Thursday made a case for sharing profit between OTT players and telecom companies for using 5G networks. "While telcos carry their traffic of voice and data, majority of the use of the

Nielsen names insider Karthik Rao as new CEO. Since early 2023, the 23-year veteran Rao has served as the chief of Nielsen's audience measurement business

Reliance Industries to temporarily shut some Jamnagar units for maintenance. The conglomerate owned by billionaire Mukesh Ambani is the operator of the world's biggest refining complex which houses two plants with a combined capacity of about 1.4 million barrels per day

Top headlines: IT companies' forex revenue, falling global debt and more. Business Standard brings you the top headlines at this hour

LTTS to add 2000 employees to cater to rising software demand in vehicles. We focused on electric autonomous connected vehicles during the pandemic and within this, EV was the first area of focus where we invested in a set of labs, CEO of LTTS Amit Chadha added

Grasim to launch its paint biz in Q4 under the brand name 'Birla Opus'. The production of paints will take place at the company's manufacturing plants located in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal

IndusInd Bank launches 'virtual commercial card' for cross-border payments. In partnership with Visa and Juspay, the virtual card has additional layers of security that give users complete control over their international expenses, thus making it safe and hassle-free

Sun Pharma, Pharmazz enter agreement to introduce Sovateltide in India. Sun Pharma said in a filing that it has been granted rights for marketing Sovateltide in India under the brand name Tyvalzi

Manipal Global Education forays into edtech, plans Rs 100 cr investments. Manipal Global Education has entered into the edtech space with the launch of Manipal MedAce in which the organisation plans to initially invest over Rs 100 crore in the development of content for the platform, a senior official of the said on Thursday. Ma

Cipla founding family's stake sale in jeopardy over bn valuation target. Negotiations between the family members and prospective buyers, including companies in the industry and private equity firms, are no longer moving forward

Adani Group forms JV with Kowa for marketing of green hydrogen in Japan. Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to USD 50 billion over the next

Jet Airways founder Goyal sent to 14-day custody in bank fraud case. A court here on Thursday remanded Jet Airways founder Naresh Goyal to 14-day judicial custody in a money laundering case linked to an alleged fraud of Rs 538 crore at the Canara Bank. The Enforcement Directorate (ED) arrested Goyal on September 1 under the

Sun Pharma unit inks pact with US firm to introduce drug to treat stroke. Sun Pharmaceutical Industries on Thursday said one of its wholly-owned subsidiary unit has tied up with US-based Pharmazz Inc to commercialise a drug used to treat cerebral ischemic stroke in India. One of the company's wholly-owned subsidiaries has entere

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