NSE share market NEWS tomorrow (06 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (06 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 06 September 2023
Idea Cellular was amongst the top gainers, currently trading at 10.65 in NSE with 2.704 times change in volumes and 7.576% change in price. Other gainers included Petronet Lng with 6.873% price change and 2.553 times volumes, Adani Energy with 5.225% price change and 12.633 times volumes, Adani Green with 4.573% price change and 1.459 times volumes, and Indus Towers with 4.2% price change and 2.819 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.
Bond 8 was amongst the top losers, currently trading at 68.75 in NSE with 0.355 times change in volumes and -4.844% change in price. Other losers included Ncc with -4.646% price change and 0.844 times volumes, Rail Vikas with -4.402% price change and 0.54 times volumes, Titagarh Rail with -3.941% price change and 2.791 times volumes, and Cyient with -3.034% price change and 0.294 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.
Apollo Hospitals ties up with Google to offer AI-powered consultations. Through its digital platform Apollo 24/7, Apollo Hospitals aims to enhance the healthcare experience for users, with home delivery of medication and improved clinical decision making as well
Six Indian companies among top 10 digital media players in FY23: Redseer. These six Indian companies are Dream Sports, Gameskraft, Games24x7, Verse Innovations, Junglee Games, and Times Internet
Piramal-Bain investment arm acquires API biz of Ind-Swift for Rs 1,650 cr. The API business has a presence across the US, Japan, Korea, EU, Brazil, and India
Edtech investment cooling in 2023 but growth outlook remains strong. A leading example is Byju's, a company that has come to epitomise the challenges facing this sector
REC to increase loan portfolio of green projects to over Rs 3 trn by 2030. State-owned REC Ltd Chairman and Managing Director Vivek Kumar Dewangan on Wednesday stressed on the commitment to increase its loan book of green projects by ten times to more than Rs 3 lakh crore by 2030. Dewangan chaired the annual general meeting on W
NPCI a crown jewel of India's technology sector, says Nandan Nilekani. NPCI launches converstional UPI 'Hello UPI' for smartphone and feature phone
LIC may need 5 yrs more beyond 2027 comply with public float norms. FinMin-LIC discusses roadmap, stake dilution plans and challenges ahead
Google Play to allow real money games certified by SRBs as per IT rules. As per a console page of Google Play, it currently allows only valid licensed or authorised gambling apps in categories like online casino games, sports betting, horse racing
Court sides with Norwegian regulator's 0K daily fine imposed on Meta. Meta lost a legal battle Wednesday to halt a Norwegian ban on its advertising practices that came with hefty daily fines, in a blow to the US social media giant's business model. Norwegian regulator Datatilsynet in July announced a temporary ban on Faceboo
China prohibits some govt officials from using Apple iPhones: Report. It's not clear how widely the orders were issued, the newspaper added.The shares slid as much as 3.3% to 3.53 in New York on Wednesday, marking the biggest intraday drop since Aug 4
Nigeria gets billion investment pledges from India, seeks economic pact. Skipperseil Ltd's founding Chairman Jitender Sachdeva and India's Bharti Enterprises each pledged .6 billion over four years to build power generation plants and 0 million in Nigeria
SBI to take YONO to US, looks at 5% loan growth in global operations. Its global loan book had expanded by 7.44 per cent YoY till the end of June 2023
Tata Consumer Products, Haldiram's deny negotiations on stake purchase. Tata Consumer Products Ltd (TCPL) and Halidram's on Wednesday said there were no negotiations going on acquiring a 51 per cent stake in the leading snacks maker and restaurant operator. According to reports, the Tata Group's FMCG arm is in talks with Haldi
Google reaches tentative settlement with 36 states, DC in antitrust suit. Thirty-six states and the District of Colombia have reached an agreement in principle with Google to settle a lawsuit filed in 2021 over the tech giant's alleged monopolistic control of app distribution for the software that runs most of the world's cellph
Chennai-based Saas company Zoho says it surpassed 100 mn users globally. Chennai-headquartered SaaS company Zoho said it has surpassed 10 crore users globally. Zoho has become the first bootstrapped SaaS company to reach the milestone, the firm said in a statement. The company had crossed USD 1 billion in annual revenue in 2022
Capital Group offloads NBFC Shriram Finance's shares for Rs 884 crore. US-based financial services company Capital Group on Wednesday offloaded shares of NBFC Shriram Finance for Rs 884 crore through open market transactions. Capital Group through its investment vehicles SmallCap World Fund Inc and New World Fund Inc sold the
Airtel Payments Bank, IDEMIA, HMD team up to enable use of digital rupee. Airtel Payments Bank, identity technology company IDEMIA and Nokia brand phone maker HMD Global have joined hands to bring Central Bank Digital Currency on feature phones in India, a joint statement said on Wednesday. All three organizations would be worki
Tabreed to invest 0 mn in Telangana to develop district cooling plants. Tabreed, a UAE-based global leader in cooling utilities, on Wednesday said it has partnered with Telangana government to develop cooling infrastructure for industrial and commercial parks, and will invest USD 200 million to develop 1,25,000 RT (refrigerati
Digital disruptor brands likely to reach billion by FY28: Report. Consumer demand for innovation and digital-first brands fuels this trend
Tata Consumer Products in talks to buy at least 51% stake in Haldiram's. Tatas are, however, not comfortable with the billion valuation sought by the snack maker
Ind-Swift Labs to sell pharma ingredients ops to Synthimed Labs for 8 mn. Ind-Swift Labs will sell its active pharmaceuticals ingredients (API) and contract research and manufacturing services (CRAMS) business
Suzuki Motor inks pact with NDDB, Banas Dairy to set up biogas plants. Suzuki Motor Corporation on Wednesday said it has inked a pact with National Dairy Development Board (NDDB), and Gujarat-based Banas Dairy to set up four biogas plants in Gujarat with an investment of around Rs 230 crore. The three-party agreement between
Sovereign Wealth Fund Institute lines up opportunity for startups funding. Of the six global startups that will be presenting their five-minute elevator pitches at FORT North America 2023, two will be Indian, representing the fast-growing startup ecosystem in the country
Chavda Infra IPO to open on Sept 12, fixes price band at Rs 60-65. Gujarat-based civil construction company Chavda Infra Ltd has set a price band of Rs 60-65 per share for its initial public offering (IPO). The IPO will open for public subscription on September 12 and will conclude on September 14, while the bidding for t
Tata Steel, ABB India partner to develop tech to reduce carbon footprint. Automation company ABB India and Tata Steel have partnered to jointly work on technologies for reducing the carbon footprint of steel production. The steelmaker has a medium-term target to reduce carbon emissions to less than two tonnes of Co2 per tonne of
Ind-Swift Laboratories to sell API, CRAMS biz to IndiaRF for Rs 1,650 cr. Drug firm Ind-Swift Laboratories on Wednesday said its board has approved to sell active pharmaceutical ingredients and contract research and manufacturing services (CRAMS) businesses to India Resurgence Fund for Rs 1,650 crore. Chandigarh-based Ind-Swift
Ather Energy raises Rs 900 cr from Hero MotoCorp and GIC for expansion. Electric two-wheeler manufacturer will use funding to launch new products, expanding charging infra
REC says it raised .15 billion in August from consortium of six banks. State-owned REC on Wednesday said it raised USD 1.15 billion in August in two tranches from a consortium of six banks. Proceeds of the loans shall be utilized to fund power, infrastructure and logistics sector projects as permitted under the ECB guidelines
52% of organisations express security concerns in using GenAI: Report. Complexity emerged as the second primary concern at 39 per cent, followed by the need for hardware resources and the potential for inaccurate results at 33 per cent
Arete Group sells 38 acre industrial land in Gujarat to Gharda Chemicals. Arete Group on Wednesday said it has sold 38 acre land at its industrial park in Dahej, Gujarat to Gharda Chemicals Ltd for setting up a manufacturing facility. ARETE Group, established in 1990, has a presence in businesses like industrial parks, real esta
Suzuki ties up with NDDB, Banas Dairy to set up biogas production plants. Suzuki has said earlier that they have plans to develop CNG automotive solutions around biogas in India, and also export to other farming regions like Africa, Asean, Japan in the future
TCS signs £800 million contract with digital unit of JLR for five years. TCS has operated in the UK for more than 45 years and works with over 200 clients
PepsiCo to invest Rs 778 cr in Assam to open first food manufacturing plant. Leading beverage & food maker PepsiCo on Wednesday said it will invest Rs 778 crore to set up its first food manufacturing plant at Nalbari, in Assam. Spread over 44.2 acres, the plant is proposed to be operational in 2025 and aims to provide direct and in
PepsiCo India to invest Rs 778 cr for new manufacturing plant in Assam. The company aims to provide direct and indirect employment opportunities to 500 people with this new plant
Reliance Retail signs JV with Alia Bhatt's kids wear brand Ed-a-Mamma. RRVL reported a consolidated turnover of Rs 260,364 crore ($ 31.7 billion) and net profit of Rs 9,181 crore ($ 1.1 billion) for the year ended March 31, 2023
Tata Consumer, Bain in talks with Haldiram promoters to buy majority stake. Tata Consumer looks at majority stake; Bain seeks 10 per cent stake
SC stays K'taka HC order quashing 21,000 cr GST notice against Gameskraft. Meanwhile, Senior Advocate Mukul Rohatgi, appearing for Gameskraft, said that as per the Supreme Court's earlier judgments, a rummy game with or without a stake is a game of skill
Abbott India recalls batches of Antacid Digene gel after DCGI issues alert. In its letter, the DCGI warned that Digene may be unsafe and its use may result in adverse reaction
Oyo's India CEO, Europe Head resign ahead of company's public listing. OYO refiled its Draft Red Herring Prospectus (DRHP) with the stock market regulator SEBI under the recently introduced pre-filing route in March
Lupin to sell generic respiratory drugs on Mark Cuban's online pharmacy. The partnership with Cuban-backed Cost Plus Drugs is expected to bolster Lupin's U.S. business, which already accounts for nearly 33% of its 2023 revenue
TVS Motor eyes European market with launch of new Apache RTR 310 bike. Priced at Rs 2.42 lakh, the bike has been positioned competitively considering its BMW counterpart costs Rs 2.85 lakh
Morgan Stanley sees tipping point in carbon credits as prices sink. The voluntary carbon market (VCM) has been gripped by a steady stream of scandals, leading to wild price swings and even collapsing valuations
Reliance Retail receives Rs 8,278 cr from QIA, allots 68 mn shares. Reliance Industries on Wednesday said it has received Rs 8,278 crore from Qatar Investment Authority (QIA) for around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led group. As per the deal, it has al
DCGI issues advisory as US-based Abbott recalls batches of Digene gel. The DCGI has cautioned against the consumption of Abbott's antacid Digene gel citing safety concerns, even as the US-based drugmaker recalled several batches of the medicine manufactured at its Goa facility. According to a letter by the Drugs Controller Ge
India's CBG space gets early gains via conglomerates' entry, govt push. According to GOBARdhan (Galvanising Organic Bio-Agro Resources Dhan) data, there are 58 CBG/Bio CNG functional plants in India
Six of eight funds used to invest in Adani Group stocks now closed: Report. The closure of these funds posed a challenge for Sebi to reach the ultimate beneficiaries of these vehicles
Anicut Equity Fund secured an investment of Rs 50 crore from SIDBI. Investment firm Anicut Capital on Tuesday said it has secured an investment of Rs 50 crore from the Small Industries Development Bank of India (SIDBI) for Anicut Equity Fund. The investment has come through the Fund of Funds for Startups (FFS). The FFS is
AP, SBI ink deal to upgrade, establish 7,500 micro food processing units. The Andhra Pradesh Food Processing Society (APFPS) and the State Bank of India (SBI) have entered into an agreement on Tuesday to upgrade and support the establishment of at least 7,500 micro food processing units in the state. This agreement will be execu
Credit demand to remain robust, to clock about 14% growth: SBI chairman. YONO 2.0 rollout by FY24-end; app fetches Rs 100 crore in fee income every qtr
Cipla plans acquisitions to take top spot in South African drug market. Cipla has a strong presence in both private and tender markets in South Africa
Patel Engineering JV bags Rs 1,275 crore project in Madhya Pradesh. Patel Engineering Limited (PEL) on Tuesday said its joint venture has bagged a Rs 1,275.30 crore order in Madhya Pradesh. The contract was awarded by Madhya Pradesh Jal Nigam, Patel Engineering said, adding its share in the JV project is Rs 446.36 crore. T
User safety important, using AI tools to combat misinformation: Meta India. Meta, the parent company for popular apps like Facebook and WhatsApp, considers user safety as "super important" and is using AI in a big way to combat misinformation, the social media giant's India head Sandhya Devanathan has said. Meta will continue with
Yono app fetches Rs 100 crore in fee income every quarter: SBI Chairman. Yono, the mobile app of the State Bank of India, fetches Rs 100 crore in fee income every quarter by selling products from the parent's subsidiaries, and the digital loan book will be close to Rs 30,000 crore this fiscal, according to a top official. The n
PNB introduces CBDC-UPI interoperability for seamless transactions. State-owned Punjab National Bank (PNB) on Tuesday announced the launch of Central Bank Digital Currency (CBDC) with Unified Payments Interface (UPI) interoperability feature in its digital rupee mobile application. This move is in line with the RBI's CBDC
Jupiter Wagons gets board's nod to raise Rs 700 crore through QIP route. Mobility solutions provider Jupiter Wagons Limited (JWL) on Tuesday said it has received the board's approval to raise Rs 700 crore through the Qualified Institutional Placement (QIP) route. The funds will be raised through the issuance of equity shares, w
Birla Corp plans to ramp up cement production to 25 mt by 2025-26 fiscal. MP Birla Group flagship company Birla Corporation has drawn up a strategy to augment its cement production capacity to 25 million tonnes by the 2025-26 fiscal from the existing 20 million tonnes, officials said on Tuesday. The cement maker is planning to m
Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 cr. Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore through an open market transaction. Lighthouse Advisors through its investment vehicle Lighthouse India Fund III sold the
Vedanta Resources gets back ownership, management of copper mine in Zambia. Vedanta Resources Ltd (Vedanta) on Tuesday said it will restart copper operations in Zambia after a government decision in favour of the company. In a statement, the metal and mining giant said: "The ownership and management of Konkola Copper Mines (KCM) h
TPREL to set up 12 MW on-site solar project for Tata Motors in Maharashtra. Tata Power Renewable Energy Ltd (TPREL) will set up a 12 megawatt (MW) on-site solar project at Tata Motors' commercial vehicle manufacturing facility in Maharashtra. In a statement, TPREL said it has already signed a power purchase agreement (PPA) with Ta
Settle issues with creditor Celestial Aviation Services: NCLT asks SpiceJet. The National Company Law Tribunal (NCLT) on Tuesday suggested that SpiceJet settle the issues with lessors that have sought initiation of insolvency proceedings against it. The tribunal's suggestion came against the backdrop of the crisis-hit carrier issui
Hero MotoCorp approves Rs 550 cr additional investment in Ather Energy. Hero MotoCorp on Monday said it will invest an additional Rs 550 crore in Ather Energy. The company's board, at its meeting held on September 4, 2023, has approved an investment of up to Rs 550 crore in the Rights issue of Ather Energy, Hero MotoCorp said
Paytm disbursed loans worth Rs 5,517 crore in August, average MTU up 20%. In terms of the number of loans, in July and August, the company saw a 47 per cent jump from 6 million loans in 2022 to 8.8 million in 2023
Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz. Last December, Reliance Retail Ventures acquired Metro Cash and Carry India for Rs 2,850 crore
Reliance Jio turns seven: Here is a look at the latest tariff vouchers. The telecom operator launched a number of extra data and special vouchers for their customers
India raised stature of G20, say Maruti Suzuki's chairman RC Bhargava. India has raised the stature of G20, giving it a certain recognition of its ability to influence people in the world and the forum will be inspired in future by what has been done in the country during its presidency, Maruti Suzuki India Chairman R C Bharg
Novo Nordisk is Europe's most valuable firm after launching obesity drug. The company's share price closed up 0.7 per cent to DKK 1,311 (0), giving the company a market capitalisation of 8 billion
CBI arrests GAIL Exec Director KB Singh in Rs 50 lakh bribery case. Along with Executive Director (Projects) K B Singh of GAIL, four others have also been arrested, including Director of Vadodara-based Advance Infrastructures Surender Kumar, said officials
IIM-Calcutta director resigns; second to do so in 2 years: Report. Sarkar was appointed as the director of the oldest IIM in August 2018 after a controversial exit by his predecessor, Anju Seth
Coherent Corp picks Chennai for its global centre of excellence in India. Coherent has R&D, manufacturing, sales, and distribution facilities across more than 130 locations in over 20 countries
Captain Fresh raises million for global expansion in Series C funding. Captain Fresh, a B2B fish and seafood company, on Tuesday announced raising USD 20 million (around Rs 166 crore) that will help it in expanding in global markets. The extended C funding round saw participation from SBI Investment and Evolvence Capital, amo
USA's PowerSchool acquires Indian edtech firm Neverskip for undisclosed sum. The deal will lead to the two companies creating a unified technology platform for school operations
Reliance General Insurance, OLA Electric to enhance 2W customer experience. Under this alliance, both companies will aim to transform the total ownership of OLA customers
Pepperfry elevates Ashish Shah as CEO after demise of Ambareesh Murty. The company has also secured million to strengthen its ability to cater to the evolving needs of its over 10 million and increasing customer base
SoftBank's Arm aims for over bn valuation in biggest US IPO of the year. SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for to apiece and aims to raise up to .87 billion at the top of the range
Volvo Car India expects 'good' festival season for domestic auto industry. With improved supply chain situation and positive economic sentiment, Swedish car maker Volvo expects the upcoming festival season to be "good" for India's automobile industry. A top executive of Volvo Car India has said that price parity is being slowly s
Go First cancels all flights till Sep 10 due to operational reasons. The company assured that the bookings will resume shortly as they have filed an application for immediate resolution
Indian Bank collaborates with IBM to deploy new front-end banking apps. Public sector Indian Bank has collaborated with Nasdaq-listed IBM to deploy future ready infrastructure to enhance scalability and agility. The city-headquartered bank wanted to consolidate its front branch servers for better manageability and availability
CCI brings draft regulations on mergers under new Competition Act. The CCI has invited stakeholders to submit written comments on the draft Combinations Regulations until 25 September
Zoho surpasses 100 million users across over 55 business applications. Zoho has added at least 50 million users. Its user base has grown from 1 million users in 2008 to 100 million in 2023
Mukesh Ambani, Gautam Adani top the Fortune India Rich List for 2023. The magazine said the wealth estimate of the Indian billionaires is based on stock prices as of 14 July 2023 and shareholding as of December 2022
Unicorn India Ventures announces first close of Fund III at Rs 225 crore. With Fund III, UIV aims to build a portfolio of 25 startups that are focused on global SaaS and digital platforms, areas of expertise for Unicorn India
India saw highest mobile subscriber addition in Q2: Ericsson report. The number of mobile broadband subscriptions grew by about 100 million in the quarter, totalling 7.4 billion-a year-on-year increase of 5 per cent
Air India to induct two A350 planes this year that have received DGCA. Air India will induct two A350 aircraft this year for which it has received DGCA approval and expects to have six such planes in its fleet by the end of March 2024, according to officials. Steered by the Tata Group, the loss-making Air India is expanding i
Swedish luxury carmaker Volvo revs up with EVs, eyes record sales in 2023. Earlier, its peak sales was in 2018, when it sold 2,600 cars
Maritronics India to manufacture specialised equipment for defence sector. Marine equipment and spare parts supplier Maritronics India on Monday announced its foray into specialised equipment manufacturing for the defence sector. The company, in a statement, said it is in the process of setting up its own manufacturing facility i
InterGlobe Aviation to set up subsidiary for financing aviation assets. InterGlobe Aviation, the parent of the country's largest airline IndiGo, will set up a subsidiary with an investment of up to Rs 30 crore for financing aviation assets. The wholly-owned subsidiary will be set up in GIFT City. The company's board on Monday
Udaan makes organisational changes in business and tech verticals. Vivek Gupta, who led the essentials business, will transition from the operating role
Tata Power Renewable Energy to set up 26 MW captive solar project in Maha. Tata Power Renewable Energy Limited (TPREL) will set up a 26-MW captive solar plant at Ahmednagar in Maharashtra. In this regard, the company said it has already signed a power delivery agreement (PDA) with Neosym Industry Limited (Neosym) which is a leadi
Insolvency proceedings: Gujarat High Court stays NCLT order against Rasna. In a major relief for Rasna, the Gujarat High Court on Monday stayed the NCLT order directing the initiation of insolvency proceedings against the homegrown beverage brand. Last week, the Ahmedabad bench of the National Company Law Tribunal (NCLT) directed
Paytm's Sharma open to increasing stake in Indian payments firm. Sharma, also CEO of Paytm, holds a 19.42% in Paytm after purchasing shares from Antfin amid broader concerns about Chinese ownership in Indian financial technology companies
ICAR signs agreement with Bayer for resource technology development. As part of the collaboration, Krishi Vigyan Kendras will strengthen outreach to a wider farmers' base by leveraging technological know-how
Bharti Airtel to purchase 23,000 Mwh of renewable energy in Q4FY24. Airtel will do this by acquiring stakes in two renewable energy project companies - Continuum Green India and Vibrant Energy Holdings
New Zee-TV Zulu channel will be catalyst for social cohesion: Zulu King. A new channel launched by Indian media conglomerate Zee Enterprises which will feature programmes dubbed into South Africa's largest language, isiZulu, will be a catalyst for social cohesion, Zulu King Misizulu Ka Zwelithini has said. The Zee Zonke (Zee fo
Government invites bids to engage asset valuer for IDBI Bank sale. The asset valuer would be required to value IDBI Bank's investments; loans & advances; fixed assets and other assets
FSIB recommends Vinay Tonse for MD position in State Bank of India. The final decision about the appointment will be taken by the government of India
Omaxe says promoters Rohtas Goel, Sunil Goel settled dispute amicably. Realty firm Omaxe on Monday said promoters Rohtas Goel and Sunil Goel have settled their dispute amicably, with the latter withdrawing legal cases pending in the NCLT and agreeing to transfer his share to his elder brother's family. Omaxe Group began its j
Reliance Jio seeks up to billion in offshore loans to fund 5G plan. The report neither mentioned the individual amounts that Jio will pay back to Ericsson, BNP and other entities in the loan deal nor clarified whether BNP was acting on behalf of a consortium
Honda to roll out 5 SUVs in India by 2030, enters high selling segment. Honda Cars India plans to introduce five sports utility vehicle in the country by 2030 as it looks to have a strong presence in the robustly growing segment, according to a top company executive. The company, a wholly-owned subsidiary of Japanese auto majo
Volkswagen in 'advanced talks' with Mahindra on MEB platform for EVs. BERLIN (Reuters) - Volkswagen said on Monday that it is in advanced talks with India's Mahindra & Mahindra on the use of key electric components of the German carmaker's open platform for electric vehicles, called MEB.
Zerodha's Kamath brothers to invest Rs 100 crore in Nazara Technologies. This will take Nikhil Kamath's stake in the firm to 3.5 per cent, up from an earlier 1 per cent
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