NSE share market NEWS tomorrow (14 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (14 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 14 September 2023
National Buildings was amongst the top gainers, currently trading at 60.65 in NSE with 5.941 times change in volumes and 7.726% change in price. Other gainers included Nhpc with 7.707% price change and 2.178 times volumes, Pnb Housing with 6.234% price change and 5.695 times volumes, Nmdc with 5.626% price change and 2.64 times volumes, and Suzlon Energy with 4.966% price change and 0.754 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.
Supreme Industries was amongst the top losers, currently trading at 4294.90 in NSE with 0.77 times change in volumes and -2.721% change in price. Other losers included Kfin Technologies with -2.142% price change and 0.64 times volumes, Torrent Pharmaceuticals with -1.544% price change and 1.755 times volumes, Bse with -1.319% price change and 0.41 times volumes, and Inox Wind with -1.265% price change and 0.71 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 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
Tata Nexon facelift launched at an introductory price of Rs 8.10 lakh. In a segment first feature, Tata Nexon's instrument cluster also shows navigation-related information apart from on the touchscreen
Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger. Zee-Sony merger: This comes just over a month after the NCLT's Mumbai bench approved the merger on August 10 by dismissing all applications against it
MasterCard appoints former SBI chief Rajnish Kumar as chairman. Veteran banker will have non-executive advisory role and guide Mastercard's South Asia executive leadership team
Serentica Renewables ties up with PFC for Rs 2,600 cr debt funding. Serentica Renewables on Thursday said it has tied up with PFC for a Rs 2,600 crore debt funding for its upcoming projects in Karnataka. In Karnataka, the company is setting up 400 MW of wind and solar capacities where it has already secured connectivity to
Dubai Aerospace flags corrosion in plane leased to bankrupt Go First. Foreign lessors have been engaged in a legal tussle to repossess their aircraft after the Indian airline was granted bankruptcy protection in May
Mahindra Holidays signs pact with U'khand govt to invest Rs 1,000 crore. Leisure hospitality company Mahindra Holidays & Resorts (MHRIL) on Thursday said it has inked an agreement with the Uttarakhand government to invest Rs 1,000 crore and build 4-5 large marquee resorts over the next few years in the state. This is the compan
Flipkart crosses 1.4 mn sellers ahead of its annual shopping event. Businesses are using e-commerce to digitise and modernise themselves, says company
Qure.ai, PATH India partner to provide TB, Covid screening in Maharashtra. qXR uses deep learning to analyse chest X-rays and identify potential abnormalities. This can help to improve the accuracy and speed of TB and COVID-19 diagnosis
Tata Motors plans to set up separate sales network for EVs this fiscal year. Tata Motors plans to set up separate sales network for its electric passenger vehicles in current fiscal year as it looks to give differentiated experience to the buyers opting for the environment-friendly models, according to a top company official. The M
Maruti partners with Indian Bank to provide financing solutions to dealers. Maruti Suzuki India Ltd on Thursday said it has partnered with Indian Bank to provide financing solutions to its dealers. The two parties have signed a Memorandum of Understanding (MoU), which will empower over 4,000 Maruti Suzuki dealerships across the co
LIC sells 2% shares in Sun Pharma via open market sale, stake now at 3.012%. The transaction was done via open market sale and the stake was sold between July 22 and September 13
Vedanta hires former Gold Fields CEO Griffith to run copper, zinc mines. Griffith stepped down as chief executive of Gold Fields in December, after a short stint at the Johannesburg-based gold producer, following an unsuccessful bid to buy Canadian Yamana Gold
Pilot shortage pulls down Akasa Air's market share to 4.2% in August. IndiGo maintained its lead as the country's largest airline with its market share pegged at 63.3 per cent in August
Oil India to invest Rs 25,000 crore in clean energy for net zero by 2040. State-owned Oil India Ltd plans to invest Rs 25,000 crore in clean energy projects that will help it achieve a net zero carbon emission goal by 2040, its chairman Ranjit Rath said on Thursday. OIL's net zero plan includes a combination of cutting down the
SAP Labs to double artificial intelligence talent base in India by 2024. SAP Labs India, which marks its 25th anniversary this year, is a critical location for the German software giant's AI transformation, enabling its half a million customers with Business AI
DGCA takes up matters with P&W regarding problems in IndiGo plane engines. The Directorate General of Civil Aviation (DGCA) has taken up the matter with Pratt and Whitney (P & W) regarding the three incidents of engine failure in IndiGo flights in quick succession leading to In-flight Shut down (IFSD) demanding Original equipment
Goa state warns Abbott India on antacid Digene license suspension. The state authorities have given Abbott seven days to respond to the notice to defend its position
Agilitas acquires sports footwear maker Mochiko Shoes for undisclosed sum. Established in 2008 by Virender Awal and a co-founding team of five members, Mochiko Shoes registered a revenue of Rs 642 crore in FY23 and is estimated to grow by 30 per cent year-on-year
Larsen & Toubro announces tie-up with BAE Systems for all-terrain vehicles. BAE Systems and L&T have upgraded the BvS10 to meet the specific requirements of the Indian Armed Forces. The company said this new variant will be known as the "BvS10-Sindhu"
PepsiCo India remains optimistic in foods amid stress in rural sector. Speaking of inflationary pressures, Bhasin said that the company's focus has been on protecting consumer value and efficiencies in the packet
Adani Enterprises-Kowa partnership for exports to Japanese market. Adani Enterprises said it has formed a joint venture company named Kowa Green Fuel Pte. Ltd, which is a 50:50 joint venture with Kowa Group
Colt Data Centre Services to invest Rs 6,230 cr to expand capacity in India. Based in Navi Mumbai, the new data centre sits on a land parcel of 15 acres and is capable of supporting 120 Megawatts (MW) of IT power capacity
Adani's 5.2 MW wind turbine listed in RLMM; can produce for global markets. Adani Wind announced that its 5.2 MW wind turbine generator (WTG) has been enlisted in the Revised List of Models and Manufacturers
NCLAT dismisses IDBI plea for insolvency against Cyquator Media Services. The National Company Law Appellate Tribunal (NCLAT) on Thursday dismissed the petition of IDBI Trusteeship Services challenging the order of NCLT which had denied starting insolvency proceedings against Essel group firm Cyquator Media Services. A two-membe
Citigroup prepares for job cuts as it revamps top management structure. The moves will result in a number of job cuts, though the company doesn't yet have firm targets for how many employees will be affected
WhatsApp introduces Channels for instant celebrity and news updates. Along with India, Channels launched in 150 countries
Wire maker R R Kabel IPO subscribed by 25% on first day of bidding. The Initial Public Offer (IPO) of wires and cables manufacturer R R Kabel Limited was subscribed 25 per cent on the first day of bidding on Wednesday. The IPO received bids for 32,78,072 shares against 1,33,17,737 shares on offer, according to NSE data. Th
IndiGo gets regulatory approval to wet-lease 11 A320 aircraft: Report. This comes amid IndiGo grounding nearly 40 planes due to a Pratt & Whitney engine issue, the report said
DMRC, BEL ink deal for indigenous communication-based train control system. The Delhi Metro Rail Corporation and Bharat Electronics Limited (BEL) on Wednesday joined hands to develop an indigenous communication-based train control (i-CBTC) system, officials said. The team has commenced work at the i-CBTC lab of the Delhi Metro Rai
Kolkata Port floats EoI for commercial development on riverfront lands. The Syama Prasad Mookerjee Port has floated an expression of interest (EOI) for commercial and hospitality projects on riverfront lands in Moyapur, the Noorpur-Hooghly point and Budge Budge in South 24 Parganas district, officials said on Wednesday. The 20
X Corp, formerly Twitter, deposits 50% of fine amount in High Court. X Corp (formerly Twitter) on Wednesday informed the High Court of Karnataka that it has deposited Rs 25 lakh following a division bench order on August 10. The company had challenged the single judge order of June 30 to deposit Rs 50 lakh by August 14. The
NCLT rejects Torrents's plea; to hear Hinduja's plan for RCL on Sep 26. The National Company Law Tribunal (NCLT) will hear on September 26 the resolution plan for debt-ridden Reliance Capital submitted by Hinduja Group firm Indusind International Holdings Ltd (IIHL) as Torrent Investments' plea to keep the decision in abeyance
Aditya Birla launches Louis Philippe in UAE to expand presence in ME region. Louis Philippe, a premium menswear brand owned by the Aditya Birla Group, has forayed into the Middle East region with the opening of the brand's newest outlet in the UAE. Besides, Aditya Birla Fashion and Retail Ltd (ABFRL) plans to increase its retail fo
Adani Group receives certification for India's largest wind turbine. The type certification acknowledges Adani WTG's conformity with the globally recognized IEC 61400 series standards
DGCA permits IndiGo to wet lease 11 Airbus A320 neo family aircraft. Last month, a DGCA official revealed that the aviation regulator was conducting an extensive investigation into two separate incidents involving PW engine malfunctions on IndiGo flights
Fyn partners with Euler Motors to procure 2,000 fast charging 3-wheeler EVs. EV-as-a-service platform Fyn on Wednesday said it has formed a strategic partnership with Euler Motors to procure 2,000 fast charging 3-wheeler EVs. The order will fuel the company's plans to expand to new geographies within the domestic market, including
EY announces launch of AI platform EY.ai, .4bn invested over 18 mths. EY's announcement of launching a dedicated AI platform comes as players in the IT services space has also announced billions of dollar investment in creating expertise
IndiGo to use tech to keep check on pilot fatigue, trial in next few months. It will also conduct a proof-of-concept trial for this system to assess the alertness of pilots over the next few months
Coffee Day up 20%, hits upper circuit limit after settlement with creditor. Shares of Coffee Day Enterprises Ltd jumped 20 per cent on Wednesday after Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns an
Lenders allege Byju's hid 3 million in obscure 3-year-old hedge fund. Byju's denied the charge, saying its credit agreement with lenders did not prohibit or restrict the usage, movement or investment of funds
Volvo Car India starts deliveries of luxury electric car C40 Recharge. Volvo Car India has commenced deliveries of its recently-launched electric car C40 Recharge with Kerala and Tamil Nadu to begin with, the company said on Wednesday. The Indian arm of the Swedish luxury car maker Volvo rolled out its first ground-up electri
Paytm shareholders approve appointment of new statutory auditor SR Batliboi. Digital payment services provider Paytm on Wednesday said its shareholders have approved the appointment of a new statutory auditor, S.R. Batliboi & Associates LLP, for five years. S.R. Batliboi & Associates LLP has been approved as the new statutory audit
Zaggle Prepaid Ocean Services raises Rs 253 cr from anchor investors. The company has allocated 1.54 crore equity shares to 23 entities at Rs 164 apiece, according to a circular uploaded on the BSE website
IndiGo to lease 22 aircraft to overcome impact of P&W engine snags: Report. IndiGo has the largest fleet with 135 planes running on the P&W engines which will be impacted due to safety inspection
Adani-Hindenburg row: Former contractor witness to how money was shifted. Ajay Kumar Agarwal has sought permission from the Supreme Court to intervene in the investigations by the Sebi against the Adani Group
EPFO to generate 16 mn net payrolls in FY24, says SBI Ecowrap report. More people might be sticking to current employment as number of members rejoining or resubscribing pension fund has declined, it says
HPL, Wirepas Oy to speed up rollout of smart metering projects in India. The Indian smart metering market, with a staggering 250 million metering points, is on the cusp of exponential growth
Aeroflex Industries in talks to enter aerospace sector, says top official. Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold
Coffee Day Global settles with creditor; NCLAT sets aside insolvency order. On July 20, the Bengaluru bench of NCLT had directed the initiation of insolvency proceedings against CDGL
Allcargo's Gati expects 18-20% increase in festive season demand this year. Allcargo group firm Gati on Wednesday said it is expecting an 1820 per cent increase in festive season demand, particularly in segments such as e-commerce and white goods, among others, this year. The company said it is geared up to cater to this anticipat
Reliance Retail in talks to raise .5 billion from existing investors. The talks are a part of the company's internal target to raise .5 billion by the end of September this year
Citibank India launches WFH option for 12 months post maternity leave. This potentially provides a cumulative period of 21 months of working from home for expecting and new mothers
Tesla looking at sourcing components worth .9 billion from India: Goyal. The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector
Adani Group in talks to refinance .5 bn debt taken for Ambuja takeover. The Indian conglomerate backed by billionaire Gautam Adani has been in talks with lenders for several months as it seeks to refinance as much as .8 billion worth of debt taken for Ambuja acquisition
Juniper Green Energy gets 0 mn investment from AT Capital Group, Vitol. Juniper Green Energy on Wednesday said AT Capital Group and Vitol have invested USD 350 million in the independent renewable energy power producer. The Juniper Green Energy targets to triple its operational capacity to 2.5 GW by 2026 and forge ahead with i
General Datatech to expand India operations, double headcount in 1 year. GDT will be hiring both laterals and freshers from Indian colleges. In terms of skills, it would be focussing on networking-related skills like 5G, SD-WAN, and Wi-Fi 6.
Amazon Web Services signs pact with Isro, IN-SPACe to advance capabilities. Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing. The collaboration with ISRO and Indian National Space Promotion and Authorization Centre (IN-SPACe) is aime
GMR Group bags Rs 2,470 cr order to install smart meters in Uttar Pradesh. GMR Smart Electricity Distribution Private Ltd has bagged Rs 2,469.71 crore smart meter installation project in Uttar Pradesh, the company said on Wednesday. GMR Smart Electricity Distribution Private Ltd (GSEDPL), a GMR Group company, has received a Lette
Bombay Dyeing to sell 22 acre plot for Rs 5,200 cr to Japan's Sumitomo. Japan's Sumitomo Realty & Development Company will buy a 22-acre land parcel in central Mumbai from Bombay Dyeing for Rs 5,200 crore, the Wadias-run company said on Wednesday. The sale of the land parcel in Worli is one of the biggest land sale transaction
ESR Group to invest Rs 360 cr to build 57 acre logistic park in Odisha. ESR Group on Wednesday announced that it has acquired 57 acres of land in Cuttack, Odisha to develop a logistic park with an investment of about Rs 360 crore. ESR Group, one of the leading asset managers in Asia Pacific, in a statement, said it has acquire
Byju's hid 3 mn in hedge fund once run from Miami IHOP, allege lenders. "Byju's has gone to great lengths to conceal the whereabouts of borrower's 3 million for the admitted purpose of hindering and delaying" creditors, they argued in Miami-Dade County court filings
India Inc faces costlier borrowing as corporate-govt yield gap widens. The yield spread between the AAA-rated 5-year corporate bond and the 5-year government bond narrowed by 7 basis points in August
Resolution professional questions timing of cos cancelling Go First leases. Engine lessors tell NCLT moratorium for airline doesn't apply; arguments to continue on Sept 22
Rana Kapoor gets relief from SAT; Bain Capital sells 2.82% in L&T Finance. Bain Capital sells 2.82% in L&T Finance
Railway Board shifts employees of electrification body to railway zones. The Railway Board has directed that employees of the Central Organization for Railway Electrification (CORE) be shifted to railway zones, citing that its present electrification assignment is ending and no new work has been allotted to it. The CORE had ele
Godfrey shareholders reject proposal to sell unmanufactured tobacco. Shareholders of Godfrey Phillips India have rejected the company's proposal for a related party transaction to annually export unmanufactured tobacco worth up to Rs 1,000 crore to Philip Morris Products SA. Philip Morris Products SA is a member entity of t
Amazon to expand logistics network with 'restocking shelves' at stores. Amazon on Tuesday announced that the service, which is currently in a pilot test, will be more broadly available later this year
Toyota Kirloskar Motor expects record sales in bet on 'looks', high output. The company posted a net profit of Rs 1,404 crore in FY23, about 2.7 times more than its net profit in FY22
Vedanta boss Anil Agarwal floats plan to consolidate copper assets. Mulls transfer of Zambia copper resources to listed Indian arm
SpiceJet completes payment of Rs 100 crore to KAL Airways Private Limited. The Delhi High Court on August 24 told CMD Singh to pay Rs 100 crore dues to Maran by September 10
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