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NSE share market NEWS tomorrow (29 August, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (29 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 29 August 2023

Pg Electroplast was amongst the top gainers, currently trading at 1954.70 in NSE with 1.867 times change in volumes and 9.195% change in price. Other gainers included Jsw Energy with 5.457% price change and 1.889 times volumes, Suzlon Energy with 4.894% price change and 1.057 times volumes, Bharat Heavy with 4.655% price change and 1.593 times volumes, and Macrotech Developers with 4.31% price change and 2.493 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.

Titagarh Rail was amongst the top losers, currently trading at 731.40 in NSE with 1.085 times change in volumes and -6.721% change in price. Other losers included Union Bank with -6.301% price change and 7.503 times volumes, One 97 with -3.387% price change and 1.131 times volumes, Apl Apollo with -2.619% price change and 5.217 times volumes, and Hdfc Amc with -2.008% price change and 1.046 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.

French banking major BNP Paribas looks to sell retail broking arm Sharekhan. BNP's acquisition was completed in 2016 after receiving approvals from all regulatory authorities

DGCA suspends Air India's Boeing simulator facility in Mumbai for lapses. Pilot licenses may lapse; airline's flights could get impacted

ONGC to invest up to Rs 2 trillion by 2038 to meet net-zero goals. Production timeline from ONGC Videsh Limited assets in Colombia and Mozambique remain on track

Maruti Suzuki India appoints Schneider's executive Arnab Roy as CFO. Roy to take charge as CFO from January 1, 2024

Two IndiGo flights suffer technical snags mid-flight, land safely. The IndiGo flight 6E-2012 which was operating from Madurai to Mumbai landed in its destination once the technical issues were noticed

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit. These exits come at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital

Nitin Gadkari unveils world's first BS-VI 100% ethanol-powered car. Toyota Innova HyCross runs on 100% ethanol

ONGC to invest Rs 2 trn in energy transition projects, says chairman. State-owned Oil and Natural Gas Corporation (ONGC) will invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038, its chairman Arun Kumar Singh said on Tuesday. The firm will invest Rs 1 lakh crore by 2030 in setting up 10 gigawatts of renewab

Puneet Dalmia appointed as MD, CEO, Dalmia Cement (Bharat) after Singhi. Dalmia Cement (Bharat) on Tuesday said Puneet Dalmia will take over as its Managing Director and Chief Executive Officer after Mahendra Singhi's decade-long tenure comes to an end on December 8. The Board of Directors of Dalmia Cement (Bharat) also decided

Tata Motors, Mahindra gain certificates for production-linked payouts. Indian automakers Tata Motors and Mahindra and Mahindra have received domestic value certificates, a metric key to qualifying for payouts under the nation's production-linked incentive scheme

Meta platform back on track with spending focused where investors want. After an unpopular pivot to Chief Executive Officer Mark Zuckerberg's metaverse virtual-reality vision in 2021 and last year's record stock plummet, the firm is seen to be back on track

TVS Supply Chain Solutions appoints R Dinesh as Executive Chairman. TVS Supply Chain Solutions said on Tuesday its founder-promoter R Dinesh has been appointed the Executive Chairman of the company's Board. Dinesh, who was the Executive Vice Chairman of the newly listed TVS Supply Chain Solutions, will take over from S Mah

Blue Energy Motors bags contract from CONCOR for 100 LNG-powered trucks. Green fuel truck maker Blue Energy Motors said on Tuesday it has bagged a contract from the Container Corporation of India Ltd (CONCOR) for the supply of 100 LNG-powered trucks. A Navratna PSU and leading containerized multimodal logistics services firm CO

Return to office or risk losing job, Amazon CEO Andy Jassy warns staff. Morale at Amazon has taken a hit since the company laid off about 27,000 employees

3M agrees to pay bn to settle earplug lawsuits from US service members. Chemical and consumer product manufacturer 3M has agreed to pay USD 6 billion to settle numerous lawsuits from US service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company. The settlemen

ITC's Puri hopes food export bans are short-lived once supply stabilises. The company, a major wheat exporter, saw its agriculture business revenue decline 25% in the April-June quarter, hit by the export bans, according to its quarterly earnings presentation

Succession at Reliance: A large family fortune starts a risky transition. That transition could arrive by 2028. At Reliance Industries Ltd.'s annual general meeting Monday, the 66-year-old announced that his three children would be joining the board

Bullish on green mobility, Tata Motors unveils new identity for EV biz. Tata Passenger Electric Mobility on Tuesday unveiled a new brand identity as it gears up to introduce ten new battery electric vehicles by 2026. As the EV offering grows, spurred by surging consumer demand and a robust, thriving product lineup, customers e

SnapE cabs looking to double its fleet in FY'24, expand to smaller cities. Ride-hailing app SnapE, which operates EV cabs, is planning to more than double its current fleet by the end of FY'24, and venture into smaller cities, a company official said on Tuesday. The company also plans to induct more women drivers in its workforce

Byju's business head Prathyusha Agarwal resigns amid reorganisation. Agarwal had joined Byju's in February 2022 from Zee Entertainment Enterprises. Two other business heads - Himanshu Bajaj and Mukut Deepak - have also left, the company

Arnab Roy to be Maruti Suzuki's new CFO from January 1, Ajay Seth to retire. Ajay Seth, current CFO of the company, will step down from his post on December 31 on account of superannuation

Maruti Suzuki plans to double production capacity to 4 mn over 8 years. The company will also take up suggestions by shareholders for a stock split to its board for consideration, he said while speaking at the annual general meeting of the carmaker

Cash reserves to support plan for expanding production capacity: Maruti. Company chairman Bhargava defends decision to issue equity shares on preferential basis to parent Suzuki Motor Corporation

NBCC bags Rs 66 cr order from Indian Medical Association to plan IMA House. State-owned construction firm NBCC has received a Rs 66 crore order from the Indian Medical Association to plan and execute IMA House in the national capital. In a regulatory filing on Monday, NBCC said it bagged a project management consultancy work order

Vedanta seeks to identify its dollar bondholders as billion debt looms. Vedanta has engaged a corporate advisory firm Morrow Sodali to identify owners of notes that mature in January 2024, August 2024 and March 2025, according to a notice sent last week

Gensol Engineering bags EPC projects worth Rs 101.6 crore in Dubai. Homegrown Gensol Engineering Limited on Tuesday announced bagging orders for EPC projects worth Rs 101.6 crore in Dubai. The Engineering, Procurement, and Construction (EPC) projects have been secured from Dubai Government Workshop Warehouse and Dubai Poli

Sunil Mittal's Airtel plans Uganda's biggest IPO to raise 6 million. The offer opens on Wednesday and closes on Oct. 13, according to a prospectus released in the capital, Kampala, on Tuesday. The company will start trading on the exchange on Oct. 31

Succession at Reliance: Here is what we know about the Ambani siblings. The 66-year-old elevated his three children as non-executive directors to Reliance's board and said he will spend the next five years of his chairmanship preparing them to take charge

Escorts Kubota mulls sale of railway equipment unit to focus on tractors. Its railway equipment business makes brake systems, couplers, suspension systems, friction and rubber products. It accounted for 10% of Escorts Kubota's revenue in fiscal 2023, but clocked 32% YoY

Punj Lloyd fails to attract any bidder in second round of e-auction. Debt-ridden engineering, procurement and construction company Punj Lloyd, which is facing liquidation, has again failed to attract any buyer in the second round of e-auctions conducted by its liquidator. The second round of e-auction was conducted on the d

Maruti Suzuki India announces appointment of Arnab Roy as CFO Designate. Maruti Suzuki India on Tuesday announced appointment of Arnab Roy as CFO Designate with effect from October 16, 2023. He will succeed present CFO Ajay Seth who will retire at the end of this year. Seth shall be superannuating from the post of wholetime CFO

Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare. Debt-ridden Future Consumer Ltd on Tuesday announced the sale of its dairy business Nilgiri Dairy Farm to AVA Cholayil Healthcare for a total consideration of Rs 67 crore. As per the deal, Future Consumer has entered into a "transfer agreement for the tran

Cashfree Payments appoints Chetan Yadav as senior VP-human resources. Yadav will look after teams such as human resources business partners, human resources operations, talent acquisition, and administration

IT firms' growth in Q1 FY24 lowest in 10 qtrs, slowdown to get worse: ICRA. Order book and deal pipeline of most companies remain strong, says ratings agency

Digikore Studios files draft papers with NSE Emerge for IPO plans. Visual effects (VFX) studio Digikore Studios Ltd on Tuesday said it plans to enter the primary market with an initial public offering (IPO). Digikore has filed draft papers with the NSE's SME segment Emerge for floating an IPO, according to a statement iss

Tata Motors unit unveils new brand identity for electric vehicles. Tata.ev reflects 'values of sustainability, community, and technology'

UST acquires MobileComm to bolster its position in telecom vertical. UST has a strong presence in India with over 20,000 employees, out of its total headcount of about 30,000

Crypto unicorn CoinSwitch lays off 44 employees citing role redundancy. The company has 519 employees, according to its LinkedIn profile. This would mean around 8 per cent of CoinSwitch's workforce has been shown the door

Ferns N Petals joins ONDC platform for better customer experience. / -- In a significant move to elevate the gifting experience for millions of customers, India's largest gifting brand FNP has officially joined the Open Network for Digital Commerce (ONDC). This strategic collaboration aims to revolutionize the way individ

Growth of revenue, market share is top priority: Hero MotoCorp CEO. Achieving production target for FY24 is secondary right now, he added

Gillette India June quarter PAT up 36% to Rs 92 cr helped by sales growth. Shaving and oral cleaning products maker Gillette India Ltd on Tuesday reported 35.74 per cent rise in profit after tax (PAT) at Rs 91.75 crore for the fourth quarter ended June 2023 helped by sales growth and increased productivity. The company, which fol

Greenwood Group to invest Rs 500 cr for hotels in Northeast in 10 yrs. The Greenwood Hotels and Resorts Group on Tuesday announced that it will invest Rs 500 crore to roll out hospitality projects across Northeast over the next 10 years. The company has launched its latest property 'The Greenwood Guwahati' in the business seg

Uber completes 10 years in India, says drivers earned Rs 50,000 crore. The service now offers options like car, auto, moto, and bus rides via the app, available in 125 cities across India

Tata Sons shareholders clear directors' appointment, dividend payment. Holding company of Tata group reappoints Saurabh Agrawal and Ralf Speth for another 5 years

SnapE cabs to more than double fleet in FY'24, expand to smaller cities. Ride-hailing app SnapE, which operates EV cabs, is planning to more than double its current fleet by the end of FY'24, and venture into smaller cities, a company official said on Tuesday. The company also plans to induct more women drivers in its workforce

Bharat Mandapam designed as window to India: Architect Sanjay Singh. Bharat Mandapam, the venue of the G20 Summit scheduled next month, is designed as a window to India, displaying the country's rich heritage and cultural diversity to the world. Located in the heart of the national capital, the state-of-the-art internationa

SJVN gets letters of award to build 3 solar projects of 320 MW in Assam. State-owned SJVN Ltd on Tuesday said it has received letters of award for three solar projects worth Rs 1,900 crore from Assam Power Development Corporation. These projects, with a cumulative capacity of 320 MW, will be developed by an SJVN arm, SGEL, on a

Tata Power arm to set up 4.4 MW solar energy project for ANANG Group. Tata Power Renewable Energy Limited (TPREL) on Tuesday said it has signed an agreement with automotive components maker ANAND Group to set up a captive 4.4 MW solar project. In a statement, the Tata Power arm said it will facilitate the generation of 10 mi

Toyota Motor to resume Japan plants after rare system malfunction. The company doesn't suspect it's the victim of a cyberattack, the spokesperson said

IndiGo reports 2 engine shutdowns mid-air, both aircraft land safely. In the second such instance in a time difference of a few hours, an IndiGo flight from Kolkata to Bengaluru on Tuesday reported a mid-air glitch after one of its engines shut down but landed safely

Adani's Dharavi redevelopment plan spurs doubts and favouritism claims. Adani is at the helm of plans to redevelop Dharavi after the Maharashtra state government in July approved his 4 million contract bid to overhaul the slum

Stake sale, IPO plans for retail units in focus for Ambani's AGM speech. His once-a-year speech to investors - similar to Warren Buffett's annual letters to Berkshire Hathaway shareholders - has over time evolved into an highly anticipated pageant

Reliance AGM: Where and how to watch Reliance's 46th annual general meeting. Reliance AGM 2023: Mukesh Ambani, chairman of Reliance Industries, will address the shareholders and talk about the company's past performance as well as further plans

RIL AGM LIVE: Mukesh Ambani to remain CMD for 5 years, mentor new leaders. RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here

Reliance AGM 2023 today: Here are the key takeaways from last year's meet. RIL AGM 2023: Ahead of RIL AGM, it is necessary to take a look back at the key announcements made by Ambani at RIL AGM 2022

Japan's Mercari opens centre of excellence in Bengaluru, its first in India. E-commerce firm aims to double its workforce in India to more than 80 employees

Go First extends flight cancellation till August 31 from August 27. Go First added that the company has filed an application for immediate resolution and revival of operations and is optimistic about resuming bookings shortly

EV cell maker Log9 flags production hit on delayed visas to Chinese experts. "If the Chinese engineers don't arrive on time, then our cell line production will get impacted," Log9's co-founder and director, Pankaj Sharma, told Reuters

Reliance AGM 2023: Isha, Akash and Anant Ambani to join RIL board. Ambani's wife, Nita Ambani, is stepping down from Reliance Industries Ltd's board, as it approved the appointments of Isha, Akash, and Anant Ambani as non-executive directors

Glenmark recalls 1,200 bottles of generic hypertension drug in US. Glenmark Pharmaceuticals is recalling 1,200 bottles of a generic drug, used to treat high blood pressure, in the American market due to a manufacturing issue, according to the US Food and Drug Administration (USFDA). The New Jersey-based arm of the drug fi

Jio to launch wireless broadband service on Sept 19: Mukesh Ambani. Reliance Jio has brought 96% of census towns within 5G network, entire country to be covered by December

Indian refiner BPCL to spend .16 bn in oil, green energy over 5 years. The nation has set itself a target to reach net zero by 2070. Many Western countries have set a mid-century goal to meet net zero

Retail value of Reliance Retail doubled in less than 3 years: Isha Ambani. During the 46th Annual General Meeting (AGM) of Reliance Industries Limited, Isha Ambani, director of Reliance Retail, said that the retail company saw around 1,000 million transactions last year

Kalyani Rafael Systems bags Rs 287.51 cr order to supply missile systems. Kalyani Rafael Advanced Systems Pvt Ltd on Monday said it has bagged a Rs 287.51 crore order from the defence ministry for the supply of missile systems. The company is a joint venture between Kalyani Strategic Systems Ltd (a wholly-owned defence subsidiar

Jio promises AI to everyone, everwhere and we shall deliver: Mukesh Ambani. Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said on Monday

Schaeffler India to fully acquire auto spare parts platform Koovers. Schaeffler India Ltd on Monday said it will fully acquire KRSV Innovative Auto Solutions Pvt Ltd, an automotive aftermarket spare parts platform, for Rs 142.4 crore. Bengaluru-based KRSV Innovative Auto Solutions, which operates under the brand Koovers, of

Skyroot expects to double its rocket launches amid Chandrayaan-3's success. "From 2024 and later, we're looking at at least two launches per year and will probably ramp up as we move further," said Chandana

Stäubli invests million in Bengaluru facility to expand India footprint. The facility will help the company expand its footprint in India by fast-tracking its localisation efforts and strengthening local engineering capabilities

Shipping & logistics firm UPS opens India's first tech centre in Chennai. Around 100 candidates were already hired in Chennai with plans to hire 350 by the end of 2023 and up to 1,000 by 2025 across India

Jet Airways case: NCLAT extends time till Sep 30 for JKC to pay Rs 350 cr. The National Company Law Appellate Tribunal (NCLAT) on Monday extended the time till September 30 for Jalan-Kalrock Consortium for payment of Rs 350 crore to the lenders of the bankrupt Jet Airways. A three-member NCLAT bench accepted the plea of the conso

NCLAT gives consortium time till Sept to pay Jet Airways lenders Rs 350 cr. The date for the payment was earlier set for 31 August, but JKC had sought an extension

Shriram Finance's Umesh Revankar takes charge as chairman of FIDC. Revankar, the newly elected chairman of FIDC, expressed his gratitude and enthusiasm for the opportunity

Baroda UP Bank to rationalise over 250 branches in semi-urban, rural areas. Appoints BCG for organisational revamp

PepsiCo India joins ONDC Network to expand retail reach: Ahmed ElSheikh. PepsiCo's consumer portfolio in India includes Pepsi, 7UP, Mountain Dew, among beverages and food including Lay's, Kurkure, Doritos, and Quaker Oats

Amazon now has over 6,000 electric vehicles in its India delivery fleet. Amazon is among many e-commerce firms and consumer goods manufacturers, that are scaling up EV deployment efforts to reduce costs and meet carbon emission targets

Indian automotive industry poised to rank number 3 in world by 2030: Govt. India's automotive industry is poised to rank number three in the world by 2030, with various schemes like the Rs 25,938 crore PLI for Automobile and Auto Components supporting the sector's growth, the government said on Monday. Ministry of Heavy Industrie

Jio Financial to partner with global firms for insurance venture: Ambani. Recently, the financial company announced a 50:50 joint venture with BlackRock to set up an asset management company with an initial investment of 0 million

HCLTech signs professional services deal with Cloud Software Group. A business unit of Cloud Software Group, TIBCO Software provides real-time data for making faster, smarter decisions

Hyperdrive: Here's why 'black mass' is latest buzzword for EV industry. There's growing interest in battery recycling as the global electric-vehicle industry expands, and as carmakers and Western governments aim to build supply chains that bypass China

Decoding Reliance AGM 2023: Mukesh Ambani outlines Jio's mega AI push. Reliance Jio will launch its 5G home broadband service JioAirFiber on September 19, RIL Chairman Mukesh Ambani said on Monday, as he also outlined aggressive plans for AI terming it the "most exciting frontier of growth" for Jio. Other major takeaways from

RIL AGM: Reliance Retail has invested bn in 2 years, says Isha Ambani. Mukesh Ambani says Reliance Retail will be its fastest growing business in revenues and EBITDA

Carbon dioxide to ethanol: Chennai-based Ramcharan springs another surprise. Ties up with Gadkari-family promoted Manas Agro

P&G Hygiene and Health profit jumps over 3-fold to Rs 151 cr in Jun qtr. FMCG products maker Procter & Gamble Hygiene and Health Care Ltd has reported an over three-fold rise in Profit After Tax (PAT) at Rs 151.24 crore in the June quarter. The company, which follows the July-June financial year, had reported a PAT of Rs 42.55

Succession starts at RIL: Ambani family third generation join company board. Nita Ambani steps down as director on the board

IndoStar Finance Capital offloads corporate loans to Phoenix ARC. Offloads stress loans with dues worth Rs 915 cr

US Polo Assn. anticipates 10-15% growth, on track to become Rs 2k cr brand. The store will not only have apparel but also footwear as well as it looks to provide an entire experience to customers

ACME Group to invest nearly .3 bn in green hydrogen project in Odisha. ACME Group will acquire 343 acres of land in Gopalpur Industrial Park, developed by the Tata Steel Special Economic Zone in the state

SBI to enroll customers into social security schemes using Aadhaar. The country's largest lender State Bank of India on Friday introduced a facility to allow customers to enrol in social security schemes by just furnishing an Aadhaar card. SBI Chairman Dinesh Khara unveiled the new feature -- which will be available at the

Motilal Oswal MF buys Jio Financial Services' shares worth Rs 754 cr. Motilal Oswal Mutual Fund on Friday acquired 3.72 crore shares of Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group, for Rs 754 crore through an open market transaction. According to the bulk d

DP World, Kandla Port sign agreement for Rs 4,200 crore container terminal. The Centre foresees the strategic location of the terminal as an aid in its pursuit to reduce container logistics costs within the country

Grasim aims to be 2nd largest player in decorative paints segment: Birla. Aditya Birla group firm Grasim Industries aims to become the second largest player in the paints sector which it considers a "high-potential" growth engine along with its new B2B e-commerce business for construction materials, its Chairman Kumar Mangalam B

Ant Group sells 3.6% stake in Paytm for Rs 2,037 cr via open market. A subsidiary of Chinese fintech giant Ant Group on Friday sold a 3.6 per cent stake in Paytm for Rs 2,037 crore through open market transactions. The shares of Paytm's parent One97 Communications was sold by Antfin (Netherlands) Holding BV. Motilal Oswal M

ASL acquires Japanese-built vessel, to pursue further fleet growth. Apeejay Shipping Ltd (ASL) on Friday announced the acquisition of a Japanese-built vessel with a deadweight capacity of 76,812 MT. The vessel adds significant strength to the Kolkata-based company's fleet, now totalling 10 vessels and boasting of a combine

AstraZeneca sues US govt over Medicare drug price negotiation plans. The British drugmaker, which filed its complaint in a Delaware district court, joins other drugmakers and business groups claiming that the program would restrict the development of new medicines

IndiGrid completes acquisition of Virescent Renewable Energy Trust. Infrastructure investment trust India Grid Trust on Friday said it has completed the acquisition of Virescent Renewable Energy Trust (VRET). India Grid Trust said the enterprise value is not exceeding Rs 4,000 crore, subject to all other closing adjustment

DefMin inks Rs 19,000 cr contract with HSL for 5 fleet support ships. The ships of 44,000 tons category will be the first of its kind to be built in India by an Indian shipyard, officials said

DGCA inspection finds lapses in Air India's internal safety audits. A two-member inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in internal safety audits of Air India and the regulator is probing the matter, according to officials. When contacted, an Air India spokesperson said that al

Japan's SoftBank will likely sell shares in India's Zomato: Report. U.S.-based firms Sequoia and Tiger Global, who were investors in Blinkit, had also received shares in Zomato after the acquisition

AIX Connect, Air India Express announce harmonised grades ahead of merger. Air India Express and AIX Connect on Friday announced new harmonised grades, compensation and benefits for the two companies ahead of their merger. The new structure streamlines grades and career pathways, enabling greater transparency and career progressi

Indian Oil plans to become '360-degree energy' company, to invest Rs 4 trn. India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well as in energy transition projects as part of a plan to become a '360-degree energy company', its chair

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