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NSE share market NEWS tomorrow (18 April, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (18 April, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 18 April 2023

Yes Bank was amongst the top gainers, currently trading at 16.65 in NSE with 5.586 times change in volumes and 8.469% change in price. Other gainers included Lupin with 6.138% price change and 10.323 times volumes, Indian Bank with 3.893% price change and 1.438 times volumes, Bharat Heavy with 3.854% price change and 3.648 times volumes, and Pi Industries with 3.671% price change and 0.936 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Power Grid was amongst the top losers, currently trading at 230.30 in NSE with 0.618 times change in volumes and -2.683% change in price. Other losers included Varun Beverages with -2.589% price change and 1.007 times volumes, Blue Star with -2.25% price change and 1.27 times volumes, Power Finance with -2.207% price change and 2.107 times volumes, and Ambuja Cements with -2.171% price change and 0.811 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.

Essar Oil appoints corporate governance expert Tony Fountain to board. He will chair board's health, safety, security and environment committee and be a member of another one

Netflix may report nearly 2 mn new subscribers owing to price cuts: Details. Netflix is expected to add 3.43 million subscribers in the April-June quarter, compared with 970,000 subscriber losses in the year-ago quarter

ICICI Lombard General Insurance profit rises 40% as premiums climb. The Mumbai-based insurer's March-quarter profit after tax rose to Rs 437 crore (.29 million), from Rs 313 crore posted a year ago

ICICI Lombard Q4 net up 39.6% to Rs 437 cr as underwriting losses dip. For the whole of FY23, the firm earned a net profit of Rs 1,729 cr, up 36% from Rs 1,271 cr in FY22

Tata Electronics appoints Randhir Thakur as CEO and Managing Director. Tata Electronics Pvt Ltd on Tuesday announced appointment of former Intel Foundry Services President Randhir Thakur as its Chief Executive Officer and Managing Director. Thakur, a global leader and hands-on innovator in semiconductor industry, has worked w

Razorpay sets up advisory board, ropes in former RBI dy governor as chair. Payment gateway and neo-banking platform Razorpay has roped in former RBI deputy governor NS Vishwanathan and former State Bank of India managing director Arijit Basu to lead its newly-formed advisory board. The founding independent members of the board al

Zydus Lifesciences gets USFDA nod for generic female hormone in US market. Zydus Lifesciences on Tuesday said it has received approval from the US regulator to market a generic female hormone, which helps reduce symptoms of menopause, in the US market. The company has received final approval from the US Food and Drug Administrati

Jakson Green developing green hydrogen refuelling station in New Delhi. Jakson Green on Tuesday said it is developing a green hydrogen fuelling station at Badarpur in the capital city for a major power company in India. The project is expected to offset 3.7 tonnes of CO2 per day once operational, a company statement said. The

Elon Musk's Twitter to label, limit visibility of 'hateful' tweets. Twitter said the latest update on its enforcement policies is based on a philosophy of "Freedom of Speech, Not Reach"

Vedanta expects to start building semiconductor plant by Oct-Dec quarter. Vedanta group is expecting to start building its Rs 1.5 lakh crore semiconductor plant in October-December this year and producing electronic chips by the first half of 2027, senior company officials said on Tuesday. Vedanta Semiconductor and Display busin

Delhi govt orders audit of power subsidy released to discoms in 6 yrs. The Delhi government on Tuesday issued a direction to power regulator DERC to conduct a special audit of discoms over power subsidy released to them from 2016 to 2022. An order issued by Special Secretary (Power) Ravi Dhawan stated that in exercise of the

Crisil reports 20% rise in net profit to Rs 145.8 cr in Jan-Mar quarter. Rating agency Crisil on Tuesday reported a nearly 20 per cent on-year rise in net profit to Rs 145.8 crore in the first quarter ending March 2023. The company said consolidated income for the quarter rose by 19.1 per cent to Rs 732.2 crore compared to the

Cosmetic major L'Oreal makes strategic investment in DSG Consumer Partners. French cosmetic major L'Oreal on Tuesday announced a strategic investment in DSG Consumer Partners IV, the fourth fund of Singapore-based venture capital DSGCP, without disclosing the amount. DSG Consumer is focused on growing consumer brand startups acros

Strong 5G gear sales in India boost Ericsson's quarterly net profit. While India boosted equipment sales, analysts said the net growth was chiefly driven by the .2 billion aquisition of cloud communication firm Vonage that Ericcson closed last year

India market's share in Ericsson's global net sales jumps to 11%. Indian market's contribution to Swedish telecom gear maker Ericsson's global net sales rose by 9 percentage points to 11 per cent in the January-March quarter of 2023 compared to the year-ago period. Ericsson India contributed 2 per cent to the global net

Cognizant Technology announces salary hikes to 300,000 employees. Eligible executives at the levels of directors and above have already received merit increases in January

Google needs to reconsider its new Play payments policy, says ADIF. ADIF says necessity to find a more equitable solution that benefits all stakeholders

Adani Group's debt pile up almost 21%, relies on global banks for funding. The ratio of net debt to run-rate earnings before interest, tax, depreciation and amortization was about 3.2 in the 2023 fiscal year, which ended in March

Apple opens its first official store in Mumbai; what we know so far. Located at Reliance Jio World Drive Mall in Bandra Kurla Complex, the 20,800-sq ft flagship store will open at 11 am

Indian Railways earns record revenue of Rs 2.40 trillion in 2022-23. Indian Railways earned Rs 63,300 Cr as passenger revenue in 2022-23 as compared to Rs 39,214 crore in 2021-22 which is 61% higher than the last financial year

Orders of Blinkit rivals surge as workers strike in Delhi-NCR continues. The delivery executives are seeking a reversal of the pay-out structure, which they claim is causing a reduction in their earnings

Reliance Capital resolution process completion deadline extended to July 16. The bidders have asked the Reliance Capital lenders to ensure that the resolution plans are IBC and RFRP compliant

Tata Steel in talks to raise up to 0 million in offshore green loan. No final decision has yet been taken and details may still change, according to the people. Bloomberg-compiled data indicate this would be Tata Steel's first green loan

JioCinema to start subscription model after IPL 2023; check details here. JioCinema drew more than 1.47 billion video views during the opening weekend of the IPL in April, and had 22 million viewers for a match on Wednesday

STL among world's first companies to develop 180 micron optical fibre. STL among the world's first companies to develop 180 micron optical fibre

From iPhone 3G to 1st retail store: Here is Apple's 15-yr journey in India. As Apple opens its first stores, here is a timeline of its journey in India, where the US firm's contract manufacturers are increasingly making iPhones

GSK to acquire Canada-based Bellus for billion to gain cough medicine. The takeover will bring GSK a cough medicine that's shown promising results in clinical trials and has advanced through much of the research process

Jindal Stainless supplied 300 tn steel for Ambedkar statue in Telangana. Jindal Stainless Ltd on Tuesday said it supplied 300 metric tonnes of stainless steel for 125-ft tall statue of B R Ambedkar in Telangana. On April 14, Telangana Chief Minister K Chandrasekhar Rao unveiled the 125-ft tall statue of Babasaheb in Hyderabad o

Goldman Sachs profit falls in first quarter as dealmaking sputters. Goldman booked a 0 million loss on the sale as the bank rejigs its strategy after a foray into consumer banking, which Chief Executive David Solomon had championed for years, flopped

Tata Coffee reports 20% rise in profit on strong demand for March quarter. The company, which also exports to over 40 countries, said its revenue from its value added products business increased about 11% to 6.24 billion rupees

Johnson-Johnson sales in US rise 10%, health care giant raises dividend. Johnson & Johnson beat first-quarter expectations, as growth in the health care giant's home market helped counter another revenue hit overseas from a strong dollar. The health care giant booked a USD 68 million loss on a one-time charge in the quarter, an

SBI approves fund raise of up to billion for FY24 through bonds. SBI will raise billion through foreign currency bonds in 2023-24 in single or multiple tranches

Mahindra Finance to raise upto Rs 8,000 crore through debentures in FY24. The company continued to maintain a comfortable liquidity chest of about three months' requirement, according to the NBFC's filing with BSE

NCLT approves AM Mining resolution plan for Indian Steel Corporation. The NCLT passed the order on April 13. The total amount under the resolution plan is Rs 897 crores, out of which the secured financial creditors would receive Rs 810 crores

Razorpay sets up board for high standards of governance, compliance. The advisory board will periodically convene to review, analyse and provide recommendations and directions on both strategic and tactical levels

PwC India to invest Rs 600 crore in next 3 years on employees' welfare. PwC India on Monday said it is investing more than Rs 600 crore over the next 3 years towards holistic learning and development of its employees and across different wellbeing initiatives. The past three years have had a dramatic effect on people, and as a

JSW Group eyes share of country's infra boom, plans to spend bn by 2030. Jindal said steel was "a cyclical business, and we cannot afford to have a high-leverage regime," according to the FT

Never violated AP Chit Fund Act rules, says Margadarsi Chit Funds Pvt Ltd. The Margadarsi Chit Funds Pvt Ltd (MCFPL) has never violated any provisions of the AP Chit Fund Act & Rules, the company said on Monday amid a CID probe into the alleged violations of the law by it. In a statement, the company alleged that the Andhra Prade

Hyundai Mobis develops world's first rollable display for vehicles. Hyundai Mobis aims to obtain orders for the rollable display, which was partly adopted in smartphones and TVs, from luxury carmakers in North America and Europe

Nike, Adidas shoes maker Pou Chen to invest nearly 1 mn in India. The investment, which would create about 20,000 jobs in Tamil Nadu over a span of 12 years

Gurugram-based realty developer M3M India eyes Rs 20,000 cr sales in FY24. The company claims it has sold 10 mn sq ft of space in FY23, about 81% beyond the FY22 figure of 5.5 mn sq ft. It aims to sell 14-15 mn sq ft in FY24

KFL posts Rs 621 cr sales turnover, passes Rs 42 cr as subsidy to farmers. The state-run Kerala Feeds Limited (KFL) on Monday said it has posted impressive results in 2022-23 with its total sales turnover going up to Rs 621 crore from Rs 577 crore the previous year. In a release, KFL, a State Public Sector Undertaking, said it h

Nusli Wadia-owned Go First to receive Rs 600 crore more by April end. This is in addition to Rs 3,000 crore already invested by promoters in the past 20 months

Air India revamps pay structure of pilots, crew; announces reward, bonus. The new structure also includes revised pay scales across all levels and will come into effect from April 1, 2023

Over 76 firms ink non-disclosure agreement with govt to use ULIP data. Over 76 firms have signed non-disclosure agreements with the government to access data from the Unified Logistics Interface Platform, an official said on Monday. The Unified Logistics Interface Platform (ULIP) was launched on September 17 last year as part

Former Softbank India head Manoj Kohli joins Masters' Union as Chairperson. Former Softbank India head Manoj Kohli has joined as Chairperson of Gurugram-based business school Masters' Union, the management institute said on Monday. Kohli left Softbank in January. When contacted, Kohli said: "I have completed 44 years of full-time

Google withdraws appeal in SC against NCLAT in anti-competition case. NCLAT is likely to hear the matter this week and has transferred the case to chairperson's court

Hello Mumbai! From CEOs to vada pav, Apple CEO Cook gets a taste of India. Perhaps this is the beginning of not just Tim Cook's India adventure but Apple's as well

72% of workers in Apple's India factories are women; Foxconn best performer. The gender data is based on details provided to the states and the central government

TV18 Broadcast Q4 profit falls 91% to Rs 19.7 crore; revenue dips 6%. Media firm TV18 Broadcast Ltd on Monday reported a 91.09 per cent decline in its consolidated net profit at Rs 19.66 crore in the fourth quarter ended on March 31, 2023, on account of a fall in advertising revenue. The company had posted a net profit of Rs

Former Jio-bp executive Kedar Apte to head M&M's global farm business. Apte comes from Jio-bp (a joint venture between Reliance & bp for mobility in India). He was working as the chief marketing officer at Jio-bp

Bournvita rejects social media influencer's claims of high sugar content. Mondelez India-owned health drink brand Bournvita on Monday rejected the claims of a social media influencer of having high sugar content, terming a video posted by him as "unscientific", which "distorted facts and made false and negative inferences". The

At TCS, CEO is the first among equals, says Krithi Krithivasan. Presence is across geographies, any downside hits us, says Krithi Krithivasan CEO-designate, TCS

Once we make a job offer, we honour it: TCS outgoing CEO & MD Gopinathan. The US has turned out to be surprising and hence difficult to call out for the short term, says Rajesh Gopinathan

Google may lose search on Samsung devices to Microsoft Bing: Report. Google is working on several projects to update and renew its search services to avoid losing ground

Coca-Cola to buy minority stake in food delivery platform Thrive: Report. The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

Android malware infects 60 Google Play apps with 100 million downloads. Google Play has been infiltrated by a new Android malware called 'Goldoson', which has been discovered in 60 legitimate apps with a combined total of 100 million downloads.

Appeal by firm can be heard even without certified copy of order: HC. Earlier, an appellate authority under the GST regime had rejected the appeal on the ground that it was not accompanied by a certified copy of the order against which the appeal was filed

Wadia group likely to exit loss-making budget carrier Go First: Report. In the past few months, Go First's over half aircraft have been grounded due to supply chain disruptions due to Pratt & Whitney (P&W) engines

Non-leather footwear maker Pou Chen to invest Rs 2,302 cr in Tamil Nadu. The MoU is expected to generate jobs for over 20,000 people in the non-leather footwear sector in the state over a span of 12 years, especially for youth and women, in and around Kallakurichi District

Here's a first look of the Apple store that opens in Mumbai tomorrow. The store features latest Apple products and accessories like AirTag. It also offers Apple Pickup, which allows customers to place an order online and pick up products at their convenience

TCS may consider giving 12-15% hikes to top employees to curb attrition. TCS is also planning to raise base salaries in its campus recruitment drives. If implemented, this is likely to make Infosys, HCL Technologies, and Wipro follow suit

Volvo Car India reports 38% growth in sales in January-March quarter. Volvo Car India on Monday said it has sold 544 units in the first quarter of this year, a 38 per cent growth, over the same period last year. The automaker had sold 393 units in the January-March period of last year. The sales growth during the period was

Adani-Total's Dhamra LNG terminal to start commercial operations at May-end. Adani Group and French company TotalEnergies' newly built Rs 6,000 crore facility to import LNG at Dhamra on the Odisha coast will start commercial operations at the end of May, the French firm said on Monday. The 5 million tonne a year capacity terminal r

As Apple India sales near bn, CEO Cook arrives to launch first stores. Apple's India sales surged during the pandemic as customers bought iPhones, iPads and MacBooks to work and study from home. And that momentum has continued, helped by financing and trade-in options

Origins by Mahindra signs Mitsubishi Electric for 2 mn Chennai project. The new unit will be Mitsubishi Electric's first air-conditioner and compressor manufacturing plant in India; is expected to begin operations by October 2025

Maruti launches upgraded Super Carry to boost presence in LCV segment. M&M, Tata Motors dominate LCV segment with about 80% market share between them

Mitsubishi Electric to set up AC manufacturing plant in Chennai. Mitsubishi Electric will set up a plant to manufacture air conditioners and compressors at Mahindra World City Developers' industrial park in Chennai with an investment of USD 222 million. The new factory will be Mitsubishi Electric's first air conditioner

NCLT okays AM Mining India's resolution plan for Indian Steel Corporation. ArcelorMittal India on Monday said a resolution plan submitted for Indian Steel Corporation by its arm AM Mining India has been approved by the NCLT, Mumbai. In a statement, ArcelorMittal India Pvt Ltd said it "welcomes National Company Law Tribunal (NCLT)

Zomato set to turn profitable in FY25 at 29% revenue CAGR: Motilal Oswal. Brokerage expects Zomato to gain from the nascent stage of the food delivery ecosystem in India, sees its food delivery GOV surging to Rs 38,400 cr in FY25 from Rs 21,300 cr in FY22

M3M India FY23 sales bookings jump over two-fold to Rs 13,000 cr. Realty firm M3M India on Monday said its sales bookings jumped more than two-fold to record Rs 13,000 crore during the last fiscal on better demand for housing and commercial properties. The Gurugram-based company, in a statement, said it has "recorded the

Tata Coffee Q4 result: A look at how it performed in previous quarters. Tata Group in March 2022 announced a merger between Tata Coffee and Tata Consumer Products, NCLT's nod is expected soon

Apple chief executive Tim Cook to meet PM Narendra Modi amid expansion. The visit by Cook to open the first official company-owned outlets in Mumbai and New Delhi this week underscores Apple's growing ambitions for India

Apple chief executive Tim Cook to meet PM Narendra Modi amid expansion. The visit by Cook to open the first official company-owned outlets in Mumbai and New Delhi this week underscores Apple's growing ambitions for India

Top headlines: HDFC Bank recommends 1900% dividend, Sec 144 imposed in UP. Business Standard brings you top headlines at this hour

Vodafone Idea awards Rs 200 crore network order to Chinese firm ZTE. Telecom operator Vodafone Idea has recently awarded a network gear order of around Rs 200 crore to Chinese company ZTE, three sources aware of the development said. The company has given orders for broadband network equipment in telecom circles of Gujarat,

Talks with UK government on financial package continue: Tata Steel CEO. Tata Steel is still pursuing its request for the financial package with the UK government, the company's CEO T V Narendran said. Narendran who is also the Managing Director of Tata Steel made the remarks in reply to a question on stance on exiting the UK b

Uber signs pact to build cab service zones across all AAI airports. Ride-hailing app Uber has signed a pact with AAI to build its cab service zone across their airports as it sees the aviation sector as one of the key growth drivers of its business, a senior company official said. Uber India and South Asia President Prabhj

See very good opportunities in merger and acquisitions: Infosys CEO. The current environment is throwing up "good opportunities in the merger and acquisition space", Infosys CEO Salil Parekh has said, adding the Bengaluru-headquartered IT firm will look at companies that offer strong strategic and cultural fit. While Infosy

TCS, Infosys results signal subdued Q4 for IT pack, say experts. The results of top-tier companies TCS and Infosys have tripped on global uncertainties and missed street estimates, setting a subdued tone for Q4 show by the IT pack, and experts see choppy 1-2 quarters for the industry but are hopeful of subsequent recove

McLeod-IL&FS out-of-court settlement likely to be completed in two weeks. Bulk tea major McLeod Russel India Ltd and IL&FS are currently engaged in negotiations towards an out-of-court settlement, which is expected to be reached within the next two weeks. The Brij Mohan Khaitan group company is attempting to avoid insolvency thr

Booster dose: Zydus likely to arm India with single-dose malaria drug. In Phase-2 trials now, pill also works against drug-resistant malaria strains

Reliance Industries Limited to announce Q4 results on April 21. Reliance Industries Limited has informed BSE that the meeting of the Board of Directors of the Company is scheduled on April 21

TCS to continue investments in R&D and technology: CFO Samir Seksaria. Country's largest IT services company TCS will continue investing in research and innovation, office spaces and technology infrastructure at the same pace even as it wades through near-term volatilities, a senior official has said. The company's promise to

Considering production of passenger vehicle tyres in India: Michelin CEO. French tyre major Michelin is actively considering production of passenger vehicle tyres locally in India, according to the group Chief Executive Officer Florent Menegaux. The local manufacturing would help the Clermont-Ferrand based tyre major to scale up

Baskin Robbins to add 100 ice cream parlours to expand its network in FY24. Baskin Robbins, an ice cream brand operating in the premium space, has plans to add around 100 parlours in the current fiscal expanding its network further, said a top company official. The company is looking for a double-digit growth in sales, helped by m

Mukesh Ambani builds on record cricket views with film, TV offerings. The potential viewership in India, home to 1.4 billion people and with a growing middle class and expanding internet access, is immense. JioCinema drew more than 1.47 billion video views

Ashok Leyland takes digital route with 'Re-AL' to tap used vehicle biz. Hinduja Group flagship company Ashok Leyland has rolled out an e-marketplace 'Re-AL' for used commercial vehicles segment, the automajor said on Saturday. The e-marketplace facility would help customers to exchange their existing vehicles and upgrade to a

Renew Power planning to raise 0 mn in green bonds to refinance old loans. Early this month, Reliance Industries raised billion for its telecom and new energy projects

HDFC Bank Q4 net rises 20% to Rs 12,594 cr, GNPA ratio improves to 1.12%. HDFC Bank on Saturday reported a 20.60 per cent growth in its consolidated net profit to Rs 12,594.47 crore for the March 2023 quarter. The country's largest private sector lender had reported a net profit of Rs 10,443.01 crore for the January-March period

HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth. The bank's total balance sheet expanded by 19.2% to Rs 24.6 trillion

Amazon, Google CEOs hint at more layoffs amid meltdown to evaluate business. As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business

Zepto CFO Jitendra Nagpal quits, plans to launch a venture capital firm. Meanwhile, Zepto has announced the appointment of crypto firm CoinSwitch's chief financial officer Ramesh Bafna as its new CFO. Bafna is an ex-CFO of Myntra and an early member of the Flipkart team

NFRA imposes fine, bans auditors for misconduct in audit of DHFL branches. The National Financial Reporting Authority (NFRA) has imposed a fine and a one-year ban on four auditors for alleged professional misconduct in connection with the audit of branches of Dewan Housing Finance Corp Ltd (DHFL) in 2017-18. DHFL (now known as Pi

HDFC Bank recommends 1900% dividend from net profits of FY23. The dividend benefit was taken during the meeting held on Saturday during which HDFC Bank also fixed a record date for the said dividend

Record-breaking reach in Hindi speaking markets for IPL 2023: Disney Star. Overall, the broadcaster clocked a cumulative reach of 30.7 crore viewers for the first ten matches of the T20 tournament

JPMorgan profit surges 52% in Q1 on back of robust consumer business. The bank's profit increased 52% to .62 billion, or .10 per share, in the three months ended Mar. 31

FirstCry in talks with sovereign funds to sell stake at bn valuation. SoftBank, led by Masayoshi Son, is likely to sell a portion of its 29 per cent stake in the company if the deal goes through, sources said

Tata Motors joins rivals, will hike PV prices from May 1 by 0.6%. Company earlier raised prices of its commercial vehicles by 5% as auto industry transitions to new emission norms

InCred Alternative launches its first long-short fund of Rs 1,000cr. InCred Alternative Investments on Friday launched its first equity long-short open-ended fund with a targeted asset under management of Rs 1,000 crore. The liquid alternative investment fund aims to follow a multi-strategy quant approach to help generate s

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