NSE share market NEWS tomorrow (12 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (12 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 12 September 2023
Tata Consultancy was amongst the top gainers, currently trading at 3580.80 in NSE with 2.51 times change in volumes and 2.877% change in price. Other gainers included Larsen Toubro with 1.724% price change and 5.039 times volumes, Infosys with 1.67% price change and 1.624 times volumes, Divi S with 1.38% price change and 1.939 times volumes, and Ultratech Cement with 1.299% price change and 2.55 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 Grid was amongst the top losers, currently trading at 191.30 in NSE with 2.249 times change in volumes and -27.675% change in price. Other losers included Rail Vikas with -10.369% price change and 0.811 times volumes, Bharat Heavy with -10.154% price change and 1.132 times volumes, National Buildings with -9.212% price change and 1.319 times volumes, and Tube Invest with -8.822% price change and 0.554 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.
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
BoB's festival offer: Home loans at 8.4%, 80-bps discount on personal loans. Offers 80 bps discount on personal loan
Domestic air passenger traffic rises about 23% to 1.24 cr in August: ICRA. India's domestic air passenger traffic rose about 23 per cent year-on-year to 1.24 crore in August and was 6 per cent higher than the pre-Covid level (August 2019) of around 1.18 crore, credit rating agency Icra said on Thursday. On a sequential basis, the
U'khand govt approves service sector policy offering subsidies to investors. The Uttarakhand government on Tuesday approved the formulation of a policy offering land and subsidies to investors to give a push to sectors such as healthcare, traditional medicine, education, films and media in the state. The state cabinet in its meetin
Riding on fresh demand, Hyundai Motor sees around 9% growth in FY24. Between January to December 2022, HMIL had sold 552,511 units, a 9 percent YoY growth
Bain Capital slashes stake in L&T Finance Holdings by more than half. BENGALURU (Reuters) - Investment firm Bain Capital sold more than half its stake in non-banking financial company L&T Finance Holdings in two block deals, data from BSE India exchange showed on Tuesday.
Apple kicks off iPhone 15 event with new cables, better cameras expected. The event at Apple's Cupertino, California, headquarters comes amid a global smartphone slump and lingering economic uncertainty, especially in China, Apple's third-largest market
Private equity platform Xponentia raises Rs 1,000 crore in new fund. Private equity platform Xponentia on Tuesday said it has raised Rs 1,000 crore in its second fund, almost entirely from domestic investors. The platform will be investing the funds in companies across sectors such as consumer, healthcare, financial service
Google's search dominance challenged in biggest antitrust trial in decades. Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and sta
UAE's Etihad Airways names actress Katrina Kaif as brand ambassador. This is the second time in more than a decade the Gulf-based airline has collaborated with the Bollywood star
Ahead of IPO, RR Kabel collects over Rs 585 cr from anchor investors. TPG-backed wires and cables manufacturer RR Kabel Ltd on Tuesday said it has mobilised Rs 585.62 crore from anchor investors ahead of its initial share sale. The company has allocated 56,58,201 equity shares to 54 entities at an average price of Rs 1,035 a
Razorpay acquires digital invoicing, customer engagement startup BillMe. With this acquisition, Razorpay will get access to BillMe's client base of over 4,000 merchants
Elon Musk's Starlink may soon get a licence to start its services in India. The telecom ministry is expected to hold a meeting later this month to discuss the proposal of Starlink for a GMPCS service license, and it is likely to be passed
Vertex Ventures' SEA and India arm raises 1 mn, expands investor base. Vertex Ventures Southeast Asia and India (VVSEAI) on Tuesday said it has raised USD 541 million (about Rs 4,489 crore) in a funding round. The VVSEAI Fund V exceeds its target fund of USD 450 million (about Rs 3,734 crore) and is 80 per cent larger than VV
Witnessing trend of rising outsourcing of supply chain activities: TVS SCS. TVS Supply Chain Solutions was witnessing a trend of increasing outsourcing of supply chain activities across industries and a strong pipeline of new opportunities, a top official said. The city-based firm had registered a consolidated net loss for the Apr
Indorama Ventures to invest 0 mn in three PET recycle plants in India. Bangkok-headquartered and Indian majority-owned Indorama Ventures Public Co Ltd is investing USD 150 million in three PET recycling plants in India, aiming to start commercial production in 2026. We have obtained basic regulatory approvals and land acquisi
Cashfree Payments partners with NPCI to launch customer on-boarding feature. 'AutoPay on QR' end the necessity to download an app or register on a website, says company
Hindalco brings in Metra to manufacture products for Indian rail coaches. The collaboration between Hindalco Industries Ltd and Metra SpA marks a pivotal move to bring world class technology
Apple to sell Made-in-India iPhones on launch day for the first time. It would also underscore India's growing production prowess, and reflect a significant departure from Apple's previous strategy of selling mostly Chinese-made new devices to frenzied customers
Sebi hid facts, slept over DRI's letter on stock manipulation by Adani: PIL. On August 25, Sebi informed the apex court it has completed the probe in all but two allegations against the Adani Group and is still awaiting information from five tax havens
SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award. Last month, the court had asked the airline to pay Rs 100 crore to Maran by September 10
Crib expands client base to 1,000 with revenue run rate of Rs 6.5 cr. Bengaluru-based proptech startup Crib on Tuesday said it is providing tech solutions to more than 1,000 individuals or entities that provide rental accommodation to students and working professionals and aims to close this fiscal with an annual revenue run
Coal India commits Rs 24,750 cr investment for 61 eco-friendly projects. Coal India Ltd has committed a capital investment of about Rs 24,750 crore in the next few years on as many as 61 first-mile connectivity (FMC) projects in a bid to boost eco-friendly coal transportation. In a statement, the world's largest coal producer s
Aluminium rail coaches: Hindalco ropes in Italian firm for extrusion tech. Hindalco Industries, the world's largest aluminium rolling and recycling company, on Tuesday said it has signed a technology partnership agreement with Italy-based Metra to manufacture high-speed aluminium rail coaches. The Aditya Birla group company in a
Tata Power Delhi Distribution ties with Utiltyx to ensure cyber security. Tata Power Delhi Distribution on Tuesday announced its strategic partnership with Utiltyx, the Indian arm of the US-based cyber security and data analytics software company. The partnership aims to enhance the company's preparedness against future threats
Maxivision Super Speciality Eye Hospitals to set up 100 eye care centres. Eye care major Maxivision Super Speciality Eye Hospitals Pvt Ltd on Tuesday said it would invest Rs 400 crore to set up 100 eye care centers in Tamil Nadu. Under the proposed investment plan, Maxivision Super Speciality on Tuesday signed a memorandum of un
IndiaRF invests Rs 525 crore in Ivy Health and Life Sciences Private Ltd. Financial advisors for this transaction included O3 Capital, representing IndiaRF, and Unaprime Investment Advisors, advising Ivy
Enventure launches centre for advanced digital construction in Shivamogga. The centre plans to hire about 100 engineers from PESITM in the next year and train them for three months to make them industry-ready to handle projects related to Building Information Modelling (BIM)
Infosys signs deal with Europe's Stark Group for its digital transformation. Infosys will adopt an 'AI first' approach powered by Infosys Topaz, to empower Stark Group with AI-driven operational efficiencies and service quality
Hindalco announces tech partnership with Italian firm to make rail coaches. Novelis, Indian firm's subsidiary, secures anchor customer for upcoming US plant
Infosys signs multi-year digital partnership with Denmark-based STARK Group. As part of this collaboration, Infosys and STARK Group will establish a 'state-of-the-art' data centre in Denmark
Sterlite Power reports 30% rise in net profit to Rs 322 cr in 2022-23. Sterlite Power on Tuesday reported over 30 per cent rise in its standalone net profit to Rs 322.01 crore for 2022-23, mainly on the back of higher revenues. The company's standalone net profit was Rs 246.57 crore in the preceding fiscal ended March 2022, a
Retail unit sale propels Citi India FY23 net profit to Rs 13,614 crore. American lender Citi's FY23 net profit from India operations zoomed to Rs 13,614 crore on the back of the retail unit's sale to Axis Bank. Excluding the Rs 8,914 crore one-time gain of the unit, the lender reported a net profit of Rs 4,700 crore, which was
NTPC announces payement of final dividend of Rs 2,908.99 cr for FY 2022-23. State-owned power giant NTPC on Tuesday announced payment of Rs 2,908.99 crore final dividend for 2022-23. "This Final Dividend payment of Rs 2,908.99 crore constitutes 30 per cent of the paid-up equity share capital of NTPC Ltd," a company statement said.
Lenskart unit Neso Brands makes mn investment in Paris eyewear brand. Founded in 2015 by former Google and Rad.co executive Jeremie Encaoua and optician Elie Attias, Le Petit Lunetier is a direct-to-consumer eyewear brand that offers fashionable designs
SAP Labs India's Sindhu Gangadharan appointed as Nasscom vice-chairperson. Earlier this year, Gangadharan was appointed as chairperson of the Nasscom GCC Council for the financial year 2023 to 2025
Focussed on creating AI software stack: Paytm CEO Vijay Shekhar Sharma. The company said there are around 50 million merchants in India who use quick response (QR) codes for payments
Maruti, Hyundai say diesel PV sales may dip with stricter emission norms. Leading carmakers Maruti Suzuki India and Hyundai Motor India on Tuesday said the percentage of diesel cars in passenger vehicle sales is expected to come down with stricter emission regulations, increasing the cost of ownership. On a day when Union Road T
Tata Group needs to find substantial growth, ward off Ambani's Reliance. Tata Consumer Products Ltd., the owner of the Tetley tea brand, was uncomfortable with Haldiram's billion valuation
TVS Supply Chain Solutions posts net loss of Rs 65 crore in first quarter. Expansion in existing engagements and new business development drove revenue growth. During the quarter, the company commenced a seven-year transformational engagement with Centrica PLC
Going back in time: Process to revive ancient shipbuilding begins tomorrow. The Ministry of Culture has fully funded this project, while the Ministry of Shipping and Ministry of External Affairs will support the project to ensure seamless execution of the international voyage
Reappointment of ICICI Bank CEO Sandeep Bakhshi gets RBI approval. Bakhshi took charge of the second largest lender on October 15, 2018. Prior to his appointment as MD & CEO, he was a Wholetime Director and the Chief Operating Officer (COO) of ICICI Bank
KKR set to invest over Rs 2k cr in Reliance Retail to raise stake to 1.42%. KKR stake in RRVL will go to 1.42% from 1.17%
RIL backed HFCL bags Rs 83 crore order to supply optical fibre cable. Reliance Industries-backed Himachal Futuristic Communications Limited (HFCL) on Monday said it has bagged a Rs 82.60 crore order from a domestic telecom service provider. In a regulatory filing, the company said it has received the order for the supply of
Walt Disney, Charter Communications near distribution deal: Report. Charter, one of the biggest cable companies in the United States, has been locked in a distribution battle with Walt Disney over how much its channels are worth and how to package them
Credit Suisse case: Pay up or face jail, SC warns SpiceJet boss Ajay Singh. The court on July 25 had given additional time to the airline to pay its dues to Credit Suisse as part of the court-agreed settlement between both parties
Navy, Uber team up for pvt travel of naval personnel, families across India. The Indian Navy has joined hands with a cab aggregator service with an aim to provide reliable, convenient, safe and economical mobility solutions for personal travel and commute of naval personnel and families across the country, officials said on Monday.
UBS Group AG to cut hundreds of wealth jobs in Asia as activity slows. UBS is battling muted client sentiment and activity levels in Asia-Pacific, where the regional business hub of Hong Kong has long been a booking center along with Singapore for China's ultra-wealthy
Expecting international transactions on ONDC soon: CEO Koshy. ONDC is working on a mechanism to enable merchants to make their products visible globally and expects international transactions on the platform soon, ONDC Managing Director and Chief Executive Officer T Koshy said here on Monday. "There is an interest...
Tata Steel sets up 3,500 ton/month downstream manufacturing facility in UP. Tata Steel on Monday inaugurated a fully automated construction service centre in Uttar Pradesh to manufacture reinforced products. The centre in Ghaziabad, which is the company's second such unit after Cuttack in Odisha, will also provide solutions to the
Larsen & Toubro revises buyback price upward to Rs 3,200 per share. "The company is confident that the shareholders will take advantage and benefit from the buyback offer," Shankar Raman, Whole Time Director and chief financial officer, said
NTPC Green Energy, Nayara Energy ink pact to explore green hydrogen space. NTPC Green Energy Limited (NGEL) has entered into an agreement with Nayara Energy to explore opportunities in the green hydrogen space. The memorandum of understanding (MoU) was signed between NGEL CEO Mohit Bhargava and Nayara Energy Head-Technical Amar K
ITI enters PC segment with SMAASH to compete against multinationals. After the announcement, ITI shares surged 20 per cent to settle at Rs 149.40 apiece - its upper price band as well as a 52-week high level - on the BSE
Google's dominance of search faces major challenge with US regulators. The US government is taking aim at what has been an indomitable empire: Google's ubiquitous search engine that has become the internet's main gateway. The legal attack will swing into full force Tuesday in a Washington DC federal courtroom that will serve
BIS reaches out to 240,000 villages over awareness about quality standards. The Bureau of Indian Standards (BIS) has reached out to 2.4 lakh village panchayats so far to create awareness about Indian standards at the grassroot levels. BIS has undertaken a comprehensive initiative to sensitize Gram Panchayat Presidents and Secretar
Apple Inc's high-stakes iPhone 15 launch explained in five charts. Apple also just renewed a contract to get modem chips from Qualcomm Inc., a sign that an effort to build its own components is taking longer than expected
Jet Airways founder Naresh Goyal's ED custody extended till Sep 14. A special court here on Monday extended till September 14 the ED remand of Jet Airways founder Naresh Goyal, who has been arrested in a money laundering case linked to an alleged fraud of Rs 538 crore at Canara Bank. Goyal was arrested by the Enforcement
3,600 man days invested in G20 Summit information technology infra: RailTel. RailTel, which was entrusted to provide uninterrupted telecom services and cyber security solutions for the G20 Summit, said more than 3,600 mandays were invested to come up with an information technology infrastructure of global standards for the two-day
JetBlue steps up campaign to save plan to buy Spirit Airlines for .8 bn. JetBlue Airways said on Monday it has reached agreement to turn over Spirit Airlines' operations at airports in Boston and Newark, New Jersey, as JetBlue ramps up its effort to win regulatory or court approval to buy Spirit. JetBlue CEO Robin Hays said the
Bullet train: HC asks Maha govt to decide in 30 days on Godrej & Boyce plea. The Bombay High Court on Monday directed the Maharashtra government to decide within a month an application filed by Godrej & Boyce company seeking enhancement of compensation awarded to it for acquisition of its land in suburban Vikhroli for the Mumbai-Ah
Credit Suisse case: SC gives Ajay Singh last chance to pay, else face jail. The Supreme Court asked SpiceJet chairman Ajay Singh to make a payment of 0,000 towards an installment to Credit Suisse by September 22, along with million towards defaulted amount
Tata's jewellery brand Titan in talks to debut rupee bond worth Rs 3,000 cr. The bond would be Titan's first in rupees, according to Bloomberg-compiled data
IRB Infrastructure toll revenue collection grows 24% to Rs 417 cr in August. IRB Infrastructure Developers Ltd (IRB) on Monday said its revenue from toll collection grew 24 per cent to Rs 417.2 crore in August 2023. Toll collection stood at Rs 336 crore in the same month last year, IRB said in a statement. Out of its 13 tolls, IRB
Tata Power's Tamil Nadu solar cell unit gets 5 mn from US govt agency. Investment by Development Finance Corporation will supporting India in its clean energy transition, says Tata Power
Justmyroots buys The State Plate to expand intercity food delivery service. With the acquisition, the company said customers can anticipate a broader range of high-quality, non-perishable food items as it enters the regional packaged food sector
GQG Partners acquires shares of IDFC First Bank through block deal. CEO Vaidyanathan to raise stake in IDFC First Bank
Former CEO of China's Alibaba quits cloud business in leadership reshuffle. The former CEO of Alibaba, Daniel Zhang, resigned as head of its cloud computing unit Monday in a surprise move as the Chinese e-commerce empire wraps up a leadership reshuffle. Alibaba said it will invest USD 1 billion in a technology fund Zhang will esta
Public sector company ITI develops its own branded laptop, micro PC. Public sector telecommunications company ITI Limited said on Monday that it has developed its own branded laptop and micro PC with international standards and launched them in the market. The products have been branded as 'SMAASH', said the Bengaluru-based
Byju's puts Epic, Great Learning on sale to raise 0 million- billion. Byju's is hoping to earn between 0-0 million from the sale of Epic, which is a US-based kids' learning company
Reliance Jio launches fire safety and prevention campaign in Delhi NCR. Reliance Jio has embarked on a fire safety and fire prevention campaign aimed at enhancing safety measures across its network sites throughout Delhi NCR
Edelweiss arm aims to raise up to 0 mn for maiden climate fund. An Edelweiss group arm is planning to raise up to USD 500 million (about Rs 4,143 crore) for its maiden climate fund. Edelweiss Alternatives said the fund will be used in areas of renewable energy, transmission infrastructure, developing electric vehicle i
Oriana Power bags orders worth Rs 134 cr for solar projects in K'taka, Raj. Oriana Power Ltd on Monday announced securing two fresh orders totalling Rs 134.6 crore to set up solar capacities in Karnataka and Rajasthan. It has secured an EPC (engineering, procurement and construction) contract worth Rs 100.2 crore from a steel comp
'Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf'. Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday
Grocery delivery app Instacart aims for up to .7 bn valuation in US IPO. The San Francisco-based company and its selling shareholders are looking to raise up to 6 million by offering 22 million shares priced between and each, it said in a regulatory filing
Tesla supercomputer may boost market value by 0 bn: Morgan Stanley. The electric-vehicle maker (EV) started production of the supercomputer used to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than billion on Dojo
Govt may relook at allowing Indian companies to list overseas: FM. Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges through instruments such as depository receipts
Loan disbursal by fintech firms rises 31 % YoY, value up 31.7%: Report. 9 companies accounted for 81% of total disbursement made by 36 companies that are members of Fintech Association for Consumer Empowerment
Essar, Desert Tech ink pact for RE solutions for Saudi steel project. Essar Group on Monday signed a pact with solar PV firm Desert Technologies for developing renewable energy solutions for the Indian conglomerate's KSA Green Steel Arabia project. "Both parties signed a Memorandum of Understanding (MoU) to develop renewable
Zaggle's Rs 564 cr IPO opens on Sep 14, price band fixed at Rs 156-164. Fintech player Zaggle Prepaid Ocean Services on Monday set the price band for its Rs 564-crore initial share sale at Rs 156-164 apiece, a hefty 156-164 times of the face value of its shares. The initial public offering (IPO), which is opening on September
TCS joins Living Heart Project to create digital human heart models. Tata Consultancy Services on Monday said it joined the Living Heart Project of European technology major Dassault Systmes to create accurate digital human heart models. TCS in an exchange filing said it will use its domain and technology expertise, and res
SpiceJet's Ajay Singh gets one more day to pay Rs 100 cr to Kalanithi Maran. The Delhi High Court on August 24 told CMD Singh to pay Rs 100 crore dues to Maran by September 10
Qualcomm to supply Apple Inc with 5G chips until 2026 under new deal. Under the deal announced Monday, Qualcomm said it will supply Apple with chips for phones that will come out each year until 2026
NDMC mulling deploying security guards for assets installed for G20. The NDMC on Monday said it is contemplating to deploy security guards to prevent vandalisation or theft of assets like fountains and sculptures installed ahead of the G20 Summit. Different agencies, including the New Delhi Municipal Council (NDMC), made ex
IT companies partially affected by transport strike in Bengaluru. An estimated nine lakh private commercial vehicles, including auto-rickshaws, corporate vehicles, airport taxis, maxi cabs, and buses, stayed off the roads on Monday
DevDynamics.ai raises 0,000 led by Powerhouse Ventures for amplifying AI. Engineering analytics platform DevDynamics on Monday said it has raised USD 600,000 (about Rs 4.98 crore) led by Powerhouse Ventures for amplifying its AI capabilities. Other investors include Sunn91 Ventures, PointOne Capital, and select angel investors,
ITC launches dairy products in Jharkhand under 'Aashirvaad Svasti' brand. Diversified city-based conglomerate ITC Limited Monday announced its entry in the dairy business in Jharkhand with the launch of various products under its 'Aashirvaad Svasti' brand. The company will offer a slew of dairy products like milk, curd, paneer,
Essar, Desert Tech sign pact for green steel solutions in Saudi Arabia. Essar has been tying up the back end for its proposed Saudi steel plant, which is expected to start production in 2027
Byju's puts Epic, Great Learning on sale to repay .2 billion TLB loan. The lenders are evaluating Byju's proposed amendment and have reportedly asked for more information about the loan repayment proposal
RBI approves re-appointment of Sandeep Bakhshi as ICICI Bank MD & CEO. ICICI Bank, in an exchange filing, said that RBI approved the re-appointment of Sandeep Bakhshi as the MD and CEO of the bank
Celebi India starts ground handling at Chennai International Airport. Turkish aviation services firm Celebi India said on Monday it has started providing ground handling services at Chennai International Airport. With this, the company is offering its services at nine airports in the country. Celebi India will be providing c
Tata Consumer 'narrows its universe'; identifies 5 core areas for launches. Within mini meals, it will look at the breakfast cereal, ready-to-eat, and snacks market, and also its protein platform, which includes plant-based meat and plant protein powders
Byju's changing fortune: From buying spree to selling crown jewels. The valuation of the company led by Byju Raveendran jumped to billion by April 2021. Raveendran used the funds to acquire some 20 companies worldwide
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