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NSE share market NEWS tomorrow (23 August, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (23 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 23 August 2023

One 97 was amongst the top gainers, currently trading at 904.75 in NSE with 4.08 times change in volumes and 5.529% change in price. Other gainers included Suzlon Energy with 4.796% price change and 1.08 times volumes, Abb Power with 4.196% price change and 4.959 times volumes, Federal Bank with 4.153% price change and 1.999 times volumes, and Rbl Bank with 3.975% price change and 2.04 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.

Adani Enterprises was amongst the top losers, currently trading at 2530.30 in NSE with 0.51 times change in volumes and -6.217% change in price. Other losers included Adani Green with -4.295% price change and 0.832 times volumes, Iifl Holdings with -4.06% price change and 0.437 times volumes, Sona Blw with -4.016% price change and 1.041 times volumes, and Adani Ports with -3.37% price change and 0.591 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.

HCLTech partners with Amazon Web Services to drive GenAI's global adoption. HCLTech has announced a collaboration with Amazon Web Services (AWS) to push the adoption of generative Artificial Intelligence (GenAI) at the company and by enterprises globally. The collaboration aims to empower enterprises to leverage the power of AWS'

CCI clears Tata Motors off charges of anti-competitive practices in 2 cases. In the 2020 case, TML dealer Kanchan Motors of Nashik made similar allegations that TML coerced dealers in various ways

Muthoot Fincorp Ltd launches all-in-one app for financial services. The application offers a wide range of services including MSME and gold loans along with investment in products like Digital Gold and NCDs

India Post Payments Bank plans to double income in FY24: MD Venkatramu. India Post Payments Bank (IPPB) reported a net profit of 200 million rupees in 2022/23, Venkatramu said, as compared with a loss of 1.6 billion rupees in the previous year

Noida-based startup has built navigation system of Isro's Pragyan rover. With the Pragyaan rover poised to navigate the moon, its eyes to traverse the crater-filled lunar surface will be powered by a software developed by a Noida-based tech start-up. Omnipresent Robot Technologies, which has been working closely with ISRO for t

Infosys rolls out 80% average variable payout for Q1 to eligible employees. Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23

Honeywell sets up airfield ground lighting manufacturing facility in India. Honeywell on Wednesday said it has set up an Airfield Ground Lighting (AGL) manufacturing facility in Gurugram, Haryana. "AGL is a Make in India product engineered and manufactured completely in India. AGL plays a crucial role in airport operations and is

CCI slaps Rs 55 lakh penalty on ADIA, TPG Group for false declarations. The Competition Commission of India has slapped penalties totalling Rs 55 lakh on Abu Dhabi Investment Authority (ADIA) and TPG Group for making false declarations before the regulator while availing the green channel facility in a deal related to the acqu

NCDRC dismisses appeal filed by Cloudtail challenging CCPA's order. CCPA had asked the company to recall 1,033 cookers in violation of BIS standards; had levied penalty of Rs 1 lakh on the company

Spicejet Chief Ajay Singh challenges Delhi HC order in favour of Maran. On May 29, the high court ordered SpiceJet to pay approximately Rs 380 crore to its former promoter Maran and asked the airline to submit an affidavit of assets within four weeks

USFDA grants VAI classification to Torrent's Gujarat manufacturing site. The US health regulator has granted Voluntary Action Indicated classification to Torrent Pharmaceutical's manufacturing site in Dahej, Gujarat. A VAI classification means objectionable conditions or practices were found but the agency is not prepared to ta

Shell Energy India to set up renewable energy facility in Gujarat. Shell Energy India on Wednesday said it will invest Rs 3,500 crore in Gujarat to set up a renewable energy facility, charging stations for electric vehicles, and an LNG regasification terminal, which would create nearly 4,300 jobs. A memorandum of understa

India's green hydrogen pilot gathers steam, economics yet to add up. Top executives from Adani Enterprises earlier this month informed analysts, work on their electrolyser manufacturing unit is likely to start in the current or next quarter

Vedanta pledges to pay 0 mn to Zambia creditors before retaking mine. The plan to pay all creditors is "to make sure I win the hearts of the people," billionaire Agarwal said in an interview at Bloomberg's Johannesburg office. "Money will never be a constraint"

Bharat NCAP: India's own car assessment programme; to commence from oct. India becomes the fifth country globally to introduce its own car crash test rating system

SoftBank-owned Arm files for IPO in US, could be biggest in nearly 2 years. At billion, the listing could be the largest in the US since electric-vehicle maker Rivian Automotive Inc's .7 billion offering in October 2021

Honeywell launches new AGL manufacturing facility in India's Gurugram. AGL, a product engineered and manufactured completely in India, plays a crucial role in airport operations

Snap restructures India organisation, appoints Pulkit Trivedi as new MD. Under a new operational structure, the growth, market development, partnerships, content and creator ecosystem teams of Snap in India will now report directly to Trivedi

Singapore's BOC signs financing pact for 10 Airbus aircraft with IndiGo. All 10 aircraft powered by CFM LEAP-1A engines are scheduled for delivery in 2023, said BOC Aviation

L&T Construction wins orders for power transmission & distribution business. Orders to establish two new 132kV substations have been received from a public services infrastructure company in Dubai

Shriram Properties, ASK Property Fund invest Rs 206 cr in a Chennai project. The project, Shriram 122 West is the second joint investment by the co-investment platform set up by ASK & Shriram in November 2022

Adani group Ebitda grows 42% in first quarter, reaches Rs 23,532 crore. Billionaire Gautam Adani's conglomerate clocked a 42 per cent year-on-year growth in pre-tax profit, as businesses ranging from airports to power and sea ports registered impressive growth, the group said on Wednesday. All-time high EBITDA of Rs 23,532 cro

Spicejet moves Delhi HC challenging order in favour of Kalanithi Maran. Spicejet and its promoter Ajay Singh Wednesday approached the Delhi High Court challenging a single-judge order upholding an arbitral award asking them to refund Rs 579 crore plus interest to media baron Kalanithi Maran. The appeals came up before a divisi

Enough stock available to meet any sudden increase in demand: Coal India. Coal India Limited (CIL) Chairman and Managing Director P M Prasad on Wednesday said that sufficient coal stock is available in the country and the company is ready to meet any sudden increase in demand. Prasad told shareholders at the 49th AGM that the co

GAIL to invest Rs 30,000 cr in next 3 years, scouts for LNG supplies abroad. India's top gas firm GAIL (India) Ltd plans to invest Rs 30,000 crore in the next three years as it expands petrochemical capacity and scouts for LNG supplies globally, its chairman Sandeep Kumar Gupta said on Wednesday. The nation's top gas marketing and

TATA AutoComp signs pact with Skoda group to make transportation components. TATA AutoComp Systems on Wednesday said it has signed an initial pact with Skoda Group for a strategic partnership to jointly produce components for the railways, metro and bus segments. The company in a statement said it has significant play in providing

Protean, Google Cloud collaborate to drive digital public infrastructure. The partnership aims to accelerate ONDC and identity & data services through a centre of excellence

QIA to invest Rs 8,278 cr in Reliance Retail Ventures for 0.99% stake. Retail arm of Reliance Industries valued at pre-money equity value of Rs 8.28 trn

PE firm Baring to sell stake worth Rs 7,400 cr in tech firm Coforge. Hong Kong-based Baring plans to invest bn in India in the coming months

Citi MD Ravi Kapoor to retire next month; K Balasubramanian to take over. Post retirement, Kapoor will pursue entrepreneurial opportunities

Wipro begins digital skill credentialing and validation initiative. Built on Wipro's DICE ID platform and powered by Web 3.0 technology, the initiative aims to foster more trust and transparency across the talent ecosystem

No role in banks' selling loans to Edelweiss ARC: GTL Infrastructure. The company continues to operate in normal course of business and does not see any material impact on the operations of the company and cooperate with authorities, the statement said

Ravi Kapoor to retire as Citi banking, advisory head for South Asia. Citigroup on Tuesday said Ravi Kapoor will retire as Banking, Capital Markets and Advisory (BCMA) Head for South Asia and India after working with the group for 18 years. K Balasubramanian will take over the role of BCMA Head for South Asia and India, in a

SBI Mutual Fund completes Franklin Templeton's debt fund asset sale. Investors in the six shuttered schemes get Rs 27,508 crore, 9% higher than what funds owed in 2020

Nasscom launches Talent Connect portal to bridge job scout-seeker gap. In a first, it will focus on connecting skill-specific talent to employer base

Adani TotalEnergies partners with Evera Cabs for developing charging hubs. Adani TotalEnergies E-Mobility Limited (ATEL) will set up EV charging infrastructure with all-electric cab aggregator, Prakriti E-Mobility (Evera), the company said on Tuesday. "The collaboration will feature an integration of 200 EV charging points super

Bridge & Roof bags Rs 1,590 cr EPC contracts for FGD plants in Chhattisgarh. City-based Bridge and Roof Company (India) Limited has bagged two EPC (Engineering, Procurement and Construction) contracts valued at Rs 1,590 crore from Chhattisgarh State Power Generation Company. The contract is for the installation of FGD (Flue Gas Des

Minor fines imposed on multiple Adani companies over non-compliance. The fine for ACC was Rs 47000 each and for Ambuja Cements was Rs 16000 each

Radico Khaitan underpaid Rs 1,075 crore excise duty to UP govt: CAG. Interest is computed at the rate of 18 per cent per annum for delay in payment

Jio Financial Services reels under selling pressure, loses 5% again. Stock sheds Rs 16K cr in market value in two days; exclusion from Sensex, Nifty deferred

Retail store Lifestyle International FY23 profit jumps to Rs 700 cr. Retail store chain Lifestyle International Ltd, part of Dubai-based retail and hospitality conglomerate Landmark Group, has reported a jump in its net profit to Rs 700 crore for FY23, according to data accessed by business intelligence platform Tofler. Bes

Colgate exploring options to bring products from global portfolio to India. Colgate Palmolive India is also looking at acquisitions in the personal care segment and is looking at not only direct-to-consumer companies but also legacy companies to acquire

Glenmark Pharma, Teva settle drug pricing cases with US Dept of Justice. Teva will make a million drug donation to humanitarian organizations that help Americans in need

Meesho aims to grow merchant base 10 times by 2027 as GST rules relax. With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to add 1 crore merchants on its platform by 2027, a top official of the company said on Tuesday. Meesho is the first e-commerce company in India to turn profitable at th

India Post Payments Bank reports operational profit of Rs 20 cr in FY23. India Post Payments Bank on Tuesday reported its first-ever operational profit of Rs 20.16 crore for 2022-23. The bank saw a 66.12 per cent growth in overall revenue. IPPB saw a 17.36 per cent increase in operating costs during the fiscal, a statement said

Infosys Foundation US to provide Rs 1.6 cr to boost tech careers in Indiana. Philanthropic firm Infosys Foundation USA will provide USD 200,000 (about Rs 1.6 crore) to support tech careers in Indiana, it said in a statement on Tuesday. The funding is expected to help 5,000 residents of Indiana, commonly referred to as Hoosiers. The

Axis Bank's Neelkanth Mishra appointed as UIDAI's part-time chairman. The chairperson and the members appointed under the Aadhaar Act hold office for a term of three years or up to the age of sixty-five years, whichever is earlier

Exide Energy to double up its production capacity, seeks additional land. The company leadership team led by Managing Director and CEO Mandar V. Deo met large and medium industries minister MB Patil on Monday and submitted a proposal in this regard

Honda to hike City, Amaze prices from Sept to offset impact of input costs. Honda Cars India on Tuesday said it plans to increase vehicle prices from next month in order to partially offset the impact of rising input costs. The automaker currently sells two models -- City and Amaze in the domestic market. "We have been trying to a

LIC acquires 6.66% stake in Jio Financial Services through demerger process. Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "... Corporation has acquired 6.660 per cent sharehold

Life Insurance Corp picks up 6.66% stake in Jio Financial Services. The cost of the acquisition was 4.68 per cent of the pre-demerged cost of Reliance Industries Ltd

Jupiter Hospitals raises Rs 123 cr in pre -IPO round; gets Sebi's nod. Multi-specialty hospital chain Jupiter Life Line Hospitals has mobilised Rs 123 crore from institutional investors in the pre-IPO (initial public offering) round. In addition, the company has received capital markets regulator Sebi's go-ahead to raise fund

Axis Bank partners Cleartrip to give travel benefits to credit card holders. Under this collaboration, customers will be provided with an array of privileges for domestic flight bookings, including discount on booking seats up to Rs 1,200, and free meals up to Rs 500

Tata Capital onboards Indian cricketer Shubman Gill as brand ambassador. The Non-Banking Finance Company (NBFC) anticipates a period of consistent, market-leading growth across its segments

US-based firm OnSolve launches new technology centre in Bengaluru. OnSolve is witnessing swift adoption of its threat mitigation solutions across vital industries such as healthcare, financial services, manufacturing, oil and gas, and government sectors

Vodafone Idea plans to clear about Rs 2,400 crore dues by September. Debt-ridden telecom operator Vodafone Idea plans to clear about Rs 2,400 crore of dues to the government by September, sources privy to the development said. The company recently cleared pending dues of licence fees and spectrum usage charges of about Rs 4

Pay by November-end or face action: Govt to ex-factory defaulters. Should the OEMs fail to meet the November deadline, the government is prepared to cease further disbursement of subsidies

Vedanta seeks a minimum of .5 per mmBtu for gas from its Rajasthan block. Billionaire Anil Agarwal's Vedanta Ltd is seeking a minimum of USD 9.5 for the natural gas it produces from its Rajasthan block, according to a tender floated by the firm for the sale of the fuel. Vedanta sought bids from users for 0.6 million standard cub

Hindalco to invest Rs 2,000 crore in copper, e-waste recycling facility. Birla also expressed optimism about India's economic prospects, calling the country the 'only bright spot' among global economies

LIC acquires 6.66% stake in Jio Financial Services through demerger process. The insurer's stake in JFS is valued at Rs 10,030 crore, while that in RIL stands at around Rs 1.1 trillion

Adani Enterprises shares climb 2.2% as promoters up stake in flagship firm. This is the first transaction after the Hindenburg Research report in January that the family has increased its stake by 2.22 per cent in the company

Glenmark Pharma settles drug pricing case with US Department of Justice. Drug firm Glenmark Pharmaceuticals said it has entered into a pact with the US Department of Justice, Antitrust Division (DOJ) to resolve court proceedings related to the pricing of a drug. US-based Glenmark Pharmaceuticals Inc, a subsidiary of the company

Tata Sons seek partnerships for UK battery plant to supply JLR EVs. The collaborations for the battery plant, capable of supplying cells for at least 500,000 vehicles a year, could range from a joint venture and sharing of knowledge to experimentation

Shares of Ambani's bn Jio Financial Services set to debut in Mumbai. Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture

SoftBank sells a part of its stake in IPO-bound FirstCry for Rs 435 crore. Three Indian family investment offices have reportedly picked up stakes in the SoftBank-backed e-commerce firm

BoB withdraws Sunny Deol's villa auction notice, cites technical reasons. Reversal in decision comes within a day of the initial auction notice for the actor's Juhu property

Zomato-Battery Smart partner to facilitate battery swapping for e-bikes. Online food ordering and delivery platform Zomato on Monday said it has partnered with Battery Smart to provide battery-swapping access to its delivery partners on the latter's network. Under the partnership, Zomato's delivery partners can get access to Ba

CEVA Logistics to take controlling stake in Stellar Value Chain Solutions. Warburg Pincus-backed logistics firm Stellar Value Chain Solutions has signed a pact with France-based CEVA Logistics for selling controlling stake in the company. As part of the agreement, CEVA Logistics will acquire the entire stake of private equity fir

ADIA-backed IIFL Home Finance raises nearly 0 million from IFC. Pegs total fund requirement upto Rs 14,000 cr in Fy24

IREDA aims Rs 4,350 cr operational revenues in FY24, Rs 5,220 cr in FY25. State-owned IREDA has set a target of achieving Rs 4,350 crore revenue from operations during the current financial year. In the next fiscal, it aims to touch a revenue of Rs 5,220 crore from operations, Indian Renewable Energy Development Agency Ltd (IRED

WeWork India Q1 revenue up 40% to Rs 400 cr on rising demand: CEO Virwani. Co-working major WeWork India's revenue grew by 40 per cent to Rs 400 crore during the first quarter of this fiscal year on rising demand for flexible workspace across major cities from corporates, its CEO Karan Virwani said. The company, which is owned by

Wipro appoints Brijesh Singh as global head of artificial intelligence. Singh's appointment follows Wipro's billion investment in AI and the launch of Wipro ai360

Wockhardt shareholders reject proposal to raise Rs 1,600 cr from promotor. Shareholders of Wockhardt have rejected a proposal to raise Rs 1,600 crore from a promoter entity, according to a regulatory filing. The board of Mumbai-based drug firm had sought shareholder approval for a related party transaction with Khorakiwala Holdin

ABB India bags order to automate Reliances' biopharmaceutical facilities. ABB India on Monday announced that it has secured a major automation contract from Reliance Life Sciences (RLS) to automate its new manufacturing plants in Nashik. However, the company did not disclose the value of the order. ABB India has secured a major

Byju's top executive Cherian Thomas quits, joins Impending Inc as CEO. Thomas played an integral part in setting up the US operations at edtech giant Byju's and was also responsible for spearheading the business of Byju's owned educational gaming firm Osmo as its CEO

Aeroflex raises Rs 103 cr; Vishnu Prakash IPO sets price band at Rs 94-99. Famed investor Ashish Kacholia-backed Aeroflex has priced its issue between Rs 102 to Rs 108. At the top-end, Aeroflex is valued nearly Rs 1,400 crore

HCL, WEF's UpLink opens applications for Zero Water Waste Challenge. Indian firm HCL and UpLink, the open innovation platform of the World Economic Forum, have invited applications for the Zero Water Waste Challenge, which is part of the Aquapreneur Innovation Initiative. The challenge calls for innovative water usage appro

Multi-brand retail chain Big-C mobiles eyes Rs 1,500 cr turnover in FY24. Hyderabad-based multi-brand mobiles retail chain Big-C mobiles has set a target of Rs 1,500 crore as turnover in the current financial year, said company's founder, chairman and managing director M Balu Chowdary. The company had achieved Rs 1,000 crore tur

FIR filed against 4B Network's Rahul Yadav, Sanjay Saini in fraud case. The Rajasthan-based vendor was taken on by 4B to carry out outdoor advertising campaigns back in February 2022

Logistics operator Maersk plans to add 300 EVs to its fleet in India by Oct. Global integrated logistics operator Maersk on Monday said it is planning to add more than 300 electric vehicles to its fleet in India by October. Maersk has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning

Fujifilm India eyes double-digit growth during current fiscal: MD Koji Wada. Japan-based Fujifilm, which operates here in consumer-focused business with camera, photo printer, healthcare and industrial products, is looking for a double-digit growth in the current fiscal, its India Managing Director Koji Wada said on Monday. For the

L&T wins 'significant' order to build 2.3 mn tonne urea plant in Australia. Diversified group L&T on Monday said it has secured a "significant" order from Perdaman Chemicals & Fertilisers to build a 2.3 million tonne urea plant in Australia. On completion, this facility will be the largest urea plant in Australia and one of the la

Centre sets Rs 4,350 cr as target for IREDA in operating revenues. In the previous financial year, Indian Renewable Energy Development Agency (IREDA) managed to achieve revenue from operations of Rs 3,482 crore, surpassing the target of Rs 3,361 crore

Titan set to buy out Esops of CaratLane staffers for Rs 350 crore. The transaction is anticipated to be finalised by October 31 of this year, subject to regulatory approvals

NCLAT reserves order on Jalan-Kalrock Consortium's plea in Jet Airways case. The National Company Law Appellate Tribunal (NCLAT) on Monday reserved its order on Jalan-Kalrock Consortium's plea seeking more time to make payments to the lenders of the bankrupt Jet Airways. The consortium had emerged as the winning bidder for the airl

NFRA slaps Rs 1.10 cr fine on 3 entities in Coffee Day Enterprises matter. The National Financial Reporting Authority has imposed fines totalling Rs 1.10 crore on three entities, including two individual auditors, in connection with lapses in auditing of Tanglin Developments Ltd (TDL), a subsidiary of Coffee Day Enterprises Ltd.

Paytm investing to build AI software stack: Vijay Shekhar Sharma. Sharma also mentioned that Paytm has successfully established a model over the past two years for distributing small digital loans through payment relationships with both consumers and merchants

Jio Financial makes tepid market debut; shares hit 5% lower circuit. Chairman Kamath says to have late-mover advantage

Welspun Enterprises buys 50% stake in Michigan Engineers for Rs 137 cr. Welspun Enterprises Ltd on Monday announced acquiring a little over 50 per cent stake in technology-based EPC firm Michigan Engineers Private Ltd for Rs 137.07 crore. With the completion of the transaction, Michigan Engineers Private Ltd (MEPL) has become

Adani-led promoter group hikes stake in flagship firm AEL to 69.87%. Billionaire Gautam Adani-led promoter group has increased its stake in the group's flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stak

Casagrand to invest Rs 8,000 cr to develop projects in Maha over next 3 yrs. Chennai-based Casagrand on Monday said it plans to invest Rs 8,000 crore to develop realty projects in Maharashtra over the next three years. The company said it plans to develop 20 million square feet in Mumbai and Pune as part of its expansion plan. It,

Paytm investing in Al to make artificial general intelligence software: CEO. Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a l

Real estate platform Nobroker aims Rs 1,000 cr revenue in FY24: Co-founder. Nobroker, the real estate platform that directly connects property owners with tenants and buyers, expects to touch Rs 1,000 crore revenue-mark this year as it has been doubling its billing since 2020, one of the co-founders said. Founded by Amit Kumar Aga

Latest stock market News for tomorrow Access previous news reports: 578579580581582583584585586587588589590591592593594595596

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