NSE share market NEWS tomorrow (01 September, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (01 September, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 01 September 2023
Bharat Heavy was amongst the top gainers, currently trading at 136.15 in NSE with 2.805 times change in volumes and 12.289% change in price. Other gainers included Bond 8 with 11.056% price change and 6.314 times volumes, Idea Cellular with 10.497% price change and 4.5 times volumes, Pg Electroplast with 8.968% price change and 1.882 times volumes, and Multi Commodity with 8.041% price change and 1.539 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.
Mankind Pharma was amongst the top losers, currently trading at 1716.55 in NSE with 1.484 times change in volumes and -4.79% change in price. Other losers included Hdfc Amc with -3.682% price change and 0.117 times volumes, Torrent Pharmaceuticals with -3.077% price change and 1.722 times volumes, Kalyan Jewellers with -2.502% price change and 0.51 times volumes, and Max Healthcare with -2.476% price change and 0.407 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.
Vedanta lobbied to weaken environmental regulations during pandemic: OCCRP. Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped for exploratory drilling in oil blocks it won in government auctions, the report said
RailTel's total income up 27% to Rs 2,002 crore in FY23: RailTel CMD. The meeting was chaired by RailTel's Chairman and Managing Director (CMD) Sanjai Kumar, who presented the annual report of the company for the financial year 2022-23
Byju's and lenders postpone legal battle, aim for out-of-court settlement. The parties are working on reaching a forbearance agreement, and discussions are still ongoing
Torrent Pharma gears up to buyout Cipla promoters, approach PE funding. Torrent Pharma might pay a total of Rs 60,000 crore (around .2 billion) for a 59.47 per cent stake in the 88-year-old pharmaceutical company
M&M August sales up 19% overall, automaker reports 26% growth in SUVs. Farm equipment sales see 3% growth, while exports drop by 26% YoY; 3-wheeler sales up 47%
What is OCCRP that has levelled allegations against Adani and Vedanta?. A report published by OCCRP has accused Adani Group of routing investments in its publicly traded stocks through "opaque" Mauritius funds. But what is OCCRP, and why is it accusing the Adani Group
Eicher Motor unveil 2023 Royal Enfield Bullet starting at Rs 1,73,562. Booking in India begins today, with retails and test rides starting from September 3
Mahindra Logistics to provide Flipkart with heavy commercial vehicles. Companies announce collaboration to improve e-commerce firm's line haul transportation
The Alternative Board forays into Tamil Nadu, sets sight on SMEs. Ramas Krishnan, managing partner of TAB India, said, "We began TAB India operations in Mumbai
Ashok Leyland reports 10% rise in sales to 15,576 units in August. Commercial vehicle maker Ashok Leyland on Friday reported a 10 per cent increase in total sales at 15,576 units in August 2023. The same stood at 14,121 units in the same month last year. Total domestic sales were at 14,545 units last month as against 13,3
Air India onboarded 650 pilots since April 2023, says CEO Campbell Wilson. Air India group airlines have recruited and onboarded as many as 650 pilots since April this year, according to Air India CEO Campbell Wilson. Besides, Air India's widebody Boeing 777 fleet will have two more B777s by the first week of this month, with one
GMR group actively looking for new investment opportunities in Greece. GMR group, the operator of Delhi, Hyderabad and Mopa airports, on Friday said it is actively looking for new investment opportunities in Greece, where it is already developing a greenfield airport in partnership with GEK TERNA. The announcement from the gr
Reliance Retail in talks with global investors to raise .5 billion. In an emailed statement, Reliance said "As a policy, we do not comment on media speculation and rumours.", but added "Our company evaluates various opportunities on an ongoing basis"
As competition intensifies, Royal Enfield launches new 2023 Bullet 350. Aimed at a global audience, the Bullet is available for bookings in India starting Friday, and retail and test rides will begin from 3 September 2023
ICICI Pru Life Insurance launches a product offering income for 30 years. Further, customers can customise the product from a range of income benefits and premium payment terms, among other flexibilities, stated the press release
Optiemus partners with Corning International to produce smartphone glass. Corning specialises in specialty glass, ceramics, and related materials and technologies. The company currently manufactures Gorilla Glass in the United States, Japan, and Taiwan
NTPC, Oil India ink pact to explore collaborations in renewable energy. State-owned entities NTPC and Oil India have entered into an agreement to explore collaborations in the areas of renewable energy, production of green hydrogen and its derivatives. The collaboration is also to pursue geothermal and other decarbonisation in
Alibaba-backed EV maker IM Motors weighs raising fresh funds: Report. The Shanghai-based company is working with advisers including China International Capital Corp. as it seeks to raise about 6 billion yuan (8 million), the people said
TVS Motor Aug sales: 2W sales up 5% to 332,110 units, overall sales up 4%. Motorcycles registered sales of 153,047 units in August 2023 as against 157,118 units for the same period last year
NCLAT allows Go First's airplane lessor Jackson Square to inspect planes. The National Company Law Appellate Tribunal (NCLAT) has permitted Jackson Square Aviation Ireland Ltd to inspect aircraft that it has leased to crisis-hit airline Go First. A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft les
'Amazon excited about India, sees huge headroom for e-comm market growth'. E-commerce giant Amazon is "excited" about India market, charged by digitisation, economic growth and younger demographics, its country head Manish Tiwary has said asserting that the runway on e-commerce opportunity in the country "is huge" going forward.
Renault Nissan Automotive India marks 15 yrs of operations at TN plant. Renault Nissan Automotive India Pvt Ltd has completed 15 years of operations, achieving significant milestones since commencing production at its facility near here in 2008, the company said on Friday. The automobile manufacturer had laid the foundation st
VE Commercial Vehicles total sales up 29.4% to 6,476 units in August. Eicher Motors Ltd on Friday said its arm VE Commercial Vehicles Ltd posted a 29.4 per cent growth in total sales at 6,476 units in August 2023. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 5,003 units in Aug
Royal Enfield reports increase in sales by 11% to 77,583 units in August. Mid-sized motorcycle maker Royal Enfield on Friday reported an 11 per cent rise in total sales at 77,583 units in August 2023. The company had sold 70,112 units in the same month last year, Royal Enfield said in a statement. Domestic sales were at 69,393 u
Mahindra Logistics signs pact with Flipkart for heavy commercial vehicles. Mahindra Logistics Limited (MLL) on Friday announced a collaboration with e-commerce giant Flipkart for providing a dedicated fleet of heavy commercial vehicles, assistance in route management and network operations, among others for the latter's pan India
Reliance Retail Ventures in talks with investors to raise another .5 bn. According to a Reuters report, the company intends to raise .5 billion, which is part of a combined target of .5 billion, and plans to complete this exercise by the end of the quarter
Vedanta lobbied covertly to weaken key environmental regulations: OCCRP. Vedanta says continuous representations are made in the interest of national development and for India's self-reliance in natural resources
Jupiter Life Line Hospital announces IPO, plans to mop up Rs 869 crore. The company has disclosed that approximately Rs 500 crore from the public offering will be allocated towards debt repayment
Delhi HC raps Go First's RP for not complying with inspection order. The judge referred to photographs submitted by a lessor that allegedly showed critical parts of the aircraft missing
Indian automakers post rise in August sales ahead of festive season. In the passenger vehicles (PV) category, sales for Maruti Suzuki and Mahindra and Mahindra grew 16.4% and 25%, respectively, for the month compared to a year earlier
CCI clears Air India-Vistara merger subject to certain conditions. Competition Commission on Friday approved the proposed merger of Air India and Vistara subject to certain conditions. The development is a major step forward for Tata Group in consolidating its aviation business. In a post on platform X, the Competition Co
Coal India output grows 13% to 52.3 MT in Aug, supply up 15% at 59 MT. Coal India Ltd (CIL) on Friday posted a 13.2 per cent growth in its output at 52.3 million tonnes (MT) in August 2023 compared to 46.2 MT in the year-ago month. The supplies rose to 59 MT in August 2023 from 51.2 MT in the same month last fiscal, registeri
Mumbai sees 27% rise in property registration in August: Knight Frank. Mumbai municipal area saw an annual increase of 27 per cent in registration of properties in August at 10,902 units on better housing demand, according to Knight Frank India. The registration of properties in Mumbai city -- the area under the jurisdiction
Steelbird lines up Rs 105 cr capex to ramp up production capacity. Steelbird Hi-Tech India on Friday said it plans to invest Rs 105 crore to enhance production capacity at existing plants as ait aims to roll out 1 crore helmets in the current fiscal. The company will utilise the capital for capacity expansion in its plant
Loss-making telcos BSNL, MTNL sign MoU for synergy of operations. Loss-making state-run telecom firms BSNL and MTNL have signed a memorandum of understanding that will pave the way for synergy of operations between them, MTNL said in a regulatory filing. BSNL has already taken over mobile service operations from MTNL. "W
Adani Group rubbishes allegations of 'opaque' funding by family's partners. The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained gun at billionaire Gautam Adani's group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment fun
Tata Power Renewable Energy inks pact with SSMI to set up 28-MW solar plant. Tata Power Renewable Energy Limited (TPREL) has partnered with Sanyo Special Steel Manufacturing India Private Limited (SSMI) to set up a 28.12-megawatt green energy plant in Maharashtra. In a statement on Thursday, TPREL, an arm of Tata Power, said it has
Tata Power arm in deal with steel maker Sanyo to set up captive solar plant. Tata Power: The solar plant is projected to produce an annual electricity of 61.875 million units and will be likely commissioned by March 2024
Adani Group, Hindenburg, Supreme Court and OCCRP: All you need to know. Just months after the Hindenburg report led to a sharp sell-off of Adani Group shares in the Indian share market, another report has come up with similar allegations. Here is all you need to know
NRL, IIT-Guwahati sign pact to develop green carbon from bamboo dust. The Numaligarh Refinery Ltd (NRL) and IIT-Guwahati have signed a Memorandum of Agreement (MoA) to develop technology for production of marketable green carbon from bamboo dust. As part of the project, a plant of capacity 5 MT/batch will be set up to produc
Dunzo delays employee salaries yet again, sets October as new deadline. Dunzo, a quick commerce startup backed by Reliance and Google, had earlier told its employees that their June and July salaries would be paid in September
Standard Chartered gives 20-week paternity, adoption leave to all employees. The bank announced that the leave will be made available irrespective of gender, relationship status, or how a child comes to permanently join an employee's family
Digital lending firm Lendingkart's Q1 profit doubles, revenue rises 43%. Company says MSME 'segment flourishing' and the demand for business will grow
Jupiter Life Line Hospital IPO to open for public subscription on Sep 6. The initial share sale of multispecialty hospital chain Jupiter Life Line Hospitals will open for public subscription on September 6. The three day initial public offering (IPO) will conclude on September 8 and the bidding for anchor investors will open on
Ashok Leyland partners CSB Bank Ltd for vehicle financing solutions. Commercial vehicle maker Ashok Leyland on Thursday said it has partnered with CSB Bank Ltd for offering vehicle financing solutions to its customers. The two companies have signed a Memorandum of Understanding and the partnership will enable them to offer
Amazon inks pact with India Post for exporters; launches digital assistant. Amazon on Thursday said it has signed an agreement with India Post to simplify cross-border logistics for MSME exporters. Minister of State for Science and Technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between Ind
Market regulator Sebi examined funds named by OCCRP in Adani Group probe. The funds named today are already a part of a regulatory probe into violations of public float norms by the Adani Group and any new facts will be considered, sources added
Hero Electric to diversify into premium space under A2B brand. Hero Electric on Thursday said it will diversify into premium segment under the A2B brand as it aims to create differentiated brands to cater to multiple segments in the electric mobility space. Under the A2B brand, the company will introduce a diverse por
JSW Group in talks with Chinese carmaker Leapmotor for EV technology. JSW is likely to use a single platform on which it can build at least three mid-sized sport-utility vehicles (SUVs), one of the sources said
Zydus Lifesciences gets USFDA nod for generic acne treatment drug. Zydus Lifesciences on Thursday said it has received approval from the US health regulator to market a generic product to treat acne in the American market. The drug firm has received final approval from the US Food and Drug Administration (USFDA) for Isotr
Vistara to begin 2nd Thiruvananthapuram-Mumbai flight service from Sep 1. Vistara Airlines, a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA), will be launching its second daily flight service to Mumbai from the state capital on September 1, the Thiruvananthapuram International Airport Ltd (TIAL)
Festive season discounts remain flat in August for cars, shows data. Anticipated strong festival demand in automotive industry may lead to reduced discounts for utility vehicles
FMC India brings bio-fungicides for bacterial leaf blight disease in rice. FMC India, an agriculture sciences firm that provides crop protection solutions and technologies, has introduced a new bio-fungicide that will help in controlling bacterial leaf blight, one of the most serious diseases of rice. In a statement on Thursday,
Food inflation still a concern: Nestle India CMD Suresh Narayanan. Food inflation is still a cause of concern despite measures taken by the government to check overall price rise and the movement of commodity prices needs to be closely watched for a long-term impact, Nestle India Chairman & Managing Director Suresh Naraya
Aeroflex Industries shares jump 51% in debut trade on issue price of Rs 108. Shares of Aeroflex Industries made a strong debut on Thursday and ended the day with a premium of 51 per cent against the issue price of Rs 108. The stock began the trade at Rs 197.40, up 82.8 per cent from the issue price on the BSE. During the day, it hi
Garena's Free Fire to return to India from Sep 5 as govt revokes ban. Esports company Garena will restart Free Fire online games in India from September 5 after the government revoked the ban on the app. Garena's Free Fire app was removed from Google Play Store and Apple's App Store after the government banned it in February
L&T makes 'asset heavy' exception for billion green hydrogen play. The company plans to target build-own-operate opportunities in the green hydrogen space, a detour from its asset light strategy
Microsoft to stop packaging Teams and Office software in Europe. Microsoft will stop packaging its Teams videoconferencing app with its Office software in Europe in an effort to head off antitrust penalties by regulators. The tech giant also said Thursday that it would take steps to make it easier for competing products
Adani family's partners used 'opaque' funds to invest in its stocks: OCCRP. Citing review of files from multiple tax havens, internal Adani Group emails, OCCRP said investigation found at least 2 cases where investors bought and sold Adani stock via offshore structures
Google to roll out SGE in India for genAI-enabled search on Chrome. With breakthroughs in generative AI, Google is relooking at new applications for search engines
BEL makes vehicle for NDRF to respond to biological, chemical disasters. State-owned Bharat Electronics Limited (BEL) has designed and manufactured a vehicle for the National Disaster Response Force to respond to incidents involving hazardous chemicals, biological or radiological substances, a release said. The first CBRN (Chem
J&J, Lupin cut prices for tuberculosis drug in lower-income countries. (Reuters) - Johnson & Johnson and Indian drugmaker Lupin will supply their versions of the tuberculosis drug bedaquiline at a significantly cheaper price in low- and middle-income countries, a global anti-tuberculosis group said on Wednesday.
Sales growth of listed private non-financial cos moderates to 2.1% in Q1. The combined sales figures of 1,712 listed private manufacturing companies exhibited a relatively stable trend compared to the same period in the previous financial year
NCLT reserves order on Torrent Investent's plea against lenders on bidding. The National Company Law Tribunal (NCLT) on Wednesday reserved its order on Torrent Investment's plea against lenders accepting the resolution plan of Indusind International Holdings (IIHL), the investment arm of the Hinduja Group, to take over Anil Ambani
DGCA suspends Air India's simulator facilities in Mumbai, Hyderabad. If pilot licenses and certificates lapse, A-I's international and domestic flights could get impacted
PhonePe expects to achieve operational profit by 2025: CEO Sameer Nigam. India's most valuable fintech firm PhonePe expects to achieve operational profit by 2025, a top official of the company said on Wednesday. PhonePe founder and CEO Sameer Nigam told PTI that the company's payment, advertising, banking and insurance business
Software firm Hexaware announces 100-120% variable pay to all employees. Software services firm Hexaware Technologies Wednesday announced up to 120 per cent variable pay to its more than 28,500 employees. The payout ranges from 100 per cent to all employees and up to 120 per cent for high performers who have shown exceptional p
MediBuddy raises mn in additional funding, to grow via acquisitions. A substantial portion of these funds will be meticulously channelled into strategic acquisitions and fortifying its existing offerings
Apple's India revenue up 50% but still only 1.5% of its global returns. In India, 60% revenue from iPhones, versus 52% globally
Tata Steel CEO TV Narendran new chairperson of IIT-Kharagpur's board. Tata Steel Ltd's CEO and MD TV Narendran was appointed the new chairperson of the board of governors of IIT-Kharagpur, a statement said. IIT-Kharagpur director VK Tewari said that as a man beholding technical and industrial supremacy, Narendran understands
JSW Group may acquire Ford Motor's Chennai plant to manufacture EVs: Report. The talks to acquire the Ford plant in Chennai started a couple of months ago and are now in an advanced stage, a report said on Wednesday
Goldman Sachs invested in seven companies using Chinese state funds. Despite deteriorating relations between the US and China, Goldman Sachs has intensified its investment activities through this fund
Reliance in talks with head hunters to find CEO for Jio's Insurance biz. Executives from Reliance have met several firms in recent weeks to help them map top talent across life, health and general insurance segments
JLL appointed as global real estate facilities manager by Rolls-Royce. JLL will operate as Rolls-Royce's strategic global facilities management partner across 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries
SAT 'not satisfied' with Sebi order in Zee matter, seeks regulator's reply. Tribunal hears Punit Goenka's appeal, to hear case for final decision on Sept 8
Maruti to Amul: Disney Star onboards 18 sponsors for Asia Cup 2023. Asia Cup 2023 is set to take place from August 30 to September 17 and the tournament will be broadcast live on Star Sports Network and Disney+ Hotstar
PhonePe forays into online stock broking as it expands its services. The platform will charge users an onboarding price of 199 rupees, while there will be no charge for trades of up to 400 rupees, the company said in a statement
Strides Pharma arm gets USFDA approval for generic Mycophenolate Mofetil. Strides Pharma Science Ltd on Wednesday said its wholly-owned arm, Strides Pharma Global Pte. Ltd, Singapore, has received approval from the US health regulator for generic Mycophenolate Mofetil for oral suspension indicated in organ transplant patients to
BharatPe CBO Dhruv Dhanraj Bahl steps down for entrepreneurial journey. Fintech platform BharatPe's Chief Business Officer Dhruv Dhanraj Bahl is leaving the company after about four years of service, the company confirmed. Bahl's exit follows a series of exits of top executives from the Gurugram-based company. Bahl joined the
Titagarh Rail Systems bags Rs 350 cr contract for Ahmedabad Metro project. The Ahmedabad Metro Rail Phase-II project is being implemented by Gujarat Metro Rail Corporation (GMRC) at a cost of Rs 13,500 crore
EV maker Ather Energy's revenue jumps 4.4 times, loss 2.5 times in FY23. The company is not expecting to achieve profitability this year due to the recent changes made by the government in the subsidy regime
Reliance Jio sends legal opinion backing satcom spectrum auction to Trai. A similar legal opinion had been sent by industry body Broadband India Forum (BIF) to Trai, arguing against satellite spectrum auction
WhiteHat Jr CEO Ananya Tripathi quits in another top-level exit at Byju's. Tripathi, who has been on maternity leave since May, has decided to quit. However, Byju's is yet to formally acknowledge her resignation
India's record dry August may push domestic FMCG sector in slow lane. Rural demand had just started to move back into positive territory after being under pressure for over a year
Tata Power-DDL gets three year extension from DSIR for in house R&D unit. Tata Power Delhi Distribution Ltd (Tata Power-DDL) has received a three-year extension till 2026 from the Department of Scientific and Industrial Research (DSIR) for its in-house R&D unit. Tata Power Delhi Distribution Ltd is a joint venture between Tata P
PhonePe takes on Zerodha, Upstox, Groww, unveils stock broking platform. Walmart-owned fintech firm said what differentiates its stock broking platform 'Share.Market' is that it elevates discount broking by combining research, convenience and technology
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